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What's driving the Cellular Concrete Market Share? | By key players Bauroc, Cell-Crete Corporation, Cematrix, Conco, CellFill LLC, Litebuilt
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o Cellular concrete market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026
o Major cellular concrete industry trends, technology evolution, economic indicators and business challenges
o Regulatory and geopolitical trends impacting the industry
o Business drivers and pitfalls impacting key regional markets
o Competitive landscape of the industry and detailed profiles on the major companies
Increased spending by regional governments on infrastructural development, especially across emerging economies, will drive cellular concrete market size. With robust economic growth, the demand for well-constructed highways, tunnels, pipelines, bridges, and other infrastructural elements has become more significant. Growing population worldwide is also necessitating the requirement of affordable but durable housing, thereby increasing the application scope of cellular concrete.
This product is much more versatile than regular concrete, as it fills voids very effectively and has outstanding flow characteristics. Additionally, it has low density, it is lightweight yet rather strong, and has excellent pumping features, which are augmenting cellular concrete industry share.
The favorable properties of cellular concrete have increased its deployment in piping applications. In recent times, the product is being used to refurbish water lines, to trench pipe abandonment, backfill, and shaft backfill, and to stabilize carrier pipes, changing the face of the tunneling industry. Usually, while grouting new pipelines, professionals often face the issue of pipe collapse, uplift force, problems associated with pumping long distances. The properties offered by cellular concrete help resolve most of these challenges, thereby augmenting the industry growth from concrete pipes applications.
Increasing efforts toward building durable, reliable, and comfortable housing establishments owing to the ever-growing populace and migration from rural to urban areas will drive cellular concrete market size from residential sector. Cellular concrete can be conveniently used precast applications to develop lightweight concrete blocks that can be erected to form structural walls. It can also be used in numerous 'pour-in-place' applications to create a roof surfaces that are strong, light, as well as energy-efficient, thereby driving cellular concrete industry share from residential sector.
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Cellular concrete market will experience massive growth from the Latin American region. Increasing efforts by the regional governments to raise spending on construction and infrastructural development along with rising need for convenient accommodation will boost LATAM cellular concrete market outlook.
Some of the companies mentioned in the report include Aerix Industries, Aercon AAC, H+H International A/S, Bauroc, Cell-Crete Corporation, Cematrix, Conco, CellFill LLC, Litebuilt, and Xella Group.
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