PUBLISHER: Grand View Research | PRODUCT CODE: 1474924
PUBLISHER: Grand View Research | PRODUCT CODE: 1474924
The global autoclave aerated concrete market is anticipated to reach USD 22.87 billion by 2030 and is projected to grow at a CAGR of 6.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. This industry is expected to witness exponential growth due to increasing emphasis on green and soundproof buildings. Factors such as its lightweight nature, diverse textures, and versatile applications are projected to fuel its adoption.
The significant catalyst propelling the global market is industrialization, particularly in developing nations. Increased purchasing power, urbanization, population growth, and the need for affordable housing are anticipated to fuel demand. AAC is produced utilizing fly ash, a plentiful byproduct of thermal power plants. It consists of gypsum, limestone, cement, and traces of aluminium, which are more cost-effective than traditional alternatives like sand and anhydrite used in conventional concrete products. This prefabricated, lightweight, foam concrete material offers insulation, structural integrity, mold resistance, and fire retardance, thereby driving its adoption in both commercial and residential construction projects.
AAC boasts impressive thermal insulation capabilities, aiding in the reduction of heat transfer across walls and floors. Structures built using AAC panels or blocks demand less energy for heating and cooling, resulting in decreased energy expenditures and enhanced indoor comfort levels. As global energy efficiency standards become more rigorous, there is an increasing demand for construction materials that contribute to energy conservation and promote sustainable building methodologies
AAC, a lightweight and environmentally friendly construction material, is crafted from natural elements such as sand, cement, lime, and aluminium powder. Its manufacturing process entails minimal energy usage and emits fewer greenhouse gases in comparison to conventional materials like concrete or bricks. With the escalating focus on sustainability and environmental considerations, there's a rising need for eco-conscious building materials like AAC, offering energy efficiency, recyclability, and a diminished carbon footprint.
There is an increasing adoption of several autoclave aerated concrete products such as AAC panels and blocks in this market. AAC panels are known for their excellent fire resistance, durability, and sound insulation capabilities, making them ideal for a wide range of applications in residential, commercial, and industrial construction projects. This versatility allows builders and architects to meet various building requirements while ensuring safety and comfort for occupants. Moreover, AAC panels are environmentally friendly as they are made from natural materials and have a lower carbon footprint compared to traditional building materials. With increasing awareness of sustainability and environmental concerns, many construction projects are opting for green building materials like AAC panels.
Government initiatives and regulations promoting sustainable construction practices and energy-efficient buildings have further propelled adoption of AAC products. As countries in the Asia Pacific region aim to reduce carbon emissions and mitigate the environmental impact of construction activities, AAC, with its eco-friendly attributes and energy-saving properties, has gained popularity as a preferred building material. Moreover, AAC products are eco-friendly as they are made from natural materials and have a lower carbon footprint compared to traditional building materials. With increasing awareness of sustainability and environmental concerns, many homeowners are opting for green building materials like AAC.