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Hollow Concrete Block Market 2019 | Global Industry Analysis by Size, Share Leaders, Growth Opportunities, Segmentation, Top Key Players Study and Regional Forecast By 2024
Global Hollow Concrete Block Market Research Report by Product Type (Split-Faced Concrete Blocks and Smooth-Faced Concrete Blocks), by Application (Residential, Commercial and Industrial) and by Region (North America, Europe, Apac and Row) - Forecast till 2024Some of the prominent players in the global hollow concrete block market are Taylor Concrete (US), Brampton brick (US), CRH plc (Ireland), CEMEX S.A.B. de C.V. (Mexico), Midland Concrete Products, Inc. (US), McNear Brick & Block (US), Columbia Block & Brick (US).
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Market Highlights
The tremendous growth of the commercial sector and the demand for innovative ways to design commercial buildings are expected to raise the demand for hollow concrete blocks, globally. Moreover, the increasing investments in the commercial real estate and rising demand for green buildings and lightweight materials for modern architecture are expected to drive the global hollow concrete block market. The rapid construction of commercial and residential buildings in emerging countries, such as China, India, and South Korea, is one of the major factors driving the global hollow concrete block market. Manufacturers in the market are taking advantage of the opportunities in the global market by adopting key strategies, such as investments and regional expansions, to increase their market share. However, fluctuating raw material prices are expected to hinder the hollow concrete blocks market.
Asia-Pacific is anticipated to witness the highest growth in the global hollow concrete block market during the forecast period: MRFR
Geographically, the global hollow concrete block market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific held the largest global market share in 2018, which is expected to exhibit the highest CAGR of ~5%, owing to the growing construction industry coupled with increasing consumer spending on lightweight materials for modern architecture. China has emerged as a lucrative market in this region, owing to the presence of a vast customer base.
The commercial application segment is expected to account for the largest market share in the global hollow concrete block market during the forecast period: MRFR
Intended Audience
Raw Material Suppliers
End Users
Traders and Distributors
Regulatory Bodies
Scope of the Report
This study provides an overview of the global hollow concrete block market, tracking two market segments across four geographic regions. The report studies key players and provides a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the rest of the world (RoW). The report also provides a forecast, which focuses on the market opportunities for the next five years for each region. The scope of the study segments the global Hollow Concrete Block Market by product, application, and region.
By Product
• Split-faced concrete blocks
• Smooth-faced concrete blocks
By Application
• Residential
• Commercial
• Industrial
By Region
• North America
• Asia-Pacific
• Europe
• Rest of the World
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List Of Tables
Table 1 Global Hollow Concrete Block Market, By Region, 2019–2024
Table 2 North America: Hollow Concrete Block Market, By Country, 2019–2024
Table 3 Europe: Hollow Concrete Block Market, By Country, 2019–2024
Table 4 Asia-Pacific: Hollow Concrete Block Market, By Country, 2019–2024
Table 5 RoW: Hollow Concrete Block Market, By Country, 2019–2024
Table 6 Global Hollow Concrete Block Market, By Product Type, By Region, 2019–2024
Table 7 North America: Hollow Concrete Block Market, By Product Type, By Country, 2019–2024
Table 8 Europe: Hollow Concrete Block Market, By Product Type, By Country, 2019–2024
Table 9 Asia-Pacific: Hollow Concrete Block Market By Product Type, By Country, 2019–2024
Table 10 RoW: Hollow Concrete Block Market By Product Type, By Country, 2019–2024
Continued..........
List Of Figures
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down And Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Hollow Concrete Block Market Share, By Product Type, 2018 (%)
FIGURE 9 Global Hollow Concrete Block Market, By Product Type, 2019–2024 (USD MILLION)
FIGURE 10 Global Hollow Concrete Block Market Share, By Application, 2018 (%)
Continued..........
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