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Global Block Paving Market Estimated For A Remarkable Growth By 2022
Market Research Future published a half cooked research report on Global Block Paving Market Research Report - Forecast to 2022 – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Regional Analysis
North America is the largest market for block paving. The U.S. demand for brick and block products is projected to increase due to new housing. It is followed by Europe and Asia pacific. However APAC accounts for fastest growing region. The region is seen with increased investment in infrastructure and government support to bring economic development. This is backed by changing preferences by the end-users. Common, glazed and other clay brick will be the fastest growing products, followed by concrete pavers. Moreover
Industry– Overview
Block paving or brick paving is a commonly used decorative method of creating a pavement or hard standing. The main benefit of bricks over other materials is that individual bricks can later be lifted up and replaced. This allows for remedial work to be carried out under the surface of the paving without leaving a lasting mark once the paving bricks have been replaced. Typical areas of use would be for driveways, pavement, patios, town centers, precincts and more commonly in road surfacing.
Block paving is one of the most long lasting and popular surfacing options, which is made from various materials such as clay and concrete. Blocks are sized to a particular shape which is normally square and rectangular and can be laid in simple lines or twisted patterns depending on preference of user. Quick to install and extremely durable with little maintenance are some of the factors which is driving the market of block paving across the globe. It also enhances the look of any property and thus has become a popular alternative to concrete or asphalt surfacing. The increasing demand for concrete and clay building bricks has further driven the market.
According to a recent study report published by the Market Research Future, The global block paving market is expected to show staggering growth during the forecast period. Residential sector is the largest application of such paving as it provides a perfect environment and comfort to the user. The phenomenal growth of the global Block paving market is attributed by the need to improve infrastructure and durability of products has gained importance among product manufacturers in the recent past. This has led to the growth of the market. It is expected that the global block paving market will advance with higher growth rate as compared to previous years. However the current challenge for the market is erosion of jointing sand, states the MRFR Research Analyst while commenting upon this deep diving study report, presented through more than 100 market data tables and figures, widely spread over 109 pages.
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Key Players
Characterized by the presence of several major well-established and small-scale players, the global Block Paving market appears to be highly fragmented and competitive. Though the large companies have a great geographical presence, the entry of several new companies will pose a stiff competition to them.
Block Paving market is no exception when it comes to adopting prevailing trends, to sustain the market position and to drive the market; Key Players of the market adopt the same prevailing trends such as merger & acquisition or strategic collaboration and investing in local manufacturers in emerging economies for product developments and manufacturing activities
Identified and profiled in MRFR analysis; some of the key players of global block paving market report include McBride Construction, Palmetto Corp, Superior Asphalt Inc., Premier Pavers and Stone, Brett Landscaping & Building Products, Tobermore, Kilsaran International, Marshalls PLC and Paving Superstore.
Segmentation
The Global Block Paving Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation on the basis of Product : Comprises Pavers, Glazed Clay Bricks, and Wall Block
Segmentation by Material : Comprises Clay, Building Bricks, and Concrete
Segmentation by End Use : Comprises Structural, Hardscaping, Siding, Fireplace and other
Segmentation on the basis of Regions:Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Synopsis and Scenario
Bricks, typically made of clay, will see the most rapid growth of any product, driven by the expected robust increases in new housing construction. Brick is used primarily as a siding material on residential buildings, most intensively in the single-family segment. After suffering steep declines during the last decade collapse in housing construction, demand for brick remained low in 2013. Through 2018, demand is projected to rise at a double-digit annual rate.
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