In a recent published report, Kenneth Research has updated the market report for Autoclaved Aerated Concrete Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Autoclaved Aerated Concrete Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.
The Autoclaved Aerated concrete also called autoclaved lightweight concrete is a lightweight foam concrete material. It is produced by mixing raw material like cement, lime, sand, aluminium powder and anhydrite. It has a very low density when compared to normal concrete. The advantages that Autoclaved Aerated concrete over normal concrete is the superior resistance which it offers against fire, wind, solar damage, seismic fluctuations and pests. It is also a green construction material that is recyclable, this helps the end-user with water and energy savings.
The Autoclaved Aerated concrete market is expected to grow at a rapid rate in the coming years. The market is expected to grow at an annual CAGR of XX.XX%. This growth can be attributed to the increasing awareness and usage of green construction material over traditional construction material. The increasing demand for soundproof buildings is also expected to increase the demand for autoclaved Aerated concrete material. And also because the use of Autoclaved Aerated concrete would reduce the cost of construction by a considerable amount, the residential construction is also expected to shift to Autoclaved Aerated concrete over traditional construction material.
On the other side of the coin, the reasons which could slow down the growth in the Autoclaved Aerated concrete market are the limited facilities for the production of Autoclaved Aerated concrete, higher initial cost over traditional construction material.
The market for Autoclaved Aerated concrete market can be segmented based on the type, application, end-user.On the basis of type, the Autoclaved Aerated concrete market can be segmented into Blocks, panels, tiles, lintels and others. On the basis of Applications, the market for Autoclaved Aerated concrete market can be segmented into construction material, Roof insulation, roof sub-bases, bridge sub-structures, concrete pipes and others. On the basis of End-user, the market for Autoclaved Aerated concrete market can be segmented into commercial buildings, residential buildings, Infrastructure and others.
The market for Autoclaved Aerated concrete based on geographies can be categorized into north America, Europe, Asia-Pacific, South America, Middle East and Africa. The highest market for Autoclaved Aerated concrete market is considered to be the European region. This can be attributed to the construction sector which had plunged in recent times. The next biggest market would be Asia-Pacific, because of the high growth rate and also the increasing need for disaster-resistant buildings in countries like India and China.
The Key players in the printing Ink industry are Xella Group, Aeroc International AS, UltraTech, ACICO Industries, H+H International A/S
Report ContentsRegional AnalysisReport Highlights
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
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US and Canada
Mexico, Brazil, Argentina and the Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
The Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of the Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market Dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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