Cellular Concrete Market - Forecast(2024 - 2030)
Cellular Concrete Market Overview
Cellular Concrete Market size is expected to be valued at $633.8 million by the end of 2026 after growing at a CAGR of 5.8% during the forecast period from 2021-2026. Increasing need for restoration and renovating activities has led to increase in demand for cellular concrete. Further, growing investments in construction sector especially in developing nations is fueling the demand of cellular concrete. Cellular concrete provides many advantages such as lightweight, fire resistant and termite free properties. Apart from the many advantages provided by cellular concrete, it is also environmentally friendly and very cost efficient.?
Amid the Covid-19 crisis, the cellular concrete market has gradually. Covid-19 has disrupted the supply chain activities and has led to the overstocking of products, which is not been able to sold out due to the pandemic, which has affected the cellular concrete market and its growth in a huge way. However, the situation is expected to improve by the end of the year 2021.
?? ???????????????? ???????????? ???????????? @ https://bitly.ws/3eaFg
Cellular Concrete Marke Report Coverage
The report: “Cellular Concrete Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Cellular Concrete Industry.?
By Density: High Density, Medium Density, and Low Density.
By Application: Flooring, Roofing, Backfill, and Others.
By End-Use Industry: Residential Construction. Commercial Construction, Industrial Construction, Infrastructure, and Others.
By Geography: North America, South America, Europe, Asia-Pacific, and Rest of the world.
Key Takeaways
?????????????? ???????????? ???????????? @ https://bitly.ws/3eaFv
Cellular Concrete Market Segment Analysis - By Density
The high density cellular concrete segment is expected to lead the global cellular market in 2020. High density cellular concrete is mostly used in main activities such as construction of load bearing walls, ceilings of low raise structures, formation of partitioning of walls and production of pre-cast blocks for load-bearing brickwork. High density material is also considered as high and structural grade material. This has made the high-density cellular concrete the most sought out product in the market
Application- Segment Analysis
Owing to the shrinkage trait of cellular concrete, it is best and most used in backfills. It is mostly preferred for filling of voids and cracks. Cellular concrete is used for producing strong cast molds and for void filling and back filling. Cellular concrete creates a void in the substance which helps in facilitating the process of curing and helps in strengthening the concrete in the wall. Cellular concrete is thus most ideal for fillings and voids.
Cellular Concrete Market Segment Analysis - By End-User Industry
Infrastructure sector held the largest share in the cellular concrete market in the year 2020. The increase in development in infrastructure sector and the increasing need for eco-friendly and sustainable building material has contributed to the increase in demand for cellular concrete. Residential construction has followed the infrastructure industry closely in demand for cellular concrete.
The increase in demand for cellular concrete and related products comes from the rapid development of the construction segment. There has been a stagnation in the activities between China and other countries, and the future developments between China and other countries will determine the situation of cellular concrete market.
领英推荐
Cellular Concrete Market Segment Analysis - By Geography
APAC dominated the cellular concrete market in the year 2020, with countries like China, India and Japan having a surging demand for cellular concrete in various types of construction activities. The cellular concrete industry is witnessing growth due to increasing applications and growing demand from various end-user industries in the Asia-Pacific region. In specific, China has the highest demand for cellular concrete in Asia-Pacific region due to rising household incomes and fast-growing middle-class population. In countries such as India certain factors such as increase in urbanized population and growth in disposable income are driving the cellular concrete. The rise in construction activities, renovation and re-construction activities in the APAC region is set to contribute to the growing cellular concrete market in the region. APAC region dominated the infrastructure industry.?
Cellular Concrete Market Drivers
Growing industrial and construction activities
The rapid development of infrastructure industry has contributed to the development of Cellular Concrete industry as well. Activities such as repairs and renovation has led to the demand for cellular concrete, with the renovation and repair activities reported to grow at a rate of 6.3% in the year 2021. Cellular concrete is also the most sought out after for activities such as backfills, void filling and crack-fillings. All major and minor activities in construction industry invariably requires cellular concrete for completing the activity.?
Environmentally friendly
Cellular concrete is considered environmentally friendly due to the various advantages provided by it. It is lightweight, less wastage and highly sustainable material as compared to the traditional concrete. Cellular concrete also provides with fire-resistant, weather-resistant and termite free surfaces. Cellular concrete also helps in making the wall/roof/floor structurally robust.
Superior insulation properties, lightweight, and affordable pricing
Cellular concrete’s main special trait is it is super insulation property. At times of heavy sunlight, cellular concrete helps in reflecting the heat away, and thus does not generate heat into the building. Likewise, during cold weather it does not radiate coldness into the building and rather reflect away from the building and thus acts as a good weather-resistant. It is also comparatively cheaper to its traditional alternatives and therefore it is also affordable.?
Unlike the traditional materials in the construction industry, cellular concrete is very lightweight and thus has its own advantages related to it. Even though cellular concrete is lightweight, it has equal strength as the traditional alternative construction materials in the industry. This helps in reducing the overall load of the building but gives maximum protection and resistance.
Cellular Concrete Market Challenges
Issues in durability
Due to high presence of cement paste, cellular concrete tends to experience hydraulic shrinkage. Cellular concrete is also prone to concrete creeps, a condition in which the cement cannot hold the weight and starts to get subjected to stress and strains, which could affect the overall quality, thus hindering the growth of cellular concrete market.
Quality of specific raw materials
The quality of certain raw materials used in cellular concrete plays a major role in the total quality of cellular concrete market. For instance, the foam liquid concentrates used in the process of cellular concrete production could be of less quality at times which directly affects the product quality. Therefore, this is one of the biggest challenges to the cellular concrete market.
Cellular Concrete Market Landscape
Expansions, new product developments and joint ventures are some of the key strategies adopted by players in the cellular concrete market. Major players in the cellular concrete market are Cematrix, Alerix Industries, Shirke Industries, Broco Industries, Pacific International Grout Company, Lafarge, Cellular Concrete Inc., Geofill LLC, Aircrete Europe and Xella Group among others.?
Acquisitions/Technology Launches