Global Autoclaved Aerated Concrete (AAC) Market growing at a CAGR of 6.2% from 2023 to 2030
Category : Materials And Chemicals | Published Date : Aug 2024 | Type : Press Release
Key Market Overview
According to the updated research report titled "Autoclaved Aerated Concrete (AAC) Market" published by Consegic Business Intelligence, the AAC market was valued at USD 9,672.81 Million in 2022, and it is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.2%, reaching USD 15,299.40 Million by the year 2030.
The report highlights the ability of autoclaved aerated concrete including blocks, lintels, and panels to offer improved durability and dimensional stability. Consegic Business Intelligence provides a comprehensive research report on the Autoclaved Aerated Concrete (AAC) Market that calculates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Autoclaved Aerated Concrete (AAC) Market By Overview
The report analyses significant segments such as type, application, and region, to identify emerging trends and potential opportunities. The type segment is expected to grow during the forecast period as blocks are increasingly used for the construction of walls to offer fire resistance, soundproof, and an attractive appearance to the buildings. In addition, the growing adoption of green blocks helps in maintaining to offer excellent durability and dimensional stability along with providing insulation, fire resistance, and mold resistance is contributing considerably in propelling the market growth.
Get Free SampleMarket Dynamics
Driver:
- Autoclaved aerated concrete is a green and non-toxic construction material that helps in reducing carbon emissions is driving the market growth.
- The ability of autoclaved aerated concrete to offer superior properties including strength, thermal insulation, and fire resistance is promoting the market growth.
- The increasing trend of using digital technologies in building and construction industry through Building Information Modelling (BLM) is propelling the growth of the market.
Restraints:
- The risk associated with the disintegration of materials resulting in brittle nature of autoclaved aerated concrete blocks is hampering the growth of the AAC market.
- High dependency on traditional clay-fired bricks in developing countries is impeding the growth of the autoclaved aerated concrete market.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | Blocks, Lintels, Wall Panel, Roof Panel, Floor Panel, and Cladding Panel |
| By Application | Commercial, Residential, and Industrial |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The market for autoclaved aerated concrete is highly competitive with major players including Aercon AAC, AKG Gazbeton, Bauroc AS, and Bigbloc Construction vying for the market share in current market circumstances. Further, the Autoclaved Aerated Concrete (AAC) Market is expected to witness significant growth in coming years owing to the rising adoption of environmentally friendly and lightweight materials for residential buildings. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments in the Autoclaved Aerated Concrete (AAC) Market are expected to aid market players to adopt innovative ways of product creation to cater to the growing needs of the manufacturing industry.
- Aercon AAC
- AKG Gazbeton
- Bauroc AS
- Bigbloc Construction
- Biltech Building Elements Limited
- CSR Hebel Australia
- Forterra plc
- H+H International
- HIL Limited
- JK Laxmi Cement Ltd.
- Quinn Building Products
- UltraTech Cement Ltd.
- Xella International GmbH
