Face brick is a term used for brick that is not needed just for the structure, but also for the look, energy efficiency and value.
NEW YORK CITY, NEW YORK, UNITED STATES, March 9, 2020 /EINPresswire.com/ -- Market Summary
The Facing Bricks market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth interpretation of the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Facing Bricks market.
The brick which satisfies the architectural requirements such as form, finish, and function (strength/absorption) is eligible to be used on external faces is known as \"Facing bricks\". Face brick is a term used for brick that is not needed just for the structure, but also for the look, energy efficiency and value. Face brick is generally denser, freer of impurities and has been fired longer than common brick resulting in a more weatherproof (impervious) building.
In addition, the tolerances for face brick are more exacting to allow the mortar joints to be very uniform and they also tend to have more exacting aesthetic properties with a variety of appearances from additives, firing times, glazes, etc. In recent decades in urban areas, it became trendy to expose old common brick walls. By type, the market is segmented into two types, i.e., solid bricks and hollow bricks. By application, the market is divided into residential buildings and commercial buildings. Based on geography, the market is covered across Asia-Pacific, North-America, Europe, Latin America, and Middle-East and Africa.
Facing Bricks Market: Dynamics
As there is urbanization across the globe, the demand for the green building market is increasing in the forecast period. Facing the bricks industry has recorded considerable growth over the past few years, driven by the growth in infrastructure and construction activities. Moreover, the rising population, increase in per capita income, improved economic growth, industrialization and rapid urbanization has augmented the growth prospects of blocks and bricks industry. Also, from the product type, Solid bricks hold the majority of the market share but the hollow type is the fastest-growing segment in the market. Solid brick had the highest market share as it is being traditionally used since ages and is readily available in the market.
Moreover, people are not aware of the new category of bricks such as AAC blocks and usually have been observed to opt for pocket-friendly bricks in most construction works. Solid blocks are commonly used to build load-bearing walls due to its compressive strength of 5 Newton/meter square and density, which is higher as compared to other types of concrete blocks. However, hollow blocks are the second most preferred concrete blocks globally. They have better-insulating properties, more durable, easier to install electrical and plumbing fixtures and are used as outer or inner walls in high rise buildings to reduce the overall dead load of the building.
Facing Bricks: Regional Outlook
From the geographical view, the North American region remains the key consumer and producer of the facing bricks industry. The market in the North America region is projected to dominate across the globe and register robust growth in the coming years. Initiatives towards the hollow façade bricks are the rising trend, and the economies of North America will be contributing factors to the construction growth in the near future. Furthermore, Latin America, followed by Europe, is projected to witness steady growth in the global facing bricks market in the upcoming years. Owing to the growing consumer proclivity and urbanization in the developing countries. The Asia Pacific, followed by MEA, is expected to register healthy growth in the sales of solid bricks in the coming years. Owing to the growing need for industrialization and the rising population is also expected to contribute to the market growth.
Facing Bricks: Competitive Landscape
Facing bricks market is evolving as the scope of applications is increasing over the years. The market is consolidated in nature, with the market shares distributed among the key players. The companies offer products for specific applications. With the rise in demand, the new product development, merger & acquisitions, and investment & expansion strategies are estimated to offer growth potentials in the global facing bricks market during the forecast period.
• Region and country-wise assessment from the period 2017-2027. For the study, 2017-2018 has been utilized as historical data, 2019 as the base year, and 2020-2027, has been derived as forecasts
• Regional Competitors clinical analysis
• Demand and Supply GAP Analysis
• Market share analysis of the key industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 6 years of all the mentioned segments, and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
Facing Bricks: Segmentation
By Product Type (Revenue, USD Million; Volume in Units, 2017–2027)
• Solid Bricks
• Hollow bricks
By Application Type (Revenue, USD Million; Volume in Units, 2017–2027)
• Residential Buildings
• Commercial Buildings
o Wholesale and Retail Building
o Offices
o Academics and Educational Buildings
o Hotels and Restaurants
o Hospitals
