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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Autoclaved Aerated Concrete (AAC) Market Outlook
The global autoclaved aerated concrete (AAC) market attained a value of about USD 22.03 billion in 2023. The market is further expected to grow at a CAGR of 6.30% during the forecast period of 2024-2032 to reach almost USD 38.28 billion by 2032.
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Rising Construction Activities Around the World is Boosting the Growth of the Market
The growth in the global market for autoclaved aerated concrete (AAC) is observed to be driven from the rising construction activities around the world. The rise in residential and commercial construction projects globally are aided by rising disposable incomes, rising global populations, and growing urbanisation and industrialisation. These factors are pushing the demand for high quality construction material such as autoclaved aerated concrete (AAC) owing to properties like thermal insulation, fire, termite, and seismic resistant, lightweight composition, easy application, and energy-efficient and sustainable properties of the product. In addition to this, the increasing demand for affordable housing solutions coupled with rising inclination towards green and soundproof building are additional factors propelling the growth of the market. Furthermore, the demand for AAC is being invigorated by factors such as imposition of stringent construction regulations mandating the use of building materials that are efficient in preventing damage to the structure in case of natural or man-made calamities.
Autoclaved Aerated Concrete (AAC): Market Segmentation
Autoclaved aerated concrete (AAC) refers to a building material made with fine aggregates, cement, and an expansion agent. These mixtures are then made into blocks, panels, and elements for use in commercial and residential construction projects.
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On the basis of element, the market can be divided into:
- Blocks
- Beams and Lintels
- Cladding Panels
- Roof Panels
- Wall Panels
- Floor Elements
- Others
The market, based on end use industry, can be classified into:
- Residential
- Non- Residential
The EMR report looks into the regional markets of autoclaved aerated concrete (AAC) like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Focus on Green Construction to Positively Influence the Market Growth of Autoclaved Aerated Concrete
The global market for autoclaved aerated concrete (AAC) is being driven by the rising trends surrounding green building construction. The rise in global warming and rapidly growing problem of climate change are factors pushing the adoption of green materials for infrastructural development. AAC is produced with fly ash, which is residual material from thermal power plants and is non-toxic in nature. In addition, the manufacturing process of autoclaved aerated concrete (AAC) materials like blocks and panels is non-pollution and poses no threat to the environment. Further, the lightweight composition of AAC over clay bricks reduces the overall weight of the structure and adds to the sustainability of the building. These green characteristics are thus impelling the adoption of AAC over traditional building material and hence, adding to the market growth. The growth of the market can further be associated with the sound-locking properties of the product, owing to which it is being used in commercial constructions like hotels, schools, and hospitals, along with residential constructions.
Key Industry Players in the Global Autoclaved Aerated Concrete (AAC) Market
The report presents a detailed analysis of the following key players in the global autoclaved aerated concrete (AAC) market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
- Aercon Florida Llc
- AKG Gazbeton.
- Biltech Building Elements Limited
- Solbet Sp Z.O.O.
- UAL Industries Ltd
- Others
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Element |
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| Breakup by End Use Industry |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global autoclaved aerated concrete (AAC) market attained a value of about USD 22.03 billion in 2023.
The market is projected to grow at a CAGR of 6.30% in the forecast period of 2024-2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about USD 38.28 billion by 2032.
The market is being driven by the rising applications of autoclaved aerated concrete (AAC) in residential and commercial construction projects owing to favourable properties like fire and noise resistance, thermal insulation, and lightweight composition, among others.
The market growth is being determined by the rise in green construction. As AAC is made from non-toxic products and involves non-pollution manufacturing practices, the market is being driven by its sustainable properties.
The major regional markets for autoclaved aerated concrete (AAC) are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The significant elements of autoclaved aerated concrete (AAC) are blocks, beams and lintels, cladding panels, roof panels, wall panels, and floor elements, among others.
The major end use industries of autoclaved aerated concrete (AAC) are residential and non-residential.
The major players in the industry are Aercon Florida Llc, AKG Gazbeton., Biltech Building Elements Limited, Solbet Sp Z.O.O., and UAL Industries Ltd, among others.
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