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(EstateNewsWire.com, November 06, 2019 ) Market Overview
According to market research at DMI, Global Africa Autoclaved Aerated Concrete Market was valued at USD xx million in 2019
The market valuation is pegged at USD xx million by 2026.
AAC has several advantages over other building materials. Some of them are:
water barrier, and
AACs advantages in construction are its quick and easy installation. The material can be routed, sanded and cut to size on site using standard carbon tip band saws, hand saws, and drills.
AAC has the potential to avert 200mn tonnes of CO2 emissions, saving 20 billion every year.
The demand from end-user industries such as residential, commercial and industrial is increasing thereby boosting the growth of Africa autoclaved aerated concrete market size.
The growth factors for Autoclaved Aerated Concrete panels segment are high flexibility and low-cost building solutions.
The Africa Autoclaved Aerated Concrete market report is segmented-
By Product into Blocks, Panels (Wall Panel, Floor Panel, Roof Panel, and Cladding Panel), Glue and Mortar, Lintels, and AAC Tools.
By End-User, the market consists of three segments namely Residential, Commercial, and Industrial.
Geographically, the market is segmented into South Africa, Mozambique, Zimbabwe, Botswana, Namibia, and Other African Countries.
AAC blocks segment is the most significant part of African autoclaved aerated concrete market share.
o The reasons for this are their high strength to weight ratio, stability to variations in temperature and humidity, low thermal conductivity, and resistance to fire.
Based on End-user, Residential Construction is the largest market segment.
o As AAC is cost-effective, it reduces the building cost and improves quality of residential buildings.
o Besides, the rising demand for green and soundproof residential buildings leads to increase in demand for Africa Autoclaved Aerated Concrete in residential buildings.
Some active players of Africa Autoclaved Aerated Concrete Market are:- AAC-Africa, Litestone Group, AAC Mining Executors Group, UltraTech Cement Ltd, and AKG Gazbeton.
In July 2016, UltraTech Cement partnered with Jaypee Group to acquire its cement assets worth INR 161.89 billion.
In August 2016, Tarmac acquired 11 ready-mix concrete sites from Breedon Aggregates and Hope Construction Materials based out in the United Kingdom.
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