The global Autoclaved Aerated Concrete (AAC) Manufacturer Market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Major factors driving global market revenue growth are increasing demand for lightweight and environment-friendly material for building construction industry. Autoclaved aerated concrete (AAC) is an excellent material for residential and non-residential construction projects. Rapid industrialization and increasing production of AAC to address rising demand from building and construction sectors is further driving market revenue growth, and the trend is expected to continue during the forecast period.
Market Overview:
Over the last few years, the manufacturing and construction industry has consistently experienced a growth in revenue, and it is expected to continue this growth between 2021 and 2028 with a robust revenue CAGR. This can be attributed to factors such as the rapidly growing construction and building sector, the rapid growth of urbanization and industrialization across the globe, and advances in manufacturing techniques. Increasing awareness of environmental impacts and carbon emissions has led to an increase in the demand for green construction and energy efficient buildings over the past few years. During the forecast period, key factors are expected to boost global market growth, such as the rapid expansion of the global population, changing lifestyle preferences, high demand for smart buildings, the rising number of renovations and reconstructions in the world, and an increase in eco-friendly construction activities. In addition to increasing disposable income, government schemes, and private investments to support manufacturing and construction industries, as well as a high emphasis on aesthetics, other factors are expected to boost global market growth.
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Competitive Landscape:
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as license agreements, partnerships, merger and acquisitions, collaborations, RD investments, and joint ventures to gain robust footing in the market. Major companies are expanding their business and focusing on innovative strategies, including mergers, acquisitions, partnerships, and new product development, etc. to stay ahead of the competition and generate more revenue opportunities. Some major companies in the global autoclaved aerated concrete market are Xella Group, Aercon AAC, H+H International A/S, ACICO, Masa Group, Biltech, AKG Gazbeton, Ultratech Cement, Hansa Baustoffwerke Parchim GmbH, J K Lakshmi Cement, Brickwell, Eastland Building Materials Co., Ltd., UAL Industries Ltd., Solbet, and Buildmate Projects Pvt. Ltd.
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Autoclaved Aerated Concrete (AAC) Segmentation:
Product Type Outlook
- Blocks
- Beams Lintels
- Cladding Panels
- Wall Panels
- Roof Panels
- Floor Elements
Application Outlook
- Residential
- Non-Residential
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East Africa
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