The commercialization scale of concrete brick market has witnessed a remarkable uptick in the past few years owing to its myriad advantages over the regular bricks. The material has gained remarkable recognition across the buoyant construction domain, driven by its versatility and affordability over its counterparts. Add to it, various government rollouts to revamp public infrastructure has also provided a substantial push to the global concrete brick industry share. Testament of the fact is the rigorous efforts by the industry players to expand their manufacturing capacities.
Citing a relevant instance, Ibstock Brick has inaugurated a new £55 million production facility at Leicestershire last year. Regarded as the foremost firm in Britain’s concrete brick market, Ibstock Brick’s latest plant is forecast to produce approximately 100 million bricks on an annual basis. As has been reported, the new factory has been fully operationalized recently and is currently at half capacity. However, the firm expects the facility to function at its highest capacity by 2019. Elaborating further, the aforementioned instance of Ibstock demonstrates the growing demand for concrete bricks from the construction industry, including both residential & commercial sectors.
A marked increase in brick production across United Kingdom to impact the global concrete brick industry outlook
Concrete bricks have found wide spread acceptance across the UK’s construction sector in the past few decades. According to the recently published figures by Office for National Statistics, the overall brick production in the United Kingdom had registered an impressive 6 percent growth rate in February 2017. Moreover, the UK brick production has further witnessed 13 percent annual growth rate over the rolling quarter of December 2017 to February 2018. Needless to mention, these statistics go on to highlight the optimistic growth prospects of concrete brick market in the UK.
Representing the UK’s clay brick and paver manufacturers, the Brick Development Association has been proactive in initiating various programs that have benefited the stakeholders of the nation’s concrete brick market. The organization has credited the enhanced production of bricks to the introduction of additional brickworks and the ever-increasing output of the existing factories.
Concurrently, concrete bricks offer greater flexibility in design options which has further added to the popularity of these strong building materials. Owing to the fact that these bricks appear even more attractive as they age which significantly increases their aesthetic quotient, they are being massively utilized in the construction of low-cost housing.
Meanwhile, it would be well advised to take note of the anticipated challenges that might dampen the commercialization potential of the global concrete brick market. Owing to the roll out of numerous compliance standards by regulatory authorities, with regards to ecological safety, the demand for environmentally-viable building materials has witnessed a striking upswing over the recent years.
Considering the aforementioned regulations, it is being observed that a few renowned infrastructure firms have been unveiling innovative programs to manufacture ecofriendly bricks. For instance, California based The Boring Company has recently announced that it plans to produce bricks by utilizing excavated mud and dirt from tunnels. As per the statement released by the firm, these bricks could potentially substitute building materials made of concrete and could also be used in constructing low-cost housing complexes across the U.S.
As a consequence of such innovative and sustainable brick manufacturing initiatives, the revenue share of concrete brick industry is likely to be adversely affected given that the concrete production creates significant greenhouse gas emissions.
However, with the ongoing efforts toward sustainable product development, the commercialization potential of this fraternity seems quite bright. The industry encompasses presence of established firms along the likes of CEMEX S.A.B. de C.V. Lignacite Ltd., General Shale Inc., Boral Limited, Magicrete Building Solutions Pvt. Ltd., UltraTech Cement Ltd, Midland Concrete Products Inc., Monaprecast Brickworks Limited, Xella Group, Acme Brick Company, Wienerberger AG, Oldcastle, MaCon LLC, Midwest Block and Brick, and CRH plc, which indeed makes the competitive landscape of concrete brick market highly vibrant.