백색 시멘트 시장 보고서 : 유형별, 용도별, 지역별(2024-2032년)

The global white cement market size reached US$ 5,814.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 8,291.6 Million by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032. The rapid urbanization and infrastructure development, increasing product demand for decorative and premium quality applications, rising adoption of sustainable construction practices, and the technological advancements in the manufacturing processes are some of the major factors propelling the market.

White cement refers to a refined variant of ordinary Portland cement. It is produced by eliminating iron and magnesium during the manufacturing process, resulting in a distinctive white coloration. It comprises several ingredients, including limestone, kaolin, and gypsum. White cement is widely used in decorative designs, precast structural units, architectural concrete, wall putty, grouts, ceramic tile adhesives, mosaic tiles, terrazzo, exterior facades, swimming pools, and aesthetic concrete repairs. It improves visual appeal, enhances reflectivity, and provides a superior finish and texture. White cement also offers a better visual assessment of concrete cracks, reduces the heat-island effect in urban areas, and allows for expansive color options.

The rapid technological advancements in manufacturing processes, such as the introduction of energy-efficient production methods and optimization strategies resulting in superior product quality and more cost-effective production, are propelling the market growth. Furthermore, the widespread product availability in different types, such as white masonry cement and white Portland cement, which offers a wider array of choices for various construction needs, is acting as another growth-inducing factor. Moreover, the significant growth in the residential and commercial spaces owing to rising per capita income is further bolstering the market growth. Additionally, the growing interest in innovative construction designs, such as off-white and colored concrete, which largely use white cement as their base, is strengthening the market growth. Other factors, including increasing demand for green buildings, the implementation of supportive government policies, and rising investment in developing advanced products, are anticipated to drive the market growth.

White Cement Market Trends/Drivers:

The rapid urbanization and infrastructure development

Rapid urbanization is a major driver for the white cement market due to increasing infrastructure development in both developed and developing countries. In line with this, the expansion of urban areas leads to the construction of new residential, commercial, and public infrastructure, such as roads, bridges, buildings, hospitals, schools, malls, railway stations, airports, and other public spaces. White cement is extensively used in these structures due to its superior aesthetic appeal, strength, and durability. It is employed in aesthetic and decorative concrete, ornamental designs, and precast concrete units to enhance the visual appeal of the urban landscape. Furthermore, infrastructure refurbishment projects in mature and well-developed regions also demand white cement for repair and renovation purposes. As more people are shifting to urban settings, the prospects for sustained infrastructure development and consequent demand for white cement remain strong.

The increasing product demand for decorative and premium quality applications

The rising demand for decorative and premium quality applications is a significant factor driving the white cement market. Consumer preferences are shifting towards aesthetically pleasing interiors and exteriors in residential and commercial spaces. White cement is extensively used in creating decorative tiles, designer flooring, terrazzo, and mosaics, due to its color and quality consistency. In addition, it is compatible with color pigments, which allow users to select a wide range of color options, further expanding its use in decorative applications. Besides this, the increasing number of high-end real estate projects, luxury hotels, and commercial spaces that prefer white cement for a premium look and high-quality finish is boosting the market growth. Moreover, the improving living standards and increasing focus on interior and exterior aesthetics is anticipated to drive the market growth for decorative and premium applications.

The rising adoption of sustainable construction practices

The growing focus on sustainable construction practices due to escalating environmental concerns is boosting the demand for sustainable materials, such as white cement. Its high reflectivity aids in reducing the heat island effect in urban areas, as it reflects more sunlight and absorbs less heat than darker materials. This can contribute to energy savings in buildings, as less cooling is required. Additionally, the visibility of cracks in white cement structures allows early detection of potential structural issues, facilitating timely repairs and increasing building longevity. Furthermore, white cement's low iron content makes it more resistant to sulfate attack, enhancing the durability of structures and reducing the need for replacements. As a result, the ongoing global shift towards sustainability will continue to favor materials, such as white cement, that contribute to energy efficiency and durability in construction.

White Cement Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global white cement market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type and application.

Breakup by Type:

White Portland Cement

White Masonry Cement

Others

White Portland cement dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes white Portland cement, white masonry cement, and others. According to the report, white Portland cement represented the largest market segment.

White Portland cement is dominating the market due to its excellent attributes that fit a variety of applications. It boasts superior strength and durability, making it a preferred choice for construction projects demanding high-strength concrete. Furthermore, its ability to retain bright, consistent white color even when mixed with other elements has allowed designers to use it extensively in architectural and decorative applications, thus driving the market growth. In addition, it is a highly versatile product that is used in the production of precast concrete, mortars, and grouts, which is enhancing its popularity. Additionally, environmental regulations pushing for lower carbon dioxide (CO2) emissions have favored White Portland cement due to its lesser clinker content compared to traditional gray cement. Moreover, the increasing investment in infrastructure and urban development is acting as another growth-inducing factor.

