United States Hollow Concrete Blocks Devices Market 2025 | Growth Drivers, Market Forecast, Competitive Landscape & Business Opportunities

Market Size and Growth

Global Hollow Concrete Blocks Market reached US$ 3.9 billion in 2023 and is expected to reach US$ 5.8 billion by 2031, growing with a CAGR of 5.2% during the forecast period 2024-2031.

Key Development:

United States: Recent Industry Developments

✅ In August 2025, CEMEX S.A.B. de C.V. launched a new line of eco-friendly concrete blocks, incorporating recycled materials to reduce environmental impact.

✅ In July 2025, Oldcastle APG Inc. unveiled a state-of-the-art manufacturing facility in Texas, aimed at increasing production capacity and meeting the growing demand for concrete products in the region.

Japan: Recent Industry Developments

✅ In June 2025, the Vadodara Municipal Corporation (VMC) announced a shift from using solid paver blocks to hollow paver blocks in public infrastructure to enhance rainwater percolation.

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Hollow concrete blocks are precast masonry units with internal voids, used in construction for walls and partitions. They offer reduced weight, better thermal insulation, and cost efficiency while maintaining structural strength and ease of installation.

Recent Mergers and acquisitions:

United States: Recent M&A Activity

✅ In October 2025, Commercial Metals Company (CMC) announced the acquisition of Foley Products Co. for $1.84 billion in cash. This strategic move aims to enhance CMC's scale and localized supply chains in the U.S. building-products sector.

✅ In September 2025, CMC entered into a definitive agreement to acquire Concrete Pipe & Precast, LLC. This acquisition expands CMC's commercial portfolio in early-stage construction solutions and enhances its financial profile.

✅ In August 2025, Zachry Corp.'s subsidiary, Arcline Equity Holdings, acquired San Antonio-based Jarco ReadyMix, including its six batch plants. The acquisition led to the formation of Arcline Ready Mix, aiming to enhance supply chain efficiency and localize concrete delivery in South Texas.

Japan: Recent M&A Activity in Hollow Concrete Blocks

✅ In August 2025, data revealed that Japan's outbound M&A volume decreased by 6% compared to the previous year, while domestic and inbound M&A deal value increased by 189% to USD 92 billion.

✅ In June 2025, Ube Industries, Ltd. completed the acquisition of Japan Concrete Co., Ltd., expanding its footprint in the concrete manufacturing sector and enhancing its product portfolio.

✅ In February 2025, Japan's dealmakers were optimistic about a busier year, following over $230 billion in mergers and acquisitions in 2024, marking a 44% increase from the previous year.

Key Players:

=> CEMEX S.A.B. de C.V, Acme Brick Company, Holcim Philippines, Inc., Taylor Concrete Products Inc., CRH plc, Magicrete Building Solutions Pvt. Ltd., Apco, Harden Bricks Pvt. Ltd., Hanson UK and China National Building Material Company Limited.

Growth Forecast Projected:

The Global Hollow Concrete Blocks Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Hollow Concrete Blocks Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Product: Split-Faced, Smooth-Faced

➥ By Application: Residential, Commercial, Industrial

Regional Analysis for Hollow Concrete Blocks Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Hollow Concrete Blocks producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Hollow Concrete Blocks revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Hollow Concrete Blocks Market?

A: In 2023, the Hollow Concrete Blocks Market was valued at US$ 3.9 billion , reflecting its strong industry presence.

Q2: How large is the Hollow Concrete Blocks Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Hollow Concrete Blocks Market will grow to around US$ 5.8 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Hollow Concrete Blocks Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2024 to 2031.

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