Autoclaved Aerated Concrete Market Scope
Growing Infrastructural Development will help to boost global autoclaved aerated concrete market in the forecasted period. Autoclaved aerated concrete (AAC), also called as autoclaved lightweight concrete (ALC) or autoclaved cellular concrete (ACC) is an eco-friendly green building material. Autoclaved aerated concrete is a lightweight, precast building material which offers structure, insulation, and fire and mould resistance. The raw material used for the manufacture of AAC is fly ash, which is a leftover product of thermal power plants. Furthermore, governments are increasingly focusing on developing infrastructure facilities in rural areas. These type materials have increased high popularity in the global AAC market, due to growing focus on environmental friendly materials
According to AMA, the Asia Pacific Autoclaved Aerated Concrete market is expected to see growth rate of 7.0%The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies. In 2018, Asia-Pacific accounted for the major share of the ACC market owing to the high demand from the construction sector of countries like China and India. Research Analyst at AMA estimates that Indian Vendors will contribute to the maximum growth of Asia Pacific Autoclaved Aerated Concrete market throughout the predicted period.
UltraTech Cement Ltd. (India), CSR Limited (Australia), Eastland Building Materials Co. Ltd. (China), UAL Industries Ltd. (India), Builtech Building Elements Ltd. (India), Brickwell (India), SHANDONG TONGDE BUILDING MATERIALS (China), Bigbloc Construction Limited (India), ONE Autoclaved Aerated Concrete (Australia) and AAA Building Panels (Australia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are DPO (Australia).
Segmentation Overview
The study have segmented the market of Asia Pacific Autoclaved Aerated Concrete market by Type (Block, Lintel, Panel, Tile and Other), by Application (Construction Materials, Road Sub Bases, Roof Insulation, Bridge Sub-Structure, Void Filling and Concrete Pipes) and Region with country level break-up.
On the basis of geography, the market of Autoclaved Aerated Concrete has been segmented into Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific).
Influencing Trend:
High Adoption due to Use of Recycled Material for Production and Growing Emphasis on Constructing Sound Proof Buildings
Market Growth Drivers:
Increasing Industrialization, and Accelerated Urbanization and Improved Indoor Air Quality and Heat Control Advantages
Challenges:
Low Availability of Autoclaved Aerated Concrete
Restraints:
High Initial Cost Associated with Autoclaved Aerated Concrete and Limited Usage in Load Bearing Walls
Opportunities:
Huge Demand for Disaster Resisting Buildings and Increased Emphasis on Green Buildings
Market Leaders and their Expansionary Development Strategies
In January 2023, together with SCG INTERNATIONAL INDIA PVT LTD, BigBloc Construction Limited (BCL), one of the leading manufacturers of Aerated Autoclaved Concrete (AAC) blocks, bricks, and panels, was established. (SCG INTL INDIA), a subsidiary of Construction and Building Materials has acquired the joint venture of Siam Cement BigBloc Construction Technologies. The project has successfully acquired land in Gujarat, India, an area with high construction value and continued growth, to establish a plant to produce AAC blocks and panels to support a production capacity of 300,000 cubic meters projected in 2023. .
In December 2020, BigBloc Construction Limited, a leading player in the aerated concrete block space in India and the only publicly traded company in the sector achieved financial closure for expansion in Wada, Palghar District, Maharashtra. The company is installing a greenfield facility with an annual capacity of 5 lakh cubic meters for the AAC block of the space.
Key Target Audience
Manufactures of Autoclaved Aerated Concrete, Private Research Organizations, Government Research Organizations, Government Regulatory bodies and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.