NEW YORK, Feb. 23, 2022 /PRNewswire/ -- As per Zion Market Research study, White Cement industry accrued revenue worth nearly US$ 3.7 billion in 2021 and is anticipated to gain returns about US$ 7.2 billion by 2028. Additionally, White Cement market is prognosis to record CAGR of almost 6.2% in 2022-2028.
Read Market Research Report "White Cement Market- By Grade (Type I And Type III), By Application (Architectural, Flooring, And Tile Grouting), And By End-Use (Residential, Commercial, And Industrial): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022-2028."
Growth of white cement market over forecast timespan is subject to huge product penetration in housing complex construction across globe. Funding of railway, airport, and highway infrastructure will help white cement industry enter new era of growth in forthcoming years. High focus on innovativeness and artistic sense for buildings will steer expansion of white cement industry. Surge in popularity of decorative applications will boost market trends. Nonetheless, high costs of production are likely to restrict size of white cement market in ensuing years.
Type I Segment To Dominate Product Landscape Over 2021-2028:
Growth of type I segment over forecast timeframe is subject to large-scale use of type I cement in decorating of premium constructions. When combined with inorganic pigments, type I white cement gives bright colored mortar & concrete that can be used in exterior and interior decorations of buildings. It is massively utilized in reinforced concrete buildings, tanks, water pipes, reservoirs, bridges, and masonry units.
Commercial Segment To Contribute Lucratively Towards Market Size By 2028:
Segmental growth over next six years is due to wide use of white cement in high-rise building structural design, warehousing units, and parking areas. Moreover, high product penetration in commercial spaces will drive expansin of segment over assessment period.
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Asia Pacific To Contribute Significantly Towards Regional Market Revenue Over 2022-2028:
Expansion of white cement market in Asia Pacific in ensuing years is subject to rise in residential constructions in countries such as South Korea, India, Malaysia, and China. Citing an instance, National Development and Reform Commission of China had declared launching of nearly 26 infrastructure ventures with a funding of US$ 141.1 billion in 2019. Apart from this, increase in spending capacity of population and rise in demand for white cement for floors will spur regional market size.
Report Scope:
Report Attribute | Details |
Market Size Value in 2021 | USD 3.7 Billion |
Revenue Forecast in 2028 | USD 7.2 Billion |
Growth Rate | CAGR of almost 6.2% 2022-2028 |
Base Year | 2021 |
Historic Years | 2016 - 2021 |
Forecast Years | 2022 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2022 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | OYAK Adana Cement, ACC Limited, Cementos Portland Valderrivas, Aditya Birla (Grasim Industries Limited), Federal White Cement Ltd., Ambuja Cements Ltd, Cementir Holding NV, Çimsa Çimento Sanayi ve Ticaret AS,Fars & Khuzestan Cement Co., India Cements Ltd, HEIDELBERGCEMENT AG, and JK Cement Ltd |
Report Coverage | Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. https://www.zionmarketresearch.com/custom/6747 |
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The Global White Cement Market is segmented as follows:
White Cement Market: By Grade Outlook (2022-2028)
- Type I
- Type III
White Cement Market: By Application Outlook (2022-2028)
- Architectural
- Flooring
- Tile Grouting
White Cement Market: By End-Use Outlook (2022-2028)
- Residential
- Commercial
- Industrial
White Cement Market: By Region Outlook (2022-2028)
North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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Our Free Sample Report Includes:
- 2021 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 180 + Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2021 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Zion Market Research methodology
List of Key Players of White Cement Market:
- OYAK Adana Cement
- ACC Limited
- Cementos Portland Valderrivas
- Aditya Birla (Grasim Industries Limited)
- Federal White Cement Ltd.
- Ambuja Cements Ltd
- Cementir Holding NV
- Çimsa Çimento Sanayi ve Ticaret AS
- Fars & Khuzestan Cement Co.
- India Cements Ltd
- HEIDELBERGCEMENT AG
- JK Cement Ltd
- others.
Key questions answered in this report:
- What are the growth rate forecast and market size for Cement Market?
- What are the key driving factors propelling the Cement Market forward?
- What are the most important companies in the Cement Market Industry?
- What segments does the Cement Market cover?
- How can I receive a free copy of the Cement Market sample report and company profiles?
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