Block Paving Market Demand | Industry Size, Share, Business Growth, Revenue
Market Insights
The block paving market demand 2020
is highly influenced by COVID-19 pandemic, states Market Research Future
(MRFR). The global block paving market size across different geographies are
studied to alter due to COVID-19 pandemic. Long-term impact of COVID-19 on key
block paving market and short-term effects of the prevailing issues are
mentioned in the report by MRFR. The growing desirability of block paving for
surfacing area can boost the expansion of the block paving market across the
review period. Bricks used in block paving are fabricated of clay and concrete
laid is in simple patterns to reflect the preference of users. This can prompt
the expansion of the global block paving market across the review period.
Market Research Future states that increase in building and refurbishment
activities can impel the block paving global market in the review period.
Across the forecast period 2016 to 2022, the block paving market is likely to
rise at a steady pace owing to the introduction of advanced technologies
pertaining to modern construction. The report reveals various factors that can
govern the rise of the block paving market across the projection period.
Market Segmentation
The segment study of the global Block
Paving Market Demand is
based on end-use, material, and product. Materials based segments of the block
paving market are building bricks, concrete, and clay. High utility of clay and
concrete among all other materials can increase the revenue of the market. The
end-use based segments of the block paving market are hardscaping, structural,
siding, and fireplace among others. The Product based segments are glazed clay
bricks, wall block, and pavers. The growing inclination for glazed clay bricks
for infrastructures can increase the expansion of the block paving global
market.
Regional Analysis
North America global Block
Paving Brick is
observed to be the largest market for block paving across the globe. In the
U.S., the pressing demand for brick and block products in the residential
sector can prompt the expansion of the regional market across the globe. In
North America, the rise of the block paving market can be attributed to the
presence of reputed block paving dealers in the region. In Europe, the
constant investment in refurbishment and infrastructure developments can
support the expansion of the block paving market in the near future. In Asia
Pacific, the expansion of the block paving market is likely at a considerably
high CAGR in the review period. APAC block paving market is expected to witness
a sharp rise in its value due to increase in investments made by people in
housing and infrastructure. The rise in the support of government for infrastructural
developments can drive APAC block paving market. The need for residential areas
and surfacing sidewalks, plus change in preferences of consumers are increasing
growing prospects. The growing preference for block paving owing to rise of
aesthetic appeal can boost the expansion of APAC block paving market in the
years to come.
Key Players
Brett Landscaping & Building
Products, Palmetto Corp, McBride Construction, Marshalls PLC, Premier Pavers
and Stone, Tobermore Superior, Paving Superstore, Asphalt Inc., and Kilsaran
International are some prominent competitors of the block paving market as per
MRFR analysis. Competitive assessment on the market by MRFR supplemented by
COVID-19 analysis and its short and long-term effect on the market are detailed
in the report. These marketers and their marketing strategies are studied to
deliver competition insights of the global block paving market that can aid
investors make rational decisions to boost their business and gain global
recognition.
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