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Cellular Concrete Market Size

Report ID: GMI3694
Published Date: Nov 2024
Report Format: PDF

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Cellular Concrete Market Size

The global Cellular Concrete market was valued at USD 25.4 billion in 2023 and is estimated to grow at a CAGR of over 4.8% from 2024 to 2032.

Cellular Concrete market

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The global shift towards sustainability is significantly propelling the growth of the cellular concrete industry. As the focus intensifies on energy-efficient and eco-friendly buildings, cellular concrete stands out for its thermal insulation properties and its role in curbing energy consumption. This makes it a favored option in environmentally conscious construction endeavors.

Cellular Concrete Market Report Attributes
Report Attribute	Details
Base Year:	2023
Cellular Concrete Market Size in 2023:	USD 25.4 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	4.8%
2024 – 2032 Value Projection:	USD 38.7 Billion
Historical Data for:	2021-2023
No. of Pages:	220
Tables, Charts & Figures:	180
Segments covered:	Production Method, Density, Application, End-Use, and Region
Growth Drivers:	Increasing demand for lightweight materials Rising construction of energy-efficiency
Pitfalls & Challenges:	Limited awareness and acceptance

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Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for cellular concrete market was reached USD 25.4 billion in 2023 and is estimated to grow at a 4.8% CAGR from 2024 to 2032, driven by the increasing demand for lightweight materials.

The aerated concrete segment recorded USD 16.6 billion in 2023 and is expected to grow at a 4.9% CAGR from 2024 to 2032, due to its superior lightweight characteristics, making it ideal for high-rise buildings and seismically active zones.

The construction & building segment held around 53% of the market share in 2023 and is anticipated to grow at a 5.1% CAGR during 2024 to 2032, driven by the emphasis on green buildings and sustainability.

The U.S. dominated around 84% share of the North America cellular concrete market, driven by the surging demand for affordable housing and infrastructure.

Key players in the cellular concrete industry include Aerix Industries, AeroConcrete Inc., Cellular Concrete Solutions, Cellular Concrete Technologies (CCT), CEMATRIX, Cemex, Gulf Precast Concrete Company, Knauf Insulation, LafargeHolcim, LBT Power South Africa (Pty) Ltd., Sika AG, The Aircrete Group, The Conco Companies, U.S. Concrete, Inc., and Xella Group.