TechSci Research’s report “Autoclaved Aerated Concrete Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027” states that the global autoclaved aerated concrete market reached USD 9.85 billion in 2021 and is projected to grow at a CAGR of 7.25% during the forecast period of 2023-2027. The demand for autoclaved aerated concrete is driven by the flourishing construction sector, high demand for lightweight construction materials, and increasing focus on the construction of green buildings. Autoclaved aerated concrete offers numerous advantages over traditional ash bricks, such as higher energy efficiency, ease of application, and thermal insulation, resulting in increased demand for commercial and residential construction. Developed countries are using autoclaved aerated concrete materials for construction and infrastructure development, which make buildings sustainable and energy-efficient.
Market players are investing in the construction of advanced facilities and technologies to enhance productivity and develop advanced materials with higher decarbonization properties. However, the high manufacturing cost of autoclaved aerated concrete over traditional construction material and lack of awareness may hinder market growth over the next five years.
Browse over 115 market data Figures spread through 180 Pages and an in-depth TOC on “Global Autoclaved Aerated Concrete Market”
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The global autoclaved aerated concrete market is segmented into product type, end user, application, region, and by company.
The global autoclaved aerated concrete market is categorized into various product types, including block, lintel, floor elements, roof panel, wall panel, cladding panel, and others. Block products held the largest market share in 2021, covering 43.18% of the market. The high demand for autoclaved aerated concrete in both residential and non-residential construction offers numerous advantages, including increased insulation capabilities and easier installation compared to traditional construction materials.
Furthermore, the market is divided into different end users, such as residential, commercial, industrial, and infrastructure. The residential segment dominated the market in 2021, with a 36.46% market share and is expected to grow at a CAGR of 6.98% in the forecast period. The growing demand for lightweight and energy-efficient building materials for construction is expected to accelerate the market growth in the forecast period. Buildings contribute significantly to the growing pollution levels, which is why leading authorities are promoting the construction of green buildings.
Europe accounted for the largest market share in the global autoclaved aerated concrete market at 33.63%, according to regional analysis. The presence of leading companies and manufacturing units in the region is the major reason for this. People are aware of the benefits of using energy-efficient construction materials and are extensively using them to construct their houses. The ongoing Urban Transformation Campaign in the region is also expected to play a significant role in accelerating the demand for the autoclaved aerated concrete market through the next five years.
The leading companies operating in the global autoclaved aerated concrete market are :
- 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
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“The rise in efforts taken by leading authorities to lower carbon emissions and the launch of various initiatives such as the initiative by the World Green Building Council to achieve net-zero carbon commitment by 2030 from building and construction activities in the urban cities are expected to surge the demand for sustainable construction materials like AAC. Construction of smart buildings by using internet of things (IoT) technology and other advanced materials and techniques to upgrade the existing building infrastructure and transform it into a green building is expected to propel the global autoclaved aerated concrete market growth through 2027”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Autoclaved Aerated Concrete Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027, Segmented By Product Type (Block, Lintel, Floor Elements, Roof Panel, Wall Panel, Cladding Panel, and Others), By End User (Residential, Commercial, Industrial, Infrastructure), By Application (Construction Materials, Road Construction, Roof Insulation, Bridge Sub-Structure, Void Filling, and Others), By Region”, has evaluated the future growth potential of global autoclaved aerated concrete market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global autoclaved aerated concrete market.
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