The global autoclaved aerated concrete market size was valued USD 17.8 billion in 2021 and is expected to rise to USD 26.5 billion by 2028 at a CAGR of 6.9%.
FrequentlyAsked Questions
The market for autoclaved aerated concrete is being driven by factors such as rising urbanization and 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 and soundproof structures.
According to the report, 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.
During the forecast period, a sizable portion of the global autoclaved aerated concrete (AAC) market's revenue is anticipated to come from the Asia Pacific region. The Asia Pacific market will likely rise due to rapid urbanization, industrial expansion, continuous developments, and construction projects.
Some of the main competitors dominating the global autoclaved aerated concrete market include- Biltech Building Elements Limited, Buildmate Projects Pvt. Ltd., Aercon Florida Llc, AKG Gazbeton, UAL Industries Ltd, Solbet Sp Z.O.O, JK Lakshmi Cement, H+H International A/S, CSR Ltd., Xella Group, Quinn Building Products, UltraTech Cement Ltd., Wehrhahn GmbH, and Bauroc International AS.
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