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The global bricks market size reached around USD 1686.49 Billion in 2023. The market is projected to grow at a CAGR of 3.00% between 2024 and 2032 to reach nearly USD 2200.49 Billion by 2032.
Base Year
Historical Year
Forecast Year
As per the United Nations Environment Programme, worldwide investments in making buildings more energy efficient surged by 14% in 2021 and reached USD 285 billion. Since 2021, 17 countries have either updated their national building codes or developed new guidelines for the construction of energy-efficient buildings, including the United Kingdom, Germany, Sweden, and France. As a part of global decarbonisation efforts, the UNEP suggests that all G20 nations and nearly 50% all remaining countries worldwide must establish new building energy codes which align with zero emission standards before 2030. It also suggests that countries should reduce their building energy intensity by 5% every year till 2030. This is expected to increase the bricks market revenue as bricks are energy-efficient and are considered as sustainable construction material in developing residential and commercial properties.
The implementation of large-scale infrastructure projects has also increased the demand for automated brick making machines, which is one of the major market trends. These machines are capable of self-producing large volumes of bricks, thereby reducing labour costs and enhancing the efficiency of construction operations. The integration of AI capabilities into brick making machines is expected to further enhance their productivity and reduce the risk of machine downtime by preventing sudden breakdowns. This is expected to fuel the bricks market development over the forecast period.
Value in USD Billion
2024-2032
Bricks Market Outlook
*this image is indicative*
The increasing construction of multi storied buildings, accommodation of bricks for combating rising temperatures, reclamation of brick waste, and rise of additive manufacturing are factors impacting the bricks market growth.
Rising construction activities has substantially increased the demand for calcium silicate bricks, which have a high compressive strength of 10N/mm sq. Calcium silicate bricks also have excellent water repellent and fire resistance properties, which makes them an ideal material for real estate development.
Bricks have a high-thermal mass, which enhances their ability to regulate indoor air temperatures. With increasing global temperatures, bricks are expected to become an essential raw material for the construction industry.
Start-up companies are producing new bricks from 90% construction waste to drive circular economic growth. These bricks possess different colours and are created from customised moulds. This is one of the key bricks market trends.
3D printed bricks, made from a mixture of sand, cement, and additives are expected to reduce material wastage and optimise resource utilisation within the construction sector, thereby driving market growth.
The increasing preference for calcium silicate bricks among construction companies is expected to favourably shape the bricks market outlook. This is because the use of calcium silicate bricks can reduce the overall production costs by 40%, minimise the application of mortar, and lower wastage of products. Moreover, coloured calcium silicate bricks do not require wall finishing and they enhance the accessibility and comfort of designing buildings for architects. They are also soundproof and reduce the effect of solar radiation on exposed walls.
The EMR’s report titled “Global Bricks Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Breakup by Brick Type
Breakup by Size
Breakup by Application
Breakup by Region
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Over the forecast period of 2024-2032, the Asia Pacific is expected to grow at a CAGR of 3.5% because of the expansion of the construction industry in countries like India, China, and Japan.
Major players in the bricks market are expected to adopt AI-based automated machines for ensuring high-quality brick production while preventing unforeseen losses due to machine breakdown.
Glen-Grey Corporation was established in 1890. Its primary headquarter is situated in Pennsylvania, United States. It renowned for brands like are Sioux City Brick, Lawrenceville Brick, and Cushwa Brick, and is engaged in manufacturing a wide range of construction materials.
Forterra Building Products Ltd. was established in 1960. Its primary headquarter is situated in Peterborough, ...
General Shale, Inc. was established in 1928. Its primary headquarter is situated in Tennessee, United States. ...
Taylor Clay Products Inc. was established in 1832. It primary headquarter is situated in North Carolina, Unite...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players included in the bricks market report are Wienerberger AG, Boral Ltd., Ibstock Brick Ltd., Acme Brick Company, Brickworks Limited, CRH plc, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 1686.49 Billion.
The market is projected to grow at a CAGR of 3.00% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 2200.49 Billion by 2032.
Key trends aiding the market expansion are the increasing construction of multi storied buildings, need to combat rising temperatures, reclamation of brick waste, and growth of additive manufacturing.
The different types of bricks in the market are clay, concrete, calcium silicate, fly ash, and stone.
The different applications of bricks in the market are buildings, path, and parterre, among others.
Key market players are Wienerberger AG, Glen-Gery Corporation, Forterra Building Products Ltd., Boral Ltd., Ibstock Brick Ltd., Acme Brick Company, Brickworks Limited, CRH plc, General Shale, Inc., and Taylor Clay Products Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Brick type |
|
Breakup by Size |
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Breakup by Application |
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Breakup by Region |
|
Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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