Red Brick Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
Red brick is an important material primarily used in the construction of buildings. Red bricks protect the building from the heat as it collects heat energy that is absorbed during daylight and releases the heat after the sun sets. This process helps to keep the house cool in summer and warm in winter. Red brick is strong for normal construction and the raw material for red bricks are easily available with low cost of maintenance. Red bricks have strong plaster durability to hold the bricks together for a longer period of time.
Increasing construction activity and infrastructure, rising per capital income, rapid industrialization and urbanization, and increasing economic growth are the major trends which are projected to drive the demand for red brick during the forecast period. Furthermore, rising demand for premium quality and eco-friendly material is the key driver estimated to expand the overall red brick market in the near future. Red bricks generate very small amount of waste and release minimal environmental pollutants; therefore, they are environment friendly and degrade completely. However, due to low profitability for builders, various builders are avoiding red bricks production, which is estimated to obstruct the red brick market during the forecast period. Red bricks are fire resistant, easily recyclable, and reusable which is projected to be an opportunity to drive the red brick market during the forecast period.
The global red brick market has been segmented by bricks type, color type, size, end use industry, and region. In terms of bricks type, the market has been divided into solid bricks and hollow bricks. On the basis of color type, the market is segmented into single color bricks and blend bricks. According to size, the market is bifurcated into small and large. There are mainly two types of size in inches in the red bricks market which includes 4 inches red brick and 6 inches red brick. Additionally, the red brick market based on end use industry is categorized into residential and commercial industry. Commercial industry segment is expected to expand faster as compared to residential end use segment. This is mainly due to increasing construction and new commercial offices being opened all around the globe.
Based on geographic regions, the global red brick market is classified across Europe (EU), North America (NA), Middle East & Africa (MEA), South America (SA), and Asia Pacific (APAC). North America country-level analysis features Canada, the U.S., and Rest of North America. Europe’s red brick market analysis and forecast includes markets across Germany, the U.K., France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, Australia, and Rest of APAC region. Middle East & Africa depicts the red brick market analysis and forecast across South Africa, GCC countries, and Rest of Middle East & Africa. The South America red brick market is segmented among Argentina, Brazil, and Rest of South America. Asia Pacific accounts for the largest market share currently and is expected to continue its dominance throughout the forecast period. With the increasing population, the need for housing is also rising.
Major companies operating in the global red brick market include Belden Brick, Brickhunter Limited, Redland Brick, PGH Bricks & Pavers Pty Ltd, El Khayyat Red Bricks Manufacturing, Shri Swami Bricks Industries,The Bespoke Brick Company, CityCastle, Neptune Industries Ltd., Al Diyar (Diyar Home), S. Anselmo ISOVISTA, Arora Firebricks, TOTAL Panel System, S.A., Green Leaf Brick, and Triangle Brick Co. The red brick market is growing owing to the durability of these bricks in extreme weather condition. Most vendors sell and promote their red bricks products via their own online sales website and some through e-tailer websites.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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