Press release
Autoclaved Aerated Concrete (AAC) Market Size Reach to USD 30.84 billion by 2029, Trends, Growth, Key Driven Factors, Segmentation and Forecast
Autoclaved Aerated Concrete (AAC) Market Overview:Aerated concrete (AAC), also known as aircrete, foam concrete, autoclaved cellular concrete, autoclaved light-weight concrete, or porous concrete, is a lightweight construction material that weighs approximately one-sixth to one-third of conventional concrete. AAC is commonly available in the form of blocks, panels, lintels, and other components. AAC is primarily made from fine aggregate or fly-ash, cement, and an expansion agent, typically aluminium powder. This type of concrete is mostly made up of air, which is induced by the expansion agent to reduce the density and overall weight of the product.
The global autoclaved aerated concrete (AAC) market size is projected to grow from USD 18.10 billion in 2020 to USD 30.84 billion by 2029, at a CAGR of 6.1%, during the forecast period.
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Autoclaved Aerated Concrete (AAC) Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Wehrhahn GmbH, ACICO Industries, Masa Group, AERCON AAC, Xella Group, Aircrete Europe B.V., Biltech Building Elements Limited, Broco Industries (Indonesia), JK Lakshmi Cement Ltd., and AERCON AAC and Others
Recent Development
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.
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.
Autoclaved Aerated Concrete (AAC) Market Segmentation:
Autoclaved Aerated Concrete Market by Product, 2020-2029, (USD Million)
Block, Lintel
Floor and Roof Panel
Wall Panel
Cladding Panel
Tile
Autoclaved Aerated Concrete Market by Size, 2020-2029, (USD Million)
Small
Medium
Large
Autoclaved Aerated Concrete Market by Application, 2020-2029, (USD Million)
Building Construction Materials
Road Construction
Roof Insulation
Bridge Sub-Structure
Void Filling
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Growth Factors:
Increasing demand from the Autoclaved Aerated Concrete (AAC) industries
The growing use of Autoclaved Aerated Concrete (AAC) in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Autoclaved Aerated Concrete (AAC) Market
Autoclaved Aerated Concrete (AAC) Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Autoclaved Aerated Concrete (AAC) Market Trends
- The report identifies, determines, and forecasts the Global Autoclaved Aerated Concrete (AAC) Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Autoclaved Aerated Concrete (AAC) Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Autoclaved Aerated Concrete (AAC) Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Autoclaved Aerated Concrete (AAC) Market.
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