Press release
Autoclaved Aerated Concrete Market: At a CAGR of 7.2% Poised to Garner Maximum Revenues by 2027
Autoclaved Aerated Concrete Market
The global autoclaved aerated concrete (AAC) market size is expected to reach $26.9 billion in 2027 from $17.1 billion in 2019, growing at a CAGR of 7.2% from 2020 to 2027.
One of the standout features of AAC is its remarkable lightness. This concrete variant is composed of approximately 80% air, introduced through an expansion agent during production. This ingenious method significantly reduces the material's density and overall weight. As a result, AAC panels and blocks are notably lighter than their conventional counterparts, making them easy to handle and transport.
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The AAC market has been experiencing significant growth in recent years due to several factors. One of the primary drivers is the increasing demand for sustainable and energy-efficient construction materials. AAC offers superior thermal insulation, reducing energy consumption for heating and cooling in buildings. Additionally, it is fire-resistant, has excellent acoustic properties, and is resistant to pests and mold, making it an attractive choice for builders.
Top Players:
Key players in the AAC market include manufacturers such in the autoclaved aerated concrete (AAC) industry include Aercon AAC, AKG Gazbeton, Bauroc AS, Ballarpur Industries Limited (BILT), HIL Limited, CSR Ltd., Forterra plc, H+H International A/S, JK Laxmi Cement Ltd., and Xella International GmbH.
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Top Players:
The major players operating in the autoclaved aerated concrete (AAC) industry include Aercon AAC, AKG Gazbeton, Bauroc AS, Ballarpur Industries Limited (BILT), HIL Limited, CSR Ltd., Forterra plc, H+H International A/S, JK Laxmi Cement Ltd., and Xella International GmbH.
Key Segments Are:
By END USER
Residential
Non-residential
By APPLICATION
Walls
Floors & roofs
Others
By Region
North America (US, Canada, Mexico)
Europe (Germany, UK, France, rest of Europe)
Asia-Pacific (China, Japan, India, rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
Overall, the autoclaved aerated concrete market is witnessing steady growth and is expected to continue expanding as the demand for sustainable building materials increases worldwide.
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