This report was recently updated on April 11 2024 with the latest and most recent
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Global Autoclaved Aerated Concrete (AAC) Market Size, Trends & Analysis - Forecasts to 2026 By Element (Blocks, Beams & Lintels, Cladding Panels, Wall Panels, Roof Panels, Floor Elements), By Application (Construction Materials, Road Sub Bases, Roof Insulation, Bridge Sub-Structure, Void Filling, Concrete Pipes), By End User (Residential Buildings, Commercial Buildings, Infrastructure), By Region (North America, Europe, Asia Pacific, MEA, CSA); End User Landscape, Vendor 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 & soundproof buildings are some of the major factors expected to drive the market growth over the coming years. The increasing urbanization & industrialization, rising demand for lightweight construction materials, and growing preferences for low-cost houses are the factors driving the market growth. Moreover, the growth in infrastructure developments worldwide is one of the significant factors propelling the market growth. However, lack of awareness and cracking of autoclaved aerated concrete products are some of the factors restraining the market over the coming years.
Autoclaved Aerated Concrete (AAC) Market Size: By Element
Based on element, the global autoclaved aerated concrete (AAC) market is segmented into blocks, beams & lintels, cladding panels, wall panels, floor elements, and roof panels, among others. The blocks segment is expected to grow at a high CAGR during the forecast period. AAC blocks are popular among other types due to their economical, adaptable, and quick development arrangement. The increasing demand for AAC blocks in residential as well as non-residential industries drives the rapid growth of the market.
Autoclaved Aerated Concrete (AAC) Market Size: By Application
Based on application, the global autoclaved aerated concrete (AAC) market is segmented into construction materials, road sub bases, roof insulation, bridge sub-structure, void filling, and concrete pipes. The construction materials segment is estimated to hold the largest market share during the forecast period. The growing demand owing to such properties, such as higher tensile strength and higher degree of compression over concrete drives the lucrative growth of the market.
Autoclaved Aerated Concrete (AAC) Market Size: By End-User
Based on end-user, the global autoclaved aerated concrete (AAC) market is segmented into residential buildings, commercial buildings, and infrastructure. The residential segment is projected to hold the largest market share in terms of volume during the forecast period. The increasing need for lightweight and environmentally sustainable building materials in residential construction is driving the market growth.
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. The Asia Pacific region is projected to hold the largest market share during the forecast period. The growing population and urbanization in the region is expected to drive the growth of the market. China’s emergence as a global manufacturing hub has increased the demand for blocks, cheap labor, and easy availability of raw materials to boost the production of these materials in the region. The APAC autoclaved aerated concrete market is expected to demonstrate the fastest growth during the forecast period, due to the development of smart cities and green buildings, including the commercial, and residential buildings. Moreover, increasing government investments in infrastructure projects is also expected to propel the growth of the regional market.
Autoclaved Aerated Concrete (AAC) Market Share & Competitor Analysis
Some of the key players operating in the autoclaved aerated concrete (AAC) market include: Xella Group, H+H International, SOLBET, Biltech Building Elements Limited, CSR Hebel, AKG Gazbeton, Bulidmate, Brickwell, Bauroc International AS, Eastland Building Materials Co., Ltd., JK Lakshmi Cement, ACICO, AERCON AAC, UltraTech Cement Ltd., and Wehrhahn GmbH, and UAL Industries Ltd. among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In April 2019, CSR Hebel established its AAC manufacturing facility located in Somersby, NSW for USD 75 million which will allow the company to double its current capacity and will help the company to serve the growing demand from the Australian housing market.
Check the Press Release on Global Autoclaved Aerated Concrete (AAC) Market 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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