市場調查報告書
商品編碼
1563746
印度的AAC砌塊和面板市場:各產品類型,各最終用途,各地區,機會,預測,2018年~2032年India AAC Blocks and Panels Market Assessment, By Product Type [Blocks, Panels, Lintels, Others], By End-use [Residential, Commercial, Industrial], By Region, Opportunities and Forecast, FY2018-FY2032F |
印度 AAC 砌塊和面板市場規模在 2025-2032 年預測期內以複合年增長率 11.51% 擴大,從 2024 年的 5.5 億美元增長到 2032 年的 13.1484 億美元。印度提倡永續建築和廢棄物管理,是加氣混凝土塊和板材的主要市場。促進房地產行業可持續發展和創新理念的政府計劃,特別是在建築設備和材料方面,正在為加氣混凝土塊和面板市場創造潛力。新創公司和建築材料巨頭正在擴大其 AAC 產品線,以應對住宅和商業空間採用 AAC 砌塊和面板的趨勢。
印度作為一個新興經濟體,正在重建其基礎設施並為未來做好準備。這個過程涉及從傳統建築材料轉向可持續和輕質材料的轉變。由於具有隔熱、耐用性高、尺寸範圍廣等優點,AAC 正在被考慮使用。印度政府正在透過各種措施和法規促進綠色建築材料的使用。這也包括鼓勵能源效率和永續建築方法的政策,間接推動了AAC區塊市場的發展。政府支持的兩個著名的綠色建築評級系統是印度綠色建築委員會(IGBC)和綜合棲息地評估綠色評級(GRIHA)。隨著印度政府授予建築項目綠色認證,AAC 的採用率預計將會更高並擴大。
印度政府正致力於透過關鍵產業轉型來減少碳排放。建築業是最大的行業之一,正在採取措施促進簡單、快速的操作並減少對環境的影響。市場參與者正在透過專門為印度建築開發的客製化產品線來擴大他們在印度的製造空間。不同的大氣和極端氣候影響適合在住宅和商業空間中採用 AAC 面板和砌塊。拉達克、拉賈斯坦邦和喜馬拉雅山等地區容易受到極端氣候的影響,因此建築材料被用來幫助維持室內空間的平衡溫度。
本報告提供印度的AAC砌塊和面板市場相關調查,提供市場概要,以及各產品類型,各最終用途,各地區趨勢,及加入此市場的主要企業簡介等資訊。
India AAC blocks and panels market is projected to witness a CAGR of 11.51% during the forecast period FY2025-FY2032, growing from USD 550 million in FY2024 to USD 1314.84 million in FY2032. India is a leading market for AAC blocks and panels as it promotes sustainable construction and waste management. Government programs promoting sustainable development and innovative ideas in the field of real estate, especially for construction equipment and materials, create a potential in the autoclaved aerated concrete blocks and panels market. Startups and building material giants have expanded their AAC product line, following the adoption trend of AAC blocks and panels in residential and commercial spaces.
India, as an emerging economy, is reshaping its infrastructure and making it future-ready. This process involves a shift from traditional building material to a sustainable and lightweight material. AAC comes under play as it offers advantages such as thermal insulation, higher durability, and a long range of sizes. The Indian government is promoting the use of green building materials through various initiatives and regulations. This includes policies that encourage energy efficiency and sustainable construction practices, which indirectly boost the AAC blocks market. Two well-known green building rating systems are supported by the government are the Indian Green Building Council (IGBC) and the Green Rating for Integrated Habitat Assessment (GRIHA). The higher adoption rate of AAC is expected to expand as the government of India awards construction projects that get green certification.
For instance, in June 2024, Apeejay Surrendra Park Hotels Limited announced that The Park Hyderabad was certified as an IGBC Platinum establishment. The council granted the accreditation using its Green Existing Buildings O&M Rating System.
Focus on Sustainable Construction to Expand Market Growth
The Indian government is focusing on limiting the carbon footprint by transforming major sectors. The construction sector, being one of the largest sectors is adopting the measures that promote easy and fast operability, reducing its impact on the environment. The market players are expanding their manufacturing spaces in India with customized product lines developed especially for Indian construction. The diverse atmosphere and extreme climate effects help the residential and commercial spaces in the adoption of AAC panels and blocks. Regions such as Ladakh, Rajasthan, and the greater Himalayas are prone to extreme climate episodes and hence adopt construction material that helps indoor spaces maintain a balanced temperature.
