Global AAC Block Market Outlook 2017-2022

Global AAC block market is expected to grow at a significant CAGR of 6.48% by 2022, according to a new report published by Gen Consulting Company. Autoclaved aerated concrete (AAC) block is also termed as autoclaved lightweight concrete (ALC) or aerated brick or autoclaved cellular concrete (ACC) is an environment-friendly building material used in several construction activities. It is produced using a rising agent, lime, sand, and cement & water. It is recyclable, porous, renewable, non-toxic, and reusable.

The factors that are playing a major role in the growth of AAC block market are the rising use of recycled material for ACC production, augmented highlighting on green buildings, and enhanced characteristics of ACC in comparison with conventional building materials. However, lack of awareness regarding ACC block among architects, construction professionals, developers, and builders may restrain overall market growth in the years to come. AAC block market is segmented based on product type, application, and region.

Cladding panel, block, roof panel, wall panel, floor panel, and other product types could be explored in AAC block in the forecast period. The block sector may account for the substantial market share of AAC block in terms of revenue and is estimated to lead the overall market in the years to come. Also, the wall panel sector is estimated to grow at the fastest pace in the years to come.

The AAC block market may be categorized based on applications like residential, commercial, industrial, and others that could be explored in AAC block in the forecast period. The residential sector may account for the significant market share of AAC block and is estimated to lead the overall market in the years to come. The reason could be growing urbanization and population, availability of affordable housing, and increased purchasing power.

AAC block market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa). Globally, Europe accounted for the substantial market share of AAC block and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of several ACC blocks manufacturers in countries like Germany, Poland, and England, and superior resistance against pests, fire, solar damage, and wind. Also, the growing construction industry in this region may boost the overall market in the years to come.

The key players of AAC block market are Xella, The H & H, UltraTech Cement, JK Lakshmi Cement, UAL Industries, Aircrete Group, SOLBET, KG Gazbeton, RPP Group, AERCON AAC, Laston Italiana, Brickwell, Kansal Group, Buildmate Projects, and Hebel. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

The global market for AAC block will grow at a CAGR of 6.48% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (commercial, industrial, residential, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the AAC block market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the AAC block market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the AAC block market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global AAC block market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the commercial, industrial, residential, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global AAC block market.

Key Applications
- Commercial
- Industrial
- Residential

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- ACICO
- Aercon
- Avantha Group
- Bauroc International
- H+H Group
- HIL Limited
- Hyderabad Industries
- Magicrete Building Solutions
- Masa Group
- Xella Group
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Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global AAC block market?
- What are the challenges to market growth?
- Who are the key players in the AAC block market?
- What are the market opportunities and threats faced by the key players?