Autoclaved Aerated Concrete (AAC) Market Size, Trends [2031]

Segments - Autoclaved Aerated Concrete (AAC) Market by Types (Block, Lintel, Panel, Tile, and Other Types), Applications (Residential, Industrial, Commercial, and Other Applications), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

The Global Autoclaved Aerated Concrete (AAC) Market size was valued at USD 21.12 Billion in 2022 and is expected to surpass USD 35.68 Billion by 2031, expanding at a CAGR of 6% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increase in building and redevelopment projects.

Due to its unique cellular structure, which contains millions of tiny pockets of trapped air, autoclaved aerated concrete (AAC) is an ultra-light concrete masonry product that weighs as low as one-fifth that of regular concrete.

Autoclaved Aerated Concrete (AAC) Market Outlook

AAC is commonly seen in the shape of blocks, panels, lintels, and other architectural elements. Fine aggregate or fly-ash, cement, and an expansion agent, usually aluminum powder, are used to make AAC. To lower the density and total weight of the product, this form of concrete contains about 80% air caused by the expansion agent.

China has been noted as encouraging and experiencing a continuous urbanization process, with a goal rate of 60% by 2020. Increased living space requirements in urban areas as a result of urbanization, as well as the desire of middle-class urban inhabitants to enhance their living conditions, may have a significant impact on the housing market, increasing the number of residential buildings across the country.

The commercial building industry in the United States is anticipated to grow by 0.9 per cent in 2020 and 1.5 per cent in 2021, according to a poll done by the American Institute of Architects. In 2020 and 2021, construction activities in the healthcare sector are expected to rise at a pace of 3.5 per cent and 3.4 per cent, respectively. The study also predicted a 0.5 per cent increase in office space in 2020, followed by a 3 per cent increase in 2021.

Autoclaved Aerated Concrete (AAC) Market Trends, Drivers, Restraints, and Opportunities

Properties such as excellent fire resistance, lightweight, and high thermal insulation are expected to boost the market growth in the coming years.
Increasing factors like fire resistance in AAC is projected to fuel market expansion during the forecast period.
Characteristics like overall building costs can be reduced, fueling the growth of the autoclaved aerated concrete (AAC) market.
Following the lockdown and restoration of corporate activities, the market may face a loss of investment plans and the cancellation of planned projects, impacting building and construction across the area.
Cost of producing an AAC block is greater than that of traditional cement or burned clay blocks, which is projected to slow market development during the projection period.

Scope of Autoclaved Aerated Concrete (AAC) Report

The report on the global autoclaved aerated concrete (AAC) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Autoclaved Aerated Concrete (AAC) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Block, Lintel, Panel, Tile, and Other Types) and Applications (Residential, Industrial, Commercial, and Other Applications)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Buildmate Projects Pvt. Ltd. (India); Biltech Building Elements Limited (India); AKG Gazbeton (Turkey); Aercon Florida Llc (US); Solbet Sp Z.O.O. (Poland); UAL Industries Ltd (India); H+H International A/S (Denmark); JK Lakshmi Cement (India); Xella Group (Germany); CSR Ltd. (Australia); UltraTech Cement Ltd. (India); Quinn Building Products (UK); Bauroc International AS (Estonia); and Wehrhahn GmbH (Germany)

Autoclaved Aerated Concrete (AAC) Market Segment Insights

Block segment is projected to account for a major market share

On the basis of types, the autoclaved aerated concrete (AAC) market is bifurcated into block, lintel, panel, tile, and other types. The block segment is expected to account for a key share of the market during the forecast period due to the need for AAC blocks in both residential and non-residential businesses that are driving this industry.

Autoclaved Aerated Concrete (AAC) Market Types

Residential segment is expected to expand at a significant pace

in terms of applications, the autoclaved aerated concrete (AAC) market is segmented into residential, industrial, commercial, and other applications. The residential segment is expected to account for a key share of the market in the coming years due to the need for lightweight and ecologically friendly building materials in residential construction. Due to its endurance and great characteristics, AAC building materials have become an important element of the building and construction sector.

