Cellular Concrete Market By Density (High, Medium, Low), By Type (Aerated Concrete, Foam Concrete), By Application (Building Construction, Infrastructure): Global Opportunity Analysis and Industry Forecast, 2021-2031
The cellular concrete market size was valued at cellular concrete market size was valued at $27,240.8 million in 2021, and is projected to reach $48,225.5 million by 2031, registering a CAGR of 5.7% from 2022 to 2031. Cellular concrete is a construction material produced using a mixture of water, limestone, silica sand and cement, and an expanding agent. Cellular concrete has physical properties that combine insulation, resistance and low to moderate compressive strength. Cellular concrete typically has a density ranging between 300 kg/cubic meter to 1800 kg/cubic meter.
Cellular concrete can typically be used in various building components such as walls, floor and roof. In addition, cellular concrete can also be used as a backfilling material in infrastructure projects. The low density of cellular concrete reduced the total dead weight of the structure, thereby, reducing its construction cost and improving overall efficiency of a project.
The rise in the number of building complexes in developed, and developing nations, and increase in demand for public infrastructure, fueled by increasing urbanization, is largely responsible for growth of cellular concrete market. Furthermore, increasing environmental awareness has reduced the use of tradition clay bricks in building construction, thereby, positively influencing the cellular concrete market. However, low compressive strength as compared to conventional concrete, and fluctuating prices of raw materials used for manufacturing cellular concrete is a major factor restraining the growth of the market.
In addition, advancements in technology that have increased efficiency of cellular concrete manufacturing facilities. Furthermore, rise in number of affordable housing projects, provides lucrative opportunities for the growth of the market.
The cellular concrete market is segmented on the basis of density, type, application, and region. On the basis of density the market is bifurcated into high, medium and low. On the basis of type, aerated concrete and foam concrete. On the basis of application, it is bifurcated into building construction and infrastructure. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market offer a wide range of cellular concrete products in various sizes to strengthen their market presence and sustain the stiff competition in the market.
Competition Analysis
Key companies profiled in the cellular concrete market report include Acico, AERCON AAC, Aerix Industries, Aircrete Europe, Bauroc, Cellular Concrete Inc., Cematrix, Litebuilt, Inc., SOLBET, and Xella GroupAcico, AERCON AAC, Aerix Industries, Aircrete Europe, Bauroc, Cellular Concrete Inc., Cematrix, Litebuilt, Inc., SOLBET, and Xella Group .
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cellular concrete market analysis from 2021 to 2031 to identify the prevailing cellular concrete market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cellular concrete market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cellular concrete market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Density
High
Medium
Low
By Type
Aerated Concrete
Foam Concrete
By Application
Building Construction
Infrastructure
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
ACICO Group
AERCON AAC
Aerix Industries
aircrete europe
BAUROC AS
Cellular Concrete Inc.
Cematrix
PAN PACIFIC MANAGEMENT RESOURCES PTY LTD
SOLBET Spka z o.o.
Xella Group
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