Global Concrete Block and Brick Manufacturing Market Size By Product Type (Concrete Block, Brick), By Application (Residential, Commercial), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Concrete Block and Brick Manufacturing Market Size By Product Type (Concrete Block, Brick), By Application (Residential, Commercial), By Geographic Scope And Forecast
Concrete Block and Brick Manufacturing Market Size And Forecast
Concrete Block and Brick Manufacturing Market size was valued at USD 2136.91 Billion in 2024 and is projected to reach USD 3411.05 Billion By 2031, growing at a CAGR of 6.02% from 2024 to 2031.
Because of the global construction industry’s recent rise, the market for making concrete blocks and bricks has experienced tremendous expansion. Concrete blocks and bricks are favored over conventional clay bricks because of their durability, strength, and affordability. The size of the world market for making concrete blocks and bricks has been rising continuously. In emerging nations, increasing urbanization, population growth, and infrastructural development are the main factors influencing market expansion. The advent of environmentally friendly and energy-efficient building techniques has also increased the demand for concrete blocks and bricks.
Global Concrete Block and Brick Manufacturing Market Definition
Bricks are rectangular blocks that are often made up of dried clay. Bricks are classified based on the material used during manufacturing. The most common type of bricks are clay type, sand-lime and fly ash clay, lime, cement water, and air-entraining agents. Whereas, concrete blocks alternatively termed concrete masonry units (CMU) are made through the mixing of the portland cement along with sand, water, and other aggregates. This mixture is then blown into the molds of pre-determined size and shape and then these blocks are cured in the kiln.
The entire procedure of manufacturing concrete blocks is categorized into mixing, molding, curing, and cubing. The mixing process of the required amounts of sand, gravel, and cement for making a concrete paste. At this stage, various dyes, coloring pigments, and admixture chemicals can be added for making colorful concrete blocks. The molding process is the second stage of concrete block manufacturing, wherein the concrete mix is poured into the mold through the block machine. After this, the mix is compacted by the weight of the mold head on the mold cavities. Once molded, a pallet of blocks is pushed for curing.
In the curing process, a pallet of blocks is placed on the loader which then transfers to the curing rack of the kiln. Two types of kiln are used low-pressure steam kiln (room temperature) and high-pressure steam kiln (300-375°F (149-191°C), and pressure 80-185 psi (5.5-12.8 bar)) that helps in curing the concrete pallet. The cubing is the last stage of concrete block manufacturing, where the block pallets get their rough stone-like texture through the molding of two blocks and then hit forcibly to across the section between the two halves.
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Global Concrete Block and Brick Manufacturing Market Overview
The demand for the market that produces concrete blocks and bricks is mostly driven by the growing building industries in Asia-Pacific and the Middle East region. The growing population base in Asian countries drives the demand for residential, commercial, and public utility infrastructure. Also, governments are actively involved in favoring the construction sector through schemes or investment in the region is another prominent factor propelling the construction sector growth in the Asia-Pacific.
The rise in disposable income, the ongoing trend of nuclear families, urbanization, changing living standards, and favorable government support in the region are further fueling market growth. Increasing construction of commercial infrastructure in the Middle East regions to promote tourism and reduce dependency on the oil & gas sector through Saudi Vision 2030 initiatives is further boosting the construction sector. This, in turn, is expected to push the demand for concrete blocks and bricks.
However, the growth of this market is hampered due to the high cost of construction from concrete blocks and the weak tensile strength of the concrete blocks. Concrete blocks are comparatively expensive when compared to traditional building supplies. For instance, the cost of concrete blocks is comparatively two to three times more costly when compared to wood or stick frame construction. Nevertheless, the emergence of new products such as polystyrene concrete blocks, photocatalytic blocks, fly ash bricks, and recycled concrete blocks will create a lucrative growth opportunity for the market.
Global Concrete Block and Brick Manufacturing Market Segmentation Analysis
The Global Concrete Block and Brick Manufacturing Market is segmented on the basis of Product Type, Application, and Geography.
Concrete Block and Brick Manufacturing Market, By Product Type
- Concrete Block
- Brick
Based on Product Type, the market is bifurcated into Concrete block and Brick. Brick segment accounted for the largest market share owing to the increasing awareness about the advantages of the application of bricks in construction, easy availability of raw material required for its production, accelerated urbanization, growth in infrastructural activities, and increasing industrialization have driven the demand for bricks in masonry constructions. The main drivers of demand in developing nations include rising incomes and purchasing power of the populace as well as rising demand from end-use industries including infrastructure, commercial real estate, and residential construction.
Concrete Block and Brick Manufacturing Market, By Application
- Residential
- Commercial
- Industrial
Based on Application, the market is bifurcated into Residential, Commercial, and Industrial. The residential segment holds the largest share of the market as the demand for roofing materials for residential use and growing institutional and legislative support for the construction of housing infrastructure in emerging economies are both factors contributing to the expansion of the residential segment. The total demand for residential construction is also significantly influenced by rising preferences for single-family homes, easy access to finance, and cheap interest rates. The expansion is projected to be fueled by lower interest rates, increasing earnings, and more government investment in Germany.
As the population grows, there will be a greater need for building development and refurbishment, which will drive up the need for commercial construction. Additionally, for the effective use of energy and materials needed for construction, governments all over the globe have created programs targeted at designing, building, and running structures that adhere to the notion of green construction. The leading companies in this sector are creating environmentally friendly substitutes to meet the expanding need for sustainable raw materials in the building sector. These elements are anticipated to increase demand for commercial buildings across the board.The industrial category is being driven by the accelerated rate of industrialization and sophisticated infrastructure.
Concrete Block and Brick Manufacturing Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, the Global Concrete Block and Brick Manufacturing Market is classified into North America, Europe, Asia Pacific, And Rest of the world. Asia Pacific is expected to hold the largest market share of the Concrete Block and Brick Manufacturing Market over the forecast period followed by North America. The surge in demand for large-scale construction due to growing industrialization & urbanization in Asian economies and increased Asian government initiatives to develop infrastructure are the elements that have triggered the construction industry, which in turn, boosted the growth of the Concrete Block and Brick Manufacturing Market
Key Players
The “Global Concrete Block and Brick Manufacturing Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Wienerberger AG, Midland Concrete Products, CRH plc, Monaprecast, Acme Brick Company, Midwest Block and Bricks, Boral Limited, LCC Siporex, CEMEX S.A.B. de C.V., Wallnett AAC Bricks Pvt. Ltd., UltraTech Cement, Bauroc AS.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Key Developments
- In May 2023, Blair Block, an Alabama-based company, started making the first ultra-low-carbon concrete blocks at its Childersburg site. The blocks, which C&C Masonry will employ in the building of many municipal projects around the state, won’t cost any more to make than those created with conventional concrete. In comparison to conventional concrete blocks, the new blocks use exclusive technology from California-based CarbonBuilt, which decreases embodied carbon by 70–100%.
- Interstate Block & Brick of Winchester, Tennessee, was acquired by Alley-Cassetty Companies Inc., a producer and distributor of masonry products located in Nashville, in January 2022. In a related move, Alley-Cassetty also purchased the building and land from which Interstate Block & Brick runs its concrete block division. The Interstate Block & Brick brand, trademark, and IB&B businesses that are not in the masonry goods sector are not included in the transaction. Alley-Cassetty currently has 16 Southeast sites with a combined capacity to create 17 million concrete blocks annually as a result of the transaction.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Concrete Block and Brick Manufacturing Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Concrete Block and Brick Manufacturing Market, gauge the attractiveness of a certain sector, and assess investment possibilities.