Press release
Concrete Block & Brick Manufacturing Market Worth $588,151.8 Million by 2030
Construction of all infrastructures needs concrete for building purpose. Concrete can be in the form of precast products such as block and bricks. Revenue generated by sales of these products represents the concrete block & brick manufacturing.The concrete block & brick manufacturing market size was valued at $339.5 billion in 2020, and is expected to reach $558.1 billion by 2030, registering a CAGR of 5.7% from 2021 to 2030.
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Increase in government expenditures for development and reconstruction & repair of infrastructures in various countries leads to increase in demand for concrete precast products & elements. In addition, precast products reduce construction time, which, in turn, saves project cost and timeline. Moreover, these products are cost effective and reduce wastage of raw material. Furthermore, innovation in manufacturing technology boosts production quality and capacity. These factors are anticipated to propel the concrete block & brick manufacturing market Trends.
Key Market Players
The major players profiled in the concrete block & brick manufacturing market include Acme Brick Company, Bauroc AS, Boral, CEMEX, S.A.B. de C.V., CRH, Lignacite Ltd., Midwest Block & Brick, Mona Precast (Anglesey) Ltd., Wienerberger AG, and Xella Group.
Key Benefits
The report provides an extensive analysis of the current and emerging concrete block & brick manufacturing market trends and dynamics.
In-depth concrete block & brick manufacturing market analysis is conducted by estimations for the key segments between 2021 and 2030.
Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of four major regions is provided to determine the prevailing concrete block & brick manufacturing market opportunities.
The market forecast analysis from 2021 to 2030 is included in the report.
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Key Market Segments
By Type
Block
Brick
By Application
Structural
Non-structural
By End-User
Residential Sector
Non-residential Sector
By Region
North America
Europe
Asia-Pacific
LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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