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Brick Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Brick Market is segmented by Brick Type (Clay, Sand Lime, Fly-ash Clay, and Other Brick Types), Application (Buildings, Path, Parterre, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

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Market Snapshot

Brick Market Overview
Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: >3 %
Brick Market Key Players

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Market Overview

The brick market is expected to witness a CAGR of over 3%, during the forecast period. The major factor driving the growth of the brick market is the high demand from the building segment. Moreover, activities, such as urbanization, rapid industrial expansion, government infrastructure projects, are anticipated to escalate the product demand, during the forecast period. Additionally, unfavorable conditions arising due to the sudden outbreak of COVID-19 are restricting the growth of the market studied.

The high consumption area for the brick market is the building segment. With urbanization, rapid industrialization, and focus on developing the infrastructure, the market is expected to propel during the forecast period. Moreover, Asia-Pacific is expected to be the largest market, due to the large-scale production and consumption of brick products in the region.

Scope of the Report

The report on the brick market includes:

By Brick Type
Clay
Sand Lime
Fly-ash Clay
Other Brick Types
By Application
Buildings
Path
Parterre
Other Applications
By Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Growing Demand from the Building Segment to Escalate the Brick Market

  • The global brick market is driven by the factors, including rising urbanization, growing demand for residential and non-residential buildings, and the construction activities to improve and develop the existing infrastructure.
  • The total expenditure in the building construction sectors across the world generated around 13% of the global GDP and estimated to be worth USD 11 trillion in 2019.
  • The non-residential construction in the United States was estimated at USD 531.11 billion in 2019, and it is anticipated to be around USD 590.39 billion by 2023.
  • Saudi Arabia, an oil-rich nation, is planning to shift its economic focus from oil. Therefore, the Saudi government has decided on investing over USD 450 billion in the development of its infrastructure under its Saudi Arabia vision plan 2030. It is expected to positively influence the market studied.
  • Thus, the aforementioned factors are expected to drive the building segment of the brick market, during the forecast period.
Brick Market Key Trends

Asia-Pacific to Dominate Brick Market Studied

  • Globally, Asia-Pacific holds a prominent share in the brick market, and it is expected to dominate the market studied, during the forecast period.
  • Asia-pacific has seen rapid urbanization in the last few years, as developing countries, like China, India, and Indonesia, from the region are becoming a global hub for several businesses across the world.
  • Asia-Pacific dominates the construction industry, of which buildings are the major segments across the world, contributing about 46% of the global spending in the construction sector.
  • The Indian government has made an ongoing declaration of its arrangement, which is incorporating the development of 100 smart cities across the country and developing the infrastructure by investing USD 28.18 billion for the upcoming project.
  • Thus, the rising demand from various industries is expected to drive the market studied in the region, during the forecast period.
Brick Market Growth by Region

Competitive Landscape

The brick market is fragmented. Some of the players in the market include Acme Brick, General Shale Brick Inc., Brampton Brick, Triangle Brick Co., and Glen-Gery Corporation.

Acme Brick, Bowerston Shale Co., Brampton Brick, Brickwell, Brickworks, Columbus Brick Company, General Shale Brick Inc., Glen-Gery Corporation, Lignacite Ltd

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Demand from the Building Segment

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Unfavorable Conditions Arising due to COVID-19 Outbreak

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Brick Type

      1. 5.1.1 Clay

      2. 5.1.2 Sand Lime

      3. 5.1.3 Fly-ash Clay

      4. 5.1.4 Other Brick Types

    2. 5.2 By Application

      1. 5.2.1 Buildings

      2. 5.2.2 Path

      3. 5.2.3 Parterre

      4. 5.2.4 Other Applications

    3. 5.3 By Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 France

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Acme Brick

      2. 6.4.2 Bowerston Shale Co.

      3. 6.4.3 Brampton Brick

      4. 6.4.4 Brickwell

      5. 6.4.5 Brickworks

      6. 6.4.6 Columbus Brick Company

      7. 6.4.7 General Shale Brick Inc.

      8. 6.4.8 Glen-Gery Corporation

      9. 6.4.9 Lignacite Ltd

      10. 6.4.10 Meridian Brick

      11. 6.4.11 Oldcastle Masonry

      12. 6.4.12 Palmetto Brick Company

      13. 6.4.13 Supreme Concrete

      14. 6.4.14 Triangle Brick Co.

      15. 6.4.15 Xella Group

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Brick Market market is studied from 2016 - 2026.

The Brick Market is growing at a CAGR of >3% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Acme Brick, Brampton Brick, Glen-Gery Corporation, General Shale Brick Inc., Triangle Brick Co. are the major companies operating in Brick Market.

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