Market Research Global White Cement Market Analysis 2018

The white cement market is expected to register a significant growth during 2018 to 2023 (the forecast
period). This tremendous growth is supported by the increasing construction activities in emerging
economies.
Growing Construction Industry in Emerging Economies
Continuously expanding construction activities in emerging economies in Asia-Pacific and the Middle
East is driving the market for white cement globally. The construction market in India is growing almost
twice as fast as China, and it is expected to grow at this pace till 2030, providing a new engine of global
growth in emerging construction markets, which in turn will escalate the demand in the global white
cement market. Southeast Asia, with a construction market volume of well over USD 250 billion in 2017,
has also become one of the most attractive target markets for the global white cement market. Similarly
in the Middle East, infrastructural construction due to major events, like Dubai Expo 2020 and FIFA
World Cup 2022 in Qatar, continued to drive the sectors growth and cement consumption increased as a
consequence.
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White Portland Cement Segment to Dominate the Market
As of 2017, White Portland cement has the largest market share in the global white cement market.
White Portland cement is often used to provide architectural finishes, such as exposed aggregate and
colored concrete. This cement is generally confined to architectural applications, as it tends to be
significantly more expensive than ordinary Portland cement.
Asia-Pacific to Dominate the Market Growth
The Asia-Pacific construction sector is the largest in the world, and it is increasing at a healthy rate, due
to the rapid industrialization of India, China, Japan, and Australia. Asia-Pacific is even anticipated to
exhibit highest market growth during the forecast period, due to the presence of India, which is the
second largest market for white cement with emerging infrastructure growth.
Key Developments in the Market
February 2018: Cemex Inc. agreed to acquire an additional 12.25% stake in Lehigh White Cement
Company for USD 34 million.
Major Players: Cementir Holding SpA, Cimsa Cimento Sanayi ve Ticaret AS, JKCL, Cemex SAB de CV,
Cementos Molins SA, Rak White Cement, and Aditya Birla Management Corporation Pvt. Ltd, amongst
others.
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white-cement-market-segmented-by-application-product-type-and-geography-growth-trends-and-
forecast-2018-2023
Reasons to Purchase this Report
Identify the current and future prospects of the global white cement market in the developed and
emerging markets