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Autoclaved Aerated Concrete Market: A Lightweight Building Solution At a CAGR of 7.2% 2027

03-21-2024 11:39 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Autoclaved Aerated Concrete Market

Autoclaved Aerated Concrete Market

Autoclaved aerated concrete, also referred to as autoclaved lightweight concrete, aircrete, foam concrete, autoclaved cellular concrete, or porous concrete, presents itself as a lightweight alternative for constructing walls and other non-load-bearing components.

Available in various forms such as panels and blocks, AAC finds application in wall cladding, flooring, roofing, partition walls, and more. With approximately 80% of its composition comprising air induced by expansion agents to lower density and weight, AAC offers notable benefits.

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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. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for 52.7% share of the global autoclaved aerated concrete (AAC) market.

The autoclaved aerated concrete (AAC) market sees significant contributions from Europe and the Asia-Pacific regions. Leading nations like China, Germany, Poland, and the UK dominate both production and consumption due to the demand for AAC's lightweight nature and excellent thermal insulation properties. Moreover, in developing nations such as India, Bangladesh, and Mexico, there's a growing awareness against traditional clay bricks, which is expected to drive the AAC market's growth in these regions.

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Segmentation Based On:

The global autoclaved aerated concrete (AAC) market is segmented on the basis of product type, end user, application, and region.

Depending on product type, the market is classified into blocks, panels, and others. According to end user, it is categorized into residential and non-residential. On the basis of application, it is classified into walls, floors & roofs, and others.

The global autoclaved aerated concrete (AAC) market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the study period, and LAMEA is expected to grow at the fastest rate.

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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.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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