The report "Global Autoclaved Aerated Concrete Market, By Type (Lintel, Block, Tile and Panel), By Application (Commercial, Industrial, and Residential), and Region - Global Forecast to 2029" Global autoclaved aerated concrete market is projected to grow from US$ 19.6 billion in 2020 to US$ 33.8 billion by 2029. Increase in demand for Autoclaved aerated concrete all over the world is the main propelling factor for the growth of target market. Additionally, autoclaved aerated concrete is the better material for the soundproofing material and acoustic insulation material is the driving factor for the growth of global market. Moreover, Autoclaved aerated concrete is available in different types and in various sizes is the propelling factor for the growth of target market. However, the expenditure for the production of Autoclaved aerated concrete blocks is more is the main hampering factor for the growth of target market.
Key Market Insights from the report:
The global autoclaved aerated concrete market accounted for US$ 19.6 billion in 2020 and is projected to register a moderate CAGR of 6.2 % over the forecast period. The market report has been segmented on the basis of type, application, and region.
• By type, the global autoclaved aerated concrete market is segmented into lintel, block, tile, and panel.
• By application, the global autoclaved aerated concrete market is categorized into commercial, industrial, and residential.
• By region, The Asia Pacific region is anticipated to rule the target market during the forecast period due to developing urban areas which demands to increase new buildings. Additionally, the Europe is expected to rule the global market over the forecast periods because of increasing demand of population in Europe for building homes using autoclaved aeration concrete.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Global Autoclaved Aerated Concrete Market”, Global Autoclaved Aerated Concrete Market, By Type (Lintel, Block, Tile and Panel), By Application (Commercial, Industrial, and Residential), and by Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - forecast till 2029
Key Highlights:
• In January 2019, Xella International GmbH., developed Autoclaved aerated concrete from the fly ash to present year’s BAU trade fair.
To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Autoclaved-Aerated-Concrete-Market-3535
The prominent player operating in the global autoclaved aerated concrete market includes Xella International GmbH, HH International Co Ltd., UltraTech Cement Ltd., SOLBET capital group, AERCON AAC autoclaved aerated concrete, ACICO SA, Biltech Building Elements Limited, AKG Gazbeton A.S, Brickell Bay Acquisition Corp., and Eastland Building Materials Co. Ltd.,
About Prophecy Market Insights
Prophecy Market Insights is specialized in market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
Contact Us:
Sales
Prophecy Market Insights
Email- [email protected]