Press release
Autoclaved Aerated Concrete (AAC) Market Size Value to Cross USD 30.84 billion by 2029, Share, Trends and Forecast | Wehrhahn GmbH, ACICO Industries, Masa Group, AERCON AAC
The global market for Autoclaved Aerated Concrete (AAC) estimated at USD 18.10 billion in 2022, is projected to reach a revised size of USD 30.84 billion by 2029 registering a compounded annual growth rate (CAGR) of 6.1% over the period 2023-2029.The latest report titled Autoclaved Aerated Concrete (AAC) Market contains wide-broadening quantifiable facts of the market and studies current industry circumstances on a large scale to offer the market consequences, market value, and growth valuation. The report includes skilful examination, data on the overall market, as well as constraints and headway purposes of the future along with a noteworthy perception of the improvement of the global Autoclaved Aerated Concrete (AAC) market.
The report describes the profile of the top manufacturers of the global Autoclaved Aerated Concrete (AAC) market. It also covers segments such as competitor segment, product type segment, end use/application segment, and geography segment. The authors of the report have examined market demand, turnover, production and growth potential, geographic analysis, as well as current market developments in various regions and countries.
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Increase in Demand for Energy-efficient Building Solutions Boosts AAC Market
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.
Rise in Industrialization and Rapid Urbanization Augmenting Market
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.
Competitive Assessment:
The main research methodology applied here by the research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (industry experts) validation. This report helps to gather information about all the above factors by providing actionable market insights and comprehensive analysis. The Autoclaved Aerated Concrete (AAC) market report mainly focuses on important aspects of the market which include historical data, current market trends, environment, technological innovations, upcoming technologies, and technological advancement in the industry among others.
Leading market players in the Autoclaved Aerated Concrete (AAC) market is focusing on strategies such as expansion, new product launches, and acquisitions to gain large market share and enhance their global presence in the target market. Some Key Competitors of the Autoclaved Aerated Concrete (AAC) market is 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.
In December 2021, Thailand-based Siam Cement Group, through its subsidiary SCG International, entered into a joint venture with BigBloc Construction for manufacturing their patented product - ALC Panels - in Gujarat, India
In June 2022, Xella Group successfully completed sale of its insulation business URSA to Etex in order to simplify its portfolio. This step aims to focus its resources on the development of building materials solutions and aims to strengthen its position as a leading supplier of masonry solutions in Europe.
Autoclaved Aerated Concrete (AAC) Market Segmentation:
Autoclaved Aerated Concrete Market by Product, 2023-2029, (USD Million)
Block, Lintel
Floor and Roof Panel
Wall Panel
Cladding Panel
Tile
Autoclaved Aerated Concrete Market by Size, 2023-2029, (USD Million)
Small
Medium
Large
Autoclaved Aerated Concrete Market by Application, 2023-2029, (USD Million)
Building Construction Materials
Road Construction
Roof Insulation
Bridge Sub-Structure
Void Filling
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Regional Framework
The Autoclaved Aerated Concrete (AAC) Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the years 2023-2029 with respect to five major regions. The market by each region is later sub-segmented by respective countries and segments. The Autoclaved Aerated Concrete (AAC) market report covers the analysis and forecast globally along with the current trend and opportunities prevailing in the region.
⇨ North America (United States, Canada, and Mexico)
⇨ Europe (Germany, France, UK, Russia, and Italy)
⇨ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
⇨ South America (Brazil, Argentina, Colombia, etc.)
⇨ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
This Report Also Includes:
» Autoclaved Aerated Concrete (AAC) Market Insights methodology
» Tactics and suggestions for new entrants
» Segmentation analysis
» Economic indices
» Companies' strategic developments
» Autoclaved Aerated Concrete (AAC) Market growth drivers and restraints
» Selected illustrations of the market penetrations and trends
Crucial insights in Autoclaved Aerated Concrete (AAC) research report:
Underlying macro- and microeconomic factors impacting the Sales of Autoclaved Aerated Concrete (AAC).
Basic overview of the Autoclaved Aerated Concrete (AAC), including market definition, classification, and applications.
Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
Adoption trend and supply side analysis of Autoclaved Aerated Concrete (AAC) across various industries.
Important regions and countries offering lucrative opportunities to market stakeholders.
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The Study Objectives are:
✔ An in-depth look at the key players in the Autoclaved Aerated Concrete (AAC) market, as well as the data that goes with them.
✔ It includes a product portfolio, annual revenue, research and development spending, geographic presence, recent key developments, and growth strategies.
✔ Regional analysis, which includes information on the dominant Autoclaved Aerated Concrete (AAC) market and its share of the market.
✔ It also includes various socioeconomic factors that influence the market's evolution in the region.
✔ The report provides a detailed look at various members of the value chain, including raw material suppliers, distributors, and stockholders.
Key questions answered in the report:
✦ What is the Autoclaved Aerated Concrete (AAC) market's growth potential?
✦ Which product category will be the most profitable?
✦ In the coming years, which regional market will emerge as a leader?
✦ Which application segment will continue to expand at a steady rate?
✦ What are the potential growth opportunities in the Autoclaved Aerated Concrete (AAC) Market in the coming years?
✦ What are the most significant challenges that the global Autoclaved Aerated Concrete (AAC) Markets may face in the future?
✦ What are the top companies in the global Autoclaved Aerated Concrete (AAC) market?
✦ What are the main trends that are positively impacting the market's growth?
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