Autoclaved aerated concrete (AAC) refers to a lightweight, porous silicate concrete material where fly ash, a residual product of thermal power plants, is utilized in its production. The material consists of fine aggregates, cement, and an expansion ingredient that causes the freshly mixed material to rise, similar to the rising of bread dough. Autoclaved aerated concrete offers various benefits to the construction industry, including a unique combination of low weight, construction rigidity, cost-effectiveness, and durability.
The primary types of autoclaved aerated concrete include blocks, lintels, panels, and other variations. These types are formed using ingredients such as cement, fly ash, limestone, aluminum powder, and water. AAC blocks find widespread use in the development of residential properties, including apartments, as well as in industrial and commercial buildings such as hotels, offices, hospitals, and schools. Autoclaved aerated concrete has diverse applications, serving as a construction material, roof insulation, roof sub-bases, bridge sub-structures, concrete pipes, void filling, and more, catering to both residential and non-residential settings.
The autoclaved aerated concrete market research report is one of a series of new reports that provides autoclaved aerated concrete market statistics, including autoclaved aerated concrete industry global market size, regional shares, competitors with an autoclaved aerated concrete market share, detailed autoclaved aerated concrete market segments, market trends and opportunities, and any further data you may need to thrive in the autoclaved aerated concrete industry. This autoclaved aerated concrete market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The autoclaved aerated concrete market size has grown strongly in recent years. It will grow from $15.59 billion in 2023 to $17.13 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The expansion observed in the historical period can be attributed to several factors, including concerns about energy efficiency, rapid economic growth, heightened infrastructure spending, a growing demand for affordable housing, and the recognized weight and structural advantages associated with autoclaved aerated concrete.
The autoclaved aerated concrete market size is expected to see strong growth in the next few years. It will grow to $24.22 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period can be attributed to various factors, including the increasing adoption of green building standards, rising urbanization, government initiatives promoting sustainable construction practices, growing awareness of fire safety considerations, and the ongoing trend of increasing industrialization in construction. Notable trends expected during this period include advancements in autoclaved aerated concrete (AAC) technology, the utilization of AAC in prefabricated construction methods, the introduction of innovative AAC product variations, the integration of digitalization in AAC manufacturing processes, and the application of AAC in high-rise buildings.
The upward trend in constructing green buildings is anticipated to drive the growth of the autoclaved aerated concrete market. Green buildings, known for their sustainability and energy efficiency, significantly reduce their carbon footprint, making them environmentally friendly. For instance, data published by the US Green Building Council (USGBC) until 2021 indicated that over 36,835 projects, covering 4.63 billion gross square feet, received Leadership in Energy and Environmental Design (LEED) certification. Additionally, in the first three quarters of 2022, more than 5,000 projects earned certification, with the highest concentration in the United States and Canada (74%), East Asia (9%), and Europe (6%). Hence, the escalating construction of green buildings is propelling the demand for autoclaved aerated concrete.
The increasing emphasis on energy efficiency is forecasted to further fuel the expansion of the autoclaved aerated concrete market. Autoclaved aerated concrete offers enhanced energy efficiency, reducing operational costs and the carbon footprint in construction projects. This makes it an attractive choice for environmentally conscious and energy-efficient building designs. For instance, Eurostat reported the European Union's plans to raise energy efficiency levels, aiming for at least a 32.5% increase by 2030. Consequently, the growing focus on energy efficiency is a key driver behind the rising demand for autoclaved aerated concrete.
The emergence of technological advancements stands out as a prominent trend in the autoclaved aerated concrete market. Innovative technologies are instrumental in advancing knowledge and understanding within the industry. For example, ACC Limited, an India-based cement manufacturing company, introduced ACC Airium in March 2022. ACC Airium, an aerated concrete product, employs insulating technology, offering insulation during construction and catering to various structures such as homes, offices, and buildings. This technological innovation demonstrates the market's ongoing commitment to enhancing product capabilities and performance.
