Cellular concrete market size was valued at $27.2 billion in 2021, and is projected to reach $48.2 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031. ย The research provides a detailed analysis of drivers, restraints, and opportunities of the global cellular concrete market. These insights shower necessary guidance to determine driving factors and implement strategies to gain a sustainable growth and tap on opportunities to explore the potential of the market.
Cellular concrete is a type of lightweight concrete, consisting of portland cement, cement-silica, cement-pozzolan, lime-pozzolan, along with with gas-forming chemicals or foaming agents. Cellular concrete typically has a density ranging between 300 kg/cubic meter to 1800 kg/cubic meter.
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Covid-19 impact:
- Construction and manufacturing activities of cellular concrete halted due to the implementation of the global lockdown.
- Moreover, supply chain disruptions, shortage of labor force, and unavailability of raw materials created several challenges in carrying out manufacturing in full capacity.
- Several construction activities were delayed in order to maintain the social distancing norms.
- The demand from end use industries reduced significantly due to halt in day-to-day operations in 2020. However, the demand would grow steadily during post-lockdown as daily operations get back on track.
- The ban on import-export activities led to supply chain disruption and supply-demand gap. As the restrictions are lifted off, the supply chain will be restored.
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Competitive Landscape:
Key companies profiled in the cellular concrete market forecast report include Acico, AERCON AAC, Aerix Industries, Aircrete Europe, Bauroc, Cellular Concrete Inc., Cematrix, Litebuilt, Inc., SOLBET, and Xella Group.
These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their cellular concrete market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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Key Benefits for Stakeholders:
- This report offers a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cellular concrete market analysis from 2021 to 2030 to identify the prevailing cellular concrete market opportunities.
- The cellular concrete market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the cellular concrete market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the cellular concrete market players.
- The report includes the analysis of the regional as well as global cellular concrete market trends, key players, market segments, application areas, and market growth strategies.
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