Heavy Masonry Construction Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMICT3100 | Last Updated On: Dec 21 2022 | Available Formats

> Global Heavy Masonry Construction Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Heavy Masonry Construction Market is segmented By Construction Service (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), By Ownership (Sole Ownership, Government, Joint tenancy, Society, Heritage agencies, Corporates, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Heavy Masonry Construction Market Overview

The Global Heavy Masonry Construction Market is expected to grow at a CAGR during the forecasting period (2022-2029).

Heavy masonry comprises building structures from single units that are set and attached 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 a 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.

Heavy Masonry Construction Market Scope and Summary

Metrics

Details

Market CAGR

 High

Segments Covered

By Construction Service, By Ownership and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Heavy Masonry Construction Market Dynamics and Trends

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 market growth.

Growing tourism is Increasing the deterioration rate of historical building walls

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 a total expected investment of USD 142 Bn. Therefore, this rise in construction activities is improving the construction industry in the Asia Pacific, thereby boosting the heavy masonry construction market.

Weak Tensile Strength of Bricks in Severe Weather Conditions

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, 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 on Heavy Masonry Construction Market

Amidst the COVID-19 pandemic, the halt on the construction projects has hampered the growth of the heavy masonry construction market. The severely hit nations, such as India, Brazil, the UK, France, Italy, have postponed 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.

Heavy Masonry Construction Market Segmentation Analysis

Based on 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.

The brick and stone segment is expected to hold the largest share in the global market

The brick and stone repair or replacement segment is leading the market, as the huge number of historical buildings in North America is made up of bricks and stones. Bricks and blocks get influenced the most as the footfall in the monument along with the climatic conditions and changing atmosphere. Moreover, during the restoration process, bricks and stones replacement or repair work accounts for 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 segment is the estimated to fuel the demand for heavy masonry construction

Heritage agencies are leading the North America heavy masonry construction market because the heritage agencies are in charge of a huge number of historical buildings in the region and are responsible for the renovation work of these buildings. The federal government or state government offers funds to these heritage agencies for the rehabilitation of historical buildings.

Global Heavy Masonry Construction Market Geographical Analysis

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.

North America is anticipated to hold the largest share in the global heavy masonry construction market

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 unfavourable 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 favourable for industry players; therefore, the U.S. and Canada are growing in at a rapid pace.

Heavy Masonry Construction Market Companies and Competitive Landscape

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 Limited:

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 & weatherproofing, building maintenance programs, among others

Why Purchase the Report?

  • Visualize the Heavy Masonry Construction market segmentation composition by construction service, ownership and region, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in the Heavy Masonry Construction market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of Heavy Masonry Construction market - level 3 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global Heavy Masonry Construction market report would provide access to an approx. 78 market data tables, 67 figures and 180 pages.

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

 

Frequently Asked Questions

What is the Heavy Masonry Construction Market growth?

The market is growing at a High CAGR.

What is Heavy Masonry Construction Market size in 2021

The Heavy Masonry Construction Market size was valued at USD YY million in 2021.

Who are the key players in Heavy Masonry Construction Market?

NORTHLAND CONCRETE & MASONRY COMPAN, NT Masonry Services Inc., McGee Brothers, A.L.L Construction Group, Historic Restoration Inc., T&T Construction, Bush Masonry Construction, The Korte Company, K.I.B. Building Restoration Inc., WSP.

 

Trending Topics

Heavy Masonry Construction Market

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