ALBANY, NY, January 6, 2021 / PRNewswire / – The urban infrastructure landscape has undergone significant development in recent times. Skyscrapers are being built all over cosmopolitan areas, city centers and even rural areas. This has led the construction industry to increase the gradient of expertise in the field of research, analysis, and quality analysis. The use of concrete, mortar, and brick is the foundation for the construction industry. Whether it’s the development of roads and bridges, or the construction of tall buildings, the use of brick and concrete is essential to this industry. Despite these factors, it is safe to say that the global concrete and brick manufacturing market will grow at a strong pace in the future.
The global concrete and brick block manufacturing market is projected to expand at a strong CAGR of just over 3% in the projected period between 2019 and 2027. The slow growth rate of the market can be attributed to a moderate movement gradually from the use of traditional building materials to high-grade concrete. Despite the limited growth rate, the demand within the concrete and brick manufacturing market is about to achieve stable standards. Total output volume across the global concrete and brick block manufacturing market is expected to reach 2700 Bn units by 2027, growing from a mark of 2100 Bn units in 2018. It is safe to expect that this market becomes a function of the number of construction sites that will emerge in the coming years.
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Main Findings of the Report
- Emphasis on Quality of Engineering and Construction
The need for concrete stems from the unprecedented focus on quality and strength in the construction industry. The use of traditional building materials that mixed mortar, sandstone and other materials has declined recently. Moreover, concretes are the only materials that can provide the necessary strength to large structures. As a result, the global concrete and brick manufacturing market is going down a profitable path in recent years. In addition, access to bricks and concrete of various grades and properties has expanded the scope of testing across the construction industry. Building contractors and designers need to be particularly specific about the different types of concrete and mortar used across large structures. The choice of concrete and brick depends largely on the strength of the structure.
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- Early urbanization
The rapid pace of urbanization has created new avenues for growth across the global concrete and brick manufacturing market. In addition to schools, hospitals, and residential buildings, the construction of government buildings, administrative units, and amusement parks has also gained momentum across development regions of the world. The development and improvement of the infrastructure landscape has become a resource for state planners and developers. Out of this, the global concrete and brick manufacturing market is slated to move forward on a profitable path in the futures. There is little controversy over the suitability of bricks such as clay, limestone, and fly ash in the construction industry. This has also accelerated the pace of growth across the global market.
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Global concrete and brick block manufacturing market: growth drivers
Architects and civil engineers emphasize the use of high-grade concrete and bricks for projects involving large structures. Mixing concrete and steel bricks is easier compared to other materials and ingredients. The construction industry’s focus on quality assurance has been good for the global market.
Global concrete and brick block manufacturing market: leading companies
- Acme brick company
- Boral Limited
- UltraTech Cement Limited.
- CEMEX SAB of CV
- Xella Group
- Siporex LCC Company
- Lignacite Limited
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