Autoclaved Aerated Concrete Market
Autoclaved Aerated Concrete Market By Product Type (ACC Blocks, ACC Wall Panels, ACC Floor Elements, ACC Cladding Panels, ACC Lintels), By Application (ACC for Residential Construction, Industrial Construction, Others), & Region - Global Market Insights 2023-2033
Analysis of Autoclaved Aerated Concrete Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Autoclaved Aerated Concrete Market Outlook (2023-2033)
The global autoclaved aerated concrete (AAC) market is anticipated to be valued at US$ 11.8 billion in 2023 and it is anticipated to grow at a CAGR of 5.1% to reach US$ 19.9 billion by the end of 2033.
Autoclaved aerated concrete is also referred to as autoclaved lightweight concrete (ALC) or autoclaved cellular concrete (ACC). An increased number of construction projects across developed as well as developing countries due to rapidly growing urbanization is likely to push the demand for autoclaved aerated concrete.
Estimated Market Value (2023E)
US$ 11.8 Billion
Forecasted Market Value (2033F)
US$ 19.9 Billion
Global Market Growth Rate (2023-2033)
North America Market Share (2023)
East Asia Market Growth Rate (2023-2033)
Europe Market Growth Rate (2023-2033)
Key Companies Profiled
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Historic and Future Path for Autoclaved Aerated Concrete Market
AAC is a superior building material. It provides advantages in terms of being lightweight, rigid construction, and affordability. AAC provides multiple benefits such as thermal and acoustic insulation, and lower heating & cooling costs. Autoclaved aerated concrete is considered an eco-friendly product as it consumes less energy as compared to traditional concrete material used in construction.
- Short Term (2023-2026): Rising construction sector across both developed as well as developing countries is likely to pave the way for autoclaved aerated concrete in the coming years.
- Medium Term (2026-2029): Increasing government investment in the construction and infrastructure sector is creating a positive environment for the growth of the autoclaved aerated concrete market.
- Long Term (2029-2033): Initiatives taken by the players operating in the market to increase production capacity to create significant opportunities for the companies in the forecast period.
Market Dynamics Overview
“Increasing Investment in the Smart Cities is Likely to Boost the AAC Market”
The growing construction industry across developed as well as developing countries is likely to have a positive impact on the growth of the autoclaved aerated concrete market. Governments across numerous economies are investing heavily in developing new smart cities. For the development of smart cities, AAC is to experience high consumption opportunities.
Hence, the growing investment in smart cities, for instance, the global smart cities market is valued at over US$ 450 billion in 2022 and is expected to reach a valuation of US$ 1.4 trillion by 2030. This is likely to create high demand for the AAC market across the globe.
Autoclaved aerated concrete to play a crucial role in the construction industry. It is a lightweight, thermally insulated, and energy-efficient material with superior load-bearing, sound absorption capabilities. AAC is manufactured from some of natural products which is gaining attraction from the construction industry. Its properties such as flexibility, low cost, and safety are some of the major advantages of the autoclaved aerated concrete material required in residential as well as non-residential construction.
Increasing awareness regarding various advantages of autoclaved aerated concrete in building products over traditional construction material is likely to boost the demand for autoclaved aerated concrete during the forecast period.
“Factors Affecting the Growth of the Autoclaved Aerated Concrete Market”
The high cost of the production of autoclaved aerated concrete is likely to have a negative impact on the growth of the autoclaved aerated concrete market. The manufacturing process of autoclaved aerated concrete is very complex compared to the traditional concrete process.
High dependency on traditional clay-fired bricks in developing countries restricts the demand for AAC. Also, a lack of awareness regarding the benefits of AAC in underdeveloped countries is likely to have a negative impact on the autoclaved aerated concrete market in the forecast period.
Rising demand for container homes has a negative impact on the growth of the autoclaved aerated concrete market in the short term. Container homes are more cost-effective than traditional housing. They are quick to construct, modular homes.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Why the USA is Likely Increase Demand for Autoclaved Aerated Concrete in the Coming Years?
The AAC consumption in the USA is expected to grow at a CAGR of 6.1% between 2023-2033.
The USA market is valued at over US$ 3.0 billion in 2022. Rapidly growing urbanization, industrial growth, construction projects, and the presence of some of the leading companies in the USA are likely to drive the USA autoclaved aerated concrete market.
What Role does China Play in the Expansion of the Autoclave Aerated Concrete market?
The Chinese construction market is valued at US$ 4.5 trillion in 2022. The construction market in China is growing at a CAGR of over 4.0%. The construction industry accounted for nearly 7.2% of China’s gross domestic product.
China’s real estate industry is rapidly growing in terms of sales and investment. China is planning to develop new megacities, over the next years to rebalance its economy in a more service-oriented form.
Government projects in the construction and infrastructure sector in China is anticipated to boost the demand for autoclaved aerated concrete in the forecast period.
How Blocks Are Gaining Immense Popularity in the AAC Market?
Blocks will capture the maximum market share in the autoclaved aerated concrete market. Blocks are finding uses in various types of construction sectors such as residential and commercial as well. Filling in as ware material, and fulfilling the requirements of the modern, social, and business divisions.
Blocks are projected to gain popularity in the construction industry as they are economical and easily adaptable in the construction industry. Autoclaved aerated concrete panels are reinforced and designed for floors and walls in residential, commercial, and industrial construction.
Owing to their ease of availability and installation autoclaved aerated concrete is well-suited for buildings and railroad bridges.
Why Does Commercial Construction Hold Largest Market Share?
The commercial sector is likely to capture the maximum market share in the autoclaved aerated concrete market. Governments across developed as well as developing countries are spending huge amounts on commercial as well as residential construction, which is likely to boost the demand for autoclaved aerated concrete.
The development of commercial buildings is growing due to the increasing demand for offices, service centers, and others, especially across emerging economies to bolster demand for the commercial industry.
Market Titans Key Strategies
Prominent autoclaved aerated concrete market players are Xella Group, H + H International, SOLBET, ACICO, Isoltech Srl, Broco, Cematix, and Aircrete
Market players are also focusing on expanding their geographical presence along with increased production capacity. For instance, in 2020, Bigbloc Construction announced about a 25% increase in the production capacity of M/s Starbigbloc Building Material Pvt. Ltd.
Fact.MR has provided detailed information about the price points of key manufacturers of autoclaved aerated concrete positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Autoclaved Aerated Concrete Industry Research
By Product Type :
- Wall Panels
- Floor Elements
- Cladding Panels
- Beams & Lintels
- Roof Panels
By Application :
- Residential Construction
- Industrial Construction
- Commercial Construction
- Infrastructure Construction
- Others (Roof Insulation)
By Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
- FAQs -
The global autoclaved aerated concrete market is estimated to be valued at US$ 11.8 billion in 2023.
During 2023-2033, consumption of autoclaved aerated concrete increased at 5.1% CAGR.
The Europe market is anticipated to grow at a CAGR of 5.9% between 2023-2033.
Residential construction to hold maximum market share.
China is anticipated to grow at the highest CAGR of 6.3% during the forecast period.
Xella Group, H + H International, SOLBET, ACICO, Isoltech Srl, Broco, Cematix, and Aircrete are some of the major players in the autoclaved aerated concrete market.
Increasing investment in smart cities creates a high demand for autoclaved aerated concrete.