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The rising demand for efficient, improved, cost-effective, and environment-friendly construction equipment is a key factor driving the global brick making machines industry growth. The increasing urbanization, high demand for modern houses, and consistent city expansions are expected to fuel market growth. Increased government support, easy bank loans (commercial & residential), investments, and commercial space construction are expected to propel the market size. The global population has been growing at an exponential rate, surging the demand for residential construction, in turn, increasing the use of brick making machines worldwide.
BESSER, Columbia Machine, Inc., Fujian Qunfeng Machinery Co., Ltd., Hamac Automation Equipment Co., Ltd., Poyatos Manufacturer, QGM Quangong Machinery Co., Ltd. (Zenith), Quanzhou City Sanlian Machinery Manufacture Co., Ltd, and Rekers GmbH.
Asia Pacific brick making machine market size will cross USD 1.5 Billion by 2032, attributed to various factors including the presence of significant end-use industries & manufacturing industries and increased investments in infrastructure.
Mobile brick making machine industry share will record over 4.5% CAGR from 2023 to 2032, as these machines are compact & cost-effective.
The market size of brick making machine was over USD 1.5 Billion in 2022 and will record a 4% CAGR between 2023 and 2032, says this GMI report.