The global market for waste plastic in manufacturing of brick is experiencing substantial growth, and is expected to continue to grow rapidly in the next few years. Plastic is one of the most widely used materials for applications like packaging and manufacturing of various products. According to UNEP, the total plastic waste generated globally is around 300 million which accounts for 18% of the total waste generate annually. The recycle and reuse of plastic is very complicated process attributed to the variety of plastic waste and its different compositions thus, only 9% of all the plastic waste ever produced has been recycled, 12% has been incinerated, while the rest 79% has accumulated in various landfills and natural water bodies. Bricks are an essential construction material used extensively for the purpose of construction of partition walls, structural walls, boundary walls and is also used in road construction. Global research over the last few years have proved that waste plastic can be effectively used in the manufacturing of bricks, which is a key driver in the growth of market for waste plastic in manufacturing of bricks throughout the forecast period.
Description
Bricks are usually manufactured of clay or cement, both are exhaustible natural resources, and the irrational use of cement and clay increase carbon emission. Plastic being a non-decomposable material is either incinerated or dumped in landfills, which results in air and soil pollution. Hence, the use of plastic waste in the form of powder or flakes can significantly reduce the quantity of soil and cement required for the manufacturing of bricks as well as reduce the quantity of plastic waste. Use of plastic also reduces cost of bricks which ensure substantial increase in utilizing waste plastic in manufacturing of bricks.
COVID-19 Impact analysis
- COVID-19 had affected the sales of waste plastic bricks in the second quarter of 2020 as the demand witnessed a steep decrease due to restrictions in construction activities. Major players in the real estate industry decreased the construction of residential and commercial buildings in the wake of reducing demand because of COVID-19.
- The major demand for waste plastic bricks was previously noticed from countries including the U.S., China, U.K., Germany, France and India which are negatively affected by the spread of the COVID-19, thereby decreasing the demand for waste plastic bricks.
- COVID-19 pandemic also negatively affected the waste plastic brick manufacturing units due to the restrictions laid on factory operations. Manufacturers are 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.
- Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Waste plastic brick manufacturers can afford declining sales only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID-19 health crisis.
- With the increasing vaccination drives and leniency in social restrictions, the demand for Waste plastic bricks in construction sector has increased, which is a boost for the warm air heating equipment industry.
Top Impacting Factors
The use of plastic in bricks does not only reduces plastic waste but also reduces the use of natural clay and cement, thus reducing the carbon footprint of the brick industry, which acts as a major driving force in the market growth of waste plastic bricks. The rapid urbanization over the past few years has exponentially increased the demand for residential and commercial buildings, thus increasing the demand for bricks. 25% of clay or cement can be easily replaced by waste plastic without compromising its strength and durability. Use of waste plastic also reduces the cost of bricks, as waste plastic is a free resource. The rising importance of green and zero emissions buildings, further encourage the use of waste plastic in manufacturing of bricks. The wide range of application of bricks in building as well as infrastructure sector ensures sustained demand for waste plastic bricks. The lack of building codes especially for the use of recyclable construction material such as waste plastic bricks is a major restraint in the growth of the industry. The increasing awareness about sustainable development among masses and the need to find new ways to reuse or recycle plastic, ensures substantial growth of waste plastic brick market.
Market Trends
- Rhino machines, which is an India based company has developed an eco-friendly brick using 75% foundry dust and 25% plastic, which also complies with the standard requirements of a conventional brick.
- The key players in the eco-friendly brick manufacturing industry are determined towards the use of waste plastic in manufacturing of bricks. For instance, Ramtsilo Bricks & Construction has developed a brick of size 290mm x 90mm x 140mm, which consists 30% plastic waste and can sustain load between 7MPa to 15 MPa, which is more than any conventional brick.
- ByFusion Global Inc., has succeeded in developing a 100% waste plastic brick of size 400mm x 200mm x 200mm weighting 10kgs, without the use of any adhesives, which significantly reduces the time and cost of manufacturing the brick.
- The major players in the conventional brick manufacturing industry as well are diverting their resources to develop, bricks using waste plastic for sustainable construction activities.
Key Benefits of the Report
- This study presents the analytical depiction of waste plastic brick 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 market share for waste plastic brick market.
- The current market is quantitatively analyzed to highlight the waste plastic brick market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed waste plastic brick manufacturing market analysis based on competitive intensity and how the competition will take shape in coming years.
Waste Plastic Bricks Market Report Highlights
Aspects | Details |
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By Source |
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By Application |
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By End-User Industry |
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Key Market Players | PANORAMA, Conscious Designs, Gjenge Makers, Ramtsilo Bricks & Construction, Plastic Concepts, Rhino Machines, Acme Brick Company, ByFusion Global Inc., Plastic Smart Cities, Ecobrick Alliance Earth Enterprise |
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