The Worldwide Market for White Cement (2019-2024): Set to Reach $6.9 Billion, Growing at a CAGR of 5.2% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 21, 2019--The “White Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global white cement market reached a value of US$ 5.05 Billion in 2018, registering a CAGR of 4.4% during 2011-2018. The market value is further projected to reach US$ 6.9 Billion by 2024, growing at a CAGR of 5.2% during 2019-2024.
Rapid population growth, rising middle-class, elevating income levels, increasing number of nuclear families, mounting working population and changing lifestyles have increased the demand for houses over past several years. Moreover, migration of rural population to urban areas has also created urban housing shortages, which is expected to propel the growth of the housing sector in the coming years.
Infrastructural developments have aided the construction of roads, flyovers, railway stations, etc. For instance, in the Middle East, infrastructural construction due to major events, like Dubai Expo 2020 and FIFA World Cup 2022 in Qatar, is continuously catalyzing the growth of the construction sector and consequently, the consumption of white cement.
Growing requirements for spaces from educational and healthcare sectors have increased the construction of educational institutes and hospitals. Along with this, development in the tourism industry has also provided opportunity for the construction of hotels, resorts and villas, in turn, spurring the growth of the market.
Advancements in surface treatments and admixtures of white cement have simplified the casting of architectural white cement concrete. In precast applications, white cement is being used exclusively in the exposed layer, producing a decorative facing mix that is just a few inches thick. Such advancements create potential for new industrial applications of white cement, thereby fostering the market growth.
Rising traffic safety concerns and development of roads have strongly aided the market growth of white cement in recent years. White cement creates a strong visual contrast and offers an opportunity for passive traffic safety in transportation projects. Median barriers, made of white cement, not only separate vehicles physically from hazards, but also are highly visible at night and in wet conditions. White cement in roadways also provides a traffic calming effect that increases safety for all modes of transportation.
Breakup by Product Type
On the basis of type, white portland cement represents the most popular product type, closely followed by white masonry cement and others. White portland cement has a high degree of whiteness which can be modified by adding mineral oxide pigments to concrete. It is ideal for applications such as precast curtain walls, facing panels, stucco, terrazzo surface, cement paint, and white/coloured concrete and mortar.
Breakup by Application
Based on application, the market has been segregated into commercial, residential and infrastructural sectors. Amongst these, the commercial sector accounts for more than a half of the total market. As white cement reduces the requirement of excessive lighting due to its reflective property, it is used for flooring applications in commercial buildings such as malls, schools, offices, etc.
On a geographical front, Asia Pacific enjoys the leading position in the global white cement market on account of expanding construction activities in the region resulting from mounting disposable incomes, population growth and rapid urbanization. Asia Pacific is followed by the Middle East and Africa, Europe, North America, and Latin America.
On the global level, the white cement market is highly fragmented with a large number of players operating in the market, however, the market is concentrated at the regional level. Some of the leading players include:
2 Scope and Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 Global Cement Industry 5.1 Market Overview 5.2 Market Performance 5.3 Market Breakup by Region 5.4 Market Breakup by Application 5.5 Market Forecast
6 Global White Cement Industry 6.1 Market Overview 6.2 Market Performance 6.3 Price Analysis 6.4 Market Breakup by Region 6.5 Market Breakup by Application 6.6 Market Breakup by Type 6.7 Market Forecast 6.8 SWOT Analysis 6.9 Value Chain Analysis 6.10 Porter’s Five Forces Analysis 6.11 Key Market Drivers and Success Factors
7 White Cement Market: Performance of Key Regions 7.1 Asia-Pacific 7.2 Middle East & Africa 7.3 Europe 7.4 North America 7.5 Latin America
8 White Cement Market by Application 8.1 Residential 8.2 Commercial 8.3 Infrastructure
9 White Cement Market by Type 9.1 White Portland Cement 9.2 White Masonry Cement 9.3 Others
10 Competitive Landscape 10.1 Market Structure 10.2 Market Breakup by Key Players
11 White Cement Manufacturing Process 11.1 Product Overview 11.2 Detailed Process Flow 11.3 Various Types of Unit Operations Involved 11.4 Mass Balance and Raw Material Requirements
12 Project Details, Requirements and Costs Involved 12.1 Land Requirements and Expenditures 12.2 Construction Requirements and Expenditures 12.3 Plant Machinery 12.4 Machinery Picture 12.5 Raw Material Requirements and Expenditures 12.6 Raw Material and Final Product Picture 12.7 Packaging Requirements and Expenditures 12.8 Transportation Requirements and Expenditures 12.9 Utility Requirements and Expenditures 12.10 Manpower Requirements and Expenditures 12.11 Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics 14.1 Capital Cost of the Project 14.2 Techno-Economic Parameters 14.3 Product Pricing and Margins Across Various Levels of the Supply Chain 14.4 Taxation and Depreciation 14.5 Income Projections 14.6 Expenditure Projections 14.7 Financial Analysis 14.8 Profit Analysis
15 Key Player Profiles 15.1 Cementir Holding 15.2 Birla White (Ultra Tech) 15.3 JK Cement 15.4 Cemex 15.5 Cimsa Cimento 15.6 Sotacib 15.7 Ras Al-Khaimah Co. 15.8 Federal White Cement 15.9 Saveh White Cement Co.
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Related Topics:Cement and Concrete
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
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PUB: 02/21/2019 10:21 AM/DISC: 02/21/2019 10:22 AM