Asia Pacific is anticipated to dominate the market

On the basis of regions, the autoclaved aerated concrete (AAC) market is categorized) as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to increasing demand from the building sector in countries such as China and India.

Despite efforts to restructure its economy to a more service-oriented shape, the Chinese government announced huge building plans, including plans to relocate 250 million people to new megacities over the next ten years. According to the National Bureau of Statistics, China's residential property industry has been significantly expanding in terms of both sales and investments.

Autoclaved Aerated Concrete (AAC) Market Regions

Segments

The global autoclaved aerated concrete (AAC) market has been segmented on the basis of

Types

Block
Lintel
Panel
Tile
Other Types

Applications

Residential
Industrial
Commercial
Other Applications

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Buildmate Projects Pvt. Ltd. (India)
Biltech Building Elements Limited (India)
AKG Gazbeton (Turkey)
Aercon Florida Llc (US)
Solbet Sp Z.O.O. (Poland)
UAL Industries Ltd (India)
H+H International A/S (Denmark)
JK Lakshmi Cement (India)
Xella Group (Germany)
CSR Ltd. (Australia)
UltraTech Cement Ltd. (India)
Quinn Building Products (UK)
Bauroc International AS (Estonia)
Wehrhahn GmbH (Germany)

Competitive Landscape

Key players competing in the global autoclaved aerated concrete (AAC) market include Buildmate Projects Pvt. Ltd. (India); Biltech Building Elements Limited (India); AKG Gazbeton (Turkey); Aercon Florida Llc (US); Solbet Sp Z.O.O. (Poland); UAL Industries Ltd (India); H+H International A/S (Denmark); JK Lakshmi Cement (India); Xella Group (Germany); CSR Ltd. (Australia); UltraTech Cement Ltd. (India); Quinn Building Products (UK); Bauroc International AS (Estonia); and Wehrhahn GmbH (Germany).

Autoclaved Aerated Concrete (AAC) Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Autoclaved Aerated Concrete (AAC) Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Autoclaved Aerated Concrete (AAC) Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Autoclaved Aerated Concrete (AAC) Market - Supply Chain
  4.5. Global Autoclaved Aerated Concrete (AAC) Market Forecast
     4.5.1. Autoclaved Aerated Concrete (AAC) Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Autoclaved Aerated Concrete (AAC) Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Autoclaved Aerated Concrete (AAC) Market Absolute $ Opportunity
5. Global Autoclaved Aerated Concrete (AAC) Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Autoclaved Aerated Concrete (AAC) Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Autoclaved Aerated Concrete (AAC) Demand Share Forecast, 2019-2026
6. North America Autoclaved Aerated Concrete (AAC) Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Autoclaved Aerated Concrete (AAC) Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Autoclaved Aerated Concrete (AAC) Demand Share Forecast, 2019-2026
7. Latin America Autoclaved Aerated Concrete (AAC) Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Autoclaved Aerated Concrete (AAC) Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Autoclaved Aerated Concrete (AAC) Demand Share Forecast, 2019-2026
8. Europe Autoclaved Aerated Concrete (AAC) Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Autoclaved Aerated Concrete (AAC) Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Autoclaved Aerated Concrete (AAC) Demand Share Forecast, 2019-2026
9. Asia Pacific Autoclaved Aerated Concrete (AAC) Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Autoclaved Aerated Concrete (AAC) Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Autoclaved Aerated Concrete (AAC) Demand Share Forecast, 2019-2026
10. Middle East & Africa Autoclaved Aerated Concrete (AAC) Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Autoclaved Aerated Concrete (AAC) Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Autoclaved Aerated Concrete (AAC) Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Autoclaved Aerated Concrete (AAC) Market: Market Share Analysis
  11.2. Autoclaved Aerated Concrete (AAC) Distributors and Customers
  11.3. Autoclaved Aerated Concrete (AAC) Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)