Global Ready-Mix Concrete Market, By Type (Transit Mixed Concrete, Shrink Mixed Concrete, Central Mixed Concrete), Production (On-site, Off-site), Application (Commercial Building, Residential Building, Infrastructure, Industrial Utilities), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Ready-Mix Concrete Market
Ready-mix concrete market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 8.00% in the forecast period of 2021 to 2028 and is expected to reach USD 1,315.5 billion by 2028. The rising demand for fast construction activities by various sectors such as industrial, commercial and residential segment is escalating the growth of the ready-mix concrete market.
The ready-mix concrete refers to accumulation of sand, water and aggregates. The manufacturing of this mix which is delivered through a transit mixer provides the implementation of accurate concrete for the construction that makes it sturdy and long lasting. These are extensively used when there is lack of space for aggregate stockpiles and mixing plant. They are also utilized for small construction projects where limited quantity or aggregate stockpiles is needed.
The increase in demand for ready-mix concrete by developing countries due to the rise in infrastructure activities and expansion projects for airports is one of the major key factors driving the ready-mix concrete market. The product is considered to curb down the over-all project expenditure owning to its features such as minimal wastage, efficient utilization and limited inventory costs which accelerates its demand. The high adoption of ready-mix concrete due to its no shrinkage and cracking tendencies and the rising preference towards these mixes over the traditional concrete mixes because of convenience and better quality also influence the market. Additionally, awareness regarding the benefits of ready-mix concrete, rapid urbanization and the rising population affect the market growth. Furthermore, the increase in construction expenditure by government for manufacturing and power plants and emergence of new infrastructure projects extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, the high initial investment for the manufacturing plants of these mixes is a factor expected to obstruct the market growth. The precise timespan for the application of ready-mix concrete and its handling is projected to challenge the ready-mix concrete market in the forecast period of 2021-2028.
This ready-mix concrete market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on ready-mix concrete market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Ready-Mix Concrete Market Scope and Market Size
Ready-mix concrete market is segmented on the basis of type, production and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the ready-mix concrete market is segmented into transit mixed concrete, shrink mixed concrete and central mixed concrete.
- On the basis of production, the ready-mix concrete market is segmented into on-site and off-site.
- On the basis of application, the ready-mix concrete market is segmented into commercial building, residential building, infrastructure and industrial utilities.
Global Ready-Mix Concrete Market Country Level Analysis
Ready-mix concrete market is analyzed and market size, volume information is provided by country, type, production and application as referenced above.
The countries covered in the ready-mix concrete market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the ready-mix concrete market due to the rise in infrastructural developments and activities, government support for improvisation of road infrastructure in India and China to grow industrial sector in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ready-Mix Concrete Market Share Analysis
Ready-mix concrete market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ready-mix concrete market.
The major players covered in the ready-mix concrete market report are ACC Limited, Barney & Dickenson Inc, CEMEX S.A.B. de C.V., CRH, HEIDELBERGCEMENT, Dillon Bros Concrete LLC, LafargeHolcim, LIVINGSTON’S CONCRETE SERVICE, INC., Martin Marietta, RISM JOHNSON LIMITED, R. W. Sidley, Inc., U.S. Concrete, Vicat, Vulcan Materials Company, Buzzi Unicem SpA, Sika AG, EUROCEMENT group., Votorantim, Geany Softech Private Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Ready-Mix Concrete Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.