October 7, 2024

Bricks Market Size To Worth USD 2,217.56 Billion By 2032

The global bricks market size surpassed USD 1,684.85 billion in 2023 and is expected to expand to around USD 2,217.56 billion by 2032, growing at a CAGR of 3.1%  from 2023 to 2032.

Key Takeaways

  • North America contributed more than 39% of revenue share in 2022.
  • Asia-Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
  • By brick type, the clay bricks segment held the largest market share of 41% in 2022.
  • By brick type, the concrete segment is anticipated to grow at a remarkable CAGR of 4.1% between 2023 and 2032.
  • By size, the standard segment generated over 48% of revenue share in 2022.
  • By size, the modular segment is expected to expand at the fastest CAGR over the projected period.
  • By application, the residential segment generated over 32% of revenue share in 2022.
  • By application, the infrastructure segment is expected to expand at the fastest CAGR over the projected period.

Bricks Market Size 2023 To 2032

The bricks market is a vital component of the construction industry, serving as the fundamental building blocks for various structures worldwide. Bricks, traditionally made from clay and other materials, have been a staple in construction for centuries. In recent times, the market has witnessed notable advancements, including the introduction of alternative materials and sustainable manufacturing practices. The demand for bricks is closely tied to construction activities, with residential, commercial, and infrastructure projects driving the market’s growth.

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Growth Factors

The growth of the bricks market is propelled by a surge in global construction projects, urbanization, and infrastructure development. The durability, versatility, and aesthetic appeal of bricks contribute to their sustained demand. Additionally, innovations in brick production techniques, such as eco-friendly manufacturing processes and the incorporation of recycled materials, have gained traction, aligning with the growing emphasis on sustainability in the construction sector.

Region Snapshot 

North America captured more than 39% of revenue share in 2022. The bricks market exhibits regional variations influenced by economic development, population growth, and construction trends. Emerging economies in Asia-Pacific, including China and India, have witnessed robust demand due to rapid urbanization and infrastructure expansion. In developed regions like North America and Europe, the market is characterized by a focus on sustainable construction practices and the renovation of existing structures.

Bricks Market Scope

Report Coverage Details
Market Size in 2023 USD 1,684.85 Billion
Market Size by 2032 USD 2,217.56 Billion
Growth Rate from 2023 to 2032 CAGR of 3.1%
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Brick Type, By Size, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Zero Emission Trucks Market Size To Attain USD 60.78 Bn By 2032

Bricks Market Dynamics

Drivers:

Key drivers for the bricks market include the escalating need for affordable housing, government initiatives for infrastructure development, and the rising trend of green building construction. The inherent thermal mass and energy efficiency properties of bricks also contribute to their popularity in regions with extreme climates, driving demand for energy-efficient construction materials.

Opportunities:

Opportunities in the bricks market lie in the exploration of innovative materials and designs, catering to evolving architectural preferences. Furthermore, the integration of technology, such as smart bricks with embedded sensors, presents avenues for differentiation. The emphasis on energy-efficient and environmentally friendly construction practices provides an opportunity for manufacturers to develop bricks that align with sustainability goals.

Challenges:

The bricks market faces challenges related to the environmental impact of traditional manufacturing processes, such as high energy consumption and carbon emissions. Additionally, competition from alternative construction materials and economic downturns affecting construction activities pose challenges to market growth. Addressing these challenges requires a balance between traditional practices and adopting more sustainable and technologically advanced solutions.

Competitive Landscape:

The bricks market is characterized by a competitive landscape with numerous local and global players. Leading companies focus on product innovation, sustainable manufacturing practices, and strategic collaborations to gain a competitive edge. Regional players often cater to specific market segments, emphasizing customization and cost-effectiveness. As the industry evolves, collaborations between manufacturers and research institutions are likely to drive advancements in brick technology and contribute to a more competitive and dynamic market.

Recent Developments

  • In December 2022, Siam Cement BigBloc Construction Technologies, a joint venture between BigBloc Construction Limited and SCG INTERNATIONAL INDIA PVT LTD, successfully secured land in Gujarat, India. The purpose of this acquisition is to establish a factory dedicated to the production of AAC (Autoclaved Aerated Concrete) Blocks and Panels. The anticipated annual production capacity of 300,000 cubic meters is scheduled to commence operations in 2023, reflecting the company’s strategic expansion plans in the Indian market.
  • In October 2021, Wienerberger completed a significant acquisition by taking over Meridian Brick in North America, encompassing operations in the United States and Canada. Meridian Brick, a prominent brick manufacturer, produces over 1.1 billion bricks annually, establishing itself as a leading supplier in regions including Texas, the southeastern USA, Ontario, and Canada. This strategic move enhances Wienerberger’s presence and market share in the North American construction materials industry.

Bricks Market Companies

  • Wienerberger AG
  • Boral Limited
  • CRH plc
  • Ibstock plc
  • Acme Brick Company
  • Hanson Building Products
  • General Shale
  • Glen-Gery Corporation
  • Redland Brick Inc.
  • Brickworks Limited
  • Taylor Maxwell
  • Endicott Clay Products
  • Lignacite
  • Paladino Industrie
  • Grupo Lamosa

Segments Covered in the Report:

By Brick Type

  • Clay
  • Concrete
  • Calcium Silicate
  • Fly Ash
  • Stone

By Size

  • Standard
  • Modular
  • Jumbo

By Application

  • Residential Building
  • Commercial Building
  • Infrastructure
  • Path
  • Parterre
  • Landscaping

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Bricks Market 

5.1. COVID-19 Landscape: Bricks Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Bricks Market, By Brick Type

8.1. Bricks Market Revenue and Volume, by Brick Type, 2023-2032

8.1.1 Clay

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Concrete

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Calcium Silicate

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

8.1.4. Fly Ash

8.1.4.1. Market Revenue and Volume Forecast (2020-2032)

8.1.5. Stone

8.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Bricks Market, By Size

9.1. Bricks Market Revenue and Volume, by Size, 2023-2032

9.1.1. Standard

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Modular

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Jumbo

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Bricks Market, By Application 

10.1. Bricks Market Revenue and Volume, by Application, 2023-2032

10.1.1. Residential Building

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Commercial Building

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Infrastructure

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. Path

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. Parterre

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

10.1.6. Landscaping

10.1.6.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Bricks Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

Chapter 12. Company Profiles

12.1. Wienerberger AG

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Boral Limited

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. CRH plc

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Ibstock plc

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Acme Brick Company

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Hanson Building Products

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. General Shale

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Glen-Gery Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Redland Brick Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Brickworks Limited

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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