The Increasing Number of Infrastructural Projects Globally Is Anticipated to Propel the Growth of The Global Ready-Mix Concrete Market at A CAGR of 8.2% During the Forecast Period, 2019-2026

ABOUT THIS REPORT

new report guarantee

The market report will provide latest insights, estimates, and market development. Moreover, we guarantee a latest report refreshed with latest progresses. The report will an all-inclusive evaluation of the market across all segments, regions, and counties.

The Global Ready-Mix Concrete Market accounted for a market value of $700 billion projected to grow with a CAGR of 8.2% from 2019 to 2026.

The Asia Pacific is expected to be the leading region in the global ready-mix concrete market. Factors such as the growing number of construction projects, rapid industrialization, and urbanization in countries such as India, Singapore, and China supports the market growth in the region.

The Increasing Number of Infrastructural Projects Globally Is Anticipated to Propel the Growth of The Global Ready-Mix Concrete Market at A CAGR of 8.2% During the Forecast Period, 2019-2026

Files are delivered directly into your account within a few minutes of purchase.

Check Today's Best Price

$1000 Buy Now

OVERVIEW

The ready-mix concrete is broadly utilized for the construction of manufacturing facilities, road construction, power generation facilities, and residential and commercial buildings. Ready-mix concrete is used as a substitute for traditional concrete due to the ease of use, improved quality, and convenience offered by ready-mix concrete. The surging number of infrastructural projects across the globe is driving market growth. In addition, the growing investments in the construction sector in developing nations is anticipated to rise the demand for ready-mix concrete. Furthermore, in developed nations such as the U.S., the increasing demand for single-family housing, fewer mortgage rates, and robust economic growth are estimated to boost the growth of the residential building sector, which thereby propels the market growth.

The global ready-mix concrete market has been segmented based on application. The application segment has been characterized by residential building, commercial building, infrastructure, and industrial utilities. The residential building segment is projected to hold a major share based on the application. The increasing demand for single-family houses coupled with rising disposable income in developing nations is projected to increase demand for residential buildings, which is thus anticipated to increase the demand for ready mix concrete. Moreover, dam constructions, construction of highways, and airport renovations is anticipated to support the market growth of the infrastructure segment. Further, rising budget allocation for infrastructure development by the government in various countries is anticipated to contribute to market growth.

why buy this report?

The report will provide deep analysis of historic data, qualitative insights, product benchmarking, and premium market forecast.

Based on geography, the ready-mix concrete market has been categorized into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America has been classified into the U.S. and Canada. Europe region has been categorized into the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific region has been categorized into, South Korea, Japan, India, China, and Rest of Asia-Pacific. Moreover, the South America region has been divided into Brazil, Argentina, Mexico, and the Rest of South America. Furthermore, the Middle East & Africa is classified into GCC Countries, Africa, and the Rest of the Middle East. The Asia Pacific is expected to be the leading region in the global ready-mix concrete market. Factors such as the growing number of construction projects, rapid industrialization, and urbanization in countries such as India, Singapore, and China supports the market growth in the region. Furthermore, in the Middle East region, the increasing development in the infrastructural sector in Saudi Arabia and UAE is projected to boost the market growth.

Prominent companies operating in the global ready-mix concrete market include Vicat S.A., BuzziUnicem S.p.A., LafargeHolcim Ltd, Barney & Dickenson, Inc., ACC Limited, R.W. Sidley, Inc., Dillon Bros Ready Mix Concrete, LLC, Livingston’s Concrete Service, Inc., CEMEX S.A.B. de C.V., HEIDELBERGCEMENT AG, U.S. Concrete, Inc., Hanson Cement Limited, UltraTech Cement, and Italcementi Group. Some players are focusing on setting-up the ready-mix concrete plant at the construction site in order to save transportation costs as well as operational time.

Developments by market players:

  • In January 2018, S. Concrete, Inc. acquired assets of On Time Ready Mix Inc., a producer of ready-mixed concrete helping the mid to high-rise residential and commercial segments mainly in Queens, New York.
  • In August 2018, LafargeHolcim Ltd acquired Metro Mix, LLC, a provider of ready-mix concrete in Colorado. With this acquisition, the company strengthens its market position in the U.S.

want to find out more about this report?

Request more information

Check Today's Best Price

$1000 Buy Now

CLIENTS

SHARE YOUR CART