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    Autoclaved Aerated Concrete (AAC) Market Analysis | 2023-2028

    Autoclaved Aerated Concrete (AAC) Market Analysis | 2023-2028
    Report code - SR2235 Delivery - 2 Weeks
    Autoclaved Aerated Concrete (AAC) Market Size, Share, Trend, Forecast, Competitive Analysi See more...

    Market Insights

    The Autoclaved Aerated Concrete (AAC) Market is expected to grow from USD 19.02 billion in 2022 to USD 26.68 billion by 2028 at a CAGR of 5.70% during the forecast period.

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    What is Autoclaved Aerated Concrete?

    Autoclaved aerated concrete is a ready-to-use lightweight foam concrete that can be used to create blocks that look like concrete masonry units (CMUs). Cement, lime, calcined gypsum, quartz sand, aluminum powder, and water are the primary components. AAC is cured in an autoclave under high heat and pressure. This type of concrete can be used both inside and outside. They can be painted and coated simultaneously to add structure while also being fire-resistant, mold-resistant, and insulating.

    Market Dynamics

    The growing emphasis on infrastructure development in developing countries is a key factor driving the growth of the autoclaved aerated concrete (AAC) market. Autoclaved aerated concrete products have excellent thermal and acoustic insulation properties, are lightweight, and have improved workability and durability. AAC products are also less expensive, greener, and more fire-resistant than traditional building materials such as concrete, brick, and stone.

    Autoclaved Aerated Concrete (AAC) Market Report Overview

    Market Size in 2028

    USD 26.68 billion

    Market Size in 2022

    USD 19.02 billion

    Market Growth (2023-2028)

    5.70% CAGR

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Segments Analysis

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories-

    By Product Type

    • Blocks 
    • Cladding Panels 
    • Beams & Lintels 
    • Wall Panels 
    • Roof Panels 
    • Floor Panels 
    • Others 

    By Application Type

    • Residential 
    • Non-Residential 

    By Region

    • North America 
    • Europe 
    • Asia-Pacific 
    • Rest of the World 

    By Product Type

    The autoclaved aerated concrete (AAC) market is segmented into blocks, cladding panels, beams & lintels, wall panels, roof panels, floor panels, and others. Blocks are expected to remain the largest and fastest-growing product type in the market during the forecast period. AAC blocks contribute to a 20% reduction in construction time as well as a significant reduction in wall joints. Furthermore, because only 5% of the blocks are cracked, lighter AAC blocks allow for faster construction and easier installation, as well as higher utilization. These blocks provide excellent thermal insulation, which helps to reduce HVAC costs. AAC blocks also provide improved acoustic insulation, making them an excellent choice for soundproofing hospitals, schools, hotels, multifamily housing, workplaces, and other structures.

    By Application Type

    The market is segmented as residential and non-residential. Residential is expected to remain the dominant as well as the faster-growing application type in the market during the forecast period. Non-residential buildings such as offices and coworking spaces must be built faster due to the rapid growth of large, medium, and small businesses, particularly in developing countries. Furthermore, an increase in domestic and international infrastructure development projects is expected to fuel the growth of the segment in the coming years.

    Regional Analysis

    Asia-Pacific is expected to remain the largest market for autoclaved aerated concrete (AAC) during the forecast period due to the fast pace of industrial and building activity growth. Furthermore, the market is expected to benefit from massive construction growth in countries such as China, Japan, and India. North America is expected to grow significantly due to increased infrastructure-related activity. Europe is expected to experience tremendous growth as a result of the massive increase in demand for efficient and lightweight building materials.

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    Key Players

    The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the autoclaved aerated concrete (AAC) market-

    • To Aercon AAC
    • Biltech Building Elements Ltd.
    • Buildmate Projects Pvt. Ltd
    • CSR Ltd.
    • Eastland Building Materials Co. Ltd.
    • H+H International A/S
    • JK Lakshmi Cement Ltd.
    • Mannok
    • UAL Industries Ltd.
    • Xella Group

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s autoclaved aerated concrete (AAC) market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Autoclaved Aerated Concrete (AAC) Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQ)

    The autoclaved aerated concrete (AAC) market is estimated to grow at a healthy CAGR of 5.70% over the next five years.

    The autoclaved aerated concrete (AAC) market is likely to reach USD 26.68 billion in 2028.

    The growing emphasis on infrastructure development in developing countries is a key factor driving the growth of the autoclaved aerated concrete (AAC) market. Autoclaved aerated concrete products have excellent thermal and acoustic insulation properties, are lightweight, and have improved workability and durability.

    Asia-Pacific is estimated to remain dominant in the autoclaved aerated concrete (AAC) market in the foreseen future. The segment's growth can be attributed to the rapid growth of the construction sector in developing countries such as India and China.

    Blocks are expected to remain the largest and fastest-growing product type in the market during the forecast period.

    Residential is expected to remain the dominant as well as the faster-growing application type in the market during the forecast period.

    Aercon AAC, UAL Industries Ltd., Mannok, H+H International A/S, JK Lakshmi Cement Ltd., Xella Group, Biltech Building Elements Ltd., CSR Ltd., Eastland Building Materials Co. Ltd., and Buildmate Projects Pvt. Ltd. are the leading players in the autoclaved aerated concrete (AAC) market.

    The market is studied from 2017 - 2028.