Global White Cement Market is Growing at a CAGR of 5.2% During the Forecast Period 2019-2024
Over the past few years, the global white cement market has witnessed moderate growth. Migration from rural to urban areas, rising number of nuclear families, elevating disposable incomes and infrastructural developments are providing a boost to the sales
(EMAILWIRE.COM, June 19, 2019 ) According to a new research report by IMARC Group, titled “Global White Cement Market Research Report and Forecast 2019-2024”, the global white cement market 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.
Get a PDF Sample for more detailed market: https://www.imarcgroup.com/white-cement-manufacturing-plant/requestsample
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.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/white-cement-manufacturing-plant
Insights on Market Segmentation:
White Cement Market by Application:
1. Residential
2. Commercial
3. Infrastructure
On the basis of applications, the market has been divided into the residential, commercial and infrastructure sectors. Amongst these, the commercial sector represents the largest application area, accounting for the majority of the total market share.
White Cement Market by Type:
1. White Portland Cement
2. White Masonry Cement
3. Others
Based on product types, the market has been segregated into white Portland cement, white masonry cement and others. Currently, white Portland cement represents the most popular product type.
White Cement Market: Performance of Key Regions:
1. Asia-Pacific
2. Middle East & Africa
3. Europe
4. North America
5. Latin America
On a geographical front, Asia Pacific exhibits a clear dominance in the market, holding the biggest share. Other major regions include Europe, Latin America, North America, and Middle East and Africa.
Competitive Landscape:
Some of the key players operating in the market include Cementir Holding, Birla White (Ultra Tech), JK Cement, Cemex, Cimsa Cimento, Sotacib, Ras Al-Khaimah Co., Federal White Cement and Saveh White Cement Co.
Browse similar reports by IMARC Group:
East Africa Cement Market Research Report and Forecast: https://www.imarcgroup.com/east-africa-cement-market
Global Ceiling Tiles Market Research Report and Forecast: https://www.imarcgroup.com/ceiling-tiles-market
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.
Get a PDF Sample for more detailed market: https://www.imarcgroup.com/white-cement-manufacturing-plant/requestsample
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.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/white-cement-manufacturing-plant
Insights on Market Segmentation:
White Cement Market by Application:
1. Residential
2. Commercial
3. Infrastructure
On the basis of applications, the market has been divided into the residential, commercial and infrastructure sectors. Amongst these, the commercial sector represents the largest application area, accounting for the majority of the total market share.
White Cement Market by Type:
1. White Portland Cement
2. White Masonry Cement
3. Others
Based on product types, the market has been segregated into white Portland cement, white masonry cement and others. Currently, white Portland cement represents the most popular product type.
White Cement Market: Performance of Key Regions:
1. Asia-Pacific
2. Middle East & Africa
3. Europe
4. North America
5. Latin America
On a geographical front, Asia Pacific exhibits a clear dominance in the market, holding the biggest share. Other major regions include Europe, Latin America, North America, and Middle East and Africa.
Competitive Landscape:
Some of the key players operating in the market include Cementir Holding, Birla White (Ultra Tech), JK Cement, Cemex, Cimsa Cimento, Sotacib, Ras Al-Khaimah Co., Federal White Cement and Saveh White Cement Co.
Browse similar reports by IMARC Group:
East Africa Cement Market Research Report and Forecast: https://www.imarcgroup.com/east-africa-cement-market
Global Ceiling Tiles Market Research Report and Forecast: https://www.imarcgroup.com/ceiling-tiles-market
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 Information:
IMARC Services Pvt. Ltd.
Richard Lewis
Tel: 6317911145
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
IMARC Services Pvt. Ltd.
Richard Lewis
Tel: 6317911145
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results