Autoclaved Aerated Concrete Market Porter Analysis Identifies Competitive Forces Within The Market

CITY, Country, 2019-Jul-24 — /EPR Network/ —On the basis of application, the autoclaved aerated concrete market is segmented into construction material, road sub bases, roof insulation, bridge sub-structure, void filling, concrete pipes, and others; ‘others’ include shock and blast mitigation, site reconstruction, anti-corrosion fill, pavement base, and shock absorbing concrete. Of these, construction materials hold the largest share in the autoclaved aerated concrete market, attributed to its high use in the construction of high rise buildings, owing to its superior properties such as better heat prevention, better sound absorption, and lighter quality as compared to traditional concrete.

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Among all regions, APAC contributed the highest revenue to the autoclaved aerated concrete market, valued at more than 33.0%, in 2017. This is attributed to the rapid urbanization in the region, in order to meet the demand of the increasing population. Additionally, the growing need of better infrastructure to improve the quality of lives for people and economic development in the region are driving the market growth in APAC. Furthermore, the demand of autoclaved aerated concrete is increasing in the region, owing to its environment-friendly properties, which have become the major concern.

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Increasing concern over safety of construction buildings from natural calamities has attracted the attention of the construction industry. The industry is constantly focusing on making materials that can withstand such incidents including earthquakes. Owing to light weight of these concrete blocks, the mass of the structure gets reduced, decreasing the impact of earthquake on the building. The tiny air pores in these concrete blocks and their thermal mass provides excellent thermal insulation, which in turn reduces the load on heating and air conditioning systems of the building, hence reducing energy consumption and cost. All these factors are resulting in the growth of the autoclaved aerated concrete market.

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