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市場調査レポート
商品コード
1563746
インドのAACブロックおよびパネル市場:製品タイプ別、最終用途別、地域別、機会、予測、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 |
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カスタマイズ可能
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インドのAACブロックおよびパネル市場:製品タイプ別、最終用途別、地域別、機会、予測、2018年~2032年 |
出版日: 2024年10月01日
発行: Market Xcel - Markets and Data
ページ情報: 英文 130 Pages
納期: 3~5営業日
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インドのAACブロックおよびパネルの市場規模は、2025年~2032年の予測期間中に11.51%のCAGRで拡大し、2024年の5億5,000万米ドルから2032年には13億1,484万米ドルに成長すると予測されています。持続可能な建設と廃棄物管理を推進するインドは、AACブロックとパネルの主要市場です。持続可能な開発を促進する政府のプログラムや、不動産分野、特に建設機器・資材の革新的なアイデアが、AACブロックおよびパネル市場に可能性を生み出しています。新興企業や建材大手は、住宅や商業空間でのAACブロックやパネルの採用動向を受けて、AAC製品ラインを拡大しています。
新興経済国であるインドは、インフラを再構築し、未来に対応できるようにしようとしています。このプロセスには、従来の建築材料から持続可能で軽量な材料への移行が含まれます。AACは、断熱性、高い耐久性、幅広いサイズといった利点を備えているため、その利用が検討されています。インド政府は、様々な取り組みや規制を通じてグリーン建材の使用を推進しています。これには、エネルギー効率や持続可能な建設方法を奨励する政策も含まれ、AACブロック市場を間接的に後押ししています。政府が支援しているグリーンビルディング評価システムとしては、Indian Green Building Council(IGBC)とGreen Rating for Integrated Habitat Assessment(GRIHA)の2つが有名です。インド政府がグリーン認証を取得した建設プロジェクトを表彰しているため、AACの採用率はより高く、拡大すると予想されます。
インド政府は、主要部門の変革による二酸化炭素排出量の抑制に注力しています。最大のセクターのひとつである建設セクターは、簡単で迅速な操作性を促進し、環境への影響を軽減する施策を採用しています。市場関係者は、インドの建設用に特別に開発されたカスタマイズされた製品ラインで、インドでの製造スペースを拡大しています。多様な大気と極端な気候の影響は、AACパネルやブロックの採用において住宅や商業スペースに役立っています。ラダック、ラジャスタン、ヒマラヤ山脈のような地域は極端な気候の影響を受けやすいため、室内空間がバランスの取れた温度を維持できるような建材が採用されています。
当レポートでは、インドのAACブロックおよびパネル市場について調査し、市場の概要とともに、製品タイプ別、最終用途別、地域別動向、および市場に参入する企業のプロファイルなどを提供しています。
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.