Albany, New York, September 13, 2019: Modern architects are introspecting on the need to revive old designs across the constructions industry. The widespread use of monolithic structures in ancient buildings has become a matter of discussion across the field of architecture. This factor has played an integral role in driving demand within the global autoclaved aerated concrete (AAC) market in recent times. AAC blocks help in simulating ancient single stone structures. Furthermore, the growth of the constructions industry has further driven demand within the global autoclaved aerated concrete (AAC) market.
The newly developed Klima Intérieurs’ Marseille Studio in France has attracted the attention of design enthusiasts. The use of autoclave aerated concrete furniture is the main attraction of the studio. The softness and light-weight nature of autoclave aerated concrete has led several other commercial and residential planners to use such furniture. Therefore, the global autoclaved aerated concrete market is poised to grow at a stellar pace in the years to follow. Advancements in the overall constructions industry have also given a thrust to the growth of the global autoclaved aerated concrete market.
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The need to reduce the cost of accomplishing a construction project has paved way for market growth. Autoclave aerated concrete can be considered as a cost-effective alternative to mortar and brick. Furthermore, structures made from autoclave aerated concrete are uncannily similar to structures made from bricks and plaster. The relevance of autoclave aerated concrete, especially in the contemporary times of cost flux, cannot be underestimated.
Transparency Market Research (TMR) finds that the global autoclaved aerated concrete market could expand at a moderate CAGR of 7.0% over the forecast period between 2018 and 2026. Furthermore, the global value of the autoclaved aerated concrete market is slated to touch US$ 20 Bn by 2026.
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Incidence of Heat Waves across the World to Propel Market Demand
Autoclaved aerated concrete blocks used in buildings prevent heat waves to penetrate the structure. For this reason, the external walls of several commercial buildings are made up of autoclaved aerated concrete. Hence, increasing mercury across multiple regions has led to increased adoption of autoclaved aerated concrete across the world. As companies and organizations comply standards specified by the Energy Conservation Building Code, the use of autoclaved aerated concrete shall further increase.
Perforation of autoclaved aerated concrete can ease masonry, and this factor accelerates the construction process. Hence, autoclaved aerated concrete is in tremendous demand across temporary construction sites meant for global events and festivals. Furthermore, simulation of prominent global monuments at exhibitions and architectural workshops has also created growth spaces within the global autoclaved aerated concrete market.
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Need for Low-Cost Constructions across Industrial Units
The industrial and manufacturing sector is characterised by dynamism of requirements. The need for establishing new operational sites, chambers, and sections across an industrial unit necessitates the deployment of quick construction hacks. This factor has played a key role in the growth of the global autoclaved aerated concrete market. Furthermore, commercial offices require renovation and customization to accommodate more people and teams. The growth of co-working spaces that customize work stations for companies and organizations is another key trend pertaining to the use of autoclaved aerated concrete. Hence, the global market is slated to grow in size and revenues in the years to follow.
Some of the leading vendors in the global autoclaved aerated concrete market are SOLBET, ACICO, UltraTech Cement Ltd., AERCON AAC, Biltech Building Elements Limited, and AKG Gazbeton.
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The review is based on TMR’s report titled, “Autoclaved Aerated Concrete (AAC) Market (Product – Block, Wall Panel, Floor Panel, Roof Panel, Cladding Panel; End use – Residential, Commercial) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026”.
The global autoclaved aerated concrete market is segmented by:
Product
End-use
Region
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