Global Cellular Concrete Market Size By Application Type (Building Material, Road Sub-Bases), By End Users (Residential Buildings, Commercial Buildings), By Geographic Scope And Forecast
Published on: 2024-08-15 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Cellular Concrete Market Size By Application Type (Building Material, Road Sub-Bases), By End Users (Residential Buildings, Commercial Buildings), By Geographic Scope And Forecast
Cellular Concrete Market Size And Forecast
Cellular Concrete Market size was valued at USD 2.24 Billion in 2021 and is expected to reach USD 3.76 Billion in 2030, growing at a CAGR of 6.64% From 2023 to 2030.
Increasing demand for new constructions worldwide and the growing concern for eco-friendly and sustainable buildings are the factors driving the Cellular Concrete Market growth. The global Cellular Concrete Market report provides a detailed evaluation of the market. The report offers a comprehensive analysis of key trends, segments, restraints, drivers, competitive landscape, and factors that are playing a substantial role in the market.
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Global Cellular Concrete Market Definition
Cellular concrete is a lightweight white material used for construction. It is a mixture of water, limestone, silica sand, and cement, to which an expanding mechanism is included in the final stage of incorporation. This response with the mix generates air bubbles inside the dough. By developing the air or gas cells, foam and gas concrete exist. Gas concrete is shown mainly in the shape of pre-cast blocks.
Cellular concrete has various densities from 250 kg/m³ to 1600 kg/m³. CFC is more complicated than conventional insulation materials, mainly when chemical and fire resistance is needed. The experts of CFC International LLC created and patented a fundamentally new approach to the practice and application of aerated concrete in construction. A dry mix of cellular gas concrete was made – Cellular Fibro Concrete. It has improved, and it’s used worldwide.
It is also known as bubble concrete, made in concrete blocks or panels. It is easy to use material with less complexity in low density and is lightweight, increasing installation speed. The material density depends on its resistance, the higher its thickness, the higher it can build multi-level housing. It helps prevent heat entry into a building in a hot climate.
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Global Cellular Concrete Market Overview
The market’s primary factor is the increased demand for rugged and lightweight construction materials. Similarly, developing cost-effective, eco-friendly products have also favored the global cellular concrete demand. It is because of the eco-friendly environment of the production process of cellular concrete. The fly-ash procedure applies, a waste material received from coal-based thermal plants at a lower cost, raw materials needed for traditional concrete that consumes a large quantity of coal to make clinkers.
Cellular concrete shows an extensive range of usage and provides multiple advantages in each application. It is used because of its higher thermal and acoustic insulation properties, compatibility with pumping processes, superior flow characteristics, and ease of handling because of its lightweight nature. It can also be an economical option to fill materials used in the building and construction sectors. There have been a rising number of applications in roof decks, floor decks, and geotechnical applications, such as annular space-filling in slip lining and void fill abandonment.
However, there are concerns about the quality of specific raw materials used in cellular concrete manufacturing. Foam liquid concentrates in these processes could range from poor to very high, directly affecting product quality. Also, cellular concrete experiences hydraulic shrinkage and creep regular concrete on the higher presence of the cement paste. However, autoclave-based curing could help mitigate the strains caused to cellular concrete.
Global Cellular Concrete Market Segmentation Analysis
The Global Cellular Concrete Market is Segmented on the Basis of Application Type, End Users, And Geography.
Cellular Concrete Market, By Application Type
- Building Material
- Road Sub-Bases
- Concrete Pipes
- Void Filling
- Roof Insulation
- Bridge Abutment
- Others
Based on Application Type, The market is segmented into Building Material, Road Sub-Bases, Concrete Pipes, Void Filling, Roof Insulation, Bridge Abutment, And Others. The building material holds a large number of shares in the market because of the demand for lightweight building materials, which increases the market growth of the Cellular Concrete Market globally.
Cellular Concrete Market, By End Users
- Residential Buildings
- Commercial Buildings
- Infrastructure
- Others
Based on End Users, The market is segmented into Residential Buildings, Commercial Buildings, Infrastructure, And Others. The infrastructure segment holds a large number of shares in the market because of its advantages like easy filling, cost-effectiveness, time-consuming, and others. This absorbing kinetic energy is helpful in road construction. The excellent defrost resistance and low material density provide stable, durable solutions for several unfractured applications, increasing the Cellular Concrete Market globally.
Cellular Concrete Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, The Global Cellular Concrete Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific region holds a large number of shares in the market because increasing infrastructure activities and increasing investments in countries like China increase the demand for the Cellular Concrete Market. The presence of a large number of companies in the Asia Pacific region further drives the growth of the market.
Key Players
The “Global Cellular Concrete Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Contract Applicators Inc., Hennigan Engineering Co., Inc., Base Construction, Inc., Marshall Industrial Technologies, Four Square Industrial Constructors, CRM Construction, Inc., Turner Group Construction, Blakeland, LLC, First Davis Corp., and Acadiane’ Renovations and Ltd.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- On March 2020, Abumet Nigeria Limited, a Julius Berger Nigeria Plc subsidiary, began a cutting-edge IGU production line in Abuja, Nigeria. The company’s position in the Middle East and Africa has grown with this new location.
- On January 2021, Lafarge Holcim got into a deal to acquire Firestone Building Products from Bridgestone Americas.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Contract Applicators Inc., Hennigan Engineering Co., Inc., Base Construction, Inc., Marshall Industrial Technologies, Four Square Industrial Constructors, CRM Construction, Inc. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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