Market Overview:
The global hollow concrete blocks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hollow concrete blocks from the construction industry, owing to their properties such as high strength-to-weight ratio, thermal insulation, and resistance to fire and moisture. In addition, the growing awareness about energy conservation is also propelling the demand for hollow concrete blocks in residential and commercial buildings.
Product Definition:
Hollow concrete blocks are precast, lightweight blocks that have a hollow center. They are often used for the construction of walls, partitions, and other structures.
Ordinary Concrete Small Hollow Block:
Hollow concrete blocks are one of the most versatile construction materials available in the market. They can be used for both interior and exterior walls, depending on the application. The versatility of these products is expected to drive their demand over the forecast period. Owing to their low cost, ease of use and lightweight characteristics; hollow concrete blocks have been witnessing a steady growth in various countries including India, China, Brazil and South Africa among others where construction activities are booming.
Light Aggregate Small Hollow Block:
Light aggregate small hollow block is a type of concrete masonry unit. It has less volume and large surface area, which provides an excellent opportunity for the rapid formation of strong mortar bond. Light aggregate small hollow blocks are used in construction applications where high strength and durability are required at a low cost.
Application Insights:
Building was the largest application segment in 2017 and accounted for a share of over 80.0% in terms of revenue. The growth can be attributed to increasing construction activities across various applications including path, parterre, and others. Hollow concrete blocks are lightweight; as a result, they reduce the load on pavements thereby reducing maintenance costs associated with pavements. Furthermore, hollow concrete blocks have smaller footprint which reduces the required area for parking thus providing an opportunity to develop larger lot sizes resulting in increased housing options which is likely to propel demand over the forecast period.
Regional Analysis:
The Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing construction activities, coupled with growing urbanization and rising disposable income levels among consumers.
In addition, countries such as China and India are witnessing rapid economic growth that has led to an increase in residential and commercial construction activities across these countries. Moreover, government initiatives encouraging people from rural areas to move into cities for employment are likely to contribute significantly toward regional growth during the forecast period.
Europe was estimated at USD X million in 2017 owing high demand from Germany (inclined walls), U K., Italy (ordinary concrete small hollow block) & Poland (light aggregate small hollow block).
Growth Factors:
- Increasing demand for hollow concrete blocks from the construction sector as a result of growing population and rapid urbanization.
- Rising awareness about the benefits of using hollow concrete blocks among architects, builders, and consumers.
- Technological advancements in the manufacturing process of hollow concrete blocks that lead to improved quality and durability.
- Growing popularity of green building concepts that promote use of energy-efficient and environment-friendly construction materials like hollow concrete blocks.
- Government initiatives and incentives for promotion of green buildings that is likely to spur demand for Hollow Concrete Blocks market in the coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Hollow Concrete Blocks Market Research Report
By Type
Ordinary Concrete Small Hollow Block, Light Aggregate Small Hollow Block
By Application
Building, Path, Parterre, Other
By Companies
Midland Concrete Products, Inc., Adams an Oldcastle Company, Concrete Products, CEMEX, Brampton Brick, Taylor Concrete, Tristar Brick & Block LTD, Materials Products International, Hi-Way Concrete, Ideal Concrete Block Co., McNear Brick & Block, LEE MASONRY PRODUCTS, Tianjin Guofeng Jiancai, Qingchang Jiancai, Zhejiang JIanfeng Group, Supreme Concrete, Columbia Block & Brick
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Hollow Concrete Blocks Market Report Segments:
The global Hollow Concrete Blocks market is segmented on the basis of:
Types
Ordinary Concrete Small Hollow Block, Light Aggregate Small Hollow Block
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
Building, Path, Parterre, Other
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:
- Midland Concrete Products, Inc.
- Adams an Oldcastle Company
- Concrete Products
- CEMEX
- Brampton Brick
- Taylor Concrete
- Tristar Brick & Block LTD
- Materials Products International
- Hi-Way Concrete
- Ideal Concrete Block Co.
- McNear Brick & Block
- LEE MASONRY PRODUCTS
- Tianjin Guofeng Jiancai
- Qingchang Jiancai
- Zhejiang JIanfeng Group
- Supreme Concrete
- Columbia Block & Brick
Highlights of The Hollow Concrete Blocks 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:
- Ordinary Concrete Small Hollow Block
- Light Aggregate Small Hollow Block
- By Application:
- Building
- Path
- Parterre
- Other
- 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 Hollow Concrete Blocks 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Hollow concrete blocks are a type of concrete block that have been made hollow. This makes them lighter and easier to transport, and it also allows them to be filled with air or other gases, which makes them more durable.
Some of the major companies in the hollow concrete blocks market are Midland Concrete Products, Inc., Adams an Oldcastle Company, Concrete Products, CEMEX, Brampton Brick, Taylor Concrete, Tristar Brick & Block LTD, Materials Products International, Hi-Way Concrete, Ideal Concrete Block Co., McNear Brick & Block, LEE MASONRY PRODUCTS, Tianjin Guofeng Jiancai, Qingchang Jiancai, Zhejiang JIanfeng Group, Supreme Concrete, Columbia Block & Brick.
The hollow concrete blocks market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hollow Concrete Blocks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hollow Concrete Blocks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hollow Concrete Blocks Market - Supply Chain
4.5. Global Hollow Concrete Blocks Market Forecast
4.5.1. Hollow Concrete Blocks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hollow Concrete Blocks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hollow Concrete Blocks Market Absolute $ Opportunity
5. Global Hollow Concrete Blocks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hollow Concrete Blocks Market Size and Volume Forecast by Type
5.3.1. Ordinary Concrete Small Hollow Block
5.3.2. Light Aggregate Small Hollow Block
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hollow Concrete Blocks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hollow Concrete Blocks Market Size and Volume Forecast by Application
6.3.1. Building
6.3.2. Path
6.3.3. Parterre
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hollow Concrete Blocks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hollow Concrete Blocks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hollow Concrete Blocks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hollow Concrete Blocks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hollow Concrete Blocks Demand Share Forecast, 2019-2029
9. North America Hollow Concrete Blocks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hollow Concrete Blocks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hollow Concrete Blocks Market Size and Volume Forecast by Application
9.4.1. Building
9.4.2. Path
9.4.3. Parterre
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hollow Concrete Blocks Market Size and Volume Forecast by Type
9.7.1. Ordinary Concrete Small Hollow Block
9.7.2. Light Aggregate Small Hollow Block
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hollow Concrete Blocks Demand Share Forecast, 2019-2029
10. Latin America Hollow Concrete Blocks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hollow Concrete Blocks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hollow Concrete Blocks Market Size and Volume Forecast by Application
10.4.1. Building
10.4.2. Path
10.4.3. Parterre
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hollow Concrete Blocks Market Size and Volume Forecast by Type
10.7.1. Ordinary Concrete Small Hollow Block
10.7.2. Light Aggregate Small Hollow Block
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hollow Concrete Blocks Demand Share Forecast, 2019-2029
11. Europe Hollow Concrete Blocks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hollow Concrete Blocks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hollow Concrete Blocks Market Size and Volume Forecast by Application
11.4.1. Building
11.4.2. Path
11.4.3. Parterre
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hollow Concrete Blocks Market Size and Volume Forecast by Type
11.7.1. Ordinary Concrete Small Hollow Block
11.7.2. Light Aggregate Small Hollow Block
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hollow Concrete Blocks Demand Share, 2019-2029
12. Asia Pacific Hollow Concrete Blocks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hollow Concrete Blocks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hollow Concrete Blocks Market Size and Volume Forecast by Application
12.4.1. Building
12.4.2. Path
12.4.3. Parterre
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hollow Concrete Blocks Market Size and Volume Forecast by Type
12.7.1. Ordinary Concrete Small Hollow Block
12.7.2. Light Aggregate Small Hollow Block
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hollow Concrete Blocks Demand Share, 2019-2029
13. Middle East & Africa Hollow Concrete Blocks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hollow Concrete Blocks Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hollow Concrete Blocks Market Size and Volume Forecast by Application
13.4.1. Building
13.4.2. Path
13.4.3. Parterre
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hollow Concrete Blocks Market Size and Volume Forecast by Type
13.7.1. Ordinary Concrete Small Hollow Block
13.7.2. Light Aggregate Small Hollow Block
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hollow Concrete Blocks Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Hollow Concrete Blocks Market: Market Share Analysis
14.2. Hollow Concrete Blocks Distributors and Customers
14.3. Hollow Concrete Blocks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Midland Concrete Products, Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Adams an Oldcastle Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Concrete Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CEMEX
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Brampton Brick
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Taylor Concrete
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tristar Brick & Block LTD
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Materials Products International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hi-Way Concrete
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ideal Concrete Block Co.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. McNear Brick & Block
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. LEE MASONRY PRODUCTS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tianjin Guofeng Jiancai
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Qingchang Jiancai
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zhejiang JIanfeng Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Supreme Concrete
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Columbia Block & Brick
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