The wide application range of AAC panels and blocks is expected to fuel market growth. Modern AAC production utilizes advanced machinery and automation to increase precision and consistency in block production. This includes improved control systems for mixing, molding, and curing. Higher demand for AAC blocks and panels is attributed to the tax incentives in commercial construction along with rapidly rising demand from tier 2 and tier 3 cities. Hence, major business giants in India are setting up their AAC plants in the country.
For instance, in January 2023, BK Modi Group announced its investment of USD 1 billion over the next five years in the Indian real estate and wellness space. The group will set up a manufacturing facility to produce autoclaved aerated concrete blocks and panels, prefabricated steel structures, and a glass processing plant, aiming to reduce the time required for project completion by utilizing the latest global technology.
Higher Energy Efficiency and Rising Investments Catalyze Market Expansion
AAC blocks provide superior thermal insulation qualities. They reduce the need for disproportionate heating or cooling by assisting in maintaining interior temperatures. Lower building energy consumption is a major contributor to reduce carbon footprints and operating costs over time. Fly ash and other industrial by-products, which are usually waste products, are frequently used in the manufacturing of AAC blocks. The creation of AAC lowers waste and conserves natural resources by employing by-products that would otherwise be used in the standard concrete production process. Furthermore, companies are investing in expanding or establishing manufacturing facilities that can significantly increase the production capacity of AAC blocks. This helps meet the growing demand in the market and makes the products more widely available, thus driving market growth.
For instance, in February 2022, Erode-based Ronaatus Procon Pvt Ltd invested USD 11 million to set up a manufacturing plant at Perunduai in the neighboring Erode district. Majorly focusing on Tamil Nadu and Kerala markets, the plant focuses on achieving full capacity utilization.
Residential Construction Segment Dominates the Market Share
The residential construction segment dominates the share of India AAC blocks and panels market. Residential construction is a major segment of India's construction industry. The demand for housing is driven by rapid urbanization, population growth, and increasing real estate development. AAC blocks are increasingly used in residential projects due to their favorable properties, which align well with the needs of modern housing. AAC blocks provide excellent thermal insulation, which helps in maintaining comfortable indoor temperatures and reduces heating and cooling costs. They offer good soundproofing, enhancing the living experience by reducing noise transmission between rooms and from outdoors. The fire-resistant properties of AAC blocks strengthen the safety of residential buildings, which is a key concern for homeowners and builders. AAC blocks are lightweight and easy to handle, which speeds up construction processes. This is particularly beneficial for residential projects that aim for quick completion. Companies are building new facilities with advanced manufacturing facilities.
For instance, in December 2023, Infra.Market, a brand of Hella Infra Market Private Limited, launched its Grade 1 AAC block plants at Pune and Sangli. The plant uses advanced international manufacturing equipment to produce AAC blocks that are sustainable and economical building materials for the construction sector.
Future Market Scenario (FY2025 - FY2032F)
With a growing emphasis on sustainable construction practices, the demand for AAC blocks is expected to rise due to their eco-friendly properties, such as energy efficiency and reduced carbon footprint.
A rising number of manufacturers are expected to incorporate recycled and industrial by-products in AAC production, further enhancing sustainability.
Advancements in production technology are expected to improve the efficiency, quality, and cost-effectiveness of AAC blocks.
Key Players Landscape and Outlook
Key players are expanding their operations in untapped regions, including tier-2 and tier-3 cities, to meet growing demand. It includes setting up new manufacturing plants and distribution centers. The market holds growth potential for new market players. Companies are investing in increasing their production capacity to meet the rising demand driven by urbanization and infrastructure projects. Also, companies emphasize using sustainable raw materials, such as recycled fly ash, and adopting eco-friendly production processes to appeal to environmentally conscious consumers. They obtain certifications for green building standards to align with regulatory requirements and market preferences for sustainable construction. Furthermore, companies tend to collaborate, partner, and acquire to expand their supply chain and thrive on new technologies.
For instance, in March 2024, Magicrete Building Solutions Pvt Ltd. acquired majority stake in Maxlite AAC Blocks (India) Private Limited. The company states that this strategic acquisition would enhance its total installed capacity of AAC blocks to 1.8 million cubic meters per annum.
For instance, in June 2023, as a part of their Walling and Paving Solutions portfolio, Godrej Construction is growing its footprint in Nagpur by supplying its AAC blocks. The firm aims to double its market growth rate for its Walling and Paving Solutions in FY2024 due to increased demand in tier 2 and tier 3 cities, which is driven by real estate and infrastructure development supported by government initiatives.
All segments will be provided for all regions covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.