According to the research report titled ‘Cellular Concrete Market Size By Application (Building Materials, Road Construction, Void Filling, Bridge Abutment), By Density (High, Medium, Low), By End-user (Residential, Commercial, Infrastructure), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global cellular concrete market is anticipated to showcase lucrative growth trends between 2021 and 2027.
 

Rising construction & renovation activities across the residential, commercial, and industrial sectors across the world are majorly driving global cellular concrete market growth. Augmenting research & development activities emphasizing on enhancing the quality and endurance of cellular cement, is further favoring the industry scope.
 

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For the record, cellular concrete is a lightweight cement-based product with numerous gas bubbles distributed evenly throughout its volume, which is created by mixing and maturing a blend of cement, water, filler, and agent creating cells. It has a number of advantages, including being lightweight, environmentally friendly, cost-effective, fire resistant, and an acoustical and thermal insulator.
 

Based on density, the global cellular concrete industry is segmented into high, medium, and low. Among these, the medium segment is anticipated to expand at 4.9% CAGR over the analysis timeframe, owing to rising use of middle density products in void filling and residential construction applications.
 

Speaking of the application range, the marketplace is categorized into void filling, bridge abutment, building materials, road construction, and others. As cited in the report, the bridge abutment segment is expected to amass USD 260 million by the end of the study duration, owing to increasing product adoption as cellular concrete offers significant reduction in lateral loads without compromising the requirement of superior compressive strength.
 

Considering the end user ambit, the business space is divided into infrastructure, residential, commercial, and others. Experts cite, the infrastructure segment is slated to grow at 5.8% CAGR over the assessment period, on account of rising investments in infrastructure development.
 

On the geographical front, the industry is categorized into North America, Asia Pacific, Latin America, Middle East & Africa, and Europe. Experts cite that Middle East & Africa cellular concrete industry size is anticipated to reach USD 146 million over the study duration, owing to increasing construction activities and rising awareness regarding incorporating green building construction materials in the region.
 

Major players profiled in the industry space are Geofill Material Technologies LLC, Laston Italiana S.P.A., Cellucrete Corp, Aerix Industries, CEMATRIX Corp., Cell-Crete Corp., Conco Companies, and CellFill LLC.