Breakup by Application:

Residential

Commercial

Infrastructure

Residential dominates the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes residential, commercial, and infrastructure. According to the report, residential represented the largest market segment.

Residential application is dominating the due to a surge in residential construction globally, owing to rapid urbanization activities. This has increased the demand for white cement, which is widely used in the construction of houses for its aesthetic appeal and durability. Furthermore, the widespread product utilization in building more energy-efficient homes, as it reflects heat more effectively than traditional gray cement, leading to cooler interior spaces, is positively influencing the market growth. Additionally, white cement is extensively used in residential applications for creating decorative finishes, tiles, and precast elements, enhancing the overall architectural design. As a result, the versatility and high performance of white cement, coupled with its superior aesthetic appeal, make it an ideal choice for residential construction.

Breakup by Region:

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

North America

United States

Canada

Latin America

Brazil

Mexico

Others

Middle East & Africa

Asia Pacific exhibits a clear dominance in the market, accounting for the largest white cement market share

The report has also provided a comprehensive analysis of all the major regional markets, which includes Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); North America (the United States and Canada); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represented the largest market segment.

Asia Pacific is dominating the white cement market due to a combination of factors. The region is undergoing rapid urbanization and industrialization, leading to substantial growth in construction and infrastructure projects. Additionally, the regional countries have a large and growing middle class that demands more aesthetically pleasing buildings and homes, and white cement fits the demand perfectly owing to its superior aesthetic appeal compared to traditional grey cement. Moreover, Asia Pacific also houses several leading white cement manufacturers, which contributes to the readily available supply and competitive pricing. Apart from this, the regional governments are investing heavily in infrastructure development, which is further propelling the demand for white cement.

Competitive Landscape:

The leading companies are investing in capacity expansion and technological upgrades in their production facilities to increase production output and meet the growing demand for white cement. Furthermore, several key players are also exploring mergers and acquisitions to increase their market share, access new markets, and diversify their product portfolios. Additionally, the increasing emphasis on research and development (R&D) efforts to introduce better-quality products and create more durable, weather-resistant, and environmentally friendly versions is positively influencing the market growth. Moreover, top companies are forming strategic partnerships with other stakeholders to leverage each other's strengths, capabilities, and networks. Apart from this, the increasing global focus on sustainability has prompted companies to adopt more environmentally friendly practices in their operations, including efforts to reduce carbon emissions and waste.

The report has provided a comprehensive analysis of the competitive landscape in the global white cement market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Cementir Holding N.V.

Aditya Birla (UltraTech Cement Limited)

JK Cement Ltd

CEMEX

Sotacib

Ras Al Khaimah Cement Company

Federal White Cement

Saveh Cement Company

Recent Developments:

In Aug 2021, Cementir Holding N.V. announced that it will develop new and more sustainable white cement products.

In Jan 2022, Aditya Birla (UltraTech Cement Limited) announced its plans to expand the production capacity of its white cement brand Birla White.

In June 2021, SOTACIB's parent company Cementos Molins has completed the acquisition of a white cement terminal in the Port of Alicante from Cimsa in order to bolster its export capacity.

Key Questions Answered in This Report

• 1. What was the global white cement market size in 2023?
• 2. What will be the global white cement market outlook during the forecast period 2024-2032?
• 3. What are the major global white cement market drivers?
• 4. What are the major trends in the global white cement market?
• 5. What is the impact of COVID-19 on the global white cement market?
• 6. What is the global white cement market breakup by type?
• 7. What is the global white cement market breakup by application?
• 8. What are the major regions in the global white cement market?
• 9. Who are the leading white cement manufacturers?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Cement Industry

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Market Breakup by Region
• 5.4 Market Breakup by Application
• 5.5 Market Forecast

6 Global White Cement Industry

• 6.1 Market Overview
• 6.2 Market Performance
  • 6.2.1 Volume Trends
  • 6.2.2 Value Trends
• 6.3 Impact of COVID-19
• 6.4 Price Analysis
  • 6.4.1 Key Price Indicators
  • 6.4.2 Price Structure
  • 6.4.3 Price Trends
• 6.5 Market Breakup by Region
• 6.6 Market Breakup by Application
• 6.7 Market Breakup by Type
• 6.8 Market Forecast
• 6.9 SWOT Analysis
  • 6.9.1 Overview
  • 6.9.2 Strengths
  • 6.9.3 Weaknesses
  • 6.9.4 Opportunities
  • 6.9.5 Threats
• 6.10 Value Chain Analysis
  • 6.10.1 Raw Material Procurement
  • 6.10.2 Manufacturing
  • 6.10.3 Marketing
  • 6.10.4 Distribution
  • 6.10.5 End-Use
• 6.11 Porter's Five Forces Analysis
  • 6.11.1 Overview
  • 6.11.2 Bargaining Power of Buyers
  • 6.11.3 Bargaining Power of Suppliers
  • 6.11.4 Degree of Competition
  • 6.11.5 Threat of New Entrants
  • 6.11.6 Threat of Substitutes
• 6.12 Key Market Drivers and Success Factors

