Global AAC
block market is anticipated to witness exponential growth
in the forecast period. Autoclaved aerated concrete (AAC), also termed as
autoclaved lightweight concrete (ALC) or autoclaved cellular concrete (ACC) is
an eco-friendly green building material. The factors that propel the growth of
the market include growing demand for AAC in APAC, being lightweight and
cost-effective, emphasis on soundproof and green buildings, and reduced further
material use with minimized pollution and waste.
On the other hand, there are factors that may
hamper the growth of the market including a smaller number of ACC producers in
North America. The market is anticipated to expand at a significant CAGR of
6.48% in the upcoming period as the scope, product types, and its applications
are increasing across the globe.
The market could be explored by type,
application, end user, and geography. Market could be explored by type as
Panels (Wall, Roof, Cladding, Floor), Lintels, Blocks, Tiles, and Others. The
“AAC panels” segment led the market in 2016 and will continue to lead in the
forecast period. The key factors that may be attributed to the growth of market
includes it offers flexible, fast, and cost-effective building solutions,
meeting the requirements of commercial, residential, and industrial segments.
Get Sample Copy of this Report @
The key applications that could be
explored in the AAC block market include Roof Insulation, Construction
Material, Roof Sub Bases, Concrete Pipes, Void Filling, Bridge Sub-Structures,
and Others. The “Construction Material” segment led the market in 2016 and will
continue to lead in the forecast period. The key factors that may be attributed
to the growth of market includes properties of AAC offers an edge over
traditional clay bricks and is extensively helped and established by many
nations, has become material of choice as construction material.
The market could be explored based on
the end user as Residential Building, Commercial Building, Civil and Others.
The “Residential Building” segment led the market in 2016 and will continue to
lead in the forecast period. The key factors that may be attributed to the
growth of the market includes increasing quality of construction material and
residential buildings, decrease ACC material cost and rising demand for green
and soundproof residential buildings.
Europe accounted for the major share
of the AAC block market in 2014 and will continue to lead in the forecast
period. The factors that could be attributed to the growth include greatly to
the slow recovery of the European construction segment from the adverse
effects, and numerous business incentives accessible by legislative bodies.
Europe is followed by the Asia-Pacific region owing to increasing energy
consumption, with the growth of commercial segment and visible profits of green
buildings, along with perks related to it.
Some of the key players that fuel the
growth of the AAC block market comprise Aercon AAC, Xella Group, ACICO, H+H
International A/S, Eastland, Masa Group, AKG Gazbeton, Biotech, Hansa Baustoffwerke,
Ultratech, DOMAPOR, JK Lakshmi Cement, Schliemann KG, Eco Green, YABALANG
Building, Dongying City Franshion. The leading companies are taking up
partnerships, mergers and acquisitions, and joint ventures in order to boost
the inorganic growth of the industry.
Browse Related Category Market
Reports @
No comments:
Post a Comment