Clay Brick & Product Manufacturing in Canada
Over the five years to 2017, import penetration has limited revenue growth for operators as has competition from substitute products. However, recovering demand from the domestic construction and industrial manufacturing markets has kept overall demand for clay products afloat. Accordingly, IBISWorld expects revenue to increase marginally. Over the five years to 2022, industry revenue is expected to decline due to stagnating demand for refractories from the domestic metal manufacturing and energy markets. The industry will likely remain small, fragmented and unable to fully withstand the competitive pressure of imports in the coming years. Still, exports will provide a partial respite for operators, as will continued product development within the refractory product segment.
This industry manufactures clay building material including bricks, mortars and ceramic tiles. Operators also manufacture refractories, which are structures that retain their shape and chemical identity when subjected to high temperatures; refractories are ideal for use in kilns and furnaces. Major buyers of industry products include building markets, steel manufacturers and companies in the mineral refining sector.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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