Cellular Concrete Market is expected to grow at a robust CAGR
Global
Cellular Concrete Market is expected to grow owing to demand for lightweight
and strong materials in the construction sector and growing demand for thermal &
acoustic insulation applications throughout the forecast period.
According
to TechSci Research report, “Cellular
Concrete Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast 2018-2028”, the Global Cellular Concrete Market is
expected to register robust growth during the forecast period. The demand for cellular concrete has
experienced significant growth in recent years, attributed to the expansion of
the construction industry. Cellular concrete is particularly well-suited for
the construction of partition walls in residential and commercial buildings.
Additionally, its low density reduces structural weight and enhances
construction efficiency. Moreover, it finds applications in backfill and
geotechnical projects within infrastructure development. Cellular concrete also
offers benefits such as fire and termite resistance, further enhancing its
usability. Furthermore, its advantageous properties including heat insulation,
thermal insulation, and freeze resistance are driving the growth of the
cellular concrete market.
Collaborating
with green building organizations, industry associations, and certification
bodies can assist manufacturers in promoting the applicability of cellular
concrete for sustainable construction projects. These partnerships can also
provide access to project opportunities that prioritize environmentally
friendly building materials.
The
retrofitting of existing buildings and structures for enhanced energy
efficiency is a rapidly expanding market. The lightweight properties and
insulation capabilities of cellular concrete make it a suitable choice for
retrofitting projects. Manufacturers can tap into this market by providing
customized cellular concrete solutions and partnering with retrofit
specialists.
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Based
on application, Building
Materials segment is expected to dominate the market during the forecast
period. The building materials segment in the global cellular concrete market
is a significant and dynamic sector with unique characteristics and drivers.
Cellular concrete, also known as aerated concrete or foam concrete, plays a
crucial role in modern construction due to its lightweight and insulating
properties. The building materials segment represents a substantial portion of
the global cellular concrete market, finding applications in various building
components such as walls, roofs, floors, and foundations. In residential
construction, cellular concrete is increasingly used for its excellent thermal
insulation properties, contributing to enhanced energy efficiency and indoor
comfort in exterior walls, roof insulation, and floor systems. Similarly, in
commercial construction, cellular concrete is widely employed for wall panels,
insulation boards, and roof systems. Sustainability is a key driver in the
building materials segment, and cellular concrete, with its potential for
utilizing recycled materials and energy-saving properties, is well-suited to
meet the sustainability requirements of green building certifications like LEED
and BREEAM. Furthermore, the implementation of stricter energy efficiency
regulations by governments and regulatory bodies emphasizes the use of
materials that contribute to reduced energy consumption in buildings. Continuous
advancements in cellular concrete technology are driving improvements in
material performance within the building segment. Enhanced formulations,
additives, and manufacturing processes are shaping the future of cellular
concrete, providing even more efficient solutions for the construction
industry.
Based
on end-user, Infrastructure segment is projected to dominate the market
throughout the forecast period. The growth of this segment is closely linked to
the increasing focus on infrastructure development, urbanization, and the need
for cost-effective and sustainable construction materials. The lightweight
nature of cellular concrete reduces settlement and minimizes the risk of road
damage in regions with challenging soil conditions. This is especially valuable
in regions prone to seismic activity or where the construction of traditional,
heavy materials might be problematic. Cellular concrete is used for tunnel
backfilling, tunnel lining, and insulation in underground infrastructure
projects. The lightweight nature of cellular concrete reduces the load on
pipelines and supports the stability of underground pipelines. Infrastructure
owners are recognizing the value of cellular concrete in extending the life of
critical assets. Infrastructure developers can use cellular concrete to reduce
the environmental impact of projects and meet green building certifications.
Continuous advancements in cellular concrete technology are enhancing the
performance of materials used in infrastructure applications. These include
improved formulations, additives, and manufacturing processes. In conclusion,
the infrastructure segment within the global cellular concrete market is driven
by factors such as road construction, bridge construction, tunneling, pipeline
insulation, infrastructure rehabilitation, sustainability trends, energy
efficiency goals, and technological advancements. Cellular concrete offers
cost-effective and sustainable solutions for infrastructure development, making
it a vital component of modern infrastructure projects.
Key
market players in the Global Cellular Concrete Market are:-
- Cellucrete
Corp.
- Contech
Engineered Solutions LLC
- Hanson
Australia Pty Ltd
- Laston
Italiana spa
- Thomas
Armstrong (Holdings) Ltd
- Xella
Group
- Contract Applicators Inc.
- Hennigan Engineering Co., Inc.
- Base Construction, Inc.
- Marshall Industrial Technologies
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“The
Cellular Concrete Market in Asia Pacific is poised to be the dominant force in
the industry. Countries such as China, India, Japan, and South Korea are
currently experiencing extensive infrastructure development. This development
necessitates the use of versatile and high-performance construction materials
like cellular concrete. The Asia-Pacific region offers substantial
opportunities for the cellular concrete market, driven by factors such as urbanization,
infrastructure investment, sustainability initiatives, technological
advancements, retrofitting projects, regulatory support, and local production
capabilities.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research-based global management consulting firm.
“Cellular
Concrete Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast Segmented By Application (Building Materials, Road Construction, Void
Filling, Bridge Abutment), By Density (High, Medium, Low), By End-user
(Residential, Commercial, Infrastructure), By Region, By Competition Forecast
& Opportunities, 2018-2028,” has
evaluated the future growth potential of Global Cellular Concrete Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Cellular Concrete Market.
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