White Cement Market Size
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Study Period | 2018 - 2030 |
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Market Volume (2024) | 25.58 Million Tons |
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Market Volume (2030) | 32.91 Million Tons |
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Largest Share by End Use Sector | Residential |
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CAGR (2024 - 2030) | 4.29 % |
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Largest Share by Region | Asia-Pacific |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
White Cement Market Analysis
The White Cement Market size is estimated at 25.58 million Tons in 2024, and is expected to reach 32.91 million Tons by 2030, growing at a CAGR of 4.29% during the forecast period (2024-2030).
25.58 Million
Market Size in 2024 (Tons)
32.91 Million
Market Size in 2030 (Tons)
2.06 %
CAGR (2018-2023)
4.29 %
CAGR (2024-2030)
Largest Market by Sub Product
51.82 %
volume share, Type I, 2023
Due to its widespread applications in residential and commercial constructions due to its properties, such as quick setting time and good compressive strength, the segment holds the largest share.
Largest Market by End Use Sector
48.57 %
volume share, Residential, 2023
Due to the growing usage of white cement in major repairing and decorating applications such as marble tiles and sheathing walls, floors, and roofs from apartments, bungalows, etc., residential has registered the highest demand.
Largest Market by Region
53.86 %
volume share, Asia-Pacific, 2023
Due to the growing construction industrial activity in the region, coupled with the increasing demand for white cement in countries like China, India, Japan, and South Korea, the region has dominated the market.
Fastest Market by Region
6.42 %
Projected CAGR, Middle East and Africa, 2024-2030
Due to the fast-paced growth of construction activities, coupled with government initiatives such as Vision 2030, the region is expected to witness the fastest growth during the forecast period.
Leading Company
9.43 %
market share, Cementir Holding N.V., 2022
In 2022, the company held the largest share owing to its white cement production capacity of over 3 million tons per year. The company serves customers across various construction sectors.
Burgeoning residential construction activities are likely to drive the demand for white cement
- In 2022, the global white cement market held a modest share of approximately 0.58% in the larger cement market. However, the demand for white cement is set to rise, with a projected growth rate of 1.90% in 2023, driven primarily by the burgeoning needs of the residential and commercial construction sectors.
- Within the white cement market, the residential segment is the dominant player, poised to capture a significant 48.57% share in 2023. Factors such as rapid urbanization, bolstered by government initiatives and both foreign and domestic investments, are fueling the demand for housing. For instance, the Government of Indonesia (GOI) has set a target of constructing 1 million housing units by 2025, with the country's overall housing demand estimated to reach 30 million units. Similarly, the United States has plans to add approximately 11.5 million houses between 2025 and 2035. These trends indicate a surge in residential construction, leading to a projected global white cement consumption of 15.46 million tons in 2030, up from 11.92 million tons in 2023.
- While the residential sector takes the lion's share, the industrial and institutional sector is emerging as the fastest-growing consumer of white cement, with a robust CAGR of 5.02% during the forecast period. The global industrial floor area is set to expand to 9.83 billion square feet by 2026, driven by increased investments in sectors like industrial, education, and healthcare. Notably, the United States is projected to witness construction spending of USD 47.59 billion in new industrial buildings by 2026. These developments point to a significant increase in white cement consumption for the industrial and institutional sector, with a projected increase of 1.45 million tons by 2030 compared to 2023.
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The Asia-Pacific region, led by countries like India, is set to witness a surge in office space demand, projected to reach 1.2 billion sq. ft by 2030. This increase is driving the global demand for white cement
- In 2022, the global white cement market represented approximately 0.58% of the total global cement market. North America and Europe saw significant growth rates of 13.98% and 2.44%, respectively, in 2022, compared to 2021. The global white cement market is projected to grow by about 1.90% in 2023.
- With a dominant share, the Asia-Pacific region is set to account for roughly 53.86% of the global white cement market in 2023. This surge is driven by escalating construction activities, particularly in sectors like industrial, healthcare, and commercial spaces. For instance, Indonesia has six shopping mall projects slated for completion by 2025, adding up to 292 thousand square meters. In India, the Grade A office market in the top seven cities is expected to expand to 1 billion square feet by 2026 and further to 1.2 billion square feet by 2030. Consequently, the Asia-Pacific white cement market is projected to grow by 39.29% from 2023 to 2030.
- Middle East & Africa is expected to be the fastest-growing consumer of white cement, with the highest CAGR of 6.47% during the forecast period. This can be attributed to the region's growing demand for white cement market for the residential and commercial sectors. For instance, Saudi Arabia plans to add around 555 thousand residential units, over 4.3 million square meters of retail space, and over 6.1 million square meters of new office space by 2030. The residential new floor area in the region is expected to reach 777 million sq. ft in 2023 and is projected to reach 886 million sq. ft in 2030. As a result, the region's white cement is projected to increase by 717 thousand tons in 2030 compared to 2023.
Global White Cement Market Trends
Asia-Pacific's surge in large-scale office building projects is set to elevate the global floor area dedicated to commercial construction
- In 2022, the global new floor area for commercial construction witnessed a modest growth of 0.15% from the previous year. Europe stood out with a significant surge of 12.70%, driven by a push for high-energy-efficient office buildings to align with its 2030 carbon emission targets. As employees returned to offices, European companies, resuming lease decisions, spurred the construction of 4.5 million square feet of new office space in 2022. This momentum is poised to persist in 2023, with a projected global growth rate of 4.26%.
- The COVID-19 pandemic caused labor and material shortages, leading to cancellations and delays in commercial construction projects. However, as lockdowns eased and construction activities resumed, the global new floor area for commercial construction surged by 11.11% in 2021, with Asia-Pacific taking the lead with a growth rate of 20.98%.
- Looking ahead, the global new floor area for commercial construction is set to achieve a CAGR of 4.56%. Asia-Pacific is anticipated to outpace other regions, with a projected CAGR of 5.16%. This growth is fueled by a flurry of commercial construction projects in China, India, South Korea, and Japan. Notably, major Chinese cities like Beijing, Shanghai, Hong Kong, and Taipei are gearing up for an uptick in Grade A office space construction. Additionally, India is set to witness the opening of approximately 60 shopping malls, spanning 23.25 million square feet, in its top seven cities between 2023 and 2025. Collectively, these endeavors across Asia-Pacific are expected to add a staggering 1.56 billion square feet to the new floor area for commercial construction by 2030, compared to 2022.
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South America's estimated fastest growth in residential constructions due to increasing government investments in schemes for affordable housing to boost the global residential sector
- In 2022, the global new floor area for residential construction declined by around 289 million square feet compared to 2021. This can be attributed to the housing crisis generated due to the shortage of land, labor, and unsustainably high construction materials prices. This crisis severely impacted Asia-Pacific, where the new floor area declined 5.39% in 2022 compared to 2021. However, a more positive outlook is expected in 2023 as the global new floor area is predicted to grow by 3.31% compared to 2022, owing to government investments that can finance the construction of new affordable homes capable of accommodating 3 billion people by 2030.
- The COVID-19 pandemic caused an economic slowdown, due to which many residential construction projects got canceled or delayed, and the global new floor area declined by 4.79% in 2020 compared to 2019. As the restrictions were lifted in 2021 and pent-up demand for housing projects was released, new floor area grew 11.22% compared to 2020, with Europe having the highest growth of 18.28%, followed by South America, which rose 17.36% in 2021 compared to 2020.
- The global new floor area for residential construction is expected to register a CAGR of 3.81% during the forecast period, with South America predicted to develop at the fastest CAGR of 4.05%. Schemes and initiatives like the Minha Casa Minha Vida in Brazil announced in 2023 with a few regulatory changes, for which the government plans an investment of USD 1.98 billion to provide affordable housing units for low-income families, and the FOGAES in Chile also publicized in 2023, with an initial investment of USD 50 million, are aimed at providing mortgage loans to families for affordable housing and will encourage the construction of new residential units.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Surging energy investments in Asia-Pacific are set to bolster the global expansion of industrial construction
- Projections indicate that the growing number of private-public partnerships in infrastructure construction across Asia-Pacific will contribute to a notable surge in global infrastructure spending
White Cement Industry Overview
The White Cement Market is fragmented, with the top five companies occupying 31.49%. The major players in this market are Cementir Holding N.V., Holcim, JK Cement Ltd., UltraTech Cement Ltd. and Çimsa (sorted alphabetically).
