The Autoclaved Aerated Concrete Global Market Report 2023 by The Business Research Company, provides autoclaved aerated concrete market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Autoclaved Aerated Concrete Global Market Report 2023, the market size will grow from $14.34 billion in 2022 to $15.95 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global autoclaved aerated concrete market is expected to grow to $24.31 billion in 2027 at a CAGR of 11.1%.
The increasing construction of green buildings is expected to propel the growth of the autoclaved aerated concrete market. Green buildings are more energy-efficient and sustainable so that they have a lower carbon footprint and a minimal impact on the environment.
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The autoclaved aerated concrete market is segmented:
1) By Type: Block, Lintel, Panel, Other Types
2) By Application: Construction Material, Roof Insulation, Roof Sub Bases, Bridge Sub-Structures, Concrete Pipes, Void Filling, Other Applications
3) By End User: Residential, Non-residential
Technological advancement is a key trend gaining popularity in the autoclaved aerated concrete market. Technological advancement is the discovery of knowledge that advances the understanding of technology. For instance, in March 2022, ACC Limited, an India-based cement manufacturing company, launched ACC Airium, based on insulating technology. ACC Airium is an aerated concrete product that provides insulation to the surface during the construction process and is suitable for homes, offices, and buildings.
The autoclaved aerated concrete market report table of contents includes:
1. Executive Summary
2. Autoclaved Aerated Concrete Market Characteristics
3. Autoclaved Aerated Concrete Market Trends And Strategies
4. Autoclaved Aerated Concrete Market - Macro Economic Scenario
5. Autoclaved Aerated Concrete Market Size And Growth
.....
26. Africa Autoclaved Aerated Concrete Market
27. Autoclaved Aerated Concrete Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autoclaved Aerated Concrete Market
29. Autoclaved Aerated Concrete Market Future Outlook and Potential Analysis
30. Appendix
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Latest added Global Autoclaved Aerated Concrete Market research study by AMA Research offers detailed outlook and elaborates market review till 2026.
At present, the market players are strategizing and overcoming challenges of current scenario; The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
Growing Infrastructural Development will help to boost global autoclaved aerated concrete market in the forecasted period.
Autoclaved aerated concrete (AAC), also called as autoclaved lightweight concrete (ALC) or autoclaved cellular concrete (ACC) is an eco-friendly green building material.
The raw material used for the manufacture of AAC is fly ash, which is a leftover product of thermal power plants.
Furthermore, governments are increasingly focusing on developing infrastructure facilities in rural areas.
The global Autoclaved Aerated Concrete Market 2020 profit rose from the valuation of 7.2 Billion in 2018, as it is anticipated to expand at a CAGR of 6.30% through the forecast period 2019–2025.
These factors have taken the market of autoclaved aerated concrete to the next level, thus witnessing optimum growth parameters in the forecast period.The high demand for autoclaved aerated concrete has been one of the concrete reasons for the market’s growth for a few years.
Such growth is hyped mainly through rapid industrialization and urbanization across emerging countries.In the last, even the construction sector has been given a push by affordable housing schemes through governing bodies, as they launched it around the globe.
Therefore, owing to their wide range of applications, the use of autoclaved aerated concrete materials has continued to increase in the construction sector, thus serving the best in accumulating market valuation for the foreseeable years.Get Free Sample Report: https://www.marketresearchfuture.com/sample_request/8648Market Key PlayersThe well-known leading players in the Global Autoclaved Aerated Concrete Market are listed as ACICO Industries (Kuwait), Wehrhahn GmbH (Germany), AERCON AAC (India), Biltech Building Elements Limited (India), JK Lakshmi Cement Ltd. (India), Aircrete Europe B.V. (Netherlands), Masa Group (Germany), Broco Industries (Indonesia), Xella Group (Germany), and AERCON AAC (US).Segmentation of Market: Autoclaved Aerated ConcreteThe Global Autoclaved Aerated Concrete Market’s segmental analysis has been conducted on product type, size application, and End-use.The market based on product type includes lintel, block, floor and roof panel, cladding panel, wall panel, tile, and more.
Therefore, this segment might occupy the majority of the market share in the forecast period.The market based on the application includes building roof insulation, construction materials, road construction, void filling, bridge substructure, and others.
Among these, the building construction material segment occupies the majority of market share in the market.The market based on end-use includes residential, commercial, industrial, and infrastructure.
According to a new market report published by Transparency Market Research titled ‘Autoclaved Aerated Concrete Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ the global autoclaved aerated concrete market was valued at around US$ 11 Bn in 2017 and is projected to reach nearly US$ 20 Bn by 2026, expanding at a CAGR of above 7% between 2017 and 2026.Autoclaved aerated concrete (AAC), also known as autoclaved cellular concrete (ACC) or autoclaved lightweight concrete (ALC), is a lightweight precast building material whose adoption has been on the rise recently.Although the product has been used since 1923, it has garnered immense popularity recently, due to its ability to provide rigid structure, insulation, fire resistance, and economy of construction.
AAC is used as an eco-friendly green building material in residential, commercial, and other types of construction.
It is manufactured using fly ash, which is an unavoidable waste of thermal power plants and is available in abundance.
Overall increase in construction and infrastructure-related activities worldwide has resulted in rise in demand for residential, commercial, and industrial construction, leading to consistent expansion in the building materials industry.
Moreover, the process time required in case of panels and lintels for pressure rise and curing in autoclaves is almost twice that of blocks.Affordable Housing in Emerging Nations:The demand for affordable housing is likely to remain robust, driven by a rising population, young demographic profile, shift toward nuclear families, and rapid urbanization.
Housing shortage is expected to increase from the current level of 19 million units to 25 million by 2021, based on a stable decadal growth rate.The demand for Autoclaved Aerated Concrete Market is Primarily Driven by the Increasing Use of AAC Blocks as a Preferred Building MaterialThe autoclaved aerated concrete market has been segmented based on product and end-use.
