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Cellular Concrete Market Trends

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

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Cellular Concrete Market Trends

Rising importance of green building standards and LEED certification, the adoption of cellular concrete is set to surge in both residential and commercial construction sectors. Additionally, advancements in manufacturing techniques are further enhancing the appeal and application of cellular concrete.

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.