White Cement Market size was over USD 8.98 billion in 2023 and is poised to cross USD 15.72 billion by 2036, witnessing more than 4.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of white cement is evaluated at USD 9.3 billion. The growth of the market can be attributed to the increasing number of infrastructural activities across the world, and rising demand for aesthetics in the construction industry. Along with these, growing requirements for spaces from healthcare and educational sectors has led to the surge in construction of these buildings, which is expected to drive market growth in the upcoming years. Furthermore, technological advancements in mixtures and surface treatments of white cement creating new applications for white cement, is also projected to offer lucrative opportunities to the market in the near future. In addition, rapid population growth and changing lifestyles are predicted to lead the expansion of the market. According to the World Bank, the total population of the world in 2020 was 7.753 billion, up from 7.673 billion in the previous year. The world population has only witnessed a hike since 1960.
Author Credits: Rajrani Baghel
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