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Showing posts with label Global autoclaved aerated concrete market growth. Show all posts
Showing posts with label Global autoclaved aerated concrete market growth. Show all posts

Thursday, 19 November 2020

04:34

Why will Sales of Autoclaved Aerated Concrete Blocks Boom in Asia-Pacific in Future?

The rising urbanization and industrialization in various countries is pushing up the requirement for autoclaved aerated concrete (AAC) blocks. AAC has low cost and great resistance to fire and earthquake and is therefore, widely used in construction activities. As these blocks are available in multiple sizes, their usage brings down the construction time by as much as 20%. Besides rapid urbanization and industrialization, the increasing construction of roadways is also boosting the sales of AAC blocks across the globe.

 

Furthermore, the soaring construction of residential buildings in several countries, on account of the surging population, is causing a sharp surge in the demand for autoclaved aerated concrete blocks. With the escalating pollution and deteriorating air quality levels, the demand for sound-proof and green buildings is growing rapidly all over the world. The production of these substances is very environment-friendly as these materials are made up of non-hazardous ingredients. Moreover, these materials do not emit toxic gases.

 

Due to the above-mentioned factors, the sales of AAC blocks are climbing, which is, in turn, fueling the expansion of the global autoclaved aerated concrete  market. The market valuation is predicted to grow from $4,498.5 million to $8,314.9 million from 2019 to 2030. The market would also advance at a CAGR of 6.0% between 2020 and 2030. Depending on application, the market is divided into road sub-base, bridge sub-structure, concrete pipe, construction material, roof insulation, and void filling. 


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/autoclaved-aerated-concrete-market/report-sample

 

Globally, the autoclaved aerated concrete market is predicted to exhibit lucrative growth in the Asia-Pacific (APAC) region in the forthcoming years. This would be a result of the growing usage of AAC blocks in construction and infrastructural development activities in countries such as India, Japan, and China. Moreover, the ballooning construction activities such as the rapid development of schools, hospitals, and houses in the regional countries are boosting the market advancement. 

 

Hence, it can be said with full certainty that the demand for AAC would explode all over the world in the years to come, mainly because of the increasing construction and infrastructural development activities in several countries and the rapid construction of sound-proof and green buildings around the world.