White Cement Market - Forecast(2024 - 2030)

Report Code: CMR 78615 Report Format: PDF + Excel

White Cement Market Overview:

According to the International Trade Centre (ITC), the trade of white Portland cement was evaluated to be $737.5m in 2018, a 3% growth between 2014 and 2018. This resonates with the growing white cement market size that was valued at $6,865m as of 2018. Furthermore, the demand for white cement for a gamut of purposes in building & construction and other sectors is poised to help the market grow at a compound annual growth rate (CAGR) of 3.60% during the forecast period 2019-2025.

The building & construction industry is making strides in APAC, which is creating a demand for white cement as it is used in creating facades, cement-based tile adhesives, and pavers. In the 2017 Cement Industry Trends Report, The Energy and Research Institute attributes China for 59% of the global cement consumption and India for 7%.[2] White cement is a significant segment of the cement industry, and there is a substantial consumption of white cement in both the countries. Similarly, the construction industry in other countries such as Indonesia, Malaysia, and the Philippines is supporting the white cement market. APAC held 55% share of the white cement market in 2018.  

White Cement Market Outlook:

White Portland cement, white ordinary Portland cement (WOPC), or simply white cement is similar to the conventional grey cement, but its properties such as high degree of whiteness and attractiveness make it more expensive than grey cement. This material is used in residential, commercial, and industrial buildings, predominantly for decorative purpose.

The key application of white cement is in the building & construction sector for flooring, renovations, and restorations. This is much attributed to the fact that a lot of buildings, especially in the residential real estate sector, are undergoing renovation. Furthermore, there is an augmented demand for more buildings in order to fulfill the sustainable development goals (SDGs) of the United Nations (UN) in which the real estate industry is poised to play a vital role. This application segment will observe a profitable CAGR of 6% through 2025.

White Cement Market Growth Drivers:

· The Application of White Cement on Roads –

The world is in dire need of infrastructure and three quarters of the infrastructural gap is collectively attributable to roads and electricity. According to the World Economic Forum, the worldwide investment in infrastructure is estimated to be $79 trillion by 2040, out of which a significant amount will be invested in roads.[3] Nowadays, roads are incorporated with white cement which is also used in the traffic barriers as it imparts visibility during night and provides passive traffic safety. The increasing investment in roads will support the white cement market.

· The Cast Stone Industry Creating Opportunities In the White Cement Market –

The growth prospects for the vendors in the white cement market is evident from the growing cast polymers market, which is poised to witness a CAGR of 7% through 2023. Evidently, cast stone is made of white cement, pigments, chemical admixtures, and water. Cast stone is a masonry product and finds applications in architectures, especially the facade of the buildings, where it is used to implant attractiveness. It is also a cost-effective repair material that is used in renovation projects of historic buildings. The demand influx from the cast stone industry or precasting market is leading the white cement market size to expand.

White Cement Market Trends –

  • In February 2018, Cementir Holding S.p.A expanded its presence in the white cement market by acquiring 38.75% stake of Lehigh White Cement Company, subsequently attaining a majority share of 63%.
  • In March 2019, Cimsa Cimento entered into an agreement to acquire Bunol – a white cement plant in Spain. This acquisition was aimed at making Sabanci Holding Cement Group – the parent company of Cimsa, a world leader in the white cement market.  

White Cement Market Key Players Perspective –

The major players in the white cement market are Cimsa Cimento, JK Cement, Cementir Holding S.p.A, SOTACIB (65% Cementos Molins), CEMEX S.A.B. de C.V., Birla White (UltraTech Cement Limited), Ras Al-Khaimah (RAK) Company, Saveh White Cement Company, Federal White Cement Limited, and Cementos Portland Valderrivas, S.A.

White Cement Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the white cement market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The White cement market research report also analyses the application of white cement in residential, commercial, industrial, and in the renovation of historical buildings.

White Cement Market Report: Industry Coverage

The report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia

Key Questions Addressed in the White Cement Market Report

Is the market demand for White cement growing? How long will it continue to grow and at what rate?

Which type of White cement presents the major growth opportunities?

Is there a possibility for change in the market structure over time?

Are additional developments needed for the existing product or services offerings or do the existing products meet the customer demands?

Do the key vendors look for partnerships to expand their businesses with respect to geography or product?

What are the short-term, long-term, and medium-term growth drivers for the market?

What are the short-term, medium-term, and long-term challenges for the market?

What are the short-term, medium-term, and long-term opportunities for the market

Who are the top players/companies of the market?

What are the recent innovations in the market?

How many patents have been filed by the leading players?

What are the types of patents filed by the leading players?

What is our Vision 2030 for the White cement market?

A Few Focus Points Of This Research Are Given Below:

  • Give a deep-dive analysis of the key operational strategies with focus on the corporate structure, R&D strategies, localization strategies, production capabilities, and sales performance of various companies
  • Provide an overview of the product portfolio, including product planning, development, and positioning
  • Discuss the role of technology companies in partnerships
  • Explore the regional sales activities
  • Analyze the market size and giving the forecast for current and future global White cement market during the forecast 2019–2025
  • Analyze the competitive factors, competitors’ market shares, product capabilities, and supply chain structures

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1. White Cement Market - Overview
        1.1 Definitions and Scope
2. White Cement Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. White Cement Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. White Cement Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. White Cement Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. White Cement Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. White Cement Market - Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. White Cement Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Segment Analysis
            8.3.1 Introduction
            8.3.2 White Portland Cement
            8.3.3 White Masonry Cement
            8.3.4 Others
9. White Cement Market - By End Use (Market Size -$Million / $Billion)
        9.1 Residential
        9.2 Commercial
        9.3 Industrial
10. White Cement - By Application (Market Size -$Million / $Billion)
11. White Cement - By Geography (Market Size -$Million / $Billion)
        11.1 White Cement Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
         Rest of North America
        11.3 White Cement- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
         Costa Rica
         Rest of South America
        11.5 White Cement- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
         Rest of Europe
        11.7 White Cement - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
         South Korea
         Hong kong
         Rest of APAC
        11.9 White Cement - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
         Saudi Arabia
            11.10.6 Africa Segment Analysis
         South Africa
         Rest of Middle East & Africa
12. White Cement Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. White Cement Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. White Cement Market - Key Company List by Country Premium
15. White Cement Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Birla White
        15.3 Cementir Holding
        15.4 Cementos Portland Valderrivas
        15.5 Cemex
        15.6 Cimsa Cimento
        15.7 Federal White Cement
        15.8 Jk Cement
        15.9 Ra Al-Khaimah Company
        15.10 Saveh White Cement Company
        15.11 Sotacib
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. White Cement Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. White Cement Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends