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Africa Autoclaved Aerated Concrete Market Size, Share, Industry, Forecast and outlook (2024-20301)

Published: September 2024 || SKU: MA115
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Africa Autoclaved Aerated Concrete Market is segmented By Product (Block, Panels, Cladding Panels, Roof Panels, Wall Panels, Tiles, Beams & Lintels, Others), and By End-User (Residential, Commercial) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Market Overview

Africa Autoclaved Aerated Concrete Market is expected to grow at a CAGR of 5.1% during the forecast period 2024-2031.

The industry is projected to experience rapid expansion as a result of growing focus on environmentally friendly and soundproof structures. Furthermore, characteristics such as the low weight, appealing texture and wide range of applications of this product are anticipated to influence its usage. The rise in demand for the material in the building and construction sector can be ascribed to its unparalleled characteristics, including greater thermal insulation capacity and superior molding ability in comparison to traditional materials such as cement bricks and burnt clay blocks.

Autoclaved Aerated Concrete (AAC) is a lightweight and environmentally friendly construction material derived from natural resources including sand, cement, lime and aluminum powder. The production method of this product entails little energy consumption and results in lower greenhouse gas emissions in comparison to conventional construction materials such as concrete or brick. Given the growing importance of sustainability and environmental issues, there is a rising need for green construction materials such as AAC that provide energy efficiency, recyclability and a smaller carbon footprint.

China's considerable economic footprint in Africa, achieved by investments and development initiatives, has had a profound impact on the construction industry. The Belt and Road Initiative has enabled significant infrastructure developments, notably in the fields of transportation and energy, in many African countries. The building industry in Africa, albeit less competitive, presents significant growth prospects that attract prominent international participants.

The consolidation is anticipated to intensify market rivalry, with substantial contributions from firms such as Vinci, Bouygues and Chinese construction behemoths. Contemporary advancements, such as the implementation of renewable energy initiatives and the creation of data centers, highlight the ever-changing character of the sector and its potential for ongoing progress.

Report Scope

Metrics

Details

CAGR

5.1%

Size Available for Years

2022-2031

Forecast Period

2024-2031

Data Availability

Value (US$)

Segments Covered

Product and Application

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, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights.

 

Dynamics

Industrialization and Urbanization in Africa

It is anticipated that the fast rate of industrialization and urbanization in Africa will greatly stimulate construction activities in the region. Owing to the lightweight and energy-efficient characteristics of AAC, contractors and engineers strongly favor AAC blocks, which is anticipated to stimulate the expansion of the autoclaved aerated concrete sector. The main factor propelling the expansion of the autoclave aerated concrete (AAC) market is industrialization, especially in developing nations.

Anticipated drivers of the demand include rising purchasing power, urbanization, population growth and the necessity for affordable housing. Aerosol activated cement (AAC) is manufactured utilizing fly-ash, a commonly available byproduct of thermal power plants in significant numbers. Composed of gypsum, limestone, cement and small amounts of aluminum, this mixture is more economically efficient than the sand and anhydrite often used in conventional concrete products.

Competitive Pressure and Material Limitations Restraining AAC Adoption in Africa

One notable limitation is the rivalry posed by conventional building materials like clay bricks and concrete blocks, which have a more well-established presence and are extensively employed throughout Africa. A lack of experience with the material or concerns about its performance in the region's varied climates may give rise to reluctance among construction firms and contractors to embrace AAC.

Furthermore, the limited awareness of AAC's advantages among customers and builders, coupled with inadequate marketing efforts, can restrict the material's acceptance in the African market. The aerated nature of AAC results in its porosity and brittleness. like AAC products require more caution in handling compared to materials like as clay bricks. The factor is also anticipated to impede the expansion of the autoclaved aerated concrete market.

Segmentation Analysis

The Africa autoclaved aerated concrete market is segmented based on product and application.

Application in the commercial sector dominated the market

Commercial building constructions encompass a wide range of establishments such as shopping malls, supermarkets, hypermarkets, departmental stores, hospitals & clinics, restaurants & hotels, resorts and various other institutions. Commercial constructions typically refer to major buildings or a group of buildings that need rapid construction using robust materials to withstand heavy loads and adverse weather conditions.

Autoclave aerated concrete provides inherent design flexibility and adaptability, enabling architects and builders to conceive a diverse array of architectural styles and configurations. Architectural AAC blocks or panels can be readily tailored to fulfill precise design specifications, such as curving walls, complex forms or expansive apertures. The inherent lightweight properties of autoclave aerated concrete facilitate the construction of taller buildings with diminished structural loads, hence broadening the range of design options.Top of Form

Competitive Landscape

The major players in the African market include Bamburi Cement, Lafarge, Xella, AAC-Africa, Everite and Sika Kenya Ltd.

By Product

  • Block
  • Panels
  • Cladding Panels
  • Roof Panels
  • Wall Panels
  • Tiles
  • Beams & Lintels
  • Others

By Application

  • Residential
  • Commercial

Key Developments

  • In January 2022, Xella declared the divestiture of its insulation business unit URSA to Etex, a Belgian-based multinational maker of building materials and a trailblazer in lightweight construction. The transaction encompasses a total of 13 manufacturing facilities located in Spain, France, Belgium, Italy, Germany, Poland, Slovenia and Russia.

Why Purchase the Report?

  • To visualize the Africa autoclaved aerated concrete market segmentation based on product and application, as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development.
  • Excel data sheet with numerous data points of the autoclaved aerated concrete market with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as Excel consisting of key products of all the major players.

The Africa autoclaved aerated concrete market report would provide approximately 24 tables, 21 figures and 125 pages.

Target Audience 2024

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
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FAQ’s

  • The Africa Autoclaved Aerated Concrete Market is estimated to grow at a CAGR of 6.2% during the forecast period 2024-2031

  • Key players are AAC-Africa, Limestone Group, AAC Mining Executors Group, UltraTech Cement Ltd, and AKG Gazbeton.
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