Global Autoclaved
Aerated Concrete Market was valued at USD9.85 billion in 2021 and is
anticipated to project a robust growth in the forecast period with a CAGR of 7.25%
owing to rising infrastructure development and expansion of AAC production
capacities.
AAC (Autoclaved Aerated
Concrete) is a precast, lightweight foam concrete building material that can be
used to make concrete masonry units such as blocks. Quartz sand, calcined
gypsum, lime, cement, water, and aluminum powder make up the mixture.
Structure, insulation, and fire and mold resistance are all provided by AAC.
AAC products can be used for both indoor and outdoor construction, and they can
be painted or coated with a plaster mix to protect them from the weather. Global Autoclaved
Aerated Concrete Market is
further classified on the basis of Product Type (Block, Lintel, Floor Elements,
Roof Panel, Wall Panel, Cladding Panel, and Others)
Research & Development in
Autoclaved Aerated Concrete Driving Market Growth
AAC in buildings
primarily contributes to a more sustainable and energy-efficient built
environment. To further reduce the built environment's carbon footprint,
efforts are being made to investigate and produce upgraded AAC with improved
decarbonization capabilities. One such study was carried out in Malaysia, where
AAC was produced using recycled AAC instead of sand, encouraging a circular
economy. Another noteworthy study was conducted by IIT Delhi, in which
researchers created AAC using fly ash waste from thermal power plants. AAC is
predicted to gain a solid foothold in the construction industry as a result of
several research and advancements.
Expansion of AAC Production
Capacities
With the
numerous advantages of utilizing AAC over traditional fly ash bricks, such as
thermal insulation, energy efficiency, acoustic insulation, and simplicity of
application, the demand for AAC has been on the rise, particularly in the
construction of residential and commercial structures. In industrialized
countries, the usage of AAC is becoming more popular, boosting the green
building revolution. As a result of the rising demand for AAC, producers have
been forced to expand their manufacturing facilities. H+H International, for
example, intends to increase its wall-building material production in Germany.
Booming Global
Real Estate
Given the rising economic
prospects in cities, the globe expects metropolitan areas to nearly double in
size by 2050. The expansion of metropolitan regions signals the growth of the
global real estate sector, which includes residential, educational, healthcare,
retail, and office sectors. With the continued addition of spaces in the real
estate sector and booming investments from both the government and the private
sector, real estate is expected to grow even more, but with transformed
construction practices to better suit the environmental sustainability and
resilience required to sustain owing to various natural calamities that are
likely to rise due to climate change and construction activities extending into
calamity prone areas.
The Net Zero Carbon Buildings
Commitment Aids in Market Growth
Urban areas now house about
55 percent of the world's population, resulting in roughly 70 percent of global
carbon emissions from residential and commercial buildings, as well as diverse
urban processes. Buildings account for approximately 40% of the total carbon
emitted by cities. With the present population expected to double by 2050, the
cities face the combined challenge of rapid urban infrastructure construction
to handle the rising population while also providing residents with a
sustainable and energy-efficient environment with a lower carbon footprint.
Non-governmental organizations working on a global scale are enacting a variety
of policies to achieve this.
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Market Segmentation
The Global Autoclaved Aerated
Concrete Market is segmented based on Product Type, End User, Application, Region,
and by Company. Based on Product Type, the market is further fragmented into Block,
Lintel, Floor Elements, Roof Panel, Wall Panel, Cladding Panel, and Others.
Based on End User, the market is segmented into Residential, Commercial,
Industrial, Infrastructure. Also, segmentation of the market on the basis of the
Application is done into Construction Materials, Road Construction, Roof
Insulation, Bridge Sub-Structure, Void Filling, and Others. The market analysis
also studies the regional segmentation divided among North American region, Asia-Pacific
region, European region, Middle East & African region, South American
region. The North America autoclaved
aerated concrete market stood at USD2.54 billion in the year 2021 and is
projected to grow at a CAGR of 7.43% during the forecast period. North America comprises
some of the most infrastructurally sound nations, such as the United States,
Canada, and Mexico. Housing the global headquarters of most of the biggest
multinational companies, the North American region will likely see a rapid rise
in migration of professionals and students from other countries, boosting
demand for commercial and residential infrastructure in the region.
Company Profiles
Biltech Building Elements
Limited, Xella International GmbH, CSR Limited, UAL Industries Limited, H+H
International A/S, JK Lakshmi Cement Ltd., Mannok Holdings, Aercon AAC,
Buildmate Projects Pvt Ltd., Eastland Building Materials Co., Ltd, Bauroc AS are among the major market
players in the Global Autoclaved Aerated Concrete Market.
Attribute
|
Details
|
Market size value in 2021
|
USD 9.85 Billion
|
Revenue Forecast in 2027
|
USD 15.18 Billion
|
United States Market size value in 2021
|
USD 1.67 Billion
|
Growth Rate
|
7.25%
|
Base Year
|
2021
|
Historical Years
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023 – 2027
|
Quantitative Units
|
Revenue in USD Billion, and CAGR for 2017-2021 and 2022E-2027F
|
Report Coverage
|
·
Revenue forecast, company
share, competitive landscape, growth factors, and trends
|
Segments Covered
|
·
Product Type
·
End User
·
Application
|
Regional Scope
|
Europe; Asia-Pacific; North America; Middle East & Africa;
South America
|
Country Scope
|
United States; Mexico; Canada; China; Japan; India; Australia;
South Korea; Germany; United Kingdom; France; Italy; Spain; Saudi Arabia; UAE;
South Africa; Brazil; Argentina; Colombia.
|
Key Companies Profiled
|
Biltech Building Elements Limited, Xella International GmbH, CSR
Limited, UAL Industries Limited, H+H International A/S, JK Lakshmi Cement
Ltd., Mannok Holdings, Aercon AAC, Buildmate Projects Pvt Ltd., Eastland
Building Materials Co., Ltd, Bauroc AS.
|
Customization Scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
Pricing and Purchase Options
|
Avail customized purchase
options to meet your exact research needs. Explore purchase
options
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request)
|
Report Scope:
In this report, Global Autoclaved
Aerated Concrete Market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Global Autoclaved Aerated Concrete Market, By Product Type:
o
Block
o
Wall
Panel
o
Roof Panel
o
Cladding
Panel
o
Floor Elements
o
Lintel
o
Others
·
Global Autoclaved
Aerated Concrete Market, By
End User:
- Residential
- Commercial
- Industrial
- Infrastructure
- Global Autoclaved Aerated Concrete
Market, By Application:
- Construction Materials
- Roof Insulation
- Bridge Sub-Structure
- Road Construction
- Void Filling
- Others
·
Global Autoclaved
Aerated Concrete Market,
By Region:
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- North America
- United States
- Canada
- Mexico
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Iraq
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Global Autoclaved Aerated Concrete
Market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).