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Asia Pacific Excluding Japan (APEJ) is Set to Become a Market Leader in the Autoclaved Aerated Concrete Blocks Space - Fact.MR Study
Autoclaved Aerated Concrete Market
The report offers actionable and valuable market insights of Autoclaved Aerated Concrete Blocks. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Autoclaved Aerated Concrete Blocks Market across various industries and regions.
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The latest industry analysis published by Fact.MR estimates revenue from the global Autoclaved Aerated Concrete Blocks (AAC) market to reach US$ 18 Bn by 2031, surging at a CAGR of 6%. Demand for blocks is projected to accelerate at a CAGR of 5% across the assessment period of 2021 to 2031.
As per Fact.MR - a market research and competitive intelligence provider, the global Autoclaved Aerated Concrete Blocks (AAC) market was valued at around US$ 12 Bn in 2020, and is predicted to expand at a CAGR of 6% over the 2021-2031 forecast period.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Autoclaved Aerated Concrete Blocks market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Autoclaved Aerated Concrete Blocks
This newly published and insightful report sheds light on Market Insights of Autoclaved Aerated Concrete Blocks, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Autoclaved Aerated Concrete Blocks Market. The study offers a comprehensive analysis on diverse features including production capacities, demand, product developments, revenue generation and sales in Autoclaved Aerated Concrete Blocks (AAC) market across the globe.
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Autoclaved Aerated Concrete Blocks (AAC) Market Segmentation
Fact.MR has studied the Autoclaved Aerated Concrete Blocks (AAC) market with detailed segmentation on the basis of product type, end-use and key regions.
Product Type
Blocks
Panels
Lintels
Others
End Use
Residential Construction
Industrial Construction
Commercial Construction
Infrastructure Construction
Region
North America
Latin America
Europe
Japan
Asia Pacific Except Japan
Middle East & Africa
“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”
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Competitive Landscape
Autoclaved Aerated Concrete Blocks producers are focusing on the expansion of their AAC product portfolios. Furthermore, Autoclaved Aerated Concrete Blocks manufacturing companies are moving toward geographical expansion along with enhancing their production capacity. ACC beams and lintels manufacturers are also expected to proliferate over the coming years.
In 2019, LafargeHolcim Ltd. signed an agreement with Oresa Romania to acquire a Romanian concrete manufacturer, Somaco Prefabricated Group. Through this acquisition, LafargeHolcim Ltd. entered the Romanian market to provide precast concrete and integrated solutions.
In 2019, Zhejiang Yuanzhu Housing Industrialization Co. Ltd. (Dingyuan) acquired Aircrete Europe Holding B.V. (Aircrete). Dingyuan provides engineering, procurement, and construction (EPC) services in China. With this acquisition, Aircrete became the subsidiary of Dingyuan, and helps to expand its business in Europe.
In 2020, Bigbloc Construction Ltd. made an announcement about the increase in 25% production capacity of M/s Starbigbloc Building Material Pvt. Ltd., which is a subsidiary of Bigbloc Construction Ltd.
Key Takeaways from Market Study
Global Autoclaved Aerated Concrete Blocks market to top US$ 18 Bn by 2031.
Blocks projected to reach valuation of around US$ 9 Bn by 2031.
Wall panels projected to record above 5% CAGR over next 10 years.
Market in Japan to record 3% CAGR over forecast period of 2021- 2031.
China forecast to reach projected market size above US$ 4 Bn by 2031.
Market in Canada projected to expand at above 5% CAGR over next 10 years.
“Developing mindfulness among individuals with regard to greener structures and administration will boost demand for Autoclaved Aerated Concrete Blocks over the coming years,” says a Fact.MR analyst.
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More Valuable Insights on Autoclaved Aerated Concrete Blocks Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Autoclaved Aerated Concrete Blocks, Sales and Demand of Autoclaved Aerated Concrete Blocks, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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