Global Autoclaved Aerated Concrete AAC Market, 2020-2027

2021
JANUARY
AUTOCLAVED AERATED CONCRETE

(AAC) MARKET
AUTHOR(S): Global Opportunity Analysis and Industry Forecast, 2020-2027
Tanvi Pednekar
Onkar Sumant
PAGES:
202
REPORT CODE:
A08691
INDUSTRY:
Construction & Manufacturing
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Autoclaved
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Aerated
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Concrete (AAC)
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Analysis and Industry
Forecast, 2020-2027
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RELATED REPORTS
Precast Construction Market-Forecast, 2014-2022

The global precast construction market size was estimated to be $12,133 million in 2015, and is projected to
grow at a CAGR of 6.3% to reach $185,232 million by 2022. Increase in construction spending, growth in
urbanization and industrialization in developing countries, growth in need for development of low cost residential
units, higher efficiencies and productivity attained by precast methods, and increased speed of construction by
precast technology drive the market.
Modular Construction Market-Forecast, 2019-2026

The global modular construction market size was valued at $114.6 billion in 2018, and is projected to reach
$196.2 billion by 2026, growing at a CAGR of 7.1% from 2019 to 2026. Modular construction is a process in
which an off-site construction of a building is completed, using the same design, standards, and materials.
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
4
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION....................................................................................... 31
1.1. Report description .................................................................................................... 31
1.2. Key benefits for stakeholders .................................................................................. 33
1.3. Key market segments ............................................................................................... 34
1.4. Research methodology ............................................................................................ 37
1.4.1. Primary research ..................................................................................................................... 39
1.4.2. Secondary research................................................................................................................ 40
1.4.3. Analyst tools and models .................................................................................................... 40
CHAPTER 2: EXECUTIVE SUMMARY............................................................................ 41

2.1. Key findings of the study ......................................................................................... 44
Autoclaved
Aerated 2.2. CXO perspective ........................................................................................................ 44
Concrete (AAC) CHAPTER 3: MARKET OVERVIEW ................................................................................ 46
Market 3.1. Market definition and scope ................................................................................... 46
Global Opportunity 3.2. Key findings............................................................................................................... 47

Forecast, 2020-2027 3.2.1. Top impacting factors........................................................................................................... 47
5
3.2.2. Top investment pockets ...................................................................................................... 48
3.3. Porter's five forces analysis ..................................................................................... 49

3.4. Market share analysis ............................................................................................... 54
3.5. Market dynamics ...................................................................................................... 55
3.5.1. Drivers ......................................................................................................................................... 56
3.5.1.1. Advantageous characteristics of AAC such as fire resistance,

thermal insulation, and light weight ..........................................................................56
3.5.1.2. Reduction in overall construction costs ....................................................................57
3.5.1.3. Better environmental efficiency compared to traditional bricks ....................58
3.5.2. Restraint ..................................................................................................................................... 60
3.5.2.1. High dependence on substitutional products .......................................................60

3.5.2.2. Necessity of reinforcement for load bearing applications ...............................60
Autoclaved 3.5.3. Opportunity .............................................................................................................................. 61
Aerated
3.5.3.1. Necessity of resilient construction ..............................................................................61
Concrete (AAC)
Market 3.6. COVID-19 impact analysis ........................................................................................ 61
Global Opportunity
Forecast, 2020-2027
6
CHAPTER 4: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY
PRODUCT TYPE ........................................................................................ 64
4.1. Overview .................................................................................................................... 64
4.1.1. Market size and forecast, by product type .................................................................. 65
4.2. Blocks ......................................................................................................................... 66

4.2.1. Key market trends, growth factors, and opportunities ........................................... 66
4.2.2. Market size and forecast, by region ............................................................................... 67
4.2.3. Market analysis, by country................................................................................................ 68
4.3. Others ........................................................................................................................ 69


Autoclaved 4.3.3. Market analysis, by country ................................................................................................ 71
Aerated
CHAPTER 5: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY END
Concrete (AAC)
Market USER .......................................................................................................... 73
5.1. Overview .................................................................................................................... 73
Global Opportunity
Analysis and Industry 5.1.1. Market size and forecast, by end user ........................................................................... 74
Forecast, 2020-2027
7
5.2. Residential ................................................................................................................. 75
5.2.3. Market analysis, by country ................................................................................................ 77
5.3. Non-residential ......................................................................................................... 78


APPLICATION ........................................................................................... 82
6.1. Overview .................................................................................................................... 82
Autoclaved 6.1.1. Market size and forecast, by application ...................................................................... 83
Aerated
6.2. Walls........................................................................................................................... 84
Concrete (AAC)
Market 6.2.1. Key market trends, growth factors, and opportunities ........................................... 84

Global Opportunity
Analysis and Industry 6.2.3. Market analysis, by country................................................................................................ 86
Forecast, 2020-2027
8
6.3. Floors & roofs ........................................................................................................... 87
6.4. Others ........................................................................................................................ 90


REGION ..................................................................................................... 94
7.1. Overview .................................................................................................................... 94
Autoclaved 7.1.1. Market size and forecast, by region ............................................................................... 95
Aerated
7.2. North America........................................................................................................... 96
Concrete (AAC)
Market 7.2.1. Key market trends and opportunities ............................................................................ 96
7.2.2. Market size and forecast, by product type .................................................................. 97

Global Opportunity
Analysis and Industry 7.2.3. Market size and forecast, by end user ........................................................................... 97
Forecast, 2020-2027
7.2.4. Market size and forecast, by application ...................................................................... 98
9
7.2.5.1. U.S. ......................................................................................................................................... 100

7.2.5.1.1. Market size and forecast, by product type .................................... 100
7.2.5.1.2. Market size and forecast, by end user ............................................. 101
7.2.5.1.3. Market size and forecast, by application ........................................ 102
7.2.5.2. Canada ................................................................................................................................. 103

7.2.5.3. Mexico .................................................................................................................................. 106


Autoclaved
Aerated
Concrete (AAC) 7.3. Europe ...................................................................................................................... 109
Market 7.3.1. Key market trends, growth factors, and opportunities ......................................... 109
7.3.2. Market size and forecast, by product type ................................................................ 110

Global Opportunity
Analysis and Industry 7.3.3. Market size and forecast, by end user ......................................................................... 110
Forecast, 2020-2027
7.3.4. Market size and forecast, by application .................................................................... 111
10
7.3.5. Europe Market size and forecast, by country ........................................................... 112
7.3.5.1. Germany .............................................................................................................................. 113

7.3.5.2. UK ........................................................................................................................................... 116

7.3.5.3. France ................................................................................................................................... 119


Autoclaved
Aerated
Concrete (AAC) 7.3.5.4. Rest of Europe................................................................................................................... 122
Market 7.3.5.4.1. Market size and forecast, by product type .................................... 122

Global Opportunity
Analysis and Industry 7.3.5.4.3. Market size and forecast, by application ........................................ 124
Forecast, 2020-2027
11
7.4. Asia-Pacific .............................................................................................................. 125
7.4.1. Key market trends, growth factors, and opportunities ......................................... 125
7.4.3. Market size and forecast, by end user ......................................................................... 126
7.4.5. Market size and forecast, by country ........................................................................... 128
7.4.5.1. China ..................................................................................................................................... 129

7.4.5.2. Japan ..................................................................................................................................... 132
Autoclaved 7.4.5.2.1. Market size and forecast, by product type .................................... 132
Aerated 7.4.5.2.2. Market size and forecast, by end user ............................................. 133
Concrete (AAC) 7.4.5.2.3. Market size and forecast, by application ........................................ 134
Market 7.4.5.3. India ....................................................................................................................................... 135
Global Opportunity 7.4.5.3.1. Market size and forecast, by product type .................................... 135
Forecast, 2020-2027
12
7.4.5.4. Rest of Asia-Pacific .......................................................................................................... 138
7.5. LAMEA ..................................................................................................................... 141

7.5.1. Key market trends, growth factors, and opportunities ......................................... 141
7.5.3. Market size and forecast, by end user ......................................................................... 142
7.5.5. Market size and forecast, by country ........................................................................... 144
7.5.5.1. Latin America ..................................................................................................................... 145
Autoclaved 7.5.5.1.1. Market size and forecast, by product type .................................... 145
Aerated 7.5.5.1.2. Market size and forecast, by end user ............................................. 146
Concrete (AAC) 7.5.5.1.3. Market size and forecast, by application ........................................ 147
Market 7.5.5.2. Middle East ......................................................................................................................... 148
Global Opportunity 7.5.5.2.1. Market size and forecast, by product type .................................... 148
Forecast, 2020-2027
13
7.5.5.3. Africa ..................................................................................................................................... 151
CHAPTER 8: COMPETITIVE LANDSCAPE .................................................................. 154

8.1. Introduction ............................................................................................................ 154
8.1.1. Market player positioning, 2019 .................................................................................... 155
CHAPTER 9: COMPANY PROFILES............................................................................. 156

9.1. AERCON AAC ........................................................................................................... 156
9.1.1. Company overview .............................................................................................................. 156
9.1.2. Key executives........................................................................................................................ 157

Autoclaved 9.1.3. Company snapshot .............................................................................................................. 157
Aerated 9.1.4. Product portfolio .................................................................................................................. 158
Concrete (AAC)
9.2. AKG GAZBETON ...................................................................................................... 159
Market
Global Opportunity
Analysis and Industry 9.2.2. Key executives........................................................................................................................ 160
Forecast, 2020-2027
9.2.3. Company snapshot .............................................................................................................. 160
14
9.2.4. Product portfolio .................................................................................................................. 161
9.3. BAUROC AS ............................................................................................................. 162

9.3.2. Key executives........................................................................................................................ 163
9.4. BALLARPUR INDUSTRIES LIMITED (BILTECH BUILDING ELEMENTS

LIMITED) .................................................................................................................. 165
9.4.2. Key executives........................................................................................................................ 166
Autoclaved 9.4.4. Operating business segments ......................................................................................... 167

Aerated 9.4.5. Product portfolio .................................................................................................................. 167
Concrete (AAC)
9.4.6. Business performance......................................................................................................... 168
Market
9.5. HIL LIMITED (BIRLA AEROCON) ............................................................................ 170
Global Opportunity 9.5.1. Company overview .............................................................................................................. 170
Forecast, 2020-2027 9.5.2. Key executives........................................................................................................................ 171
15
9.5.4. Operating business segments ......................................................................................... 172
9.5.6. R&D Expenditure .................................................................................................................. 173
9.6. CSR LTD. .................................................................................................................. 176

9.6.2. Key executives........................................................................................................................ 177

Autoclaved 9.6.6. Business performance......................................................................................................... 179
Aerated
9.7. FORTERRA PLC ........................................................................................................ 181
Concrete (AAC)
Market 9.7.1. Company overview .............................................................................................................. 181
9.7.2. Key executives........................................................................................................................ 182

Global Opportunity
Analysis and Industry 9.7.3. Company snapshot .............................................................................................................. 182
Forecast, 2020-2027
16
9.8. H+H INTERNATIONAL A/S .................................................................................... 186

9.8.2. Key executives........................................................................................................................ 187
9.8.7. Key strategic moves and developments ..................................................................... 191
9.9. JK LAXMI CEMENT LTD. ......................................................................................... 192

Autoclaved 9.9.1. Company overview .............................................................................................................. 192
Aerated
9.9.2. Key executives........................................................................................................................ 193
Concrete (AAC)
Market 9.9.3. Company snapshot .............................................................................................................. 193
9.9.4. Operating business segment ........................................................................................... 194

Global Opportunity
Analysis and Industry 9.9.5. Product portfolio .................................................................................................................. 194
Forecast, 2020-2027
9.9.6. R&D expenditure .................................................................................................................. 195
17
9.10. XELLA INTERNATIONAL GMBH ............................................................................. 197

9.10.2. Key executives........................................................................................................................ 198
9.10.6. Key strategic moves and developments ..................................................................... 201
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
18
LIST OF TABLES
TABLE 01. GLOBAL CONSTRUCTION MATERIALS INDUSTRY COMPARISON BY QUARTER (% CHANGE) ..............................63
TABLE 02. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019-
2027 ($MILLION) ..............................................................................................................................................................65
TABLE 03. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR BLOCKS, BY REGION, 2019–
2027($MILLION) ...............................................................................................................................................................67
TABLE 04. FIRE RESISTANCE OF AAC ELEMENTS ..........................................................................................................................69
TABLE 05. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR OTHERS, BY REGION, 2019–
2027($MILLION) ...............................................................................................................................................................70
TABLE 06. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019-2027
($MILLION).........................................................................................................................................................................74
TABLE 07. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR RESIDENTIAL, BY REGION, 2019–
2027($MILLION) ...............................................................................................................................................................76
TABLE 08. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR NON- RESIDENTIAL, BY REGION,
Autoclaved 2019–2027($MILLION)...................................................................................................................................................79
Aerated TABLE 09. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY APPLICATION, 2019-2027
($MILLION).........................................................................................................................................................................83
Concrete (AAC)
TABLE 10. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR WALLS, BY REGION, 2019–2027
Market ($MILLION).........................................................................................................................................................................85
TABLE 11. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR FLOORS & ROOFS, BY REGION,
Global Opportunity
Analysis and Industry 2019–2027($MILLION)...................................................................................................................................................88
Forecast, 2020-2027 TABLE 12. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR OTHERS, BY REGION, 2019–
2027($MILLION) ...............................................................................................................................................................91
19
TABLE 13. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY REGION, 2019–
2027$MILLION) ................................................................................................................................................................96
TABLE 14. NORTH AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE,
2019–2027($MILLION)...................................................................................................................................................97
TABLE 15. NORTH AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER,
2019–2027($MILLION)...................................................................................................................................................98
TABLE 16. NORTH AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION,
2019–2027($MILLION)...................................................................................................................................................98
TABLE 17. NORTH AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY COUNTRY,
2019–2027($MILLION)...................................................................................................................................................99
TABLE 18. U.S. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
2027($MILLION) ............................................................................................................................................................ 101
TABLE 19. U.S. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 101
TABLE 20. U.S. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
2027($MILLION) ............................................................................................................................................................ 102
Autoclaved TABLE 21. CANADA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
Aerated 2027($MILLION) ............................................................................................................................................................ 104
Concrete (AAC) TABLE 22. CANADA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
Market 2027($MILLION) ............................................................................................................................................................ 104
TABLE 23. CANADA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
Global Opportunity 2027($MILLION) ............................................................................................................................................................ 105
TABLE 24. MEXICO AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
Forecast, 2020-2027
2027($MILLION) ............................................................................................................................................................ 107
20
TABLE 25. MEXICO AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 107
TABLE 26. MEXICO AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
2027($MILLION) ............................................................................................................................................................ 108
TABLE 27. EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
2027($MILLION) ............................................................................................................................................................ 110
TABLE 28. EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 111
TABLE 29. EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
2027($MILLION) ............................................................................................................................................................ 111
TABLE 30. EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY COUNTRY, 2019–
2027($MILLION) ............................................................................................................................................................ 112
TABLE 31. GERMANY AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
2027($MILLION) ............................................................................................................................................................ 114
TABLE 32. GERMANY AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 114
Autoclaved TABLE 33. GERMANY AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
Aerated 2027($MILLION) ............................................................................................................................................................ 115
Concrete (AAC) TABLE 34. UK AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
Market 2027($MILLION) ............................................................................................................................................................ 117
TABLE 35. UK AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
TABLE 36. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
Forecast, 2020-2027
2027($MILLION) ............................................................................................................................................................ 118
21
TABLE 37. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
2027($MILLION) ............................................................................................................................................................ 120
TABLE 38. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 120
TABLE 39. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
2027($MILLION) ............................................................................................................................................................ 121
TABLE 40. REST OF EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE,
2019–2027($MILLION)................................................................................................................................................ 123
TABLE 41. REST OF EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER,
2019–2027($MILLION)................................................................................................................................................ 123
TABLE 42. REST OF EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION,
2019–2027($MILLION)................................................................................................................................................ 124
TABLE 43. ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE,
2019–2027($MILLION)................................................................................................................................................ 126
TABLE 44. ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 127
Autoclaved TABLE 45. ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION,
Aerated 2019–2027($MILLION)................................................................................................................................................ 127
Concrete (AAC) TABLE 46. ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY COUNTRY, 2019–
Market 2027($MILLION) ............................................................................................................................................................ 128
TABLE 47. CHINA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
TABLE 48. CHINA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
Forecast, 2020-2027
2027($MILLION) ............................................................................................................................................................ 130
22
TABLE 49. CHINA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
2027($MILLION) ............................................................................................................................................................ 131
TABLE 50. JAPAN AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
2027($MILLION) ............................................................................................................................................................ 133
TABLE 51. JAPAN AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 133
TABLE 52. JAPAN AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
2027($MILLION) ............................................................................................................................................................ 134
TABLE 53. INDIA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
2027($MILLION) ............................................................................................................................................................ 136
TABLE 54. INDIA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 136
TABLE 55. INDIA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
2027($MILLION) ............................................................................................................................................................ 137
TABLE 56. REST OF ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT
TYPE, 2019–2027($MILLION) ................................................................................................................................... 139
Autoclaved TABLE 57. REST OF ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER,
Aerated 2019–2027($MILLION)................................................................................................................................................ 139
Concrete (AAC) TABLE 58. REST OF ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY
Market APPLICATION, 2019–2027($MILLION) .................................................................................................................... 140
TABLE 59. LAMEA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
TABLE 60. LAMEA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
Forecast, 2020-2027
2027($MILLION) ............................................................................................................................................................ 143
23
TABLE 61. LAMEA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
2027($MILLION) ............................................................................................................................................................ 143
TABLE 62. LAMEA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY COUNTRY, 2019–
2027($MILLION) ............................................................................................................................................................ 144
TABLE 63. LATIN AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE,
2019–2027($MILLION)................................................................................................................................................ 146
TABLE 64. LATIN AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 146
TABLE 65. LATIN AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION,
2019–2027($MILLION)................................................................................................................................................ 147
TABLE 66. MIDDLE EAST AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE,
2019–2027($MILLION)................................................................................................................................................ 149
TABLE 67. MIDDLE EAST AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
2027($MILLION) ............................................................................................................................................................ 149
TABLE 68. MIDDLE EAST AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION,
2019–2027($MILLION)................................................................................................................................................ 150
Autoclaved TABLE 69. AFRICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019–
Aerated 2027($MILLION) ............................................................................................................................................................ 152
Concrete (AAC) TABLE 70. AFRICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019–
Market 2027($MILLION) ............................................................................................................................................................ 152
TABLE 71. AFRICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019–
TABLE 72. AERCON AAC: KEY EXECUTIVES .................................................................................................................................. 157
Forecast, 2020-2027
TABLE 73. AERCON AAC: COMPANY SNAPSHOT ........................................................................................................................ 157
24
TABLE 74. AERCON AAC: PRODUCT PORTFOLIO ......................................................................................................................... 158
TABLE 75. AKG GAZBETON: KEY EXECUTIVE ................................................................................................................................ 160
TABLE 76. AKG GAZBETON: COMPANY SNAPSHOT .................................................................................................................... 160
TABLE 77. AKG GAZBETON: PRODUCT PORTFOLIO .................................................................................................................... 161
TABLE 78. BAUROC: KEY EXECUTIVES .......................................................................................................................................... 163
TABLE 79. BAUROC: COMPANY SNAPSHOT ................................................................................................................................. 163
TABLE 80. BAUROC: PRODUCT PORTFOLIO ................................................................................................................................. 164
TABLE 81. BILT: KEY EXECUTIVES .................................................................................................................................................. 166
TABLE 82. BILTECH BUILDING ELEMENTS: COMPANY SNAPSHOT .......................................................................................... 166
TABLE 83. BILT: OPERATING SEGMENTS ...................................................................................................................................... 167
TABLE 84. BILTECH BUILDING ELEMENTS: PRODUCT PORTFOLIO........................................................................................... 167
TABLE 85. HIL: KEY EXECUTIVES .................................................................................................................................................... 171
TABLE 86. HIL: COMPANY SNAPSHOT .......................................................................................................................................... 171
Autoclaved TABLE 87. HIL: OPERATING SEGMENTS........................................................................................................................................ 172

Aerated TABLE 88. HIL: PRODUCT PORTFOLIO........................................................................................................................................... 172
Concrete (AAC) TABLE 89. CSR LTD.: KEY EXECUTIVES ......................................................................................................................................... 177
Market TABLE 90. CSR LTD.: COMPANY SNAPSHOT ................................................................................................................................ 177
TABLE 91. CSR LTD.: OPERATING SEGMENTS ............................................................................................................................. 178

Global Opportunity
Analysis and Industry TABLE 92. CSR LTD.: PRODUCT PORTFOLIO ................................................................................................................................ 178
Forecast, 2020-2027
TABLE 93. FORTERRA PLC: KEY EXECUTIVES .............................................................................................................................. 182
25
TABLE 94. FORTERRA PLC: COMPANY SNAPSHOT..................................................................................................................... 182
TABLE 95. FORTERRA PLC: OPERATING SEGMENTS .................................................................................................................. 183
TABLE 96. FORTERRA PLC: PRODUCT PORTFOLIO ..................................................................................................................... 183
TABLE 97. H+H INTERNATIONAL A/S: KEY EXECUTIVES ............................................................................................................ 187
TABLE 98. H+H INTERNATIONAL A/S: COMPANY SNAPSHOT .................................................................................................. 187
TABLE 99. H+H INTERNATIONAL A/S: OPERATING SEGMENTS................................................................................................ 188
TABLE 100. H+H INTERNATIONAL A/S: PRODUCT PORTFOLIO................................................................................................... 188
TABLE 101. JK LAXMI CEMENT: KEY EXECUTIVES ......................................................................................................................... 193
TABLE 102. JK LAXMI CEMENT: COMPANY SNAPSHOT ................................................................................................................ 193
TABLE 103. JK LAXMI CEMENT: OPERATING SEGMENT ............................................................................................................... 194
TABLE 104. JK LAXMI CEMENT: PRODUCT PORTFOLIO ................................................................................................................ 194
TABLE 105. XELLA: KEY EXECUTIVES .............................................................................................................................................. 198
TABLE 106. XELLA: COMPANY SNAPSHOT ..................................................................................................................................... 198
Autoclaved TABLE 107. XELLA: PRODUCT PORTFOLIO ..................................................................................................................................... 199

Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
26
LIST OF FIGURES
FIGURE 01. KEY MARKET SEGMENTS ................................................................................................................................................36
FIGURE 02. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET SNAPSHOT, BY SEGMENTATION ..........................42
FIGURE 03. TOP IMPACTING FACTORS ..............................................................................................................................................47
FIGURE 04. TOP INVESTMENT POCKETS............................................................................................................................................48
FIGURE 05. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS ......................................................................................49
FIGURE 06. LOW-TO-MODERATE BARGAINING POWER OF BUYERS ............................................................................................50
FIGURE 07. MODERATE-TO-HIGH THREAT OF SUBSTITUTES ..........................................................................................................51
FIGURE 08. LOW-TO-MODERATE THREAT OF NEW ENTRANTS ......................................................................................................52
FIGURE 09. MODERATE TO HIGH INTENSITY OF RIVALRY ..............................................................................................................53
FIGURE 10. MARKET SHARE ANALYSIS .............................................................................................................................................54
FIGURE 11. CONSUMPTION OF RAW MATERIAL AND ENERGY FOR MANUFACTURING OF AAC MASONRY UNITS,
POROUS CLAY MASONRY UNITS, CALCIUM SILICATE MASONRY UNITS, AND CLAY BRICKS ..............................59
Autoclaved
FIGURE 12. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY PRODUCT TYPE, 2019–2027 ........................64
Aerated
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR
Concrete (AAC) BLOCKS, BY COUNTRY, 2019 & 2027 (%) ..................................................................................................................68
Market FIGURE 14. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR
OTHERS, BY COUNTRY, 2019 & 2027 (%) ..................................................................................................................71
Global Opportunity
Analysis and Industry FIGURE 15. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY END USER, 2019–2027 .................................73
Forecast, 2020-2027 FIGURE 16. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR
RESIDENTIAL, BY COUNTRY, 2019 & 2027 (%) .........................................................................................................77
27
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR NON-
RESIDENTIAL, BY COUNTRY, 2019 & 2027 (%) ..........................................................................................................80
FIGURE 18. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY APPLICATION, 2019-2027 .............................82
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE
FOR WALLS, BY COUNTRY, 2019 & 2027 (%) .............................................................................................................86
FLOORS & ROOFS, BY COUNTRY, 2019 & 2027 (%) ..................................................................................................89
OTHERS, BY COUNTRY, 2019 & 2027 (%) ..................................................................................................................92
FIGURE 22. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY REGION, 2019–2027 .....................................95
FIGURE 23. U.S. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) .......................... 100
FIGURE 24. CANADA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) .................. 103
FIGURE 25. MEXICO AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) ................... 106
FIGURE 26. GERMANY AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) ............... 113
FIGURE 27. UK AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) ............................ 116
Autoclaved
Aerated FIGURE 28. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) .................. 119
Concrete (AAC) FIGURE 29. REST OF EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–
2027($MILLION) ............................................................................................................................................................ 122
Market
FIGURE 30. CHINA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION)...................... 129
Global Opportunity FIGURE 31. JAPAN AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) ..................... 132
FIGURE 32. INDIA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) ....................... 135
Forecast, 2020-2027
28
FIGURE 33. REST OF ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–
2027($MILLION) ............................................................................................................................................................ 138
FIGURE 34. LATIN AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–
2027($MILLION) ............................................................................................................................................................ 145
FIGURE 35. MIDDLE EAST AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) ......... 148
FIGURE 36. AFRICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019–2027($MILLION) .................... 151
FIGURE 37. MARKET PLAYER POSITIONING, 2019 ...................................................................................................................... 155
FIGURE 38. BILT: REVENUE, 2017–2019 ($MILLION) .................................................................................................................. 168
FIGURE 39. BILT: REVENUE SHARE BY SEGMENT, 2020 (%) ...................................................................................................... 169
FIGURE 40. BILT: REVENUE SHARE BY REGION, 2020 (%) .......................................................................................................... 169
FIGURE 41. HIL: R&D EXPENDITURE, 2018–2020 ($MILLION) .................................................................................................. 173
FIGURE 42. HIL: REVENUE, 2017–2019 ($MILLION) .................................................................................................................... 174
FIGURE 43. HIL: REVENUE SHARE BY SEGMENT, 2020 (%) ........................................................................................................ 175
FIGURE 44. HIL: REVENUE SHARE BY REGION, 2020 (%) ............................................................................................................ 175
Autoclaved FIGURE 45. CSR LTD.: NET SALES, 2018–2020 ($MILLION)....................................................................................................... 179
Aerated FIGURE 46. CSR LTD.: REVENUE SHARE BY SEGMENT, 2019 (%) .............................................................................................. 180
Concrete (AAC)
FIGURE 47. CSR LTD.: REVENUE SHARE BY REGION, 2019 (%) ................................................................................................. 180
Market
FIGURE 48. FORTERRA PLC: REVENUE, 2017–2019 ($MILLION) .............................................................................................. 184
Global Opportunity FIGURE 49. FORTERRA PLC: REVENUE SHARE BY SEGMENT 2019 (%).................................................................................... 185
FIGURE 50. H+H INTERNATIONAL A/S: REVENUE, 2018–2020 ($MILLION) ............................................................................ 189
Forecast, 2020-2027
FIGURE 51. H+H INTERNATIONAL A/S: REVENUE SHARE BY SEGMENT 2020 (%) ................................................................. 190
29
FIGURE 52. H+H INTERNATIONAL A/S: REVENUE SHARE BY REGION, 2020 (%) .................................................................... 190
FIGURE 53. JK LAXMI CEMENT: R&D EXPENDITURE, 2018–2020 ($MILLION) ....................................................................... 195
FIGURE 54. JK LAXMI CEMENT: REVENUE, 2018–2020 ($MILLION) ......................................................................................... 196
FIGURE 55. XELLA: REVENUE, 2017–2019 ($MILLION) .............................................................................................................. 200
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
30
CHAPTER 1: INTRODUCTION
1.1. Report description
The autoclaved aerated concrete (AAC) market size is expected to reach $25,816.6 million in 2027, from
$17,142.9 million in 2019, growing at a CAGR of 7.5% from 2020 to 2027. Autoclaved aerated concrete (AAC)
is a light-weight construction material which has 1/6th to 1/3rd weight of conventional concrete. It is also
known as aircrete, foam concrete, autoclaved cellular concrete, autoclaved light-weight concrete, or porous
concrete. AAC is manufactured using fine aggregate or fly-ash, cement, and an expansion agent, generally
aluminum powder. This type of concrete mainly constitutes of around 80% air induced by the expansion agent
to reduce the density and overall weight of the product. Further, AAC is available in form of building
components such as blocks, panels, lintels, and others. These can be used for wall construction, floors & roofs,
cladding, partition panels, and others.
The reduction in cost of construction attained by the use of AAC is a major factor that boosts the growth of
the autoclaved aerated concrete (AAC) market. The production of AAC is conducted in factories under
Autoclaved
controlled environments which offers exceptional dimensional accuracy and smooth finish. This significantly
Aerated
reduces the expenses incurred on thick plastering. In addition, AAC blocks have larger sizes than conventional
Concrete (AAC)
bricks, which reduces the number of joints in wall construction. This in turn reduces the mortar requirements
Market
thereby cutting major costs on cement and sand. Such factors assist in reducing construction costs which
Global Opportunity boost the growth of autoclaved aerated concrete (AAC) market. Furthermore, AAC offers advantages such as
Analysis and Industry high fire resistance, light weight, and high thermal insulation. The autoclaving process while production of
Forecast, 2020-2027
AAC components reduces the water content in the block or panel.
31
This reduces the growth of organic matter such as algae or fungi. The non-combustible materials included in
manufacturing of AAC also enhances its fire resistance. This is likely to drive the growth of global autoclaved
aerated concrete (AAC) industry significantly.
However, the lack of awareness and high availability of substitutes for AAC is likely is hindering the growth of
autoclaved aerated concrete (AAC) market. The dependence on traditional walling materials such as fire-burnt
clay bricks, and others is still high in developing nations. In addition, the easy availability of timber in North
America is restraining the growth of AAC in the region.
On the contrary, rising focus towards resilient construction material against the environmental factors such as
floods, forest fires, hurricanes, and others is anticipated to boost the growth of autoclaved aerated concrete
(AAC) market during the forecast period.
The global autoclaved aerated concrete (AAC) market is segmented on the basis of product type, end user,
application, and region. Depending on product type, the market is classified into blocks, others. According to
end user, it is categorized into residential and non-residential. On the basis of application, it is classified into
Autoclaved
walls, floors & roofs, and others.
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
32
The global autoclaved aerated concrete (AAC) market is analyzed across North America (the U.S., Canada, and
Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of
Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the
largest market share throughout the study period, however, LAMEA is expected to grow at the fastest rate.
Key companies profiled in the report include Aercon AAC, AKG Gazbeton, Bauroc AS, Ballarpur Industries
Limited (BILT), HIL Limited, CSR Ltd., Forterra plc, H+H International A/S, JK Laxmi Cement Ltd., and Xella
International GmbH.
1.2. Key benefits for stakeholders

 This report entails a detailed quantitative analysis of the current market trends from 2020 to 2027 to
identify the prevailing opportunities.
 Autoclaved aerated concrete (AAC) market size and market estimations are based on comprehensive
analysis of the key developments in the industry.
 In-depth analysis based on region assists to understand the regional market and the strategic business
Autoclaved planning.
Aerated  The development strategies adopted by key manufacturers are enlisted to understand the competitive
Concrete (AAC) scenario of the market.
Market
Global Opportunity
Forecast, 2020-2027
33
1.3. Key market segments
By Product Type
 Blocks
 Others
By End User
 Residential
 Non-residential
By Application
 Walls
 Floors & Roofs
 Others
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
34
By Region
 North America  Asia-Pacific
o U.S. o China
o Canada o Japan
o Mexico o India
 Europe o Rest of Asia-Pacific
o Germany  LAMEA
o UK o Latin America
o France o Middle East
o Rest of Europe o Africa
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
35
FIGURE 01. KEY MARKET SEGMENTS
 Blocks
 Others
By By
Product Application
 Residential Type
 Non-residential  Walls
 Floors & Roofs
By By  Others
End User Region

Autoclaved
 North America
Aerated
Concrete (AAC)  Europe
Market  Asia-Pacific
 LAMEA
Global Opportunity
Analysis and Industry Source: AMR Analysis
Forecast, 2020-2027
36
1.4. Research methodology
With collective industry experience of about 100 years of its analysts and experts, Allied Market Research
(AMR) encompasses the most infallible research methodology for its market intelligence and industry analysis.
Not only does the company dig deep into the innermost levels of the market, but also examines the minutest
details for its market estimates and forecasts.
This approach helps build a greater market-specific view for size, shape, and industry trends within each
industry segment. Various industry trends and real-time developments are factored into identify key growth
factors and the future course of the market. The research proceeds are the results of high-quality data, expert
views & analysis, and valuable independent opinions. The research process is designed to deliver a balanced
view of the global markets and allows stakeholders to make informed decisions, to attain their highest growth
objectives.
AMR offers its clients exhaustive research and analysis, based on a wide variety of factual inputs, which largely
include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry
Autoclaved experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a
Aerated particular industry segment. These analytical tools and models distill the data & statistics and enhance the
Concrete (AAC) accuracy of our recommendations and advice.
Market
Global Opportunity
Forecast, 2020-2027
37
With AMR’s calibrated research process and 360° data-evaluation methodology, the clients receive:
 Consistent, valuable, robust, and actionable data & analysis that can easily be referenced for strategic
business planning
 Technologically sophisticated and reliable insights through a well-audited and veracious research
methodology
 Sovereign research proceeds that present a tangible depiction of the marketplace
With this strong methodology, AMR ensures that its research and analysis is most reliable and guarantees
sound business planning.
The research methodology of the global market involves extensive primary and secondary research. Primary
research includes about 12 hours of interviews and discussions with a wide range of stakeholders that include
upstream and downstream participants. Primary research typically is a bulk of our research efforts, coherently
supported by extensive secondary research. Over 2,765 product literatures, industry releases, annual reports,
Autoclaved
and other such documents of key industry participants have been reviewed to obtain a better market
Aerated
understanding and gain an enhanced competitive intelligence. In addition, authentic industry journals, trade
Concrete (AAC)
as Defense tactical radiations’ releases, and government websites have also been reviewed to generate high
Market
value industry insights.
Global Opportunity
Forecast, 2020-2027
38
1.4.1. Primary research
Primary research efforts include reaching out to participants through emails, telephonic-conversations,
referrals, professional networks, and formal interactions. AMR also maintains professional corporate relations
with various companies that make way for greater flexibility in reaching out to industry participants and
commentators for interviews and discussions. The aforementioned helps to:
 Validate and improve data quality and strengthen the research proceeds
 Develop a market understanding and expertise
 Supply authentic information about the market size, share, growth, and forecasts
The primary research interview and discussion panels comprise experienced industry personnel. These
participants include, but are not limited to:
 Chief executives and VPs of leading corporations specific to an industry

Autoclaved  Product and sales managers or country heads; channel partners & top-level distributors; banking,
Aerated investments, and valuation experts
Concrete (AAC)  Key opinion leaders (KOLs)
Market
Global Opportunity
Forecast, 2020-2027
39
1.4.2. Secondary research
A broad array of industry sources for the secondary research typically includes, but is not limited to:
 Company SEC filings, annual reports, company websites, broker & financial reports, and investor
presentations for a competitive scenario and shape of the industry
 Patent and regulatory databases to understand technical & legal developments
 Scientific and technical writings for product information and related preemptions
 Regional government and statistical databases for macro analysis
 Authentic news articles, web-casts, and other related releases to evaluate the market
 Internal and external proprietary databases, key market indicators, and relevant press releases for
market estimates and forecasts
1.4.3. Analyst tools and models

AMR has developed a set of analyst tools and data models to supplement and expedite the analysis process
Autoclaved
corresponding to markets where there is a significant lack of information and estimates. These models help
Aerated
interpret qualitative and quantitative industry indicators to obtain industry estimates. These models examine
Concrete (AAC)
the prospects and opportunities that are predominant in the market.
Market
Global Opportunity
Forecast, 2020-2027
40
CHAPTER 2: EXECUTIVE SUMMARY
The global autoclaved aerated concrete (AAC) market was valued at $17,142.9 million in 2019, and is
projected to reach $26,964.5 million by 2027, registering a CAGR of 7.2% from 2020 to 2027. Autoclaved
aerated concrete is also known as autoclaved light-weight concrete, aircrete, foam concrete, autoclaved
cellular concrete, or porous concrete and is a light-weight alternative for the construction of walls and other
non-load bearing members. AAC is generally available as panels, blocks, and others, which can be used for
wall cladding, flooring, roofing, partition walls, and others. This type of concrete mainly constitutes of around
80% air induced by the expansion agent to reduce the density and overall weight of the product.
Europe and Asia-Pacific are the highest contributors in the autoclaved aerated concrete (AAC) market.
Countries such as China, Germany, Poland, and the UK hold majority of the global share in production and
consumption of AAC, owing to the demand for light weight and high thermal insulation properties of AAC.
However, rise in awareness against traditional clay bricks mainly in developing nations such as India,
Bangladesh, Mexico, and others is likely to boost the growth of the autoclaved aerated concrete (AAC) market
Autoclaved
in these countries. Furthermore, the easy availability of wood in low costs mainly in the U.S. and Canada has
Aerated hindered the demand for AAC in these countries.
Concrete (AAC)
Market According to product type, the blocks segment was the leading contributor in the autoclaved aerated
concrete (AAC) market, due to ease of manufacturing of AAC blocks. In the UK alone, around 25.4-million-
Global Opportunity meter square of aerated blocks were consumed during 2019 whereas the total production reached
Forecast, 2020-2027 approximately 27.9-million-meter square during the same period.
41
The outbreak of COVID-19 pandemic has negatively affected the autoclaved aerated concrete (AAC) market
due to halt in international trade, prolonged lockdown, and ceased manufacturing processes. In addition, the
major end-user companies in China, Germany, and the UK are facing financial impacts due to halted
production and interrupted supply chains, which is expected to hinder the growth of the autoclaved aerated
concrete (AAC) market during 2020.
FIGURE 02. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET SNAPSHOT, BY SEGMENTATION
REVENUE-2019 FORECAST-2027 CAGR%

SEGMENT SUBSEGMENT
($Million) ($Million) (2020-2027)
Blocks 11,673.3 17,980.8 6.9%
Product Type
Others 5,469.6 8,983.7 7.7%
Walls 9,491.0 14,653.4 6.9%
Application Floors & Roofs 4,223.8 6,703.3 7.3%
Others 3,428.1 5,607.9 7.7%
Residential 10,491.7 16,260.0 7.0%

Autoclaved End User
Non-residential 6,651.2 10,704.5 7.5%
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
42
REVENUE-2019 FORECAST-2027 CAGR
REGION COUNTRY
($Million) ($Million) (2019-2027)
U.S. 612.0 1,090.0 8.8%
North America Canada 320.3 531.6 7.9%
Mexico 1,107.7 1,722.0 7.0%
Germany 504.0 850.0 8.1%
UK 461.8 796.4 8.4%

Europe
France 624.0 1,003.2 7.4%
Rest of Europe 3,210.2 5,008.3 7.0%
China 6,453.2 9,351.3 6.1%
Japan 524.0 825.1 7.2%

Asia-Pacific
India 740.8 1,347.7 9.1%
Rest of Asia-Pacific 1,316.3 2,227.8 8.1%
Latin America 570.9 1,028.2 9.0%
LAMEA Middle East 380.6 632.4 7.9%
Autoclaved Africa 317.1 550.6 8.5%
Aerated Source: AMR Analysis
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
43
2.1. Key findings of the study
 Based on product type, the blocks segment accounted for maximum share of the IoT in construction
industry in 2019.
 The others segment is anticipated to grow with the highest CAGR throughout the forecast period.
 By end user, the residential segment generated the highest revenues during 2019 in the autoclaved
aerated concrete (AAC) market.
 Based on region, Asia-Pacific accounted for largest share of the global Autoclaved aerated concrete
(AAC) market share in 2019.
2.2. CXO perspective

According to the insights of the CXOs of leading companies, the global Autoclaved aerated concrete (AAC)
market has a significant scope in Asia-Pacific. China is the largest shareholder of the autoclaved aerated
concrete (AAC) industry, owing to the high demand for construction material in the country. In addition, the
Autoclaved recognition toward energy conservation and quality maintenance in construction. According to the China
Aerated Aerated Concrete Association, the building materials industry in China is swiftly developing, owing to the
Concrete (AAC) policies and supervision offered by the government. In 2018, 80 new manufacturing facilities for AAC were
Market opened which can boost the production capabilities by 20 million cubic meters during the near future.
Global Opportunity
Forecast, 2020-2027
44
Moreover, the market is likely to expect positive upturn during the forecast period, due to necessity of
resilient construction material for the buildings to sustain the rising environmental problems such as floods,
forest fires, hurricanes, and others.
Many competitors in the autoclaved aerated concrete (AAC) market have adopted agreement as their key
developmental strategy to strengthen their foothold and upgrade their product technologies. For instance, in
September 2020, Aircrete Europe based in the Netherlands and the India based Apollo Inffratech Pvt. Ltd.
entered into an agreement. Under the agreement, Apollo will represent AAC machinery and technological
solutions provided by Aircrete for enhancing the AAC industry in India. This is with respect to the growing
demand for prefabricated and environment friendly structures. Moreover, in October 2020, the leading AAC
manufacturer Xella International GmbH based in Germany announced that it utilizes up to 15% of recycled
AAC powder for production of new products. It is also testing an alternative product named as Ytong Silent+
in which significant portion of fine aggregate is likely to be replaced by AAC powder.
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
45
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
Autoclaved aerated concrete (AAC), also known as aircrete, foam concrete, autoclaved cellular concrete,
autoclaved light-weight concrete, or porous concrete, is a light-weight construction material, which weighs
around 1/6th to 1/3rd of conventional concrete.
The report on the global autoclaved aerated concrete (AAC) market presents a detailed analysis of the trends,
future estimations, and thorough study of the market, depending on product type, application, end user, and
region. The product type covered in the study include blocks and others. The report further provides
information on end user, which include residential and non-residential. Moreover, it provides details about
applications related to AAC, including walls, floors & roofs, and others.
The report highlights the revenue generated by sewing machines across North America, Europe, Asia-Pacific,
and LAMEA to understand their regional trends. Furthermore, it focuses on drivers, restraints, opportunities,
Autoclaved and growth strategies adopted by key players to understand the dynamics and potential of the market. The
Aerated study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors,
Concrete (AAC) new entrants, substitutes, and buyers on the market growth.
Market
Global Opportunity
Forecast, 2020-2027
46
3.2. Key findings
3.2.1. Top impacting factors
Some of the significant factors impacting the global autoclaved aerated concrete (AAC) market include
advantageous characteristics of AAC such as fire resistance, thermal insulation, and light weight, reduction in
overall construction costs, better environmental efficiency compared to traditional bricks, high dependence on
substitutional products, necessity of reinforcement for load bearing applications, and necessity of resilient
construction.
FIGURE 03. TOP IMPACTING FACTORS

Advantageous characteristics of AAC such
as fire resistance, thermal insulation, and
light weight
Necessity of resilient construction Reduction in overall construction costs
Autoclaved
Aerated
Necessity of reinforcement for load Better environmental efficiency
Concrete (AAC) bearing applications. compared to traditional bricks
Market
High dependence on substitutional
Global Opportunity products
Analysis and Industry 2019 2027
Forecast, 2020-2027 Source: Source: Primary & Secondary Research and AMR Analysis
47
3.2.2. Top investment pockets
The following graph represents the growth potential of the autoclaved aerated concrete (AAC) market
through different countries, namely, India, Latin America, Germany, and Canada. India serves as the top
investment pocket for the manufacturers to invest in the coming years, owing to high requirement for low-
cost building materials for low-cost housing applications.
The graph below depicts the top investment pockets with respect to the growth rate and market
attractiveness.
FIGURE 04. TOP INVESTMENT POCKETS
Latin America India

High
Market Growth
Autoclaved
Germany
Aerated This is the top investment pocket, owing to
Canada high demanad for affordable building
Concrete (AAC) materials for low-cost housing.
Market
Low
Global Opportunity
Analysis and Industry High
Low Market Attractiveness
Forecast, 2020-2027
Source: Source: Primary & Secondary Research and AMR Analysis
48
3.3. Porter's five forces analysis
The degree of industry attractiveness in the autoclaved aerated concrete (AAC) market is analyzed on the
basis of the Porter’s five forces analysis, which includes the impact of suppliers, industry rivals, new entrants,
substitute products, and buyers on the market growth.
FIGURE 05. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
Determinant
Determinant Determinant Impact on Market
Strength
LOW MODERATE HIGH
Number of Suppliers Moderate
Product Differentiation Moderate
Switching Costs Low
Autoclaved Product Quality High

Aerated
Forward Integration High
Concrete (AAC)
Market Source: AMR Analysis
Global Opportunity
Forecast, 2020-2027
49
FIGURE 06. LOW-TO-MODERATE BARGAINING POWER OF BUYERS
Determinant
Strength
LOW MODERATE HIGH
Number of Buyers High
Purchase Quantity High
Switching Costs Low
Product Dependency Low
Backward Integration Low
Source: AMR Analysis
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
50
FIGURE 07. MODERATE-TO-HIGH THREAT OF SUBSTITUTES
Determinant
Strength
LOW MODERATE HIGH
Product Differentiation Moderate
Price War High
Ease of Substitution High
Brand Loyalty Moderate
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
51
FIGURE 08. LOW-TO-MODERATE THREAT OF NEW ENTRANTS
Determinant
Strength
LOW MODERATE HIGH
Investment Cost Moderate
Legal Barriers Low
Government Policies High
Demand Potential High
Brand Loyalty Low
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
52
FIGURE 09. MODERATE TO HIGH INTENSITY OF RIVALRY
Determinant
Strength
LOW MODERATE HIGH
Number of Players High
Economic Base Moderate
Strategies Moderate
Innovation High
Growth Rate High
Supply-Demand Gap Moderate
Autoclaved Exit Barriers Low

Aerated
Concrete (AAC) Source: AMR Analysis
Market
Global Opportunity
Forecast, 2020-2027
53
3.4. Market share analysis
FIGURE 10. MARKET SHARE ANALYSIS
1.8%
0.1% Xella
0.3%
6.3% 0.1% H+H International A/S
0.2%
0.2% Aercon AAC
CK Birla Group (HIL)
JK Laxmi Cement
Forterra plc
91.0% AKG Gazbeton
Others
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
54
3.5. Market dynamics
 Advantageous characteristics of AAC such as fire resistance,
D
thermal insulation, and light weight
 Reduction in overall construction costs
 Better environmental efficiency compared to traditional bricks
Drivers
 High dependence on substitutional products

 Necessity of reinforcement for load bearing applications
R
Restraint
Autoclaved
Aerated
Concrete (AAC)
Market
O
Opportunity
Necessity of resilient construction
Global Opportunity
Forecast, 2020-2027
55
3.5.1. Drivers
3.5.1.1. Advantageous characteristics of AAC such as fire resistance, thermal insulation, and light weight
Autoclaved aerated concrete (AAC) is composed of flyash or fine aggregate along with mixture of cement,
lime, and gypsum. Thus, AAC has pure mineral composition and is classified as non-combustible building
material. It is highly heat-resistant and fire resistant up to 1,200 degree Celsius. According to the European
Autoclaved Aerated Concrete Association (EAACA), AAC fire wall with 150 mm thickness can resist fire for
minimum of six hours, in addition, in case of real blaze AAC fire wall has withstood fire for 120 hours. Further,
AAC products do not generate toxic smoke or gases, which are harmful in case of fire hazards.
Furthermore, AAC consists of 80% air by volume which makes it light in weight and also improves the
insulation properties of the component. Thermal protection in buildings influence the utilization of energy
required for cooling and heating of the room. Thus, use of thermal insulation reduces the necessity of artificial
heating and cooling systems during cold and hot weather conditions. External walls constructed using AAC
blocks, with 8-inch thickness, exhibits the same thermal insulation performance during an average summer
Autoclaved day like either fiber glass batt insulated wood stud wall or an 8-inch-thick cement masonry unit block wall
Aerated with rigid insulation.
Concrete (AAC)
Thus, the characteristics of AAC such as thermal insulation, light weight, and fire resistance are anticipated to
Market
boost the demand for AAC in building construction, which in turn drives the growth of the autoclaved aerated
Global Opportunity concrete (AAC) market.

Forecast, 2020-2027
56
3.5.1.2. Reduction in overall construction costs
Autoclaved aerated concrete (AAC) is highly cost-effective when compared to the traditional walling materials
such as clay bricks. The cost of mortar majorly influences the reduction in cost of construction of walls. AAC
blocks are generally available in larger sizes, for instance, the company Brikolite based in India, offers AAC
blocks which are 7 times the size of conventional bricks. This results in reduction in number of joints, which in
turn can save the necessity of mortar and conserve 60% costs incurred on mortar joints. In addition, AAC
components are manufactured in factories using steel molds. This ensures dimensional accuracy and smooth
surface finish of the AAC component, which reduces the necessity of thick coats of plaster and can be
replaced by 6 mm plastering by gypsum or putty. This reduction in requirement of plastering material further
saves 35% of costs incurred on wall plastering which further shrinks the total construction costs by 2%
considering the whole building.
Moreover, the wastage costs incurred on AAC blocks is also less compared to conventional clay bricks.
Breakages and wastage in bricks is generally considered to be 10% to 15% whereas, in case of AAC blocks,
Autoclaved this breakage is less than 5%. This indicates further reduction in costs required on construction. Thus, the use
of AAC components reduces the overall construction costs, which drives the growth of the autoclaved aerated
Aerated
concrete (AAC) market.
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
57
3.5.1.3. Better environmental efficiency compared to traditional bricks
AAC is highly energy efficient over its entire life cycle from its production to construction process. According
to the European Autoclaved Aerated Concrete Association (EAACA), AAC masonry unit manufacturing requires
approximately 400 kg/m3 of raw material and approximately 100 kWh/m3 of energy. Whereas, during the
production of clay bricks, around 1,500 kg/m3 of raw material and approximately 950 kWh/m3 energy is
consumed. This clearly indicates the difference between raw material and energy consumption of clay bricks
and AAC blocks. Moreover, the light weight of AAC products also saves the energy used on transportation
activities. In addition, AAC is highly recyclable. Various companies including, H+H International, Xella
International, and others continuously experiment on increasing the volume of recycled AAC blocks in the
production of new components. Therefore, AAC is highly environmentally efficient when compared to
traditional bricks, which in turn drives the growth of the autoclaved aerated concrete (AAC) market.
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
58
FIGURE 11. CONSUMPTION OF RAW MATERIAL AND ENERGY FOR MANUFACTURING OF AAC MASONRY UNITS, POROUS
CLAY MASONRY UNITS, CALCIUM SILICATE MASONRY UNITS, AND CLAY BRICKS
1,600.0
1,400.0
1,200.0
1,000.0
800.0
600.0
400.0
200.0
-
AAC Masonry Units Calcium Silicate Masonry Porous Clay Masonry Units Clay Bricks
Units
Consumption of raw materials in kg/m3 Consumption of energy in kWh/m3

Source: European Autoclaved Aerated Concrete Association (EAACA)
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
59
3.5.2. Restraint
3.5.2.1. High dependence on substitutional products
Even though AAC has various advantages over traditional bricks, the lack of awareness within the consumers
is hindering the growth of AAC. Traditionally used walling and building materials such as clay bricks, wooden
panels, and others have been in the construction industry for a long time. This has also promoted the
development of low-cost manufacturing technologies for the production of clay bricks and wooden panels.
Thus, more capital is required for setting up of a AAC plant as compared to the previous products. In addition,
the high availability of cheap timber for building construction especially in the U.S. and Canada fuel the
market growth. However, both these North American countries have a well-established construction industry
and the unpopularity of AAC and concrete construction has restrained the growth of AAC market in this
region. Such factors restrained the growth of autoclaved aerated concrete (AAC) market.
3.5.2.2. Necessity of reinforcement for load bearing applications

AAC components are very light in weight owing to the high air content in the concrete. Air comprises of
Autoclaved nearly 80% of the total volume which reduces the total density of the component. However, this also reduces
Aerated the load bearing capacity of the AAC component, due to which it cannot be used for load bearing
Concrete (AAC) applications such as load bearing walls, foundations, beams or columns, and others. In addition, AAC
Market components such as wall panels, roof panels, floor panels, lintels, and others need reinforcement using rebars
to improve their load bearing capacity, which further increases the weight and cost of the component. This
Global Opportunity
factor is anticipated to restrain the growth of the autoclaved aerated concrete (AAC) market.
Forecast, 2020-2027
60
3.5.3. Opportunity
3.5.3.1. Necessity of resilient construction
Contractor and consumers are realizing the importance of AAC with rise in demand for resilient construction
against the frequent occurrence of natural calamities. The global warming has led to rise in occurrences of
extreme floods, wildfires, heavy rains, and others. According to the Insurance Information Institute, Inc., in
December 2020, the cases of wildfires in the U.S. were 57,000 compared to 50,477 in 2019. This affected more
than 10.3 million acres of land in 2020. The fire and heat resisting property of AAC components can offer
efficient protection against the effects of wildfires. Further, AAC absorbs less moisture than its clay
counterparts and with recommended surface treatments, it will dry out without causing much structural
damage, which makes it suitable for applications in flood prone areas. These factors are anticipated to
increase the demand for AAC during the forecast period, which is anticipated to create opportunities for the
growth of the autoclaved aerated concrete (AAC) market.
3.6. COVID-19 impact analysis

Autoclaved The severe acute respiratory syndrome coronavirus (SARS), also known as the coronavirus disease 2019
Aerated (COVID-19) pandemic which originated from Wuhan city in China, has caused a turmoil globally. The virus has
Concrete (AAC) infected around 40.7 million people as of September 2020 and claimed 1.1 million lives during the time. This
Market has caused major disruption in the functioning of nations due to the imposition of sudden lockdowns, halt in
international trade & transportation, unavailability of vaccines, and others.
Global Opportunity
Forecast, 2020-2027
61
As a result, nearly all the industries have experienced unavoidable challenges, owing to the widespread of
COVID-19. The construction and related industries are severely impacted by the COVID-19 situation, as it is
one of the most labor consuming industry and most construction activities are conducted on-sites. This has
reduced the demand for construction materials, thereby, hindering the growth of the market.
Moreover, the large countries, such as the U.S., import around 30% building materials from China and further
20% from Mexico and Canada, according to the data published by Consigli Construction Co., Inc., a U.S.-based
construction firm. Such high dependency on limited countries bolstered the impact of COVID-19 due to
supply chain disruptions. The slowed construction industry has resulted in reduced demand for materials such
as cement, timber, aggregates, and other concrete-based products. For instance, the Europe-based cement
manufacturer, Heidelberg Cement, witnessed decline in Europe sales volume by 14.5% and the sales revenue
reduced by 10.9% year on year during the first half of 2020. Similarly, in Asia-Pacific, Heidelberg Cement’s
sales volume shrunk by 12%. Cemex Corporation, based in the U.S., witnessed net sales decline by 10% year
on year in Mexico and overall drop of 30% year-on-year sales in South, Caribbean, and Central America.
However, although the decrease in sales was observed during the first half of the year, the cement demand
Autoclaved
was recovering during May-June 2020. The demand also remained strong in Africa.
Aerated
Concrete (AAC) The construction materials industry is predicted to witness a decline by 10.9% from 2019 to 2020. However,
Market the market is likely to recover slowly from the first quarter of 2021, owing to the reduced lockdown
restrictions and restarting of industrial enterprises and international trade. This decline has largely reflected on
Global Opportunity
the growth of the autoclaved aerated concrete (AAC) market as well.
Forecast, 2020-2027
62
TABLE 01. GLOBAL CONSTRUCTION MATERIALS INDUSTRY COMPARISON BY QUARTER (% CHANGE)
QI 2020/2019 Q2 2020/2019 Q3 2020/2019
Construction Material -3.3% -12.5% -13.5%
Considering the demand side, the residential construction sector is one of the major consumers of AAC. Thus,
the demand for new products has also been affected significantly, owing to the disruptions in the residential
construction sector due to the pandemic. According to the company Roland Berger B.V., the building
construction sector in southern Europe is expected to contract by 60% to 70%. Countries such as France,
Germany, the UK, and others were highly affected by the COVID-19 pandemic. The France-based construction
company, Vinci S.A., witnessed a decline by 27% in France and 6% internationally during the first half of 2020.
Further, the beginning of the second wave of COVID-19 has resulted in long-term lockdowns in various
European countries, which is estimated to continue during November 2020 and further in December 2020.
Such factors have influenced the demand and supply of autoclaved aerated concrete (AAC) during 2020.
Autoclaved However, in 2021 with the availability of vaccine against COVID-19, the AAC market is expected to grow
Aerated gradually.
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
63
CHAPTER 4: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY PRODUCT TYPE
4.1. Overview
Depending on product type, the global autoclaved aerated concrete (AAC) market is characterized into blocks
and others.
FIGURE 12. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY PRODUCT TYPE, 2019 2027
31.9% 32.1% 32.3% 32.4% 32.6% 32.8% 33.0% 33.1% 33.3%
68.1% 67.9% 67.7% 67.6% 67.4% 67.2% 67.0% 66.9% 66.7%
Autoclaved
Aerated 2019 2020 2021 2022 2023 2024 2025 2026 2027
Concrete (AAC) Blocks Others
Global Opportunity
Forecast, 2020-2027
64
4.1.1. Market size and forecast, by product type
projected to reach $26,964.5 million by 2027, registering a CAGR of 7.2% from 2020 to 2027. The blocks
segment was the highest contributor to the market, with $11,673.3 million in 2019, and is estimated to reach
$17,980.8 million by 2027, at a CAGR of 6.9% during the forecast period.
TABLE 02. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019-2027 ($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2019–2026
Blocks 11,673.3 11,293.7 12,109.2 12,969.5 13,875.6 14,828.8 15,830.1 16,880.5 17,980.8 6.9%
Others 5,469.6 5,334.8 5,766.5 6,226.1 6,714.8 7,233.9 7,784.3 8,367.2 8,983.7 7.7%
Total 17,142.9 16,628.6 17,875.7 19,195.5 20,590.4 22,062.6 23,614.4 25,247.7 26,964.5 7.2%
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
65
4.2. Blocks
AAC is most widely utilized in the form of blocks as an alternative to walling bricks. It is used for wall
construction and foundation applications and is available in various shapes and sizes as per the standards
offered by the respective country. In addition, it is available in formats, including single cored, double cored,
U-block, jumbo size, cladding blocks, and others.
4.2.1. Key market trends, growth factors, and opportunities

AAC blocks constitute of a significant share in the global autoclaved aerated concrete (AAC) market, owing to
their light weight and ease in handling. AAC blocks have 5 to 7 times larger sizes than conventional bricks;
thus, the number of blocks required for construction of 1 cubic meter is less than clay bricks. Further, the large
size and light-weight feature of AAC blocks enable it to install quickly and promote rapid construction as well
as save costs on mortar. Moreover, the rise in investment on new construction especially in European and
Asian countries is a major driving factor for the growth of the autoclaved aerated concrete (AAC) market. For
instance, according to the FIEC - European Construction Industry Federation, the total investment on
Autoclaved construction grew by 2.6% from 2018 to 2019 in the 27 European Union countries. Furthermore, according to
Aerated the India Brand Equity Foundation, the real estate sector in India attracted around $6.26 billion in investment
Concrete (AAC) during 2019. Such factors are anticipated to promote the demand for AAC blocks; thereby, surging the growth
Market of the autoclaved aerated concrete (AAC) market.
Global Opportunity
Forecast, 2020-2027
66
4.2.2. Market size and forecast, by region
The autoclaved aerated concrete (AAC) market for blocks was valued at $11,673.3 million in 2019, and is
projected to reach $17,980.8 million by 2027, growing at a CAGR of 6.9% from 2020 to 2027. Asia-Pacific was
the highest contributor with $6,191.7 million in 2019, and is anticipated to reach $9,231.5 million by 2027,
registering a CAGR of 6.4%. LAMEA is anticipated to reach $1,473.6 million by 2027 at a CAGR of 8.2%. Asia-
Pacific and Europe collectively accounted for around 80.8% share of the autoclaved aerated concrete (AAC)
market for blocks in 2019, with the former constituting around 53.0% share. LAMEA and North America are
expected to witness significant CAGRs of 8.2% and 7.4%, respectively, during the forecast period. The
cumulative share of these two segments was 19.2% in 2019, and is anticipated to reach 20.5% by 2027.
TABLE 03. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR BLOCKS, BY REGION, 2019 2027($MILLION)
CAGR%
REGION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2019–2027
North America 1,374.3 1,336.7 1,440.7 1,551.1 1,668.2 1,792.0 1,922.9 2,061.0 2,206.5 7.4%
Europe 3,244.1 3,144.3 3,377.4 3,623.8 3,884.0 4,158.2 4,446.9 4,750.5 5,069.2 7.1%
Autoclaved
Aerated Asia-Pacific 6,191.7 5,966.4 6,371.5 6,796.5 7,241.9 7,707.8 8,194.6 8,702.5 9,231.5 6.4%
Concrete (AAC) LAMEA 863.1 846.4 919.6 997.9 1,081.6 1,170.7 1,265.6 1,366.5 1,473.6 8.2%
Market Total 11,673.3 11,293.7 12,109.2 12,969.5 13,875.6 14,828.8 15,830.1 16,880.5 17,980.8 6.9%
Global Opportunity
Forecast, 2020-2027
67
4.2.3. Market analysis, by country
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR BLOCKS,
BY COUNTRY, 2019 & 2027 (%)
37.9%
34.9% 2019 2027
18.5%
2.7%
7.7%
2.9% 3.0% 18.4%
6.4% 2.2% 1.8%
4.3% 8.3%
1.9% 6.3% 3.1% 3.1%
3.6% 3.6% 3.3% 2.3% 2.0%
2.0% 5.0%
4.0% 3.7% 3.1% 3.8%
Autoclaved
Concrete (AAC) The blocks autoclaved aerated concrete (AAC) market was valued at $11,673.3 million in 2019, and is
Market projected to reach $17,980.8 million by 2027, registering a CAGR of 6.9% from 2020 to 2027. China was the
highest contributor to the blocks market, with $4,426.9 million in 2019, and is estimated to reach $6,284.1
Global Opportunity million by 2027, at a CAGR of 5.8% during the forecast period. India is estimated to reach $901.5 million by
Forecast, 2020-2027 2027 at a CAGR of 8.8%. China and Rest of Asia-Pacific collectively accounted for around 45.6% market share
in 2019, with the former constituting around 37.9% share.
68
India and Latin America are expected to witness significant CAGRs of 8.8% and 8.7%, respectively, during the
forecast period. The cumulative share of these two segments was 7.7% in 2019, and is anticipated to reach
8.8% by 2027.
4.3. Others
The other products include panels and lintels manufactured using aerated concrete. Panels have typical height
up to 20 feet and can have width around 24 inches. However, the thickness of panels can vary from 4 inches
to 12 inches. Further, AAC lintel products are available in different lengths as per the necessity of the project.

AAC products such as panels and lintels are less popular than AAC blocks, owing to their large sizes and
necessity of special equipment for handling. AAC panels can be used for construction of interior and exterior
walls, floors, roofs, and partition walls. In addition, AAC panels and lintels are often modified using steel
reinforcement to improve the load carrying capacity of the component, and withstand external factors such as
heavy winds, earthquake, and others. Moreover, as AAC offers fire resistance properties, AAC panels can also
Autoclaved
be used for interior fire-separation partition walls for multi-family dwellings, apartments, townhouses, and
Aerated
others. AAC panels exhibit high fire ratings. The company ESPAC based in Saudi Arabia offers precast AAC
Concrete (AAC)
elements with fire resistance properties as follows for respective thicknesses.
Market
TABLE 04. FIRE RESISTANCE OF AAC ELEMENTS
Global Opportunity
THICKNESS (INCH) 4 6 8 10
Forecast, 2020-2027 Fire Rating (Hours) 3 6 7 8
Source: ESPAC, Saudi Arabia
69
Thus, the fire resistance property of AAC panels and lintels boost the growth of the autoclaved aerated
concrete (AAC) market.

The autoclaved aerated concrete (AAC) market for others was valued at $5,469.6 million in 2019, and is
registering a CAGR of 7.3%. LAMEA is anticipated to reach $737.5 million by 2027 at a CAGR of 9.1%. Asia-
market for others in 2019, with the former constituting around 52.0% share. LAMEA and North America are
TABLE 05. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR OTHERS, BY REGION, 2019 2027($MILLION)
CAGR%
REGION 2019 2020 2021 2022 2023 2024 2025 2026 2027
Autoclaved 2019–2027
Aerated North America 665.7 652.5 708.8 769.1 833.6 902.4 975.8 1,054.0 1,137.1 8.3%
Concrete (AAC) Europe 1,555.9 1,520.0 1,645.7 1,779.7 1,922.5 2,074.5 2,235.9 2,407.2 2,588.8 7.9%
Market Asia-Pacific 2,842.5 2,761.5 2,973.0 3,197.1 3,434.2 3,684.8 3,949.0 4,227.5 4,520.4 7.3%
LAMEA 405.4 400.8 438.9 480.1 524.5 572.2 623.5 678.5 737.5 9.1%
Global Opportunity
Analysis and Industry Total 5,469.6 5,334.8 5,766.5 6,226.1 6,714.8 7,233.9 7,784.3 8,367.2 8,983.7 7.7%
Forecast, 2020-2027 Source: AMR Analysis
70
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR OTHERS,
BY COUNTRY, 2019 & 2027 (%)
37.0%
2019 2027
34.1%
19.2%
2.7%
7.6%
2.9% 19.0%
6.7% 3.0% 1.9%
4.3% 2.2%
8.2%
1.9% 6.6% 3.2% 3.1%
3.6% 3.6% 3.3% 2.4% 2.1%
2.0% 5.0%
4.1% 3.7% 3.1% 3.8%
Autoclaved
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
71
The autoclaved aerated concrete (AAC) market for other was valued at $5,469.6 million in 2019, and is
projected to reach $8,983.7 million by 2027, registering a CAGR of 7.7% from 2020 to 2027. China was the
highest contributor to the Others market, with $2,026.3 million in 2019, and is estimated to reach $3,067.2
million by 2027, at a CAGR of 6.6% during the forecast period. India is estimated to reach $446.2 million by
2027 at a CAGR of 9.7%. China and Rest of Asia-Pacific collectively accounted for around 44.6% market share
in 2019, with the former constituting around 37.0% share. India and Latin America are expected to witness
significant CAGRs of 9.7% and 9.6%, respectively, during the forecast period. The cumulative share of these
two segments was 7.6% in 2019, and is anticipated to reach 8.8% by 2027.
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
72
CHAPTER 5: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY END USER
5.1. Overview
On the basis of application, the global autoclaved aerated concrete (AAC) market is bifurcated into residential
and non-residential.
FIGURE 15. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY END USER, 2019 2027
38.8% 38.9% 39.0% 39.1% 39.2% 39.4% 39.5% 39.6% 39.7%
61.2% 61.1% 61.0% 60.9% 60.8% 60.6% 60.5% 60.4% 60.3%
Autoclaved
Aerated 2019 2020 2021 2022 2023 2024 2025 2026 2027
Concrete (AAC) Residential Non-residential
Global Opportunity
Forecast, 2020-2027
73
5.1.1. Market size and forecast, by end user
projected to reach $26,964.5 million by 2027, registering a CAGR of 7.2% from 2020 to 2027. The Residential
$16,260.0 million by 2027, at a CAGR of 7.0% during the forecast period. The non-residential segment is
estimated to reach $10,704.5 million by 2027 at a CAGR of 7.5%.
TABLE 06. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019-2027 ($MILLION)
CAGR%
END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2019–2026
Residential 10,491.7 10,158.2 10,900.0 11,683.2 12,509.0 13,378.6 14,292.9 15,253.1 16,260.0 7.0%
Non-residential 6,651.2 6,470.3 6,975.7 7,512.4 8,081.4 8,684.1 9,321.4 9,994.6 10,704.5 7.5%
Total 17,142.9 16,628.6 17,875.7 19,195.5 20,590.4 22,062.6 23,614.4 25,247.7 26,964.5 7.2%
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
74
5.2. Residential
Residential buildings include construction of residential complexes, condos, independent houses, and others
using autoclaved aerated concrete (AAC) products.

The unprecedented urban development has created a high demand for affordable housing to accommodate
the constant population growth. According to the United Nations in 2016, only 13% of the global cities have
affordable housing facilities. Further, according to the report published in 2019 by the World Economic Forum
on “Making Affordable Housing a Reality in Cities,” around 50% population in Africa lives in substandard
conditions. Whereas, in China and India nearly one quarter of total populations live in informal housing
settlements. Thus, there is a high necessity for affordable housing which can boost the demand for AAC
components. As AAC blocks have larger sizes and offer reduction in construction costs, the rising demand for
affordable housing is anticipated to propel the growth of the autoclaved aerated concrete (AAC) market.

Autoclaved
Aerated The autoclaved aerated concrete (AAC) market for residential was valued at $10,491.7 million in 2019, and is
Concrete (AAC) projected to reach $16,260.0 million by 2027, growing at a CAGR of 7.0% from 2020 to 2027. Asia-Pacific was
Market the highest contributor with $5,542.4 million in 2019, and is anticipated to reach $8,312.3 million by 2027,
Global Opportunity Pacific and Europe collectively accounted for around 80.7% share of the Residential autoclaved aerated
concrete (AAC) market in 2019, with the former constituting around 52.8% share.
Forecast, 2020-2027
75
LAMEA and North America are expected to witness significant CAGRs of 8.3% and 7.5%, respectively, during
the forecast period. The cumulative share of these two segments was 19.3% in 2019, and is anticipated to
reach 20.6% by 2027.
TABLE 07. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR RESIDENTIAL, BY REGION, 2019 2027($MILLION)
CAGR%
REGION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2019–2027
North America 1,238.8 1,205.7 1,300.5 1,401.2 1,508.0 1,621.1 1,740.8 1,867.2 2,000.5 7.5%
Europe 2,925.0 2,837.1 3,049.7 3,274.7 3,512.4 3,763.2 4,027.5 4,305.7 4,598.1 7.1%
Asia-Pacific 5,542.4 5,344.6 5,711.6 6,097.1 6,501.4 6,924.8 7,367.7 7,830.1 8,312.3 6.5%
LAMEA 785.5 770.8 838.1 910.2 987.2 1,069.4 1,157.0 1,250.1 1,349.1 8.3%
Total 10,491.7 10,158.2 10,900.0 11,683.2 12,509.0 13,378.6 14,292.9 15,253.1 16,260.0 7.0%
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
76
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR RESIDENTIAL,
BY COUNTRY, 2019 & 2027 (%)
37.8%
34.8% 2019 2027
18.6%
2.7%
7.7%
2.9% 3.0% 18.5%
6.4% 2.3% 1.9%
4.3% 8.3%
1.8% 6.3% 3.2% 3.0%
3.6% 3.6% 3.4% 2.4% 2.0%
1.9% 5.0%
4.0% 3.7% 3.0% 3.9%
Autoclaved
Concrete (AAC) The residential autoclaved aerated concrete (AAC) market was valued at $10,491.7 million in 2019, and is
highest contributor to the Residential market, with $3,962.3 million in 2019, and is estimated to reach $5,657.5
Global Opportunity million by 2027, at a CAGR of 5.9% during the forecast period. India is estimated to reach $813.6 million by
Forecast, 2020-2027 2027 at a CAGR of 8.9%. China and Rest of Asia-Pacific collectively accounted for around 45.5% market share
in 2019, with the former constituting around 37.8% share.
77
forecast period. The cumulative share of these two segments was 7.7% in 2019 and is anticipated to reach
8.9% by 2027.
5.3. Non-residential
Construction projects such as hospitals, hotels, industrial buildings, infrastructure, and others are considered
in non-residential construction segment.

Rise in adoption of AAC components for construction of commercial buildings and industrial buildings can be
attributed to complete quality-controlled process of construction. In addition, availability of building codes
and regulations makes the process predictable and there is very less scope for deviation in quality. Moreover,
AAC blocks are largely utilized for commercial and industrial structures with limited storey height, owing to
their limited compressive strength. However, the use of AAC can reduce construction costs and construction
time significantly considering the heavy volume of non-residential construction. But the lack of awareness
Autoclaved
regarding these advantages of AAC has hindered the growth of AAC components for non-residential
Aerated
construction.
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
78
The autoclaved aerated concrete (AAC) market for non-residential was valued at $6,651.2 million in 2019, and
is projected to reach $10,704.5 million by 2027, growing at a CAGR of 7.5% from 2020 to 2027. Asia-Pacific
was the highest contributor with $3,491.9 million in 2019, and is anticipated to reach $5,439.6 million by 2027,
Pacific and Europe collectively accounted for around 80.7% share of the Non-residential autoclaved aerated
concrete (AAC) market in 2019, with the former constituting around 52.5% share. LAMEA and North America
are expected to witness significant CAGRs of 8.8% and 8.0%, respectively, during the forecast period. The
TABLE 08. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR NON- RESIDENTIAL, BY REGION, 2019 2027($MILLION)
CAGR%
REGION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2019–2027
North America 801.2 783.5 849.0 919.0 993.7 1,073.3 1,157.9 1,247.8 1,343.1 8.0%
Europe 1,875.0 1,827.2 1,973.4 2,128.9 2,294.1 2,469.5 2,655.3 2,852.0 3,059.9 7.6%
Autoclaved
Concrete (AAC) LAMEA 483.1 476.3 520.4 567.9 618.8 673.6 732.2 794.9 862.0 8.8%
Market Total 6,651.2 6,470.3 6,975.7 7,512.4 8,081.4 8,684.1 9,321.4 9,994.6 10,704.5 7.5%
Global Opportunity
Forecast, 2020-2027
79
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR NON-RESIDENTIAL,
BY COUNTRY, 2019 & 2027 (%)
37.5%
34.5% 2019 2027
18.9%
2.7%
7.6%
2.9% 2.9% 18.7%
6.5% 2.2% 1.8%
4.3% 8.2%
1.9% 6.5% 3.2% 3.1%
3.6% 3.7% 3.3% 2.3% 2.0%
2.0% 5.0%
4.1% 3.7% 3.1% 3.7%
Autoclaved
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
80
The autoclaved aerated concrete (AAC) market for non-residential was valued at $6,651.2 million in 2019, and
is projected to reach $10,704.5 million by 2027, registering a CAGR of 7.5% from 2020 to 2027. China was the
highest contributor to the Non-residential market, with $2,490.9 million in 2019, and is estimated to reach
$3,693.8 million by 2027, at a CAGR of 6.4% during the forecast period. India is estimated to reach $534.0
million by 2027 at a CAGR of 9.4%. China and Rest of Asia-Pacific collectively accounted for around 45.1%
market share in 2019, with the former constituting around 37.5% share. India and Latin America are expected
to witness significant CAGRs of 9.4% and 9.3%, respectively, during the forecast period. The cumulative share
of these two segments was 7.6% in 2019, and is anticipated to reach 8.7% by 2027.
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
81
CHAPTER 6: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY APPLICATION
6.1. Overview
By application, the autoclaved aerated concrete (AAC) market is classified into walls, floors & roofs, and
others.
FIGURE 18. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY APPLICATION, 2019-2027
20.0% 20.1% 20.2% 20.3% 20.4% 20.5% 20.6% 20.7% 20.8%
24.6% 24.7% 24.7% 24.7% 24.7% 24.8% 24.8% 24.8% 24.9%
55.4% 55.2% 55.1% 55.0% 54.9% 54.7% 54.6% 54.5% 54.3%
Autoclaved
Aerated 2019 2020 2021 2022 2023 2024 2025 2026 2027
Concrete (AAC) Walls Floors & Roofs Others
Global Opportunity
Forecast, 2020-2027
82
6.1.1. Market size and forecast, by application
projected to reach $26,964.5 million by 2027, registering a CAGR of 7.2% from 2020 to 2027. The walls
$14,653.4 million by 2027, at a CAGR of 6.9% during the forecast period. The Floors & Roofs segment is
estimated to reach $6,703.3 million by 2027 at a CAGR of 7.3%.
TABLE 09. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY APPLICATION, 2019-2027 ($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 9,491.0 9,185.0 9,851.1 10,553.9 11,294.6 12,074.0 12,893.1 13,752.6 14,653.4 6.9%
Floors & Roofs 4,223.8 4,101.7 4,414.3 4,745.5 5,096.0 5,466.4 5,857.4 6,269.5 6,703.3 7.3%
Others 3,428.1 3,341.9 3,610.4 3,896.1 4,199.9 4,522.2 4,863.9 5,225.6 5,607.9 7.7%
Total 17,142.9 16,628.6 17,875.7 19,195.5 20,590.4 22,062.6 23,614.4 25,247.7 26,964.5 7.2%
Autoclaved Source: AMR Analysis
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
83
6.2. Walls
The walls segment includes AAC components utilized for construction of internal and external walls. AAC
blocks are most widely used for wall applications.

The advantages of AAC components over traditional wall construction materials boost the demand for
autoclaved aerated concrete in wall construction. AAC blocks are a popular alternative to the traditional clay
bricks due to their low weight and less wastage of material. Clay bricks have been used in the construction
industry for a long time as its manufacturing cheaper than other alternatives. However, clay brick
manufacturing is also a major consumer of energy for burning of the bricks. In addition, in developing
countries such as India, Nepal, Bangladesh, and others, clay brick manufacturing is often carried in open
spaces without any control and treatment of the carbon dioxide generated during the process. These
emissions are often uncomfortable and increase the air pollution in the locality near the manufacturing site.
On the contrary, the manufacturing of AAC requires minimum amount of energy and raw material. In addition,
Autoclaved the production process is carried in controlled environment along with the use of recycled materials. Thus,
Aerated AAC products offer more energy efficiency and are highly sustainable than clay bricks for wall applications.
Concrete (AAC) This is likely to drive the growth of the autoclaved aerated concrete (AAC) market.
Market
Global Opportunity
Forecast, 2020-2027
84
The autoclaved aerated concrete (AAC) market for walls was valued at $9,491.0 million in 2019, and is
Pacific and Europe collectively accounted for around 80.8% share of the walls autoclaved aerated concrete
(AAC) market in 2019, with the former constituting around 53.2% share. LAMEA and North America are
TABLE 10. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR WALLS, BY REGION, 2019 2027 ($MILLION)
CAGR%
REGION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2019–2027
North America 1,120.4 1,090.0 1,175.1 1,265.5 1,361.4 1,462.9 1,570.1 1,683.4 1,802.8 7.5%
Europe 2,621.4 2,541.5 2,730.7 2,930.7 3,142.0 3,364.9 3,599.5 3,846.4 4,105.6 7.1%
Autoclaved
Concrete (AAC) LAMEA 699.7 686.3 746.0 809.8 877.9 950.6 1,028.0 1,110.3 1,197.7 8.3%
Market Total 9,491.0 9,185.0 9,851.1 10,553.9 11,294.6 12,074.0 12,893.1 13,752.6 14,653.4 6.9%
Global Opportunity
Forecast, 2020-2027
85
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR WALLS,
BY COUNTRY, 2019 & 2027 (%)
38.1%
35.1% 2019 2027
18.5%
2.6%
7.7%
2.9% 2.9% 18.3%
6.4% 2.2% 1.8%
4.4% 8.3%
1.8% 6.4% 3.1% 3.1%
3.5% 3.6% 3.3% 2.3% 2.0%
1.9% 5.1%
4.0% 3.7% 3.1% 3.8%
Autoclaved
Concrete (AAC) The walls autoclaved aerated concrete (AAC) market was valued at $9,491.0 million in 2019, and is projected
Market to reach $14,653.4 million by 2027, registering a CAGR of 6.9% from 2020 to 2027. China was the highest
contributor to the walls market, with $3,613.8 million in 2019, and is estimated to reach $5,143.2 million by
Global Opportunity 2027, at a CAGR of 5.8% during the forecast period. India is estimated to reach $740.7 million by 2027 at a
Forecast, 2020-2027 CAGR of 8.8%. China and Rest of Asia-Pacific collectively accounted for around 45.8% market share in 2019,
with the former constituting around 38.1% share.
86
forecast period. The cumulative share of these two segments was 7.7% in 2019 and is anticipated to reach
8.9% by 2027.
6.3. Floors & roofs

AAC panels are majorly used for floor and roof applications. These panels are reinforced using steel bars to
withstand the wind and earthquake loads occurring on the building.

Floors and roofs are an integral part of the outer envelope of a building. These components also affect the
entry of heat into the structure; hence, proper insulation is necessary for flooring and roofing components.
The thermal insulation property of AAC can reduce the costs incurred on heating and cooling of the structure
significantly. The porous structure of AAC roofing and flooring panels avoid the transfer of heat from the
outside climate. This keeps the structure cooler in summers and also reduce the wastage of heat artificially
generated inside the structure; thus, saving costs on energy use for artificial heating of the building.
Autoclaved
Moreover, the offsite manufacturing of AAC panels helps in maintaining the quality of the component, which
Aerated
in turn enhances the quality of the entire building structure. Such factors boost the growth of the autoclaved
Concrete (AAC)
aerated concrete (AAC) market.
Market
Global Opportunity
Forecast, 2020-2027
87
The autoclaved aerated concrete (AAC) market for floors & roofs was valued at $4,223.8 million in 2019, and is
market for floors & roofs in 2019, with the former constituting around 51.6% share. LAMEA and North
America are expected to witness significant CAGRs of 8.6% and 7.8%, respectively, during the forecast period.
The cumulative share of these two segments was 19.5% in 2019, and is anticipated to reach 20.8% by 2027.
TABLE 11. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR FLOORS & ROOFS, BY REGION, 2019 2027($MILLION)
CAGR%
REGION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2019–2027
North America 512.0 499.7 540.5 584.0 630.3 679.6 731.8 787.2 845.8 7.8%
Europe 1,219.8 1,186.4 1,278.9 1,377.1 1,481.2 1,591.5 1,708.1 1,831.2 1,961.1 7.4%
Autoclaved
Market Total 4,223.8 4,101.7 4,414.3 4,745.5 5,096.0 5,466.4 5,857.4 6,269.5 6,703.3 7.3%
Global Opportunity
Forecast, 2020-2027
88
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR FLOORS & ROOFS,
BY COUNTRY, 2019 & 2027 (%)
36.7%
2019 2027
33.8%
19.4%
2.8%
7.7%
3.0% 19.2%
6.6% 3.1% 1.9%
4.2% 8.3% 2.2%
1.9% 6.5% 3.2%
3.6% 3.7% 3.0% 3.3% 2.3% 2.1%
2.0% 4.9%
4.1% 3.8% 3.0% 3.8%
Autoclaved
Concrete (AAC) The floors & roofs autoclaved aerated concrete (AAC) market was valued at $4,223.8 million in 2019, and is
highest contributor to the Floors & Roofs market, with $1,548.8 million in 2019, and is estimated to reach
Global Opportunity
$2,263.0 million by 2027, at a CAGR of 6.2% during the forecast period. India is estimated to reach $328.6
Forecast, 2020-2027 million by 2027 at a CAGR of 9.2%. China and Rest of Asia-Pacific collectively accounted for around 44.4%
market share in 2019, with the former constituting around 36.7% share.
89
8.7% by 2027.
6.4. Others
Other applications include use of AAC components in lintels, foundation, cladding, and other decorative
applications. The light weight of AAC components promotes its use for lintel, cladding, and decorative
applications.

The attractive appearance and easy adaptability of AAC boost its demand for cladding, external decorative
applications. In addition, AAC panels are highly fire resistant, pest resistant, and provide excellent thermal and
acoustic insulation. The sound transmission class (STC) rating of AAC is up to 45 decibels, which allow it to be
used for cladding of auditoriums, studios, hospitals, and others. Moreover, the offsite production of AAC also
conserves the time required for construction when compared to on-site construction along with the
Autoclaved
maintenance of smooth external finish, which eliminates the necessity of external plastering especially in
Aerated
decorative applications. Furthermore, considering the high strength requirement for foundation applications,
Concrete (AAC)
manufacturers offer special high strength components. For instance, the company H+H International based in
Market
Denmark offers Celcon foundation blocks with compressive strength of 7.3 N/mm2, whereas its super
Global Opportunity strength grade blocks offer compressive strength of 8.7 N/mm2. Such factors are likely to attribute toward the
Analysis and Industry growth of the autoclaved aerated concrete market for other applications.
Forecast, 2020-2027
90
market for others in 2019, with the former constituting around 52.7% share. LAMEA and North America are
TABLE 12. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE FOR OTHERS, BY REGION, 2019 2027($MILLION)
CAGR%
REGION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2019–2027
North America 407.7 399.5 433.9 470.7 510.0 552.0 596.7 644.4 695.0 8.2%
Europe 958.9 936.4 1,013.5 1,095.7 1,183.2 1,276.3 1,375.2 1,480.2 1,591.3 7.9%
Autoclaved
Market Total 3,428.1 3,341.9 3,610.4 3,896.1 4,199.9 4,522.2 4,863.9 5,225.6 5,607.9 7.7%
Global Opportunity
Forecast, 2020-2027
91
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF AUTOCLAVED AERATED CONCRETE (AAC) MARKET FOR OTHERS,
BY COUNTRY, 2019 & 2027 (%)
37.6%
34.7% 2019 2027
18.6%
2.7%
7.6%
2.9% 3.0% 18.4%
6.4% 2.3% 1.9%
4.3% 8.2%
1.9% 6.4% 3.2% 3.1%
3.6% 3.8% 3.3% 2.4% 2.1%
2.0% 5.0%
4.0% 3.8% 3.1% 3.8%
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
92
projected to reach $5,607.9 million by 2027, registering a CAGR of 7.7% from 2020 to 2027. China was the
highest contributor to the Others market, with $1,290.6 million in 2019, and is estimated to reach $1,945.1
million by 2027, at a CAGR of 6.6% during the forecast period. India is estimated to reach $278.4 million by
2027 at a CAGR of 9.6%. China and Rest of Asia-Pacific collectively accounted for around 45.2% market share
in 2019, with the former constituting around 37.6% share. India and Latin America are expected to witness
significant CAGRs of 9.6% and 9.5%, respectively, during the forecast period. The cumulative share of these
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
93
CHAPTER 7: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY REGION
7.1. Overview
Region wise, the autoclaved aerated concrete (AAC) market is studied across four key regions:
 North America: This region covers the U.S., Canada, and Mexico.
 Europe: This region covers Germany, the UK, France, and rest of Europe.
 Asia-Pacific: This region covers China, Japan, South Korea, and rest of Asia-Pacific.
 LAMEA: This region covers Latin America, the Middle East, and Africa.
The global autoclaved aerated concrete (AAC) market is analyzed across North America, Europe, Asia-Pacific,
and LAMEA. Asia-Pacific accounted for the highest market share in 2019, however, Latin America is expected
to grow at a significant CAGR throughout the forecast period.
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
94
FIGURE 22. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY REGION, 2019 2027
7.4% 7.5% 7.6% 7.7% 7.8% 7.9% 8.0% 8.1% 8.2%
52.7% 52.5% 52.3% 52.1% 51.8% 51.6% 51.4% 51.2% 51.0%
28.0% 28.0% 28.1% 28.1% 28.2% 28.3% 28.3% 28.3% 28.4%
11.9% 12.0% 12.0% 12.1% 12.1% 12.2% 12.3% 12.3% 12.4%

2019 2020 2021 2022 2023 2024 2025 2026 2027
North America Europe Asia-Pacific LAMEA


Autoclaved projected to reach $26,964.5 million by 2027, registering a CAGR of 7.2%. Asia-Pacific was the highest revenue
Aerated contributor, accounting for $9,034.3 million in 2019, and is estimated to reach $13,751.9 million by 2027, with
Concrete (AAC) a CAGR of 6.7%. LAMEA is estimated to reach $2,211.1 million by 2027, at a significant CAGR of 8.5%. Asia-
Market Pacific and Europe collectively accounted for around 80.7% share in 2019, with the former constituting around
52.7% share. LAMEA and North America are expected to witness considerable CAGRs of 8.5% and 7.7%,
Global Opportunity
Analysis and Industry respectively, during the forecast period. The cumulative share of these two segments was 19.3% in 2019, and
Forecast, 2020-2027 is anticipated to reach 20.6% by 2027.
95
TABLE 13. GLOBAL AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY REGION, 2019 2027$MILLION)
CAGR%
REGION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
North America 2,040.0 1,989.2 2,149.6 2,320.3 2,501.7 2,694.4 2,898.7 3,114.9 3,343.6 7.7%
Europe 4,800.0 4,664.3 5,023.1 5,403.5 5,806.5 6,232.7 6,682.9 7,157.7 7,657.9 7.3%
Asia-Pacific 9,034.3 8,727.9 9,344.5 9,993.7 10,676.1 11,392.6 12,143.7 12,930.0 13,751.9 6.7%
LAMEA 1,268.6 1,247.1 1,358.6 1,478.1 1,606.1 1,742.9 1,889.1 2,045.1 2,211.1 8.5%
Total 17,142.9 16,628.6 17,875.7 19,195.5 20,590.4 22,062.6 23,614.4 25,247.7 26,964.5 7.2%
7.2. North America

North American includes countries such as the U.S., Mexico, and Canada. Mexico is the highest contributor in
the North American region followed by the U.S. and Canada.
7.2.1. Key market trends and opportunities

Autoclaved The two companies Hebel and Ytong, now a part of Xella International GmbH based in Germany, started their
Aerated production units in the U.S. during 1990s to gain a foothold of the North American market. However, the low
Concrete (AAC) cost and easy availability of construction timber has hindered the growth of autoclaved aerated concrete
Market (AAC) in the U.S. and Canada. In current scenario, the company Aercon Industries, LLC is the sole manufacturer
of AAC in the U.S. However, the company Xella International has a strong demand for AAC in Mexico and
Global Opportunity
Analysis and Industry operates in the country through its brand Hebel. Moreover, the growth in awareness regarding the properties
Forecast, 2020-2027 of autoclaved aerated concrete (AAC) can bolster the demand in the U.S. and Canada in the near future.
96
The U.S. construction industry is one of the largest construction industries globally and the rise in demand for
AAC in the U.S. can assist in surging the overall market.

The North America autoclaved aerated concrete (AAC) market was valued at $2,040.0 million in 2019, and is
projected to reach $3,343.6 million by 2027, growing at a CAGR of 7.7% from 2020 to 2027. The blocks
segment was the highest contributor with $1,374.3 million in 2019, and is estimated to reach $2,206.5 million
by 2027, registering a CAGR of 7.4%.
TABLE 14. NORTH AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 1,374.3 1,336.7 1,440.7 1,551.1 1,668.2 1,792.0 1,922.9 2,061.0 2,206.5 7.40%
Others 665.7 652.5 708.8 769.1 833.6 902.4 975.8 1,054.0 1,137.1 8.30%
Total 2,040.0 1,989.2 2,149.6 2,320.3 2,501.7 2,694.4 2,898.7 3,114.9 3,343.6 7.70%
Autoclaved Source: AMR Analysis
Aerated 7.2.3. Market size and forecast, by end user

Concrete (AAC)
Market
projected to reach $3,343.6 million by 2027, growing at a CAGR of 7.7% from 2020 to 2027. The Residential
Global Opportunity segment was the highest contributor with $1,238.8 million in 2019, and is estimated to reach $2,000.5 million
Analysis and Industry by 2027, registering a CAGR of 7.5%. The Non-residential segment is estimated to reach $1,343.1 million by
Forecast, 2020-2027
2027 at a CAGR of 8.0%.
97
TABLE 15. NORTH AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Residential 1,238.8 1,205.7 1,300.5 1,401.2 1,508.0 1,621.1 1,740.8 1,867.2 2,000.5 7.50%
Non-residential 801.2 783.5 849.0 919.0 993.7 1,073.3 1,157.9 1,247.8 1,343.1 8.00%
Total 2,040.0 1,989.2 2,149.6 2,320.3 2,501.7 2,694.4 2,898.7 3,114.9 3,343.6 7.70%

projected to reach $3,343.6 million by 2027, growing at a CAGR of 7.7% from 2020 to 2027. The walls segment
was the highest contributor with $1,120.4 million in 2019, and is estimated to reach $1,802.8 million by 2027,
registering a CAGR of 7.5%. The Floors & Roofs segment is estimated to reach $845.8 million by 2027 at a
CAGR of 7.8%.
Autoclaved TABLE 16. NORTH AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
Aerated APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR%
2019–2027
Concrete (AAC) Walls 1,120.4 1,090.0 1,175.1 1,265.5 1,361.4 1,462.9 1,570.1 1,683.4 1,802.8 7.50%
Market Floors & Roofs 512.0 499.7 540.5 584.0 630.3 679.6 731.8 787.2 845.8 7.80%
Global Opportunity Others 407.7 399.5 433.9 470.7 510.0 552.0 596.7 644.4 695.0 8.20%
Total 2,040.0 1,989.2 2,149.6 2,320.3 2,501.7 2,694.4 2,898.7 3,114.9 3,343.6 7.70%
Forecast, 2020-2027
98
projected to reach $3,343.6 million by 2027, registering a CAGR of 7.7%. Mexico was the highest revenue
contributor with $1,107.7 million in 2019, and is estimated to reach $1,722.0 Million by 2027, registering a
CAGR of 7.0%. U.S. is estimated to reach $1,090.0 million by 2027, at a significant CAGR of 8.8%. Mexico and
U.S. collectively accounted for around 84.3% share in 2019, with the former constituting around 54.3% share.
U.S. and Canada are expected to witness considerable CAGRs of 8.8% and 7.9%, respectively, during the
48.5% by 2027.
TABLE 17. NORTH AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY COUNTRY, 2019 2027($MILLION)
CAGR%
COUNTRY 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
U.S. 612.0 603.2 658.8 718.7 783.0 852.1 926.1 1,005.3 1,090.0 8.8%
Canada 320.3 312.8 338.6 366.0 395.3 426.4 459.4 494.5 531.6 7.9%
Autoclaved
Aerated Mexico 1,107.7 1,073.2 1,152.2 1,235.5 1,323.4 1,415.9 1,513.1 1,615.1 1,722.0 7.0%
Concrete (AAC) Total 2,040.0 1,989.2 2,149.6 2,320.3 2,501.7 2,694.4 2,898.7 3,114.9 3,343.6 7.7%
Global Opportunity
Forecast, 2020-2027
99
7.2.5.1. U.S.
FIGURE 23. U.S. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 8.8%
1,090.0
1,005.3
926.1
852.1
783.0
658.8 718.7
612.0 603.2
2019 2020 2021 2022 2023 2024 2025 2026 2027

Autoclaved 7.2.5.1.1. Market size and forecast, by product type

Aerated The U.S. autoclaved aerated concrete (AAC) market was valued at $612.0 million in 2019, and is projected to
Concrete (AAC) reach $1,090.0 million by 2027, registering a CAGR of 8.8%. The blocks was the highest revenue contributor
Market with $414.9 million in 2019, and is estimated to reach $723.8 million by 2027, registering a CAGR of 8.5%.
Global Opportunity
Forecast, 2020-2027
100
TABLE 18. U.S. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 414.9 407.9 444.4 483.5 525.4 570.3 618.2 669.3 723.8 8.50%
Others 197.1 195.3 214.5 235.2 257.6 281.8 307.9 336.0 366.2 9.40%
Total 612.0 603.2 658.8 718.7 783.0 852.1 926.1 1,005.3 1,090.0 8.80%
7.2.5.1.2. Market size and forecast, by end user
The U.S. autoclaved aerated concrete (AAC) market was valued at $612.0 million in 2019, and is projected to
reach $1,090.0 million by 2027, registering a CAGR of 8.8%. The Residential was the highest revenue
contributor with $372.7 million in 2019, and is estimated to reach $654.0 million by 2027, registering a CAGR
of 8.6%. The Non-residential is estimated to reach $436.0 million by 2027, at a significant CAGR of 9.1%.
TABLE 19. U.S. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
Autoclaved END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Aerated Residential 372.7 366.7 399.8 435.3 473.3 514.1 557.8 604.3 654.0 8.60%
Concrete (AAC) Non-residential 239.3 236.5 259.1 283.4 309.7 338.0 368.4 401.0 436.0 9.10%
Market Total 612.0 603.2 658.8 718.7 783.0 852.1 926.1 1,005.3 1,090.0 8.80%

Global Opportunity
Forecast, 2020-2027
101
7.2.5.1.3. Market size and forecast, by application
The U.S. autoclaved aerated concrete (AAC) market was valued at $612.0 million in 2019, and is projected to
reach $1,090.0 million by 2027, registering a CAGR of 8.8%. The walls segment was the highest revenue
of 8.6%. The Floors & Roofs segment is estimated to reach $274.7 million by 2027, at a significant CAGR of
8.9%. The walls and Floors & Roofs segments collectively accounted for around 80.0% share in 2019, with the
former constituting around 55.0% share. The Floors & Roofs and walls segments are expected to witness
considerable CAGRs of 8.9% and 8.6%, respectively, during the forecast period. The cumulative share of these
TABLE 20. U.S. AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2019–2027
Walls 336.6 331.0 360.7 392.6 426.8 463.3 502.4 544.1 588.6 8.60%
Floors & Roofs 153.0 151.0 165.0 180.2 196.5 214.1 232.9 253.1 274.7 8.90%
Autoclaved Others 122.4 121.2 133.1 145.9 159.7 174.7 190.8 208.1 226.7 9.40%
Aerated
Total
Concrete (AAC) 612.0 603.2 658.8 718.7 783.0 852.1 926.1 1,005.3 1,090.0 8.80%

Market
Global Opportunity
Forecast, 2020-2027
102
7.2.5.2. Canada
FIGURE 24. CANADA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 7.9%
531.6
494.5
426.4 459.4
366.0 395.3
320.3 312.8 338.6
2019 2020 2021 2022 2023 2024 2025 2026 2027

7.2.5.2.1. Market size and forecast, by product type

Autoclaved The Canada autoclaved aerated concrete (AAC) market was valued at $320.3 million in 2019, and is projected
Aerated to reach $531.6 million by 2027, registering a CAGR of 7.9%. The blocks was the highest revenue contributor
Concrete (AAC) with $217.6 million in 2019, and is estimated to reach $353.8 million by 2027, registering a CAGR of 7.6%.
Market
Global Opportunity
Forecast, 2020-2027
103
TABLE 21. CANADA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 215.3 212.0 228.9 246.8 265.8 286.0 307.4 329.9 349.9 7.60%
Others 105.0 100.8 109.7 119.2 129.5 140.4 152.1 164.5 181.8 8.40%
Total 320.3 312.8 338.6 366.0 395.3 426.4 459.4 494.5 531.6 7.90%
The Canada autoclaved aerated concrete (AAC) market was valued at $320.3 million in 2019, and is projected
to reach $531.6 million by 2027, registering a CAGR of 7.9%. The Residential was the highest revenue
TABLE 22. CANADA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
2020–2027
Market Total 320.3 312.8 338.6 366.0 395.3 426.4 459.4 494.5 531.6 7.90%

Global Opportunity
Forecast, 2020-2027
104
The Canada autoclaved aerated concrete (AAC) market was valued at $320.3 million in 2019, and is projected
to reach $531.6 million by 2027, registering a CAGR of 7.9%. The walls segment was the highest revenue
TABLE 23. CANADA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 174.8 169.4 183 197.4 212.6 228.8 246 264.2 284.8 7.60%
Floors & Roofs 81.2 79.8 86.5 93.6 101.1 109.2 117.8 126.9 135.9 8.00%
Autoclaved Others 64.3 63.6 69.1 75.1 81.5 88.3 95.7 103.4 111 8.40%
Aerated
Total
Concrete (AAC) 320.3 312.8 338.6 366 395.3 426.4 459.4 494.5 531.6 7.90%

Market
Global Opportunity
Forecast, 2020-2027
105
7.2.5.3. Mexico
FIGURE 25. MEXICO AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 7.0%
1,722.0
1,615.1
1,415.9 1,513.1
1,235.5 1,323.4
1,107.7 1,073.2 1,152.2
2019 2020 2021 2022 2023 2024 2025 2026 2027

Autoclaved
Aerated
The Mexico autoclaved aerated concrete (AAC) market was valued at $1,107.7 million in 2019, and is projected
Concrete (AAC)
to reach $1,722.0 million by 2027, registering a CAGR of 7.0%. The blocks was the highest revenue contributor
Market
with $741.7 million in 2019, and is estimated to reach $1,128.9 million by 2027, registering a CAGR of 6.7%.
Global Opportunity
Forecast, 2020-2027
106
TABLE 24. MEXICO AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 748.5 716.7 767.5 820.8 876.9 935.7 997.3 1,061.70 1,139.40 6.70%
Others 359.2 356.4 384.7 414.7 446.5 480.2 515.8 553.4 582.5 7.50%
Total 1,107.70 1,073.20 1,152.20 1,235.50 1,323.40 1,415.90 1,513.10 1,615.10 1,722.00 7.00%
to reach $1,722.0 million by 2027, registering a CAGR of 7.0%. The Residential was the highest revenue
contributor with $672.4 million in 2019, and is estimated to reach $1,029.8 million by 2027, registering a CAGR
TABLE 25. MEXICO AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
2020–2027
Aerated Residential 668.6 650.2 696.8 745.8 797.4 851.5 908.3 967.7 1,023.8 6.80%
Market Total 1,107.7 1,073.2 1,152.2 1,235.5 1,323.4 1,415.9 1,513.1 1,615.1 1,722.0 7.00%

Global Opportunity
Forecast, 2020-2027
107
to reach $1,722.0 million by 2027, registering a CAGR of 7.0%. The walls segment was the highest revenue
TABLE 26. MEXICO AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 601.8 589.5 631.4 675.6 722.0 770.7 821.7 875.1 918.2 6.70%
Floors & Roofs 278.4 269.0 289.0 310.3 332.7 356.3 381.1 407.2 436.2 7.10%
Aerated
Total
Concrete (AAC) 1,107.7 1,073.2 1,152.2 1,235.5 1,323.4 1,415.9 1,513.1 1,615.1 1,722.0 7.00%

Market
Global Opportunity
Forecast, 2020-2027
108
7.3. Europe
The European region includes countries such as Germany, the UK, France, and rest of European countries.
Autoclaved aerated concrete (AAC) was invented in Sweden and patented in 1924. It has been used in the
region for nearly 90 years and thus has a strong penetration rate in residential and non-residential
construction industry.

The strong presence of autoclaved aerated concrete (AAC) manufacturers in the Europe promotes the growth
of AAC in the region. The easy availability of AAC products and large manufacturing units allow low-cost
transportation of AAC in various parts of the countries, which allow more utilization of AAC over other
alternatives. In addition, the top global AAC manufacturers have a strong presence in Europe. For instance, the
company H+H International A/S based in Denmark has around 29 production plants in Northern and Central
Europe. However, the company Xella International GmbH based in Germany operates through 95 production
plants in Europe and is the largest manufacturer of AAC globally. Furthermore, the European Union consisting
Autoclaved of 27 countries is developing stringent legislation for environmental sustainability and climate control. Under
Aerated this, the European Commission is promoting an indicator framework regarding the sustainability of
Concrete (AAC) construction materials. This can boost the demand for AAC as it consumes less energy and raw material
Market during production. These factors are anticipated to boost the growth of the autoclaved aerated concrete
(AAC) market.
Global Opportunity
Forecast, 2020-2027
109
The Europe autoclaved aerated concrete (AAC) market was valued at $4,800.0 million in 2019, and is projected
to reach $7,657.9 million by 2027, growing at a CAGR of 7.3% from 2020 to 2027. The blocks segment was the
highest contributor with $3,244.1 million in 2019, and is estimated to reach $5,069.2 million by 2027,
registering a CAGR of 7.1%.
TABLE 27. EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 3,244.1 3,144.3 3,377.4 3,623.8 3,884.0 4,158.2 4,446.9 4,750.5 5,069.2 7.10%
Others 1,555.9 1,520.0 1,645.7 1,779.7 1,922.5 2,074.5 2,235.9 2,407.2 2,588.8 7.90%
Total 4,800.0 4,664.3 5,023.1 5,403.5 5,806.5 6,232.7 6,682.9 7,157.7 7,657.9 7.30%

Autoclaved The Europe autoclaved aerated concrete (AAC) market was valued at $4,800.0 million in 2019, and is projected
Aerated to reach $7,657.9 million by 2027, growing at a CAGR of 7.3% from 2020 to 2027. The residential segment was
Concrete (AAC) the highest contributor with $2,925.0 million in 2019, and is estimated to reach $4,598.1 million by 2027,
Market registering a CAGR of 7.1%. The non-residential segment is estimated to reach $3,059.9 million by 2027 at a
CAGR of 7.6%.
Global Opportunity
Forecast, 2020-2027
110
TABLE 28. EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Residential 2,925.0 2,837.1 3,049.7 3,274.7 3,512.4 3,763.2 4,027.5 4,305.7 4,598.1 7.10%
Non-residential 1,875.0 1,827.2 1,973.4 2,128.9 2,294.1 2,469.5 2,655.3 2,852.0 3,059.9 7.60%
Total 4,800.0 4,664.3 5,023.1 5,403.5 5,806.5 6,232.7 6,682.9 7,157.7 7,657.9 7.30%

to reach $7,657.9 million by 2027, growing at a CAGR of 7.3% from 2020 to 2027. The walls segment was the
highest contributor with $2,621.4 million in 2019, and is estimated to reach $4,105.6 million by 2027,
registering a CAGR of 7.1%. The Floors & Roofs segment is estimated to reach $1,961.1 million by 2027 at a
CAGR of 7.4%.
Autoclaved TABLE 29. EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
2020–2027
Market Floors & Roofs 1,219.8 1,186.4 1,278.9 1,377.1 1,481.2 1,591.5 1,708.1 1,831.2 1,961.1 7.40%
Global Opportunity Others 958.9 936.4 1,013.5 1,095.7 1,183.2 1,276.3 1,375.2 1,480.2 1,591.3 7.90%
Total 4,800.0 4,664.3 5,023.1 5,403.5 5,806.5 6,232.7 6,682.9 7,157.7 7,657.9 7.30%
Forecast, 2020-2027
111
7.3.5. Europe Market size and forecast, by country
to reach $7,657.9 million by 2027, registering a CAGR of 7.3%. France was the highest revenue contributor
with $624.0 million in 2019, and is estimated to reach $1,003.2 Million by 2027, registering a CAGR of 7.4% .
UK is estimated to reach $796.4 million by 2027, at a significant CAGR of 8.4%. France and Germany
collectively accounted for around 23.5% share in 2019, with the former constituting around 13.0% share. UK
and Germany are expected to witness considerable CAGRs of 8.4% and 8.1%, respectively, during the forecast
period. The cumulative share of these two segments was 20.1% in 2019, and is anticipated to reach 21.5% by
2027.
TABLE 30. EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY COUNTRY, 2019 2027($MILLION)
CAGR%
COUNTRY 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Germany 504.0 493.3 535.0 579.5 627.1 677.8 731.8 789.1 850.0 8.1%
UK 461.8 453.3 493.0 535.6 581.2 630.0 682.0 737.4 796.4 8.4%
Autoclaved
Aerated France 624.0 606.9 654.3 704.5 757.7 814.1 873.8 936.8 1,003.2 7.4%
Concrete (AAC) Rest of Europe 3,210.2 3,110.9 3,340.8 3,583.9 3,840.4 4,110.8 4,395.3 4,694.4 5,008.3 7.0%
Market Total 4,800.0 4,664.3 5,023.1 5,403.5 5,806.5 6,232.7 6,682.9 7,157.7 7,657.9 7.3%
Global Opportunity
Forecast, 2020-2027
112
7.3.5.1. Germany
FIGURE 26. GERMANY AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 8.1%
850.0
789.1
731.8
677.8
627.1
535.0 579.5
504.0 493.3
2019 2020 2021 2022 2023 2024 2025 2026 2027

Autoclaved
Aerated
The Germany autoclaved aerated concrete (AAC) market was valued at $504.0 million in 2019, and is projected
Concrete (AAC)
to reach $850.0 million by 2027, registering a CAGR of 8.1%. The blocks was the highest revenue contributor
Market
with $342.7 million in 2019, and is estimated to reach $566.1 million by 2027, registering a CAGR of 7.8%.
Global Opportunity
Forecast, 2020-2027
113
TABLE 31. GERMANY AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 342.7 334.5 361.9 391.0 422.0 455.0 489.9 526.9 566.1 7.80%
Others 161.3 158.7 173.1 188.5 205.1 222.8 241.9 262.2 283.9 8.70%
Total 504.0 493.3 535.0 579.5 627.1 677.8 731.8 789.1 850.0 8.10%
to reach $850.0 million by 2027, registering a CAGR of 8.1%. The Residential was the highest revenue
TABLE 32. GERMANY AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
2020–2027
Market Total 504.0 493.3 535.0 579.5 627.1 677.8 731.8 789.1 850.0 8.10%

Global Opportunity
Forecast, 2020-2027
114
to reach $850.0 million by 2027, registering a CAGR of 8.1%. The walls segment was the highest revenue
TABLE 33. GERMANY AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 277.2 270.7 292.9 316.6 341.8 368.6 397.0 427.1 459.0 7.80%
Floors & Roofs 126.0 123.4 134.0 145.3 157.4 170.3 184.0 198.7 214.2 8.20%
Aerated
Total
Concrete (AAC) 504.0 493.3 535.0 579.5 627.1 677.8 731.8 789.1 850.0 8.10%

Market
Global Opportunity
Forecast, 2020-2027
115
7.3.5.2. UK
FIGURE 27. UK AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 8.4%
796.4
737.4
682.0
630.0
535.6 581.2
461.8 453.3 493.0
2019 2020 2021 2022 2023 2024 2025 2026 2027

Autoclaved
Aerated
Concrete (AAC) The UK autoclaved aerated concrete (AAC) market was valued at $461.8 million in 2019, and is projected to
Market reach $796.4 million by 2027, registering a CAGR of 8.4%. The blocks was the highest revenue contributor with
$314.1 million in 2019, and is estimated to reach $530.6 million by 2027, registering a CAGR of 8.1%.
Global Opportunity
Forecast, 2020-2027
116
TABLE 34. UK AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 311.3 307.5 333.6 361.5 391.3 423.0 456.7 492.6 525.8 8.10%
Others 150.4 145.7 159.4 174.1 189.9 207.0 225.2 244.8 270.6 9.00%
Total 461.8 453.3 493.0 535.6 581.2 630.0 682.0 737.4 796.4 8.40%
The UK autoclaved aerated concrete (AAC) market was valued at $461.8 million in 2019, and is projected to
reach $796.4 million by 2027, registering a CAGR of 8.4%. The Residential was the highest revenue contributor
with $283.1 million in 2019, and is estimated to reach $481.0 million by 2027, registering a CAGR of 8.2%. The
Non-residential is estimated to reach $315.4 million by 2027, at a significant CAGR of 8.7%.
TABLE 35. UK AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
2020–2027
Market Total 461.8 453.3 493 535.6 581.2 630 682 737.4 796.4 8.40%

Global Opportunity
Forecast, 2020-2027
117
The UK autoclaved aerated concrete (AAC) market was valued at $461.8 million in 2019, and is projected to
reach $796.4 million by 2027, registering a CAGR of 8.4%. The walls segment was the highest revenue
TABLE 36. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 250.6 246 266.9 289.3 313.3 338.7 365.9 394.7 424.3 8.10%
Floors & Roofs 117.8 116 126.3 137.4 149.2 161.9 175.4 189.9 204.8 8.50%
Aerated
Total
Concrete (AAC) 461.8 453.3 493 535.6 581.2 630 682 737.4 796.4 8.40%

Market
Global Opportunity
Forecast, 2020-2027
118
7.3.5.3. France
FIGURE 28. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 7.4%
1,003.2
873.8 936.8
757.7 814.1
654.3 704.5
624.0 606.9
2019 2020 2021 2022 2023 2024 2025 2026 2027


Autoclaved
Aerated The France autoclaved aerated concrete (AAC) market was valued at $624.0 million in 2019, and is projected
Concrete (AAC) to reach $1,003.2 million by 2027, registering a CAGR of 7.4%. The blocks was the highest revenue contributor
Market with $424.5 million in 2019, and is estimated to reach $668.4 million by 2027, registering a CAGR of 7.2%.
Global Opportunity
Forecast, 2020-2027
119
TABLE 37. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 422.5 411.8 442.8 475.5 510.2 546.7 585.2 625.8 665.2 7.20%
Others 201.5 195.1 211.5 228.9 247.6 267.4 288.5 311.0 338.0 8.00%
Total 624.0 606.9 654.3 704.5 757.7 814.1 873.8 936.8 1,003.2 7.40%
The France autoclaved aerated concrete (AAC) market was valued at $624.0 million in 2019, and is projected
TABLE 38. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
2020–2027
Market Total 624.0 606.9 654.3 704.5 757.7 814.1 873.8 936.8 1,003.2 7.40%

Global Opportunity
Forecast, 2020-2027
120
The France autoclaved aerated concrete (AAC) market was valued at $624.0 million in 2019, and is projected
TABLE 39. FRANCE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 341.5 328.9 353.8 380.0 407.8 437.2 468.1 500.7 538.9 7.20%
Floors & Roofs 156.2 152.2 164.2 177.0 190.5 204.9 220.2 236.3 253.2 7.50%
Aerated
Total
Concrete (AAC) 624.0 606.9 654.3 704.5 757.7 814.1 873.8 936.8 1,003.2 7.40%

Market
Global Opportunity
Forecast, 2020-2027
121
7.3.5.4. Rest of Europe
FIGURE 29. REST OF EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 7.0%
4,694.4 5,008.3
4,110.8 4,395.3
3,583.9 3,840.4
3,210.2 3,110.9 3,340.8
2019 2020 2021 2022 2023 2024 2025 2026 2027


Autoclaved
Aerated The rest of Europe autoclaved aerated concrete (AAC) market was valued at $3,210.2 million in 2019, and is
Concrete (AAC) projected to reach $5,008.3 million by 2027, registering a CAGR of 7.0%. The blocks was the highest revenue
Market contributor with $2,162.8 million in 2019, and is estimated to reach $3,304.0 million by 2027, registering a
CAGR of 6.8%.
Global Opportunity
Forecast, 2020-2027
122
TABLE 40. REST OF EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 2,168.0 2,090.4 2,239.1 2,395.7 2,560.5 2,733.5 2,915.0 3,105.2 3,312.1 6.80%
Others 1,042.3 1,020.5 1,101.8 1,188.2 1,280.0 1,377.3 1,480.3 1,589.2 1,696.2 7.60%
Total 3,210.2 3,110.9 3,340.8 3,583.9 3,840.4 4,110.8 4,395.3 4,694.4 5,008.3 7.00%
The rest of Europe autoclaved aerated concrete (AAC) market was valued at $3,210.2 million in 2019, and is
projected to reach $5,008.3 million by 2027, registering a CAGR of 7.0%. The Residential was the highest
revenue contributor with $1,953.0 million in 2019, and is estimated to reach $3,001.8 million by 2027,
registering a CAGR of 6.8%. The Non-residential is estimated to reach $2,006.5 million by 2027, at a significant
CAGR of 7.3%.
TABLE 41. REST OF EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
Autoclaved
CAGR%
Aerated END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Concrete (AAC) Residential 1,957.5 1,889.1 2,025.0 2,168.2 2,319.1 2,477.7 2,644.3 2,819.0 3,008.8 6.80%
Market Non-residential 1,252.7 1,221.8 1,315.9 1,415.7 1,521.3 1,633.0 1,751.0 1,875.4 1,999.5 7.30%
Total 3,210.2 3,110.9 3,340.8 3,583.9 3,840.4 4,110.8 4,395.3 4,694.4 5,008.3 7.00%
Global Opportunity
Forecast, 2020-2027
123
The rest of Europe autoclaved aerated concrete (AAC) market was valued at $3,210.2 million in 2019, and is
projected to reach $5,008.3 million by 2027, registering a CAGR of 7.0%. The walls segment was the highest
revenue contributor with $1,754.0 million in 2019, and is estimated to reach $2,686.4 million by 2027,
registering a CAGR of 6.8%. The Floors & Roofs segment is estimated to reach $1,288.3 million by 2027, at a
significant CAGR of 7.1%. The walls and Floors & Roofs segments collectively accounted for around 80.2%
share in 2019, with the former constituting around 54.6% share. The Floors & Roofs and walls segments are
expected to witness considerable CAGRs of 7.1% and 6.8%, respectively, during the forecast period. The
TABLE 42. REST OF EUROPE AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 1,732.6 1,695.9 1,817.1 1,944.8 2,079.2 2,220.4 2,368.6 2,523.9 2,652.9 6.80%
Floors & Roofs 821.7 794.8 854.4 917.4 984.1 1,054.4 1,128.5 1,206.4 1,292.0 7.10%
Autoclaved Others 655.9 620.2 669.4 721.7 777.2 836.0 898.3 964.1 1,063.4 7.60%
Aerated
Total
Concrete (AAC) 3,210.2 3,110.9 3,340.8 3,583.9 3,840.4 4,110.8 4,395.3 4,694.4 5,008.3 7.00%

Market
Global Opportunity
Forecast, 2020-2027
124
7.4. Asia-Pacific
Asia-Pacific includes China, Japan, India, and rest of Asia-Pacific. As prosperity and access to credit has
increased in the world’s two most populous countries, China and India, people in this region have started
spending more on a wide variety of products including special building materials. Asia-Pacific thus acts as a
lucrative market for manufacturing and development of autoclaved aerated concrete (AAC).

Asia-Pacific has the largest construction market globally. The growth of the construction industry is mainly
delivered by rapid rise in per capita income, increase in urbanization, and high adoption of technologies. The
developing nations including Myanmar, Thailand, the Philippines, Vietnam, and others are highly committed
toward improvement of local infrastructure. For instance, Thailand has announced the infrastructure plan over
the period of 2016 to 2020. It also aims to spend $58.5 billion on new infrastructural developments by 2025.
Moreover, China is the largest contributor toward the AAC production and consumption in the region. The
China Building Material Federation in 2018 issued the “Guiding opinions on Promoting the Supply-side
Autoclaved Structural Reform of the Aerated Concrete Industry and Winning the three Tough Battles.” Under this, the
Aerated federation has focused on upgrading the production quality, industrializing construction, and increasing
Concrete (AAC) functions to offer multi-functional high-quality aerated concrete products. According to the China Aerated
Market Concrete Association, the overall capacity utilization rate of aerated concrete production units has improved
significantly during 2018. The capacity rate in some regions in China is around 80%. Such factors boost the
Global Opportunity
growth of the autoclaved aerated concrete (AAC) market.
Forecast, 2020-2027
125
The Asia-Pacific autoclaved aerated concrete (AAC) market was valued at $9,034.3 million in 2019, and is
projected to reach $13,751.9 million by 2027, growing at a CAGR of 6.7% from 2020 to 2027. The blocks
by 2027, registering a CAGR of 6.4%.
TABLE 43. ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 6,191.7 5,966.4 6,371.5 6,796.5 7,241.9 7,707.8 8,194.6 8,702.5 9,231.5 6.40%
Others 2,842.5 2,761.5 2,973.0 3,197.1 3,434.2 3,684.8 3,949.0 4,227.5 4,520.4 7.30%
Total 9,034.3 8,727.9 9,344.5 9,993.7 10,676.1 11,392.6 12,143.7 12,930.0 13,751.9 6.70%

Autoclaved The Asia-Pacific autoclaved aerated concrete (AAC) market was valued at $9,034.3 million in 2019, and is
Aerated projected to reach $13,751.9 million by 2027, growing at a CAGR of 6.7% from 2020 to 2027. The Residential
Concrete (AAC) segment was the highest contributor with $5,542.4 million in 2019, and is estimated to reach $8,312.3 million
Market by 2027, registering a CAGR of 6.5%. The non-residential segment is estimated to reach $5,439.6 million by
2027 at a CAGR of 7.0%.
Global Opportunity
Forecast, 2020-2027
126
TABLE 44. ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Residential 5,542.4 5,344.6 5,711.6 6,097.1 6,501.4 6,924.8 7,367.7 7,830.1 8,312.3 6.50%
Non-residential 3,491.9 3,383.3 3,632.9 3,896.6 4,174.7 4,467.8 4,776.0 5,099.9 5,439.6 7.00%
Total 9,034.3 8,727.9 9,344.5 9,993.7 10,676.1 11,392.6 12,143.7 12,930.0 13,751.9 6.70%

projected to reach $13,751.9 million by 2027, growing at a CAGR of 6.7% from 2020 to 2027. The walls
by 2027, registering a CAGR of 6.5%. The Floors & Roofs segment is estimated to reach $3,347.7 million by
2027 at a CAGR of 6.8%.
Autoclaved TABLE 45. ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
2020–2027
Market Floors & Roofs 2,179.8 2,108.2 2,259.7 2,419.3 2,587.4 2,764.1 2,949.6 3,144.1 3,347.7 6.80%
Global Opportunity Others 1,805.0 1,752.5 1,885.5 2,026.5 2,175.4 2,332.8 2,498.6 2,673.2 2,856.8 7.20%
Total 9,034.3 8,727.9 9,344.5 9,993.7 10,676.1 11,392.6 12,143.7 12,930.0 13,751.9 6.70%
Forecast, 2020-2027
127
7.4.5. Market size and forecast, by country
projected to reach $13,751.9 million by 2027, registering a CAGR of 6.7%. China was the highest revenue
contributor with $6,453.2 million in 2019, and is estimated to reach $9,351.3 Million by 2027, registering a
CAGR of 6.1%. India is estimated to reach $1,347.7 million by 2027, at a significant CAGR of 9.1%. China and
India collectively accounted for around 79.6% share in 2019, with the former constituting around 71.4% share.
India and Japan are expected to witness considerable CAGRs of 9.1% and 7.2%, respectively, during the
15.8% by 2027.
TABLE 46. ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY COUNTRY, 2019 2027($MILLION)
CAGR%
COUNTRY 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
China 6,453.2 6,196.9 6,594.7 7,009.9 7,442.9 7,893.5 8,361.8 8,847.8 9,351.3 6.1%
Japan 524.0 508.4 546.7 587.1 629.9 675.0 722.5 772.6 825.1 7.2%
Autoclaved
Aerated India 740.8 733.1 803.6 879.4 960.9 1,048.1 1,141.5 1,241.3 1,347.7 9.1%
Concrete (AAC) Rest of Asia-Pacific 1,316.3 1,289.4 1,399.6 1,517.2 1,642.5 1,776.0 1,917.8 2,068.3 2,227.8 8.1%
Market Total 9,034.3 8,727.9 9,344.5 9,993.7 10,676.1 11,392.6 12,143.7 12,930.0 13,751.9 6.7%
Global Opportunity
Forecast, 2020-2027
128
7.4.5.1. China
FIGURE 30. CHINA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 6.1%
8,847.8 9,351.3
7,893.5 8,361.8
7,009.9 7,442.9
6,453.2 6,196.9 6,594.7
2019 2020 2021 2022 2023 2024 2025 2026 2027

Autoclaved
Aerated
The China autoclaved aerated concrete (AAC) market was valued at $6,453.2 million in 2019, and is projected
Concrete (AAC)
to reach $9,351.3 million by 2027, registering a CAGR of 6.1%. The blocks was the highest revenue contributor
Market
with $4,426.9 million in 2019, and is estimated to reach $6,284.1 million by 2027, registering a CAGR of 5.8%.
Global Opportunity
Forecast, 2020-2027
129
TABLE 47. CHINA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 4,426.9 4,240.3 4,500.9 4,772.0 5,053.7 5,345.9 5,648.4 5,961.2 6,284.1 5.80%
Others 2,026.3 1,956.7 2,093.8 2,237.9 2,389.2 2,547.6 2,713.4 2,886.6 3,067.2 6.60%
Total 6,453.2 6,196.9 6,594.7 7,009.9 7,442.9 7,893.5 8,361.8 8,847.8 9,351.3 6.10%
contributor with $3,962.3 million in 2019, and is estimated to reach $5,657.5 million by 2027, registering a
CAGR of 5.9%. The Non-residential is estimated to reach $3,693.8 million by 2027, at a significant CAGR of
6.4%.
TABLE 48. CHINA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
Autoclaved
CAGR%
Aerated END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Concrete (AAC) Residential 3,962.3 3,797.9 4,034.3 4,280.4 4,536.4 4,802.2 5,077.7 5,362.9 5,657.5 5.90%
Market Non-residential 2,490.9 2,399.0 2,560.4 2,729.5 2,906.4 3,091.3 3,284.1 3,484.9 3,693.8 6.40%
Total 6,453.2 6,196.9 6,594.7 7,009.9 7,442.9 7,893.5 8,361.8 8,847.8 9,351.3 6.10%
Global Opportunity
Forecast, 2020-2027
130
contributor with $3,613.8 million in 2019, and is estimated to reach $5,143.2 million by 2027, registering a
CAGR of 5.8%. The Floors & Roofs segment is estimated to reach $2,263.0 million by 2027, at a significant
CAGR of 6.2%. The walls and Floors & Roofs segments collectively accounted for around 80.0% share in 2019,
with the former constituting around 56.0% share. The Floors & Roofs and walls segments are expected to
witness considerable CAGRs of 6.2% and 5.8%, respectively, during the forecast period. The cumulative share
TABLE 49. CHINA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 3,613.8 3,462.5 3,676.5 3,899.3 4,130.8 4,371.0 4,619.9 4,877.4 5,143.2 5.80%
Floors & Roofs 1,548.8 1,488.8 1,586.0 1,687.6 1,793.7 1,904.3 2,019.4 2,139.0 2,263.0 6.20%
Autoclaved Others 1,290.6 1,245.6 1,332.1 1,423.0 1,518.3 1,618.2 1,722.5 1,831.5 1,945.1 6.60%
Aerated
Total
Concrete (AAC) 6,453.2 6,196.9 6,594.7 7,009.9 7,442.9 7,893.5 8,361.8 8,847.8 9,351.3 6.10%

Market
Global Opportunity
Forecast, 2020-2027
131
7.4.5.2. Japan
FIGURE 31. JAPAN AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 7.2%
825.1
772.6
675.0 722.5
587.1 629.9
524.0 508.4 546.7
2019 2020 2021 2022 2023 2024 2025 2026 2027

Autoclaved
Aerated
The Japan autoclaved aerated concrete (AAC) market was valued at $524.0 million in 2019, and is projected to
Concrete (AAC)
reach $825.1 million by 2027, registering a CAGR of 7.2%. The blocks was the highest revenue contributor with
Market
$357.1 million in 2019, and is estimated to reach $550.8 million by 2027, registering a CAGR of 6.9%.
Global Opportunity
Forecast, 2020-2027
132
TABLE 50. JAPAN AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 358.1 345.6 370.7 397.1 424.9 454.1 484.9 517.1 552.3 6.90%
Others 165.9 162.8 176.0 190.1 205.0 220.9 237.7 255.5 272.8 7.70%
Total 524.0 508.4 546.7 587.1 629.9 675.0 722.5 772.6 825.1 7.20%
TABLE 51. JAPAN AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
2020–2027
Market Total 524.0 508.4 546.7 587.1 629.9 675.0 722.5 772.6 825.1 7.20%

Global Opportunity
Forecast, 2020-2027
133
TABLE 52. JAPAN AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 289.5 281.7 302.3 323.9 346.7 370.7 395.9 422.4 447.6 6.90%
Floors & Roofs 128.5 122.1 131.5 141.3 151.8 162.8 174.5 186.8 204.0 7.30%
Aerated
Total
Concrete (AAC) 524.0 508.4 546.7 587.1 629.9 675.0 722.5 772.6 825.1 7.20%

Market
Global Opportunity
Forecast, 2020-2027
134
7.4.5.3. India
FIGURE 32. INDIA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 9.1%
1,347.7
1,241.3
1,141.5
1,048.1
879.4 960.9
740.8 733.1 803.6
2019 2020 2021 2022 2023 2024 2025 2026 2027


Autoclaved
The India autoclaved aerated concrete (AAC) market was valued at $740.8 million in 2019, and is projected to
Aerated
reach $1,347.7 million by 2027, registering a CAGR of 9.1%. The blocks was the highest revenue contributor
Concrete (AAC)
with $505.9 million in 2019, and is estimated to reach $901.5 million by 2027, registering a CAGR of 8.8%.
Market
Global Opportunity
Forecast, 2020-2027
135
TABLE 53. INDIA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 508.3 499.4 546 596 649.5 706.6 767.6 832.5 905.8 8.80%
Others 232.5 233.7 257.6 283.5 311.4 341.5 373.9 408.8 441.9 9.70%
Total 740.8 733.1 803.6 879.4 960.9 1,048.10 1,141.50 1,241.30 1,347.70 9.10%
reach $1,347.7 million by 2027, registering a CAGR of 9.1%. The Residential was the highest revenue
TABLE 54. INDIA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
2020–2027
Concrete (AAC) Non-residential 289.2 284.7 313 343.5 376.4 411.8 449.8 490.5 538.2 9.40%
Market Total 740.8 733.1 803.6 879.4 960.9 1,048.10 1,141.50 1,241.30 1,347.70 9.10%

Global Opportunity
Forecast, 2020-2027
136
reach $1,347.7 million by 2027, registering a CAGR of 9.1%. The walls segment was the highest revenue
TABLE 55. INDIA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 414.7 409.4 447.7 488.9 532.9 580 630.3 683.8 740.9 8.80%
Floors & Roofs 177.6 177.5 194.7 213.3 233.3 254.7 277.7 302.3 325.9 9.20%
Aerated
Total
Concrete (AAC) 740.8 733.1 803.6 879.4 960.9 1,048.10 1,141.50 1,241.30 1,347.70 9.10%

Market
Global Opportunity
Forecast, 2020-2027
137
7.4.5.4. Rest of Asia-Pacific
FIGURE 33. REST OF ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 8.1%
2,227.8
2,068.3
1,917.8
1,642.5 1,776.0
1,399.6 1,517.2
1,316.3 1,289.4
2019 2020 2021 2022 2023 2024 2025 2026 2027


Aerated The Rest of Asia-Pacific autoclaved aerated concrete (AAC) market was valued at $1,316.3 million in 2019, and
Concrete (AAC) is projected to reach $2,227.8 million by 2027, registering a CAGR of 8.1%. The blocks was the highest revenue
Market contributor with $901.8 million in 2019, and is estimated to reach $1,495.1 million by 2027, registering a CAGR
of 7.8%.
Global Opportunity
Forecast, 2020-2027
138
TABLE 56. REST OF ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE,
2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 901.6 881.2 954.0 1,031.5 1,113.8 1,201.2 1,293.8 1,391.7 1,494.8 7.80%
Others 414.7 408.3 445.6 485.7 528.7 574.8 624.0 676.6 733.0 8.70%
Total 1,316.3 1,289.4 1,399.6 1,517.2 1,642.5 1,776.0 1,917.8 2,068.3 2,227.8 8.10%
The Rest of Asia-Pacific autoclaved aerated concrete (AAC) market was valued at $1,316.3 million in 2019, and
is projected to reach $2,227.8 million by 2027, registering a CAGR of 8.1%. The Residential was the highest
revenue contributor with $807.9 million in 2019, and is estimated to reach $1,347.3 million by 2027,
registering a CAGR of 7.9%. The Non-residential is estimated to reach $880.5 million by 2027, at a significant
CAGR of 8.4%.
Autoclaved TABLE 57. REST OF ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
Aerated CAGR%
END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
Concrete (AAC) 2020–2027
Market Residential 811.4 790.0 855.9 926.1 1,000.8 1,080.1 1,164.2 1,253.2 1,353.3 7.90%
Non-residential 504.9 499.5 543.7 591.1 641.8 695.9 753.6 815.1 874.5 8.40%
Global Opportunity
Total 1,316.3 1,289.4 1,399.6 1,517.2 1,642.5 1,776.0 1,917.8 2,068.3 2,227.8 8.10%
Forecast, 2020-2027 Source: AMR Analysis
139
The Rest of Asia-Pacific autoclaved aerated concrete (AAC) market was valued at $1,316.3 million in 2019, and
is projected to reach $2,227.8 million by 2027, registering a CAGR of 8.1%. The walls segment was the highest
revenue contributor with $730.1 million in 2019, and is estimated to reach $1,213.4 million by 2027,
registering a CAGR of 7.9%. The Floors & Roofs segment is estimated to reach $556.4 million by 2027, at a
significant CAGR of 8.2%. The walls and Floors & Roofs segments collectively accounted for around 80.2%
share in 2019, with the former constituting around 55.5% share. The Floors & Roofs and walls segments are
expected to witness considerable CAGRs of 8.2% and 7.9%, respectively, during the forecast period. The
TABLE 58. REST OF ASIA-PACIFIC AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION,
2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 728.3 713.6 772.8 835.8 902.8 974.0 1,049.3 1,129.1 1,210.3 7.90%
Autoclaved Floors & Roofs 318.9 319.8 347.5 377.0 408.6 442.2 478.0 516.1 544.1 8.20%
Aerated Others 269.2 256.1 279.3 304.3 331.1 359.8 390.4 423.1 473.4 8.70%
Global Opportunity
Forecast, 2020-2027
140
7.5. LAMEA
The LAMEA autoclaved aerated concrete (AAC) market is studied across Latin America, the Middle East, and
Africa. LAMEA is a potential market for adoption of AAC, owing to rapid urbanization and significant increase
in construction activities.

The large-scale construction projects in the Middle East and dependence on heavy digitization drive the
growth of the autoclaved aerated concrete (AAC) market in the region. The rapid urbanization and necessity
of thermal insulating construction material is likely to propel the growth of the AAC market.
Moreover, population growth, rapid urbanization, rise in adoption of green building techniques, and increase
in the need for affordable and quality housing are expected to drive the growth of the autoclaved aerated
concrete (AAC) market in LAMEA during the forecast period. For instance, according to UN (United Nations),
degree of urbanization is expected to reach 56% by 2050. In addition, in January 2020, the Government of
Egypt has launched “Green Bonds” to promote green building practices in Egypt for sustainable future. These
Autoclaved
scenarios are expected to drive the growth of the autoclaved aerated concrete (AAC) market in the region
Aerated
during the forecast period.
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
141
The LAMEA autoclaved aerated concrete (AAC) market was valued at $1,268.6 million in 2019, and is projected
to reach $2,211.1 million by 2027, growing at a CAGR of 8.5% from 2020 to 2027. The blocks segment was the
highest contributor with $863.1 million in 2019, and is estimated to reach $1,473.6 million by 2027, registering
a CAGR of 8.2%.
TABLE 59. LAMEA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 863.1 846.4 919.6 997.9 1,081.6 1,170.7 1,265.6 1,366.5 1,473.6 8.20%
Others 405.4 400.8 438.9 480.1 524.5 572.2 623.5 678.5 737.5 9.10%
Total 1,268.6 1,247.1 1,358.6 1,478.1 1,606.1 1,742.9 1,889.1 2,045.1 2,211.1 8.50%

Autoclaved The LAMEA autoclaved aerated concrete (AAC) market was valued at $1,268.6 million in 2019, and is projected
Aerated to reach $2,211.1 million by 2027, growing at a CAGR of 8.5% from 2020 to 2027. The Residential segment
Concrete (AAC) was the highest contributor with $785.5 million in 2019, and is estimated to reach $1,349.1 million by 2027,
Market registering a CAGR of 8.3%. The Non-residential segment is estimated to reach $862.0 million by 2027 at a
CAGR of 8.8%.
Global Opportunity
Forecast, 2020-2027
142
TABLE 60. LAMEA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Residential 785.5 770.8 838.1 910.2 987.2 1,069.4 1,157.0 1,250.1 1,349.1 8.30%
Non-residential 483.1 476.3 520.4 567.9 618.8 673.6 732.2 794.9 862.0 8.80%
Total 1,268.6 1,247.1 1,358.6 1,478.1 1,606.1 1,742.9 1,889.1 2,045.1 2,211.1 8.50%

to reach $2,211.1 million by 2027, growing at a CAGR of 8.5% from 2020 to 2027. The walls segment was the
highest contributor with $699.7 million in 2019, and is estimated to reach $1,197.7 million by 2027, registering
a CAGR of 8.3%. The Floors & Roofs segment is estimated to reach $548.7 million by 2027 at a CAGR of 8.6.
TABLE 61. LAMEA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
Autoclaved APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR%
2020–2027
Aerated Walls 699.7 686.3 746.0 809.8 877.9 950.6 1,028.0 1,110.3 1,197.7 8.30%
Concrete (AAC) Floors & Roofs 312.3 307.3 335.1 365.0 397.0 431.3 467.9 507.0 548.7 8.60%
Market
Others 256.5 253.5 277.4 303.3 331.2 361.1 393.3 427.8 464.7 9.00%
Global Opportunity Total 1,268.6 1,247.1 1,358.6 1,478.1 1,606.1 1,742.9 1,889.1 2,045.1 2,211.1 8.50%
Forecast, 2020-2027
143
7.5.5. Market size and forecast, by country
to reach $2,211.1 million by 2027, registering a CAGR of 8.5%. Latin America was the highest revenue
contributor with $570.9 million in 2019, and is estimated to reach $1,028.2 Million by 2027, registering a CAGR
of 9.0%. Latin America is estimated to reach $1,028.2 million by 2027, at a significant CAGR of 9.0%. Latin
America and Middle East collectively accounted for around 75.0% share in 2019, with the former constituting
around 45.0% share. Latin America and Africa are expected to witness considerable CAGRs of 9.0% and 8.5%,
respectively, during the forecast period. The cumulative share of these two segments was 70.0% in 2019, and
is anticipated to reach 71.4% by 2027.
TABLE 62. LAMEA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY COUNTRY, 2019 2027($MILLION)
CAGR%
COUNTRY 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Latin America 570.9 563.6 616.4 673.4 734.8 800.7 871.4 947.1 1,028.2 9.0%
Middle East 380.6 372.0 402.8 435.7 470.6 507.6 546.9 588.5 632.4 7.9%
Autoclaved
Aerated Africa 317.1 311.6 339.3 369.0 400.7 434.6 470.9 509.5 550.6 8.5%
Global Opportunity
Forecast, 2020-2027
144
7.5.5.1. Latin America
FIGURE 34. LATIN AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 9.0%
1,028.2
947.1
871.4
800.7
673.4 734.8
570.9 563.6 616.4
2019 2020 2021 2022 2023 2024 2025 2026 2027


Autoclaved
Aerated The Latin America autoclaved aerated concrete (AAC) market was valued at $570.9 million in 2019, and is
Concrete (AAC) projected to reach $1,028.2 million by 2027, registering a CAGR of 9.0%. The blocks was the highest revenue
Market contributor with $389.9 million in 2019, and is estimated to reach $687.8 million by 2027, registering a CAGR
of 8.7%.
Global Opportunity
Forecast, 2020-2027
145
TABLE 63. LATIN AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 389.9 383.9 418.9 456.4 496.7 539.8 586.0 635.3 687.8 8.70%
Others 181.0 179.6 197.6 217.0 238.1 260.8 285.4 311.8 340.3 9.60%
Total 570.9 563.6 616.4 673.4 734.8 800.7 871.4 947.1 1,028.2 9.00%
The Latin America autoclaved aerated concrete (AAC) market was valued at $570.9 million in 2019, and is
projected to reach $1,028.2 million by 2027, registering a CAGR of 9.0%. The Residential was the highest
revenue contributor with $353.9 million in 2019, and is estimated to reach $628.2 million by 2027, registering
a CAGR of 8.8%. The Non-residential is estimated to reach $400.0 million by 2027, at a significant CAGR of
9.3%.
TABLE 64. LATIN AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
Autoclaved
CAGR%
Aerated END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Concrete (AAC) Residential 353.9 348.8 380.8 415.3 452.3 491.9 534.4 579.8 628.2 8.80%
Market Non-residential 216.9 214.8 235.6 258.2 282.5 308.8 337 367.4 400 9.30%
Total 570.9 563.6 616.4 673.4 734.8 800.7 871.4 947.1 1,028.20 9.00%
Global Opportunity
Forecast, 2020-2027
146
The Latin America autoclaved aerated concrete (AAC) market was valued at $570.9 million in 2019, and is
projected to reach $1,028.2 million by 2027, registering a CAGR of 9.0%. The walls segment was the highest
a CAGR of 8.7%. The Floors & Roofs segment is estimated to reach $254.0 million by 2027, at a significant
TABLE 65. LATIN AMERICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 316.8 312.1 340.6 371.2 404.1 439.4 477.1 517.4 560.3 8.70%
Floors & Roofs 139.9 138.2 151.3 165.5 180.8 197.2 214.8 233.7 254 9.10%
Aerated
Total
Concrete (AAC) 570.9 563.6 616.4 673.4 734.8 800.7 871.4 947.1 1,028.20 9.00%

Market
Global Opportunity
Forecast, 2020-2027
147
7.5.5.2. Middle East
FIGURE 35. MIDDLE EAST AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 7.9%
632.4
588.5
546.9
470.6 507.6
402.8 435.7
380.6 372.0
2019 2020 2021 2022 2023 2024 2025 2026 2027

Autoclaved
Aerated
Concrete (AAC) The Middle East autoclaved aerated concrete (AAC) market was valued at $380.6 million in 2019, and is
Market projected to reach $632.4 million by 2027, registering a CAGR of 7.9%. The blocks was the highest revenue
Global Opportunity of 7.6%.
Forecast, 2020-2027
148
TABLE 66. MIDDLE EAST AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 259.4 251.6 271.7 293.1 315.8 339.8 365.1 391.8 422.2 7.60%
Others 121.2 120.4 131.1 142.5 154.8 167.9 181.8 196.7 210.2 8.50%
Total 380.6 372.0 402.8 435.7 470.6 507.6 546.9 588.5 632.4 7.90%
The Middle East autoclaved aerated concrete (AAC) market was valued at $380.6 million in 2019, and is
projected to reach $632.4 million by 2027, registering a CAGR of 7.9%. The Residential was the highest
a CAGR of 7.7%. The Non-residential is estimated to reach $244.2 million by 2027, at a significant CAGR of
8.2%.
TABLE 67. MIDDLE EAST AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
Autoclaved
CAGR%
Aerated END USER 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Concrete (AAC) Residential 236.0 231.3 250.0 269.9 291.0 313.3 336.9 361.9 386.4 7.70%
Market Non-residential 144.6 140.7 152.8 165.8 179.6 194.3 210.0 226.6 246.0 8.20%
Total 380.6 372.0 402.8 435.7 470.6 507.6 546.9 588.5 632.4 7.90%
Global Opportunity
Forecast, 2020-2027
149
The Middle East autoclaved aerated concrete (AAC) market was valued at $380.6 million in 2019, and is
projected to reach $632.4 million by 2027, registering a CAGR of 7.9%. The walls segment was the highest
a CAGR of 7.6%. The Floors & Roofs segment is estimated to reach $157.1 million by 2027, at a significant
TABLE 68. MIDDLE EAST AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 209.9 203.8 220.2 237.6 256.1 275.6 296.2 318 342.4 7.60%
Floors & Roofs 92.6 91.7 99.5 107.7 116.4 125.7 135.6 146 155.2 8.00%
Aerated
Total
Concrete (AAC) 380.6 372 402.8 435.7 470.6 507.6 546.9 588.5 632.4 7.90%

Market
Global Opportunity
Forecast, 2020-2027
150
7.5.5.3. Africa
FIGURE 36. AFRICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, 2019 2027($MILLION)
CAGR 8.5%
550.6
509.5
470.9
434.6
369.0 400.7
317.1 311.6 339.3
2019 2020 2021 2022 2023 2024 2025 2026 2027


Aerated The Africa autoclaved aerated concrete (AAC) market was valued at $317.1 million in 2019, and is projected to
Concrete (AAC) reach $550.6 million by 2027, registering a CAGR of 8.5%. The blocks was the highest revenue contributor with
Market $215.2 million in 2019, and is estimated to reach $365.9 million by 2027, registering a CAGR of 8.2%.
Global Opportunity
Forecast, 2020-2027
151
TABLE 69. AFRICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY PRODUCT TYPE, 2019 2027($MILLION)
CAGR%
PRODUCT TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Blocks 216.0 210.9 229.0 248.4 269.1 291.1 314.6 339.5 367.2 8.20%
Others 101.2 100.7 110.3 120.5 131.6 143.5 156.3 170.0 183.4 9.00%
Total 317.1 311.6 339.3 369.0 400.7 434.6 470.9 509.5 550.6 8.50%
The Africa autoclaved aerated concrete (AAC) market was valued at $317.1 million in 2019, and is projected to
TABLE 70. AFRICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY END USER, 2019 2027($MILLION)
CAGR%
2020–2027
Market Total 317.1 311.6 339.3 369.0 400.7 434.6 470.9 509.5 550.6 8.50%

Global Opportunity
Forecast, 2020-2027
152
The Africa autoclaved aerated concrete (AAC) market was valued at $317.1 million in 2019, and is projected to
TABLE 71. AFRICA AUTOCLAVED AERATED CONCRETE (AAC) MARKET REVENUE, BY APPLICATION, 2019 2027($MILLION)
CAGR%
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
2020–2027
Walls 173.9 170.5 185.2 200.9 217.7 235.6 254.7 274.9 296.4 8.20%
Floors & Roofs 76.9 77.4 84.3 91.8 99.8 108.4 117.5 127.3 134.6 8.60%
Aerated
Total
Concrete (AAC) 317.1 311.6 339.3 369 400.7 434.6 470.9 509.5 550.6 8.50%

Market
Global Opportunity
Forecast, 2020-2027
153
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
The autoclaved aerated concrete (AAC) market is fragmented in nature with a few large players such as H+H
International A/S, Xella International GmbH, and others, as well as various small sized players such as CSR Ltd.,
Biltech Building Elements, JK Laxmi Cement, and others.
These players have been adopting various strategies to gain higher share or to retain leading positions in the
market. Top winning strategies are analyzed by performing a thorough study of the leading players in the
autoclaved aerated concrete (AAC) market. Comprehensive analysis of recent developments and growth
curves of various companies help understand the growth strategies adopted by them and their potential
effect on the market.
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
154
8.1.1. Market player positioning, 2019
FIGURE 37. MARKET PLAYER POSITIONING, 2019
5.0 AKG Gazbeton Xella International

GmbH
4.5 High JK Laxmi Cement Ltd. Aercon AAC
CSR Ltd.
COMPETITIVE STRENGTH
4.0
3.5 Forterra plc H+H International A/S

Bauroc AS
3.0 HIL Limited
Medium
2.5 Ballarpur Industries
Limited (BILT)
2.0
1.5 Low
1.0
0 2 4 6 8 10 12
MARKET POSITIONING
Source: Primary & Secondary Research and AMR Analysis
Autoclaved
Aerated The above graph represents the potential of various key players in terms of their competitive strength. The
Concrete (AAC) analysis indicates the performance potential of a firm in the market with respect to its competitors. Every
Market company follows its own business strategy to attain the maximum market share. Currently, Xella International
GmbH, H+H International A/S, and AKG Gazbeton are some of the leading players operating in the global
Global Opportunity autoclaved aerated concrete (AAC) market.
Forecast, 2020-2027
155
CHAPTER 9: COMPANY PROFILES
9.1. AERCON AAC
3701 CR. 544 East
Haines City
Florida 33844
U.S.
Tel.: +1-(863)-422-6360
Website: www.aerconaac.com
9.1.1. Company overview

AERCON AAC is engaged in manufacturing of precast autoclaved aerated concrete products. It is the only
manufacturer of AAC products in the U.S. Further, it offers AAC products in load bearing and non-load
bearing forms including, blocks and panels, for applications in industrial, residential, educational, commercial,
Autoclaved and public building construction. Furthermore, it has a state-of-the-art production facility in Florida, the U.S.
Aerated The facility covers an area of 100,000 square foot for engineered panels and blocks and offers transportation
Concrete (AAC) services through truck and rail throughout the U.S.
Market
Moreover, it is a private firm; hence, its financials are unavailable on public domains.
Global Opportunity
Forecast, 2020-2027
156
9.1.2. Key executives
TABLE 72. AERCON AAC: KEY EXECUTIVES
Designation Name
General Manager Mike Mccormick
Sales Architect Monica Arango
Sales Engineer Nida Pone
Source: Corporate Publications and AMR Analysis
9.1.3. Company snapshot

TABLE 73. AERCON AAC: COMPANY SNAPSHOT
Information Description
Year of Foundation 2002
Autoclaved Primary Business AAC building products
Aerated Geographical Presence North America

Concrete (AAC) Key Strategic Moves Product launch and partnership
Market Source: Corporate Publications and AMR Analysis
Global Opportunity
Forecast, 2020-2027
157
9.1.4. Product portfolio
Aercon AAC offers autoclaved aerated concrete (AAC) products through the following product categories:
TABLE 74. AERCON AAC: PRODUCT PORTFOLIO
Product Category Brand/Product
 Standard Blocks
 Single Cored Block
 Double Cored Block
 Mine Block
Blocks
 U-Block
 Jumbo Block
 Cladding Block
 Shaft Wall Block
 8” Lintels
Lintels  10” Lintels
 12” Lintels
Autoclaved
 Vertical Wall Panel
Aerated  Horizontal Wall Panel
Concrete (AAC) Panels
 Roof Panels
Market  Floor Panels

Global Opportunity
Forecast, 2020-2027
158
9.2. AKG GAZBETON
Kazım Dirik Mahallesi
296 Sokak, No: 8/214
Bornova / İzmir
Turkey
Tel.: +90-0232-472-1200
Website: www.akg-gazbeton.com

AKG Gazbeton is a leading manufacturer of aerated concrete products. It offers products such as MINEPOR A1
class non-flammable thermal insulation materials, wall blocks, wall panels, floor panels, roof panels, jamb,
lintel, fire barrier, Minepor adhesive, insulated fill gravel, masonry glue, and light filler blocks. Further, it
provides pluggable wall blocks, straight wall blocks, and U & corner blocks. Moreover, it has production sites
at Kırıkkale, İzmir, and Çorlu in Turkey. It has a total annual manufacturing capacity for aerated concrete of
Autoclaved
1,713,960 cubic meter.
Aerated
Concrete (AAC) Furthermore, it is a part of a Germany based private firm named, AKG Group; hence, its financial details are
Market unavailable on public domains.
Global Opportunity
Forecast, 2020-2027
159
TABLE 75. AKG GAZBETON: KEY EXECUTIVE
Designation Name
General Manager Ali Şükrü Kahyaoğlu

TABLE 76. AKG GAZBETON: COMPANY SNAPSHOT
Primary Business Aerated concrete products
Geographical Presence North America, Latin America, Europe, Africa, the Middle East, Asia-Pacific
Autoclaved Source: Corporate Publications and AMR Analysis
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
160
AKG Gazbeton offers the autoclaved aerated concrete (AAC) products through following product categories:
TABLE 77. AKG GAZBETON: PRODUCT PORTFOLIO
 Straight wall blocks

Wall blocks  Pluggable wall blocks
 U and corner blocks
 Horizontal wall panels

Wall panels
 Bearing vertical wall panels
 Roof panel G3/05

Roof panels
 Roof panel G4/06
Floor panels Floor panel G4/06
Light filler blocks Light weight hollow filler blocks
Autoclaved Lintels Clear span: 90, 100, 120, 150, 180, 200, 240
Aerated Jamb Length: 120, 140, 160, 190, 220, 260, 300
Concrete (AAC) Source: Corporate Publications and AMR Analysis
Market
Global Opportunity
Forecast, 2020-2027
161
9.3. BAUROC AS
Väike-Männiku tn. 3
11216 Tallinn
Estonia
Tel.: +372-679-9080
Website: www.bauroc.eu

Bauroc AS (Bauroc) is a leading manufacturer of autoclaved aerated concrete (AAC) or aircrete products in
Europe and the largest manufacturer in of aircrete in North Europe. It provides a wide range of aircrete
products, including reinforced lintels, block products, wall elements and large roof, dry mixes, instruments,
and related accessories. Further, it has production sites in Latvia and Estonia and offers sales throughout the
Nordic and Baltic countries, as well as Switzerland, Germany, and Poland.
Autoclaved Moreover, it is a family-owned firm; therefore, its financial details are unavailable on public domain.
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
162
TABLE 78. BAUROC: KEY EXECUTIVES
Designation Name
Chairman Ivar Paplavskis
Chief Executive Officer Ivar Sikk
Chief Technical Officer Toomas Nilson

TABLE 79. BAUROC: COMPANY SNAPSHOT
Autoclaved Major Business Segment Aircrete products
Aerated Geographical Presence Estonia, Latvia, Sweden, Lithuania, Denmark, Finland, Switzerland, Germany, Iceland, and Poland
Concrete (AAC) Workforce Approximately 200 (as per the website)
Market Source: Corporate Publications and AMR Analysis
Global Opportunity
Forecast, 2020-2027
163
Bauroc offers its autoclaved aerated concrete (AAC) products through the brand names ROCLITE and bauroc
through the following product category:
TABLE 80. BAUROC: PRODUCT PORTFOLIO
 bauroc ECOTERM+
 bauroc CLASSIC
 bauroc UNIVERSAL
 bauroc ELEMENT
 bauroc HARD
Bauroc Blocks and Partition Wall Plates  bauroc ACOUSTIC
 bauroc LINTEL
 bauroc U-BLOCK
 bauroc ROOF PANELS
 bauroc WALL PANELS
Autoclaved  bauroc STAIRCASE ELEMENT
Aerated Source: Corporate Publications and AMR Analysis
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
164
9.4. BALLARPUR INDUSTRIES LIMITED (BILTECH BUILDING ELEMENTS LIMITED)
First India Place, Tower-C
Mehrauli-Gurgaon Road
Gurgaon 122 002
India
Tel.: +91-124-280-4242
Website: www.bilt.com

Ballarpur Industries Limited (BILT) is a conglomerate company which operates through two separate groups of
subsidiaries, namely, under its flagship entity BILT and BILT paper. It mainly offers writing and printing paper,
specialty paper, tissue paper, and rayon grade pulp products.
Furthermore, Biltech Building Elements Limited (Biltech Building Elements) is a part of Ballarpur Industries
Autoclaved Limited and the largest manufacturer of AAC in India. It manufactures AAC blocks, for internal and external
Aerated wall applications, as well as reinforced AAC slabs, lintels, and wall panels, under the brand name Siporex for
Concrete (AAC) applications in institutional buildings, hospitals, schools, hotels, resorts, clubhouses, and other buildings.
Market Further, it utilizes fly ash, which is a waste material generated from thermal power plants for the
manufacturing of its AAC products.
Global Opportunity
Forecast, 2020-2027
165
TABLE 81. BILT: KEY EXECUTIVES
Designation Name
Director Gautam Thapar
Chairman & Executive Director B. Hariharan
Chief Executive Officer Neehar Aggarwal

TABLE 82. BILTECH BUILDING ELEMENTS: COMPANY SNAPSHOT
Year of Incorporation 1945
Autoclaved Primary Business Writing and printing paper
Aerated Geographical Presence Europe, Latin America, Asia-Pacific, Middle East, and Africa
Concrete (AAC) 2019: 520.7
Market Overall Financial Status ($Million) 2018: 390.7
2017: 307.1
Global Opportunity Workforce No. of permanent employees 1,072 (as of March 31 2019)
Forecast, 2020-2027
166
9.4.4. Operating business segments
BILT operates its business through the following segments:
TABLE 83. BILT: OPERATING SEGMENTS
Segment Description
Uncoated Paper Offers uncoated paper for writing and printing paper business
Offers coated paper in terms of one-side coated (C1S) and both-sides coated (C2S) for paper and
Coated Paper
board product applications
Includes revenue generated from other business subsidiaries including Biltech Building Elements
Others
Limited, Avantha Power & Infrastructure Limited, Avantha Agritech Limited, and others

BILT offers autoclaved aerated concrete (AAC) products through its subsidiary BILTECH Building Elements Ltd.
Autoclaved through the following product categories:
Aerated
Concrete (AAC) TABLE 84. BILTECH BUILDING ELEMENTS: PRODUCT PORTFOLIO
Market Product Category Brand/Product
Autoclaved aerated concrete (AAC)  AAC blocks  SIPOREX AAC Wall Panels
Global Opportunity building systems  SIPOREX AAC Slab  SIPOREX AAC Lintel
Analysis and Industry Source: Corporate Publications and AMR Analysis
Forecast, 2020-2027
167
9.4.6. Business performance
BILT registered an increase in revenues by 33.3% from 2018 to 2019 owing to the growth in sales from the
uncoated paper and coated paper segments.
FIGURE 38. BILT: REVENUE, 2017 2019 ($MILLION)
Net sales ($Million)
520.7
390.7
307.1
Autoclaved 2017 2018 2019

Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
168
FIGURE 39. BILT: REVENUE SHARE BY SEGMENT, 2020 (%)
1.2%
Uncoated paper
41.2%
Coated paper
57.6%
Others
FIGURE 40. BILT: REVENUE SHARE BY REGION, 2020 (%)
18.8%
Autoclaved India
Aerated
Concrete (AAC)
Market Outsde India
81.2%
Global Opportunity
Forecast, 2020-2027
169
9.5. HIL LIMITED (BIRLA AEROCON)
Office 1 & 2, SLN Terminus, 7th floor
Near Botanical Garden, Gachibowli,
Hyderabad-500032, Telangana
India
Tel.: +91-40-3099-9000
Website: www.hil.in

HIL Limited (HIL) is a flagship company of the conglomerate firm CK Birla Group. It is engaged in providing
building materials and related solutions. It mainly operates through five major brands namely, Birla HIL,
Charminar, Charminar Fortune, Birla Aerocon, and Parador. Further, it offers its products through five business
divisions, including roofing solutions, polymer solutions, building solutions, flooring solutions, and others.
Under its building solutions segment it offers dry walling and wet walling solutions under the brand name
Autoclaved Birla Aerocon.
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
170
TABLE 85. HIL: KEY EXECUTIVES
Designation Name
Managing Director and Chief Executive

Dhirup Roy Choudhary
Officer
Chief Financial Officer KR Veerappan
Company Secretary and Financial

G Manikandan
Controller

TABLE 86. HIL: COMPANY SNAPSHOT
Autoclaved Year of Incorporation 1946
Aerated Primary Business Flooring Solutions
Concrete (AAC) Geographical Presence North America, Latin America Europe, Asia-Pacific, Middle East, and Africa
Market 2020: 365.8

Overall Financial Status ($Million) 2019: 315.6
Global Opportunity 2018: 205.7

Analysis and Industry Workforce 1,681 (as of March 31, 2020)
Forecast, 2020-2027
171
HIL operates its business through the following segments:
TABLE 87. HIL: OPERATING SEGMENTS
Segment Description
Provides manufacturing and distribution of color coated sheets, fiber cement sheets, and non-
Roofing Solutions
asbestos cement sheets
Provides manufacturing and distribution of fly ash blocks, thermal insulation products, Aerocon
Building Solutions
panels, and dry-mix
Polymer Solutions Provides manufacturing and distribution of wall putty and pipes & fitting
Provides manufacturing and distribution of engineered and resilient flooring, laminate, wall panels
Flooring Solutions
and skirting products
Others Includes operations in material handling and processing plant and Equipment and wind power
Autoclaved
Aerated
Concrete (AAC) HIL offers autoclaved aerated concrete (AAC) products through the following product category:
Market TABLE 88. HIL: PRODUCT PORTFOLIO

Global Opportunity
Analysis and Industry Birla Aerocon Autoclaved aerated concrete blocks
Forecast, 2020-2027
172
9.5.6. R&D Expenditure
FIGURE 41. HIL: R&D EXPENDITURE, 2018 2020 ($MILLION)
Expenditure ($Millions) 0.5
0.5 0.5
2018 2019 2020

Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
173
HIL registered an increase in revenues by 15.9% from 2019 to 2020 primarily due to the growth in sales of the
flooring solutions segment.
FIGURE 42. HIL: REVENUE, 2017 2019 ($MILLION)
365.8
315.6
205.7
Autoclaved
Aerated 2018 2019 2020
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
174
FIGURE 43. HIL: REVENUE SHARE BY SEGMENT, 2020 (%)
0.5%
Roofing Solutions
28.6% Building Solutions
48.5% Polymer Solutions
Flooring Solutions
12.5%
9.9% Others
FIGURE 44. HIL: REVENUE SHARE BY REGION, 2020 (%)
Autoclaved India
Aerated 48.3%
51.7%
Concrete (AAC)
Market Europe and other countries
Global Opportunity
Forecast, 2020-2027
175
9.6. CSR LTD.
Triniti 3
39 Delhi Road
North Ryde
NSW 2113
Australia
Tel.: + 61-2-9235-8000
Website: www.csr.com.au

CSR Ltd. (CSR) operates low-cost manufacturing operations and distribution services building solutions in
New Zealand and Australia. It offers products and services for applications in apartments and multi-residential
buildings, detached homes, commercial & retail, offsite and prefabricated buildings, civil & infrastructure, and
others. Further, it provides building products through AFS, Bradford Insulation, Himmel Interior Systems,
Autoclaved Cemintel, Gyprock Plasterboards, Hebel, Martini, Monier Roofing, PGH bricks, Potter Interior Systems, CSR
Aerated New Zealand, and Gove Aluminum. Through its brand Hebel, it offers high performance autoclaved aerated
Concrete (AAC) concrete for commercial, residential, and civil applications.
Market
Global Opportunity
Forecast, 2020-2027
176
TABLE 89. CSR LTD.: KEY EXECUTIVES
Designation Name
Chairman John Gillam
Managing Director Julie Coates
Chief Financial Officer David Fallu

TABLE 90. CSR LTD.: COMPANY SNAPSHOT
Autoclaved Primary Business Building products
Aerated Geographical Presence Australia and New Zealand

Concrete (AAC) Key Strategic Move Product launch and acquisition
Market 2020: 1,506.1
Overall Financial Status ($Million) 2019: 1,694.2
Global Opportunity 2018: 1,732.0
Forecast, 2020-2027 Workforce 2,823 (as of March 31, 2020)
177
CSR LTD. operates its business through the following segments:
TABLE 91. CSR LTD.: OPERATING SEGMENTS
Segment Description
Includes revenues generated from lightweight solutions, bricks, energy & roofing solutions, and
Building Products
construction systems
Generates returns from the sales of previous operating sites by advancing the sites through stages
Property of the development. Additionally, the business is also currently involved in a few large-scale
developments in Queensland, Victoria, and South Wales
Aluminum Offers products including billet, aluminum, and slab

CSR Ltd. offers its autoclaved aerated concrete (AAC) products through the Hebel brand, under the following
product category:
TABLE 92. CSR LTD.: PRODUCT PORTFOLIO

Autoclaved Brand Products
Aerated
 PowerPanel XL  PowerFloor
Concrete (AAC)  Designer range for low-rise facades  PowerFloor+
Market  PowerPanel 50  PowerFence
Hebel
 PowerPanel  PowerBlock+
Global Opportunity  PowerPattern for high-rise facades  PowerShield
Analysis and Industry  PowerPanel+  SoundBarrier
Forecast, 2020-2027
178
CSR Ltd. registered a decrease in revenues by 11.1% from 2019 to 2020, owing to the decline in growth from
building products segment.
FIGURE 45. CSR LTD.: NET SALES, 2018 2020 ($MILLION)
1,732.0
1,694.2
1,506.1
Autoclaved
Aerated 2018 2019 2020
Market
Global Opportunity
Forecast, 2020-2027
179
FIGURE 46. CSR LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
Building Products
28.1%
0.0% Property
71.9%
Aluminum
FIGURE 47. CSR LTD.: REVENUE SHARE BY REGION, 2019 (%)
3.2%
Autoclaved Australia
Aerated
Concrete (AAC)
Market Other geographical areas
96.8%
Global Opportunity
Forecast, 2020-2027
180
9.7. FORTERRA PLC
5 Grange Park Court
Roman Way
Northampton 
NN4 5EA
The UK
Tel.: +44-01604-707600
Website: www.forterraplc.co.uk

Forterra plc (Forterra) is a leading producer of manufactured masonry products in the UK and the sole
manufacturer of Fletton bricks in the country. It provides products including bricks, blocks, chimneys, roofing,
& flue systems, paving blocks, Bison precast, walling & cladding systems, and special bricks. Further, under its
blocks product portfolio, it offers Thermalite aircrete blocks for applications in cavity walls, foundations, beam
Autoclaved & block floors, solid walls, detailing, and others. In addition, it also provides aggregate blocks through the
Aerated CONBLOC brand.
Concrete (AAC)
Market Moreover, it has 18 manufacturing facilities in the UK and has a broad customer base comprising of specialist
brick merchants, residential homebuilders, and subcontractors and contractors.
Global Opportunity
Forecast, 2020-2027
181
TABLE 93. FORTERRA PLC: KEY EXECUTIVES
Designation Name
Chairman Justin Atkinson
Chief Executive Officer Stephen Harrison
Chief Financial Officer Benjamin Guyatt

TABLE 94. FORTERRA PLC: COMPANY SNAPSHOT
Autoclaved Major Business Segment Bricks and blocks

Aerated Geographical Presence The UK
Concrete (AAC) 2019: 484.7
Market Overall Financial Status ($Million) 2018: 490.7
2017: 426.0
Global Opportunity Workforce Approximately 1,900 (as per the website)
Forecast, 2020-2027
182
Forterra plc operates its business through the following segments:
TABLE 95. FORTERRA PLC: OPERATING SEGMENTS
Segment Description
Bricks and Blocks Includes manufacturing and sales of concrete blocks and clay bricks
The segment focuses on made-to-order and specification led products including chimney and roofing
Bespoke Products
solutions and precast concrete

Forterra plc offers autoclaved aerated concrete (AAC) products through the brand name Thermalite, under the
following product category:
TABLE 96. FORTERRA PLC: PRODUCT PORTFOLIO
Brand Products
Autoclaved
Aerated  Thermalite Aircrete Turbo Block
 Thermalite Aircrete Trenchblock
 Thermalite Aircrete Trenchblock Tongue
Concrete (AAC)  Thermalite Aircrete Shield
and Groove
Market Thermalite aircrete blocks

 Thermalite Aircrete Hi-Strength 7
 Thermalite Aircrete Hi-Strength Trenchblock
 Thermalite Aircrete Hi-Strength Trenchblock
 Thermalite Aircrete Hi-Strength 10 Block
Tongue & Groove
 Thermalite Aircrete Party Wall
Global Opportunity  Thermalite Aircrete Coursing Brick
Analysis and Industry  Thermalite Aircrete Floorblock
 Thermalite Aircrete Hi-Strength Coursing
Forecast, 2020-2027 Block
183
Forterra plc registered decline in revenues by 1.2% from 2018 to 2019, owing to the negative currency
translation rates.
FIGURE 48. FORTERRA PLC: REVENUE, 2017 2019 ($MILLION)
490.7
484.7
426.0
Autoclaved
Aerated 2017 2018 2019
Market
Global Opportunity
Forecast, 2020-2027
184
FIGURE 49. FORTERRA PLC: REVENUE SHARE BY SEGMENT 2019 (%)
27.1% Bricks and Blocks
72.9% Bespoke Products
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
185
9.8. H+H INTERNATIONAL A/S
Lautrupsgade 7, 5th floor
2100 Copenhagen
Denmark
Tel.: +45-3527-0200
Website: www.hplush.com

H+H International A/S (H+H International) is one of the leading providers of autoclaved aerated concrete
(AAC or aircrete) and calcium silicate units (sand lime bricks and CSUs). It mainly offers thin-joint blocks and
panels for external and internal walls, foundation blocks, reinforced beams and lintels, and reinforced
elements for walls, floors and roofs. It operates in Europe through local subsidiaries namely, H+H Benelux,
H+H Deutschland, H+H UK, H+H Polska, H+H Danmark, H+H Sverige, and H+H Switzerland. Furthermore,
H+H has 29 manufacturing units in Central and North Europe and has annual production capacity of more
Autoclaved
than four million cubic meters.
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
186
TABLE 97. H+H INTERNATIONAL A/S: KEY EXECUTIVES
Designation Name
Chief Executive Officer Michael Troensegaard Andersen
Chief Financial Officer Peter Klovgaard-Jørgensen
Chief Operating Officer Peter Lidstone
Chief Human Resources Officer Maikku Weber Hartmann

TABLE 98. H+H INTERNATIONAL A/S: COMPANY SNAPSHOT
Autoclaved Major Business Segment Autoclaved aerated concrete (AAC)
Aerated Geographical Presence Europe
Concrete (AAC) Key Strategic Move Acquisition
Market 2019: 425.8

2017: 246.1
Global Opportunity
Analysis and Industry Workforce Approximately 1,600 (as of December 31, 2019)
Forecast, 2020-2027
187
H+H International A/S operates its business through the following segments:
TABLE 99. H+H INTERNATIONAL A/S: OPERATING SEGMENTS
Segment Description
Provides production and sales of autoclaved aerated concrete (AAC or aircrete) products for wall
Aircrete (AAC)
building majorly in residential new buildings
Calcium Silicate Units (CSUs) Provides production and sales of calcium silicate units (CSU or sand lime bricks) for wall building

H+H International offers autoclaved aerated concrete (AAC) products through the following product category:
TABLE 100. H+H INTERNATIONAL A/S: PRODUCT PORTFOLIO
Brand Products
Autoclaved  Plain Faced Celcon blocks

 Scratch Marked Celcon Block
Aerated Aircrete blocks  Celcon Block Coursing Unit
Concrete (AAC)  Plain Face Celcon Plus Block
Market  Plain Faced Celcon Block

Global Opportunity
Forecast, 2020-2027
188
H+H International registered decline in revenues by 1.1% from 2019 to 2020, owing to the decrease in sales
from the Americas.
FIGURE 50. H+H INTERNATIONAL A/S: REVENUE, 2018 2020 ($MILLION)
425.8
399.8
246.1
Autoclaved
Aerated 2017 2018 2019
Market
Global Opportunity
Forecast, 2020-2027
189
FIGURE 51. H+H INTERNATIONAL A/S: REVENUE SHARE BY SEGMENT 2020 (%)
29.0% Aircrete (AAC)
71.0% Calcium Silicate Units (CSU)
FIGURE 52. H+H INTERNATIONAL A/S: REVENUE SHARE BY REGION, 2020 (%)
3.0% 0.0%
UK
Autoclaved 27.2% 30.9% Continental Western Europe

Aerated Poland
Concrete (AAC)
Market Russia
38.9% Other countries and eliminations

Global Opportunity
Forecast, 2020-2027
190
9.8.7. Key strategic moves and developments
H+H International A/S adopted acquisition as its key developmental strategy to sustain the intense
competition and improve its product portfolio.
Date Strategy Description
H+H International announced the acquisition of 51% shares of Porenbetonwerk Laussnitz

GmbH & Co. KG (PBWL) based in Germany through its German-based subsidiary H+H
December 2019 Acquisition
Deutschland GmbH. PBWL is a building material provider and is specialized in aerated
concrete products. The company generated revenues of approximately $11 billion in 2019.
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
191
9.9. JK LAXMI CEMENT LTD.
Nehru House 4,
Bahadur Shah Zafar Marg
New Delhi
India
Tel.: +91-11-6600-1112
Website: www.jklakshmicement.com

JK Laxmi Cement Ltd. (JK Laxmi Cement) is a leading producer of cement in India and is a part of the
conglomerate company JK Organization. It offers a wide range of cement products, including Portland
pozzolana cement, ordinary Portland cement, Portland slag cement, and composite cement. In addition, it also
provides value-added services and products namely, gypsum plaster, ready-mix concrete, autoclaved aerated
concrete blocks, wall putty, and construction chemicals and adhesives. Moreover, JK Laxmi Cement has
Autoclaved integrated cement manufacturing units located at Sirohi, Rajasthan, Dabok in Rajasthan, and Ahiwara in Durg
Aerated and special grinding units in Haryana, Gujarat, and Odisha in India. Annual combines cement capacity of the
Concrete (AAC) company is around 13.3 metric ton. In addition, its AAC block manufacturing plant is located at Jhajjar in
Market Haryana.
Global Opportunity
Forecast, 2020-2027
192
TABLE 101. JK LAXMI CEMENT: KEY EXECUTIVES
Designation Name
Chairman & Managing Director Bharat Hari Singhania
Vice Chairperson & Managing Director Vinita Singhania
Director B. V. Bhargava

TABLE 102. JK LAXMI CEMENT: COMPANY SNAPSHOT
Autoclaved Primary Business Cementious material
Aerated Geographical Presence India

Concrete (AAC) Key Strategic Move Partnership
Market 2020: 570.1
Global Opportunity 2018: 545.1
Forecast, 2020-2027 Workforce 1,769 (as of March 31, 2020)
193
9.9.4. Operating business segment
JK Laxmi Cement operates its business through the following reportable segment:
TABLE 103. JK LAXMI CEMENT: OPERATING SEGMENT
Segment Description
Provides manufacturing and supply of cement and cementitious products such as ready-mix
Cementious material
concrete and autoclaved aerated concrete (AAC) blocks

JK Laxmi Cement offers its autoclaved aerated concrete (AAC) products through the following product
categories:
TABLE 104. JK LAXMI CEMENT: PRODUCT PORTFOLIO
Autoclaved Product Category Brand/Product
Aerated Autoclaved aerated concrete (AAC) JK SMARTBLOX
Market
Global Opportunity
Forecast, 2020-2027
194
9.9.6. R&D expenditure
FIGURE 53. JK LAXMI CEMENT: R&D EXPENDITURE, 2018 2020 ($MILLION)
Expenditure ($Millions)
1.1
1.0
0.9
2018 2019 2020

Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
195
JK Laxmi Cement registered an increase in revenues by 2.7% from 2019 to 2020, owing to the surge in sales of
cementitious material.
FIGURE 54. JK LAXMI CEMENT: REVENUE, 2018 2020 ($MILLION)
570.1
554.9
545.1
Autoclaved
Aerated 2018 2019 2020
Market
Global Opportunity
Forecast, 2020-2027
196
9.10. XELLA INTERNATIONAL GMBH
Düsseldorfer Landstr. 395
D-47259 Duisburg
Germany
Tel.: +49-203-60880-0
Website: www.xella.com

Xella International GmbH (Xella) is a leading provider of building materials and related industrial solutions
globally. It mainly operates through two business divisions, namely, building materials and insulation. Under
its building materials division, it provides mineral insulation boards, calcium silicate units, and autoclaved
aerated concrete (AAC) through the brands Multipor, Silka, and Hebel and Ytong, respectively. Moreover, Xella
has 95 production plants and sales organizations in more than 25 countries globally.
Autoclaved Furthermore, Lone Star Funds, a private equity firm, acquired Xella in April 2017.
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
197
TABLE 105. XELLA: KEY EXECUTIVES
Designation Name
Chief Executive Officer Christophe Clemente
Chief Financial Officer Dr. Jens Kimmig

TABLE 106. XELLA: COMPANY SNAPSHOT
Major Business Segment Building materials
Autoclaved Geographical Presence North America and Europe
Aerated Key Strategic Moves Merger

Concrete (AAC) 2019: 1,791.7
Market Overall Financial Status ($Million) 2018: 1,771.0
2017: 1,578.4
Global Opportunity Workforce 7,290 (as of December 31, 2019)

Forecast, 2020-2027
198
Xella offers autoclaved aerated concrete (AAC) products through the brands Ytong, and Hebel through the
following product categories:
TABLE 107. XELLA: PRODUCT PORTFOLIO
 Blocks
Ytong  U-Form Blocks
 Reinforced lintels
 Masonry
 Power floor
 Power panel
Hebel  Wall panel
 Vertical load-bearing wall panel
 Slab panel
 Fence panel
Autoclaved Source: Corporate Publications and AMR Analysis
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
199
Xella registered an increase in revenues by 1.2% from 2018 to 2019 primarily, owing to gradual growth in
sales throughout the segments.
FIGURE 55. XELLA: REVENUE, 2017 2019 ($MILLION)
1,791.7
1,771.0
1,578.4
Autoclaved
2017 2018 2019
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
200
9.10.6. Key strategic moves and developments
Xella adopted merger as its key developmental strategy to sustain the intense competition and improve its
product portfolio.
Date Strategy Description
Xella Group announced the merger with the Italy-based company Cementeria Constantinopoli.
The company Cementeria holds 100% ownership of the aerated concrete manufacturer
May 2019 Merger
Atella's Doc Airconcrete. The merger enhances the market position of Xella in the Italian AAC
market.
Autoclaved
Aerated
Concrete (AAC)
Market
Global Opportunity
Forecast, 2020-2027
201
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The publication is solely for our customers’ internal use. It is acknowledged by our customer, by placing the order
that no part of this strategic business/market analysis service is for general publication or disclosure to third party.
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Aerated listed on Allied Market Research website and by placing the order online through credit card or wire transfer or
Concrete (AAC) any other means, I/we do hereby accept the same.
Market
Global Opportunity FOR INFORMATION REGARDING PERMISSIONS, CONTACT:
Forecast, 2020-2027 Tel: U.S.:+1 (503 894-6022) | UK: +44-845-528-1300
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Global Autoclaved Aerated Concrete AAC Market, 2020-2027

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2021

AUTOCLAVED AERATED CONCRETE

EMISPDF us-eyintranet from 212.199.34.114 on 2021-03-11 13:03:10 GMT. DownloadPDF.

Precast Construction Market-Forecast, 2014-2022

Modular Construction Market-Forecast, 2019-2026

1.4.2. Secondary research................................................................................................................ 40

1.4.3. Analyst tools and models .................................................................................................... 40

CHAPTER 2: EXECUTIVE SUMMARY............................................................................ 41

Global Opportunity 3.2. Key findings............................................................................................................... 47

3.3. Porter's five forces analysis ..................................................................................... 49

3.5.1.1. Advantageous characteristics of AAC such as fire resistance,

3.5.2. Restraint ..................................................................................................................................... 60

3.5.2.1. High dependence on substitutional products .......................................................60

4.2. Blocks ......................................................................................................................... 66

4.2.2. Market size and forecast, by region ............................................................................... 67

4.2.3. Market analysis, by country................................................................................................ 68

4.3. Others ........................................................................................................................ 69

4.3.2. Market size and forecast, by region ............................................................................... 70

5.2.2. Market size and forecast, by region ............................................................................... 75

5.2.3. Market analysis, by country ................................................................................................ 77

5.3. Non-residential ......................................................................................................... 78

5.3.2. Market size and forecast, by region ............................................................................... 79

5.3.3. Market analysis, by country ................................................................................................ 80

CHAPTER 6: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY

6.2.2. Market size and forecast, by region ............................................................................... 85

6.3.2. Market size and forecast, by region ............................................................................... 88

6.3.3. Market analysis, by country ................................................................................................ 89

6.4. Others ........................................................................................................................ 90

6.4.2. Market size and forecast, by region ............................................................................... 91

6.4.3. Market analysis, by country ................................................................................................ 92

CHAPTER 7: AUTOCLAVED AERATED CONCRETE (AAC) MARKET, BY

7.2.2. Market size and forecast, by product type .................................................................. 97

7.2.5.1. U.S. ......................................................................................................................................... 100

7.2.5.1.2. Market size and forecast, by end user ............................................. 101

7.2.5.1.3. Market size and forecast, by application ........................................ 102

7.2.5.2. Canada ................................................................................................................................. 103

7.2.5.2.2. Market size and forecast, by end user ............................................. 104

7.2.5.2.3. Market size and forecast, by application ........................................ 105

7.2.5.3. Mexico .................................................................................................................................. 106

7.2.5.3.2. Market size and forecast, by end user ............................................. 107

7.3.2. Market size and forecast, by product type ................................................................ 110

7.3.5.1. Germany .............................................................................................................................. 113

7.3.5.1.2. Market size and forecast, by end user ............................................. 114

7.3.5.1.3. Market size and forecast, by application ........................................ 115

7.3.5.2. UK ........................................................................................................................................... 116

7.3.5.2.2. Market size and forecast, by end user ............................................. 117

7.3.5.2.3. Market size and forecast, by application ........................................ 118

7.3.5.3. France ................................................................................................................................... 119

7.3.5.3.2. Market size and forecast, by end user ............................................. 120

7.3.5.4.2. Market size and forecast, by end user ............................................. 123

7.4.2. Market size and forecast, by product type ................................................................ 126

7.4.3. Market size and forecast, by end user ......................................................................... 126

7.4.4. Market size and forecast, by application .................................................................... 127

7.4.5. Market size and forecast, by country ........................................................................... 128

7.4.5.1. China ..................................................................................................................................... 129

7.4.5.1.2. Market size and forecast, by end user ............................................. 130

7.4.5.1.3. Market size and forecast, by application ........................................ 131

7.4.5.2. Japan ..................................................................................................................................... 132

7.4.5.4.2. Market size and forecast, by end user ............................................. 139

7.4.5.4.3. Market size and forecast, by application ........................................ 140

7.5. LAMEA ..................................................................................................................... 141

7.5.2. Market size and forecast, by product type ................................................................ 142

7.5.3. Market size and forecast, by end user ......................................................................... 142

7.5.4. Market size and forecast, by application .................................................................... 143