Concrete Blocks and Bricks Market: Size, Share, Competitive Analysis 2032
The global concrete blocks and bricks market size was valued at USD 350.80 billion in 2021. The market is projected to grow from USD 369.66 billion in 2022 to USD 566.41 billion by 2029, exhibiting a CAGR of 6.3% during the forecast period. Concrete blocks and bricks are used in commercial, residential, and industrial construction. The product offers thermal resistance and other various advantages if certain parameters are followed. Fortune Business Insights presents this information in its report titled “Concrete Blocks and Bricks Market, 2025-2032."Concrete blocks and bricks are widely used in residential, commercial, and industrial construction due to their thermal resistance, durability, and cost-effectiveness. They enable faster, stronger, and more systematic construction compared to plasterboard walls and are also used for fireplaces, chimneys, and non-bearing walls, offering high compressive strength and eco-friendly benefits.
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Segments:
By Type, Cement Blocks to Gain Demand through 2029
On the basis of type, the market is segmented into cement block (hollow, fully solid, cellular) and brick (clay, fly ash clay, sand lime and others). Bricks are the oldest construction material and they are cheaper compared to other bricks. Fly ash clay bricks are highly improved, well quality bricks that are preferred over normal clay bricks. Concrete blocks are versatile and due to their wide variety of appearance, they are used heavily. These blocks are also called as Concrete Masonry Unit (CMU) or cinder blocks. Concrete blocks do not absorb heat so they require less insulation compared to other construction materials.
By Application, Residential Segment to Gain Traction over 2022-2029
In terms of application, the market is divided into residential, commercial, and institutional. Out of these, the residential segment is expected to grow. With increasing population, demand for renovation in urban areas and people opting to have nuclear families are likely to grow the market share. Additionally, governments worldwide have developed programs that are aimed at designing and building using resources that align with the concept of green construction.
Report Coverage:
The report offers:
- Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
- Comprehensive insights into regional developments.
- List of major industry players.
- Key strategies adopted by the market players.
- Latest industry developments include product launches, partnerships, mergers, and acquisitions.
Drivers & Restraints:
Expansion of the Market due to Wider Concrete Blocks and Bricks Applications
The concrete blocks and bricks market growth is primarily driven by autoclaved aerated blocks and bricks. The blocks and bricks provide aesthetic appeal and strong architectural structure. The demand for autoclaved aerated blocks has increased significantly worldwide due to modular design. In modular building, the sections are assembled on site and built offsite. This fast pace approach increases the demand for the product.
However, manufacturing these products emits toxic gases. Most concrete blocks are manufactured out of Portland cement, which results in massive amount of carbon dioxide (CO2) emission, further resulting in soil, water, and air pollution.
Regional Insights:
Asia Pacific Registered Highest Market Share in 2021 due to Growing Infrastructure and Rising Population
The Asia Pacific market grew exponentially due to rise in population and growing infrastructure. China and India are the most populous in this region. Demand for apartments, bungalows, and buildings is pushing forward the market growth. Therefore, this results in the rising number of manufacturers of construction materials such as cement blocks and bricks.
North America accounted for a significant concrete blocks and bricks market share. Countries in the U.S. have greater per capita income. This leads to pressure on manufacturers to provide high-quality construction materials.
Competitive Landscape:
Leading Players Developing Newer Technologies to Stay Competitive
Constant R&D activities and providing improved material to industry keep the major players to stay relevant and dominate the market. This also keeps a leading edge over other companies to their different offerings and improved proprietary types. Brickworks Limited, Midwest Block, and Brick and Monaprest are some of the leading concrete blocks and bricks companies.
Key Industry Development:
- April 2022 - Brickworks Limited announced that the group would establish its presence in North Queensland. The group decided to extend its manufacturing and distribution operation to maximize revenue.
- January 2022 - CEMEX, S.A.B. de C.V. announced it agreed with the U.K.-based company Breedon Group plc to sell certain assets. This kind of agreement is expected to boost the market’s revenue.
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