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Market Pulse

Market Pulse August 2019

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Published On:
August 2019

Description

Brick is one of the predominant components of infrastructural projects, which history dates back to 7000BC. The fact that bricks are comparatively cheaper, easier to maintain and usually have more durability, have further made it an ideal building material for everyone. All over the world, the usage of bricks vary from making walls, pavements to other building constructions and many others. Even the brick productions take place in different forms, classes, sizes and materials; depending upon the region and its specific demand. Globally, the production of bricks increased substantially with the onset of Industrial Revolution. Additionally, the need for high rise buildings during the 20th century led to further improvements and changes in the brick making process. Currently, regions like Asia Pacific and Arab falls under the developing markets of brick sector, whereas China and India hold the strongest position in the global market place.