The new report by Expert Market Research titled, ‘Europe White Cement Market Report and Forecast 2022-2027’, gives an in-depth analysis of the Europe white cement, assessing the market based on its segments like types, applications, and major countries. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Historical Market Size (2021): USD 1.84 Billion
- Forecast CAGR (2022-2027): 3.40%
- Forecast Market Size (2027): USD 2.24 Billion
The increasing demand for efficient white cement is driving the market for white cement in Europe. The growing awareness about the properties of white cement, such as moisture and heat resistance, are leading to the expanding use of white cement in the European region. In addition, the rising inclination of people towards the use of white cement in architectural purposes and decorative items is also augmenting the market growth. The growing construction activities and the infrastructural developments as a part of government initiatives are further fuelling the market growth. Moreover, the increasing consumption of white cement for the wood-wool cement boards in the northern part of Europe is resulting in the development of the market. Also, the product diversity and flexibility are providing a thrust to the market.
Industry Definition and Major Segments
The white cement is a hydraulic binder that is very similar to the grey cement used in construction activities except for its white colour. Metal oxides, iron, and manganese results in the white colour. It is used largely in construction activities and architectural purposes owing to its superior quality and fine texture.
The white cement industry, by type, is divided into:
- White Portland Cement
- White Masonry Cement
- Others
Based on application, the market is segmented into:
- Industrial
- Commercial
- Residential
The regional markets for white cement include Germany, France, United Kingdom, Italy, and Denmark, among others.
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Market Trends
The rising eco-consciousness is prompting many companies to adopt sustainable methods for the production of white cement, which in turn, is bolstering the market. For instance, the Aalborg plant in Denmark contributes to a circular economy by reusing the waste heat obtained during the production of white cement and utilising it in heating households, thus reducing the emissions of greenhouse gases. Such initiatives are resulting in the incremental growth of the white cement market. To escalate their market potential, the companies launch optimum performance products, such as GORKHAL 70 by GorkhaCement of Poland, which has high alumina content, short setting time and is chemically pure. Such better-quality white cement products by the companies in the region are expected to propel the market in the coming years. Moreover, the investments in research and development activities to upgrade the qualities of white cement are anticipated to augment the industry growth in the forecast period.
Key Market Players
The major players in the market are Cementir Holding N.V., Heidelberg Cement AG, CEMEX, S.A.B. de C.V., Dyckerhoff GmbH, Çimsa Çimento Sanayi ve Ticaret A.Ş., and Aalborg Portland Holding A/S, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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