Major companies within the autoclaved aerated concrete market are actively investing in expanding their foothold within the industry. Investments represent financial commitments made by companies into various assets, projects, or ventures, aiming to yield future returns or benefits. For instance, in June 2023, Kovalska Industrial and Construction Group, a Ukraine-based construction and materials company, directed an investment of $28.64 million (27 million Euros). This substantial investment seeks to facilitate the import of aircrete Europe's sustainable autoclaved aerated concrete (AAC) block production technology from the Netherlands into Ukraine, potentially paving the way for future panel production.
In another significant move, HIL Limited, an India-based construction materials manufacturing company, acquired Fast Build BlocksPvt. Ltd. in July 2022 for $2.8 billion. Through this strategic acquisition, HIL aims to bolster its manufacturing capabilities, enhance distribution networks, and expand the commercialization of autoclaved aerated concrete (AAC) block cement roofing products. The acquisition of Fast Build BlocksPvt. Ltd., an India-based cement and construction material manufacturing company specializing in autoclaved aerated concrete (AAC) blocks, aims to amplify HIL's product reach in the Asia-Pacific region.
Major companies operating in the in the autoclaved aerated concrete market report are Aerated Concrete Industries Company, Aercon Florida LLC, Akg Gazbeton Isletmeleri AS, Bauroc AS, Biltech Building Elements Limited, Brickwell Manufacturing Private Limited, Buildmate Projects Pvt. Ltd., Eastland Building Materials Co. Ltd., Health and Happiness International A/S, JK Lakshmi Cement Ltd., Masa GmbH, Parin Beton Amood Company, UAL Industries Ltd., UltraTech Cement Ltd., Haniel Bau-Industrie GmbH, Solbet Sp. z o. o, Lafarge Tarmac, Xella International GmbH, Eco Green Products Pvt. Ltd., Hyderabad Industries Limited, Renaatus Procon Private Limited, Thomas Armstrong Limited, AerBlock LLC, Aerix Industries Pvt. Ltd., CSR Hebel, DOMAPOR Baustoffwerke Beteiligungsgesellschaft mbH, HESS AAC Systems B. V., KLB Klimaleichtblock GmbH, RPP Group of Companies, Siporex India
Asia-Pacific was the largest region in the autoclaved aerated concrete market share in 2023 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the autoclaved aerated concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the autoclaved aerated concrete market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The autoclaved aerated concrete market consists of sales of on-load-bearing block, load-bearing block, thermal insulation block, wallboard and roof panel. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary types of autoclaved aerated concrete include blocks, lintels, panels, and other variations. These types are formed using ingredients such as cement, fly ash, limestone, aluminum powder, and water. AAC blocks find widespread use in the development of residential properties, including apartments, as well as in industrial and commercial buildings such as hotels, offices, hospitals, and schools. Autoclaved aerated concrete has diverse applications, serving as a construction material, roof insulation, roof sub-bases, bridge sub-structures, concrete pipes, void filling, and more, catering to both residential and non-residential settings.
The autoclaved aerated concrete market research report is one of a series of new reports that provides autoclaved aerated concrete market statistics, including autoclaved aerated concrete industry global market size, regional shares, competitors with an autoclaved aerated concrete market share, detailed autoclaved aerated concrete market segments, market trends and opportunities, and any further data you may need to thrive in the autoclaved aerated concrete industry. This autoclaved aerated concrete market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The autoclaved aerated concrete market size has grown strongly in recent years. It will grow from $15.59 billion in 2023 to $17.13 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The expansion observed in the historical period can be attributed to several factors, including concerns about energy efficiency, rapid economic growth, heightened infrastructure spending, a growing demand for affordable housing, and the recognized weight and structural advantages associated with autoclaved aerated concrete.
The autoclaved aerated concrete market size is expected to see strong growth in the next few years. It will grow to $24.22 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period can be attributed to various factors, including the increasing adoption of green building standards, rising urbanization, government initiatives promoting sustainable construction practices, growing awareness of fire safety considerations, and the ongoing trend of increasing industrialization in construction. Notable trends expected during this period include advancements in autoclaved aerated concrete (AAC) technology, the utilization of AAC in prefabricated construction methods, the introduction of innovative AAC product variations, the integration of digitalization in AAC manufacturing processes, and the application of AAC in high-rise buildings.
