Market Research Future published a research report on “Autoclaved Aerated Concrete Market Research – Global Forecast 2025” – Market Analysis, Scope, Stake, Progress, Trends and Forecast Report to 2025.
Market Research Future (MRFR), in its recently released research report, asserts that the global autoclaved aerated concrete market 2020 is booming and expected to grow exponentially over the review period, reaching a substantial market valuation more than 7.2 Billion recorded in 2018, and a healthy 6.30% CAGR in the forecast period.
Drivers and Restraints
The Covid 19 Analysis on Autoclaved Aerated Concrete Market has been observing significant growth in the past few years. The flourishing construction sector is stimulating the demand for autoclaved aerated concretes. The growing investment for construction and the growing urbanization are the prime factors that are expected to fuel the growth of the autoclaved aerated concrete industry.
The major market players operating in the Covid 19 Analysis on Autoclaved Aerated Concrete Market as identified by MRFR are Biltech Building Elements Limited (India), Wehrhahn GmbH (Germany), Aircrete Europe B.V. (Netherlands), ACICO Industries (Kuwait), Masa Group (Germany), JK Lakshmi Cement Ltd. (India), AERCON AAC (India), Xella Group (Germany), Broco Industries (Indonesia), and AERCON AAC (US).
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The global autoclaved aerated concrete market has been segmented based on the product type, application, size, and End-use. The global market for autoclaved aerated concrete is segmented on the basis of the product type, into a block, floor and roof panel, lintel, wall panel, cladding panel, tile and others. In terms of value, blocks segment will continue to lead the global autoclaved aerated concrete market, based on the product type. The Global Market for Autoclaved Aerated Concrete is segmented on the basis of size as a medium, small, and large. large AAC blocks are mainly used for road construction so this segment is poised to hold bulk of market share. Based on the application, the global market for autoclaved aerated concrete is divided as road construction, building construction materials, roof insulation, void filling, bridge substructure, and others. The building construction material segment holds the majority of market value in the global autoclaved aerated concretes market. Based on the end-use, the global autoclaved aerated concrete market is segmented as commercial, residential, industrial and infrastructure. The commercial sector is projected to hold the largest market share in the global Autoclaved aerated concrete market
The geographical overview of the global autoclaved aerated concrete market has been conducted in four major regions, including North America, Europe, the Asia Pacific, and the rest of the world (the Middle East and Africa, Latin America). North America is slated to hold third-largest share, the demand in the North America region is primarily driven by the construction sector. The US holds the leading market share and is projected to be the fastest-growing market in North America. The high demand is credited to the recent development in commercial and residential construction.
Europe region led the global autoclaved aerated concrete market in terms of value owing to the increasing application of autoclaved aerated concrete as the building material in this region. As per the European Construction Industry Federation (FIEC), the construction sector in Europe is rising with a 2% growth rate and estimated to follow this growth trend in the coming years. The major market players of autoclaved aerated concrete are Germany, Poland, and the U.K.
Asia-Pacific is set to observe the highest growth rate in the global market for autoclaved aerated concrete due to the swift urbanization in India, China,and other developing economies in the region. The presence of leading market players coupled with the growing construction industry has led to a high demand for autoclaved aerated concretes in Asia-Pacific.
The autoclaved aerated concrete market in the Middle East & Africa is projected to witness high growth over the assessment period due to the growth of infrastructure and the increasing investment in road construction. Saudi Arabia holds the principal market share in the MEA. South America shows a gradual growth rate owing to the rise in the number of bridge construction projects.
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Table of Content:
Chapter 1: Autoclaved Aerated Concrete Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Autoclaved Aerated Concrete Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Autoclaved Aerated Concrete Market Effect Factors Analysis
Chapter 12: Global Autoclaved Aerated Concrete Market Forecast
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