According to a new market report published by Lucintel, the future of the autoclaved aerated concrete market looks promising with opportunities in both residential and non-residential sectors. The global autoclaved aerated concrete market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are the increasing urbanization & industrialization, growth in the infrastructure sector, rising demand for lightweight construction materials, growing preferences for low-cost houses, and an ever-increasing focus on green & soundproof buildings.
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Autoclaved aerated concrete is a lightweight, precast, foam concrete building material suitable for producing concrete masonry unit like blocks. In this market, blocks, beams & lintels, cladding panels, wall panels, roof panels, and floor elements are the major elements of autoclaved aerated concrete. Lucintel forecasts that blocks will remain the largest segment over the forecast period as it has quick and easy installation properties and the material can be routed, sanded, and cut to size on site.
Within this market, residential will remain the largest segment by end use over the forecast period due to the requirement of lightweight and environmentally-friendly building materials in residential constructions.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to increasing population and urbanization in the region.
Buildmate Projects, Biltech Building Elements, AKG Gazbeton, Aercon Florida, Solbet, UAL Industries, H+H International, JK Lakshmi Cement, Xella, CSR, UltraTech Cement, Quinn Building Products, Bauroc International, and Wehrhahn are among the major suppliers in the global autoclaved aerated concrete market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global autoclaved aerated concrete market by element, end-use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Autoclaved Aerated Concrete Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global autoclaved aerated concrete market by element, end-use industry, and region as follows:
By Element [Value ($ Million) shipment analysis for 2014 – 2025]:
Blocks
Beams & Lintels
Cladding Panels
Wall Panels
Roof Panels
Floor Elements
By End-Use Industry [Value ($ Million) shipment analysis for 2014 – 2025]:
Residential
Non-Residential
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
A 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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