The Global Autoclaved Aerated Concrete Market is projected to grow at a CAGR of around 5.5% over the next six years. The key drivers fostering the growth of the market include; Increasing number of construction projects across the globe, growing focus on cost-effective construction techniques, and increasing demand for sustainable construction. However, factors such as high initial cost and presence of substitutes may hamper the growth of the AAC market to some extent.
Rapid urbanization and industrial growth has resulted in a steady growth of the construction sector over the years. Moreover, owing to its properties such as lightweight, low cost, earthquake and fire resistance, autoclaved aerated concrete is becoming increasingly common in the construction industry. Increasing investment on infrastructure growth, especially in the emerging economies has further impeded the growth of the construction industry. Developing countries such as India, Brazil, and South Africa among others are placing more emphasis on road connectivity, highways, and residential housing, which is expected to fuel demand for autoclaved aerated concrete.
Autoclaved Aerated Concrete (AAC) is a form of lightweight concrete masonry. Because of its unique cellular structure, which contains millions of tiny pockets of compressed air, it can weigh as little as 1/5 of the weight of ordinary concrete. AAC has a variety of unique physical properties due to its cellular structure. Moreover, AAC is very resource-effective due to the massive increase in volume. AAC contains a pore content of approximately 80%, which leads to a low consumption of raw materials.
The Autoclaved Aerated Concrete market is also driven by increasing demand for sustainable construction. There is an increased focus on more environmentally friendly products across the globe. Companies in the homebuilding sector have responded by increasing their green offerings, in part because consumers are often willing to pay a premium for green products and services. AAC is lighter and more environmentally friendly than the conventional structural building materials like wood, concrete, stone, and bricks. Moreover, Autoclaved Aerated Concrete is a renewable building material that utilizes recycled industrial waste (fly ash). AAC is made in a non-polluting way, with steam being the only by-product. AAC is made up of non-toxic materials that don't emit any gases.
Segment overview
On the basis of product type, the block segment held the largest share of the global AAC market in 2020. The growth in the segment is owing to its quick and easy installation and their application in pavement construction, high-rise buildings, and road construction. The panels segment is projected to grow at a healthy CAGR during 2021-2027.
On the basis of region, Asia-Pacific holds the major share of the global AAC market and is expected to retain its dominance over the forecast period. This is mainly due to rapid rate of urbanization and increasing population is leading to an increase in the construction activities in the region. Moreover, emerging economies like China and India among others are investing heavily on the infrastructure growth, which is impeding the growth of the AAC market.
The report provides detailed market outlook, and forecast of the “global AAC market” based on Product Type, Application, End-User and by Region.
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017 & 2018 |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Units Considered | USD Million |
| Segmentation By Product Type |
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| Segmentation by Application |
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| Segmentation by End-User |
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| Regions Covered |
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| Key Company Profiles | AERCON AAC., Aerix Industries., ACICO Group, Inc., CEMATRIX Corporation, Broco Industries, ISOLTECH Srl, H+H International A/S, CSR Limited., SOLBET Capital Group, Xella International GmbH, Laston Italiana Spa, among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Autoclaved Aerated Concrete Market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.3.1. Raw material trends
3.3.2. Manufacturing trends
3.4. Autoclaved Aerated Concrete Market: developed v/s developing countries
3.5. Market opportunities & trends
3.5.1. Recycling of fly-ash into commercially viable products
3.5.2. Large untapped market offering growth potential
3.6. Market driver analysis
3.6.1. Increasing number of construction projects across the globe
3.6.2. Growing focus on cost-effective construction techniques
3.6.3. Increasing demand for sustainable construction
3.6.4. Impact analysis
3.7. Market restraint analysis
3.7.1. High initial cost and presence of substitutes
3.7.2. Impact analysis
3.8. PESTEL analysis
3.9. SWOT analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. COVID-19 Implications
5.1. Impact of COVID-19 pandemic
5.1.1. Impact analysis
5.1.2. Recovery Scenarios (V, U, W, L)
5.1.2.1. Recovery Scenarios by Product Type
5.1.2.2. Recovery Scenarios by Application
5.1.2.3. Recovery Scenarios by End User
CHAPTER 6. Global Autoclaved Aerated Concrete Market Size and Forecast (2021 - 2027)
6.1. Global Autoclaved Aerated Concrete Market, By Product Type
6.1.1. Blocks
6.1.2. Panels
6.1.3. Lintels ¬¬¬¬¬¬¬¬¬¬¬
6.1.4. Tiles
6.1.5. Others
6.2. Global Autoclaved Aerated Concrete Market, By Application
6.2.1. Construction Material
6.2.2. Road Sub-Base
6.2.3. Bridge Sub-Structure
6.2.4. Concrete Pipes
6.2.5. Void Filling
6.2.6. Roof Insulation
6.2.7. Others
6.3. Global Autoclaved Aerated Concrete Market, By End User
6.3.1. Public Infrastructure
6.3.2. Residential Building
6.3.3. Commercial Building
6.3.4. Others
CHAPTER 7. Global Autoclaved Aerated Concrete Market Size and Forecast, By Region (2021 - 2027)
7.1. North America Autoclaved Aerated Concrete Market (USD Million)
7.1.1. North America Autoclaved Aerated Concrete Market, By Country
7.1.2. North America Autoclaved Aerated Concrete Market, By Product Type
7.1.3. North America Autoclaved Aerated Concrete Market, By Application
7.1.4. North America Autoclaved Aerated Concrete Market, By End-Use
7.1.5. The U.S. Autoclaved Aerated Concrete Market (USD Million)
7.1.5.1. Recovery Scenarios: United States Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.1.6. Canada Autoclaved Aerated Concrete Market (USD Million)
7.1.6.1. Recovery Scenarios: Canada Autoclaved Aerated Concrete Market Forecast, 2021-2031
7.1.7. Mexico Autoclaved Aerated Concrete Market (USD Million)
7.1.7.1. Recovery Scenarios: Mexico Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.2. Europe Autoclaved Aerated Concrete Market (USD Million)
7.2.1. Europe Autoclaved Aerated Concrete Market, By Country
7.2.2. Europe Autoclaved Aerated Concrete Market, By Product Type
7.2.3. Europe Autoclaved Aerated Concrete Market, By Application
7.2.4. Europe Autoclaved Aerated Concrete Market, By End-Use
7.2.5. Germany Autoclaved Aerated Concrete Market (USD Million)
7.2.5.1. Recovery Scenarios: Germany Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.2.6. The U.K Autoclaved Aerated Concrete Market (USD Million)
7.2.6.1. Recovery Scenarios: U.K Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.2.7. France Autoclaved Aerated Concrete Market (USD Million)
7.2.7.1. Recovery Scenarios: U.K Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.2.8. Poland Autoclaved Aerated Concrete Market (USD Million)
7.2.8.1. Recovery Scenarios: Poland Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.3. Asia-Pacific Autoclaved Aerated Concrete Market (USD Million)
7.3.1. Asia-Pacific Autoclaved Aerated Concrete Market, By Country
7.3.2. Asia-Pacific Autoclaved Aerated Concrete Market, By Product Type
7.3.3. Asia-Pacific Autoclaved Aerated Concrete Market, By End-Use
7.3.4. China Autoclaved Aerated Concrete Market (USD Million)
7.3.4.1. Recovery Scenarios: China Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.3.5. Japan Autoclaved Aerated Concrete Market (USD Million)
7.3.5.1. Recovery Scenarios: Japan Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.3.6. India Autoclaved Aerated Concrete Market (USD Million)
7.3.6.1. Recovery Scenarios: India Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.3.7. South Korea Autoclaved Aerated Concrete Market (USD Million)
7.3.7.1. Recovery Scenarios: South Korea Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.3.8. Australia Autoclaved Aerated Concrete Market (USD Million)
7.3.8.1. Recovery Scenarios: Australia Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.4. Central & South America (CSA) Autoclaved Aerated Concrete Market (USD Million)
7.4.1. Central & South America (CSA) Autoclaved Aerated Concrete Market, By Country (USD Million)
7.4.2. Central & South America (CSA) Autoclaved Aerated Concrete Market, By Product Type (USD Million)
7.4.3. Central & South America (CSA) Autoclaved Aerated Concrete Market, By Application (USD Million)
7.4.4. Central & South America (CSA) Autoclaved Aerated Concrete Market, By End-Use (USD Million)
7.4.5. Brazil Autoclaved Aerated Concrete Market (USD Million)
7.4.5.1. Recovery Scenarios: Brazil Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.5. Middle East & Africa (MEA) Autoclaved Aerated Concrete Market (USD Million)
7.5.1. Middle East & Africa (MEA) Autoclaved Aerated Concrete Market, By Country (USD Million)
7.5.2. Middle East & Africa (MEA) Autoclaved Aerated Concrete Market, By Application (USD Million)
7.5.3. Middle East & Africa (MEA) Autoclaved Aerated Concrete Market, By Service Model (USD Million)
7.5.4. Middle East & Africa (MEA) Autoclaved Aerated Concrete Market, By Deployment Model (USD Million)
7.5.5. Middle East & Africa (MEA) Autoclaved Aerated Concrete Market, By Pricing Model (USD Million)
7.5.6. Middle East & Africa (MEA) Autoclaved Aerated Concrete Market, By End-Use (USD Million)
7.5.7. Saudi Arabia Autoclaved Aerated Concrete Market (USD Million)
7.5.7.1. Recovery Scenarios: Saudi Arabia Autoclaved Aerated Concrete Market Forecast, 2021-2027
7.5.8. South Africa Autoclaved Aerated Concrete Market (USD Million)
7.5.8.1. Recovery Scenarios: South Africa Autoclaved Aerated Concrete Market Forecast, 2021-2027
CHAPTER 8. Key Players and Strategic Developments
8.1. AERCON AAC
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. Aerix Industries
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. ACICO Group
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. CEMATRIX Corporation
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. Broco Industries
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. ISOLTECH Srl
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. H+H International A/S
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. CSR Limited
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. SOLBET Capital Group
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. Xella International GmbH
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. Laston Italiana Spa
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments
