Home > Construction > Construction Materials > Structural Materials > Hollow Concrete Blocks Market

Hollow Concrete Blocks Market Trends

Report ID: GMI6548
Published Date: Aug 2023
Report Format: PDF

Download Free Sample

Hollow Concrete Blocks Market Trends

Increasing emphasis on sustainability and environmental concerns led to a growing demand for hollow concrete blocks made from recycled materials, incorporating additives to reduce carbon emissions, and improving energy efficiency. The focus on energy-efficient buildings led to the demand for hollow concrete blocks with improved insulation properties, contributing to reduced heating and cooling costs. Manufacturers were exploring innovative shapes and designs for hollow concrete blocks, allowing for creative architectural expressions and enhanced aesthetic appeal.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for hollow concrete blocks recorded USD 260.8 billion in 2023 and will reach USD 414.8 billion by 2032 due to the rapid expansion of the construction industry worldwide.

Hollow concrete blocks market size from the fresh sources type segment recorded USD 148.8 billion in 2022 and will witness substantial growth by 2032 on account of benefits, such as lightweight nature.

U.S. hollow concrete blocks reached USD 51.3 billion in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the rapid growth of commercial spaces, office buildings, retail centers, and industrial facilities in the region.

CRH Plc, CEMEX S.A.B. de C.V., Boral Limited, Wienerberger AG, UltraTech Cement Ltd., HeidelbergCement AG, LafargeHolcim Ltd., Anhui Conch Cement Company Limited, and Boral Limited, are some of the major hollow concrete blocks companies worldwide.