Aarkstore Enterprise
AARKSTORE.COM - GLOBAL FOAM CONCRETE MARKET FORECAST 2022
Foam concrete is classified under lightweight aerated concrete, which is a slurry of cement with minimum 20% of foam entrained. Foam concrete is used in construction material due to the cheap price and suitable insulation property. Foam concrete helps to reduce weight and cost of construction due to a lighter density. Continuous economic development and improving our quality of life are the key parameters driving the lightweight concrete and foam concrete markets. Globally, the demand for foam concrete is growing consistently, especially in Asia Pacific and Europe. This growth is supported by increasing residential and construction industries in these regions. Currently, Asia Pacific is the global leader in the foam concrete market. China and India have built an advantage of having most of the manufacturing and infrastructure market, thus providing the maximum contribution in the regional and global foam concrete market. Europe is the second major consumer of global foam concrete market owing to high residential demand. APAC along with Middle East & African countries is expected to witness high growth rate during the forecast period due to growing industrialization.