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Pollution-Absorbing Bricks Market: The Emergence and Evolution in the Construction Industry Generate $9.7 billion by 2032

03-18-2024 06:59 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Pollution-Absorbing Bricks Market

Pollution-Absorbing Bricks Market

Overview of the Market:

Pollution absorbing brick, also known as air purifying brick, is a cutting-edge building material used to curb air pollution. These bricks are manufactured using a specific coating or chemical such as photocatalytic coatings and surface coatings that allow them to collect and neutralize airborne hazardous pollutants. Furthermore, pollution absorbing brick have found their major application in building facades, noise barriers, urban infrastructure, retrofitting existing structures, and green buildings.

The global pollution absorbing bricks market is experiencing growth due to several factors, including an increase in concern and awareness regarding health and environmental pollution and the development of manufacturing technology.

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According to the report, the global pollution absorbing bricks industry generated $5.3 billion in 2022, and is anticipated to generate $9.7 billion by 2032, witnessing a CAGR of 6.1% from 2023 to 2032.

The concrete segment to maintain its leadership status throughout the forecast period-

Based on material type, the concrete segment held the highest market share in 2022, accounting for more than two-thirds of the global pollution absorbing bricks market revenue, and is expected to maintain its leadership status throughout the forecast period. Owing to growing public awareness regarding the damaging effects of air pollution on the environment and human health. Thus, this is boosting the need for creative solutions for reducing pollution as people become more aware of the need for cleaner air. However, the clay segment is projected to manifest the highest CAGR of 7.4% from 2022 to 2032. The rise in sustainable construction practices that prioritize environmental considerations fosters the adoption of clay bricks.

The residential sector segment to maintain its leadership status throughout the forecast period-

Based on end user, the residential sector segment held the highest market share in 2022, contributing to nearly two-thirds of the global pollution absorbing bricks market revenue, and is expected to maintain its leadership status throughout the forecast period. The growth is attributed to these multichannel initiatives, which increase brand awareness, link messaging across all points of contact, and can potentially result in a higher return on investment (ROI). However, the non-residential sector segment would display the highest CAGR of 7.5% from 2022 to 2032. The use of pollution absorbing bricks in the non-residential sector aims to reduce air pollution, create healthier environments, and prioritize the well-being of occupants, visitors, and workers. By incorporating these bricks into various non-residential applications, organizations can contribute to cleaner air and promote a more sustainable approach to building design and construction. Hence, such a need drives the growth of the market.

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Top Impacting Factors:

A greater emphasis is being placed on sustainable and environmentally friendly practices as a result of growing concerns regarding environmental degradation and pollution. Pollution absorbing bricks offer an affordable option for pollution reduction by absorbing hazardous pollutants from air, water, or soil. This reduces pollutant levels and improves the quality of the environment.

In addition, pollution, especially air pollution, has significant negative effects over human health. Pollution absorbing bricks helps in enhancing the air quality inside the building and reduces the risk of respiratory ailments, allergies, sickness, and other health issues by reducing the number of pollutants in the surrounding environment. Thus, the push to create healthy living and working environments drives the demand for pollution absorbing bricks which is further helping in expansion of pollution absorbing bricks market size.

In addition, advancements in pollution-absorbing brick manufacturing technologies owing to growing concerns for reducing pollution notably contribute toward the growth of pollution absorbing bricks industry. For instance, the Government of Canada has focused on reducing the country's total greenhouse gas emissions to 40-45% below 2005 levels by 2030 and to reach net zero by 2050 to protect the environment and reduce the impact of climate change.

To achieve such goals, the 2022 national budget has allocated about $150 million for the development of sustainable building. This strategy mobilizes national action to transform markets and reduce costs to achieve this goal. Thus such strategies are expected to offer lucrative pollution absorbing bricks market opportunities.

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Leading Market Players: -

Wienerberger
Ramtsilo Bricks & Construction
Ecobrick Alliance Earth Enterprise
Acme Brick Company
Midwest Block & Brick
Triangle Brick Co.
Brampton Brick
General Shale, Inc.
Glen-Gery Corporation
Carolina Ceramics Brick Company

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. 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 domain.

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