Lightweight Aggregate Concrete Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[195+ Pages Report] According to the report published by Facts Factors, the global lightweight aggregate concrete market size was worth around USD 4,768 million in 2022 and is predicted to grow to around USD 7,236 million by 2030 with a compound annual growth rate (CAGR) of roughly 6.14% between 2023 and 2030. The report analyzes the global lightweight aggregate concrete market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the lightweight aggregate concrete market.

The lightweight aggregate concrete market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Lightweight Aggregate Concrete market. The historical and past insights are provided for FY 2020 to FY 2022 whereas projected trends are delivered for FY 2023 to FY 2030. The quantitative and numerical data is represented in terms of both volume (million tons) and value (USD million) from fy 2020 – 2030.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the lightweight aggregate concrete industry. The report analyzes and declares the historical and current trends analysis of the Lightweight Aggregate Concrete industry and subsequently recommends the projected trends anticipated to be observed in the lightweight aggregate concrete market during the upcoming years.

Key Insights from Primary Research

• According to the primary CXO’softhe global lightweight aggregate concrete market, the market is forecast to witness a substantial growth of nearly 6.14% during 2023-2030 due to the increasing construction.
• The market was valued at USD 4,768 million, in 2022 and is expected to be valued at over USD 7,236 million, by 2030
• By type analysis, in 2022, the sand lightweight concrete segment was the largest share and is expected to witness significant growth over the forecast period owing to its use in civil construction and industrial for insulation.
• By application analysis, infrastructure application was the largest segment with more than USD 1,200 million, in 2022 and it is expected to experience lucrative growth in the near future owing to the increasing investment by public and private sector companies, and the governments for infrastructure development and real estate.
• On the basis of geography, the Asia-Pacific region headed the market with a share of more than 40 % of the global market, in 2022 and it is expected to grow over the forecast period.

Key Recommendations from Analysts

• Our analysts recommend that the all lightweight concrete segment is anticipated to boost the lightweight aggregate concrete market owing to the use of all lightweight concrete in the construction of partition walls and panel walls in frame structures.
• China is expected to be the fastest-growing market for lightweight aggregate concrete in the years to come attributed to the growing demand for commercial, and residential construction as a growing population in this region.
• By application, the civil use category is projected to increase over the forthcoming years attributed to its use in used in industrial and civil construction for insulation
• Moreover, the industrial use category is also anticipated to grow over the forecast period owing to increasing demand for various industrial applications.
• Due to the properties offered by the lightweight aggregate concrete such as durability, and compressive strength, and its use in construction, and structural insulation, the market is anticipated to share the highest growth in the future years.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the lightweight aggregate concrete industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the lightweight aggregate concrete industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the lightweight aggregate concrete market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the lightweight aggregate concrete industry. The lightweight aggregate concrete market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the lightweight aggregate concrete sector. Key strategic developments in the lightweight aggregate concrete market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the lightweight aggregate concrete market are appropriately highlighted in the report.

Lightweight aggregate concrete is produced by using low-density aggregate or lightweight aggregates such as scoria, perlite, clay, shale, slate, tuff, and volcanic pumice. It is the most common type of concrete which includes expanding agents. The expanding agent is used to surge the mixture volume, in lightweight aggregate concrete by decreasing its dead weight. The lightweight concrete density is not more than 2200 kg/m3 while the density of normal concrete is 2300-2400 kg/m3. The lightweight concrete is particle concrete and has an aggregate texture. It absorbs very less water and conducts moisture due to its pores. As compared to normal concrete, the thermal conductivity of this concrete is less. It does not chemically react with cement.

Lightweight aggregate is used to create lightweight concrete products such as concrete structures, paving, and concrete blocks. Due to its properties such as compressive strength, fire resistance, durability, etc. lightweight aggregate concrete is used in various types of construction. In the growing population, the growing demand for commercial, and residential is anticipated to be the major driver for the global lightweight aggregate concrete market within the forecast period.

However, other characteristics such as brittleness, longer mixing time, and sensitivity to water content are some restraint factors that hamper the growth of the global lightweight aggregate concrete market. On the other hand, a rise in infrastructural and construction activities along with innovations in technology are some factors that going to provide opportunities for future growth in the lightweight aggregate concrete market.

Report Scope

The lightweight aggregate concrete market research report delivers an acute valuation and taxonomy of the lightweight aggregate concrete industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2023 to FY 2030.

The regional segmentation of the lightweight aggregate concrete industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Lightweight Aggregate Concrete industry is provided for the leading economies of the world.

The lightweight aggregate concrete market is segmented based on type and application.  On the basis of type segmentation, the market is classified into all lightweight concrete, and sand lightweight concrete. In terms of application segmentation, the market is bifurcated into industrial use, infrastructure, and civil use.

Some of the leading players in the global market include

• Cimpor
•  SCG
•  HEIDELBERG CEMENT
•  China Resources Cement
•  Litagg Corporation
•  Lafarge
•  CRH
•  Italcementi
•  Votorantim
•  U.S. Concrete
•  BuzziUnicem
•  Cemex

The taxonomy of the lightweight aggregate concrete industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• All Lightweight Concrete
• Sand Lightweight Concrete

By Application Segmentation Analysis

• Industrial Use
• Infrastructure
• Civil Use

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa