Global Bricks Market to Reach US $182.6 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Bricks market. Although the depressed US economy and residential and non-residential construction activity restricted opportunities for growth in brick market, effervescent product innovations and renewed emphasis on sustainable construction technologies, is expected to drive sales in the marketplace. In light of anticipated economy recovery in the medium term coupled with tighter insulation, global market for bricks will reach US $182.6 billion by 2015.

Bricks: A Global Strategic Business Report

Bricks, a part of the building materials industry has long played a pivotal role in revolutionizing architectural dynamics of residential and non-residential constructions. Due to its long-term performance, environmental sensitivity and aesthetic appeal, bricks have been the most preferred facade material for homebuilders, architects, and specifiers. In recent years, brick market has witnessed an expansion into other markets, such as patios, gardens, entrance areas of non-residential buildings, and other outdoor areas. Market for bricks is highly variable and dependent on factors, such as economic conditions, growth in GDP, consumer purchasing power, and the overall health of the domestic housing and construction industry. The downturn in world economy, particularly the US financial crunch and the blow it has dealt to the construction sector, has worked as a market dampener, though the market is expected to look up with the resumption of normalcy beginning from 2011.

As stated by the new market research report on Bricks, the Asia-Pacific and Middle East collectively account for about 78% share of the global bricks market estimated in 2009. Future growth in bricks market will be based on revival of economy, growth in the residential building sector, investments in new construction projects, product innovations, local building codes and mounting interest in green building products and building science.

A key trend in the home building market is stronger push toward specialty clay bricks in various imprints, colors, and patterns that offer greater product choice to homebuilders as well as energy efficiency solutions. Manufacturers have responded well by continued development of newer and more innovative, multi-functional products. In addition to traditional products, manufacturers are rolling out special load-bearing bricks for multi-story residential construction as well as earthquake-prone zones. Turning on the heat in the bricks market is the increased competition from concrete and other building materials, which are pitted as competitors against bricks in terms of both performance and cost effectiveness. As a consequence, the once widely used structural building material is now being substituted with lumber or concrete block, with the role of brick being reduced to a siding (non-load bearing) material.

Players in the marketplace include Acme Brick Company Inc, Arriscraft International Inc, Boral Bricks Inc, BrickWorks Limited, Cemex SAB de CV, CRH Plc, General Shale Brick Incorporated, HeidelbergCement Group, Hanson Building Products Ltd, Imerys Group, Lee Masonry Products Inc, Old Castle Architectural Product Group, Redland Brick Inc, Robinson Brick Company, and Wienerberger Baustoffindustrie AG, among others.

The report titled "Bricks: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, trends & issues, product overview, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and provides analytics in value for major geographic markets such as US, Canada, Japan, Europe, Asia-Pacific, Middle East and Latin America.

For more details about this research report, please visit http://www.strategyr.com/Bricks_Market_Report.asp

About Global Industry Analysts, Inc.
http://www.strategyr.com Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com

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