Affordable Housing to Boost Autoclaved Aerated Concrete Market Growth

With the increasing urbanization and industrialization rates, the demand for autoclaved aerated concrete is growing rapidly across the world. Due to their excellent characteristics such as low cost and the ability to sustain fire and earthquakes and availability in various sizes, autoclaved aerated concretes are being increasingly used in the construction industry. These products also reduce the construction time by 20%, as the blocks are available in multiple sizes. Furthermore, the increasing construction and infrastructural development activities in emerging economies such as those pertaining to the development of highways and roads, are also fueling the requirement for autoclaved aerated concrete blocks.

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Besides the aforementioned factor, the increasing demand for sound-proof and green buildings is also fueling the requirement for autoclaved aerated concrete (AAC) blocks. The production of these blocks is non-polluting in nature, as they are made up of non-toxic materials and does not produce toxic gases. Moreover, the total energy required for manufacturing autoclaved aerated concreate blocks is less than half of what it is needed for manufacturing alternative building materials such as clay brick.

Because of the above-mentioned reasons, the global autoclaved aerated concrete (AAC) market reached $4,498.5 million revenue in 2019 and it is predicted to progress at a CAGR of 6.0% from 2020 to 2030 (forecast period). Road sub-base, construction materials, roof insulation, void filling, bridge sub-structure, and concrete pipes are the major application areas of autoclaved aerated concrete blocks. Out of these, the usage of AAC blocks was found to be the highest in construction materials in the past years, and this trend is predicted to continue in the upcoming years as well.

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Hence, it can be said with confidence that the demand for AAC blocks will rise sharply in the years to come, mainly because of their mushrooming requirement in the construction sector, increasing infrastructural development activities, and rising urbanization and industrialization rates in several countries.

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