DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Autoclaved Aerated Concrete Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering.
The global autoclaved aerated concrete market was estimated at $3,753.66 million in 2015, and it is expected to grow at a CAGR of 8.1% during 2016 - 2022.
In terms of volume, Europe accounted for the largest share in the global autoclaved aerated concrete market with 21.3 million cubic meters consumed in 2015. The major reasons behind the growth of the market in the region include shifting trend to light weight and green building construction. Asia-Pacific was the second largest market in the global autoclaved aerated concrete market with 19.7 million cubic meters consumed in 2015.
The global autoclaved aerated concrete market is witnessing significant growth, due to increasing industrialization and accelerated urbanization in developing countries, cost effectiveness and light weight material of AAC, and increased emphasis on sound proof and green building. Now-a-days with infrastructure development, environmental conservation has also become key area of concern, as traditional building materials, such as wood and fired clay bricks, implies cutting of green trees and consume lots of fertile land/soil and emit huge amount greenhouse gases. Another factor for increasing demand of AAC is that it's an environment friendly product, as it is manufactured by using fly ash (approximately 60-65% by weight), which in an unavoidable waste from coal based thermal power plants.
The key companies operating in the global autoclaved aerated concrete market includes Isoltech srl, Xella Group, Cematrix, SOLBET Capital Group, Laston Italiana S.P.A, Aerix Industries, ACICO, Broco Industries, Aircrete Europe.
3. Market Outlook
Opportunities In The Global Autoclaved Aerated Concrete Market
- Fly Ash: Changing Status Quo From Harmful Industrial Waste To Commercially Consumable Commodity
- Focus On Constructing Buildings Having High Affinity For Earthquakes And Other Natural Disasters
Factors Driving Growth Of The Market And Its Impact On Market Forecast
- Accelerated Urbanization, Growth In Infrastructural Activities And Increasing Industrialization
- Aac: Light Weight And Low Cost
- Increased Emphasis On Green And Sound Proof Buildings
- Impact Analysis Of Drivers On Market Forecast
Factors Hindering Growth Of Market And Its Impact On Market Forecast
- High Initial Cost Associated With Aac
- Limited Number Of Aac Manufacturers In North America
- Impact Analysis Of Restraints On Market Forecast
Key Company Profiles
- Isoltech Srl
- Xella Group
- Acico Industries Company
- Broco Group
- Aircrete Europe
- Solbet Capital Group
- Laston Italiana S.P.A.
- Aerix Industries
For more information about this report visit http://www.researchandmarkets.com/research/zpz82f/global_autoclaved