Cellular Concrete Market Size, Share, Opportunities, And Trends By Application (Blocks, Panels, Arches, Lintels, Slabs, Thermal and Sound Insulation in Floors, Walls, Roofs, Filling of Voids, Cracks, and Cavities, Dike Protections, Mooring Lines, and Ports, Construction of Floating Structures, Protection of Communication Lines and Pipes, Foundations and Backfills in Construction of Roads, Bridges, Tunnels, and Underground Railways, Other Applications), By End-User Industry (Residential, Non-residential (Commercial, Industrial, Other Non-residential Constructions)), And By Geography - Forecasts From 2024 To 2029

  • Published : Aug 2024
  • Report Code : KSI061617052
  • Pages : 145
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The cellular concrete market is expected to grow at a CAGR of 5.82% during the forecast period (2024-2029).

Cellular concrete markets, such as mini-concrete or lightweight concrete, are used in different construction works worldwide. Cellular concretes are obtained from cement, water, and a foaming agent to produce a product with a low apparent density. Based on the above parameters, the characteristics that are the catalysts for the cellular concrete market’s growth are the following. This concrete has several distinctive attributes like dead weight, which reduces the rate of construction of the structures, thermal and acoustic insulations, fire resistance, termites, and other disaster resistance. There is a rising requirement for lightweight and high-performance construction materials, especially in civil buildings and infrastructures. This requirement also acts as a market driver.

Regionally, Asia-Pacific is a leading zone for the cellular concrete market and has shown the maximum growth rate due to infrastructural developments in countries such as China and India. Other primary markets are the regions of North America and Europe, as the constant search for cost-efficient and energy-saving construction solutions primarily causes the application of cellular concrete.

  • The main factor for the development of cellular concrete is the increased need for cost-effective and energy-saving construction products. Cellular concrete is gap-voided and thus has a very low density. It remains the best choice for thermal and sound insulation in building construction where sustainable options are required. Designers and contractors of buildings today look forward to minimizing and reducing the effects of construction on the environment. Here, the cellular concrete option has been embraced, especially in constructing homes and business establishments with less energy consumption and, therefore, less emissions. It has, therefore, found its niche in applications for minimalizing the dead weight of structures and improving thermal efficiency. It is an advantage to developers and contractors in their bid to keep the construction cost down while meeting and satisfying the current energy codes.
  • An additional factor that has spurred the cellular concrete market’s growth is the increase in global infrastructural advancement initiatives. Evidently, governments and private representatives investing in different global areas focus on constructing roads, bridges, rail, and other structures. Due to the nature of its properties, cellular concrete applications include road sub-bases, void fillings, and bridge abutments, making it a common material for these structures. Most of the material is lightweight and very resistant to frost heaving and other environmental conditions such as weather. This makes it very suitable for use in infrastructure, especially where durability and ease of construction are required. There is a steady increase in the adoption of cellular concrete as the need to build sustainable and less costly structures emerges in today’s world.
  • Another reason that will boost the cellular concrete market is globalization, placing a high emphasis on expanding urban territories, especially developing ones. As more people move to the urban center, their need for new homes and business premises has greatly increased. Thus, cellular concrete’s applicability for non-bearing structures, in addition to thermal and acoustic insulation, makes it ideal for use in residential construction. Furthermore, the notion of faster construction of the material and a decrease in total construction costs have seen a surge in material being used in the residential sphere. The continuing growth of the Construction industry and urbanization, especially in the Asia-Pacific region, will maintain the demand for cellular concrete for the residential construction divisions.

CELLULAR CONCRETE MARKET DRIVERS:

  • The residential segment by end-user industry is likely to be the fastest-growing segment during the forecast period.

Out of all the end-user industries, the residential sector is expected to record the fastest growth in the global demand for cellular concrete, at a CAGR of over 6% for the forecast period. Several key factors drive this growth:

  • Rising Urbanization and Housing Demand: Growth in urbanization, especially in the emerging economy, is also putting pressure on developers to erect more housing units to meet the increasing demand of people wishing to move to urban areas. The population growth within urban areas has led to the requirement for materials that can be used to construct cheap houses that are energy efficient. Hence, cellular concrete has gained acceptance in residential construction.
  • Shift Towards Lightweight and Sustainable Materials: Lightweight construction materials with better thermal and acoustic configurations are preferred more so as energy costs increase, making occupants comfortable. Using cellular concrete with a low density and exceptional insulating properties in the consumption pattern of residential constructions has more support for green building practices than other types of construction practices.
  • Government Initiatives and Green Building Certifications: Most governments are developing policies and encouraging contractors to incorporate environment-friendly materials in construction projects. The rising trend in using green building certifications like LEED and BREEAM is also pushing the incorporation of cellular concrete in residences that embrace the codes to attain these ratings.
  • Cost-Effectiveness and Faster Construction: Cellular concrete also has the benefits of less foundation demand compared to standard building materials and quicker setting than other conventional building substances. All these advantages make it a product of interest to residential developers who wish to maintain short construction durations and costs.
  • Asia-Pacific Leads the Way: The cellular concrete market for the residential segment is expected to be the largest and fastest growing in Asia-Pacific due to increasing urbanization and construction activities in the region, especially in China and India. The future trend of this region’s construction, especially affordable housing and green buildings, will further increase the demand for cellular concrete.

Overall, the expanding need for commercial and residential construction in cellular concrete is due to the requirement of lightweight material for construction, utilization of energy-saving products, and the growing implementation of green building standards in the market encouraged by the governments.

