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The latest research study “Autoclaved Aerated Concrete (AAC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global autoclaved aerated concrete (AAC) market reached a value of US$ 18.51 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 26.92 Billion by 2027, exhibiting a CAGR of 6.30% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Autoclaved aerated concrete (AAC), also known as autoclaved cellular concrete, represents a lightweight and prefabricated building material manufactured from sand, quartz, aggregates, lime, gypsum, expansion agents, etc. It constitutes an excessive amount of air that minimizes the overall weight and density of the product. Autoclaved aerated concrete offers various benefits, such as fire resistance, durability, thermal insulation, energy efficiency, etc. Consequently, AAC is extensively utilized for the quick installation of roofs, walls, floors, etc. Presently, autoclaved aerated concrete is commercially available in varying forms, including tiles, blocks, lintel, panels, etc.
Global Autoclaved Aerated Concrete (AAC) Market Trends and Drivers:
The growing product utilization across the residential and commercial sectors for constructing interior and exterior structures is primarily driving the autoclaved aerated concrete market. Additionally, the escalating demand for eco-friendly certified green materials, on account of the rising environmental consciousness among individuals, is further catalyzing the market growth. Besides this, the increasing consumer inclination towards low-cost houses, continuous improvements in development activities, and the inflating popularity of soundproof buildings are acting as significant growth-inducing factors. Moreover, the government bodies are launching numerous favorable policies for strengthening and renovating existing infrastructures, which is positively influencing the global market. Apart from this, the elevating investments in R&D activities aimed at producing industrial by-products via recycling AAC waste to reduce the disposal in landfills are anticipated to fuel the autoclaved aerated concrete market over the forecasted period.
Autoclaved Aerated Concrete (AAC) Market Report Scope
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Type, Application, End User and Region
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Aercon AAC, AKG Gazbeton, Bauroc AS, Biltech Building Elements Limited, Buildmate Projects Pvt. Ltd., CSR Limited, Eastland Building Materials Co. Ltd., H+H International A/S, HIL Limited, JK Lakshmi Cement Ltd., UAL Industries Limited, UltraTech Cement Ltd. (Aditya Birla Group) and Xella Group.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
The report has been segmented the market into following categories:
List of Major Key Players:
The major players in the market are Aercon AAC, AKG Gazbeton, Bauroc AS, Biltech Building Elements Limited, Buildmate Projects Pvt. Ltd., CSR Limited, Eastland Building Materials Co. Ltd., H+H International A/S, HIL Limited, JK Lakshmi Cement Ltd., UAL Industries Limited, UltraTech Cement Ltd. (Aditya Birla Group) and Xella Group.
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