Hollow Concrete Blocks Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Hollow Concrete Block Market Share and is segmented by Product Type (Split-faced and Smooth-faced), Application (Residential, Commercial, Industrial, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The report offers market size and forecasts for Hollow Concrete Block in value (USD million) for all the above segments.

Hollow Concrete Blocks Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Hollow Concrete Block Market Size

Hollow Concrete Block Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Hollow Concrete Block Market - Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Hollow Concrete Block Market Analysis

The hollow concrete block market is projected to register a CAGR of over 5% during the forecast period.

The COVID-19 pandemic affected the hollow concrete block market as construction activities were halted. However, the sector has been recovering well since restrictions were lifted. An increase in house sales, new project launches, and increasing demand for new offices and commercial spaces have been leading the market recovery over the last two years.

  • The rising demand for the hollow concrete block market due to increasing construction activities globally is expected to drive the market's growth.
  • However, the fluctuating cost of raw materials to manufacture hollow concrete blocks is likely to hinder the expansion of the studied market.
  • The growing awareness among consumers for lightweight materials in modern architecture is likely to deliver opportunities for the hollow concrete block market over the coming years.
  • The Asia-Pacific region dominates the market across the world with the escalating consumption of hollow concrete blocks from countries, such as China, India, and ASEAN Countries.

Hollow Concrete Block Industry Overview

The hollow concrete block market is fragmented in nature. Some of the major players in the market (in no particular order) include CEMEX SAB de CV, Xella Group, Brampton Brick, MIDLAND BRICK, and Taylor Concrete Products Inc., among others.

Hollow Concrete Block Market Leaders

  1. CEMEX S.A.B. de C.V

  2. Xella Group

  3. Brampton Brick

  4. MIDLAND BRICK

  5. Taylor Concrete Products Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Hollow Concrete Block Market - Market Concentration.png
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Hollow Concrete Block Market News

  • In October 2022, Bharathi Cement Corporation Pvt. Ltd., a group company of VICAT France, inaugurated its 0.75 MTPA bulk cement terminal in Coimbatore. The company also launched 'QUICKCEM', a green cement to cater to Precast and Hollow Block Segments in Tamilnadu and Kerala.
  • In February 2021, Al Weher with help of Zenith Maschinenfabrik commissioned another single-pallet plant with its Zenith 1500 single-pallet machine. The company will be able to produce 30,000 hollow blocks or 2,500 m² rectangular pavers with face mix concrete during an 8-hour shift.

Hollow Concrete Block Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Demand from Construction Industry
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Fluctuating Cost of Raw Material
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Product Type
    • 5.1.1 Split-faced
    • 5.1.2 Smooth-faced
  • 5.2 Application
    • 5.2.1 Residential
    • 5.2.2 Commercial
    • 5.2.3 Industrial
    • 5.2.4 Others
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Acme Brick Company
    • 6.4.2 ALWEHER CO.
    • 6.4.3 Bharathi Cement Corporation Private Limited
    • 6.4.4 Brampton Brick
    • 6.4.5 CEMEX SAB de CV
    • 6.4.6 CRH plc
    • 6.4.7 Magicrete Building Solutions Pvt. Ltd
    • 6.4.8 MIDLAND BRICK
    • 6.4.9 Parker Block (Ernest Maier)
    • 6.4.10 Taylor Concrete Products Inc.
    • 6.4.11 Tristar Brick and Block Ltd
    • 6.4.12 UltraTech Cement Ltd
    • 6.4.13 Xella Group
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Growing Consumer Awareness for Lightweight Product in Construction
  • 7.2 Other Opportunities
**Subject to Availability
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Hollow Concrete Block Industry Segmentation

A hollow concrete block is a block made of concrete that has hollow spaces between its walls. It is used to build different kinds of walls for different purposes like retaining walls, decorative walls, classic walls, etc. Hollow concrete blocks are made of the same ingredients used in poured concrete walls. The hollow concrete block market is segmented by product type, application, and geography. By product type, the market is segmented into split-faced, and smooth-faced. By application, the market is segmented into residential, commercial, industrial, and other applications. The report also covers the market size and forecasts for the hollow concrete block market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD million).

Product Type Split-faced
Smooth-faced
Application Residential
Commercial
Industrial
Others
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
Geography North America United States
Canada
Mexico
Geography Europe Germany
United Kingdom
France
Italy
Rest of Europe
Geography South America Brazil
Argentina
Rest of South America
Geography Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Hollow Concrete Block Market Research FAQs

What is the current Hollow Concrete Block Market size?

The Hollow Concrete Block Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Who are the key players in Hollow Concrete Block Market?

CEMEX S.A.B. de C.V, Xella Group, Brampton Brick, MIDLAND BRICK and Taylor Concrete Products Inc. are the major companies operating in the Hollow Concrete Block Market.

Which is the fastest growing region in Hollow Concrete Block Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Hollow Concrete Block Market?

In 2024, the Asia Pacific accounts for the largest market share in Hollow Concrete Block Market.

What years does this Hollow Concrete Block Market cover?

The report covers the Hollow Concrete Block Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Hollow Concrete Block Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Concrete Block Industry Report

Statistics for the 2024 Concrete Block market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Concrete Block analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.