Global Autoclaved Aerated Concrete Market Share Report 2024, Forecast To 2033
14 Feb, 2024
The autoclaved aerated concrete market has exhibited robust growth, climbing from $15.59 billion in 2023 to $17.13 billion in 2024, with a notable 9.9% CAGR. Historic growth is attributed to concerns about energy efficiency, rapid economic growth, increased infrastructure spending, growing demand for affordable housing, and structural advantages. The market is poised for continued strength, with an estimated size of $24.22 billion in 2028, backed by a 9.0% CAGR. Anticipated trends include increased adoption of green building standards, urbanization, government initiatives for sustainable construction, fire safety awareness, and industrialization.
Global Autoclaved Aerated Concrete Market Key Driver
The autoclaved aerated concrete market is driven by the increasing construction of green buildings. Green buildings, known for energy efficiency and sustainability, are witnessing a rising number of certifications. The US Green Building Council reports over 36,835 projects earning Leadership in Energy and Environmental Design certification, highlighting the growing preference for green construction and driving the autoclaved aerated concrete market.
Get A Free Sample Of The Global Autoclaved Aerated Concrete Market ReportGlobal Autoclaved Aerated Concrete Market Segments
The autoclaved aerated concrete market covered in this report is segmented –
1) By Type: Block, Lintel, Panel, Other Types
2) By Application: Construction Material, Roof Insulation, Roof Sub Bases, Bridge Sub-Structures, Concrete Pipes, Void Filling, Other Applications
3) By End User: Residential, Non-residential
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the autoclaved aerated concrete market share in 2023 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the autoclaved aerated concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Autoclaved Aerated Concrete Industry Players
Aerated Concrete Industries Company; Aercon Florida LLC; Akg Gazbeton Isletmeleri AS; Bauroc AS; Biltech Building Elements Limited; Brickwell Manufacturing Private Limited; Buildmate Projects Pvt. Ltd.; Eastland Building Materials Co. Ltd.; Health and Happiness International A/S; JK Lakshmi Cement Ltd.; Masa GmbH; Parin Beton Amood Company; UAL Industries Ltd.; UltraTech Cement Ltd.; Haniel Bau-Industrie GmbH; Solbet Sp. z o. o; Lafarge Tarmac; Xella International GmbH; Eco Green Products Pvt. Ltd.; Hyderabad Industries Limited; Renaatus Procon Private Limited; Thomas Armstrong Limited; AerBlock LLC; Aerix Industries Pvt. Ltd.; CSR Hebel; DOMAPOR Baustoffwerke Beteiligungsgesellschaft mbH; HESS AAC Systems B. V.; KLB Klimaleichtblock GmbH; RPP Group of Companies; Siporex India
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Autoclaved Aerated Concrete Market Overview
Autoclaved aerated concrete refers to a light porous silicate concrete material in which fly ash is the raw material used for the production of autoclaved aerated concrete, which is a residual product of thermal power plants, consists of fine aggregates, cement, and an expansion ingredient that makes the freshly mixed material rise such as bread dough to provide various benefits for the construction industry, including a unique combination of low weight, rigidity of construction, cost-effectiveness, and durability.
Autoclaved Aerated Concrete Global Market Report 2023 provides data on the global autoclaved aerated concrete market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The autoclaved aerated concrete market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.