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Published Date: 2016-10-25Number of Pages: 214

Autoclaved Aerated Concrete (AAC) Market (Product Type - Block, Wall Panel, Floor Panel, Roof Panel, and Cladding Panel; End User - Residential and Commercial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Autoclaved Aerated Concrete Market: Snapshot

The global autoclaved aerated concrete market has gained significant traction in regions such as Europe and Asia Pacific in the past few years. The unique combination of low weight, rigidity of construction, durability, cost-effectiveness, chemical inertness, lower energy cost of heating or cooling, and low negative impact of environment makes AAC a viable construction material. The material has started gaining popularity as a sustainable green building material and is expected to witness a significant rise in demand in the next few years.

Transparency Market Research estimates that the global autoclaved aerated concrete (AAC) market was valued at US$6.11 bn in 2015 and will rise to US$11.44 bn by 2024, expanding at a promising CAGR of 7.3% between 2016 and 2024.

autoclaved aerated concrete market

 

AAC Blocks Emerge as Most Promising Product Segment

Based on product variety, the global AAC market has been examined in the report for block, wall panel, floor panel, roof panel, and cladding panel. Of these, the segment of blocks emerged as the dominant product segment in the global market in 2015. In terms of revenue, the blocks segment accounted for more than 48% share of the global AAC market in 2015. It is anticipated to be a speedily growing segment over the forecast period as well, expanding at a CAGR of 7.8% from 2016 to 2024.

The segment of AAC wall panels is also expected to witness significant growth during the forecast period, owing to excellent combination of strength and thermal and acoustic insulation that AAC panels offer. AAC wall panel is an impeccable building solution for large-scale, industrial and commercial construction. The wall panel segment is projected to expand at a CAGR of 7.2% during the forecast period.

Europe to Remain Key Growth Destination for AAC Market

In terms of revenue, Europe dominated the global AAC market, accounting for more than 34.0% of the market share in 2015. This is attributed to wide acceptance of AAC as a building material in the region. It is also due to the fact that Europe is the major producer of AAC with countries such as Poland, Germany, and the U.K. producing a significant volume of the product. In Asia Pacific, emerging economies such as China and India are consuming a high volume of AAC products, chiefly owing to the vast rise in population and rapid rate of urbanization and the resultant rise in the number of building construction projects.

Although the Europe AAC market will continue to be the dominant contributor of revenue to the global AAC market over the forecast period as well, it will lose prominence to the Asia Pacific AAC market in terms of rate of growth. The AAC market in Asia Pacific will exhibit a promising 8.2% CAGR from 2016 through 2024 and capture a significant share of the global market by the end of the forecast period.

Rise in purchasing power of people, accelerated urbanization, growing population, and government efforts to provide affordable housing are anticipated to boost the demand for AAC across developing economies in Asia Pacific and Latin America during the forecast period. The autoclaved aerated concrete market in Middle East & Africa is also likely to witness significant growth during the forecast period, due to a vast rise in infrastructure development projects in the past few years.

Some of the key vendors operating in the global AAC market are Xella Group, H+H International, SOLBET, ACICO, AERCON AAC, UltraTech Cement Ltd., Biltech Building Elements Limited, AKG Gazbeton, Bulidmate, Eastland Building Materials Co., Ltd., Brickwell, and UAL Industries Ltd.

Global Autoclaved Aerated Concrete (AAC) Market: Overview

This report analyzes and forecasts the market for autoclaved aerated concrete (AAC) at global and regional levels. The market has been forecast based on revenue (US$ Mn) from 2016 to 2024. The study includes drivers and restraints for the global AAC market. It also covers the impact of these drivers and restraints on the demand for autoclaved aerated concrete during the forecast period. The report also highlights opportunities in the AAC market at global and regional level.

The report comprises detailed value chain analysis, which provides a comprehensive view of the global autoclaved aerated concrete AAC market. Porter’s five forces model for the market has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

Autoclaved Aerated Concrete (AAC) Market: Segmentation and Competitive Dynamics

The study provides a decisive view of the global AAC market, by segmenting it in terms of product and end-use. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for autoclaved aerated concrete in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand in individual end-user segments in all regions.

The study includes profiles of major companies operating in the global AAC market. Key players profiled in the report include Xella Group, H+H International, SOLBET, ACICO, AERCON AAC, UltraTech Cement Ltd., Biltech Building Elements Limited, AKG Gazbeton, Bulidmate, Eastland Building Materials Co., Ltd., Brickwell, and UAL Industries Ltd. Market players have been analyzed in terms of attributes such as company overview, financial overview, business strategies, recent developments, and SWOT analysis.

Autoclaved Aerated Concrete (AAC) Market: Scope of the Report

The report provides the market size of the autoclaved aerated concrete market for 2015 and forecast for the next nine years. Size of the global AAC market has been provided in terms of revenue. Market numbers have been estimated based on product and end-use segments. Market size and forecast for each major product and end-use have been provided in terms of global and regional markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes search of recent trends, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proved to be the highly reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market as well as European Autoclaved Aerated Concrete Association (EAACA), Construction Industry Development Council (CIDC), India Green Building Council (IGBC), Autoclaved Aerated Concrete Producers Association (AACPA), India, EUROCONSTRUCT, and Eurostat.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-hand information on market size, market trends, growth trends, competitive landscape, and outlook. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

The report segments the global autoclaved aerated concrete (AAC) market as follows:

Autoclaved Aerated Concrete (AAC) Market: Product Analysis

  • Block
  • Wall Panel
  • Floor Panel
  • Roof Panel
  • Cladding Panel
  • Others

Autoclaved Aerated Concrete (AAC) Market: End-use Analysis

  • Residential
  • Commercial
  • Others

Autoclaved Aerated Concrete (AAC) Market: Regional Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The U.K.
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • Egypt
    • South Africa
    • Rest of MEA


 
 
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