PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339117
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339117
Hollow Concrete Blocks Market Share, Size, Trends, Industry Analysis Report, By Product (Split-faced, Smooth-faced); By Application (Residential, Non-residential); By Region; And Segment Forecasts, 2023 - 2032
The global hollow concrete blocks market size is expected to reach USD 402.36 billion by 2032, according to a new study by Polaris Market Research. The report "Hollow Concrete Blocks Market Share, Size, Trends, Industry Analysis Report, By Product (Split-faced, Smooth-faced); By Application (Residential, Non-residential); By Region; And Segment Forecasts, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Hollow concrete blocks are widely used in residential and non-residential buildings for load-bearing structures, partition walls, and more due to their consistent finish and high dimensional accuracy. Advancements in technology and construction methods are driving demand for durable structures with low maintenance needs, which is expected to further increase demand for hollow concrete blocks. With advancements in technology and construction methods, there are now feasible solutions for building more rigid and durable structures using hollow concrete blocks.
Additionally, there is a growing need for long-lasting building structures that require less maintenance, which is likely to further increase the demand for hollow concrete blocks in the coming period. This trend is expected to continue as the construction industry continues to prioritize sustainability and long-term durability in building design and construction.
Pricing of hollow concrete blocks can vary depending on the type of block and its intended application. For example, lintel blocks, which are used for creating lintels over doors and windows, may be priced differently than partition blocks, which are used for creating internal walls. Additionally, factors such as raw material costs, transportation costs, and regional variation can also affect the pricing of hollow concrete blocks.
The market for hollow concrete blocks is currently experiencing a strong emphasis from industry players on producing affordable, high-quality products, aiming to meet the growing consumer demand. However, the pricing of these products varies depending on the specific type of hollow concrete block used, such as lintel blocks, concrete stretcher blocks, and partition concrete blocks. These pricing differences mainly arise from variations in size, strength, and intended applications of the different types of hollow concrete blocks.
Moreover, the market is influenced by regulatory guidelines promoting the construction of environmentally friendly and energy-efficient buildings. These guidelines are expected to drive the demand for hollow concrete blocks as companies strive to comply with green and energy-efficient construction standards. Companies are actively investing in developing green building products to meet these regulations and cater to the rising demand for sustainable and energy-efficient construction materials. This focus on innovation will likely lead to new and advanced hollow concrete blocks that offer improved environmental sustainability and energy efficiency. Consequently, the industry is positioned to capitalize on significant growth opportunities in the foreseeable future.
Hollow Concrete Blocks Market Report Highlights
Split faced segment will grow at the fastest rate, as there is a rising need for residential buildings with architectural settings; also, the concrete slurry is pre-occupied with giving desired texture and shape.
The smooth-faced segment garnered the largest share due to its high applicability in residential and non-residential buildings.
The non-residential segment is expected to grow at the fastest rate, owing to a rise in government buildings, architectural settings, and public utility spaces.
APAC will grow at the fastest rate, owing to huge untapped regions and government-backed infrastructure projects
The global players include: Acme Brick Company, Brampton Brick, CEMEX SAB, CRH, Magicrete Building Solutions, BGC (Australia), Taylor Concrete Products, Tristar Brick and Block, UltraTech Cement, and Ublok.
Polaris Market Research has segmented the hollow concrete blocks market report based on product, application, and region:
Hollow Concrete Blocks, Product Outlook (Revenue - USD Billion, 2019 - 2032)
- Split-faced
- Smooth-faced
Hollow Concrete Blocks, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Residential
- Non-residential
Hollow Concrete Blocks, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Hollow Concrete Blocks Market Insights
- 4.1. Hollow Concrete Blocks Market - Industry Snapshot
- 4.2. Hollow Concrete Blocks Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing demand from construction industry
- 4.2.1.2. Growing awareness among consumers for lightweight materials
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Fluctuating cost of raw material
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Hollow Concrete Blocks Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Hollow Concrete Blocks Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Hollow Concrete Blocks, by Product, 2019-2032 (USD Billion)
- 5.3. Split-faced
- 5.3.1. Global Hollow Concrete Blocks Market, by Split-faced, by Region, 2019-2032 (USD Billion)
- 5.4. Smooth-faced
- 5.4.1. Global Hollow Concrete Blocks Market, by Smooth-faced, by Region, 2019-2032 (USD Billion)
6. Global Hollow Concrete Blocks Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 6.3. Residential
- 6.3.1. Global Hollow Concrete Blocks Market, by Residential, by Region, 2019-2032 (USD Billion)
- 6.4. Non-residential
- 6.4.1. Global Hollow Concrete Blocks Market, by Non-residential, by Region, 2019-2032 (USD Billion)
7. Global Hollow Concrete Blocks Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Hollow Concrete Blocks Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Hollow Concrete Blocks Market - North America
- 7.3.1. North America: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.3.2. North America: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.3.3. Hollow Concrete Blocks Market - U.S.
