Market Overview:
The global brick trowels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for construction and infrastructure projects across the globe. Additionally, rising awareness about the benefits of using brick trowels is also contributing to the growth of this market. The global brick trowels market can be segmented on the basis of type, application, and region. On the basis of type, stainless steel, manganese steel, 50# steel and others are some ofthe major segments in this market. Stainless steel is expected to hold a dominant position in this market duringthe forecast period owingto its properties such as corrosion resistance and durability.
Product Definition:
A brick trowel is a tool that is used to apply mortar to the surface of bricks, and then smooth it out. The importance of a brick trowel is that it helps to ensure that the mortar is even and level, which will help to keep the bricks in place.
Stainless Steel:
Stainless steel is a type of metal that has high resistance to corrosion. It is characterized by the presence of a small amount of carbon along with iron and other metals. Stainless steel's resistance to rust makes it ideal for use in tools and equipment that are used in construction activities such as brick laying, road building, bridge building, etc.
The global brick-trowel market size was valued at USD 2 billion in 2016.
Manganese Steel:
Manganese steel is a type of steel that contains manganese. Manganese Steel has higher carbon content as compared to Low-alloy Steel and can be used for producing various types of tools, such as bricktrowels. Bricktrowel made using Manganese Steel have better edge quality than those made from low alloy steels due to the presence of high amount of carbon in it which makes them stronger and resistant to corrosion.
Application Insights:
The demand for the product in traffic construction was valued at USD 6.5 million in 2017 and is expected to grow at a CAGR of XX% over the forecast period. The rising number of road projects across the globe, particularly in developing economies including China, India and Brazil is anticipated to drive the segment growth over the coming years.
Housing construction accounted for a share of 33% in terms of revenue as well as volume wise in 2017 on account of increasing urbanization resulting into increased housing needs which has led to an increase in residential building activities globally during recent years with various governments taking initiatives for affordable housing schemes such as ¢â‚¬Å“housing for all by 2022¢â‚¬in their respective countries which will further boost product demand over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed rapid growth in construction activities owing to increasing demand for housing, commercial spaces, and infrastructure. This upsurge is majorly attributed to growing population coupled with government initiatives such as “Housing for All†program by India's prime minister Narendra Modi that aims at providing affordable houses across the country.
The Middle East & Africa region is anticipated to witness significant growth over the forecast period owing to rising investments from foreign players looking at lucrative opportunities offered by various government projects including hospitals, schools, universities, airports etc., especially in UAE and Saudi Arabia. These players are also involved in real estate development projects which will lead towards increased demand for brick trowels used during construction activities of buildings/infrastructure components such as walls/floors/ceilings etc.
Growth Factors:
- Increasing demand for brick tiles in construction industry
- Rising disposable income of the consumers
- Technological advancements in manufacturing process of brick trowels
- Growing trend of DIY projects among the consumers
- Increasing number of home improvement and renovation projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Brick Trowels Market Research Report
By Type
Stainless Steel, Manganese Steel, 50# Steel, Others
By Application
Traffic Construction, Housing Construction, Industrial Construction, Others
By Companies
Kraft Tool Company, Rubi, Marshalltown, Battiferro, Ningbo Aye International, Civord Industrial, Vicker Tools, Leading Tools Industrial
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Brick Trowels Market Report Segments:
The global Brick Trowels market is segmented on the basis of:
Types
Stainless Steel, Manganese Steel, 50# Steel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Traffic Construction, Housing Construction, Industrial Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kraft Tool Company
- Rubi
- Marshalltown
- Battiferro
- Ningbo Aye International
- Civord Industrial
- Vicker Tools
- Leading Tools Industrial
Highlights of The Brick Trowels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel
- Manganese Steel
- 50# Steel
- Others
- By Application:
- Traffic Construction
- Housing Construction
- Industrial Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Brick Trowels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Brick Trowels are a type of construction tool that is used to remove bricks from a wall. They are made out of metal and have a pointed end that is inserted into the brick, and the other end has a curved blade that is used to scrape the brick off of the wall.
Some of the major companies in the brick trowels market are Kraft Tool Company, Rubi, Marshalltown, Battiferro, Ningbo Aye International, Civord Industrial, Vicker Tools, Leading Tools Industrial.
The brick trowels market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brick Trowels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Brick Trowels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brick Trowels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Brick Trowels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Brick Trowels Market Size & Forecast, 2020-2028
4.5.1 Brick Trowels Market Size and Y-o-Y Growth
4.5.2 Brick Trowels Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Manganese Steel
5.2.3 50# Steel
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Traffic Construction
6.2.2 Housing Construction
6.2.3 Industrial Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brick Trowels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Brick Trowels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Manganese Steel
9.6.3 50# Steel
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Traffic Construction
9.10.2 Housing Construction
9.10.3 Industrial Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Manganese Steel
10.6.3 50# Steel
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Traffic Construction
10.10.2 Housing Construction
10.10.3 Industrial Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Manganese Steel
11.6.3 50# Steel
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Traffic Construction
11.10.2 Housing Construction
11.10.3 Industrial Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Manganese Steel
12.6.3 50# Steel
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Traffic Construction
12.10.2 Housing Construction
12.10.3 Industrial Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Manganese Steel
13.6.3 50# Steel
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Traffic Construction
13.10.2 Housing Construction
13.10.3 Industrial Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Brick Trowels Market: Competitive Dashboard
14.2 Global Brick Trowels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kraft Tool Company
14.3.2 Rubi
14.3.3 Marshalltown
14.3.4 Battiferro
14.3.5 Ningbo Aye International
14.3.6 Civord Industrial
14.3.7 Vicker Tools
14.3.8 Leading Tools Industrial
