Reportlinker.com announces that a new market research report is available in its catalogue: US Brick & Block Market
US demand to rebound from a weak 2009 base
Demand for brick and block products in the United States is expected to rise strongly through 2014, reflecting a rebound in the key new residential market from a very weak 2009 base. The sharp contraction in new housing construction from 2007 through 2009 led to a steep decline in demand for brick and block products used in siding applications. As the housing industry gradually recovers and new housing construction accelerates, brick and block products will benefit. This will be especially true for common clay brick, which will post double-digit gains.
Clay brick to be fastest growing product
Consumption of clay brick is projected to increase more than 16 percent yearly from a weak 2009 base to 8.9 billion units in 2014. While still below the industry high water mark set in 2004 at more than ten billion units, demand will nonetheless post strong growth through 2014. Most of this will result from rebounding new housing construction, as residential markets generally account for about 70 percent of total clay brick demand. Consumption will also increase in nonresidential markets, albeit at much slower rates.
Concrete brick & block see stable demand Concrete brick and block products, on the other hand, are primarily utilized in nonresidential construction markets. These market segments, at least in recent years, have experienced less dramatic swings than residential markets, with the result that concrete brick and block demand tends to be somewhat less volatile, although consumption is cyclical. Demand for these products is forecast to expand to 3.6 billion units in 2014. Outsized growth will occur in concrete pavers, which are increasingly popular in fastgrowing residential markets.
This new industry study, Brick & Block, examines the nearly seven billion unit US market for construction brick and block products. It presents historical demand data (1999, 2004 and 2009) plus forecasts for 2014 and 2019 by product (common clay brick, glazed clay brick and other clay brick, and structural and decorative concrete block, concrete pavers and concrete brick), market (new residential, residential improvement and repair, new nonresidential, nonresidential improvement and repair and nonbuilding), application (siding, structural, chimneywork, fencing and other applications) and US geographic region. The study also considers market environment factors, assesses company market share and profiles companies in the US industry such as Berkshire Hathaway (Acme Brick), Boral, CEMEX, CRH, Heidelberg Cement, Titan Cement and Wienerberger.