Global Autoclaved Aerated Concrete Market was valued at USD9.85 billion in 2024-2032 and is anticipated to project a robust growth in the forecast period with a CAGR of 7.25% owing to rising infrastructure development and expansion of AAC production capacities.
AAC (Autoclaved Aerated Concrete) is a precast, lightweight foam concrete building material that can be used to make concrete masonry units such as blocks. Quartz sand, calcined gypsum, lime, cement, water, and aluminum powder make up the mixture. Structure, insulation, and fire and mold resistance are all provided by AAC. AAC products can be used for both indoor and outdoor construction, and they can be painted or coated with a plaster mix to protect them from the weather.
Research & Development in Autoclaved Aerated Concrete Driving Market Growth
AAC in buildings primarily contributes to a more sustainable and energy-efficient built environment. To further reduce the built environment's carbon footprint, efforts are being made to investigate and produce upgraded AAC with improved decarbonization capabilities. One such study was carried out in Malaysia, where AAC was produced using recycled AAC instead of sand, encouraging a circular economy. Another noteworthy study was conducted by IIT Delhi, in which researchers created AAC using fly ash waste from thermal power plants. AAC is predicted to gain a solid foothold in the construction industry as a result of several research and advancements.
Expansion of AAC Production Capacities
With the numerous advantages of utilizing AAC over traditional fly ash bricks, such as thermal insulation, energy efficiency, acoustic insulation, and simplicity of application, the demand for AAC has been on the rise, particularly in the construction of residential and commercial structures. In industrialized countries, the usage of AAC is becoming more popular, boosting the green building revolution. As a result of the rising demand for AAC, producers have been forced to expand their manufacturing facilities. H+H International, for example, intends to increase its wall-building material production in Germany.
Booming Global Real Estate
Given the rising economic prospects in cities, the globe expects metropolitan areas to nearly double in size by 2050. The expansion of metropolitan regions signals the growth of the global real estate sector, which includes residential, educational, healthcare, retail, and office sectors. With the continued addition of spaces in the real estate sector and booming investments from both the government and the private sector, real estate is expected to grow even more, but with transformed construction practices to better suit the environmental sustainability and resilience required to sustain owing to various natural calamities that are likely to rise due to climate change and construction activities extending into calamity prone areas.
The Net Zero Carbon Buildings Commitment
Urban areas now house about 55 percent of the world's population, resulting in roughly 70 percent of global carbon emissions from residential and commercial buildings, as well as diverse urban processes. Buildings account for approximately 40% of the total carbon emitted by cities. With the present population expected to double by 2050, the cities face the combined challenge of rapid urban infrastructure construction to handle the rising population while also providing residents with a sustainable and energy-efficient environment with a lower carbon footprint. Non-governmental organizations working on a global scale are enacting a variety of policies to achieve this.
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Market Segmentation
The North America autoclaved aerated concrete market stood at USD2.54 billion in the year 2024-2032 and is projected to grow at a CAGR of 7.43% during the forecast period
Company Profiles
Biltech Building Elements Limited, Xella International GmbH, CSR Limited, UAL Industries Limited, H+H International A/S, JK Lakshmi Cement Ltd., Mannok Holdings, Aercon AAC, Buildmate Projects Pvt Ltd., Eastland Building Materials Co., Ltd, Bauroc AS
Attribute | Details |
Market size value in 2024-2032 | USD 9.85 Billion |
Revenue Forecast in 2027 | USD 15.18 Billion |
United States Market size value in 2024-2032 | USD 1.67 Billion |
Growth Rate | 7.25% |
Base Year | 2024-2032 |
Historical Years | 2024-2032 – 2024-2032 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Billion, and CAGR for 2024-2032-2024-2032 and 2022E-2027F |
Report Coverage | · Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Product Type · End User · Application |
Regional Scope | Europe; Asia-Pacific; North America; Middle East & Africa; South America |
Country Scope | United States; Mexico; Canada; China; Japan; India; Australia; South Korea; Germany; United Kingdom; France; Italy; Spain; Saudi Arabia; UAE; South Africa; Brazil; Argentina; Colombia. |
Key Companies Profiled | Biltech Building Elements Limited, Xella International GmbH, CSR Limited, UAL Industries Limited, H+H International A/S, JK Lakshmi Cement Ltd., Mannok Holdings, Aercon AAC, Buildmate Projects Pvt Ltd., Eastland Building Materials Co., Ltd, Bauroc AS. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |