The Concrete Blocks and Bricks Market size was USD 394.26 billion in 2023 and is expected to Reach USD 637.75 billion by 2031 and grow at a CAGR of 6.2% over the forecast period of 2024-2031.
Concrete blocks, also known as concrete masonry units (CMUs), are precast concrete products that come in various sizes, shapes, and designs. They are manufactured by mixing cement, sand, aggregate, and water, then molding the mixture into specific shapes and allowing it to cure and harden.
Get E-PDF Sample Report on Concrete Blocks and Bricks Market - Request Sample Report
KEY DRIVERS
Rising demand for autoclaved aerated in the construction industry
To strengthen the building's strength and durability, there is a growing need for the product. For instance, bricks and blocks made of autoclave-aerated concrete provide a strong architectural foundation and aesthetic appeal. As a result, the item is frequently utilized in commercial establishments, museums, and smart airports. Complex constructions can be cast using bricks and blocks of autoclave-aerated concrete. Extreme tensile strength, durability, and damage are made possible by this distinctive construction. By enabling flexible construction, autoclaved aerated concrete blocks and bricks are useful for cutting-edge buildings.
RESTRAIN
Environmental impacts of harmful building material
The construction industry has benefited from the usage of products, but growth is hampered by the emissions brought on by the production of goods. Portland cement, which makes up the majority of the concrete blocks, emits enormous volumes of carbon dioxide, which causes pollution of the soil, water, and air. Despite environmental concerns, the development of improved building materials was responsible for the global market's sluggish expansion.
OPPORTUNITY
The demand for sustainable concrete blocks and bricks
Growth in the construction industry
Bricks and concrete blocks are considered to be vital materials in the construction sector. A maker of a product has a huge chance to produce products in new and varied sizes using improved raw materials. Manufacturing techniques that release a lot of carbon dioxide have been outlawed in many nations, including the US and the UK. As a result, there was a huge opportunity for both new and established product producers to set up eco-friendly concrete block and brick manufacturing, which might increase product demand globally.
CHALLENGES
Switching to alternative materials such as wood or steel
Fluctuating prices of concrete blocks and bricks
Prices of concrete blocks and bricks depend on various factors such as the cost of raw materials, such as cement and sand, varying demand during periods of economic growth or recession, supply chain disruption, and others.
When the prices of concrete blocks and bricks change, contractors and builders may find it difficult to budget for their projects. This can result in delays and cancellations, harming the market for certain commodities.
Global construction projects have been hampered by the intensifying war between Russia and Ukraine and the ensuing U.S. and international sanctions against Russia. Due to this, the main building industry has declined. The building materials market was where the Russia-Ukraine war's effects on the construction industry were most noticeable. Sharp price rises for building supplies, made worse by scarcities. a departure of conscripted Ukrainian workers, an increase in labor costs, a lengthening of delivery times, market unpredictability, and a disruption of supply and demand linkages.
The recession impacts the construction industry negatively. As of March 2022, the price of essential resources like steel and cement had increased by more than 20% annually. The majority of the building cost depends on cement, bricks and block, and steel materials. Given that these materials make up two-thirds of the overall cost of building, developers will be forced to raise prices as a result of increased material costs. In November 2022, the supplier's price index for brick production increased by 15% from the previous month.
By Type
Block
fully solid
Hollow
cellular
Brick
Sand Lime
Clay
Fly Ash Clay
Others
By Application
Residential
Industrial
Commercial
Asia Pacific region is the largest market for concrete blocks and bricks. This is due to the growing new infrastructure projects such as residential, smart railways, hospitals, educational campuses, and the population in the region. India has the highest population followed by China. The construction materials manufactured such as blocks, and bricks have increased demand in the region.
The European market grew with increasing investment in the real estate sectors. European countries, such as the U.K., have a ratio of renovation activities as the local government and environment protection agencies are encouraging consumers to non-residential buildings by renovating them and reaching the goal of carbon neutrality to maintain an eco-friendly environment.
The North American market growth is substantial due to high disposal income the increasing demand for affordable housing and the need to improve the resilience of buildings to natural disasters. The United States is the largest market for concrete blocks and bricks in North America, followed by Canada and Mexico.
Latin America gradually increases with infrastructure projects in the region including Mexico and Brazil. The middle east & Africa has a moderate share in the market has the emerging market of concrete blocks and bricks.
Get Customized Report as Per Your Business Requirement - Request For Customized Report
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Acme Brick Company, Boral, Wienerberger AG, Midwest Block & Brick, Concrete Products, Tristar Brick& Block LTD, Ideal Concrete Block, CEMEX, Lignacite Ltd., Bauroc AS, Hi-Way Concrete, Brampton Brick, and other key players are mentioned in the final report.
CEMEX- In 2022 CEMEX has expanded its product portfolio with a zero-carbon lightweight concrete block and common brick. Customers can now satisfy the concrete block criteria for residential and commercial buildings using only CarbonNeutral goods when this launch is combined with the already-existing ReadyBlock Zero dense block.
Brickworks Limited- In 2022 Brickworks Limited announced plans to build an operation in north Queensland. To optimize revenue, the business chose to expand its production as well as distribution operations.
| Report Attributes | Details |
| Market Size in 2023 | US$ 394.26 Bn |
| Market Size by 2031 | US$ 637.75 Bn |
| CAGR | CAGR of 6.2% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Block and Brick) • By Application (Residential, Industrial, and Commercial) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Acme Brick Company, Boral, Wienerberger AG, Midwest Block & Brick, Concrete Products, Tristar Brick& Block LTD, Ideal Concrete Block, CEMEX, Lignacite Ltd., Bauroc AS, Hi-Way Concrete, Brampton Brick |
| Key Drivers | • Rising demand for autoclaved aerated in the construction industry |
| Market Restraints | • Environmental impacts of harmful building material |
Ans. The CAGR of the Concrete blocks and bricks Market over the forecast period is 6.2%.
Ans. Asia Pacific is the fastest-growing region of the Concrete blocks and bricks Market.
Ans. USD 394.26 billion was the market value in 2023 for the Concrete blocks and bricks Market.
Ans. USD 637.75 billion is the projected Concrete blocks and bricks Market size of the market by 2031.
Ans. Drivers are Rising demand for autoclaved aerated in the construction industry
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.3. Introduction
4.3.1 Impact on major economies
4.3.1.1 US
4.3.1.2 Canada
4.3.1.3 Germany
4.3.1.4 France
4.3.1.5 United Kingdom
4.3.1.6 China
4.3.1.7 Japan
4.3.1.8 South Korea
4.3.1.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Concrete blocks and bricks Market Segmentation, By Type
8.1. Block
8.1.1 fully solid
8.1.2 Hollow
8.1.3 cellular
8.2 Brick
8.2.1 Sand Lime
8.2.2 Clay
8.2.3 Fly Ash Clay
8.2.4 Others
9. Concrete blocks and bricks Market Segmentation, By Application
9.1 Residential
9.2 Industrial
9.3 Commercial
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Concrete blocks and bricks Market by Country
10.2.2 North America Concrete blocks and bricks Market by Type
10.2.3 North America Concrete blocks and bricks Market by Application
10.2.4 USA
10.2.4.1 USA Concrete blocks and bricks Market by Type
10.2.4.2 USA Concrete blocks and bricks Market by Application
10.2.5 Canada
10.2.5.1 Canada Concrete blocks and bricks Market by Type
10.2.5.2 Canada Concrete blocks and bricks Market by Application
10.2.6 Mexico
10.2.6.1 Mexico Concrete blocks and bricks Market by Type
10.2.6.2 Mexico Concrete blocks and bricks Market by Application
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Concrete blocks and bricks Market by Country
10.3.1.2 Eastern Europe Concrete blocks and bricks Market by Type
10.3.1.3 Eastern Europe Concrete blocks and bricks Market by Application
10.3.1.4 Poland
10.3.1.4.1 Poland Concrete blocks and bricks Market by Type
10.3.1.4.2 Poland Concrete blocks and bricks Market by Application
10.3.1.5 Romania
10.3.1.5.1 Romania Concrete blocks and bricks Market by Type
10.3.1.5.2 Romania Concrete blocks and bricks Market by Application
10.3.1.6 Hungary
10.3.1.6.1 Hungary Concrete blocks and bricks Market by Type
10.3.1.6.2 Hungary Concrete blocks and bricks Market by Application
10.3.1.7 Turkey
10.3.1.7.1 Turkey Concrete blocks and bricks Market by Type
10.3.1.7.2 Turkey Concrete blocks and bricks Market by Application
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Concrete blocks and bricks Market by Type
10.3.1.8.2 Rest of Eastern Europe Concrete blocks and bricks Market by Application
10.3.2 Western Europe
10.3.2.1 Western Europe Concrete blocks and bricks Market by Country
10.3.2.2 Western Europe Concrete blocks and bricks Market by Type
10.3.2.3 Western Europe Concrete blocks and bricks Market by Application
10.3.2.4 Germany
10.3.2.4.1 Germany Concrete blocks and bricks Market by Type
10.3.2.4.2 Germany Concrete blocks and bricks Market by Application
10.3.2.5 France
10.3.2.5.1 France Concrete blocks and bricks Market by Type
10.3.2.5.2 France Concrete blocks and bricks Market by Application
10.3.2.6 UK
10.3.2.6.1 UK Concrete blocks and bricks Market by Type
10.3.2.6.2 UK Concrete blocks and bricks Market by Application
10.3.2.7 Italy
10.3.2.7.1 Italy Concrete blocks and bricks Market by Type
10.3.2.7.2 Italy Concrete blocks and bricks Market by Application
10.3.2.8 Spain
10.3.2.8.1 Spain Concrete blocks and bricks Market by Type
10.3.2.8.2 Spain Concrete blocks and bricks Market by Application
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Concrete blocks and bricks Market by Type
10.3.2.9.2 Netherlands Concrete blocks and bricks Market by Application
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Concrete blocks and bricks Market by Type
10.3.2.10.2 Switzerland Concrete blocks and bricks Market by Application
10.3.2.11 Austria
10.3.2.11.1 Austria Concrete blocks and bricks Market by Type
10.3.2.11.2 Austria Concrete blocks and bricks Market by Application
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Concrete blocks and bricks Market by Type
10.3.2.12.2 Rest of Western Europe Concrete blocks and bricks Market by Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Concrete blocks and bricks Market by Country
10.4.2 Asia Pacific Concrete blocks and bricks Market by Type
10.4.3 Asia Pacific Concrete blocks and bricks Market by Application
10.4.4 China
10.4.4.1 China Concrete blocks and bricks Market by Type
10.4.4.2 China Concrete blocks and bricks Market by Application
10.4.5 India
10.4.5.1 India Concrete blocks and bricks Market by Type
10.4.5.2 India Concrete blocks and bricks Market by Application
10.4.6 Japan
10.4.6.1 Japan Concrete blocks and bricks Market by Type
10.4.6.2 Japan Concrete blocks and bricks Market by Application
10.4.7 South Korea
10.4.7.1 South Korea Concrete blocks and bricks Market by Type
10.4.7.2 South Korea Concrete blocks and bricks Market by Application
10.4.8 Vietnam
10.4.8.1 Vietnam Concrete blocks and bricks Market by Type
10.4.8.2 Vietnam Concrete blocks and bricks Market by Application
10.4.9 Singapore
10.4.9.1 Singapore Concrete blocks and bricks Market by Type
10.4.9.2 Singapore Concrete blocks and bricks Market by Application
10.4.10 Australia
10.4.10.1 Australia Concrete blocks and bricks Market by Type
10.4.10.2 Australia Concrete blocks and bricks Market by Application
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Concrete blocks and bricks Market by Type
10.4.11.2 Rest of Asia-Pacific Concrete blocks and bricks Market by Application
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Concrete blocks and bricks Market by Country
10.5.1.2 Middle East Concrete blocks and bricks Market by Type
10.5.1.3 Middle East Concrete blocks and bricks Market by Application
10.5.1.4 UAE
10.5.1.4.1 UAE Concrete blocks and bricks Market by Type
10.5.1.4.2 UAE Concrete blocks and bricks Market by Application
10.5.1.5 Egypt
10.5.1.5.1 Egypt Concrete blocks and bricks Market by Type
10.5.1.5.2 Egypt Concrete blocks and bricks Market by Application
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Concrete blocks and bricks Market by Type
10.5.1.6.2 Saudi Arabia Concrete blocks and bricks Market by Application
10.5.1.7 Qatar
10.5.1.7.1 Qatar Concrete blocks and bricks Market by Type
10.5.1.7.2 Qatar Concrete blocks and bricks Market by Application
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Concrete blocks and bricks Market by Type
10.5.1.8.2 Rest of Middle East Concrete blocks and bricks Market by Application
10.5.2 Africa
10.5.2.1 Africa Concrete blocks and bricks Market by Country
10.5.2.2 Africa Concrete blocks and bricks Market by Type
10.5.2.3 Africa Concrete blocks and bricks Market by Application
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Concrete blocks and bricks Market by Type
10.5.2.4.2 Nigeria Concrete blocks and bricks Market by Application
10.5.2.5 South Africa
10.5.2.5.1 South Africa Concrete blocks and bricks Market by Type
10.5.2.5.2 South Africa Concrete blocks and bricks Market by Application
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Concrete blocks and bricks Market by Type
10.5.2.6.2 Rest of Africa Concrete blocks and bricks Market by Application
10.6 Latin America
10.6.1 Latin America Concrete blocks and bricks Market by Country
10.6.2 Latin America Concrete blocks and bricks Market by Type
10.6.3 Latin America Concrete blocks and bricks Market by Application
10.6.4 Brazil
10.6.4.1 Brazil Concrete blocks and bricks Market by Type
10.6.4.2 Brazil Concrete blocks and bricks Market by Application
10.6.5 Argentina
10.6.5.1 Argentina Concrete blocks and bricks Market by Type
10.6.5.2 Argentina Concrete blocks and bricks Market by Application
10.6.6 Colombia
10.6.6.1 Colombia Concrete blocks and bricks Market by Type
10.6.6.2 Colombia Concrete blocks and bricks Market by Application
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Concrete blocks and bricks Market by Type
10.6.7.2 Rest of Latin America Concrete blocks and bricks Market by Application
11 Company Profile
11.1 Boral
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Midwest Block & Brick
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 Concrete Products
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Tristar Brick& Block LTD
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Acme Brick Company
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Wienerberger AG
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Ideal Concrete Block
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 CEMEX
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Lignacite Ltd
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Bauroc AS
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
11.11 Hi-Way Concrete
11.11.1 Company Overview
11.11.2 Financials
11.11.3 Product/Services Offered
11.11.4 SWOT Analysis
11.11.5 The SNS View
11.12 Brampton Brick
11.12.1 Company Overview
11.12.2 Financials
11.12.3 Product/Services Offered
11.12.4 SWOT Analysis
11.12.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. USE Cases and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Agricultural Adjuvants Market Size was valued at USD 3.8 billion in 2023, and is expected to reach USD 5.8 Billion by 2032, and grow at a CAGR of 4.8% over the forecast period 2024-2032.
The Aromatherapy Market Size was valued at USD 7.19 Billion in 2023 and is expected to reach USD 14.55 Bn by 2032, growing at a CAGR of 18.18% over the forecast period of 2024-2032.
The Adipic Acid Market size was valued at USD 5.09 billion in 2023. It is estimated to hit USD 6.82 billion by 2031 and grow at a CAGR of 3.7% over the forecast period of 2024-2031.
The Food Grade Lubricants Market size was valued at USD 3.90 Billion in 2023 and is expected to reach USD 7.48 Billion by 2032 and grow at a CAGR of 7.67% over the forecast period of 2024-2032
The Construction Adhesive Tapes Market Size was $2.6 billion in 2023, and expected to reach $4.02 billion by 2031, and grow at a CAGR of 5.6% by 2024-2031.
The Aerospace Materials Market size was valued at USD 46.24 billion in 2023 and is expected to reach USD 96.22 billion by 2032 and grow at a CAGR of 8.49% over the forecast period of 2024-2032.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