White Cement Market Leaders
Cementir Holding N.V.
Holcim
JK Cement Ltd.
UltraTech Cement Ltd.
Çimsa
Other important companies include Cementos Molins, S.A., CEMEX, S.A.B. de C.V., Jiangxi Yinshan White Cement Co., Ltd., Riyadh Cement, Royal White Cement inc..
*Disclaimer: Major Players sorted in alphabetical order.
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White Cement Market News
- August 2023: CEMEX S.A.B. de C.V. and Synhelion SA announced a significant milestone in their joint effort to develop fully solar-driven cement production to industrially viable levels through the continuous production of clinker, the most energy-intensive part of cement manufacturing, using only solar heat.
- May 2023: HOLCIM and Air Liquide signed a Memorandum of Understanding (MoU) to pursue a project to decarbonize Holcim's new cement production plant in Belgium, utilizing Air Liquide's proprietary CryocapTM carbon capture innovative technology.
- February 2021: CEMEX S.A.B. de C.V. and Synhelion SA announced the successful introduction of ground-breaking hydrogen technology as part of its fuel mix in all of its cement plants in Europe as a step of progress towards its CO2 emissions reduction targets.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.
White Cement Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 End Use Sector Trends
- 4.1.1 Commercial
- 4.1.2 Industrial and Institutional
- 4.1.3 Infrastructure
- 4.1.4 Residential
- 4.2 Major Infrastructure Projects (current And Announced)
- 4.3 Regulatory Framework
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)
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5.1 End Use Sector
- 5.1.1 Commercial
- 5.1.2 Industrial and Institutional
- 5.1.3 Infrastructure
- 5.1.4 Residential
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5.2 Sub Product
- 5.2.1 Type I
- 5.2.2 Type III
- 5.2.3 Other Sub Product Types
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5.3 Region
- 5.3.1 Asia-Pacific
- 5.3.1.1 By Country
- 5.3.1.1.1 Australia
- 5.3.1.1.2 China
- 5.3.1.1.3 India
- 5.3.1.1.4 Indonesia
- 5.3.1.1.5 Japan
- 5.3.1.1.6 Malaysia
- 5.3.1.1.7 South Korea
- 5.3.1.1.8 Thailand
- 5.3.1.1.9 Vietnam
- 5.3.1.1.10 Rest of Asia-Pacific
- 5.3.2 Europe
- 5.3.2.1 By Country
- 5.3.2.1.1 France
- 5.3.2.1.2 Germany
- 5.3.2.1.3 Italy
- 5.3.2.1.4 Russia
- 5.3.2.1.5 Spain
- 5.3.2.1.6 United Kingdom
- 5.3.2.1.7 Rest of Europe
- 5.3.3 Middle East and Africa
- 5.3.3.1 By Country
- 5.3.3.1.1 Saudi Arabia
- 5.3.3.1.2 United Arab Emirates
- 5.3.3.1.3 Rest of Middle East and Africa
- 5.3.4 North America
- 5.3.4.1 By Country
- 5.3.4.1.1 Canada
- 5.3.4.1.2 Mexico
- 5.3.4.1.3 United States
- 5.3.5 South America
- 5.3.5.1 By Country
- 5.3.5.1.1 Argentina
- 5.3.5.1.2 Brazil
- 5.3.5.1.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Cementir Holding N.V.
- 6.4.2 Cementos Molins, S.A.
- 6.4.3 CEMEX, S.A.B. de C.V.
- 6.4.4 Holcim
- 6.4.5 Jiangxi Yinshan White Cement Co., Ltd.
- 6.4.6 JK Cement Ltd.
- 6.4.7 Riyadh Cement
- 6.4.8 Royal White Cement inc.
