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The autoclaved aerated concrete (AAC) market share is expected to increase by USD 8.45 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.47%.
This autoclaved aerated concrete (AAC) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers autoclaved aerated concrete (AAC) market segmentation by end-user (non-residential and residential), product (blocks, panels, and others), and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The autoclaved aerated concrete (AAC) market report also offers information on several market vendors, including Aditya Birla Management Corp. Pvt. Ltd., AERCON AAC, AKG Verwaltungsgesellschaft mbH, Ambuja Cements Ltd., Ballarpur Industries Ltd., BAUROC AS, Broco Industries, Buildmate Projects Pvt. Ltd., Carmeuse Coordination Center SA, CK Birla Group, Clavecon India Pvt. Ltd., H and H International AS, Hebel Ltd., Infitech Group, JK Lakshmi Cement Ltd., Kansal group, LafargeHolcim Ltd., Magicrete Building Solutions Pvt. Ltd., Masa GmbH, Renaatus Procon Pvt. Ltd., SOLBET Spolka z o.o., UAL Industries Ltd., and Wehrhahn GmbH among others.
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Sustainability and energy conservation is notably driving the autoclaved aerated concrete (AAC) market growth, although factors such as drawbacks of fly ash in concrete may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the autoclaved aerated concrete (AAC) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Autoclaved Aerated Concrete (AAC) Market Driver
Sustainability and energy conservation is one of the major drivers impacting the autoclaved aerated concrete (AAC) market growth. AAC's excellent thermal efficiency contributes to environmental protection by sharply reducing the need for space heating and cooling in buildings. AAC's cellular structure offers a thermal efficiency ten times higher than that of aggregate concrete and 2-3 times better than that of clay bricks. Therefore, buildings made of AAC are warm in winter and cool in summer. In addition, AAC's easy workability allows AACurate cutting that minimizes the generation of solid waste during the construction process. Unlike other building materials, AAC does not need to be used in combination with insulation products, which reduces the negative environmental impact and reduces the cost of construction. In the EU, buildings account for around 40% of energy requirements. The greater use of AAC, both in construction and renovation, offers an immediate solution to cutting the energy consumption of residential and non-residential buildings across Europe. Similarly, the recycling rate of AAC to 20% of the annually generated AAC. Such factors are expected to drive market growth during the forecast period.
Key Autoclaved Aerated Concrete (AAC) Market Trend
Alternatives to AAC is one of the major trends influencing the autoclaved aerated concrete (AAC) market growth. Wood, ready-mix concrete (RMC), bamboo, and other products can be considered alternatives to AAC. Increased focus on environmental sustainability is expected to result in the development of newer alternatives to AAC that have a minimal environmental impact. In addition, these products are expected to be cheaper than AAC. For instance, in 2021, AAC launched a low-carbon range of concrete ECOPact. ECOPact is concrete with 30-50% lower embodied carbon content. Similarly, laterite soil and block, periwinkle shell aggregate, brick wastes, earthworm cast, pulverized burned clay, tubali, earth/mud blocks or bricks, bamboo for roofing and ceiling, and palm frond roofing are some other cheap alternatives of AAC. In addition, AAC blocks are brittle; therefore, they need more care than red clay brick during handling and transporting. Such factors are expected to hurt the adoption of AAC during the forecast period.
Key Autoclaved Aerated Concrete (AAC) Market Challenge
Drawbacks of fly ash in concrete are one of the major trends influencing the autoclaved aerated concrete (AAC) market growth. One of the most used raw materials for manufacturing AAC is fly ash. Fly ash is used in the concrete mixture to decrease the water content in concrete without reducing its workability, leading to an increase in its usage from the range of 15%-25% to 40%-60% by mass. However, there are certain limitations of fly ash. When used in high volumes, problems, such as extended setting time and slower strength development, may arise. These issues are more pronounced in cold weather conditions. The quality of fly ash is crucial. Poor-quality fly ash can increase the permeability and, thus, damage the building. Fly ash has been encountering resistance from traditional builders due to its tendency to effloresce along with major concerns regarding freeze or thaw performance. Other concerns regarding the use of fly ash concrete include slow strength gain, seasonal limitation, and increased air entraining the admixtures. Such factors will increase the challenges of adopting fly ash used in manufacturing AAC and affect market growth during the forecast period.
This autoclaved aerated concrete (AAC) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global coated flat glass market as a part of the global construction materials market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the autoclaved aerated concrete (AAC) market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the autoclaved aerated concrete (AAC) market encompasses successful business strategies deployed by the key vendors. The autoclaved aerated concrete (AAC) market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The autoclaved aerated concrete (AAC) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the autoclaved aerated concrete (AAC) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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40% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for autoclaved aerated concrete (AAC) market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increase in the purchasing power of consumers, population growth, growth in urbanization, and government efforts to provide affordable housing will facilitate the autoclaved aerated concrete (AAC) market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the AAC market in APAC witnessed certain challenges due to the outbreak of COVID-19. The pandemic affected several countries in the region, such as China, India, South Korea, and Japan. The lockdowns imposed by the governments of countries across the region adversely impacted routine business operations of vendors and end-users and have disrupted the supply chain.
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The autoclaved aerated concrete (AAC) market share growth by the non-residential segment will be significant during the forecast period. Non-residential construction in developed economies such as the US, the UK, and other European countries are expected to witness slow growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the autoclaved aerated concrete (AAC) market size and actionable market insights on post COVID-19 impact on each segment.
Autoclaved Aerated Concrete (AAC) Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.47% |
Market growth 2022-2026 |
$ 8.45 billion |
Market structure |
Fragmented |
YoY growth (%) |
7.12 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 40% |
Key consumer countries |
US, Canada, China, India, France, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Aditya Birla Management Corp. Pvt. Ltd., AERCON AAC, AKG Verwaltungsgesellschaft mbH, Ambuja Cements Ltd., Ballarpur Industries Ltd., BAUROC AS, Broco Industries, Buildmate Projects Pvt. Ltd., Carmeuse Coordination Center SA, CK Birla Group, Clavecon India Pvt. Ltd., H and H International AS, Hebel Ltd., Infitech Group, JK Lakshmi Cement Ltd., Kansal group, LafargeHolcim Ltd., Magicrete Building Solutions Pvt. Ltd., Masa GmbH, Renaatus Procon Pvt. Ltd., SOLBET Spolka z o.o., UAL Industries Ltd., and Wehrhahn GmbH |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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