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Autoclaved Aerated Concrete Global Market Estimated to Surge at a CAGR of 9.0% to Reach $24.22 Billion By 2028 | Aercon Florida LLC, UAL Industries Ltd., UltraTech Cement Ltd., AerBlock LLC, Siporex India
Autoclaved Aerated Concrete Market
As per the report, the autoclaved aerated concrete market size has grown strongly in recent years. It will grow from $15.59 billion in 2023 to $17.13 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The autoclaved aerated concrete market size is expected to see strong growth in the next few years. It will grow to $24.22 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%.
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Green Building Construction Driving Growth In The Autoclaved Aerated Concrete Market
The increasing construction of green buildings is expected to propel the growth of the autoclaved aerated concrete market. Green buildings are more energy-efficient and sustainable so that they have a lower carbon footprint and a minimal impact on the environment. For instance, in October 2022, according to an article published by the US Green Building Council (USGBC), a US-based non-profit organization that promotes sustainability in building design, construction, and operation, over 36,835 projects covering 4.63 billion gross square feet earned Leadership in Energy and Environmental Design (green building) certification until 2021. Moreover, in the first three quarters of 2022, over 5,000 additional projects were certified, with the highest concentration in the United States and Canada (74%), followed by East Asia (9%) and Europe (6%). Therefore, the increasing green building construction is driving the growth of the autoclaved aerated concrete market.
Technological Advancement Revolutionize The Autoclaved Aerated Concrete Market
Technological advancement is a key trend gaining popularity in the autoclaved aerated concrete market. Technological advancement is the discovery of knowledge that advances the understanding of technology. For instance, in March 2022, ACC Limited, an India-based cement manufacturing company, launched ACC Airium, based on insulating technology. ACC Airium is an aerated concrete product that provides insulation to the surface during the construction process and is suitable for homes, offices, and buildings.
The autoclaved aerated concrete market covered in this report is segmented -
1) By Type: Block, Lintel, Panel, Other Types
2) By Application: Construction Material, Roof Insulation, Roof Sub Bases, Bridge Sub-Structures, Concrete Pipes, Void Filling, Other Applications
3) By End User: Residential, Non-residential
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Major companies operating in the autoclaved aerated concrete market report are Aerated Concrete Industries Company, Aercon Florida LLC, Akg Gazbeton Isletmeleri AS, Bauroc AS, Biltech Building Elements Limited, Brickwell Manufacturing Private Limited, Buildmate Projects Pvt. Ltd., Eastland Building Materials Co. Ltd., Health and Happiness International A/S, JK Lakshmi Cement Ltd., Masa GmbH, Parin Beton Amood Company, UAL Industries Ltd., UltraTech Cement Ltd., Haniel Bau-Industrie GmbH, Solbet Sp. z o. o, Lafarge Tarmac, Xella International GmbH, Eco Green Products Pvt. Ltd., Hyderabad Industries Limited, Renaatus Procon Private Limited, Thomas Armstrong Limited, AerBlock LLC, Aerix Industries Pvt. Ltd., CSR Hebel, DOMAPOR Baustoffwerke Beteiligungsgesellschaft mbH, HESS AAC Systems B. V., KLB Klimaleichtblock GmbH, RPP Group of Companies, Siporex India
Contents of the report:
1. Executive Summary
2. Autoclaved Aerated Concrete Market Report Structure
3. Autoclaved Aerated Concrete Market Trends And Strategies
4. Autoclaved Aerated Concrete Market - Macro Economic Scenario
5. Autoclaved Aerated Concrete Market Size And Growth
…..
27. Autoclaved Aerated Concrete Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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