ID: MRFR/CO/7176-HCR | February 2023 | Region: Global | 110 Pages
Autoclaved Aerated Concrete Market is projected to be worth USD 17,349.70 million by 2030, registering a CAGR of 6.50% during the forecast period (2022 - 2030).
$17,349.70
6.50%
Asia-Pacific
2022-2030
The Global Autoclaved Aerated Concrete Market size was valued at 17,349.70 Million in 2030, which is expected to witness 6.50% CAGR during the forecast period. The autoclave is a product with special properties. It is a masonry product that is very light in weight. It is popular due to its distinctive properties to regular cement. It has only one-fifth weight when compared to conventional cement. The tiny pockets of air particles make this cemented lightweight. Due to its unique cellular structure, the demand for autoclaved aerated concrete is high. With this product manufacturing roof, cladding, floor, blocks and wall panels are possible.
The growth of this product is substantial in the forecast period. Due to its cost-efficiency, the demand for the product is rising. There are lots of benefits such as energy efficiency when using these concrete for construction. The demand from the construction market remains the key trend in this industry. Today, the concept of an affordable home is prevalent in many regions.
Due to their cost effectiveness, these concrete materials are used in such constructions. In recent years, there is a massive upsurge in residential complexes. These factors drive demand for the aerated concrete market. Especially, regions such as the Asia Pacific and Europe have immense demand for such concrete materials. The rising investments from this region will lead to market expansion. All these are factors that will have an exceptional impact on the market value.
The Global Autoclaved Aerated Concrete Market has been segmented into five regions, namely, North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2018, the market in Europe was the largest market for Autoclaved aerated concrete, followed by Asia-Pacific and North America.
Europe region dominated the global autoclaved aerated concrete Industry in terms of revenue owing to the growing application of autoclaved aerated concrete as the building material in this region. As per the European Construction Industry Federation (FIEC), the construction industry in Europe is growing with a 2% growth rate and is estimated to follow this trend in the coming years. The major producers of autoclaved aerated concrete are Germany, Poland, and the U.K.
Asia-Pacific is set to witness the highest growth rate in the global market for autoclaved aerated concrete due to the rapid urbanization in China, India, and other emerging economies in the region. The presence of leading manufacturers coupled with growing construction industry has led to a high demand for autoclaved aerated concretes in Asia-Pacific.
The Key Players in the Global Autoclaved Aerated Concrete Market include Wehrhahn GmbH (Germany), ACICO Industries (Kuwait), Masa Group (Germany), AERCON AAC (India), Xella Group (Germany), Aircrete Europe B.V. (Netherlands), Biltech Building Elements Limited (India), Broco Industries (Indonesia), JK Lakshmi Cement Ltd. (India), and AERCON AAC (US).Global Autoclaved aerated concrete Market: Segmental Analysis
The Global Autoclaved Aerated Concrete Market has been segmented based on product type, size application and End-use. The global market for autoclaved aerated concrete is segmented based on product type, as a block, lintel, floor and roof panel, wall panel, cladding panel, tile and others. In terms of value, blocks will continue to dominate the global autoclaved aerated concrete market, based on product type. autoclaved aerated concrete blocks have maintained their popularity in the construction industry
The Global Autoclaved Aerated Concrete Market is segmented on the basis of size as small, medium and large. large AAC blocks are primarily used for road construction so this segment is likely to hold majority of market share. Furthermore, the key manufacturers in the autoclaved aerated concretes market are focusing on the AAC blocks, leading to a majority of share of this segment.
Based on the application, the global autoclaved aerated concrete market is segmented as building construction materials, road construction, roof insulation, bridge sub-structure, void filling, and others. The building construction material segment holds the majority of market share in the global autoclaved aerated concretes market. Based on end-use, the global autoclaved aerated concrete market is segmented as residential, commercial, industrial and infrastructure. The commercial sector is likely to hold the largest market share in the global Autoclaved aerated concrete marketRecent Development
August 2019
HIL is a German company that is acquiring shares of GmbH. It is a company that distributes a wide range of flooring materials to the construction market. This acquisition will lead to many profits in the market.
April 2019
H+H is a company that is signing a new agreement with a concrete company. It is acquiring 100% shares of the Grupa Ozarow SA. It is a company that is the largest producer of concrete in Europe. This acquisition will create plenty of supply and growth in the global market.
Report Attribute/Metric | Details |
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Market Size | 2030: USD 17,349.70 Million |
CAGR | 2030: 6.50% CAGR |
Base Year | 2021 |
Forecast Period |  2022 to 2030 |
Historical Data | 2019Â &Â 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | by Technology, by Application, by Material |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Wehrhahn GmbH (Germany), ACICO Industries (Kuwait), Masa Group (Germany), AERCON AAC (India), Xella Group (Germany), Aircrete Europe B.V. (Netherlands), Biltech Building Elements Limited (India), Broco Industries (Indonesia),  JK Lakshmi Cement Ltd. (India), and AERCON AAC (US). |
Key Market Opportunities |
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Key Market Drivers |
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Global autoclaved aerated concrete market is projected to grow at approximately 6.50% CAGR during the assessment period (2022-2030).
Global autoclaved aerated concrete market had created a valuation of around USD 17,349.70 million in 2030.
Based on product type, the blocks segment, based on size, the large AAC blocks, and based on application, the building construction material segment holds the majority of market share in the global autoclaved aerated concretes market.
Europe holds the largest share in the global autoclaved aerated concrete market, followed by the Asia Pacific and North America, respectively.
ACICO Industries (Kuwait), AERCON AAC (US), AERCON AAC (India), Masa Group (Germany), JK Lakshmi Cement Ltd. (India), Xella Group (Germany), Biltech Building Elements Limited (India), Broco Industries (Indonesia), Wehrhahn GmbH (Germany), and Aircrete Europe B.V. (Netherlands), are some of the top players operating in the global autoclaved aerated concrete industry.