The report of global concrete block and brick manufacturing market by Product Type (Concrete Block, Bricks, AAC Block) Application (Structural, Hardscaping Siding, Fireplace, Others) and Region (Asia Pacific, North America, Europe, Latin America, and Middle East Africa) is expected to reach US$ XX Bn by 2027, at a CAGR of 4.0% during a forecast period.
Cement concrete bricks and blocks are very popular and are widely used in building construction globally because of the several benefits such as durability, strength and structural stability, fire resistance, insulation and sound absorption. The global concrete block and brick manufacturing market is driven by the growing investments in residential construction and the emergence of eco-friendly building materials Rapid urbanization across emerging economies and increasing foreign investments in construction & building manufacturing sectors are likely to create lucrative opportunities for key players in the global concrete block and brick manufacturing market. Advanced concrete materials and growing demand of eco-friendly building materials are the key challenges for the global concrete block and brick manufacturing market globally.
Brick segment is expected to grow at the highest XX% CAGR during the forecast period.
In 2019, the brick segment has dominate the concrete block and brick manufacturing market and is estimated to grow at a CAGR of 3.5% during the forecast period. Clay type, fly ash clay, and sand lime are the most common type of bricks used in the construction sector. The AAC block segment is expected to grow at a significant CAGR of XX% during the forecast period thanks to their attributes of light weight, flexibility, and durability. AAC block are the approved eco-friendly bricks that provide incredible construction quality at relatively low cost.
The Asia Pacific dominated the concrete block and brick manufacturing market in 2019
In 2019, Asia pacific held the XX% share of the concrete block and brick manufacturing market and is expected to maintain its dominance during the forecast period. Growth of the construction industry and easing population are main factors impelling the Asia Pacific concrete block and brick manufacturing market. In terms of both value and volume, the North America region will record a significant CAGR of XX% during the forecasted period. The estimated recovery in building construction, specifically in the residential construction, will drive the market growth in the U.S. country.
Key players operating the global concrete block and brick manufacturing market are CRH plc, Wienerberger AG, Boral Limited, Acme Brick Company, UltraTech Cement Ltd., Xella Group, CEMEX S.A.B. de C.V. Lignacite Ltd., LCC Siporex Company, MaCon LLC, Midwest Block and Brick, Oldcastle, Magicrete Building Solutions Pvt. Ltd., General Shale Inc, Monaprecast Brickworks Limited, Midland Concrete Products Inc., Supreme Concrete, Quikrete, Brickwell, SK Exim, Berksire Hathaway, Carolina Ceramics Brick Company, Columbus Brick Company, Bowerston Shale Company, and Castle & Cooke
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global concrete block and brick manufacturing market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain global concrete block and brick manufacturing market positioning of competitors.
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