Press release
Global Autoclaved Aerated Concrete Market to Record Significant Rise in Revenue Share During the Forecast Period
As per Fact.MR - a market research and competitive intelligence provider, the global autoclaved aerated concrete (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.Rapid escalation in infrastructural activities at a global level has propelled demand for materials used in specialized applications in both, residential and commercial settings. Increasing focus on development of roadways, transportation, healthcare infrastructure, and other public amenities in developing countries in order to improve the standard of living is reflecting favorably on the global autoclaved aerated concrete market.
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Key Market Segments in Autoclaved Aerated Concrete Industry Research
• Product
o ACC Blocks
o ACC Wall Panels
o ACC Floor Elements
o ACC Cladding Panels
o ACC Lintels
o Others
ACC Beams & Lintels
ACC Roof Panels
• Application
o ACC for Residential Construction
o ACC for Industrial Construction
o ACC for Commercial Construction
o ACC for Infrastructure Construction
o Others (Autoclaved Aerated Concrete in Roof Insulation)
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Key Takeaways from Market Study
Global autoclaved aerated concrete 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.
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Our chemical and material consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the chemical and material sector. Our expertise in recognizing the challenges and trends impacting the global chemical and material industry provides indispensable insights and support – encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.
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