As per the fresh report, published by MRFR, on the Global Cellular Concrete Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis. The global cellular concrete market is poised to have a substantial growth at a notable 5.5% CAGR over the estimated years (2017-2023).
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Increasing investments in the development of public infrastructure by the governments of developed and developing economies are expected to catapult the cellular concrete market on upward trajectory. In addition, the increasing residential projects are further poised to favor market expansion in the forthcoming years.
The global cellular concrete market is poised to have a substantial growth at a notable 5.5% CAGR over the estimated years (2017-2023). Cellular concreate is a cement-based material that is lightweight, contains numerous gas bubbles that is distributed evenly in the volume and is produced by blending as well as maturing of a blend comprising of filler, cement, agent generating cells and water. It is largely utilized for solving various commercial and residential structural issues. A key benefit of using cellular concrete is despite being lightweight this material is much stronger compared to standard concrete. It has acquired the reputation to hold up perfectly under almost every condition. Resting on the application, cellular concrete may be selected for its cost saving substitute to fill materials, ease of handling as it is lightweight, pumpability and flowability and acoustical insulative and thermal properties.
Leading players profiled in the cellular concrete market include
• Aircrete Europe (Netherlands) LLC (U.S.)
• CellFill
• JK Lakshmi Cement Ltd (India)
• Conco (U.S.)
• Broco Industries (Indonesia)
• B. G. Shirke Construction Technology Pvt. Ltd (India)
• ACICO (Kuwait)
• Aerix Industries (U.S.)
• Cellular Concrete Technologies (U.S.)
• Laston Italiana S.P.A (Italy)
• Litebuilt (Australia)
• Cematrix (Canada)
• Cellucrete (U.S.)
• Xella Group (Germany)
• Saint Gobain (France)
April 2019- Leading manufacturer and supplier of cellular concrete products CEMETRIX Corporation has announced new US infrastructure and new Canadian contracts that increased its yearly contracted sales. Following the current acquisition of MixOnSite, the company is at present the biggest Cellular Concrete company in North America.
Market Segmentation:
On the basis of application, the global cellular concrete market has been segmented into building material, concrete pipes, roof insulation, road sub-bases, bridge abutment, and others. Among these, the building material segment is currently leading the market and is anticipated to hold its leading position over the next couple of years. Factors such as low cost, minimum time requirement for building, etc. are poised to drive market growth in the foreseeable future. The road sub-bases segment, on the other hand, is expected to register the highest CAGR across the review period.
Based on end-user, the cellular concrete market has been divided into residential and non-residential. The non-residential segment is expected to dictate the growth of the global market in the nearby future. Increasing investments in the development of public infrastructure by the governments are likely to influence the growth of the segment greatly in the upcoming years.
Regional Analysis:
North America is a crucial revenue pocket which is poised to expand at a rapid pace in the coming years. Increasing residential and non-residential construction projects in the region are prognosticated to merger as the driving factors of the regional cellular concrete market.
The cellular concrete market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, Europe will steer the market owing to growth in restructuring and remodeling of homes and also being the hub of leading concrete block manufacturers. France, Poland, Germany and the UK are the key contributors here. The cellular concrete market in the APAC region is predicted to witness the highest CAGR owing to the rapidly expanding construction activities here. Singapore, India, Japan and China are the key contributors in this region. Economic growth here has paved the way for a higher need of commercial and institutional infrastructure spaces. This in turn is bolstering market growth. Leading players worldwide are slowly shifting their production facilities for catering to the high potential markets in this region owing to the accessibility of sufficient raw material stocks and low-cost labor. China is a key contributor here. The government in China issued a couple of favorable policies. The cellular concrete market in North America is another key market. Developing non-residential and residential construction activities here is driving the market growth. In Middle East and South America and Rest of the World, the cellular concrete market is expected to have a notable growth owing to towering growth in the construction domain and changing lifestyle.
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List of Tables
Table 1 Global Cellular Concrete Market: by Region, 2017-2023
Table 2 North America Cellular Concrete Market: by Country, 2017-2023
Table 3 Europe Cellular Concrete Market: by Country, 2017-2023
Table 4 Asia Pacific Cellular Concrete Market: by Country, 2017-2023
Table 5 Row Cellular Concrete Market: by Country, 2017-2023
Table 6 Global Cellular Concrete Market, by Application, by Regions, 2017-2023
Table 7 North America Cellular Concrete Market, by Application, by Country, 2017-2023
Table 8 Europe Cellular Concrete Market, by Application, by Country, 2017-2023
Table 9 Asia Pacific Cellular Concrete Market by Application, by Country, 2017-2023
Table 10 Row Cellular Concrete Market by Application, by Country, 2017-2023
Continued……..
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Cellular Concrete Market Share, by Application, 2016 (%)
Figure 9 Global Cellular Concrete Market, by Application, 2015-2023 (Usd Million)
Figure 10 Global Cellular Concrete Market Share, by End-user, 2016 (%)
Continued…….
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