COVID-19 Impact analysis

• COVID-19 pandemic has shut-down large number construction sites, power plants, chemical storage industry, technology advancement companies and others. This has hampered the growth of clay blocks market from the last few months and is likely to continue during 2021.
• COVID-19 has already affected the sales of clay blocks. In the first quarter of 2021 and is anticipated to cause a negative impact on the market growth throughout the year.
• The major demand for clay blocks was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, UK, and China, which are negatively affected by the spread of the coronavirus, thereby declining the demand of services for clay blocks.
• Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Key players of clay blocks market are expected to afford a full lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their service activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID-19 health crisis
• Clay blocks market is expected to focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce. 

Top Impacting Factors

The most important driver for the clay blocks market is its solid form which is used to build the load bearing walls and due to its density and comprehensive strength it is valuable in construction industry.

The key vendors such as are using BTK techniques for producing large number of bricks at a time. This is a key driver for the clay blocks market because the need for the demand of blocks is being satisfied.

One of the most important barriers for the regions like Europe, Middle-east and North & South America is that the scarcity of the raw materials for making clay blocks.

Market Trends

• Xi'an Brictec Engineering Co., Ltd is using German technology for making clay blocks.  It is permitted to be produced with German KWS technology according to German standards and is authorized to use German trademark of GFK.
• Automatic brick stacking machine is introduced in India by VEGO Technologies. This helps the manufacturer to keep the stock without any wastage and it also saves cost for the labor.

​​​​​​​Key Benefits of the Report

• This study presents the analytical depiction of the clay blocks market making industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the clay blocks market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the clay blocks market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides detailed clay blocks market analysis based on competitive intensity and how the competition will take shape in coming years.