What is Concrete Pipes and Blocks Market?
The Concrete Pipe and Block Manufacturing industry produces concrete blocks, bricks and pipes. These products are primarily used in residential and nonresidential construction, along with infrastructure projects. While concrete blocks are used across the board, concrete pipes are especially reliant on demand from infrastructure markets, such as natural gas distribution and sewage treatment. IBISWorld estimates that the industry's sustained growth has partially resulted from these key markets, however economic downturn at the end of the five years to 2020 has hampered industry growth.
The market study is being classified by Type (Concrete pipes and Concrete blocks), by Application (Concrete building, Sewage, Road construction and Others) and major geographies with country level break-up.
Supreme Concrete LLC (United States), Brickwell (United States), SK Exim (India), LafargeHolcim Ltd (Switzerland), China National Building Material Company Limited (China), Anhui Conch Cement Company Limited (China), CRH Plc (Ireland) and HeidelbergCement AG (Germany) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Concrete Pipes and Blocks market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Concrete Pipes and Blocks market by Type, Application and Region.
On the basis of geography, the market of Concrete Pipes and Blocks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growth in Industrialization and IT is Expected to Fuel the Market
- Low Cost Involved in the Manufacturing of Concrete Pipes and Blocks
- Substantial Changes in the Industrial Sector is Also Expected to Trigger the Development
- Rise in Global Warming Due to the Use of Concrete Pipes and Blocks
- Rising Demand for More Durable Products Would in Turn Trigger the Manufacturing of Concrete Pipes and Blocks
- Evident Shift in Lifestyle and Technology is Forecast to Boost the Demand for Such Strong and Durable Products
- Stiff Competition Among the Major Players
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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