In a recent published report, Kenneth Research has updated the market report for Global Cellular Concrete Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Cellular Concrete Market products.
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Moreover, an increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.
The building and construction industry is constantly upgrading construction materials to be stronger and resist harsh weather conditions. That is where Cellular Concrete meets those needs. Also known as foam concrete, it is lightweight, fluid, fire resistant, and durable. It owes its lightness due to the several tiny and evenly distributed gas bubbles. It is produced by mixing cement (or sand or fly ash in some cases), water, and a foaming agent. This mixture is then blended further in a concrete mixing plant by adding a synthetic aerated foam.
The properties of cellular concrete prove it to be a better alternative to the conventional materialswhich are less superior and not cost-effective. Due to this, there is stiff competition in the market for cost-effective and eco-friendly construction methods.
Aspects such as lightweight, low cost, high thermal insulation, and environment-friendly are driving the global cellular concrete market.
Urbanization in the growing economies of Asia Pacific, Latin America, and the Middle East is boosting the demand for cellular concrete, as it is used in both new constructions and maintenance and rebuilds. Post the global economic slowdown of 2008, there has been a steady growth in the cellular concrete market.
Owing to its qualities such as fluidity and self-levelling, cellular concrete can be installed using gravity. It is also used in road construction projects in large volumes of cellular concretes for construction because of its quality of being weather resistant.
Conventional concrete production involves the use of significant amounts of coal to make clinkers, which results in unwanted greenhouse gas emissions. While cellular concrete being an eco-friendly product is produced using fly-ash, an unwanted waste from coal-based thermal plants, at a lower cost and time than that of conventional cement.
Companies will be challenged by the availability of substitute materials that offer many of the features of cellular concrete. Products like gravel and autoclaved sand bricks will pose a threat. Furthermore, foam liquid concentrate used in the production of cellular cement can vary from poor to exceptional, which can raise concerns about product quality. Also those available in the marketplace are not designed specifically for the cellular concrete production.
Market segmented based on application:
In 2016, based on application, building blocks, slabs, and arches accounted for the largest share. Cellular concrete is also widely used in the insulation of pipelines, construction of roads,building materials, concrete pipes bridges abutment, tunnels, and others. It is also ideally suited for filling voids, owing to its cost-effective nature, high fluidity, and theability of volumetric expansion.Cellular concrete products include blocks, wall panels, floor and roof panels, and lintels.
Market segmented based on end-user industry
The market is further segmented into infrastructure, commercial buildings, residential buildings, agriculture, mining, and others.
Market segmented based on type:
The Cellular Concrete market is divided into Thermal Insulation Block, Bearing Block, and Non-Bearing Block.
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One of the emerging cellular concrete markets is from the Asia-Pacific region. India and China are now increasing their economies by focusing on the manufacturing and infrastructure industries, hence increasing the demand for cellular concretes in the market. China dominates the Asia Pacific region owing to the growing middle-class population, urbanization, and disposable income. Europe is also growing its cellular concrete market as the companies are investing in the market to expand their infrastructure. There is a growing awareness of energy efficiency and savings in European countries. Also, the demand for thermal-insulated roofing slabs and floorings will drive the European market.
Cellular Concrete Technologies, Saint Gobain, Cellucrete, LastonItalianaS.P.A, Shirke, ACICO, Xella Group, Cematrix
Report ContentsRegional AnalysisReport Highlights
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
The Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of the Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market Dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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