Global Autoclaved Aerated Concrete Market is Likely to Grow at a CAGR Value of 6.9% By 2028

The global autoclaved aerated concrete market size was worth USD 17.8 billion in 2021 and is estimated to grow to USD 26.5 billion by 2028, with a compound annual growth rate (CAGR) of approximately 6.9 percent over the forecast period. The report analyzes the autoclaved aerated concrete market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the autoclaved aerated concrete market.

An environmentally friendly green building material is autoclaved aerated concrete (AAC), often referred to as autoclaved cellular concrete (ACC) or autoclaved lightweight concrete (ALC). Fly ash, a byproduct of thermal power plants, is the primary raw material used to create autoclaved aerated concrete. AAC is superior to other building materials in several ways. The device offers a special blend of lightweight, robust construction, affordability, and durability. AAC enables quick building. The product provides thermal and acoustic insulation, improving safety and lowering heating and cooling energy costs. Cement and an expansion agent, usually aluminum powder, are the key ingredients used in the production of AAC. To minimize the density and total weight of the product, this form of concrete is mostly made up of air, which the expansion agent induces to a degree of about 80%. Most of these are employed in residential, commercial, industrial, and other settings.

The market for autoclaved aerated concrete is being driven by factors such as rising urbanization & industrialization, expansion in the infrastructure industry, increased use of autoclaved aerated concrete in industrial construction, increased demand for lightweight building materials, rising preferences for affordable housing, and an ever-intensifying focus on green & soundproof structures. Autoclaved aerated concrete uses a very small amount of energy compared to manufacturing other building materials. Over the next years, there will likely be an increase in demand for autoclaved aerated concrete due to rising regional government initiatives and a growing real estate market. Additionally, because autoclaved aerated concrete is made from natural raw materials and is three times as big as the raw materials it replaces, no toxic pollutants are released into the air, water, or land during production. This makes AAC products incredibly resource-efficient and environmentally friendly. A lack of understanding partly constrains the expansion of the global autoclaved aerated concrete (AAC) market.

The global autoclaved aerated concrete market is segregated based on elements, end-use industry, and regions. Based on elements, the market is divided into blocks, beams & lintels, cladding panels, roof panels, wall panels, floor elements, and others (including pipes, small boxes, and joint fillers). In 2021, the autoclaved aerated concrete blocks dominated the market. Based on the end-use industry, the market is divided into residential and non-residential. The non-residential category dominated the market in 2021.

The global autoclaved aerated concrete market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The Asia Pacific held a market share of more than 40% worldwide in 2021. Given the tremendous development rates of important nations like China and India across various industry sectors, Asia Pacific is one of the world's fastest-growing regions. The Asia Pacific is the largest revenue market for autoclaved aerated concrete due to the rapid expansion of this region's demand. Countries in the region are increasingly focusing on constructing green structures as part of a strategy to comprehend a sustainable future and search for doable yet efficient development methods. Autoclaved aerated concrete is widely used in developing nations because it is relatively affordable and efficient. In 2021, the North American market's revenue grew quickly due to the many techniques market participants use to increase revenue potential. Rapid income growth is the reason several significant players are present in the region's nations. The market in North America is also expanding due to rising investments in technological developments made by nations in the region that produce AAC. The United States is a significant industrialized country with a variety of large, medium, and small-scale enterprises. The nation is renowned for its thriving business sector.

Key players in the global autoclaved aerated concrete market include Buildmate Projects Pvt. Ltd., Biltech Building Elements Limited, AKG Gazbeton, Aercon Florida Llc, Solbet Sp ZOO, UAL Industries Ltd, H+H International A/S, JK Lakshmi Cement, Xella Group, CSR Ltd., UltraTech Cement Ltd., Quinn Building Products, Bauroc International AS, and Wehrhahn GmbH.

Recent Development:

• In April 2019, CSR Hebel opened its USD 75 million AAC manufacturing facility, double the company's present capacity. The company will be better able to meet the rising demand from the Australian home market thanks to the plant launch in Somersby, NSW.
• In October 2020, the largest AAC producer, Xella Group, declared that it would employ up to 15% recycled AAC powder to create new products. Additionally, Ytong Silent+, a substitute product being tested, will probably largely substitute for fine aggregate with AAC powder.

Browse the full “Autoclaved Aerated Concrete Market by Elements (Blocks, Beams & Lintels, Cladding Panels, Roof Panels, Wall Panels, Floor Elements, and Others (Including pipes, small boxes, and joint fillers)), By End-Use Industry (Residential and Non-residential), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/autoclaved-aerated-concrete-market

Global Autoclaved Aerated Concrete Market is segmented as follows:

By Element

• Blocks
• Beams & Lintels
• Cladding Panels
• Roof Panels
• Wall Panels
• Floor Elements
• Others (Including pipes, small boxes, and joint fillers)

By End-Use Industry

• Residential
• Non-residential

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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