Market Research Report
Global Autoclaved Aerated Concrete Market Size study with COVID-19 Impact, by Element, by End-Use Industry and Regional Forecasts 2020-2027
|Published by||Bizwit Research & Consulting LLP||Product code||950056|
Delivery time: 2-3 business days
|Global Autoclaved Aerated Concrete Market Size study with COVID-19 Impact, by Element, by End-Use Industry and Regional Forecasts 2020-2027|
|Published: July 1, 2020||Content info:||
Global Autoclaved Aerated Concrete (AAC) Market Size study with COVID-19 Impact, by Element (Blocks, Beams & Lintels, Cladding Panels, Roof Panels, Wall Panels, Floor Elements and Others), by End-Use Industry (Residential and Non-residential) and Regional Forecasts 2020-2027.
Global Autoclaved Aerated Concrete (AAC) Market is valued approximately USD 17.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.0% over the forecast period 2020-2027. Autoclaved aerated concrete (AAC), also known as autoclaved lightweight concrete (ALC), is an eco-friendly green building material and facilitates speedy construction. The fly ash from thermal power plants is the used to produce AAC. AAC offers a unique combination of low weight, rigidity of construction, durability, and cost-effectiveness. AAC is an acoustically insulating, highly workable, thermally isolated, fire resistant, water and mold resistant material that can be easily shaped and castoff in both non-structural and structural applications. The covid-19 pandemic had a massive impact on the construction industry and other commercial activity across the world. As the outbreak continues to rise, uncertainties of the economy continue to weigh heavily on the construction sector. Further led to delays and cancellation of construction projects is the challenging prospects of the autoclaved aerated concrete market. However, increasing urbanization and industrialization and growth of infrastructure sector, rising demand for lightweight construction materials and preference for low-cost houses along with increasing focus on green and demand for soundproof buildings are the few factors responsible for growth of the market over the forecast period. For instance: as per World Economic Forum, the world's urban population has risen almost six-fold, from 751 million in 1950 to 4.2 billion in 2018. Moreover, strategic alliance by the various market players will create a lucrative demand of the market. For instance, in April 2019, CSR Hebel established autoclaved aerated concrete (AAC) manufacturing plant for USD 75 million in Somersby, New South Wales, Australia. This manufacturing facility will enable CSR Hebel to double its current capacity in response to the growing market demand for its quality building products and systems. However, cost associated with AAC and lack of awareness are the major factors restraining the growth of global Autoclaved Aerated Concrete (AAC) market during the forecast period.
The regional analysis of global Autoclaved Aerated Concrete (AAC) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to the increasing population and urbanization in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
H+H International A/S
Buildmate Projects Pvt. Ltd.
Biltech Building Elements Limited (BBEL)
Solbet Spolka Z O.O.
UAL Industries Ltd.
Jk Lakshmi Cement Ltd.
Quinn Building Products
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Beams & Lintels
by End-Use Industry:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027
Target Audience of the Global Autoclaved Aerated Concrete (AAC) Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers