According to a new research report by IMARC Group, titled “White Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global white cement market size reached a value of more than US$ 5 Billion in 2018, registering a CAGR of 4.4% during 2011-2018. White cement is a hydraulic binder made with China clay and chalk or limestone in a high-temperature process. It is characterized by a fine texture and distinct white color which can depend upon the manufacturing process and the quality of raw materials (manganese oxide and iron oxide) used in its production. White cement forms a paste when combined with water which then sets and hardens. It is highly durable, requires low maintenance and provides an aesthetic look, owing to which white cement is widely used in the construction industry across the globe.

Market Trends:

The rising trend of migration from rural to urban areas has led to a shortage of urban housing in both the developed and developing countries. Moreover, the increasing number of nuclear families, inflating income levels and changing lifestyles have propelled the demand for modern houses which has provided thrust to the white cement market. Additionally, the rising construction of public infrastructure including roads, flyovers, airports, railway stations and shopping complexes across emerging economies is contributing to the sales of white cement. Apart from this, a significant rise in the tourism industry has also led to an increase in the construction of hotels, resorts and villas worldwide. Further, upcoming global events like the FIFA World Cup 2022 in Qatar and Dubai Expo 2020 are escalating the consumption of white cement in the Middle East. By 2024, the market is projected to reach a value of around US$ 7 Billion, growing at a CAGR of 5.2% during 2019-2024.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/white-cement-manufacturing-plant/requestsample

Market Segmentation:

Market by Application

1. Residential
2. Commercial
3. Infrastructure

Market by Type

1. White Portland Cement
2. White Masonry Cement
3. Others

Key Player Profiles

1. Cementir Holding
2. Birla White (Ultra Tech)
3. JK Cement
4. Cemex
5. Cimsa Cimento
6. Sotacib
7. Ras Al-Khaimah Co.
8. Federal White Cement
9. Saveh White Cement Co

Browse similar reports by IMARC Group

Global Green Cement Market Report and Forecast

Global Cement Market Report and Forecast

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US: IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group