What is Foamed Concrete Market Scope?
The global foam concrete market has high growth prospects owing to growth in the infrastructure development sector. Foam concrete is a type of lightweight concrete that is manufactured from cement, sand or fly ash, water, and the foam which is in the form of foamed grout or foamed mortar. Rising construction activities in developing regions such as India, China, etc and research and development activity for product innovation will boost the formed concrete market in the forecasted period.
The Foamed Concrete market study is being classified, by Application (Bridge Approaches / Embankments, Pipeline Abandonment / Annular Fill, Trench Backfill and Precast Blocks) and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from Global will contribute to the maximum growth of Global Foamed Concrete market throughout the predicted period.
Luca Industries International GmbH (Germany), EUROCEMENT group (Russia), Beijing Huatai Yinhai International Building Materials Co., LTD (China), Allied Foam Tech Corp. (United States), Propump Engineering Ltd (United Kingdom), LafargeHolcim Ltd (Switzerland), Votorantim Group (Brazil), Hochtief Aktiengesellschaft (Germany), Bouygues S.A. (France) and CEMEX ( Mexico) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Shanghai Construction Group (China), Boral Concrete (Australia) and ACS, Actividades de Construcción y Servicios, S.A (Spain).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Foamed Concrete market by Type, Application and Region.
On the basis of geography, the market of Foamed Concrete has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In July 2019, LafargeHolcim has signed an agreement with ORESA for the acquisition of Somaco, one of Romania’s leading precast concrete producers. The transaction will allow LafargeHolcim to develop its position on the Romanian building materials market, where the company is already present in the cement, ready-mix concrete and aggregates segments.
In May 2019, the EUROCEMENT group started to produce new cement following the upgrade of the mill house. This has resulted in better milling fineness and enhanced strength characteristics - higher early strength and strength in a finished structure. Laboratory physical tests of the cement from the new mills have shown an increase in strength by 24% and 21% for two-day and 28-day old cement, respectively.
Market Drivers
- Increasing Usage of Foam Concrete in Infrastructure Development
- High Demand for Foam Concrete due to Higher Resistance to Freezing and Thawing
Opportunities
- Rising Infrastructure Development Activites in Developing Countries
- Upsurging Research and Development for Product Innovations using Foam Concrete
Restraints
Challenges
- Presence of Water in the Mixed Material make the Foam Concrete Sensitive
Key Target Audience
Foamed Concrete Manufacturers, Foamed Concrete Suppliers/ Distributors, Raw Material Suppliers, Potential Investors, Construction Industry and Government Body & Associations
Customization available in this Study:
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