The upward trend in constructing green buildings is anticipated to drive the growth of the autoclaved aerated concrete market. Green buildings, known for their sustainability and energy efficiency, significantly reduce their carbon footprint, making them environmentally friendly. For instance, data published by the US Green Building Council (USGBC) until 2021 indicated that over 36,835 projects, covering 4.63 billion gross square feet, received Leadership in Energy and Environmental Design (LEED) certification. Additionally, in the first three quarters of 2022, more than 5,000 projects earned certification, with the highest concentration in the United States and Canada (74%), East Asia (9%), and Europe (6%). Hence, the escalating construction of green buildings is propelling the demand for autoclaved aerated concrete.
The increasing emphasis on energy efficiency is forecasted to further fuel the expansion of the autoclaved aerated concrete market. Autoclaved aerated concrete offers enhanced energy efficiency, reducing operational costs and the carbon footprint in construction projects. This makes it an attractive choice for environmentally conscious and energy-efficient building designs. For instance, Eurostat reported the European Union's plans to raise energy efficiency levels, aiming for at least a 32.5% increase by 2030. Consequently, the growing focus on energy efficiency is a key driver behind the rising demand for autoclaved aerated concrete.
The emergence of technological advancements stands out as a prominent trend in the autoclaved aerated concrete market. Innovative technologies are instrumental in advancing knowledge and understanding within the industry. For example, ACC Limited, an India-based cement manufacturing company, introduced ACC Airium in March 2022. ACC Airium, an aerated concrete product, employs insulating technology, offering insulation during construction and catering to various structures such as homes, offices, and buildings. This technological innovation demonstrates the market's ongoing commitment to enhancing product capabilities and performance.
Major companies within the autoclaved aerated concrete market are actively investing in expanding their foothold within the industry. Investments represent financial commitments made by companies into various assets, projects, or ventures, aiming to yield future returns or benefits. For instance, in June 2023, Kovalska Industrial and Construction Group, a Ukraine-based construction and materials company, directed an investment of $28.64 million (27 million Euros). This substantial investment seeks to facilitate the import of aircrete Europe's sustainable autoclaved aerated concrete (AAC) block production technology from the Netherlands into Ukraine, potentially paving the way for future panel production.
In another significant move, HIL Limited, an India-based construction materials manufacturing company, acquired Fast Build BlocksPvt. Ltd. in July 2022 for $2.8 billion. Through this strategic acquisition, HIL aims to bolster its manufacturing capabilities, enhance distribution networks, and expand the commercialization of autoclaved aerated concrete (AAC) block cement roofing products. The acquisition of Fast Build BlocksPvt. Ltd., an India-based cement and construction material manufacturing company specializing in autoclaved aerated concrete (AAC) blocks, aims to amplify HIL's product reach in the Asia-Pacific region.
