Lightweight Aggregate Concrete (LWAC) is a concrete mixture that contains lightweight aggregates, such as sand, vermiculite, perlite, or other materials with a low density. As compared to normal weight concrete, LWAC has a reduced amount of density, which makes it lighter and easier to work with, requiring less force and less equipment when manipulating.
The primary benefit of LWAC is that it is easier to transport and maneuver than normal-weight concrete, which can save time and money during construction projects. Additionally, it has additional soundproofing properties, thermal insulation, high fire resistance, and increased compressive strength. Additionally, it is often used as wall and ceiling insulators and void fillers.
The global demand for LWAC has been on the rise over the past few years due to its advantages over normal-weight concrete in terms of ease of transportation and manipulation, as well as for its ability to reduce the weight of construction materials. The demand for lightweight concrete is expected to continue to rise, as the cost and environmental impact of traditional construction materials are increasingly taken into consideration.
The global Lightweight Aggregate Concrete market was valued at US$ 7745.8 million in 2022 and is anticipated to reach US$ 9484.5 million by 2029, witnessing a CAGR of 2.9% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Lightweight Aggregate Concrete Market available at: https://www.themarketreports.com/report/global-lightweight-aggregate-concrete-market-research-report
This report aims to provide a comprehensive presentation of the global market for Lightweight Aggregate Concrete, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lightweight Aggregate Concrete.
The major global companies of Lightweight Aggregate Concrete include CRH PLC, Boral Limited, LafargeHolcim, Cemex, Cimpor, HeidelbergCement Group, Votorantim Cimentos, Charah Solutions, Titan America LLC, Buzzi Unicem, Salt River Materials Group, SEFA Group, Huaxin Cement etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
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