Cellular Concrete Market- By End-Use Industry (Residential Construction. Commercial Construction, Industrial Construction, Infrastructure & Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024 – 2030

Report Code: CMR 54328 Report Format: PDF + Excel

Cellular Concrete Market Overview

Cellular Concrete Market Size is forecast to reach $ 793 Million by 2030, at a CAGR of 5.80% during forecast period 2024-2030. Increasing need for restoration and renovating activities has led to increase in demand for cellular concrete. Further, growing investments in construction sector especially in developing nations is fueling the demand of cellular concrete. Cellular concrete provides many advantages such as lightweight, fire resistant and termite free properties. Apart from the many advantages provided by cellular concrete, it is also environmentally friendly and very cost efficient. 
Amid the Covid-19 crisis, the cellular concrete market has gradually. Covid-19 has disrupted the supply chain activities and has led to the overstocking of products, which is not been able to sold out due to the pandemic, which has affected the cellular concrete market and its growth in a huge way. However, the situation is expected to improve by the end of the year 2021.

Cellular Concrete Marke Report Coverage

The report: “Cellular Concrete Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Cellular Concrete Industry. 
By Density: High Density, Medium Density, and Low Density.
By Application: Flooring, Roofing, Backfill, and Others.
By End-Use Industry: Residential Construction. Commercial Construction, Industrial Construction, Infrastructure, and Others.
By Geography: North America, South America, Europe, Asia-Pacific, and Rest of the world.

Key Takeaways

  • The APAC region dominated the cellular concrete in terms of value as well as volume. The increase in demand for lightweight and cost-effective materials in countries such as China, Japan, India and South Korea has led to the increased demand for cellular concrete in the APAC region.
  • Accelerated urbanisation and rapid industrialisation is one of the main factors contributing to the growth of cellular concrete.
  • The increasing demand and spending capacity of citizens/people in developed as well as developing countries also is driving the cellular concrete market.
  • The unique properties and traits of cellular concrete such as fire resistance, weather resistance has also given a huge boost to the cellular concrete market.

Cellular Concrete Market Segment Analysis - By Density

The high density cellular concrete segment is expected to lead the global cellular market in 2020. High density cellular concrete is mostly used in main activities such as construction of load bearing walls, ceilings of low raise structures, formation of partitioning of walls and production of pre-cast blocks for load-bearing brickwork. High density material is also considered as high and structural grade material. This has made the high-density cellular concrete the most sought out product in the market
Application- Segment Analysis
Owing to the shrinkage trait of cellular concrete, it is best and most used in backfills. It is mostly preferred for filling of voids and cracks. Cellular concrete is used for producing strong cast molds and for void filling and back filling. Cellular concrete creates a void in the substance which helps in facilitating the process of curing and helps in strengthening the concrete in the wall. Cellular concrete is thus most ideal for fillings and voids.

Cellular Concrete Market Segment Analysis - By End-User Industry

Infrastructure sector held the largest share in the cellular concrete market in the year 2020. The increase in development in infrastructure sector and the increasing need for eco-friendly and sustainable building material has contributed to the increase in demand for cellular concrete. Residential construction has followed the infrastructure industry closely in demand for cellular concrete.
The increase in demand for cellular concrete and related products comes from the rapid development of the construction segment. There has been a stagnation in the activities between China and other countries, and the future developments between China and other countries will determine the situation of cellular concrete market.

Cellular Concrete Market Segment Analysis - By Geography

APAC dominated the cellular concrete market in the year 2020, with countries like China, India and Japan having a surging demand for cellular concrete in various types of construction activities. The cellular concrete industry is witnessing growth due to increasing applications and growing demand from various end-user industries in the Asia-Pacific region. In specific, China has the highest demand for cellular concrete in Asia-Pacific region due to rising household incomes and fast-growing middle-class population. In countries such as India certain factors such as increase in urbanized population and growth in disposable income are driving the cellular concrete. The rise in construction activities, renovation and re-construction activities in the APAC region is set to contribute to the growing cellular concrete market in the region. APAC region dominated the infrastructure industry. 

Cellular Concrete Market Drivers

Growing industrial and construction activities

The rapid development of infrastructure industry has contributed to the development of Cellular Concrete industry as well. Activities such as repairs and renovation has led to the demand for cellular concrete, with the renovation and repair activities reported to grow at a rate of 6.3% in the year 2021. Cellular concrete is also the most sought out after for activities such as backfills, void filling and crack-fillings. All major and minor activities in construction industry invariably requires cellular concrete for completing the activity. 

Environmentally friendly

Cellular concrete is considered environmentally friendly due to the various advantages provided by it. It is lightweight, less wastage and highly sustainable material as compared to the traditional concrete. Cellular concrete also provides with fire-resistant, weather-resistant and termite free surfaces. Cellular concrete also helps in making the wall/roof/floor structurally robust.

