GITNUX MARKETDATA REPORT 2024

Autoclaved Aerated Concrete Industry Statistics

Autoclaved aerated concrete industry is projected to experience steady growth due to increasing demand for sustainable and lightweight construction materials.

In this post, we will explore key statistics and insights into the Autoclaved Aerated Concrete (AAC) industry, offering a comprehensive overview of market trends, projections, and major players shaping this dynamic sector. From market size valuations to regional dominance and growth forecasts, the data presented sheds light on the current landscape and future trajectory of the AAC market globally.

Statistic 1

"The global Autoclaved Aerated Concrete (AAC) market size was valued at USD 4.12 billion in 2020."

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Statistic 2

"The Autoclaved Aerated Concrete (AAC) market is projected to reach USD 28.9 billion by 2026."

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Statistic 3

"The AAC market is expected to bring in US$7.0 billion by 2031."

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Statistic 4

"Asia-Pacific is expected to be the largest AAC market during the forecast period."

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Statistic 5

"The AAC market witnessed a Year-Over-Year growth of 8.12% in 2021."

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Statistic 6

"Europe dominated the AAC market with a share of more than 34.0% in 2020."

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Statistic 7

"The global AAC market is highly competitive, with the top five players accounting for around 40% of the market share."

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Statistic 8

"The residential application sector dominated the AAC market with a share of over 60% in 2020."

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Statistic 9

"The AAC blocks segment held the largest share of around 48.1% in 2020."

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Statistic 10

"Portugal held the largest market share in Europe's AAC market in 2018."

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Statistic 11

"China and India contribute nearly half of the market share in the Asia-Pacific AAC market."

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Statistic 12

"Xella Group, H+H International A/S, and Forterra are leading players in the AAC industry."

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Statistic 13

"The annual production of AAC in Europe in 2017 was around 24 million cubic meters."

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Statistic 14

"AAC has been used in constructions in more than 70 countries worldwide."

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Statistic 15

"The Middle East & Africa AAC market is projected to reach a market size of USD 491.44 Million by the end of 2028."

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Statistic 16

"The market size of the AAC in Indonesia was USD 345.72 Million in 2019."

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Statistic 17

"The demand for AAC in India is expected to grow at a CAGR of 12%-14% during 2020-2025."

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Statistic 18

"In the US, the AAC market is projected to grow at a CAGR of approximately 6.21% over the forecast period."

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In conclusion, the Autoclaved Aerated Concrete (AAC) industry is witnessing substantial growth and promising outlooks globally. With market size projections indicating significant expansion by 2026 and beyond, regions like Asia-Pacific and Europe are poised to be key players in the market. The dominance of residential applications and AAC blocks further underscores the industry’s potential for growth. The competitive landscape, led by major players like Xella Group and H+H International A/S, reflects a dynamic and evolving market. Additionally, the increasing adoption of AAC in various countries worldwide, coupled with rising demands in emerging markets like India and Indonesia, highlights the industry’s increasing global relevance.

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