Global AAC Blocks And Panels Market Size and Forecast 2024-2033

Overview and Scope
Autoclaved aerated concrete (AAC) blocks and panels refer to a fresh mixture that rises like bread dough and is made up of fine aggregates, cement, and an expansion agent. This concrete has an air content of 80%. It can be used for building materials including walls, floors, and roofs.

Sizing and Forecast
The AAC blocks and panels market size has grown strongly in recent years. It will grow from $19.92 billion in 2023 to $21.39 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to infrastructure development initiatives, building code compliance, material innovations and advancements, focus on fire-resistant materials, construction industry evolution.

The AAC blocks and panels market size is expected to see strong growth in the next few years. It will grow to $28.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to rapid urbanization and infrastructure projects, government regulations on energy efficiency, increasing demand for residential housing, growing commercial construction. Major trends in the forecast period include architectural design flexibility, government support and incentives, preference for green buildings, sustainable building practices.

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The AAC blocks and panels market covered in this report is segmented –

1) By Type: Blocks, Panels, Lintels, Other Types
2) By Size: Small, Medium, Large
3) By End-User: Residential Construction, Commercial Construction, Industrial Construction, Infrastructure Construction

Asia-Pacific was the largest region in the AAC blocks and panels market in 2023. The regions covered in the aac blocks and panels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
An increase in construction activities is expected to boost the growth of the AAC blocks and panels market going forward. Construction activity refers to any activity that is related to the land, including land-building infrastructure and structures. Building infrastructure and construction of buildings would result in increasing demand for AAC blocks, as they are lightweight, load-bearing, high-insulating, durable building blocks and 3 times lighter when compared to red bricks. For instance, according to Zippia, a US-based job-recruitment company, there was a 4% rise in construction activities from 2020 to 2021 with 1,337,800 additional housing units. Therefore, an increase in construction activities drives the AAC blocks and panels market.

Key Industry Players
Major companies operating in the AAC blocks and panels market report are UltraTech Cement Ltd., Ecotrend New Building Materials Development Co. Ltd., CK Birla Group, Tarmac Building Products Limited, Health and Happiness (H&H) International Holdings Ltd, Colonial Sugar Refining Company Limited., Xella International, JK Laxmi Cement, Forterra PLC., UAL Industries Ltd., ACICO Industries Company, Schwenk Building Materials, AKG Gazbeton, BAUROC AS, Magicrete Building Solutions Pvt. Ltd., Hebel, MASA GmbH, Siporex India Pvt Ltd., Biltech Building Elements Ltd., Eco Green Products Pvt Ltd., Wehrhahn GmbH, Buildmate Projects Pvt. Ltd., SOLBET, Aercon AAC, Aircrete Europe, LCC SIP Ltd., AerBlock, Ecolite AAC Blocks, Mepcrete AAC Blocks, Renacon AAC Blocks, Impulse Constrotech Pvt. Ltd., Durox (owned by Tarmac), E-Crete, ECO-CARE Building Products Pvt Ltd., Dr. Fixit (P.I.Dilip Buildcon Ltd.), Brikolite AAC Blocks, Roca India

The aac blocks and panels market report table of contents includes:

1. Executive Summary

2. AAC Blocks And Panels Market Characteristics

3. AAC Blocks And Panels Market Trends And Strategies

4. AAC Blocks And Panels Market – Macro Economic Scenario
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32. Global AAC Blocks And Panels Market Competitive Benchmarking

33. Global AAC Blocks And Panels Market Competitive Dashboard

34. Key Mergers And Acquisitions In The AAC Blocks And Panels Market

35. AAC Blocks And Panels Market Future Outlook and Potential Analysis

36. Appendix

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