Autoclave Aerated Concrete Market Size - By Product Type (Blocks, Beams & Lintels, Panels, Floor elements), Application (Residential, Non-residential {Commercial, Industrial}), & Forecast, 2024 – 2032
Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Construction | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAutoclave Aerated Concrete Market Size - By Product Type (Blocks, Beams & Lintels, Panels, Floor elements), Application (Residential, Non-residential {Commercial, Industrial}), & Forecast, 2024 – 2032
Autoclave Aerated Concrete Market Size
Autoclave Aerated Concrete Market was valued at around USD 22 billion in 2023 and is anticipated to register a CAGR of over 6.1% between 2024 and 2032, driven by the increasing demand for sustainable construction materials, coupled with a growing emphasis on energy-efficient buildings globally. Moreover, government initiatives promoting green building technologies and stringent regulations regarding energy efficiency have further propelled the adoption of AAC.
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In addition to its environmental benefits, AAC offers cost savings during construction due to reduced transportation costs and faster installation times compared to traditional building materials. The market is also bolstered by advancements in manufacturing processes, leading to improved product quality and consistency. However, challenges such as limited awareness among end-users and fluctuating raw material prices hinder the market's growth to some extent. Despite these challenges, the AAC market is expected to continue its upward trajectory, driven by ongoing urbanization, infrastructure development, and the increasing focus on sustainable construction practices.
Report Attribute | Details |
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Base Year | 2023 |
Autoclave Aerated Concrete Market Size in 2023 | USD 22.16 billion |
Forecast Period | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR | 6.1% |
2032 Value Projection | USD 37 billion |
Historical Data for | 2021 – 2023 |
No. of Pages | 300 |
Tables, Charts & Figures | 250 |
Segments covered | Product type, Application |
Growth Drivers |
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Pitfalls & Challenges |
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Imagine having a building material that's like a superhero in the construction world. It's incredibly strong, keeps you warm in the winter and cool in the summer, and best of all, it's good for the environment. That's AAC, or autoclaved aerated concrete. But here's the catchnot many people know about this amazing material. Instead, they stick to the old-fashioned stuff, even though AAC could give them a better home for less money and less harm to the planet. The problem is, people don't realize how great AAC is. They think it's just like any other material, but it's not. It's stronger, more efficient, and better for the environment. So, we need to spread the word about AAC. We need to show people how amazing it is, with examples of beautiful and energy-efficient homes that have been built with it. We need to explain how it can save them money and keep their families comfortable and healthy. And we need to make sure that builders, architects, and even the government know about AAC. They need to be able to recommend it to homeowners who want the best for their families and the planet. Together, we can make AAC the superhero of the construction industry, helping people build homes that are stronger, more comfortable, and better for the environment.
Autoclave Aerated Concrete Market Trends
The autoclaved aerated concrete industry has witnessed significant growth driven by sustainability remains a pivotal factor, with AAC being recognized for its eco-friendly properties. As sustainability concerns continue to shape consumer preferences, AAC's low environmental impact, energy efficiency, and recyclability have propelled its adoption. Moreover, AAC's lightweight nature reduces transportation costs and carbon emissions, further enhancing its appeal.
As cities grow and people become more environmentally conscious, the construction industry is embracing greener building practices. This, along with the rise of energy-efficient buildings, has given a big boost to the use of autoclaved aerated concrete (AAC). AAC is a great insulator, which helps buildings use less energy for heating and cooling. This is a big deal because building codes around the world are getting stricter and requiring homes to be more sustainable. Plus, AAC is easy to use and can be used for all kinds of buildings, from houses to businesses. As technology gets better, AAC is also getting better. New ways of making it have led to stronger, longer-lasting, and more fire-resistant products. This makes AAC a great choice for a wide range of construction projects.
Autoclave Aerated Concrete Market Analysis
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Based on product type, the blocks segment crossed USD 10.5 billion in 2023 and is expected to reach USD 17 billion by 2032. Blocks, being the most commonly used AAC product, dominate the market owing to their versatility and widespread application in both residential and commercial construction. Their lightweight nature, coupled with excellent thermal insulation properties, drives their popularity. Beams & lintels follow, representing a significant portion of the market share, particularly in structural applications where AAC's strength and load-bearing capabilities are leveraged.
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Based on application, the residential applications accounted for over 64% market share in 2023 and is projected to grow through 2032. The increasing demand for sustainable and energy-efficient housing solutions, coupled with AAC's superior thermal insulation properties and durability, drives its widespread adoption in residential buildings. Moreover, government initiatives promoting affordable housing and green building practices further boost autoclave aerated concrete market share in the residential sector.
On the other hand, the non-residential segment, encompassing commercial and industrial construction, also contributes significantly to the AAC market. Commercial buildings, such as offices, retail spaces, and educational institutions, increasingly favor AAC due to its versatility, cost-effectiveness, and compliance with stringent building regulations. Similarly, in industrial construction, AAC finds applications in warehouses, factories, and manufacturing facilities, where its fire resistance and acoustic insulation properties are valued.
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The Asia Pacific market for a building material called aerated concrete has grown a lot lately, hitting over $9.2 billion in 2023. It's predicted to keep growing and reach $15.1 billion by 2032. China is the biggest player in this market because they're building a ton of stuff, the government is pushing for eco-friendly construction, and they're big on saving energy. China's building industry is booming, and they have a huge population and lots of cities, so they need lots of AAC for homes, businesses, and factories. But India is also doing well in this market because of government programs like the Smart Cities Mission and Housing for All, which want to make housing affordable and sustainable. Other countries in Asia Pacific, like Vietnam, Indonesia, and Malaysia, are also using AAC more, but not as much as China and India.
