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Global Autoclaved Aerated Concrete (AAC) Market size was valued at around $10.61 Billion in 2023 and is expected to reach a value of $14.76 Billion by 2031, at a CAGR of 5.9% over the forecast period (2024–2031).
Autoclaved Aerated Concrete (AAC) has developed due its sustainable and durable building material globally, prized for its strong but lightweight qualities. AAC was first developed in Sweden in the late 1920s, innovative manufacturing process and beneficial properties have led to its rising demand in the building industry.
Fine aggregate, cement, water, and a trace amount of aluminium paste or powder put to together in AAC. AAC is made by its distinctive features like aluminium paste and a curing agent (often lime) react chemically, releasing hydrogen gas to aerate the mixture. The material's regularly spaced, closed-cell gaps are produced during the aerating process, giving the final product strength with light weight.
Exceptional thermal insulation properties is AAC's essential characteristics. Since it has the air pockets created during manufacturing, it has good thermal efficiency and reduces building heating and cooling costs. These characteristics makes AAC particularly attractive in regions with extreme climates, where maintaining stable indoor temperatures is crucial for energy efficiency and occupant comfort.
AAC is its fire resistance is one of its notable advantage.its high point of melting and artificial makeup, which allow it to resist high temperatures without releasing dangerous gases, the material is a safe choice for areas that are subject to fire hazards or where stringent fire safety regulations are in place.
AAC makes construction easier and requires less money for transportation due to its lightweight. its easy handling character makes it easy for quicker installation times, making AAC favoured in both residential and commercial construction projects Smooth surfaces and dimensional accuracy of AAC enable design freedom without compromising structural integrity, making precise cutting and shaping during construction easier.
Autoclaved Aerated Concrete (AAC) is considered sustainable from an environmental standpoint because of production requires less energy compared to traditional building materials like concrete or clay bricks. AAC uses a lot of raw materials, such as sand and fly ash, which are readily available and minimally impact natural resources. Its durability and low maintenance requirements contribute to its lifecycle sustainability, offering long-term benefits to builders and property owners alike.
The long-term benefits of AAC, such as energy savings, durability, and reduced maintenance costs, offset its initial manufacturing expenses. As technological advancements and economies of scale continue to improve, there is potential for AAC production costs to decrease over time, making it a more economically viable choice in the construction industry.
The report will cover the qualitative and quantitative data on the global Autoclaved aerated concrete (AAC) Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
By Product (Blocks, Beams & Lintels, Cladding Panels, Wall Panels, Roof Panels, Floor Elements), By Application (Residential, Commercial, Industrial)
Study Period | 2024-32 |
Base Year | 2023 |
Estimated Forecast Year | 2024-32 |
Growth Rate | CAGR of 4.0% from 2024 to 2032 |
Segmentation | By Product, By Application, By Region |
Unit | USD Billion |
By Product |
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By Application |
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By Region |
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In May 2023, Henkel announced the opening of Loctite Powerbond Instant glue, a new construction glue. This glue is intended to give a robust, immediate binding to a range of substrates, such as plastic, metal, and wood.
In April 2023, 3M announced the expansion of their construction adhesive portfolio with the launch of 3M Scotch-WeldTM Structural Adhesive DP450. Among other structural applications, this adhesive is used to join steel beams and columns.
The market scope is segmented because of By Product, By Application.
AAC blocks are the leading segment in the market, projected to grow at a xx% CAGR during the forecast period, driven by their numerous construction benefits. AAC blocks are identified for their affordability, adaptability, and speed of construction, and they are widely used throughout the world in the social, modern, and commercial sectors.it is expected that AAC blocks will keep in increasing, supported by their suitability for various applications including high-rise buildings, pavements, and railroad bridges, owing to their quick installation, high thermal efficiency, and structural durability .For solidity, light weight, eco-friendliness, and ease of reuse AAC panels are becoming more popular.
The commercial sector holds the largest share in the market and is projected to expand at a xx% CAGR throughout the forecast period. Building material manufacturers for autoclaved aerated concrete (AAC) are rapidly growing their product lines and geographic reach in an effort to capitalise on the autoclaved aerated concrete industry. Increasing awareness and demand for eco-friendly materials to support environmental conservation efforts are stimulating market growth. AAC's application in commercial construction is anticipated to maintain its prominence in the foreseeable future, driven by its superior qualities compared to conventional concrete, including high tensile strength, enhanced compressive capabilities, and ease of machining.
Asia Pacific holds the largest market share globally and is projected to grow at a XX% CAGR during the forecast period, driven by rapid urbanization and expansion in the real estate sectors of China and India. In India, the government's ambitious 'Pradhan-Mantri Awas Yojana- Gramin Program' aims to construct 60 million new homes with an investment of USD 1.3 trillion by March 2024. Similarly, China has revealed extensive plans, including relocating 250 million people to new megacities over the next decade, fuelling rapid growth in its residential property sector. The region's increasing consumer electronics and construction industries are expected to boost demand for AAC in the coming years, supported by factors such as China's industrialization, abundant raw materials, and cost-effective labour.
North America has also been witness to a steady increase in the demand for AAC material owing to new manufacturing plants and awareness regarding sustainable construction practices. Both State councils by the World Green Building Council and governmental support in green building construction spur market expansion. Technological manufacturer focus on Strategies in AAC Production, Revenue Generation at market players gain competitive edge with the use of advanced technology.
Rising consumer awareness coupled with growing elemental application will primarily boost the Europe AAC market size owing to local manufacturing facilities in countries including U.K., Germany, Poland and Russia. AAC adoption is being driven by the commercial sector in the region along with some legislative incentives to promote AAC. The energy-efficient nature of AAC coupled with its sustainability and monetary saving have emerged as key trends that influence the market expansion, combined to which are policies in EU for bringing down building-applied energy demand..
Gradual growth is anticipated in the LAMEA region spurred by infrastructure and commercial development requirements in UAE & Saudi Arabia. This is leading to the construction boom in the Middle Eastern countries such as Saudi Arabia, Iraq and others where AAC has a great potential. Economic recovery and a gradual rise in per capita income are fuelling the construction projects in South America, thus aiding growth of pumps market on regional basis.
The objective of the report is to present comprehensive analysis of Global Autoclaved Aerated Concrete Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
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12 Jul 2023
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