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Autoclaved Aerated Concrete (AAC) Market Size, Industry Share & Growth Analysis, By Elements (Blocks, Beams & Lintels, Cladding Panels, Wall Panels, Roof Panels, Floor Elements, Others), By Application (Residential, Non-Residential) And Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI104296 | Status : UpcomingThe global autoclaved aerated concrete (AAC) market is experiencing significant growth, fueled in large part by the rapid expansion of the building and construction sector. Government initiatives promoting construction activity are a major driver of this AAC market expansion.
Autoclaved aerated concrete (AAC) also known as aerated concrete is a light-weight readymade foam concrete construction material appropriate for producing concrete masonry unit (CMU) like blocks. It is primarily made up of lime, calcined gypsum, quartz sand, aluminum powder, cement, and water. AAC products are cured in an autoclave in presence of heat and pressure. This type of concrete is used for interior as well as exterior application. They can be painted and coated simultaneously providing structure, fire resistance, mold resistance, and insulation.
Swift industrialization and urbanization in developing regions like Southeast Asia, Latin America, and Africa is likely to boost the constructional activities. Attributed to the light-weight nature and energy efficiency of AAC, contactors and engineers prefer AAC blocks which is anticipated to propel the autoclaved aerated concrete industry growth. Additionally, the energy consumed for production of AAC is comparatively lower than other masonry alternative which is expected to augment the market. However, AAC is aerated which makes it porous and brittle. These AAC products need to be handled carefully than other materials like clay bricks. This is expected to hinder the autoclaved aerated concrete market growth.
Market Segmentation:
Based on elements, the global autoclaved aerated concrete industry is segmented into blocks, beams & lintels, cladding panels, wall panels, roof panels, floor elements. Based on application, is segmented into residential and non-residential.
From a geographical standpoint, the aac market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
- Xella Group
- H+H International
- ACICO
- Ultratech Cement
- Aercon AAC
- Eastland Building Materials
- Others
Key Insights
- Key Emerging Trends – For Major Regions
- Key Developments: Mergers, Acquisitions, Partnerships, and Others
- Latest Technological Advancement
- Regulatory Landscape
- Porters Five Forces Analysis
- Impact of COVID-19 on the Market
Regional Autoclaved Aerated Concrete Market Analysis:
The autoclaved aerated concrete market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is estimated to account for the largest share in market attributed to the rapid pace of industrial growth and constructional activities. Additionally, the tremendous construction growth in countries like China, Japan, and India is expected to boost the market. North America is expected to witness substantial growth attributed to the increasing infrastructural activities. Europe is expected to experience significant growth due to high demand for light-weight and efficient building material. Latin America and Middle East & Africa is projected to exhibit slow growth during the forecast period.
Segmentation
ATTRIBUTE | DETAILS |
By Elements |
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By Application |
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By Geography |
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AAC Industry Developments
- In April 2019, CSR Hebel set up its new manufacturing facility which doubled the existing capacity of AAC at the Somersby NSW plant. This was step taken to support the growing demand from Australian residential sector.
- Global
- 2023
- 2019-2022