Global Autoclaved Aerated Concrete (AAC) Market
In August 2016, Tarmac, acquired 11 ready-mix concrete sites from Hope Construction Materials and Breedon Aggregates, based in the United Kingdom.
In July 2016, UltraTech Cement bagged the deal with India based Jaypee Group to acquire its cement assets worth INR 161.89 billion.
In February 2016, Forterra acquired Sherman-Dixie Concrete Industries, a leading producer of precast concrete structures, based in Kentucky, Tennessee, Indiana and Albama.
The Global Autoclaved Aerated Concrete (AAC) market is expected to be valued at USD XX million in 2017 and is projected to reach USD XX million by 2022, growing at a CAGR of XX%, during the forecast period 2017-2022.
AAC, a versatile lightweight construction material, is manufactured from cement, lime, sand (or fly ash), aluminum powder (expansion agent) and anhydrite (or gypsum). It is a low density concrete that differs from traditional concrete masonry units (CMUs) in the manner that the final product contains no aggregates. AAC is used extensively for construction activities because of its superior resistance to fire, wind, solar damage, seismic fluctuations and pests. Moreover, AAC is a green construction material (recyclable and no VOC) and also provides the end-users with substantial water and energy savings.
This market is driven by a number of factors, such as increased emphasis on green buildings (LEED Ratings), use of recycled material for AAC production, and the superior characteristics of AAC, in comparison to traditional building materials. Moreover, growth is also being augmented by the growing emphasis on constructing sound proof buildings in the developed countries. However, this market faces certain drawbacks, primarily the high initial costs associated with using AAC, and the limited number of AAC manufacturing facilities in the United States, which have resulted in limited adoption of the product in North America.
In the report, the Global Autoclaved Aerated Concrete (AAC) Market is segmented by type, and application. They are further segmented as follows:
By Application (Construction), the market has been segmented into
By Type, the market has been segmented into
Residential construction applications has the largest market share of approximately more than 27%, major reason owing to the recovery of construction sector in developed countries coupled with rapid growth in developing countries such as India, and China.
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Middle East &Africa and South America. Europe is the largest country in the region by demand, owing to the recovery of construction sector in the region.
Opportunities and Major Players
Global consumer emphasis on using fire-retardant building materials, the increase in AAC usage in India and China, and the growing need for disaster-resistant structures, are expected to offer major growth opportunities for players in the global AAC market.
Some of the major players in this market include:
Aeroc International AS
H+H International A/S
Key Deliverables in the Study
Market analysis for the Global Autoclaved Aerated Concrete (AAC) market, with region specific assessments and competition analysis on global and regional scale
Market definition along with the identification of factors instrumental in changing the market scenarios and prospective opportunities
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global Autoclaved Aerated Concrete (AAC) Market on global and regional scale
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped