Africa Autoclaved Aerated Concrete Market is segmented By Product (Blocks, Panels, Glue and Mortar, Lintels, AAC Tools), and By End-User (Residential, Commercial, Industrial) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Africa Autoclaved Aerated Concrete Market Report Overview
The Africa Autoclaved Aerated Concrete Market report analyzes the market size, shares, recent trends, competitive intelligence, and future market outlook. Autoclaved aerated concrete (AAC) is a lightweight, precast building material made from all-natural materials. The market is driven by the increasing demand for eco-friendly and energy-efficient construction materials, particularly in the residential sector. Key players in the Africa Autoclaved Aerated Concrete Market include Xella Group, H+H International A/S, AerBlock, UltraTech Cement Ltd, and other prominent players operating in the market.
Africa Autoclaved Aerated Concrete Market Scope and Summary
Metrics
|
Details
|
Market CAGR
|
6.2%
|
Segments Covered
|
By Product, By End-User, and By Region
|
Report Insights Covered
|
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.
|
Fastest Growing Region
|
Asia Pacific
|
Largest Market Share
|
North America
|
For more insights - Download the Sample
Africa Autoclaved Aerated Concrete Market Dynamics and Trends
- The AAC blocks segment is the most significant part of the African autoclaved aerated concrete market share.
- The reasons for this are their high strength-to-weight ratio, stability to variations in temperature and humidity, low thermal conductivity, and resistance to fire.
- Based on End-user, Residential Construction is the largest market segment.
- As AAC is cost-effective, it reduces the building cost and improves the quality of residential buildings.
- Besides, the rising demand for green and soundproof residential buildings leads to an increase in demand for Africa Autoclaved Aerated Concrete in residential buildings.
- AAC’s advantages in construction are its quick and easy installation. The material can be routed, sanded, and cut to size on-site using standard carbon tip band saws, hand saws, and drills.
- AAC has the potential to avert 200mn tonnes of CO2 emissions, saving 20 billion every year.
- The demand from end-user industries such as residential, commercial, and industrial is increasing thereby boosting the growth of Africa's autoclaved aerated concrete market size.
- The growth factors for Autoclaved Aerated Concrete panels segment are high flexibility and low-cost building solutions. signals
- Emerging Companies
- Manufacturers
AAC has several advantages over other building materials. Some of them are
- High strength,
- thermal Insulation,
- environment-friendly/go-green nature,
- sound-proof,
- energy efficient,
- pest resistant,
- fire-resistant,
- water barrier, and
- Cost-effective
Africa Autoclaved Aerated Concrete Market Segmentation
The Africa Autoclaved Aerated Concrete market report is segmented-
By Product into Blocks, Panels (Wall Panel, Floor Panel, Roof Panel, and Cladding Panel), Glue and Mortar, Lintels, and AAC Tools.
By End-User, the market consists of three segments namely Residential, Commercial, and Industrial.
Geographically, the market is segmented into South Africa, Mozambique, Zimbabwe, Botswana, Namibia, and Other African Countries.
Aerated Concrete Market Companies
Some active players in the Africa Autoclaved Aerated Concrete Market are:- AAC-Africa, Limestone Group, AAC Mining Executors Group, UltraTech Cement Ltd, and AKG Gazbeton.
Recent developments in Aerated Concrete Market
- In July 2016, UltraTech Cement partnered with Jaypee Group to acquire its cement assets worth INR 161.89 billion.
- In August 2016, Tarmac acquired 11 ready-mix concrete sites from Breedon Aggregates and Hope Construction Materials based out in the United Kingdom.