DUBLIN–(BUSINESS WIRE)–The “Global Autoclaved Aerated Concrete Market, By Product Type (Block, Lintel, Flooring Elements, Roof Panel, Wall Panel, Cladding Panel, and Others), By End User, By Application, By Region, Competition , forecasts and opportunities , 2017-2027″ report has been added to from ResearchAndMarkets.com offer.

The global autoclaved aerated concrete market is expected to grow with a steady CAGR of 7.25% over the forecast period, 2023-2027, to reach USD 15.18 billion by 2027.

Rapid urbanization, rising demand for sustainable building materials, and stringent government regulations to achieve net zero emissions from building and construction materials by 2030 are the major drivers for the growth of the market.

Furthermore, the launch of plans and initiatives by major authorities focusing on infrastructure development and increased awareness of the benefits of green building construction are expected to fuel the global autoclaved aerated concrete market over the next five years.

With improving economic conditions, developing countries are making high-end investments to construct affordable homes and buildings for their residents. Ongoing construction and infrastructure development activities and the need to provide living space for a growing population in urban areas are the major factors that are accelerating the demand for the AAC market.

Autoclaved aerated concrete is lightweight with excellent tremor resistance and can be cut into required volumes in forms such as sheets, blocks and panels. Additionally, autoclaved aerated concrete is considered an excellent durable building material and emits low carbon emissions to the environment, making it highly preferred for green building fabrication.

The global autoclaved aerated concrete market is segmented into product type, end user, application, region and company. Based on application, the market is divided into building materials, road construction, roof insulation, bridge substructure, void filler and others.

Construction materials dominated the market in 2021, capturing the largest market share of 52.78%, and is expected to maintain its dominance over the next five years. They are used in large quantities to construct buildings and other infrastructure. The increase in the number of initiatives and programs taken by the main authorities is expected to fuel the demand for construction materials.

Biltech Building Elements Limited, Xella International GmbH, CSR Limited, UAL Industries Limited, H+H International A/S, JK Lakshmi Cement Ltd., Mannok Holdings, Aercon AAC, Buildmate Projects Pvt Ltd., Eastland Building Materials Co., Ltd, Bauroc AS are the major market players operating in the global autoclaved aerated concrete market.

Report Scope:

Years considered for this report:

• Historical years: 2017-2020

• Base year: 2021

• Estimated year: 2022E

• Forecast period: 2023F-2027F

Global Autoclaved Aerated Concrete Market, By Product Type:

• To block

• wall panel

• roof panel

• Cladding panel

• Floor elements

• Lintel

• Others

Global Autoclaved Aerated Concrete Market, By End User:

• Residential

• Commercial

• Industrial

• Infrastructure

Global Autoclaved Aerated Concrete Market, By Application:

• Construction materials

• Roof insulation

• Bridge substructure

• road construction

• Void filling

• Others

Global Autoclaved Aerated Concrete Market, By Region:

• Europe

• Germany

• UK

• France

• Italy

• Spain

• Asia Pacific

• China

• Japan

• India

• Australia

• South Korea

• North America

• United States

• Canada

• Mexico

• Middle East and Africa

• Saudi Arabia

• United Arab Emirates

• South Africa

• Iraq

• South America

• Brazil

• Argentina

• Colombia

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the global autoclaved aerated concrete market.

• Biltech Building Elements Limited

• Xella International GmbH

• Limited CSR

• UAL Industries Limited

• H+H International A/S

• JK Lakshmi Cement Ltd.

• Mannok Holdings

• Aerocon AAC

• Buildmate Projects Pvt Ltd.

• Eastland Building Materials Co., Ltd

• Bauroc AS

For more information about this report visit https://www.researchandmarkets.com/r/uvy6fv