Major companies operating in the in the autoclaved aerated concrete market report are Aerated Concrete Industries Company, Aercon Florida LLC, Akg Gazbeton Isletmeleri AS, Bauroc AS, Biltech Building Elements Limited, Brickwell Manufacturing Private Limited, Buildmate Projects Pvt. Ltd., Eastland Building Materials Co. Ltd., Health and Happiness International A/S, JK Lakshmi Cement Ltd., Masa GmbH, Parin Beton Amood Company, UAL Industries Ltd., UltraTech Cement Ltd., Haniel Bau-Industrie GmbH, Solbet Sp. z o. o, Lafarge Tarmac, Xella International GmbH, Eco Green Products Pvt. Ltd., Hyderabad Industries Limited, Renaatus Procon Private Limited, Thomas Armstrong Limited, AerBlock LLC, Aerix Industries Pvt. Ltd., CSR Hebel, DOMAPOR Baustoffwerke Beteiligungsgesellschaft mbH, HESS AAC Systems B. V., KLB Klimaleichtblock GmbH, RPP Group of Companies, Siporex India
Asia-Pacific was the largest region in the autoclaved aerated concrete market share in 2023 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the autoclaved aerated concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the autoclaved aerated concrete market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The autoclaved aerated concrete market consists of sales of on-load-bearing block, load-bearing block, thermal insulation block, wallboard and roof panel. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Autoclaved Aerated Concrete Market Characteristics3. Autoclaved Aerated Concrete Market Trends And Strategies31. Global Autoclaved Aerated Concrete Market Competitive Benchmarking32. Global Autoclaved Aerated Concrete Market Competitive Dashboard33. Key Mergers And Acquisitions In The Autoclaved Aerated Concrete Market
4. Autoclaved Aerated Concrete Market - Macro Economic Scenario
5. Global Autoclaved Aerated Concrete Market Size and Growth
6. Autoclaved Aerated Concrete Market Segmentation
7. Autoclaved Aerated Concrete Market Regional And Country Analysis
8. Asia-Pacific Autoclaved Aerated Concrete Market
9. China Autoclaved Aerated Concrete Market
10. India Autoclaved Aerated Concrete Market
11. Japan Autoclaved Aerated Concrete Market
12. Australia Autoclaved Aerated Concrete Market
13. Indonesia Autoclaved Aerated Concrete Market
14. South Korea Autoclaved Aerated Concrete Market
15. Western Europe Autoclaved Aerated Concrete Market
16. UK Autoclaved Aerated Concrete Market
17. Germany Autoclaved Aerated Concrete Market
18. France Autoclaved Aerated Concrete Market
19. Italy Autoclaved Aerated Concrete Market
20. Spain Autoclaved Aerated Concrete Market
21. Eastern Europe Autoclaved Aerated Concrete Market
22. Russia Autoclaved Aerated Concrete Market
23. North America Autoclaved Aerated Concrete Market
24. USA Autoclaved Aerated Concrete Market
25. Canada Autoclaved Aerated Concrete Market
26. South America Autoclaved Aerated Concrete Market
27. Brazil Autoclaved Aerated Concrete Market
28. Middle East Autoclaved Aerated Concrete Market
29. Africa Autoclaved Aerated Concrete Market
30. Autoclaved Aerated Concrete Market Competitive Landscape And Company Profiles
34. Autoclaved Aerated Concrete Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Autoclaved Aerated Concrete Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on autoclaved aerated concrete market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for autoclaved aerated concrete? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
- Markets Covered: 1) By Type: Block; Lintel; Panel; Other Types 2) By Application: Construction Material; Roof Insulation; Roof Sub Bases; Bridge Sub-Structures; Concrete Pipes; Void Filling; Other Applications 3) By End User: Residential; Non-residential
- Companies Mentioned: Aerated Concrete Industries Company; Aercon Florida LLC; Akg Gazbeton Isletmeleri AS; Bauroc AS; Biltech Building Elements Limited
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Aerated Concrete Industries Company
- Aercon Florida LLC
- Akg Gazbeton Isletmeleri AS
- Bauroc AS
- Biltech Building Elements Limited
- Brickwell Manufacturing Private Limited
- Buildmate Projects Pvt. Ltd.
- Eastland Building Materials Co. Ltd.
- Health and Happiness International A/S
- JK Lakshmi Cement Ltd.
- Masa GmbH
- Parin Beton Amood Company
- UAL Industries Ltd.
- UltraTech Cement Ltd.
- Haniel Bau-Industrie GmbH
- Solbet Sp. z o. o
- Lafarge Tarmac
- Xella International GmbH
- Eco Green Products Pvt. Ltd.
- Hyderabad Industries Limited
- Renaatus Procon Private Limited
- Thomas Armstrong Limited
- AerBlock LLC
- Aerix Industries Pvt. Ltd.
- CSR Hebel
- DOMAPOR Baustoffwerke Beteiligungsgesellschaft mbH
- HESS AAC Systems B. V.
- KLB Klimaleichtblock GmbH
- RPP Group of Companies
- Siporex India
Methodology
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