Autoclaved Aerated Concrete Market Share, Revenue, Trends, Growth Drivers, Key Players, Challenges and Future Investment Strategies Till 2033


Autoclaved Aerated Concrete Market Share, Revenue, Trends, Growth Drivers, Key Players, Challenges and Future Investment Strategies Till 2033: SPER Market Research

 Category : Chemical & Materials

 Published: Feb-2024
 Author: SPER Analyst

Autoclaved Aerated Concrete Market is projected to be worth USD XX Billion by 2033 with a CAGR of 6.5%.

Aircrete, foam concrete, autoclaved cellular concrete, autoclaved light-weight concrete or porous concrete are other names for autoclaved aerated concrete (AAC), a lightweight building material that weights between one-sixth and one-third that of normal concrete. AAC is typically offered as lintels, panels, blocks, and other shapes. Cement, fly ash or fine aggregate, and an expansion agent—typically aluminium powder—are the primary ingredients used in the production of AAC. This kind of concrete primarily consists of about 80% air, which is created by the expansion agent to lower the product's density and total weight.

Global Autoclaved Aerated Concrete Market Driving Factors and Challenges

The remarkable features of autoclaved aerated concrete (AAC), such as its superior fire resistance, lightweight design, and high thermal insulation, are propelling the product's expansion in the global market. AAC's fire resistance is increased by the presence of inorganic, non-combustible components such as gypsum, fly ash, cement, and lime. During manufacture, the autoclaving procedure lowers the water content, which prevents organic elements from growing on AAC components. This promotes market expansion, as does the lower building costs brought about by the usage of AAC. Because offsite AAC component manufacturing maintains external finishes and ensures perfect dimensional accuracy, less plastering is required. Because AAC blocks are larger than ordinary bricks, less mortar and joints are needed, which lowers costs. The market for autoclaved aerated concrete (AAC) is expanding as a result of these factors working together to satisfy customer demand for affordable, fire-resistant, and environmentally friendly building materials.

The autoclaved aerated concrete (AAC) business is growing, but it is hampered by a lack of knowledge about the advantages of AAC components. The market for non-traditional building materials like AAC is hampered by a high reliance on traditional clay-fired bricks, particularly in developing nations. In addition, because to the protracted lockdown in several key international nations, including the United States, Italy, and the United Kingdom, the COVID-19 epidemic has stopped AAC manufacture, sales, and supply chains. This has considerably impeded the market expansion for autoclaved aerated concrete (AAC) over the last several months. Conversely, it is projected that the market for autoclaved aerated concrete (AAC) would expand due to the need for high-quality material in durable construction. Additionally, the simplicity of producing AAC components might attract new players in the AAC industry.

Impact of COVID-19 on Global Autoclaved Aerated Concrete Market
The AAC market has been impacted by the COVID-19 epidemic, which has caused supply chain and construction activity interruptions. Nonetheless, when building projects pick back up and governments give infrastructure development top priority in an effort to boost economies, the market is anticipated to rebound. The global market for autoclaved aerated concrete (AAC) has been adversely impacted by the COVID-19 pandemic mostly because to the cessation of international trade, extended lockdowns, and ceased construction and manufacturing activities.

Autoclaved Aerated Concrete Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; AERCON AAC, AKG Gazbeton, BAUROC AS, Biltech Building Elements Limited, CICO Group, Eastland Building Materials Co., Ltd, HIL Limited, JK Lakshmi Cement Ltd, Renaatus Procon Private Limited, Thomas Armstrong (Concrete Blocks) Limited, UltraTech Cement Ltd., Xella International, Others.

Global Autoclaved Aerated Concrete Market Segmentation:

By Type: Based on the Type, Global Autoclaved Aerated Concrete Market is segmented as; Beams and Lintels, Blocks, Cladding Panels, Floor Elements, Roof Panels, Wall Panels, Others.

By Application: Based on the Application, Global Autoclaved Aerated Concrete Market is segmented as; Bridge Sub-Structure, Concrete Pipes, Construction Material, Road Sub-Base, Roof Insulation, Void Filling.

By End User: Based on the End User, Global Autoclaved Aerated Concrete Market is segmented as; Commercial Buildings, Public Infrastructure, Residential Buildings.

By Region: This research also includes data for Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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