The autoclaved aerated concrete (AAC) market size is expected to reach $25,816.6 million in 2027, from $17,142.9 million in 2019, growing at a CAGR of 7.5% from 2020 to 2027. Autoclaved aerated concrete (AAC) is a light-weight construction material which has 1/6th to 1/3rd weight of conventional concrete. It is also known as aircrete, foam concrete, autoclaved cellular concrete, autoclaved light-weight concrete, or porous concrete. AAC is manufactured using fine aggregate or fly-ash, cement, and an expansion agent, generally aluminum powder. This type of concrete mainly constitutes of around 80% air induced by the expansion agent to reduce the density and overall weight of the product. Further, AAC is available in form of building components such as blocks, panels, lintels, and others. These can be used for wall construction, floors & roofs, cladding, partition panels, and others.
The reduction in cost of construction attained by the use of AAC is a major factor that boosts the growth of the autoclaved aerated concrete (AAC) market. The production of AAC is conducted in factories under controlled environments which offers exceptional dimensional accuracy and smooth finish. This significantly reduces the expenses incurred on thick plastering. In addition, AAC blocks have larger sizes than conventional bricks, which reduces the number of joints in wall construction. This in turn reduces the mortar requirements thereby cutting major costs on cement and sand. Such factors assist in reducing construction costs which boost the growth of autoclaved aerated concrete (AAC) market. Furthermore, AAC offers advantages such as high fire resistance, light weight, and high thermal insulation. The autoclaving process while production of AAC components reduces the water content in the block or panel. This reduces the growth of organic matter such as algae or fungi. The non-combustible materials included in manufacturing of AAC also enhances its fire resistance. This is likely to drive the growth of global autoclaved aerated concrete (AAC) industry significantly.
However, the lack of awareness and high availability of substitutes for AAC is likely is hindering the growth of autoclaved aerated concrete (AAC) market. The dependence on traditional walling materials such as fire-burnt clay bricks, and others is still high in developing nations. In addition, the easy availability of timber in North America is restraining the growth of AAC in the region.
On the contrary, rising focus towards resilient construction material against the environmental factors such as floods, forest fires, hurricanes, and others is anticipated to boost the growth of autoclaved aerated concrete (AAC) market during the forecast period.
The global autoclaved aerated concrete (AAC) market is segmented on the basis of product type, end user, application, and region. Depending on product type, the market is classified into blocks, others. According to end user, it is categorized into residential and non-residential. On the basis of application, it is classified into walls, floors & roofs, and others.
The global autoclaved aerated concrete (AAC) market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the study period, however, LAMEA is expected to grow at the fastest rate.
The Key market Players profiled in the report include Aercon AAC, AKG Gazbeton, Biltech Building Elements, CK Birla Group (HIL), CSR Ltd., Forterra plc, H+H International A/S, JK Laxmi Cement, MASA GmbH, and Xella.
Many competitors in the autoclaved aerated concrete (AAC) market have adopted agreement as their key developmental strategy to strengthen their foothold and upgrade their product technologies. For instance, in September 2020, Aircrete Europe based in the Netherlands and the India based Apollo Inffratech Pvt. Ltd., announced entered into an agreement. Under the agreement, Apollo will represent AAC machinery and technological solutions provided by Aircrete for enhancing the AAC industry in India. This is with respect to the growing demand for prefabricated and environment friendly structures. Moreover, in October 2020, the leading AAC manufacturer Xella Group announced that it utilizes up to 15% of recycled AAC powder for production of new products. It is also testing an alternative product named as Ytong Silent+ in which significant portion of fine aggregate is likely to replace AAC powder.
The reduction in cost of construction attained by the use of AAC is a major factor that boosts the growth of the autoclaved aerated concrete (AAC) market. The production of AAC is conducted in factories under controlled environments which offers exceptional dimensional accuracy and smooth finish. This significantly reduces the expenses incurred on thick plastering. In addition, AAC blocks have larger sizes than conventional bricks, which reduces the number of joints in wall construction. This in turn reduces the mortar requirements thereby cutting major costs on cement and sand. Such factors assist in reducing construction costs which boost the growth of autoclaved aerated concrete (AAC) market. Furthermore, AAC offers advantages such as high fire resistance, light weight, and high thermal insulation. The autoclaving process while production of AAC components reduces the water content in the block or panel. This reduces the growth of organic matter such as algae or fungi. The non-combustible materials included in manufacturing of AAC also enhances its fire resistance. This is likely to drive the growth of global autoclaved aerated concrete (AAC) industry significantly.
However, the lack of awareness and high availability of substitutes for AAC is likely is hindering the growth of autoclaved aerated concrete (AAC) market. The dependence on traditional walling materials such as fire-burnt clay bricks, and others is still high in developing nations. In addition, the easy availability of timber in North America is restraining the growth of AAC in the region.
On the contrary, rising focus towards resilient construction material against the environmental factors such as floods, forest fires, hurricanes, and others is anticipated to boost the growth of autoclaved aerated concrete (AAC) market during the forecast period.
The global autoclaved aerated concrete (AAC) market is segmented on the basis of product type, end user, application, and region. Depending on product type, the market is classified into blocks, others. According to end user, it is categorized into residential and non-residential. On the basis of application, it is classified into walls, floors & roofs, and others.
The global autoclaved aerated concrete (AAC) market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the study period, however, LAMEA is expected to grow at the fastest rate.
Competition analysis
The Key market Players profiled in the report include Aercon AAC, AKG Gazbeton, Biltech Building Elements, CK Birla Group (HIL), CSR Ltd., Forterra plc, H+H International A/S, JK Laxmi Cement, MASA GmbH, and Xella.
Many competitors in the autoclaved aerated concrete (AAC) market have adopted agreement as their key developmental strategy to strengthen their foothold and upgrade their product technologies. For instance, in September 2020, Aircrete Europe based in the Netherlands and the India based Apollo Inffratech Pvt. Ltd., announced entered into an agreement. Under the agreement, Apollo will represent AAC machinery and technological solutions provided by Aircrete for enhancing the AAC industry in India. This is with respect to the growing demand for prefabricated and environment friendly structures. Moreover, in October 2020, the leading AAC manufacturer Xella Group announced that it utilizes up to 15% of recycled AAC powder for production of new products. It is also testing an alternative product named as Ytong Silent+ in which significant portion of fine aggregate is likely to replace AAC powder.
Key Benefits for Stakeholders
- The report provides an extensive analysis of the current and emerging global autoclaved aerated concrete (AAC) market trends and dynamics.
- In-depth analysis of the market is conducted by constructing market estimations for the Key Market Segments between 2019 and 2027.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive autoclaved aerated concrete (AAC) market opportunity analysis of all the countries is also provided in the report.
- The global autoclaved aerated concrete (AAC) market forecast analysis from 2020 to 2027 is included in the report.
KEY PLAYERS
within the market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the industry.
GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET SEGMENTS
By PRODUCT TYPE
- Blocks
- Others
By END USER
- Residential
- Non-residential
By APPLCATIONS
- Walls
- Floors & Roofs
- Others
By REGION
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- The UK
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- Aercon AAC
- AKG Gazbeton
- Biltech Building Elements
- CK Birla Group (HIL)
- CSR Ltd
- Forterra plc
- H+H International A/S
- JK Laxmi Cement
- MASA GmbH
- Xella
Please note:
- Online Access price format is valid for 60 days access. Printing is not enabled.
- PDF Single and Enterprise price formats enable printing.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY PRODUCT TYPE
CHAPTER 5: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY END USER
CHAPTER 6: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY APPLICATION
CHAPTER 7: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