- 6.4.9 UltraTech Cement Ltd.
- 6.4.10 Çimsa
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR CONCRETE, MORTARS AND CONSTRUCTION CHEMICALS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- FLOOR AREA OF NEW COMMERCIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 2:
- FLOOR AREA OF NEW INDUSTRIAL AND INSTITUTIONAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 3:
- SPENDING ON INFRASTRUCTURE PROJECTS, USD, GLOBAL, 2018 - 2030
- Figure 4:
- FLOOR AREA OF NEW RESIDENTIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 5:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, GLOBAL, 2018 - 2030
- Figure 6:
- VOLUME OF WHITE CEMENT CONSUMED BY END USE SECTOR, TONS, GLOBAL, 2018 - 2030
- Figure 7:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 8:
- VOLUME OF WHITE CEMENT CONSUMED IN COMMERCIAL SECTOR, TONS, GLOBAL, 2018 - 2030
- Figure 9:
- VOLUME SHARE OF WHITE CEMENT CONSUMED IN COMMERCIAL SECTOR, BY SUB PRODUCT, %, GLOBAL, 2023 VS 2030
- Figure 10:
- VOLUME OF WHITE CEMENT CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, TONS, GLOBAL, 2018 - 2030
- Figure 11:
- VOLUME SHARE OF WHITE CEMENT CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, BY SUB PRODUCT, %, GLOBAL, 2023 VS 2030
- Figure 12:
- VOLUME OF WHITE CEMENT CONSUMED IN INFRASTRUCTURE SECTOR, TONS, GLOBAL, 2018 - 2030
- Figure 13:
- VOLUME SHARE OF WHITE CEMENT CONSUMED IN INFRASTRUCTURE SECTOR, BY SUB PRODUCT, %, GLOBAL, 2023 VS 2030
- Figure 14:
- VOLUME OF WHITE CEMENT CONSUMED IN RESIDENTIAL SECTOR, TONS, GLOBAL, 2018 - 2030
- Figure 15:
- VOLUME SHARE OF WHITE CEMENT CONSUMED IN RESIDENTIAL SECTOR, BY SUB PRODUCT, %, GLOBAL, 2023 VS 2030
- Figure 16:
- VOLUME OF WHITE CEMENT CONSUMED BY SUB PRODUCT, TONS, GLOBAL, 2018 - 2030
- Figure 17:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY SUB PRODUCT, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 18:
- VOLUME OF TYPE I WHITE CEMENT CONSUMED, TONS, GLOBAL, 2018 - 2030
- Figure 19:
- VOLUME SHARE OF TYPE I WHITE CEMENT CONSUMED BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 20:
- VOLUME OF TYPE III WHITE CEMENT CONSUMED, TONS, GLOBAL, 2018 - 2030
- Figure 21:
- VOLUME SHARE OF TYPE III WHITE CEMENT CONSUMED BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 22:
- VOLUME OF OTHER SUB PRODUCT TYPES WHITE CEMENT CONSUMED, TONS, GLOBAL, 2018 - 2030
- Figure 23:
- VOLUME SHARE OF OTHER SUB PRODUCT TYPES WHITE CEMENT CONSUMED BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 24:
- VOLUME OF WHITE CEMENT CONSUMED BY REGION, TONS, GLOBAL, 2018 - 2030
- Figure 25:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY REGION, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 26:
- VOLUME OF WHITE CEMENT CONSUMED BY COUNTRY, TONS, ASIA-PACIFIC, 2018 - 2030
- Figure 27:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2023 VS 2030
- Figure 28:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, AUSTRALIA, 2018 - 2030
- Figure 29:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, AUSTRALIA, 2023 VS 2030
- Figure 30:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, CHINA, 2018 - 2030
- Figure 31:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, CHINA, 2023 VS 2030
- Figure 32:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, INDIA, 2018 - 2030
- Figure 33:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, INDIA, 2023 VS 2030
- Figure 34:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, INDONESIA, 2018 - 2030
- Figure 35:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, INDONESIA, 2023 VS 2030
- Figure 36:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, JAPAN, 2018 - 2030
- Figure 37:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, JAPAN, 2023 VS 2030
- Figure 38:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, MALAYSIA, 2018 - 2030
- Figure 39:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, MALAYSIA, 2023 VS 2030
- Figure 40:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, SOUTH KOREA, 2018 - 2030
- Figure 41:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, SOUTH KOREA, 2023 VS 2030
- Figure 42:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, THAILAND, 2018 - 2030
- Figure 43:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
- Figure 44:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, VIETNAM, 2018 - 2030
- Figure 45:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
- Figure 46:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 47:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 48:
