Biltech to become the largest player in AAC block segment, post acquisition of Siporex: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 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: https://www.kenresearch.com/manufacturing-and-construction/construction-materials/india-bricks-blocks-market-report/86800-97.html Related Reports: Indonesia Pumps Industry Outlook to 2021 – Increasing Government Initiatives towards Irrigation and Wastewater Treatment with Expansion of Industrial Sector to Drive Growth India Construction Chemical Market Outlook to 2020 – Rapid Infrastructure Development and Government Intervention to Fuel Market Growth Germany Construction Chemical Market Outlook to 2020 – Redevelopment of Old Building Structures and Surging Demand for Concrete Admixtures to Shape Future Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: AAC Block Manufacturers India, AAC Block Manufacturing Plants India, Autoclaved Aerated Concrete Block Market, Brick Manufacturing Business in India, Brick Manufacturing Market in India, Challenges Brick Industry, Clay Brick Making Machine Industry, Competition AAC Blocks Industry, fly ash brick industry in India, Fly Ash Bricks Sales, HIL Ltd Business Overview India, India Concrete Block Market Trends, India’s Brick Industry, Indian Brick Industry, List of AAC Blocks Manufacturers in India, Magicrete Performance India