7 White Cement Market: Performance of Key Regions

• 7.1 Asia-Pacific
  • 7.1.1 China
    • 7.1.1.1 Market Trends
    • 7.1.1.2 Market Forecast
  • 7.1.2 Japan
    • 7.1.2.1 Market Trends
    • 7.1.2.2 Market Forecast
  • 7.1.3 India
    • 7.1.3.1 Market Trends
    • 7.1.3.2 Market Forecast
  • 7.1.4 South Korea
    • 7.1.4.1 Market Trends
    • 7.1.4.2 Market Forecast
  • 7.1.5 Australia
    • 7.1.5.1 Market Trends
    • 7.1.5.2 Market Forecast
  • 7.1.6 Indonesia
    • 7.1.6.1 Market Trends
    • 7.1.6.2 Market Forecast
  • 7.1.7 Others
    • 7.1.7.1 Market Trends
    • 7.1.7.2 Market Forecast
• 7.2 Europe
  • 7.2.1 Germany
    • 7.2.1.1 Market Trends
    • 7.2.1.2 Market Forecast
  • 7.2.2 France
    • 7.2.2.1 Market Trends
    • 7.2.2.2 Market Forecast
  • 7.2.3 United Kingdom
    • 7.2.3.1 Market Trends
    • 7.2.3.2 Market Forecast
  • 7.2.4 Italy
    • 7.2.4.1 Market Trends
    • 7.2.4.2 Market Forecast
  • 7.2.5 Spain
    • 7.2.5.1 Market Trends
    • 7.2.5.2 Market Forecast
  • 7.2.6 Russia
    • 7.2.6.1 Market Trends
    • 7.2.6.2 Market Forecast
  • 7.2.7 Others
    • 7.2.7.1 Market Trends
    • 7.2.7.2 Market Forecast
• 7.3 North America
  • 7.3.1 United States
    • 7.3.1.1 Market Trends
    • 7.3.1.2 Market Forecast
  • 7.3.2 Canada
    • 7.3.2.1 Market Trends
    • 7.3.2.2 Market Forecast
• 7.4 Latin America
  • 7.4.1 Brazil
    • 7.4.1.1 Market Trends
    • 7.4.1.2 Market Forecast
  • 7.4.2 Mexico
    • 7.4.2.1 Market Trends
    • 7.4.2.2 Market Forecast
  • 7.4.3 Others
    • 7.4.3.1 Market Trends
    • 7.4.3.2 Market Forecast
• 7.5 Middle East & Africa
  • 7.5.1 Market Trends
  • 7.5.2 Market Breakup by Country
  • 7.5.3 Market Forecast

8 White Cement Market by Application

• 8.1 Residential
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Commercial
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Infrastructure
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast

9 White Cement Market by Type

• 9.1 White Portland Cement
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 White Masonry Cement
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Others
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast

10 Competitive Landscape

• 10.1 Market Structure
• 10.2 Market Breakup by Key Players

11 White Cement Manufacturing Process

• 11.1 Product Overview
• 11.2 Detailed Process Flow
• 11.3 Various Types of Unit Operations Involved
• 11.4 Mass Balance and Raw Material Requirements

12 Project Details, Requirements and Costs Involved

• 12.1 Land Requirements and Expenditures
• 12.2 Construction Requirements and Expenditures
• 12.3 Plant Machinery
• 12.4 Machinery Picture
• 12.5 Raw Material Requirements and Expenditures
• 12.6 Raw Material and Final Product Picture
• 12.7 Packaging Requirements and Expenditures
• 12.8 Transportation Requirements and Expenditures
• 12.9 Utility Requirements and Expenditures
• 12.10 Manpower Requirements and Expenditures
• 12.11 Other Capital Investments

13 Loans and Financial Assistance

14 Project Economics

• 14.1 Capital Cost of the Project
• 14.2 Techno-Economic Parameters
• 14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
• 14.4 Taxation and Depreciation
• 14.5 Income Projections
• 14.6 Expenditure Projections
• 14.7 Financial Analysis
• 14.8 Profit Analysis

15 Key Player Profiles

• 15.1 Cementir Holding N.V.
• 15.2 Aditya Birla (UltraTech Cement Limited)
• 15.3 JK Cement Ltd
• 15.4 CEMEX
• 15.5 Sotacib
• 15.6 Ras Al Khaimah Cement Company
• 15.7 Federal White Cement
• 15.8 Saveh Cement Company