Superior insulation properties, lightweight, and affordable pricing

Cellular concrete’s main special trait is it is super insulation property. At times of heavy sunlight, cellular concrete helps in reflecting the heat away, and thus does not generate heat into the building. Likewise, during cold weather it does not radiate coldness into the building and rather reflect away from the building and thus acts as a good weather-resistant. It is also comparatively cheaper to its traditional alternatives and therefore it is also affordable. 
 
Unlike the traditional materials in the construction industry, cellular concrete is very lightweight and thus has its own advantages related to it. Even though cellular concrete is lightweight, it has equal strength as the traditional alternative construction materials in the industry. This helps in reducing the overall load of the building but gives maximum protection and resistance.

Cellular Concrete Market Challenges

Issues in durability

Due to high presence of cement paste, cellular concrete tends to experience hydraulic shrinkage. Cellular concrete is also prone to concrete creeps, a condition in which the cement cannot hold the weight and starts to get subjected to stress and strains, which could affect the overall quality, thus hindering the growth of cellular concrete market.

Quality of specific raw materials

The quality of certain raw materials used in cellular concrete plays a major role in the total quality of cellular concrete market. For instance, the foam liquid concentrates used in the process of cellular concrete production could be of less quality at times which directly affects the product quality. Therefore, this is one of the biggest challenges to the cellular concrete market.

Cellular Concrete Market Landscape

Expansions, new product developments and joint ventures are some of the key strategies adopted by players in the cellular concrete market. Major players in the cellular concrete market are Cematrix, Alerix Industries, Shirke Industries, Broco Industries, Pacific International Grout Company, Lafarge, Cellular Concrete Inc., Geofill LLC, Aircrete Europe and Xella Group among others. 

Acquisitions/Technology Launches

  • On August 14, 2019 CEMATRIX acquired Pacific International Grout which strengthened the presence of CEMATRIX in North America.
  • In February 2019, Lafarge acquired Transit Mix Concrete Co. a leading supplier of concrete materials in Colorado, which has helped Lafarge expand its presence throughout Colorado. 

Key Market Players:

The Top 5 companies in the Cellular Concrete Market are:
1 Aerix Industries
2. Cemex
3. Shirke Industries
4 Sika AG
5 Geofill LLC

