Concrete bricks and blocks high tensile strength and are far better than conventional bricks. They are utilized in the construction of various building structures. They are also known as concrete masonry units (CMUs). Concrete bricks, blocks, and pipes are manufactured by many companies in this industry. Some of the concrete pipe products include sewer storm pipes, reinforced pressure pipes, and such other related pipes. Despite of the economic slowdown, the market has grown steadily and has expanded well, primarily in emerging nations.
This industry is in its mature stage and is expected to excel effectively in developing countries. The growth in industrialization and IT has fuelled the expansion of the construction industry, especially in emerging countries. Significant changes in the industrial sector have triggered the development of the overall infrastructure of many regions. Eventually, the demand for durable products has in turn triggered the manufacturing of concrete blocks and bricks. The paradigm shift in lifestyle and technology has boosted the demand for such durable, strong products which is fuelling the market growth. The low cost involved in the manufacturing of concrete blocks and bricks have compelled many developers to adopt this new material which requires less processing compared to conventional material.
The EPA and Greenpeace have implemented certain policies due to the rise in global warming. The increasing consumption of concrete blocks and bricks is one of the reasons which is responsible for rise in the global temperature. Heat is trapped in concrete structures and that results in increased temperature. The rise in temperature is compounded with increased usage of air conditioners, which is also referred to as the heat island effect, which adds to the global temperature. Hence, the utilization of concrete blocks and bricks have been restrained and inhibited.
The market would discover opportunities and is expected to excel effectively in industrial applications. The market comprises of many branded and non-branded participants. Some of the participants of the market include Supreme Concrete, Brickwell, SK Exim and others.
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