Cellular Concrete Market by 2020 Cellular Concrete Market by 2020

Cellular Concrete Market worth 449.8 Million USD by 2020
The report "Cellular Concrete Market by Application (Building Material, Road Sub-bases, Concrete Pipes, Void
Filling, Roof Insulation, Bridge Abutment, and others), by End-user (Residential Building, Commercial Building,
Infrastructure, Others) - Global Forecasts to 2020", The cellular concrete market size is projected to grow from
USD 337.6 Million in 2015 to reach USD 449.8 Million by 2020, at an estimated CAGR of 5.9%.
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Browse 88 market data tables with 49 figures spread through 140 pages and in-depth TOC on"Cellular Concrete
Market"
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Accelerated urbanization, growth in infrastructural activities, and increasing industrialization has multiplied the
growth rate of the cellular concrete market which has resulted in the need for cellular concrete market across the
globe. The increasing income and spending capacity of people in developing economies and increasing demand in
various end-use sectors such as commercial buildings, residential buildings, and infrastructure are the major
factors driving the cellular concrete market.
Building materials segment to gain maximum traction during the forecast period
Building materials demand is growing due to the following factors such as low cost, lesser time to build, and less
labor. Cellular concrete is used to build housing colonies in a wide range. It is very flowable material and so can be
easily installed by using gravity and is a self-leveling material. The reason behind the growth in this product
segment is the need of making the floor, slabs, window panels and levelled roofs, which is the primary concern of
customers.
Asia-Pacific to play a key role in the cellular concrete market
The cellular concrete industry is witnessing growth because of increasing applications and growing demand in the
Asia-Pacific region. It accounts for a major market share followed by the Rest of the World, North America, and
Europe. In terms of countries, China dominates the Asia-Pacific region primarily due to rising household incomes
and fast-growing middle-class population. Factors such as increasing urbanized population in India along with the
growth in disposable income are driving the growth of the Asia-Pacific cellular concrete market.
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The various key companies profiled in the report are as follows:
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Saint Gobain (France),
Xella Group (Germany),
Cellucrete (U.S.),
Cematrix (Canada),
Litebuilt (Australia),
LastonItaliana S.P.A (Italy),
Cellular Concrete Technologies (U.S.),