1. Cellular Concrete Market- Market Overview
    1.1 Definitions and Scope
2. Cellular Concrete Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by Density
    2.3 Key trends by Application
    2.4 Key trends by End-use Industry
    2.5 Key trends by Geography
3. Cellular Concrete Market – Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis - Top Companies
        3.1.2 Product Benchmarking - Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Cellular Concrete Market - Startup companies Scenario Premium 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Cellular Concrete Market – Industry Market Entry Scenario Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Successful venture profiles
    5.4 Customer Analysis – Top companies
6. Cellular Concrete Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Cellular Concrete Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product Life Cycle
    7.4 Supplier and Distributor 
8. Cellular Concrete Market – By Density (Market Size -$Billion)
    8.1 High Density Cellular Concrete
    8.2 Medium Density Cellular Concrete
    8.3 Low Density Cellular Concrete
9. Cellular Concrete Market – By Application (Market Size -$Billion)
    9.1 Flooring
    9.2 Roofing
    9.3 Backfill
    9.4 Others
10. Cellular Concrete Market – By End User Industry (Market Size -$Billion)
    10.1 Residential construction
        10.1.1 Independent Homes
        10.1.2 Row Homes
        10.1.3 Large Apartment Buildings
    10.2 Commercial construction
        10.2.1 Hospitals and Healthcare Infrastructure
        10.2.2 Educational Institutes
        10.2.3 Hotels and Restaurants
        10.2.4 Banks and Financial Institution
        10.2.5 Airports
        10.2.6 Hyper and Super Market
        10.2.7 Shopping Malls
        10.2.8 Others
    10.3 Industrial Construction
    10.4 Infrastructure
        10.4.1 Roads and Highways
        10.4.2 Dams and Artificial Lakes
        10.4.3 Tunnels
        10.4.4 Mooring and Ports
        10.4.5 Railways
        10.4.6 Others
    10.5 Others
11. Cellular Concrete Market – By Geography (Market Size -$Billion)
    11.1 North America
        11.1.1 U.S
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Colombia
        11.2.4 Chile
        11.2.5 Rest of South America
    11.3 Europe
        11.3.1 UK
        11.3.2 Germany
        11.3.3 France
        11.3.4 Italy
        11.3.5 Netherland
        11.3.6 Spain
        11.3.7 Russia
        11.3.8 Belgium
        11.3.9 Rest of Europe
    11.4 Asia-Pacific
        11.4.1 China
        11.4.2 Japan
        11.4.3 India
        11.4.4 South Korea
        11.4.5 Australia and New Zeeland
        11.4.6 Rest of APAC
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 U.A.E
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Cellular Concrete Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Cellular Concrete Market – Industry/Segment Competition Landscape
    13.1 Market Share Analysis
        13.1.1 Market Share by Country - Top companies
        13.1.2 Market Share by Region - Top companies
        13.1.3 Market Share by type of Application - Top companies
        13.1.4 Market Share by type of Product / Product category- Top companies
        13.1.5 Market Share at global level - Top companies
        13.1.6 Best Practices for companies
14. Cellular Concrete Market – Key Company List by Country Premium Premium
15. Cellular Concrete Market Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Aerix Industries
    15.3 Cemex
    15.4Shirke Industries
    15.5 Sika AG
    15.6 Geofill LLC
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Market By End User Market 2023-2030 ($M)
1.1 Residential Building Market 2023-2030 ($M) - Global Industry Research
1.2 Commercial Building Market 2023-2030 ($M) - Global Industry Research
1.3 Infrastructure Market 2023-2030 ($M) - Global Industry Research
2.Global Market By End User Market 2023-2030 (Volume/Units)
2.1 Residential Building Market 2023-2030 (Volume/Units) - Global Industry Research
2.2 Commercial Building Market 2023-2030 (Volume/Units) - Global Industry Research
2.3 Infrastructure Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Market By End User Market 2023-2030 ($M)
3.1 Residential Building Market 2023-2030 ($M) - Regional Industry Research
3.2 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
3.3 Infrastructure Market 2023-2030 ($M) - Regional Industry Research
4.South America Market By End User Market 2023-2030 ($M)
4.1 Residential Building Market 2023-2030 ($M) - Regional Industry Research
4.2 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
4.3 Infrastructure Market 2023-2030 ($M) - Regional Industry Research
5.Europe Market By End User Market 2023-2030 ($M)
5.1 Residential Building Market 2023-2030 ($M) - Regional Industry Research
5.2 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
5.3 Infrastructure Market 2023-2030 ($M) - Regional Industry Research
6.APAC Market By End User Market 2023-2030 ($M)
6.1 Residential Building Market 2023-2030 ($M) - Regional Industry Research
6.2 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
6.3 Infrastructure Market 2023-2030 ($M) - Regional Industry Research
7.MENA Market By End User Market 2023-2030 ($M)
7.1 Residential Building Market 2023-2030 ($M) - Regional Industry Research
7.2 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
7.3 Infrastructure Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Cellular Concrete Market Revenue, 2023-2030 ($M)
2.Canada Cellular Concrete Market Revenue, 2023-2030 ($M)
3.Mexico Cellular Concrete Market Revenue, 2023-2030 ($M)
4.Brazil Cellular Concrete Market Revenue, 2023-2030 ($M)
5.Argentina Cellular Concrete Market Revenue, 2023-2030 ($M)
6.Peru Cellular Concrete Market Revenue, 2023-2030 ($M)
7.Colombia Cellular Concrete Market Revenue, 2023-2030 ($M)
8.Chile Cellular Concrete Market Revenue, 2023-2030 ($M)
9.Rest of South America Cellular Concrete Market Revenue, 2023-2030 ($M)
10.UK Cellular Concrete Market Revenue, 2023-2030 ($M)
11.Germany Cellular Concrete Market Revenue, 2023-2030 ($M)
12.France Cellular Concrete Market Revenue, 2023-2030 ($M)
13.Italy Cellular Concrete Market Revenue, 2023-2030 ($M)
14.Spain Cellular Concrete Market Revenue, 2023-2030 ($M)
15.Rest of Europe Cellular Concrete Market Revenue, 2023-2030 ($M)
16.China Cellular Concrete Market Revenue, 2023-2030 ($M)
17.India Cellular Concrete Market Revenue, 2023-2030 ($M)
18.Japan Cellular Concrete Market Revenue, 2023-2030 ($M)
19.South Korea Cellular Concrete Market Revenue, 2023-2030 ($M)
20.South Africa Cellular Concrete Market Revenue, 2023-2030 ($M)
21.North America Cellular Concrete By Application
22.South America Cellular Concrete By Application
23.Europe Cellular Concrete By Application
24.APAC Cellular Concrete By Application
25.MENA Cellular Concrete By Application
26.Cematrix Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Saint Gobain, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Xella Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Cellucrete, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Litebuilt, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Acico, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Laston Italiana Spa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Aerix Industries, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Shirke, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Broco Industries, Sales /Revenue, 2015-2018 ($Mn/$Bn)