Report ID: SQMIG15F2093
Report ID:
SQMIG15F2093 |
Region:
Global |
Published Date: March, 2024
Pages:
184
|
Tables:
66 |
Figures:
75
Global Autoclaved Aerated Concrete (AAC) Market size was valued at USD 10.5 billion in 2022 and is poised to grow from USD 11.18 billion in 2023 to USD 18.51 billion by 2031, growing at a CAGR of 6.50% during the forecast period (2024-2031).
The global Autoclaved Aerated Concrete (AAC) market is experiencing steady growth as it continues to gain traction in the construction industry. AAC, renowned for its lightweight yet durable properties, has emerged as a preferred choice for sustainable construction practices. Its exceptional thermal insulation capabilities and fire-resistant qualities make it an attractive option for builders worldwide.
In addition to its structural benefits, AAC aligns well with the increasing focus on environmental sustainability, as it utilizes less raw material and energy during production compared to traditional building materials.
Moreover, growing urbanization and the need for energy-efficient structures are driving the demand for AAC in both residential and commercial construction projects. As the construction industry increasingly embraces eco-friendly and energy-efficient solutions, the AAC market is expected to witness further expansion in the coming years.
US Autoclaved Aerated Concrete (AAC) Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15F2093