SAN FRANCISCO, Sept. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Cellular Concrete - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 751
Companies: 48 - Players covered include Acico; Aerix Industries; Aircrete Europe; B. G. Shirke; Broco Industries; CellFill, LLC; Cellucrete; Cellular Concrete Technologies, Llc; Cematrix Corporation; Conco; JK Lakshmi Cement Ltd; Laston Italiana Spa; Litebuilt; Saint Gobain; Shirke; Xella Group and Others.
Coverage: All major geographies and key segments
Segments: Application (Building Materials, Road Sub-Bases, Concrete Pipes, Void Filling, Roof Insulation, Other Applications); End-Use (Infrastructure, Residential Buildings, Commercial Buildings, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Cellular Concrete Market to Reach $574.2 Million by 2026
Amid the COVID-19 crisis, the global market for Cellular Concrete estimated at US$436.6 Million in the year 2020, is projected to reach a revised size of US$574.2 Million by 2026, growing at a CAGR of 4.5% over the analysis period. Building Materials, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$189.4 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Road Sub-Bases segment is readjusted to a revised 5.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $136.8 Million in 2021, While China is Forecast to Reach $101.7 Million by 2026
The Cellular Concrete market in the U.S. is estimated at US$136.8 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$101.7 Million by the year 2026 trailing a CAGR of 4.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Concrete Pipes Segment to Reach US$97.7 Million by the year 2026
In the global Concrete Pipes segment, USA, Canada, Japan, China and Europe will drive the 4.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$60.1 Million in the year 2020 will reach a projected size of US$81.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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