Thursday, April 11, 2024

Innovating Construction: AAC Market's Journey to USD 28.0 Billion

 The global Autoclaved Aerated Concrete (AAC) Market is projected to witness significant growth, expanding from USD 19.0 billion in 2023 to USD 28.0 billion by 2030, with a CAGR of 6.5% during the forecast period. This market is segmented by Product Type (Blocks, Beams & Lintels, Cladding Panels, Wall Panels, Roof Panels, Floor Elements, Others), End User (Residential Buildings, Commercial Buildings, Public Infrastructure), and Application (Construction Material, Road Sub-Base, Roof Insulation, Bridge Sub-Structure, Void Filling, Concrete Pipes).

Several key factors are driving the growth of AAC globally. These include the increasing urbanization and industrialization trends leading to growth in the infrastructural sector, a rising focus on constructing green and sound-proof buildings, and a growing demand for lightweight construction materials.

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