Biltech has entered into a business purchase agreement with Siporox for acquiring its AAC blocks manufacturing units at Pune and Tumkur. The transaction is likely to be completed by the end of FY’2017. As a result, the company is likely to become the market leader in AAC block segment.
Bricks industry in India has recorded considerable growth over past few years, driven by the growth in infrastructure and construction activities. Moreover, India’s rising population, increase in per capita income, improved economic growth, industrialization and rapid urbanization has augmented the growth prospects of blocks and bricks industry. India’s blocks and bricks market grew at a robust CAGR during FY’2011-FY’2016. Several new eco-friendly substitutes of clay bricks such as fly-ash bricks, AAC blocks and concrete blocks which are manufactured using 60-65% of fly ash (a waste from coal based thermal plants) have gained a lot of traction in the Indian market. AAC blocks are the recent entrants to the market and accounted for a small market share, as of FY’2016
In India, Siporex of BG Shrike Group was the first to venture in to AAC block market and established its manufacturing plant in Pune way back in 1970. However, by 2010 there were only 5 companies which manufactured AAC blocks in India. It is only in last few years that AAC block market has garnered much traction, owing to its several beneficial attributes, and by FY’2016, there were several AAC block manufacturing plants with a total installed capacity of 3 million cum. per annum.
AAC block market in India was highly competitive and dominated by a handful of large players, which have established considerable manufacturing capability to meet the current demands. As of FY’2016, top 4 players occupied a considerable market share of the overall AAC block market, with HIL Limited being the largest players. The company had a stronghold in southern India and has been able to achieve good brand recognition in the region. Siporex was the second largest player followed by Magicrete and Biltech. Amongst the more recent entrants to the market, JK Lakshmi Cement and UltraTech Cement emerged as the highest gainers.
The report titled “India Bricks and Blocks Market to 2021 – Focus on AAC Block Segment” provides a comprehensive analysis of the brick and blocks market in India and covers market size and segmentation of overall market. The report covers the further segmentations of the overall market based on clay brick, fly-ash brick, concrete block, AAC block and others. The sub segments of concrete blocks (Solid, hollow, CLC and RMC) have then been discussed separately and analysis on them has been done individually. Similarly, the market of clay brick has been segmented depending on the manufacturing technique. Additonally, an overall segmentation of the market has been based on the application of brick and block. The report covers detailed profiles of leading players in the different sub segments of the market. The report provides detailed analysis of segments, trends & developments, growth drivers and major restraints and challenges within the industry. The report also serves as a benchmark for existing players and for new players who wish to capitalize on the market potential and investors who are looking forward to venture into blocks and bricks market in India. The future analysis of India AAC block market and overall India blocks and bricks market has also been discussed along with recommendations from analyst view.
Key Products Mentioned in the Report: Clay Brick (Bulls Trench Kilns Clay Bricks, Clamps Clay Bricks, Zig-Zag, HDK,DDK Clay Bricks); Fly-Ash Brick; Solid Concrete Block, Hollow Concrete Block, Cellular Lightweight Concrete Block, Ready Mix Concrete Block; AAC Block
Key Market Players Covered in the Report: HIL Limited, Siporex India, Magicrete Building Solutions, Biltech Building Elements Limited, JK Lakshmi Cement, UltraTech Cement
Topics Covered in the Report
- Clay Brick Making Machine Industry
- Indian Brick Industry
- India Concrete Block Market Trends
- Competition AAC Blocks Industry
- Fly Ash Bricks Sales
- Brick Manufacturing Market in India
- Brick Manufacturing Business in India
- India’s Brick Industry
- fly ash brick industry in India
- Challenges Brick Industry
- List of AAC Blocks Manufacturers in India
- Autoclaved Aerated Concrete Block Market
- AAC Block Manufacturing Plants India
- AAC Block Manufacturers India
- Magicrete Performance India
- HIL Ltd Business Overview India
For more information about the publication, refer to below link:
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