Quick Summary:
The global autoclaved aerated concrete (AAC) market is gaining significant momentum and is expected to continue its growth trajectory in the coming years. As a prefabricated, lightweight building material, AAC boasts of various benefits, including fire resistance, thermal insulation, and energy efficiency. Used extensively in quick installation of walls, roofs, and floors, it has become a top choice for both the commercial and residential sector in constructing interior and exterior structures.
Driving this market is the increasing preference for lightweight construction materials, heightened interest in low-cost housing, increasing demand for soundproof buildings, and the adoption of eco-friendly certified green building materials. This report provides an in-depth analysis on the current trends in the AAC market and forecasts at global, regional and country level, from 2023-2028. It also presents strategic insights into the competitive landscape of the industry, including profiles of key players such as Aercon AAC, AKG Gazbeton, and Xella Group, amongst others. Elevate your understanding of the market and make informed business decisions with this comprehensive report on the autoclaved aerated concrete market.
Autoclaved aerated concrete (AAC), or autoclaved cellular concrete, refers to a prefabricated, lightweight building material that is manufactured from quartz, sand, aggregates, lime, gypsum, and expansion agents. It constitutes an excessive amount of air that reduces the overall weight and density of the product. AAC is extensively used for the quick installation of walls, roofs, and floors due to its durability, fire resistance, thermal insulation, and energy efficiency. Currently, it is commercially available in varying forms, such as blocks, tiles, lintel, and panels.
Autoclaved Aerated Concrete (AAC) Market Trends:
The widespread adoption of AAC across the commercial and residential sectors for constructing interior and exterior structures is one of the key factors driving the market growth. In line with this, the increasing demand for lightweight construction materials and the rising inclination of end users toward AAC due to its various benefits are acting as other growth-inducing factors. Additionally, the shifting preference for low-cost houses and the increasing demand for soundproof buildings are boosting the market growth. Furthermore, numerous initiatives undertaken by the governments of various nations for strengthening and renovating existing infrastructure are contributing to the market growth. Apart from this, strategic collaboration among the key players and the increasing investments in the research and development (R&D) activities for producing industrial by-products through recycling AAC waste to minimize the disposal in landfills are creating a positive outlook for the market across the globe. Other factors, such as rapid urbanization and industrialization, growing construction and development activities, the introduction of eco-friendly certified green building materials, and rising environmental consciousness among individuals, are providing an impetus to the market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global autoclaved aerated concrete (AAC) market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on type, application and end user.Breakup by Type:
- Blocks
- Beams and Lintels
- Cladding Panels
- Roof Panels
- Wall Panels
- Floor Elements
- Others
Breakup by Application:
- Construction Materials
- Road Construction
- Roof Insulation
- Bridge Sub-Structure
- Void Filling
- Others
Breakup by End User:
- Residential
- Non-Residential
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aercon AAC, AKG Gazbeton, Bauroc AS, Biltech Building Elements Limited, Buildmate Projects Pvt. Ltd., CSR Limited, Eastland Building Materials Co. Ltd., H+H International A/S, HIL Limited, JK Lakshmi Cement Ltd., UAL Industries Limited, UltraTech Cement Ltd. (Aditya Birla Group) and Xella Group.Key Questions Answered in This Report
1. What was the size of the global autoclaved aerated concrete (AAC) market in 2022?2. What is the expected growth rate of the global autoclaved aerated concrete (AAC) market during 2023-2028?
3. What are the key factors driving the global autoclaved aerated concrete (AAC) market?
4. What has been the impact of COVID-19 on the global autoclaved aerated concrete (AAC) market?
5. What is the breakup of the global autoclaved aerated concrete (AAC) market based on the type?
6. What is the breakup of the global autoclaved aerated concrete (AAC) market based on the application?
7. What is the breakup of the global autoclaved aerated concrete (AAC) market based on end user?
8. What are the key regions in the global autoclaved aerated concrete (AAC) market?
9. Who are the key players/companies in the global autoclaved aerated concrete (AAC) market?
What is the estimated value of the Global Autoclaved Aerated Concrete Market?
What is the growth rate of the Global Autoclaved Aerated Concrete Market?
What is the forecasted size of the Global Autoclaved Aerated Concrete Market?
Who are the key companies in the Global Autoclaved Aerated Concrete Market?
Report Attribute | Details |
---|---|
No. of Pages | 141 |
Published | September 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 19.8 Billion |
Forecasted Market Value ( USD | $ 28.4 Billion |
Compound Annual Growth Rate | 6.2% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |
Table of Contents
Companies Mentioned
- Aercon AAC
- AKG Gazbeton
- Bauroc AS
- Biltech Building Elements Limited
- Buildmate Projects Pvt. Ltd.
- CSR Limited
- Eastland Building Materials Co. Ltd.
- H+H International A/S
- HIL Limited
- JK Lakshmi Cement Ltd.
- UAL Industries Limit
Methodology
LOADING...