Karnataka Bricks & Blocks Market has been driven by rapid industrialization and urbanization, government support and technological advancement: Ken Research

Focus on escalating construction activities, growing emphasis on green buildings and government support are major factor contributing towards development of Bricks and Blocks Market in Karnataka

Entry of AAC Manufacturers and Rapid Urbanization: AAC Blocks market have been witnessing entry of multiple manufacturing players in the last 3-4 years as the government has taken initiative to use AAC Blocks to reduce environmental impacts and improve energy efficient materials in brick manufacturing process. On the other hand, construction activity is rising as a result of rapid urbanization, with the current population of 66.2 Mn which is projected to grow to 74.2 Mn by FY 2027 pressurizing the cities for development and improving the infrastructure of the state for better quality of life.

High-rise Residential Building Demand and Government Support: The demand for high-rise structures is the present trend; ~1,500 high-rise structures have been built in Bengaluru, and more are being built there right now, including Adarsh Tropica, Engrace, and others. Additionally, the Karnataka government has ordered operators of thermal power plants to give fly ash to brick producers at no charge. To encourage manufacturers’ interest in creating fly ash bricks, numerous incentives are being offered to reduce carbon emissions.

Technological Obsolescence: Since its inception, the brick industry in Karnataka has relied on conventional techniques for producing bricks and has not undergone a significant technological development. Due to a lack of technical know-how and government funding, manual brickmaking is primarily used. Additionally, small to mid-scale players are hesitant to adopt modern technology because doing so takes significant investment, and they prefer labor-intensive processes over switching to completely automated ones.

Environmental Constraints: The Karnataka brick industry is currently based on decentralized production activity using energy intensive, resource depleting and highly polluting technologies and production methods. The industry faces considerable constraints leading to depletion of natural resources.

Analysts at Ken Research in their latest publication “Karnataka Bricks & Blocks Market Outlook to 2027– Driven by Rising Urbanization and Escalating Construction Activities to Develop the Existing Infrastructure” observed that bricks and blocks market in Karnataka is at growing stage. The formulation of supportive government policies and rapid urbanization, technological advancement and growing emphasis on green buildings are expected to contribute to the market growth over the forecast period. The market is expected to grow at a 7.4% CAGR during 2022-2027.

To learn more about this report Download a Free Sample Report

Major Players Mentioned in the Report

• Birla Aerocon (CK Birla Group)
• Durgamba Building Solutions Co.
• Ultratech AAC Blocks
• Neolite Buildcon
• Sri Balaji Enterprises
• Fusion Building Materials
• Renaatus Procon Pvt. Ltd.
• Aswani Industries Pvt. Ltd. (Ascolite AAC)
• Masuvic Indsup Pvt. Ltd. (Nexrise AAC)
• Conecc Industries Pvt. Ltd.
• Falcon (Building Solutions)
• Arugonda Infratech
• VP Enterprises
• Maxlite AAC Blocks
• Meghalite AAC Blocks

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Infrastructure Industry Investors
• Green Building Material Market
• Future Prospect of India AAC Blocks
• AAC Blocks Manufacturers in India
• AAC Block Association of India
• Fly Ash Association of India
• India Construction Material Market
• High Rise AAC Block Building
• Fly Ash Bricks Manufacturers
• Clay Brick Kilns in India
• Hollow Block Market in India
• Investment Model for AAC Block Plant

Time Period Captured in the Report

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027

For more insights on the market intelligence, refer to the link below: –

Karnataka Bricks & Blocks Market

Related Report By Ken Research:-

India Bricks and Blocks Market Outlook to 2024

Tags: 4" Block Dimension Bricks Karnataka, 8" Block Dimension Cube Karnataka, Arugonda Infratech Karnataka Net Worth, Aswani Industries Karnataka Sector Outlook, Belagavi Districts Cube Growth Rate, Bengaluru Urban Districts Brick Market, Block Portfolio Mysuru Districts, Block Revenue Tumakuru Districts, Blocks Growth Rate Karnataka, Bricks and Blocks Ticket Size Karnataka, Bricks Residential Application Karnataka, Bricks Unorganized Market Structure Karnataka, Challenges Block Sector Karnataka, Clamps Cube Production Process Karnataka, CLC Block Karnataka Sector Outlook, Competitors in Karnataka Clay Brick Sector, Conecc Industries Karnataka Market Share, DDK Bricks Production Process Karnataka, Durgamba Building Solutions Karnataka Market Share, Emerging Players in Karnataka Brick Marketplace, Fly-Ash Bricks Brick Type Portfolio Karnataka, Fusion Building Materials Karnataka Profit, Kalaburagi Districts Bricks Sector Outlook, Karnataka 6" Block Dimension Blocks, Karnataka Birla Aerocon Market, Karnataka Blocks Manufactures, Karnataka Brick Market Revenue, Karnataka Brick Market Trends, Karnataka Bricks and Block Market, Karnataka Bricks Hoffman Production Process, Karnataka Brickwork Industry, Karnataka Central Region Block Portfolio, Karnataka Clay Brick Market, Karnataka Clay Bricks Brick Type Sector, Karnataka Concrete Blocks Brick Type Revenue, Karnataka Cube Sector Outlook, Karnataka East Region Cube Market Share, Karnataka Falcon Revenue, Karnataka FCBTKs Blocks Production Process, Karnataka Hollow Concrete Block Market Share, Karnataka Masuvic Indsup Market, Karnataka Meghalite AAC Blocks Sector, Karnataka Non-Residential Application Blocks, Karnataka Organized Blocks Market Structure, Karnataka Renaatus Procon Sector, Karnataka RMC Concrete Block Sector, Karnataka South Region Brick Market, Karnataka Sri Balaji Enterprises Portfolio, Karnataka Tunnel Cube Production Process, Karnataka Ultratech AAC Blocks Revenue, Karnataka VP Enterprises Portfolio, Leading Bricks Provider Karnataka, Leading Players in Karnataka Cube Market, Major Players in Karnataka Blocks Division, Maxlite AAC Blocks Karnataka Growth Rate, Neolite Buildcon Karnataka Growth Rate, North Region Block Sector Karnataka, Number of Bricks Made Karnataka, Opportunities Cube Segment Karnataka, Solid Concrete Block Market Karnataka, Top Captive Players in Karnataka Cube Industry, VSBK Blocks Production Process Karnataka, West Region Karnataka Brick Revenue