Cellular Concrete Market Geographical Outlook

  • The Asia Pacific region will dominate the cellular concrete market during the forecast period.

The Asia-Pacific region is poised to dominate the global cellular concrete market during the forecast period, driven by several key factors. Countries from the Asia-Pacific region, including China and India, are building apartment buildings, industrial facilities, roads, and other infrastructures at a very high rate. This trend is instrumental to the cellular concrete market’s growth since the material is light and energy-efficient. These properties will catch the attention of builders and developers in the region.

The governments of the Asia-Pacific countries aspire to offer policies and rewards to encourage the use of sustainable construction products as a part of cellular concrete. At the same time, the tendency to get green building certifications such as LEED or BREEAM is amplifying the utilization of cellular concrete in the construction industry. These factors are forecasted to raise the market size in Asia-Pacific to a higher level. A large amount of infrastructure undertaking is being observed, mainly in the construction of roads and bridges, railways, and other significant projects. Engineers have preferred this material for road sub-base, voids, and bridge abutments due to its concrete cellular properties. Due to the region’s emphasis on green infrastructure and affordable construction solutions, the demand for cellular concrete is expected to increase.

The efficiency of cellular concrete, excluding the construction costs and faster installation compared to the traditional materials, can be considered among the factors that make developers in the Asia-Pacific area interested in the material. This is very relevant, especially in the global market scenario where factors such as the cost of executing a project and the period taken to complete a construction project are very sensitive in the construction industry. In conclusion, the opportunities of the Asia-Pacific countries are amazing in the cellular concrete market due to the growth of the rates of urbanization, government incentives for the construction of energy-saving buildings, the development of infrastructure and construction trends, as well as the availability of the final product and increased productivity in construction.

Cellular Concrete Market Scope:

Report Metric Details
Growth Rate CAGR of 5.82% from 2024 to 2029
Study Period 2019 to 2029
Historical Data 2019 to 2022
Base Year 2024
Forecast Period 2024 – 2029
Forecast Unit (Value) USD Billion
Segments Covered
  • Application
  • End-User Industry
  • Geography
Companies Covered
  • ACICO
  • Aerix Industries
  • AKG Gazbeton
  • Cellucrete Corp
  • Cematrix 
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase

 

The cellular concrete market is segmented and analyzed as follows:

  • By Application
    • Blocks, Panels, Arches, Lintels, Slabs
    • Thermal and Sound Insulation in Floors, Walls, Roofs
    • Filling of Voids, Cracks, and Cavities
    • Dike Protections, Mooring Lines, and Ports, Construction of Floating Structures
    •  Protection of Communication Lines and Pipes
    •  Foundations and Backfills in Construction of Roads, Bridges, Tunnels, and Underground Railways
    • Other Applications
  • By End-User Industry
    • Residential
    • Non-residential
    • Commercial
    • Industrial
    • Other Non-residential Constructions
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Middle East and Africa
      • Saudi Arabia
      • Saudi Arabia
      • United Arab Emirates
      • Rest of the Middle East and Africa
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Rest of Asia-Pacific

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.1.1. Augmenting Demand for Lightweight and Strong Materials in the Construction Sector 

4.1.2. Growing Demand for Thermal and Acoustic Insulation Applications 

4.1.3.  Factors like Speedier Construction, Self Levelling and Self Compacting, and Savings in Raw Material

4.2. Market Restraints

4.2.1. Issues with Foam Liquid Concentrates

4.2.2.  Ease of Availability of Substitutes 

4.2.3. Threats from Substitutes

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. CELLULAR CONCRETE MARKET BY APPLICATION

5.1. Introduction

5.2. Blocks, Panels, Arches, Lintels, Slabs

5.3.  Thermal and Sound Insulation in Floors, Walls, Roofs 

5.4. Filling of Voids, Cracks, and Cavities 

5.5.  Dike Protections, Mooring Lines, and Ports, Construction of Floating Structures 

5.6.  Protection of Communication Lines and Pipes 

5.7.  Foundations and Backfills in Construction of Roads, Bridges, Tunnels, and Underground Railways 

5.8. Other Applications 

6. CELLULAR CONCRETE MARKET BY END-USER INDUSTRY

6.1. Introduction

6.2. Residential 

6.3. Non-residential

6.3.1.  Commercial

6.3.2. Industrial 

6.3.3. Other Non-residential Constructions

7. CELLULAR CONCRETE MARKET BY GEOGRAPHY

7.1. Global Overview

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Rest of South America

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Spain

7.4.6. Rest of Europe

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. United Arab Emirates

7.5.3. Rest of the Middle East and Africa

7.6. Asia-Pacific

7.6.1. China

7.6.2. India

7.6.3. Japan

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Thailand

7.6.7. Indonesia

7.6.8. Rest of Asia-Pacific

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. ACICO

9.2. Aerix Industries 

9.3. AKG Gazbeton 

9.4. Cellucrete Corp

9.5. Cematrix 

9.6. CEMEX S.A.B. de C.V.

9.7.  Contech Engineered Solutions LLC 

9.8. H+H 

9.9. Hanson Australia Pty Ltd 

9.10. ISOLTECH Srl 

9.11. LafargeHolcim 

ACICO

Aerix Industries 

AKG Gazbeton 

Cellucrete Corp

Cematrix 

CEMEX S.A.B. de C.V.

 Contech Engineered Solutions LLC 

H+H 

Hanson Australia Pty Ltd 

ISOLTECH Srl 

LafargeHolcim 

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