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Europe White Cement Market to Grow at a CAGR of 3.40% During 2022-2027, Aided by the Increasing Construction Activities

According to a new report by EMR titled, ‘Europe White Cement Market Report and Forecast 2022-2027’, the market attained a value of about USD 1.84 billion in 2021. The industry is further expected to grow at a CAGR of 3.40% in the forecast period of 2022-2027 to reach USD 2.24 billion by 2027.

The Europe white cement industry is being driven by the rising infrastructure development activities in the region. In addition, the rising adoption of white cement owing to its exceptional characteristics, such as low chromate content, high sulphate resistance, rapid hardening, and high compressive strength, among others, which helps enhance the aesthetic appearance and the overall quality of the building, is expected to drive the product demand. Also, the growing importance of road safety is leading to the utilisation of white cement in road markings due to its light-reflecting properties. This trend is further being spearheaded by the growing investments by the government in the rapid development of the road network in the region. Furthermore, diversified products and packaging, along with customer-oriented services offered by key industry players, are also expected to contribute to the growth of the market. Moreover, the extensive use of white cement in the roofing of buildings, owing to its improved energy conservation properties, as the reflective surface causes less heating, is expected to bolster the market growth. Additionally, the rapid technological advancements such as the use of robot technology to monitor production and quality management are expected to augment the market in the forecast period.

The leading companies are increasingly investing  to enhance their product portfolio and expand their consumer base. For instance, in November 2020, the subsidiary of HeidelbergCement AG (OTCMKTS: HDELY), Ciments Calcia invested around 400 million Euros for the reorganisation of several of its cement manufacturing sites in France. This investment is aimed towards modernising the plants in France following the Paris agreement. It is also a part of the Heidelberg Group’s goal to create a sustainable low carbon and high-performance business. Furthermore, in March 2019, CEMEX S.A.B. de C.V. (NYSE: CX) announced its decision to sign an agreement with Çimsa Çimento Sanayi Ve Ticaret A.S to divest its white cement business including Buñol plant in Spain. With this deal Çimsa aims to become the world's largest white cement business. Also, the company intends to increase its white cement production capacity by 40%. These developments are expected to invigorate the Europe white cement industry in the forecast period.

Market Analysis by Type, Application, and Region:

  • The Europe white cement industry, on the basis of type, is segmented into white portland cement, and white masonry cement, among others.
  • Based on application, the market is divided into residential, commercial, and industrial, among others.
  • The regional markets for white cement in Europe include Germany, France, the United Kingdom, Italy, and Denmark.

Key Findings of the Report:

  • The European market for white cement is being driven by the growing use of white cement in infrastructure development activities.
  • The growing investments in the development and expansion of the road network are anticipated to contribute to the market growth.
  • The wide use of white cement in roofing applications to lessen surface heating, thereby reducing energy consumption, is further augmenting the market growth.
  • The rapid technological advancements in the manufacturing of white cement by the key industry players are expected to propel the market growth in the forecast period.

Key Offerings of the Report:

  • The EMR report gives an overview of the Europe market for white cement for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for types, applications, and major regions of white cement. 
  • The market report also analyses the trade data by covering the major importing and exporting countries.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the Europe white cement market are Cementir Holding N.V., HeidelbergCement AG, CEMEX, S.A.B. de C.V., Dyckerhoff GmbH, Çimsa Çimento Sanayi ve Ticaret A.S., and Aalborg Portland Holding A/S, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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