Press release
Autoclaved Aerated Concrete (AAC) Market Growing Demand and Huge Future Opportunities by 2031
๐๐๐ซ๐๐ญ๐๐ ๐๐ฎ๐ญ๐จ๐๐ฅ๐๐ฏ๐๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐๐๐The global aerated autoclaved concrete (AAC) market was valued at US$ 14.7 Bn in 2021
It is estimated to expand at a CAGR of 7.01% from 2022 to 2031
The global aerated autoclaved concrete (AAC) market is expected to reach US$ 29.1 Bn by the end of 2031
๐๐๐ญ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ - https://www.transparencymarketresearch.com/autoclaved-aerated-concrete-market.html
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ' ๐๐ข๐๐ฐ๐ฉ๐จ๐ข๐ง๐ญ ๐จ๐ง ๐๐๐ซ๐๐ญ๐๐ ๐๐ฎ๐ญ๐จ๐๐ฅ๐๐ฏ๐๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ง๐๐ซ๐ข๐จ
Autoclaved aerated concrete (AAC) has achieved global recognition due to its low environmental impact and initiatives by governments to promote the construction of green buildings. AAC is a highly preferred, lightweight, precast sustainable building material. Aerated concrete offers a unique combination of low weight, strength, and durability as compared to traditional clay bricks. Overall increase in construction and infrastructure-related activities worldwide has fueled the demand for residential, commercial, and industrial construction, leading to consistent expansion of the building materials industry. Energy consumed for the production of AAC is less as compared to that of other building materials. AAC consumes approximately 50% and 20% less energy as compared to concrete and CMUs, respectively. AAC reduces heating and cooling requirements by up to 30% due to its thermal insulation properties, resulting in continued financial benefits during the life of the construction. AAC is the most energy- and resource-efficient building material. This is expected to drive the AAC market during the forecast period.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12650
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐๐ญ๐๐ ๐๐ฎ๐ญ๐จ๐๐ฅ๐๐ฏ๐๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
Autoclaved aerated concrete (AAC), also termed as autoclaved cellular concrete (ACC) or autoclaved lightweight concrete (ALC), is a newly adopted lightweight precast building material. The product has been in use since 1923; however, it has gained popularity in the last few years due to its ability to provide rigid structure, insulation, fire-resistance, and economy of construction. Its products are used as eco-friendly green building materials. AAC is manufactured by using fly ash, which is an unavoidable waste of thermal power plants and is available in abundance.
๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ง๐๐ซ๐ ๐ฒ-๐๐๐๐ข๐๐ข๐๐ง๐ญ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐๐จ๐จ๐ฌ๐ญ๐ฌ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ
Aerated concrete is a currently a highly preferred, sustainable building material and it is gaining traction worldwide. Aerated concrete is a cellular, porous, and ultra-weight concrete product. It weighs as less as one-fifth of ordinary concrete. It offers a unique combination of low weight, strength, and durability as compared to traditional clay bricks and hence, it is preferred more than traditional concrete.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=12650
๐๐ข๐ฌ๐ ๐ข๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ฉ๐ข๐ ๐๐ซ๐๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ ๐ฆ๐๐ง๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Demand for building materials is primarily driven by expansion of the construction sector globally. Overall increase in construction and infrastructure-related activities due to the major shift from agriculture-based economy to industry-based economy has resulted in rise in demand for residential, commercial, and industrial construction leading to consistent expansion in the building materials industry.
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐๐ญ๐๐ ๐๐ฎ๐ญ๐จ๐๐ฅ๐๐ฏ๐๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ
The global AAC market is highly consolidated particularly in Asia Pacific and Europe with the presence of numerous players trying to remain competitive in the rapidly growing market and to cater to the ever-growing demand for aerated autoclaved concrete. To achieve this, aerated autoclaved concrete (AAC) manufacturers focus on various strategies such as expansion of their manufacturing facilities across the globe and increasing their business reach. Key players also focus on vertical integrations across the value chain, mergers and acquisitions, and product innovation in order to lead the global market and remain competitive in the industry over time. Xella Group, H+H International, ACICO, and Bigbloc Construction Limited are the prominent entities operating in the market.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=12650
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Rohit Bhisey
Transparency Market Research Inc.
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