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Autoclaved aerated concrete (AAC) also known as aerated concrete is a light-weight readymade foam concrete construction material appropriate for producing concrete masonry unit (CMU) like blocks. It is primarily made up of lime, calcined gypsum, quartz sand, aluminum powder, cement, and water. AAC products are cured in an autoclave in presence of heat and pressure. This type of concrete is used for interior as well as exterior application. They can be painted and coated simultaneously providing structure, fire resistance, mold resistance, and insulation.
Swift industrialization and urbanization in developing regions like Southeast Asia, Latin America, and Africa is likely to boost the constructional activities. Attributed to the light-weight nature and energy efficiency of AAC, contactors and engineers prefer AAC blocks which is anticipated to propel the market growth. Additionally, the energy consumed for production of AAC is comparatively lower than other masonry alternative which is expected to augment the market.
However, AAC is aerated which makes it porous and brittle. These AAC products need to be handled carefully than other materials like clay bricks. This is expected to hinder the market growth.
Key Market Driver -
Increasing demand for light-weight, energy efficient building material.
Key Market Restraint -
Brittle nature of AAC blocks.
Based on elements, the global autoclaved aerated concrete market is segmented into blocks, beams & lintels, cladding panels, wall panels, roof panels, floor elements. Based on application, is segmented into residential and non-residential.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global autoclaved aerated concrete market consists of global & regional players operating. Some of the key players in the market include Xella Group, H+H International, ACICO, Ultratech Cement, Aercon AAC, Eastland Building Materials, and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is estimated to account for the largest share in market attributed to the rapid pace of industrial growth and constructional activities. Additionally, the tremendous construction growth in countries like China, Japan, and India is expected to boost the market. North America is expected to witness substantial growth attributed to the increasing infrastructural activities. Europe is expected to experience significant growth due to high demand for light-weight and efficient building material. Latin America and Middle East & Africa is projected to exhibit slow growth during the forecast period.
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