Global Autoclaved Aerated Concrete (AAC) Market Report and Forecast 2024-2032

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