Global concrete block and brick manufacturing market to garner $588.15 billion by 2030: Allied Market Research
13 September 2021
Portland, OR, Sept. 13, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global concrete block and brick manufacturing market generated $339.59 billion in 2020, and is anticipated to reach $588.15 billion by 2030, manifesting a CAGR of 5.7% from 2021 to 2030. The report presents in-depth information related to the current and emerging concrete block & brick manufacturing market trends and dynamics, key players, and research and developments. Increase in government expenditures on infrastructure projects, rise in need for short construction time, and cost-effective items are the factors driving the growth of the global concrete block and brick manufacturing market. However, increase in the adoption of environment-friendly material for the construction of buildings creates a major restraint to the market. As far as the opportunities available to the market are concerned, progress in manufacturing technology is turning out to be useful. Download Sample PDF (210 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/8665 Covid-19 Scenario: The report offers detailed segmentation of the global concrete block and brick manufacturing market based on type, application, end-user, and region. Based on type, the brick segment accounted for the largest market share in 2020, contributing to around three-fifths of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, the concrete block segment is estimated to witness the fastest CAGR of 5.9% from 2021 to 2030. Get detailed COVID-19 impact analysis on the global concrete block and brick manufacturing market Request here Based on the application, the structural segment contributed to the largest share in 2020, accounting for more than four-fifths of the global concrete block and brick manufacturing market. However, the non-structural segment is expected to lead the market with the manifestation of the highest CAGR of 6.4% from 2021 to 2030. Based on region, Asia-Pacific contributed to the highest share in 2020, holding more than two-thirds of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, LAMEA is expected to portray the fastest CAGR of 6.7% during the forecast period. Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/8665 Leading players of the global concrete block and brick manufacturing market analyzed in the research include Bauroc AS, Mona Precast (Anglesey) Ltd., Boral, CRH, Acme Brick Company, Lignacite Ltd., Midwest Block & Brick, Wienerberger AG, CEMEX, S.A.B. de C.V., and Xella Group. Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter Get more information: https://www.alliedmarketresearch.com/library-access Similar Reports: Construction Flooring Market: Global Opportunity Analysis and Industry Forecast, 2021-2028 Double Block & Bleed Valves Market: Global Opportunity Analysis and Industry Forecast, 2021-2028 Green Cement and Concrete Market: Global Opportunity Analysis and Industry Forecast, 2021-2028 Construction Scaffolding Rental Market: Global Opportunity Analysis and Industry Forecast, 2021-2028 Aluminum Composite Panel Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports. Contact us: David Correa
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