Global Concrete Block and Brick Manufacturing Market Overview:
The growing construction sector around the globe has led to the increasing demand for concrete block and brick. Rapid urbanization boosted the demand for new housing units in developing countries, which is fueling demand for concrete blocks and bricks. Nowadays, concrete blocks are preferred in the construction of walls as they are less vulnerable to damage as well as provide insulation as well. The arrival of eco-friendly building materials has been one more significant factor that drives the global concrete block and brick manufacturing market growth. Various nations in North America and Europe are progressively shifting towards sustainable construction with the introduction of green building materials such as autoclaved aerated concrete (AAC).
Growth Drivers
- Growing Housing Needs around the Globe
- Requirement for an inexpensive building material
Roadblocks
- Adverse Environmental Effects
Opportunities
- Growing Opportunities in Untapped Market
- Increasing Focus toward Use of Light-Weight Building Materials
Competitive Landscape:
In December 2018, Wienerberger AG has announced the acquisition of Watsontown Brick, a highly profitable company, based in Pennsylvania. This acquisition broadens its market footprint in the Northeastern United States regions of New York, New Jersey, Maryland & Pennsylvania, which collectively represent one of the most interesting markets for high-quality brick products, and in Canada.
Some of the key players profiled in the report are CRH plc (Republic of Ireland), Supreme Concrete Limited (United Kingdom), Wienerberger AG (Austria), Boral Limited (Australia), Acme Brick Company (United States), Carolina Ceramics Brick Company (United States), Bowerston Shale Company (United States), Magicrete Building Solutions Pvt. ltd. (India), Brickworks Limited (Australia) and Lightweight Construction Co. LCC – SIPOREX (Saudi Arabia). Additionally, following companies can also be profiled that are part of our coverage like Brickwell (India), Midland Concrete Products, Inc. (United States) and KANSAL PVT. LTD. (India). Analyst at AMA Research see Australian ,Indian, and United States Vendors to retain maximum share of Global Concrete Block and Brick Manufacturing market by 2026. Considering Market by End-use, the sub-segment i.e. Residential Building will boost the Concrete Block and Brick Manufacturing market.
What Can be Explored with the Concrete Block and Brick Manufacturing Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Concrete Block and Brick Manufacturing Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Concrete Block and Brick Manufacturing
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Concrete Block and Brick Manufacturing market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Concrete Block and Brick Manufacturing market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Concrete Block and Brick Manufacturers, Raw Materials Suppliers, Traders and Distributors of Concrete Block and Brick, Government and Research Organizations, Regional Manufacturers’ Associations, Industry Associations, Construction Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.