As per this study the Global Lightweight Aggregate Concrete Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%. By volume, the market was estimated XX K MT in 2019 and is expected to reach XX K MT by 2026 with a CAGR of XX%.
Lightweight aggregate concrete is also known as foamed concrete or autoclaved aerated concrete (AAC). It inherits the expanding agent, which helps in increasing the volume of the mixture. It is manufactured by using natural material and by-products, where natural material includes volcanic pumice, shale and slate and by-product includes fly ash, palm oil shells, slag and pelletized expanded slabs. Additionally, lightweight aggregate concrete is mostly used in construction.
The growing construction sector coupled with the rising population is driving market growth. The rapid urbanization along with increasing expenditure on R&D in the construction industry is again accelerating the market growth. Additionally, properties of lightweight aggregate concrete such as fire resistance, excellent compressive strength and the possibility to restructure with ordinary woodworking tools are further fuelling the market growth. On the other hand, sensitivity to water content, brittleness and longer mixing time may hamper the market growth. Whereas, the rising trend of green building material is expected to create potential opportunities during the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of lightweight aggregate concrete.
The broad lightweight aggregate concrete market has been sub-grouped into the type of material and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Types Of Material
- Natural Materials
- Civil Construction
- Industrial Construction
- Infrastructure Construction
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for lightweight aggregate concrete in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Lightweight Aggregate Concrete Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the lightweight aggregate concrete market include Buzzi Unicem, Cemex, China Resources Cement, Cimentos de Portugal, CRH, HeidelbergCement Group., Holcim, Italcementi, Lafarge, S.A. (CIMPOR), SGPS, U.S. Concrete, Inc. and Votorantim. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.