Press release
Autoclaved Aerated Concrete Market Overview, Trends, Opportunities, Growth And Forecast by 2023
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.
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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.
APAC is focusing to shrink its energy consumption and carbon footprint, top priority has been given to the revamping of the region’s buildings. The government of Asian countries are also promoting the use of environmentally friendly material in the construction of green buildings. For instance, in 2009, the government of Malaysia launched the green building index (GBI). Under this, the government encouraged the builders to use green technology and also introduced incentives for owners to obtain GBI certificate for existing as well as new buildings.
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Increasing concern over safety of construction buildings from natural calamities has attracted the attention of the construction industry. The industry is constantly focusing on making materials that can withstand such incidents including earthquakes. Owing to light weight of these concrete blocks, the mass of the structure gets reduced, decreasing the impact of earthquake on the building.
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.
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