Albany, NY -- (SBWIRE) -- 02/12/2020 -- Key Highlights:
In terms of volume, the global concrete block and brick manufacturing market was stood at around 2100 billion units in 2018 and is anticipated to expand at a CAGR of more than 3% from 2019 to 2027
Concrete blocks and bricks are often used in the construction industry. Buildings which are made by using concrete blocks are less susceptible to various types of damages and they provide insulation. Compared to blocks, bricks are less expensive and this drives the production of more number of bricks
Brick was the major segment in concrete block and brick manufacturing market and is anticipated to dominate the market during forecast period in terms of value and volume
Based on region, Asia Pacific held major share in 2018 and is expected to grow at significant rate compared to other region between 2019 to 2027
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In Europe, the autoclaved aerated concrete (AAC) segment is primarily driven by the increased focus toward using light-weight building materials. Therefore, the ACC manufacturing segment is anticipated to observe significant growth rate during the forecast.
The concrete block and brick market in North America is less attractive due to extensive use of alternate building materials. Texas and North Carolina account for the largest brick shipments among the states. Various green building initiatives undertaken by the Government have led to rise in adoption of green building materials in the region
Economic development in Latin America has stimulated the growth of the concrete block and brick manufacturing industry in the region. There are approximately 45,000 brick manufacturers in the region, most of them are informal units. The brick segment is declining its share in North America and Middle East & Africa regions due to increase use of light weight building materials in the regions
Development of the building & construction industry is a key driver of the concrete block and brick manufacturing market .The number of new housings are on the rise in the developing countries showing a positive overall trend in the construction sector. Demand for sustainable building materials, especially AAC blocks is expected to drive the global concrete blocks and bricks market. Developed regions such as North America and Europe are shifting towards sustainability with the introduction of green building materials
Weak Tensile Strength of bricks, Unable To Sustain in Seismic Prone Areas and Extreme Weathers May Hamper Overall Demand
Tensile strength of concrete blocks and bricks are comparatively low and cannot give excellent performance in the seismic prone areas. Burnt clay bricks are commonly used for construction of masonry building.
Clay bricks are naturally porous and they absorb water. Excessive porosity is harmful to good masonry behavior as bricks absorb water from the adjoining mortar. This results in poor bonding between brick and mortar causing difficulty in the positioning of masonry units.Asia Pacific Expected to be Highly Lucrative Region of Global Concrete Block and Brick Manufacturing Market
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In terms of volume, Asia Pacific accounted for major share of more than 75% of the global concrete block and brick manufacturing market in 2018. It is likely to remain the dominant market during the forecast period. Rising population and increase in construction activities in the region are key factors that are driving the concrete block and brick manufacturing market. Increase in population, high demand for shelter, and need for an inexpensive building material are major factors driving the concrete block and brick manufacturing market in Asia Pacific.