Market Research Future published a half-cooked research report on Global Cellular Concrete Market that contains the information from 2017 to 2023. Global cellular concrete marketis expected to grow with ~5.5% CAGR from 2017 to 2023.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Cellular concrete Market Information from 2017 to 2023″
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Cellular concrete is replacing the traditional concrete materials in the construction industry. One of the reasons behind this, is its easy availability in the market. It is a lightweight construction material made of Portland cement, water, foaming agent, and compressed air. It is also known by other names, such as, aerated concrete, and autoclaved cellular concrete (AAC). Growing construction industry across the globe is major factor driving the growth of the market. Moreover, growing popularity of cellular concrete in residential construction mainly due to light weight driving the growth of the market. However, availability of alternatives may restrict the growth of the market.
For the purpose of this study, the global cellular concrete market has been segmented into two segments such as by application, and by end-user. On the basis of application, building material accounts the largest market share and is expected to remain dominant over the forecast period. Based on end-user, non-residential sector dominates the market; expected to grow at the highest CAGR during the forecast period.
Hence, the global cellular concrete market is expected to grow at ~5.5% CAGR during the forecast period.
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European region dominates the global cellular concrete market
Geographically, the global cellular concrete market has been divided into four major regions of North America, Europe, Asia Pacific and Rest of the World. European region, has accounted for the largest market share. Increasing home improvement activities across the globe, drive the growth of the market. Asia Pacific region, is projected to grow at the highest CAGR during the forecast period. Rapid growth in construction sector in Asia Pacific region is, primarily, driving the growth of the market. FDI inflows in construction in Asia Pacific region, has led to increased construction projects and real-estate development. This, along with FDI in retail has pushed the number of retail outlets in the region. This induces the demand for construction in the region. Additionally, major players are targeting the Asia Pacific region, mainly due to availability of low-cost labor and availability raw material stocks. Hence, production facilities are increasing at a decent rate. This also has a positive effect on the growth of the market. China, Japan, India, and Singapore are the major market in Asia Pacific region.
North America is another major market for the cellular concrete. U.S. is the major contributor in global and North America cellular concrete market. High development in commercial and residential structures in the U.S., is anticipated to fuel the demand for market in the region. Increasing repair and rehabilitation activities of existing infrastructure, have huge demand for market in coming years. In rest of the world, Middle East region is expected to contribute significantly during the forecast period, mainly due to increasing construction spending and high economic growth.
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- Saint Gobain
- Xella Group
- Laston Italiana S.P.A
- Cellular Concrete Technologies
- Aerix Industries
- B. G. Shirke Construction Technology Pvt. Ltd
- Broco Industries
- JK Lakshmi Cement Ltd
- CellFill, LLC
- Aircrete Europe
This research report provides insights, on various levels of analysis such as industry analysis, and market share analysis for the leading players along with their profiles. It also helps in studying the target segments by providing views on emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios & strategies in the global construction lift market, including high-growth regions and/or countries, and political, & economic environments. The project report, further, provides views on both the historical market values and pricing & cost analysis.
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