The report titled “Global Autoclaved Aerated Concrete Market Analysis and Forecast, 2019-2028” examines the regional and the global market according to the type, the application, the end user, and region. A thorough market research report provides an in-depth historical and projected market size along with a comprehensive market analysis.
RationalStat in its reports, offers market share analysis capacity of the top firms, an overview of the competition, strategies imperatives, future plans and strategies, major customers, growth drivers, new product launches, and a competitive analysis for the key players analyzed in the global autoclaved concrete market research.
Market Overview and Dynamics: Autoclaved Aerated Concrete Market
The global autoclaved aerated concrete market is predicted to grow at a substantial rate of over 6.5% during the 2022-2028 forecast. The rapid growth of urbanization and industrialization in developing regions, a growing demand for construction materials that are lightweight and increasing preference for soundproof and green buildings are a few of the primary reasons that will drive market demand for the autoclaved aerated concrete in the forecast period.
Furthermore, the overall reduction in construction resulting from the use of autoclaved concrete components is expected to further increase an increase in demand for the autoclaved aerated concrete globally. Furthermore, several governments across the globe are encouraging the use of green building materials through incentives and regulations.
- For example, In India the government has announced the Pradhan Mantri Awas Yojana (PMAY) scheme that encourages the use of green construction materials, such asautoclaved aerated concrete for affordable residential developments.
The growth of cutting-edge manufacturing techniques, such as autoclaved block cutting machines for aerated concrete and enhanced curing methods enhance the quality and efficiency of autoclaved aerated concrete items which is driving the expansion of this market.
Regional Market Share and Insights: Autoclaved Aerated Concrete Market
Asia Pacific is expected to be the most dominant autoclaved aerated concrete market because of the huge growth in construction activity in the region. In India, the modern-day architecture is booming in the real estate industry, which is also experiencing a dramatic leap. In Europe the autoclaved aerated concrete market is predicted to see a significant increase due to the major government policies and the enforcement by governments Europe to replace conventional building materials with energy-efficient and sustainable building materials.
Segmental Analysis: Global Autoclaved Aerated Concrete Market
- On the basis of type, AAC blocks are expected to dominate the global autoclaved aerated concrete market as AAC blocks are a commonly used type of autoclaved aerated concrete in the construction industry. They are lightweight, easy to handle, and have excellent thermal insulation properties. Autoclaved aerated concrete blocks are used in the construction of walls, roofs, and floors.
- Based on the distribution channel, direct sales are anticipated to gain significant growth. Direct sales may be more prevalent for larger construction projects where manufacturers can work directly with contractors and builders to provide customized solutions.
Competition Analysis: Regional and Domestic Players Dominate the Autoclaved Aerated Concrete Market
The global autoclaved aerated concrete (AAC) market is highly competitive and fragmented. The key players in the market are focusing on strategic collaborations, mergers and acquisitions, and product innovation to expand their market presence.
Xella Group is the leading player in the market, with a significant market share. The company has a global presence and offers a wide range of autoclaved aerated concrete products for construction applications. CSR Limited and Aercon AAC are also major players in the market, with a strong focus on product innovation and expansion.
The market is characterized by the presence of several regional players who cater to the specific needs of their respective regions. These players are focusing on developing customized solutions and expanding their market presence.
- In September 2021, BigBloc construction entered into a partnership with SCG International Co. Ltd. Through this alliance, BigBloc experts created a foundation for its business development in the new product AAC panel.
Some of the prominent players operating in the global AAC market include Xella Group, H+H International A/S, SOLBET SP, ACICO Industries, Isoltech srl, Broco, Cematix Corporation, Aircrete, Brickwell, AERCON AAC, Laston Italian S.P.A, Ultratech Cement Ltd, Biltech Building Elements Ltd, AKG Gazbeton, and Bulidmate among others
RationalStat has segmented the global AAC market on the basis of type, application, end user, and region.
- By Type
- Wall Panel
- Floor and Roof Panel
- Cladding Panel
- Others (Tile, etc.)
- By Application
- Building Construction Materials
- Road Construction
- Roof Insulation
- Bridge Sub-Structure
- Others (Void Filling, etc)
- By End Use
- By Distribution Channel
- Direct Sales
- Channel Partners
- By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Middle East and Africa
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