市场调查报告书
商品编码
1563746
印度的AAC砌块和面板市场:各产品类型,各最终用途,各地区,机会,预测,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 砌块和面板市场规模在 2025-2032 年预测期内以复合年增长率 11.51% 扩大,从 2024 年的 5.5 亿美元增长到 2032 年的 13.1484 亿美元。印度提倡永续建筑和废弃物管理,是加气混凝土块和板材的主要市场。促进房地产行业可持续发展和创新理念的政府计划,特别是在建筑设备和材料方面,正在为加气混凝土块和面板市场创造潜力。新创公司和建筑材料巨头正在扩大其 AAC 产品线,以应对住宅和商业空间采用 AAC 砌块和面板的趋势。
印度作为一个新兴经济体,正在重建其基础设施并为未来做好准备。这个过程涉及从传统建筑材料转向可持续和轻质材料的转变。由于具有隔热、耐用性高、尺寸范围广等优点,AAC 正在被考虑使用。印度政府正在透过各种措施和法规促进绿色建筑材料的使用。这也包括鼓励能源效率和永续建筑方法的政策,间接推动了AAC区块市场的发展。政府支持的两个着名的绿色建筑评级系统是印度绿色建筑委员会(IGBC)和综合栖息地评估绿色评级(GRIHA)。随着印度政府授予建筑项目绿色认证,AAC 的采用率预计将会更高并扩大。
印度政府正致力于透过关键产业转型来减少碳排放。建筑业是最大的行业之一,正在采取措施促进简单、快速的操作并减少对环境的影响。市场参与者正在透过专门为印度建筑开发的客製化产品线来扩大他们在印度的製造空间。不同的大气和极端气候影响适合在住宅和商业空间中采用 AAC 面板和砌块。拉达克、拉贾斯坦邦和喜马拉雅山等地区容易受到极端气候的影响,因此建筑材料被用来帮助维持室内空间的平衡温度。
本报告提供印度的AAC砌块和面板市场相关调查,提供市场概要,以及各产品类型,各最终用途,各地区趋势,及加入此市场的主要企业简介等资讯。
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.