Clay Bricks Are Replacing Solid Bricks!
The global mineral products market, one of the leading segments of the metal and mineral manufacturing industry, grew at a compound annual growth rate (CAGR) of around 6% during the historic period. The growth is mainly due to the rapid growth in construction industry in emerging economies such as India, China and Brazil.
In the forecast period, the global mineral products market size is expected to be over $3250 billion by 2021, growing at a CAGR of nearly 7%. This is due to increasing investments in smart city and infrastructure projects and adoption of advanced technologies in the metal products industry.
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Hollow clay bricks are replacing solid bricks in order to construct eco-friendly buildings. The clay bricks are lighter, stronger, durable and cost effective. Hollow brick is manufactured using waste materials or natural substitutes and further formed by placing moist clay in a mold. It acts as a thermal and sound insulator due to the air present in the hollow area. It makes plumbing and other electrical drilling activities easier resulting in low labor cost. For instance, major companies offering hallow clay bricks include MRF Bricks, Summit Brick Company and Apollo Brick.
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The mineral product manufacturing market is segmented into Cement And Concrete Product Manufacturing, Glass and Glass Product Manufacturing, Clay Product And Refractory Manufacturing, Lime And Gypsum Product Manufacturing.
Cement and concrete product manufacturing establishments are primarily engaged in manufacturing Portland, natural, masonry, pozzolanic, and other hydraulic cements.
Glass and glass product manufacturing companies manufacture flat glass and laminated glass by melting silica sand or cullet.
Other non-metallic mineral product manufacturing industry comprises companies involved in abrasive product manufacturing, cut stone and stone product manufacturing, ground or treated mineral and earth manufacturing, mineral wool manufacturing, and all other miscellaneous non-metallic mineral product manufacturing.
Clay product and refractory manufacturing companies carry out activities shaping, molding, glazing, and firing pottery, ceramics, plumbing fixtures, and electrical supplies made entirely or partly of clay or other ceramic materials, refractories, non-clay refractories, ceramic tiles, bricks, and other structural clay building materials.
Lime and gypsum product manufacturing includes establishments manufacturing lime from calcitic limestone or other calcareous materials, such as coral, chalk and shells and manufacturing gypsum products such as wallboard, plaster, plasterboard, molding, ornamental moldings, statuary, and architectural plaster work.
The global mineral product manufacturing market was valued around $2460 billion in 2017. Asia Pacific was the largest region in the mineral product manufacturing market in 2017, accounting for around 66% of the total market. China was the largest country in the market accounting for around 40% of the total market.
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