Concrete Block and Brick Manufacturing

Concrete Block and Brick Manufacturing

Global Concrete Block and Brick Manufacturing Market to Reach 2.3 Trillion Units by 2027

In the changed post COVID-19 business landscape, the global market for Concrete Block and Brick Manufacturing estimated at 1.9 Trillion Units in the year 2020, is projected to reach a revised size of 2.3 Trillion Units by 2027, growing at a CAGR of 2.4% over the analysis period 2020-2027. Concrete Blocks, one of the segments analyzed in the report, is projected to record a 2.1% CAGR and reach 1 Trillion Units by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Brick segment is readjusted to a revised 2.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at 522.6 Billion Units, While China is Forecast to Grow at 4.4% CAGR

The Concrete Block and Brick Manufacturing market in the U.S. is estimated at 522.6 Billion Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 448.9 Billion Units by the year 2027 trailing a CAGR of 4.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 310.4 Billion Units by the year 2027.

AAC Block Segment to Record 3% CAGR

In the global AAC Block segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These regional markets accounting for a combined market size of 320.5 Billion Units in the year 2020 will reach a projected size of 382.3 Billion Units by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 3.9% CAGR through the analysis period.

Select Competitors (Total 23 Featured) -

• Acme Brick Co., Inc.
• Boral Ltd.
• CRH Americas Materials, Inc.
• General Shale Inc
• Midwest Block & Brick
• UltraTech Cement Ltd.
• Wienerberger AG
• Xella Group

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.