Brick Trends and Forecast
The future of the global brick market looks promising with opportunities in the residential building, commercial building, infrastructure, path, parterre, and landscaping markets. The global brick market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are growing demand for sustainable building materials, rise in architectural trends and design preferences, as well as, growth in construction industry.
• Lucintel forecasts that clay brick is expected to witness the highest growth over the forecast period due to growing focus on eco-friendly building materials and sustainable construction practices.
• Within this market, residential building is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period due to rise in population growth, urbanization, and increasing infrastructure development.
India - The Indian government announced a target to produce 20 billion bricks annually by 2025 to support its ambitious infrastructure projects. Leading brick manufacturers like Wienerberger India are investing in sustainable brick production methods to meet these targets and reduce environmental impact.
China - With increasing emphasis on environmental sustainability, Chinese brick manufacturers such as Yingchuang Building Technique Co., Ltd., are adopting advanced technologies like 3D printing to produce eco-friendly bricks. The governmentÄX%$%Xs push for green building materials further encourages such initiatives.
United States - Companies like Acme Brick are investing in research and development to create innovative brick products that meet the demand for energy-efficient and durable construction materials. The U.S. governmentÄX%$%Xs focus on infrastructure renewal initiatives adds momentum to these efforts.
Brazil - In Brazil, government incentives for affordable housing projects are driving demand for bricks. Companies like Itaúsa, through its subsidiary Duratex, are expanding their brick manufacturing capacity to meet the growing market demand and contribute to the countryÄX%$%Xs housing development goals.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Brick by Segment
The study includes a forecast for the global brick by type, size, application, and region.
Brick Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Clay Bricks
• Calcium Silicate Bricks
• Autoclaved Aerated Concrete Bricks
• Fly Ash Bricks
• Concrete Blocks
• Stone Bricks Clay
Brick Market by Size [Shipment Analysis by Value from 2018 to 2030]:
• Modular
• Standard
• Jumbo
Brick Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential Building
• Commercial Building
• Infrastructure
• Path
• Parterre
• Landscaping
Brick Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Brick Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies brick companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the brick companies profiled in this report include-
• Acme Brick Company
• Brickworks
• Triangle Brick
• Brampton Brick
• GENERAL SHALE,
Recent Development in the Brick Market
Wienerberger: Introduces Porotherm clay blocks with enhanced thermal insulation for sustainable construction.
Yingchuang Building Technique Co., Ltd. (WinSun): Implements large-scale 3D printing technology to produce customizable and eco-friendly bricks for construction projects.
Acme Brick: Launches new line of energy-efficient bricks using recycled materials, aimed at green building construction.
Itaúsa (through Duratex): Expands brick manufacturing operations to meet growing demand for affordable housing projects in Brazil.
Features of the Global Brick Market
Market Size Estimates: Brick market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Brick market size by type, size, application, and region in terms of value ($B).
Regional Analysis: Brick market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, size, applications, and regions for the brick market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the brick market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the brick market size?
Answer: The global brick market is expected to reach an estimated $1.9 billion by 2030.
Q2. What is the growth forecast for brick market?
Answer: The global brick market is expected to grow with a CAGR of 3.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the brick market?
Answer: The major drivers for this market are growing demand for sustainable building materials, rise in architectural trends and design preferences, as well as, growth in construction industry.
Q4. What are the major segments for brick market?
Answer: The future of the global brick market looks promising with opportunities in the residential building, commercial building, infrastructure, path, parterre, and landscaping markets.
Q5. Who are the key brick market companies?
Answer: Some of the key brick companies are as follows:
• Acme Brick Company
• Brickworks
• Triangle Brick
• Brampton Brick
• GENERAL SHALE,
Q6. Which brick market segment will be the largest in future?
Answer: Lucintel forecasts that clay brick is expected to witness the highest growth over the forecast period due to growing focus on eco-friendly building materials and sustainable construction practices.
Q7. In brick market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rise in population growth, urbanization, and increasing infrastructure development.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the brick market by type (clay bricks, calcium silicate bricks, autoclaved aerated concrete bricks, fly ash bricks, concrete blocks, and stone bricks clay), size ( modular, standard, and jumbo), application (residential building, commercial building, infrastructure, path, parterre, and landscaping), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Brick Market, Brick Market Size, Brick Market Growth, Brick Market Analysis, Brick Market Report, Brick Market Share, Brick Market Trends, Brick Market Forecast, Brick Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.