Autoclave Aerated Concrete Market Share
The autoclaved aerated concrete industry exhibits a fragmented landscape, characterized by a mix of global and regional players. Leading the pack are companies like Xella International (owner of the Ytong brand) and H+H Celcon, with a strong presence across Europe and North America. These players benefit from established distribution networks, brand recognition, and diverse product portfolios.
Regionally focused players like Solbet (Eastern Europe), ACICO Group (Middle East), and JK Lakshmi Cement (India) hold significant market share in their respective territories. They often leverage local expertise, cost-effective production, and established relationships to compete effectively. Other participants like Magicrete, Biltech, Bauroc, and Eastland Building Materials cater to specific markets or product segments. Additionally, companies like Ecotrend Materials and Zyapex represent a growing trend of eco-conscious AAC producers.
This fragmentation creates a dynamic environment where competition hinges on factors like product innovation, production efficiency, regional focus, and commitment to sustainability. The established players constantly battle to maintain their market share, while regional and niche players strive to carve out their space. This ongoing competition ultimately benefits consumers with a wider range of AAC options at competitive prices.
Autoclave Aerated Concrete Market Companies
Major players operating in the autoclave aerated concrete industry include
- ACICO Group
- Aercon
- Bauroc
- Biltech Building Elements Limited
- Eastland Building Materials
- Ecotrend Materials
- H H Celcon
- HIL Limited
- JK Lakshmi Cement
- Magicrete
- Solbet
- Thomas Armstrong
- Xella International
- Zyapex
Autoclave Aerated Concrete Industry News
- In April 2024, Aercon LLC, a Florida-based autoclaved aerated concrete producer, and Litecrete S.A. de C.V., the parent company of Miami steel fabricator Litecrete Inc., announced a new joint venture. The partnership aims to construct a 120,000-sq.-ft. plant in Kerrville, Texas, dedicated to manufacturing thin, reinforced AAC panels for wood or light gauge metal buildings. The $40 million Megaacrete operation, scheduled to start in 2025, will utilize Aircrete Europe casting and curing technology to produce AAC panels under the branded Power Panel, Power Floor, or Firewall series. These panels will come in lengths ranging from 4 to 10 feet and thicknesses of 2, 3, or 4 inches. The joint venture will primarily target markets in the Midwest and West regions, highlighting AAC's key properties, including rapid construction, thermal and acoustic insulation, resistance to pests and mold, and superior fire ratings.
This autoclave aerated concrete market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Billion) (Kilo Tons) from 2021 to 2032, for the following segments
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Market, By Product Type
- Blocks
- Beams & Lintels
- Panels
- Floor elements
- Other
Market, By Application
- Residential
- Non-Residential
- Commercial
- Industrial
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Table of Content
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Key manufacturers
3.1.2 Distributors
3.1.3 Profit margins across the industry
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Ongoing urbanization and infrastructure development
3.2.1.2 Growing need for construction materials that are light
3.2.1.3 High durability and longevity of AAC
3.2.1.4 Government initiatives promoting green building technologies
3.2.2 Market challenges
3.2.2.1 Limited awareness among end-users
3.2.2.2 High initial investment costs
3.2.3 Market opportunity
3.2.3.1 New opportunities
3.2.3.2 Growth potential analysis
3.3 Raw material landscape
3.3.1 Manufacturing trends
3.3.2 Technology evolution
3.3.2.1 Sustainable manufacturing
3.3.2.1.1 Green practices
3.3.2.1.2 Decarbonization
3.3.3 Sustainability in raw materials
3.3.4 Raw material pricing trends (USD/Ton)
3.3.4.1 U.S.
3.3.4.2 European Union
3.3.4.3 UK
3.3.4.4 China
3.3.4.5 Southeast Asia
3.3.4.6 GCC
3.4 Regulations & market impact
3.5 Porter’s analysis
3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix
Chapter 5 Market Size and Forecast, By Product Type, 2021-2032 (USD Billion, Kilo Tons)
5.1 Key trends
5.2 Blocks
5.3 Beams & Lintels
5.4 Panels
5.5 Floor elements
5.6 Other
Chapter 6 Market Size and Forecast, By Process, 2021-2032 (USD Billion, Kilo Tons)
6.1 Key trends
6.2 Skin autoclave aerated concrete
6.3 Shrink autoclave aerated concrete
6.4 Others
Chapter 7 Market Size and Forecast, By Application, 2021-2032 (USD Billion, Kilo Tons)
7.1 Key trends
7.2 Residential
7.3 Non-Residential
7.3.1 Commercial
7.3.2 Industrial
Chapter 8 Market Size and Forecast, By Region, 2021-2032 (USD Billion, Kilo Tons)
8.1 Key trends
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Australia
8.4.6 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Mexico
8.5.3 Argentina
8.5.4 Rest of Latin America
8.6 MEA
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 South Africa
8.6.4 Rest of UAE
Chapter 9 Company Profiles
9.1 ACICO Group
9.2 Aercon
9.3 Bauroc
9.4 Biltech Building Elements Limited
9.5 Eastland Building Materials
9.6 Ecotrend Materials
9.7 H H Celcon
9.8 HIL Limited
9.9 JK Lakshmi Cement
9.10 Magicrete
9.11 Solbet
9.12 Thomas Armstrong
9.13 Xella International
9.14 Zyapex
- ACICO Group
- Aercon
- Bauroc
- Biltech Building Elements Limited
- Eastland Building Materials
- Ecotrend Materials
- H H Celcon
- HIL Limited
- JK Lakshmi Cement
- Magicrete
- Solbet
- Thomas Armstrong
- Xella International
- Zyapex
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