Autoclaved Aerated Concrete Global Market By Product Type, By Element, By Application, Industry Analysis And Regional Forecast 2023-2032 | ACICO Group, AERCON AAC, AKG Gazbeton,,Bauroc AS, Brickwell

Autoclaved Aerated Concrete Market

The Autoclaved Aerated Concrete Global Market Report 2023 by The Business Research Company, provides autoclaved aerated concrete market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Autoclaved Aerated Concrete Global Market Report 2023, the market size will grow from $14.34 billion in 2022 to $15.95 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global autoclaved aerated concrete market is expected to grow to $24.31 billion in 2027 at a CAGR of 11.1%.

The increasing construction of green buildings is expected to propel the growth of the autoclaved aerated concrete market. Green buildings are more energy-efficient and sustainable so that they have a lower carbon footprint and a minimal impact on the environment.

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The autoclaved aerated concrete market is segmented:

1) By Type: Block, Lintel, Panel, Other Types

2) By Application: Construction Material, Roof Insulation, Roof Sub Bases, Bridge Sub-Structures, Concrete Pipes, Void Filling, Other Applications

3) By End User: Residential, Non-residential

Technological advancement is a key trend gaining popularity in the autoclaved aerated concrete market. Technological advancement is the discovery of knowledge that advances the understanding of technology. For instance, in March 2022, ACC Limited, an India-based cement manufacturing company, launched ACC Airium, based on insulating technology. ACC Airium is an aerated concrete product that provides insulation to the surface during the construction process and is suitable for homes, offices, and buildings.

The autoclaved aerated concrete market report table of contents includes: