Autoclaved Aerated Concrete Market to Witness a 6.2% CAGR in Coming Years

Amidst growing concerns about the environment, the need for green buildings is rising. Usually, materials used in the construction of buildings produce a lot of waste and extensively damage the environment. Further, due to the increasing vehicles on the road and other factors, there has been an increase in sound pollution as well. The conventional material provides no barrier to sound, which is affecting the health of many people including children and the elderly. Therefore, to address these issues, the demand for soundproof and green buildings is witnessing a surge.

The global autoclaved aerated concrete (AAC) market was valued at $4,005.9 million in 2017, and is expected to reach $5,721.4 million by 2023.

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One such key material used in the construction sector is the autoclaved aerated concrete (AAC), which is used for constructing green buildings. The manufacture of AAC is an environment-friendly process, which makes use of recycled industrial waste (fly ash). The only byproduct of this process is steam and it is completely non-polluting. Further, the total energy consumed for the production of AAC blocks is even less than half of what is consumed in the production of conventional building material, such as clay brick.

Besides being a safe construction material, AAC also imparts the property of sound absorbance, and helps in noise control, which is due to the porous structure of these blocks. It is capable of attenuating the sound of up to 42 decibels and has an excellent sound class rating of 44.Thus, AAC is able to provide a virtually soundproof interior, and is used in the manufacture of hotels, hospitals, and schools.

Geographical Analysis of Autoclaved Aerated Concrete Market

Globally, APAC held the largest share in the autoclaved aerated concrete market in 2017. This is ascribed to the increasing construction activities in the region to fulfil the rising housing as well as infrastructure demand from China, India, and Japan. Moreover, with the rapid urbanization, growing population, and government initiatives to provide affordable housing are projected to boost the demand for AAC across the region.

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Competitive Landscape of Autoclaved Aerated Concrete Market

Leading players operating in the global autoclaved aerated concrete market include Isoltech Srl, Masa GmbH, Xella Group, Wehrhahn GmbH, Broco Industries, Aerix Industries, Fast Build Block Pvt. Ltd, and Aircrete Europe B.V. These players are involved in several strategic developments, in order to gain larger market share. For instance, in November 2017, Aircrete Europe B.V. introduced POROMIX, an additive developed specifically for AAC production. The main function of this new AAC additive is to reduce the amount of water and raw materials required in the AAC production process.

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This release was published on openPR.