India comes in behind China as the world's second-largest brick maker. The Indian brick business is mostly unstructured and is characterised by the existence of several small-scale producers that compete with one another on a local level. Clay bricks continue to dominate the brick market in India, which also manufactures fly ash and concrete bricks and blocks, despite the closure and conversion of clay brick kilns to newer technology as a consequence of government initiatives to minimise air pollution from red clay brick kilns. Fly ash and concrete blocks are still not being used to their full potential due to a paucity of fly ash supplied by thermal plants, a lack of consumer education, and the greater cost of concrete blocks in comparison to traditional red clay bricks. In India, residential projects account for a bigger market share than non-residential ones when it comes to the ultimate usage of bricks. The unorganised brick industry in India has a dearth of sizable organised businesses. These players mostly engage in regional operations due to the risk of breakage and higher freight expenses. Since clients in this market sector rely largely on dealers to convince them to acquire their products since they are less informed about these products, dealer margins are more crucial to sales than business marketing and advertising efforts.
The COVID-19 infection has not stopped the building sector from operating, thus market growth for blocks and bricks may stabilise. Construction companies are speeding their investment plans, which will involve the use of cutting-edge building materials, in an effort to make up for the losses they experienced. Furthermore, as global trade has largely restarted, supply chain issues have been resolved. However, a new coronavirus pandemic that is hitting important construction centres like India may cause this industry's growth trajectory to stagnate over the next years. Over the past several years, the brick industry in India has experienced tremendous growth due to the increase of infrastructure and building activities. The rising population, higher per capita income, faster economic growth, industrialization, and rapid urbanisation of India have all contributed to the possibility of the blocks and bricks industry expanding.
India Bricks and Blocks Market Key Players:
The study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as: Ambuja Cement, Ascolite, BigBloc Construction Ltd., Biltech Building Elements Limited, HIL Limited, JK Lakshmi Cement, Magicrete Building Solution Pvt. Ltd., Renaatus Procon Private Limited, Siporex India, UAL Industries, Ultratech Cement.
India Bricks and Blocks Market Segmentation:
By Brick Type: Based on the Brick Type, India Bricks and Blocks Market is segmented as; Clay Brick, Concrete Block, Fly Ash Brick, Others.
By Concrete Block Type: Based on the Concrete Block Type, India Bricks and Blocks Market is segmented as; Solid, Hollow, Cellular Lightweight Concrete (CLC), Ready Mix Concrete (RMC).
By Manufacturing Process of Clay Brick: Based on the Manufacturing Process of Clay Brick, India Bricks and Blocks Market is segmented as; Bull Trench Kilns (BTK), Clamps, Zig-Zag, Fixed Chimney Bull’s Trench Kiln (FCBTK), Others.
By Application: Based on the Application, India Bricks and Blocks Market is segmented as; Residential, Non-Residential.
By Region: In terms of income, the West area, which comprises states like Gujarat, Maharashtra, Rajasthan, and others, commands a lion's share of the market, followed by the South, the North, and the East.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.