US Bricks, Blocks & Pavers demand to rise about 9% annually through 2018

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US Bricks, Blocks Pavers demand to rise about
9 annually through 2018
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Summary
US demand to rise about 9 annually through
2018 Demand for bricks, blocks and pavers in the
United States is forecast to rise about nine
percent per annum from a low 2013 base to 9.3
billion in 2018. A recovery in construction
expenditures across all market segments will be
the primary driver of gains as the brick, block
and paver market continues its recovery from
declines related to the 2006 collapse of
residential construction and subsequent economic
recession. Rebounding new housing construction
will have a particularly significant impact on
demand growth. Bricks to be fastest
growing Bricks, typically made of clay, will see
the most rapid growth of any product, driven by
the robust expected increases in new housing
construction. Brick is used primarily as a siding
material on residential buildings, most
intensively in the single-family segment. After
suffering steep declines after the 2006 collapse
in housing construction, demand for brick
remained low in 2013.
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Demand is forecast to post double-digit annual
growth through 2018 to nearly 3
billion. Dominant structural block segment to
face competition from poured concrete Structural
block made up two-fifths of demand in 2013, the
largest share of any product. Demand for such
products is concentrated in nonresidential
markets, where structural blocks are used both in
foundations and in above-grade walls. Although
residential buildings do not use structural block
as intensively, foundations in such buildings
represent a second important market. Spending on
structural block is projected to reach 3.7
billion in 2018 on roughly eight percent annual
growth, spurred by rebounding building
construction expenditures. However, competition
from other materials such as poured concrete
foundations will restrain stronger gains.
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Pavers, outdoor wall block to track industry
average Pavers and outdoor wall block are used in
various hardscaping applications in residential,
nonresidential, and nonbuilding markets. Many
buildings use retaining walls to support earth or
part of the weight of structures in areas where
sloped land presents a danger of erosion. In
addition, increasing interest in aesthetically
pleasing features such as terraced landscaping
and paver patios and walks will continue to
support demand for hardscaping products across
many markets. Furthermore, interest in green
building materials such as permeable pavers or
products made from recycled plastics will support
consumption of hardscaping products. Demand for
pavers and outdoor wall block is concentrated in
improvements and repairs, particularly in the
residential market consequently, demand for
these products will not be boosted by rebounding
new building construction and growth will not be
as robust as that seen in brick demand.
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Through 2018, US demand for pavers is projected
to grow nearly nine percent per annum to 1.6
billion while demand for outdoor wall block is
projected to grow seven percent annually to just
over 1 billion. Study coverage Details on
these and other key findings are contained in the
upcoming industry study, Bricks, Blocks Pavers,
available for 5200. This study presents
historical demand data for 2003, 2008, and 2013,
as well as forecasts for 2018 and 2023 by
product, material, market, application and US
region. The study also considers market
environment factors, details the industry
structure, evaluates company market share and
profiles 34 US industry competitors.
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Table Of Content
INTRODUCTION I. EXECUTIVE SUMMARY II. MARKET
ENVIRONMENT Macroeconomic Environment III.
PRODUCTS Structural Concrete Block IV. MARKETS
Residential Building V. APPLICATIONS
Hardscaping VI. REGIONS Regional Economic
Demographic Activity VII. INDUSTRY
STRUCTURE Horizontal Vertical Integration
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