Global Heavy Masonry Construction Market - 2020-2027
発行: DataM Intelligence
ページ情報: 英文 180 Pages
Heavy masonry comprises of building structures from single units that are set and attached together with mortar. Brick, stone and concrete blocks are the common materials used in heavy masonry construction. Heavy masonry is a popular construction technique across the globe, due to its several advantages. However, the masonry construction involves heavy materials which cannot be transported in conventional vehicles, and in few cases it must be ordered from special catalogs. The stability of masonry structures varies completely on their foundation. If any settling of the foundation arises, cracks are likely to occur which must be repaired to prevent moisture infiltration and damage.
The global Heavy Masonry Construction market size was worth US$ XX billion in 2019 and further predicted to reach US$ XX billion by 2027, at a CAGR of XX% during the forecast period (2020-2027).
Masonry is non-combustible; therefore, it improves fire protection for the building. Fireplaces are generally made of masonry for the same reason. Masonry extends a high resistance against pests, weather, rotting, and natural disasters, such as tornadoes and hurricanes. Masonry structures offer an attractive rustic or elegant look for a home or building, reliant on the material used. Being durable and resistant, mansory can withstand large amounts of compressive weight loads. These factors are likely to boost the market growth.
The Asia-Pacific construction industry is projected to expand at a rapid pace over the forecast period. Residential society construction is expected to expand at a slow rate; however, at a steady pace in China in the coming year. The National Development and Reform Commission of the People's Republic of China in 2019, passed 26 infrastructure projects with total expected investment of USD 142 Bn. The Therefore, this rise in construction activities is improving the construction industry in Asia Pacific, thereby boosting the heavy masonry construction market.
In extreme winter conditions, horizontal or vertical cracks may arise near the foundation corners of a building, which in turn, may damage the structure. Likewise, the cracks can occur on the walls during heavy rain. Though, the construction of buildings with concrete bricks is a little time consuming; however, the filling process utilizing concrete blocks needs less time compared to that of bricks that need extra working force and time. These factors are expected to hamper the heavy masonry construction market in the near future.
COVID-19 Impact Analysis
Amidst the COVID-19 pandemic, the halt on the coonstruction projects has hampered the growth of the heavy masonry construction market. The severely hit nations, such as India, Brazil, UK, France, Italy, have postposed the construction activities for over more than a month, which in turn, has delayed the construction, leading to the decline in the market value of heavy masonry construction market in 2020.
On the basis of construction services, the market is classified into brick and stone repair or replacement, repointing, building cleaning or sealing, epoxy injection, expansion joint systems repair, restoration and preservation, caulking and sealants, exterior wall coating, wall ties, structural steel repair or replacement, flashing systems and others.
Brick and stone repair or replacement segment is leading the market, as the huge number of historical buildings in North America are made up of bricks and stones. Bricks and blocks get influenced the most as the footfall in monument along with the climatic conditions and changing atmosphere. Moreover, during the restoration process, bricks and stones replacement or repair work accounts the highest value of the total project cost.
On the basis of ownership, the market is segmented into sole-ownership, government, joint tenancy, society, heritage agencies, corporate and others
Heritage agencies is leading the North America heavy masonry construction market, owing to the fact that the heritage agencies are in-charge of a huge number of historical buildings in the region and is responsible for the renovation work of these buildings. Federal government or state government offers funds to these heritage agencies for rehabilitation of historical buildings.
Based on geography, the study analyzes the Heavy Masonry Construction market in the global market, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
In North America, a significant amount of current structures in the U.S. and Canada are made up of bricks and stones. Bricks and walls are also impelled by the footfall in the monuments, the climatic factors, and shifting unfavorable weather conditions. Therefore, during the reconstruction process, bricks and stones replacement or repair function accounts for the maximum amount of the overall project expense, which concentrates the brick and stone repair or replacement category, and the increased business performance in housing has been favorable for industry players; therefore, the U.S. and Canada are growing in at a rapid pace.
The Heavy Masonry Construction market is highly competitive, owing to the presence of big food brands. The key Heavy Masonry Construction players which are contributing to the growth of the global market include NORTHLAND CONCRETE & MASONRY COMPANY, NT Masonry Services Inc., McGee Brothers, Historic Restoration Inc., T&T Construction, A.L.L Construction Group, Bush Masonry Construction, K.I.B. Building Restoration Inc., The Korte Company, WSP, Colonial Restoration, Entuitive, PCL Constructors Inc., Everest Restoration Limited, Gilbane, Knox masonry, Guangzhou AJ Construction Material Co., Ltd., Suzhou TECON Construction Technology Co., Ltd., Tianjin Yongxin International Trading Co., Ltd., Hebei Pangda Scaffolding Co., Ltd., Anping County Jintai Metal Product Co., Ltd., among others. The major players are adopting new product launch and expansion strategies for global growth in the heavy masonry construction market.
Everest Restoration Ltd. is a building restoration and maintenance company that has been working in Southern Ontario. Everest has the level of experience with which it completes restoration projects on buildings of heritage significance or contemporary buildings. Everest offers innovative solutions and proven methods to deliver the highest quality of service in the industry.
Product Portfolio: The Company's portfolio comprises masonry repair & tuck-pointing, brick and stone replacement, commercial coating & weather proofing, building maintenance programs, among others.
The global Heavy Masonry Construction market report would provide access to an approx. 78 market data table, 67 figures and 280 pages.