Advancing Construction Projects Drive Growth in the Global White Cement Market

LONDON, GREATER LONDON, UK, November 2, 2023 /EINPresswire.com/ -- The global white cement market, valued at $6.42 billion in 2022, is anticipated to reach $6.82 billion in 2023, with a compound annual growth rate (CAGR) of 6.3%. The market is projected to expand further, reaching $8.45 billion in 2027, at a CAGR of 5.5%.

White Cement Market Segmentation and Key Players
• Type: White Portland Cement, White Masonry Cement, White PLC Cement, Other Types
• Grade: Type I, Type III, Other Grades
• End Use: Residential, Commercial, Industrial

Key market players, including Adana Cimento Sanayi T.A.S, Cemex S.A.B De C.V, and Ultratech Cement Ltd., are actively embracing technological advancements, contributing to the sustainability and efficiency of cement production.

Get an overview of the global white cement market through the sample report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5556&type=smp

Residential Construction Projects Propel Market Expansion
The global white cement market is experiencing significant growth due to the rise in residential construction activities worldwide. According to the Global Construction 2030 report by Oxford Economics, the volume of construction output is expected to increase by approximately 85% to $15.5 trillion globally by 2030, with China, the US, and India leading this growth. White Portland cement, when combined with white aggregates, is widely used in the creation of white concrete, particularly for upscale construction projects and decorative work. In the UK alone, it is estimated that approximately 1.4 million new homes will be constructed by 2029, according to the National House Building Council (NHBC). This trend in residential construction projects is expected to continue driving the demand for white cement in the foreseeable future.

Technological Advancements Shaping the White Cement Market
Technological advancements, such as the implementation of carbon capture, utilization, and storage (CCUS) technologies, are increasingly gaining traction in the white cement market. These advancements are geared towards enhancing the efficiency and sustainability of cement production. For instance, Carbicrete, a Canada-based carbon removal technology company, is leveraging captured carbon dioxide to expedite the curing process of concrete while simultaneously strengthening and sequestering the gas. This innovative technology negates the need for calcium-based cement, a significant contributor to global CO2 emissions in traditional concrete production.

Regional Analysis and Growth Projections
Asia-Pacific emerged as the leading region in the white cement market share in 2022, with the region expected to continue its rapid growth trajectory throughout the forecast period. The comprehensive market analysis covers key regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, providing valuable insights into regional dynamics and market trends.

Gain comprehensive insights into the global white cement market with the complete report:
https://www.thebusinessresearchcompany.com/report/white-cement-global-market-report

White Cement Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The White Cement Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on white cement market size, white cement market drivers and trends, white cement market major players, competitors' revenues, market positioning, and white cement market growth across geographies. The white cement market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company?

Fiber Cement Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/fiber-cement-global-market-report

Cement And Concrete Products Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/cement-and-concrete-products-global-market-report

Green Cement Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/green-cement-global-market-report

About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company’s flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.

Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: [email protected]

Check out our:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
[email protected]
Visit us on social media:
Facebook
Twitter
LinkedIn