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Global Autoclaved Aerated Concrete (AAC) Market Size, Trends & Analysis- Forecasts to 2026 By Element (Blocks, Beams & Lintels, Cladding Panels, Roof Panels, Wall Panels, Floor Panels, Others), By End-Use Industry (Residential, Non-Residential), By Region (Asia Pacific, Europe, North America, MEA, CSA); Vendor Landscape, End-User Landscape, and Company Market Share Analysis & Competitor Analysis
Autoclaved Aerated Concrete (AAC) Market Insights
The global autoclaved aerated concrete (AAC) market is estimated to witness a significant CAGR during the forecast period (2020-2026). Growing demand from the construction industry along with an increased emphasis on green buildings are some of the major factors expected to drive the market growth. Growing urbanization and industrialization, the rising development in the infrastructure sector, increasing demand for lightweight construction materials, and rising preferences for low-cost houses are the major factors driving the market growth. Autoclaved Aerated Concrete (AAC) is a lightweight and eco-friendly building material that provides structure, insulation, and resistance to fire and mold. AAC is manufactured to bind closed air pockets, which make it easily mouldable and lightweight as per the requirement of the construction. However, the high manufacturing cost of AAC blocks and lack of awareness are some of the factors hampering the market growth.
Autoclaved Aerated Concrete (AAC) Market Size: By Product
Based on product, the autoclaved aerated concrete (ACC) market is segmented into blocks, beams & lintels, cladding panels, roof panels, wall panels, and floor elements, among others. The blocks segment is projected to grow at a high CAGR during the forecast period. Furthermore, the beams & lintels segment is expected to witness considerable growth over the period.
Autoclaved Aerated Concrete (AAC) Market Size: By End-Use Industry
Based on the end-use industry, the autoclaved aerated concrete (ACC) market is segmented into residential, and non-residential, among others. The residential segment is expected to hold the largest market share during the forecast period due to the rising requirement of lightweight and environmentally friendly building materials in residential constructions. Furthermore, the commercial segment is expected to grow at a high CAGR during the forecast period due to the growing population, rapid urbanization, and the growing number of companies and start-ups, among others.
Autoclaved Aerated Concrete (AAC) Market Size: By Region
Based on region, the global autoclaved aerated concrete (AAC) market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Asia Pacific region accounts for the largest market share and is also projected to grow at a high CAGR during the forecast period due to the increasing demand for blocks and growth of emerging countries like India and China. Growing population, rapid urbanization, and rising demand from the construction sector are the major factors driving the market growth. Moreover, cheap and easy availability of labours and raw materials fuels the production of autoclaved aerated concrete (ACC) material in the region.
Autoclaved Aerated Concrete (AAC) Market Share & Competitor Analysis
Some of the key players operating in the global autoclaved aerated concrete (AAC) market include: SOLBET, ACICO, AERCON AAC, UltraTech Cement Ltd., Xella Group, CSR Ltd., H+H International, AKG Gazbeton, Bulidmate, Brickwell, Bauroc International AS, Eastland Building Materials Co., Ltd., JK Lakshmi Cement, Biltech Building Elements Limited, and Wehrhahn GmbH, and UAL Industries Ltd. among others.
. Please note: This is not an exhaustive list of companies profiled in the report.
Autoclaved Aerated Concrete (AAC) Market: By End-Use Industry
Autoclaved Aerated Concrete (AAC) Market: By Element
Autoclaved Aerated Concrete (AAC) Market: By Region
The global Autoclaved Aerated Concrete (AAC) Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Autoclaved Aerated Concrete (AAC) Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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