The global autoclaved aerated concrete (AAC) market size is expected to reach USD 28.41 Billion at a steady CAGR of 5.3% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth, driven by robust sales of Autoclaved Aerated Concrete (AAC), can be attributed to rising demand for lightweight building and construction materials. Use of autoclaved aerated concrete decreases building dead weight, thereby reducing structural costs for steel and cement by up to 27% and 20% respectively. In addition, lighter weight allows for construction of taller structures. Autoclaved aerated concrete blocks are about three to four times lighter than traditional red bricks, thus allowing for easier and more cost-effective transportation.
As per the predictors of Emergen Research, the Autoclaved Aerated Concrete (AAC) is a major functional ingredient in many food stuffs and thus there is an increasing demand for Autoclaved Aerated Concrete (AAC) from food beverage sector. Besides, awareness is growing among people about health and nutritional products. All these factors are projected to bolster the growth of the global Autoclaved Aerated Concrete (AAC) market in the analysis period. Moreover, the increase in number of RD activities for the development of novel products coupled with favorable government initiatives to promote healthy diet are expected to make huge growth opportunities for the global market.
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Top competitors of the Autoclaved Aerated Concrete (AAC) Market profiled in the report include:
Aercon AAC, UAL Industries Ltd., Mannok, H+H International A/S, JK Lakshmi Cement Ltd., Xella Group, Biltech Building Elements Ltd., CSR Ltd., Eastland Building Materials Co. Ltd., and Buildmate Projects Pvt. Ltd.
The research provides answers to the following key questions:
- What will be the growth rate of the Autoclaved Aerated Concrete (AAC) market for the forecast period, 2018 to 2028? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Autoclaved Aerated Concrete (AAC) market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Autoclaved Aerated Concrete (AAC) market for the forecast period, 2018 to 2028?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
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SCOPE OF THE REPORT
The study draws a forecast of the growth of the Autoclaved Aerated Concrete (AAC) market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
Emergen Research has segmented the global autoclaved aerated concrete market on the basis of product type, application, and region:
Product Type Outlook (Volume, Thousand Cubic Meters; Revenue, USD Billion; 2018–2028)
- Blocks
- Cladding Panels
- Beams Lintels
- Wall Panels
- Roof Panels
- Others
Application Outlook (Volume, Thousand Cubic Meters; Revenue, USD Billion; 2018–2028)
- Residential
- Non-Residential
In market segmentation by geographical regions, the report has analysed the following regions-
North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
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