Clay Brick & Product Manufacturing in the US
The Clay Brick and Product Manufacturing industry manufactures clay bricks, ceramic tiles and refractory products. Clay bricks and tiles are principally used for housing construction and renovation, while refractory products are used to line kilns and furnaces as well as for various purposes in the production of foundry, cement and glass products. Major markets include the residential sector and the primary steel and nonferrous metal manufacturing sectors. Increased demand from these markets has benefited the industry over the five years to 2018, although weakened demand from the steel sector in the latter half of the period has constrained the refractory segment's performance. Moving forward, industry operators are expected to see slowing demand from the construction sector. They are likely to see less competition from imports but still experience difficulties exporting products to other countries. IBISWorld expects average profit margins to remain steady over the next five years, with the industry placing increased focus on higher margin products.
Operators in this industry manufacture clay building material including bricks, mortars and ceramic tiles. Operators also manufacture clay and nonclay refractories, which are structures that retain their shape and chemical identity when subjected to high temperatures; these structures 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.