Market revenue in 2022 | USD 7.4 billion |
Market revenue in 2030 | USD 9.3 billion |
Growth rate | 3% (CAGR from 2022 to 2030) |
Largest segment | Split-faced |
Fastest growing segment | Split-faced |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD billion |
Market segmentation | Split-faced, Smooth-faced |
Key market players worldwide | Berkshire Hathaway Inc Class A, Cemex SAB de CV ADR, CRH PLC, BGC Group Inc Ordinary Shares Class A, Taylor Devices Inc, UltraTech Cement Ltd DR |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hollow concrete blocks market will help companies and investors design strategic landscapes.
Split-faced was the largest segment with a revenue share of 63.51% in 2022. Horizon Databook has segmented the Germany hollow concrete blocks market based on split-faced, smooth-faced covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth is attributed to the increasing government investment in the construction industry along with the country’s economic confidence, resource efficiency, and circular economy.
The construction industry in the country has exhibited significant signs of revival since the 2008 global financial crisis and is expected to register a high growth rate over the forecast period. It witnessed a year-on-year growth of 5.1% in 2019, according to Germany Trade & Invest (GTI).
Furthermore, the infrastructure industry in the country is anticipated to witness significant growth owing to the country’s federal government’s investment in the sector. The continuous innovations and high-tech developments in the country are likely to propel the product demand.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany hollow concrete blocks market , including forecasts for subscribers. This country databook contains high-level insights into Germany hollow concrete blocks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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