- VOLUME OF WHITE CEMENT CONSUMED BY COUNTRY, TONS, EUROPE, 2018 - 2030
- Figure 49:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY COUNTRY, %, EUROPE, 2018 VS 2023 VS 2030
- Figure 50:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, FRANCE, 2018 - 2030
- Figure 51:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, FRANCE, 2023 VS 2030
- Figure 52:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, GERMANY, 2018 - 2030
- Figure 53:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, GERMANY, 2023 VS 2030
- Figure 54:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, ITALY, 2018 - 2030
- Figure 55:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, ITALY, 2023 VS 2030
- Figure 56:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, RUSSIA, 2018 - 2030
- Figure 57:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, RUSSIA, 2023 VS 2030
- Figure 58:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, SPAIN, 2018 - 2030
- Figure 59:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, SPAIN, 2023 VS 2030
- Figure 60:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, UNITED KINGDOM, 2018 - 2030
- Figure 61:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, UNITED KINGDOM, 2023 VS 2030
- Figure 62:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, REST OF EUROPE, 2018 - 2030
- Figure 63:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, REST OF EUROPE, 2023 VS 2030
- Figure 64:
- VOLUME OF WHITE CEMENT CONSUMED BY COUNTRY, TONS, MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 65:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY COUNTRY, %, MIDDLE EAST AND AFRICA, 2018 VS 2023 VS 2030
- Figure 66:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, SAUDI ARABIA, 2018 - 2030
- Figure 67:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, SAUDI ARABIA, 2023 VS 2030
- Figure 68:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 69:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 70:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, REST OF MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 71:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, REST OF MIDDLE EAST AND AFRICA, 2023 VS 2030
- Figure 72:
- VOLUME OF WHITE CEMENT CONSUMED BY COUNTRY, TONS, NORTH AMERICA, 2018 - 2030
- Figure 73:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY COUNTRY, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 74:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, CANADA, 2018 - 2030
- Figure 75:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, CANADA, 2023 VS 2030
- Figure 76:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, MEXICO, 2018 - 2030
- Figure 77:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, MEXICO, 2023 VS 2030
- Figure 78:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, UNITED STATES, 2018 - 2030
- Figure 79:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, UNITED STATES, 2023 VS 2030
- Figure 80:
- VOLUME OF WHITE CEMENT CONSUMED BY COUNTRY, TONS, SOUTH AMERICA, 2018 - 2030
- Figure 81:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2023 VS 2030
- Figure 82:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, ARGENTINA, 2018 - 2030
- Figure 83:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, ARGENTINA, 2023 VS 2030
- Figure 84:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, BRAZIL, 2018 - 2030
- Figure 85:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, BRAZIL, 2023 VS 2030
- Figure 86:
- VOLUME OF WHITE CEMENT CONSUMED, TONS, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 87:
- VOLUME SHARE OF WHITE CEMENT CONSUMED BY END USE SECTOR, %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 88:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2020 - 2023
- Figure 89:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2020 - 2023
- Figure 90:
- PRODUCTION CAPACITY SHARE OF WHITE CEMENT BY MAJOR PLAYERS, %, GLOBAL, 2022
White Cement Industry Segmentation
Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Type I, Type III are covered as segments by Sub Product. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.
- In 2022, the global white cement market held a modest share of approximately 0.58% in the larger cement market. However, the demand for white cement is set to rise, with a projected growth rate of 1.90% in 2023, driven primarily by the burgeoning needs of the residential and commercial construction sectors.
