Summary

White Cement Market Growth & Trends

The global white cement market size is expected to reach USD 12.14 billion by 2030, registering a CAGR of 4.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. White cement is increasingly being used in the construction industry, and is a very common choice for kitchen and flooring and wall applications, which is expected to boost their demand over the forecast period.

The market is expanding due to a rise in demand for the product in hot climate nations due to its heat-reflecting qualities. Furthermore, the increased use of the product in the construction of designer buildings and future landmarks promotes market development. White cement is widely used in developing nations such as India and China owing to the high buying power of the middle-class population, increased per capita GDP, and increased government spending related to infrastructural development.

When compared to grey cement, white cement has superior aesthetic, ornamental, and hydraulic binding qualities, which increase its longevity and strength. In addition, the use of white cement is increased in the production of architectural and decorative concrete, which is then used for the creation of terrazzo tiles, paints, pavers, as well as pre-fabricated goods like faux walls and tile adhesives.

Asia Pacific witnessed an unprecedented surge in construction spending in the past decade. Countries such as India, China, Japan, and Australia have been introducing new construction projects and rising construction investments. For instance, the real estate sector of India received the highest value of private equity/venture capital investments in Q1 (January-March) of 2023 at USD 5.00 billion, registering a year-over-year growth of 123%.

The tremendous cost of rehabilitation has created a market for materials with a much longer life span and requires minimal maintenance. This is expected to have a positive impact on the market over the forecast period. White cement is available in a variety of colors, textures, and grades which has led to an increase in the attractiveness of this market segment over the past years.

The market is characterized as highly competitive owing to the presence of both regional and multinational players. Governments have contracts with several domestic and foreign players to offer products and services. Thus, manufacturers often compete with other large companies and defense contractors as well as small companies that specialize in a particular technology or capability. The players also face competition from offerings of state-owned defense manufacturers.

White Cement Market Report Highlights

• Based on product, the white Portland cement dominated the market with a revenue share of more than 50% in 2022. This increase in white Portland cement sales is essentially attributed to the need for building structures with distinctive vernacular architectural styles. In addition, compared to grey cement, it has superior aesthetic, ornamental, and hydraulic binding qualities, which increase its longevity and strength leading to the growth of white Portland cement

• Based on application, the residential segment led the market with a revenue share of 40.2% in 2022. In residential applications, the product is traditionally used for laying tiles and decoration. Moreover, the increased popularity of white structures in nations like Spain is expected to fuel the product demand over the forecast period

• Asia Pacific was the largest consumer of white cement owing to the rapid industrial development of countries such as India, China, Japan, and Australia. The region also has major manufacturers such as UltraTech Cement Ltd., China National Building Material Company, BBMG Corporation, and Mitsubishi Materials Corporation. Moreover, India will be the second-largest cement-producing country in 2022 and its rapidly developing infrastructure is predicted to have the highest market growth throughout the projected period

