The Autoclaved Aerated Concrete (AAC) market Autoclaved Aerated Concrete (AAC) is a lightweight, precast building material made from natural raw materials such as sand, cement, lime, gypsum, aluminum powder, and water. AAC blocks are known for their thermal insulation, sound absorption, and fire-resistant properties. AAC blocks are an eco-friendly alternative to traditional bricks as they reduce the usage of cement and other construction materials, resulting in a lower carbon footprint.

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Segment Analysis

By Product Type

The autoclaved aerated concrete (ACC) market is segmented as blocks, cladding panels, beams lintels, wall panels, roof panels, floor panels, and others. Blocks are expected to remain the largest and fastest-growing product type in the market during the forecast period. AAC blocks contribute to a 20% reduction in construction time as well as a significant reduction in wall joints. Furthermore, because only 5% of the blocks are cracked, lighter AAC blocks allow for faster construction and easier installation, as well as higher utilisation. These blocks provide excellent thermal insulation, which helps to reduce HVAC costs. AAC blocks also provide improved acoustic insulation, making them an excellent choice for soundproofing hospitals, schools, hotels, multifamily housing, workplaces, and other structures.

By Application Type

The market is segmented as residential and non-residential. Residential is expected to remain the dominant as well as the faster-growing application type in the market during the forecast period. Non-residential buildings such as offices and coworking spaces must be built faster due to the rapid growth of large, medium, and small businesses, particularly in developing countries. Furthermore, an increase in domestic and international infrastructure development projects is expected to fuel the growth of the segment in the coming years.

Regional Analysis

Asia-Pacific is expected to remain the largest market for autoclaved aerated concrete (AAC) during the forecast period due to the fast pace of industrial and building activity growth. Furthermore, the market is expected to benefit from massive construction growth in countries such as China, Japan, and India. North America is expected to grow significantly due to increased infrastructure-related activity. Europe is expected to experience tremendous growth as a result of the massive increase in demand for efficient and lightweight building materials.

The Autoclaved Aerated Concrete (AAC) market is witnessing several growing trends that are expected to shape the market's future growth trajectory. Some of the significant trends in the AAC market include:

1. Increasing Demand for Sustainable Construction Materials: With growing concerns over climate change and environmental degradation, the construction industry is witnessing a shift towards sustainable and eco-friendly construction practices. AAC blocks, being an eco-friendly alternative to traditional bricks, are expected to witness increasing demand in the coming years.
2. Rising Awareness of the Benefits of AAC Blocks: AAC blocks offer several benefits over traditional bricks, including excellent thermal insulation, sound absorption, and fire resistance properties. As awareness of these benefits increases, more builders and contractors are expected to prefer AAC blocks for their construction projects.
3. Government Regulations Promoting Sustainable Construction Practices: Governments across the globe are implementing regulations to promote sustainable construction practices, which is expected to drive the growth of the AAC market. For instance, the European Union's Energy Performance of Buildings Directive (EPBD) mandates all new buildings to be nearly zero-energy buildings by 2020, which is expected to boost the demand for AAC blocks in the region.
4. Growing Investments in the Construction Industry: With increasing urbanization and industrialization, there is a growing need for infrastructure development. Governments and private investors are investing heavily in the construction industry, which is expected to boost the demand for AAC blocks.
5. Technological Advancements in AAC Production: Manufacturers in the AAC market are focusing on enhancing their production capabilities and developing new AAC products to cater to the growing demand for sustainable and energy-efficient building materials. Technological advancements in AAC production are expected to improve the quality and durability of AAC blocks, making them a more preferred choice for construction projects.

Key Players

The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the autoclaved aerated concrete (AAC) market-

• To Aercon AAC
• Biltech Building Elements Ltd.
• Buildmate Projects Pvt. Ltd
• CSR Ltd.
• Eastland Building Materials Co. Ltd.
• H+H International A/S
• JK Lakshmi Cement Ltd.
• Mannok
• UAL Industries Ltd.
• Xella Group

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s autoclaved aerated concrete (AAC) market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

In conclusion, the AAC market is witnessing several growing trends that are expected to shape the market's future growth trajectory. Increasing demand for sustainable construction materials, rising awareness of the benefits of AAC blocks, government regulations promoting sustainable construction practices, growing investments in the construction industry, and technological advancements in AAC production are some of the significant trends driving the growth of the AAC market.