HIL Limited, Siporex, Magicrete and Biltech Dominate the AAC Block Market in India Brick, AAC block and concrete block industry forms the backbone of the booming Indian construction sector. India is the second-largest brick manufacturer in the world after China. Indian brick industry is almost entirely unorganized and characterized by the presence of a large number of small scale manufacturers that compete with one another at the regional… Read More »
Biltech to become the largest player in AAC block segment, post acquisition of Siporex: Ken Research 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… Read More »
Current Housing Deficit, development of Smart Cities and increased utilization of Green Building Materials to Fuel India Blocks and Bricks Market in Future : Ken Research Center’s norms of compulsory use of material made out of fly-ash within 100 kilometers radius of thermal plants is expected to drive the sales of fly-ash, concrete blocks and AAC blocks. India’s ambitious initiative of “Housing for All by 2022”is expected to one of the major growth driver for the blocks and bricks industry of… Read More »
