Market Size of UK White Cement Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.41 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
United Kingdom White Cement Market Analysis
The UK White Cement Market size is expected to grow from 798.55 kilotons in 2023 to 990.86 kilotons by 2028, at a CAGR of 4.41% during the forecast period (2023-2028).
The COVID-19 pandemic caused lockdowns nationwide, messed up manufacturing and supply chains, and stopped all construction in the short-term. But in 2021, things started to improve, and the market continued to grow for the rest of the projection period.
- The rising construction sector in the United Kingdom and the substitution of grey cement due to white cement's superior properties will drive the market in the long run.
- However, the high production cost will likely restrain the market over the forecast period.
- An increased emphasis on innovation and artistic and aesthetic senses in the building is expected to certainly present an opportunity during the forecast period.
- Due to increased demand for white cement from commercial, industrial, and infrastructure applications, the non-residential segment accounts for the major share by application.