White Cement Market
The global white cement market is expected to grow at a CAGR of 4.5% during the forecast period 2021-2026. White cement is a form of cement that is used for decorative purposes, such as flooring, walls, and other decorative constructions. The primary difference between white cement and ordinary cement is their color, as white cement is whiter in color. White cement is made from raw materials with low iron oxide content and is used where pure white color is required.
The demand for white cement is mainly driven by the construction industry's increasing use of decorative walls, floors, and other decorative concretes. It is often used in combination with pigment to produce different shades of colored concrete for aesthetic purposes. Additionally, factors such as rising urbanization, a growing middle-class population, and an increase in disposable income have led to an increase in demand for decorative construction materials such as white cement.
The Asia-Pacific region is the largest consumer of white cement, accounting for more than 50% of the global consumption. This high demand is mainly due to the region's growing construction industry, increasing urbanization, and the availability of low-cost labor and raw materials. China, India, and Indonesia are significant consumers of white cement in the Asia-Pacific region.
North America and Europe are the second and third-largest markets, respectively. The growth of these markets is primarily due to the increasing demand for decorative concrete in the construction industry. The United States, Germany, and the United Kingdom are the primary consumers of white cement in these regions.
The global white cement market is highly fragmented, with numerous players operating in the market. Key players in the market include Cementir Holding, Cemex, JK Cement, Royal White Cement, and Saveh White Cement Company among others. These companies are continuously investing in research and development to improve their product quality and expand their product portfolio to cater to the growing demand for white cement in the market.
This report provides an in-depth analysis of the global cement market.
This report provides an in-depth analysis of the global cement clinker market.
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