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Table of Contents

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook, 2022 (USD Million)
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. White Cement Market Variables, Trends & Scope
3.1. Market Lineage Market
3.1.1. Global Cement Industry Outlook
3.2. Value Chain Analysis
3.2.1. Manufacturing Trends
3.2.2. Sales Channel Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. White Cement Market - Market Dynamics
3.5.1. Market Driver Analysis
3.5.1.1. Rising Investments in the Construction Sector in Asia Pacific
3.5.1.2. Rising Demand For Precast Concrete
3.5.2. Market Restraint Analysis
3.5.2.1. High Production Cost
3.5.3. Market Challenge Analysis
3.5.4. Market Opportunity Analysis
3.6. White Cement Market - Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyer
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitution
3.6.5. Competitive Rivalry
3.7. Industry Analysis - PESTLE by SWOT
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Social Landscape
3.7.4. Technological Landscape
3.7.5. Environmental Landscape
3.8. Market Disruption Analysis
Chapter 4. White Cement Market: Product Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Product Market Share Analysis, 2022 & 2030
4.3. White Cement Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Million)
4.4. While Portland Cement
4.5. While Masonry Cement
4.6. Others
Chapter 5. White Cement Market: Application Estimates & Trend Analysis
5.1. Key Takeaways
5.2. Application Market Share Analysis, 2022 & 2030
5.3. White Cement Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
5.4. Residential
5.5. Commercial
5.6. Other Applications
Chapter 6. White Cement Market: Regional Estimates & Trend Analysis
6.1. White Cement Market: Regional Outlook
6.2. North America
6.2.1. North America White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.2.2. U.S.
6.2.2.1. U.S. White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.2.3. Canada
6.2.3.1. Canada White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.2.4. Mexico
6.2.4.1. Mexico White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Europe White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1. UK White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.3. Germany
6.3.3.1. Germany White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.4. France
6.3.4.1. France White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.5. Italy
6.3.5.1. Italy White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.6. Spain
6.3.6.1. Spain White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.4.2. China
6.4.2.1. China White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.4.3. India
6.4.3.1. India White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.4.4. Japan
6.4.4.1. Japan White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.4.5. Australia
6.4.5.1. Australia White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.5. Central & South America
6.5.1. Central & South America White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.5.2. Brazil
6.5.2.1. Brazil White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.5.3. Argentina
6.5.3.1. Argentina White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East & Africa
6.6.1. Middle East & Africa White Cement Market Estimates & Forecasts, 2018 - 2030 (USD Million)
6.7. White Cement Market Supplier Intelligence
6.7.1. Kraljic Matrix/Portfolio Analysis
6.7.2. Engagement Model
6.7.3. Negotiation Strategies
6.7.4. Sourcing Best Practices
6.7.5. Vendor Selection Criteria
6.7.6. List of Raw Material Suppliers
6.7.7. List of End-users
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Competitive Categorization
7.3. Company Market Position Analysis
7.4. Company Heat Map Analysis
7.5. Strategy Mapping
7.6. Company Listing
7.6.1. Cementir Holding N.V.
7.6.1.1. Company Overview
7.6.1.2. Financial Performance
7.6.1.3. Product Benchmarking
7.6.1.4. Strategic Framework
7.6.2. Çimsa Çimento Sanayi ve Ticaret A.Ş
7.6.2.1. Company Overview
7.6.2.2. Financial Performance
7.6.2.3. Product Benchmarking
7.6.2.4. Strategic Framework
7.6.3. Royal White Cement
7.6.3.1. Company Overview
7.6.3.2. Financial Performance
7.6.3.3. Product Benchmarking
7.6.3.4. Strategic Framework
7.6.4. LafargeHolcim
7.6.4.1. Company Overview
7.6.4.2. Financial Performance
7.6.4.3. Product Benchmarking
7.6.4.4. Strategic Framework
7.6.5. Aditya Birla (Grasim Industries Limited)
7.6.5.1. Company Overview
7.6.5.2. Financial Performance
7.6.5.3. Product Benchmarking
7.6.5.4. Strategic Framework
7.6.6. Cimsa
7.6.6.1. Company Overview
7.6.6.2. Financial Performance
7.6.6.3. Product Benchmarking
7.6.6.4. Strategic Framework
7.6.7. Dyckerhoff GMBH
7.6.7.1. Company Overview
7.6.7.2. Financial Performance
7.6.7.3. Product Benchmarking
7.6.7.4. Strategic Framework
7.6.8. Federal White Cement
7.6.8.1. Company Overview
7.6.8.2. Financial Performance
7.6.8.3. Product Benchmarking
7.6.8.4. Strategic Framework
7.6.9. India Cements Ltd
7.6.9.1. Company Overview
7.6.9.2. Financial Performance
7.6.9.3. Product Benchmarking
7.6.9.4. Strategic Framework
7.6.10. J.K. Cement Company
7.6.10.1. Company Overview
7.6.10.2. Financial Performance
7.6.10.3. Product Benchmarking
7.6.10.4. Strategic Framework
7.6.11. Ultratech Cement Ltd
7.6.11.1. Company Overview
7.6.11.2. Financial Performance
7.6.11.3. Product Benchmarking
7.6.11.4. Strategic Framework
7.6.12. Saudi White Cement Company
7.6.12.1. Company Overview
7.6.12.2. Financial Performance
7.6.12.3. Product Benchmarking
7.6.12.4. Strategic Framework