- Within the white cement market, the residential segment is the dominant player, poised to capture a significant 48.57% share in 2023. Factors such as rapid urbanization, bolstered by government initiatives and both foreign and domestic investments, are fueling the demand for housing. For instance, the Government of Indonesia (GOI) has set a target of constructing 1 million housing units by 2025, with the country's overall housing demand estimated to reach 30 million units. Similarly, the United States has plans to add approximately 11.5 million houses between 2025 and 2035. These trends indicate a surge in residential construction, leading to a projected global white cement consumption of 15.46 million tons in 2030, up from 11.92 million tons in 2023.
- While the residential sector takes the lion's share, the industrial and institutional sector is emerging as the fastest-growing consumer of white cement, with a robust CAGR of 5.02% during the forecast period. The global industrial floor area is set to expand to 9.83 billion square feet by 2026, driven by increased investments in sectors like industrial, education, and healthcare. Notably, the United States is projected to witness construction spending of USD 47.59 billion in new industrial buildings by 2026. These developments point to a significant increase in white cement consumption for the industrial and institutional sector, with a projected increase of 1.45 million tons by 2030 compared to 2023.
| End Use Sector | Commercial | ||
| Industrial and Institutional | |||
| Infrastructure | |||
| Residential | |||
| Sub Product | Type I | ||
| Type III | |||
| Other Sub Product Types | |||
| Region | Asia-Pacific | By Country | Australia |
| China | |||
| India | |||
| Indonesia | |||
| Japan | |||
| Malaysia | |||
| South Korea | |||
| Thailand | |||
| Vietnam | |||
| Rest of Asia-Pacific | |||
| Region | Europe | By Country | France |
| Germany | |||
| Italy | |||
| Russia | |||
| Spain | |||
| United Kingdom | |||
| Rest of Europe | |||
| Region | Middle East and Africa | By Country | Saudi Arabia |
| United Arab Emirates | |||
| Rest of Middle East and Africa | |||
| Region | North America | By Country | Canada |
| Mexico | |||
| United States | |||
| Region | South America | By Country | Argentina |
| Brazil | |||
| Rest of South America |
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Market Definition
- END-USE SECTOR - White cement consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
- PRODUCT/APPLICATION - Under the scope of the study, the consumption of white cement including type I and type II, among others is considered.
| Keyword | Definition |
|---|---|
| Accelerator | Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Adhesives | Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc. |
| Air Entraining Admixture | Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete. |
| Alkyd | Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride. |
| Anchors and Grouts | Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc. |
| Cementitious Fixing | Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors. |
| Commercial Construction | Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc. |
| Concrete Admixtures | Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties. |
| Concrete Protective Coatings | To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings. |
| Curing Compounds | Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability. |
| Epoxy | Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc. |
| Fiber Wrapping Systems | Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets. |
| Flooring Resins | Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic. |
| High-Range Water Reducer (Super Plasticizer) | High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete. |
| Hot Melt Adhesives | Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes. |
| Industrial and Institutional Construction | Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc. |
| Infrastructure Construction | Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc. |
| Injection Grouting | The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration. |
| Liquid-Applied Waterproofing Membranes | Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete. |
| Micro-concrete Mortars | Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc. |
| Modified Mortars | Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption. |
| Mold Release Agents | Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others. |
| Polyaspartic | Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments. |
| Polyurethane | Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc. |
| Reactive Adhesives | A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Rebar Protectors | In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction. |
| Repair and Rehabilitation Chemicals | Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures. |
| Residential Construction | Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes. |
| Resin Fixing | The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing. |
| Retarder | Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time. |
| Sealants | A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action. |
| Sheet Waterproofing Membranes | Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress. |
| Shrinkage Reducing Admixture | Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation. |
| Silicone | Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc. |
| Solvent-borne Adhesives | Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers. |
| Surface Treatment Chemicals | Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others. |
| Viscosity Modifier | Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement. |
| Water Reducer | Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others. |
| Water-borne Adhesives | Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent. |
| Waterproofing Chemicals | Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement. |
| Waterproofing Membranes | Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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