- 7.3.3.1. U.S.: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.3.4. Hollow Concrete Blocks Market - Canada
- 7.3.4.1. Canada: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.4. Hollow Concrete Blocks Market - Europe
- 7.4.1. Europe: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.4.2. Europe: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.4.3. Hollow Concrete Blocks Market - UK
- 7.4.3.1. UK: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.4.4. Hollow Concrete Blocks Market - France
- 7.4.4.1. France: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.4.4.2. France: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.4.5. Hollow Concrete Blocks Market - Germany
- 7.4.5.1. Germany: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.4.6. Hollow Concrete Blocks Market - Italy
- 7.4.6.1. Italy: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.4.7. Hollow Concrete Blocks Market - Spain
- 7.4.7.1. Spain: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.4.8. Hollow Concrete Blocks Market - Netherlands
- 7.4.8.1. Netherlands: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.4.9. Hollow Concrete Blocks Market - Russia
- 7.4.9.1. Russia: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.5. Hollow Concrete Blocks Market - Asia Pacific
- 7.5.1. Asia Pacific: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.5.3. Hollow Concrete Blocks Market - China
- 7.5.3.1. China: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.5.3.2. China: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.5.4. Hollow Concrete Blocks Market - India
- 7.5.4.1. India: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.5.4.2. India: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.5.5. Hollow Concrete Blocks Market - Malaysia
- 7.5.5.1. Malaysia: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.5.6. Hollow Concrete Blocks Market - Japan
- 7.5.6.1. Japan: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.5.7. Hollow Concrete Blocks Market - Indonesia
- 7.5.7.1. Indonesia: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.5.8. Hollow Concrete Blocks Market - South Korea
- 7.5.8.1. South Korea: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.6. Hollow Concrete Blocks Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.6.3. Hollow Concrete Blocks Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.6.4. Hollow Concrete Blocks Market - UAE
- 7.6.4.1. UAE: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.6.5. Hollow Concrete Blocks Market - Israel
- 7.6.5.1. Israel: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.6.6. Hollow Concrete Blocks Market - South Africa
- 7.6.6.1. South Africa: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.7. Hollow Concrete Blocks Market - Latin America
- 7.7.1. Latin America: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.7.3. Hollow Concrete Blocks Market - Mexico
- 7.7.3.1. Mexico: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.7.4. Hollow Concrete Blocks Market - Brazil
- 7.7.4.1. Brazil: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- 7.7.5. Hollow Concrete Blocks Market - Argentina
- 7.7.5.1. Argentina: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Acme Brick Company
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Brampton Brick
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. CEMEX SAB
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. CRH
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Magicrete Building Solutions
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. BGC (Australia)
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Taylor Concrete Products
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Tristar Brick and Block
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. UltraTech Cement
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Ublok
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
List of Tables
- Table 1 Global Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 2 Global Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 3 Hollow Concrete Blocks Market Assessment, By Geography, 2019-2032 (USD Billion)
- Table 4 North America: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 5 North America: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 6 U.S.: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 7 U.S.: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 8 Canada: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 9 Canada: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 10 Europe: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 11 Europe: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 12 UK: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 13 UK: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 14 France: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 15 France: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 16 Germany: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 17 Germany: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 18 Italy: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 19 Italy: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 20 Spain: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 21 Spain: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 22 Netherlands: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 23 Netherlands: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 24 Russia: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 25 Russia: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 26 Asia Pacific: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 27 Asia Pacific: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 28 China: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 29 China: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 30 India: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 31 India: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 32 Malaysia: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 33 Malaysia: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 34 Japan: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 35 Japan: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 36 Indonesia: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 37 Indonesia: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 38 South Korea: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 39 South Korea: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 40 Middle East & Africa: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 41 Middle East & Africa: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 42 Saudi Arabia: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 43 Saudi Arabia: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 44 UAE: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 45 UAE: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 46 Israel: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 47 Israel: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 48 South Africa: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 49 South Africa: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 50 Latin America: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 51 Latin America: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 52 Mexico: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 53 Mexico: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 54 Brazil: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 55 Brazil: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
- Table 56 Argentina: Hollow Concrete Blocks Market, by Application, 2019-2032 (USD Billion)
- Table 57 Argentina: Hollow Concrete Blocks Market, by Product, 2019-2032 (USD Billion)
List of Figures
- Figure 1 Global Hollow Concrete Blocks Market, 2019-2032 (USD Billion)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Application
- Figure 7 Global Hollow Concrete Blocks Market, by Application, 2022 & 2032 (USD Billion)
- Figure 8 Market by Product
- Figure 9 Global Hollow Concrete Blocks Market, by Product, 2022 & 2032 (USD Billion)
- Figure 10 Hollow Concrete Blocks Market Assessment, By Geography, 2019-2032 (USD Billion)
- Figure 11 Strategic Analysis - Hollow Concrete Blocks Market
