Global autoclaved aerated concrete market is projected to reach $5,721.4 million by 2023. The growth of the Autoclaved Aerated Concrete Market is majorly driven by the increasing urbanization and industrialization along with growth in the infrastructure sector, and increasing focus on green and sound proof buildings.
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On the basis of application, the autoclaved aerated concrete market is segmented into construction material, road sub bases, roof insulation, bridge sub-structure, void filling, concrete pipes, and others; ‘others’ include shock and blast mitigation, site reconstruction, anti-corrosion fill, pavement base, and shock absorbing concrete.
Among all regions, APAC contributed the highest revenue to the autoclaved aerated concrete market, valued at more than 33.0%, in 2017. This is attributed to the rapid urbanization in the region, in order to meet the demand of the increasing population.
Additionally, the growing need of better infrastructure to improve the quality of lives for people and economic development in the region are driving the market growth in APAC.
Furthermore, the demand of autoclaved aerated concrete is increasing in the region, owing to its environment-friendly properties, which have become the major concern.
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Some of the major players operating in the global autoclaved aerated concrete market are Isotech Srl, Xella Group, Cematrix, ACICO Industries Company, Broco Group, Aircrete Europe, SOLBET Capital Group, Laston Italiana S.p.A., and Aerix Industries.
Global Autoclaved Aerated Concrete Market Segmentation
By Application
- Construction Material
- Road Sub Bases
- Roof Insulation
- Bridge Sub-Structure
- Void Filling
- Concrete Pipes
- Others
By End User
- Residential Buildings
- Commercial Buildings
- Infrastructure
- Others
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