iCrowd Newswire
29 Sep 2023, 10:02 GMT+10
The market for green building materials is expected to reach US$ 1.5 trillion by 2030, growing at a CAGR of 14% from 2023 to 2030. This growth is being driven by the increasing awareness of the environmental benefits of sustainable building materials, such as clay blocks.
Clay Blocks Market size is valued at $5.4 Billion in 2022 and is expected to reach a value of $7.95 billion by 2030 at a CAGR of 6.6% during the forecast period 2023-2030. Clay blocks market encompasses the production and distribution of construction materials crafted from natural clay, subjected to high-temperature firing in kilns. Renowned for their robustness and excellent thermal insulation properties, clay blocks are gaining significant traction construction industry. These bricks find extensive use in erecting walls, foundations, and various structural elements. The market's dynamics are influenced by regional disparities in demand, with countries like China and India exhibiting substantial consumption due to heightened construction activities. Additionally, a burgeoning focus on sustainability has prompted the development of eco-friendly alternatives, adding a nuanced layer to the market landscape. The Asia Pacific market is expected to account for the largest share of the global clay blocks market by 2030, accounting for over 45% of the market.
Clay Blocks Market Current and Future Trends:
Growing demand for sustainable building materials: The market for green building materials is expected to reach US$ 1.5 trillion by 2030, growing at a CAGR of 14% from 2023 to 2030. This growth is being driven by the increasing awareness of the environmental benefits of sustainable building materials, such as clay blocks.
Increasing use of clay blocks in commercial end user vertical: The demand for clay blocks in commercial is expected to grow at a CAGR of 8.0% during the forecast period of 2023-2030. This growth is being driven by the increasing construction of commercial buildings in emerging economies, such as China and India.
Rising demand for clay blocks in developing countries: The demand for clay blocks is expected to grow significantly in developing countries in the coming years, due to the increasing construction of residential, commercial, and industrial buildings. The market for clay block for country such as India is estimated to witness a growth of 8.2% during the forecast period 2023-2030
Browse Table of Contents of the Full report :
https://www.industryarc.com/Research/clay-blocks-market-research-800019
Clay blocks Market Report – Scope:
The Clay blocks Market has been segmented by type, application, end user and geography. The report provides insights into the market dynamics, including market drivers and challenges.
Clay blocks Market with top country data and analysis. The report also highlights the market potential, growth rates, and alternative relevant statistics.
The competitive landscape section features company profiles of major players such as WienerBerger AG, Fornanci Scanu, JUWO POROTON Werke and so on. This report is a valuable source of guidance and direction for companies and individuals interested in the Clay blocks market.
Request a sample for the report:
https://www.industryarc.com/pdfdownload.php?id=800019
The top 10 players in the Clay blocks industry are:
Follow the Link to Buy the latest Market Study on Clay Blocks :
https://www.industryarc.com/purchasereport.php?id=800019
Browse More Trending Reports related to Clay Blocks Industry By IndustryARC :
Why Choose IndustryARC?
IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalised assistance on specific reports.
Contact Us:
Mr. Venkat Reddy IndustryARC Email: sales@industryarc.com USA: (+1) 518-282-4727 Visit us on social media: Facebook Twitter LinkedIn
Tags: clay bricks market, Clay Blocks Market Growth Analysis, Clay blocks market usa, clay blocks market size
See Campaign: https://www.industryarc.com/
Contact Us: Mr. Venkat Reddy IndustryARC Email: sales@industryarc.com USA: (+1) 518-282-4727
Tags:Extended Distribution, iCN Internal Distribution, BNN, Research Newswire, EnglishGet a daily dose of Business Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Business Sun.
More InformationNEW YORK, New York - A decline in labor costs as measured by ADP failed to boost U.S. Markets Wednesday."ADP's ...
NEW YORK, New York - U.S. stocks spent most of Tuesday meandering, with the major indices closing out the day ...
NEW YORK, New York - U.S. stocks closed mixed on Monday following on from last week's volatility."Digestion is the word ...
WASHINGTON D.C.: As businesses built more warehouses and accumulated machinery equipment, the U.S. economy grew faster than initially forecast in ...
Chennai (Tamil Nadu) [India], December 7 (ANI): The Tamil Nadu government announced a holiday for all schools and colleges in ...
By Toshi MandolaNew Delhi [India], December 7 (ANI): The national general secretaries of the BJP on Wednesday came together for ...
REDMOND, Washington: Microsoft President Brad Smith said there is no chance of super-intelligent artificial intelligence (AI) being developed within the ...
California [US], December 7 (ANI): In its most ambitious effort to compete in the rapidly growing field of generative artificial ...
Abu Dhabi [UAE], December 6 (ANI/WAM): UAE Banks Federation (UBF) reaffirmed its commitment to support UAE's goals by pledging to ...
Hong Kong, December 5 (ANI): Few doubt that China is responsible for a massive campaign of computer hacking and nefarious ...
Dubai [UAE], December 5 (ANI/WAM): Keit Kasemets, Secretary-General of the Ministry of Climate of Estonia and Head of the Estonian ...
SEOUL - South Korea on Monday successfully conducted a flight of a solid-fuel rocket carrying a satellite over the sea ...