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Autoclaved Aerated Concrete Market - Global opportunity analysis and industry forecast, 2020-2027

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Dec 2020 | 42 Views
 
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COVID-19

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Autoclaved aerated concrete refers to lightweight concrete material that is used for construction works as an alternative to conventional concrete blocks. It is generally made of cement, fine aggregates, water, fly ash, lime, and gypsum. The autoclave aerate concrete provides beneficial properties such as fire resistance, mold resistance, thermal insulation, and durability to the buildings structures. The autoclave aerated concrete are of low density that ranges from 460 to 750 kg/m3. These concrete can be easily chiseled, drilled, and sawed due to its lightweight and low density. The autoclave aerated concrete is divided into various types such as blocks, wall panels, floor, roof panels, cladding panels, and lintels.

Market scope and structure

Report Metric

Details

 Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Application, type, Material and Region

  Companies covered

Major players analyzed includeIntegraSpec, Airlite (Fox Blocks), Quad-Lock Building Systems Ltd., Nudura Corporation, Logix autoclave aerated concrete Ltd., Superform Products Ltd., Amvic, BuildBlock Building Systems, Plasti-Fab, and BASF SE

 

 

Regions covered

North America

Europe

Asia-Pacific

LAMEA

US, Canada, and Mexico

Germany, France, UK, Italy and the Rest of Europe

China, Japan, India, South Korea and the Rest of Asia-Pacific

Latin America, Middle East, and Africa

Covid-19 Scenario Analysis:

 

  • The demand for the autoclave aerated concrete is expected to decrease in the year 2020 due to lockdown imposed by the government and low demand from construction industries.
  • Coronavirus has affected the import and export of construction materials. China is the largest exporter of construction materials globally. Negative trends in the economy of China are anticipated to reduce the global import and export throughout the globe.
  • Demand for new construction materials have witnessed a massive negative shift since the corona outbreak in December 2019, with manufactures and investors fearing an excessively receding economic growth.
  • Travel prohibitions around the globe have affected the trade of construction materials. Thus, the supply and demand for construction materials are almost halted throughout the globe.
  • Construction materials manufacturing companies located in China, are the major sufferers of from the virus outbreak, owing to lockdown and unavailability of logistics in the region.
  • The major hindrance for the global construction materials market comes from the orders of home quarantine by respective governments, which has led to the discontinuing of production of construction materials.
  •  Decreased consumer demand and consumption has led to reduction and slow down of sales of construction materials all over the globe over the course of the current economic year.
  • Therefore, the autoclave aerated concrete market is expected to be negatively affected in 2020.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The increase in the infrastructure and construction activities across different regions act as a growth driver for the autoclave aerated concrete market. The increasing government investments across various region in order to improvise infrastructure facilities is expected to further fuel the autoclave aerated concrete market growth during the forecast period. The increasing demand for the green and sustainable construction in-order to reduce the carbon content in the environment and disaster resiliency is expected to boost the growth of autoclave aerated concrete market. The rising demand for the AAC concrete in commercial and residential construction owing to its superior properties such as fire-resistant, low density, thermal insulation, seismic-resistant, lightweight feature, and easy to install is expected to boost the market growth. Europe is has the largest market share in autoclave aerated concrete. Asia-Pacific region countries such as India and China are witnessing a significant growth in the residential construction which is expected to fuel the autoclave aerated concrete market.  However, the high cost factor associated with the autoclave aerated concrete and lack of awareness about the advantages of autoclave aerated concrete among the local contractors and construction companies can hamper the growth of the market.

The global autoclave aerated concrete market trends are:

New launches to flourish the market

In October 2019 one of the global leader in construction materials market Gubbi Enterprises has installed its new autoclave aerated concrete plant in India. The factory consists of an autoclave machinery which cures the concrete block in 8-10 hours in high temperature. The autoclave aerated concrete manufactured from this factory are used in construction and panel applications.

High demand from applications:

The demand for the high quality construction material in various residential and non-residential buildings such as offices, residential halls, institutions, and other commercial buildings has pushed up the autoclave aerated concrete market across the globe. Further, it is used as cladding material in the high rise buildings. The autoclave aerated concrete is mostly used as an construction material in the cold region such as Europe and North America. The autoclave aerated concrete provides thermal resistance and non-combustible properties to the buildings thus providing heat to the interiors of the building. However,autoclave aerated concrete walls offer higher thermal mass, acoustic insulation, andair-tightness. The autoclave aerated concrete material use thin bed mortar of thickness of 1/8 inch rather than regular cement mortar. The autoclave aerated concrete materials is composed of 80% of air that reduces humidity inside the building. The autoclave aerated concrete provides benefits such as disaster resistant, sound-blocking ability, energy efficiency and cost savings benefits.

Key segments covered:

 

Segments

Sub-segments

  Type

  • Cladding Panels
  • Wall panels
  • Lintels
  • Concrete blocks

  Applications

  • Commercial
  • Industrial
  • Residential

 

  Material

  • Flyash
  • Gypsum
  • Lime
  • others

 

 

 

Key benefits of the report:

  • This study presents the analytical depiction of the autoclave aerated concrete Market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the autoclave aerated concrete Market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight theautoclave aerated concrete market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Market analysis based on competitive intensity and how the competition will take shape in coming years.
 
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