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White Cement Market is Expected to Grow at a Robust CAGR by 2025

Author : Rahul Varpe | Published Date : 2019-10-18 

White Cement Market research report added by Global Market Insights delivers a comprehensive analysis on the newest market drivers. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the competitive spectrum and growth trends embraced by leading manufacturers in the business.

The global white cement market will be augmented by the developments in the construction industries in emerging economies. Countries like China, India, Brazil, Indonesia, Thailand, etc. are experiencing fast growths in their respective construction sectors. Economic developments, population rise, increase in income levels & employments, and rapid urbanization have boosted the housing demand in these emerging countries. This has led to the proliferation of their respective civil construction industries over the last decade.

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Residential, commercial and infrastructural sectors are the key application segments in the white cement market. Among these, residential construction will account for a substantial share of the industry in the forecast period owing to the increasing personal housing demand in Asia Pacific, Latin America, and Middle East. Infrastructural segment will also hold a significant share and will gain by a fast rate owing to the rapid growth in infrastructural projects across the globe. Commercial segment market growth will be propelled by the rising construction projects for hotels, retail shopping centers, offices, manufacturing plants, and warehouses.

North America and Asia Pacific will be key regional white cement markets. The highly mature nature of the North American construction industry will be an important driving factor for the global market. Additionally, the product demand in North America will be positively influenced by building renovation and restoration activities in the region. Middle East will also be a key market characterized by a fast growth rate owing to the swift rise in residential and commercial construction activities in Saudi Arabia, UAE and other Middle Eastern countries.

White Cement Market, by Application:

  • Residential
  • Commercial
  • Infrastructural

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However, the white cement market growth may be hampered by the higher cost of white cement when compared to its common counterparts. This can be attributed to the higher energy costs required while manufacturing the product. The use of substitutes such as plastic materials for building activities may also hamper the market development in the forecast period.

Company Profiles in white cement markets:

  • Cementir Holding
  • Aditya Birla Group
  • JK Cement
  • Cemex
  • Çimsa Çimento
  • Ras Al Khaimah Co.
  • Federal White Cement
  • Saveh White Cement Co.
  • Cementos Portland Valderrivas

Related News: https://marketnewsforecast.blogspot.com/2019/10/compressed-air-treatment-equipment.html

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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