The global market for Ready-Mix Concrete is estimated at US$450.7 Billion in 2023 and is projected to reach US$774.5 Billion by 2030, growing at a CAGR of 8.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the ready-mix concrete market is driven by several factors. Firstly, technological advancements in mixing and setting practices have improved the performance characteristics of the concrete, such as strength, durability, and resistance to weather and chemical attacks, enhancing its attractiveness for critical infrastructure. Increasing investment in large-scale industrial projects and residential housing complexes in emerging economies is also propelling the demand for RMC. Another significant factor is environmental concerns; RMC production is often more efficient and generates less waste than traditional concrete mixing, supporting sustainable construction practices. Additionally, regulatory policies advocating for the reduction of environmental impact and encouraging modern construction practices have led to a greater reliance on ready-mix solutions. The market is further bolstered by the growing complexity of modern architectural designs, which require highly consistent concrete mixes that often can only be provided by ready-mix techniques. As urbanization expands and the push towards sustainable yet resilient construction continues, the ready-mix concrete market is expected to maintain steady growth, driven by both sectoral demands and infrastructural developments.
The growth in the ready-mix concrete market is driven by several factors. Firstly, technological advancements in mixing and setting practices have improved the performance characteristics of the concrete, such as strength, durability, and resistance to weather and chemical attacks, enhancing its attractiveness for critical infrastructure. Increasing investment in large-scale industrial projects and residential housing complexes in emerging economies is also propelling the demand for RMC. Another significant factor is environmental concerns; RMC production is often more efficient and generates less waste than traditional concrete mixing, supporting sustainable construction practices. Additionally, regulatory policies advocating for the reduction of environmental impact and encouraging modern construction practices have led to a greater reliance on ready-mix solutions. The market is further bolstered by the growing complexity of modern architectural designs, which require highly consistent concrete mixes that often can only be provided by ready-mix techniques. As urbanization expands and the push towards sustainable yet resilient construction continues, the ready-mix concrete market is expected to maintain steady growth, driven by both sectoral demands and infrastructural developments.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Transit Mix segment, which is expected to reach US$419.1 Billion by 2030 with a CAGR of a 7.3%. The Central Mix segment is also set to grow at 9.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $54.1 Billion in 2023, and China, forecasted to grow at an impressive 9.1% CAGR to reach $312.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Ready-Mix Concrete Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Ready-Mix Concrete Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Ready-Mix Concrete Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Boral Ltd., Aggregate Industries Ltd., ACC Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 301 Featured):
- Boral Ltd.
- Aggregate Industries Ltd.
- ACC Ltd.
- Astec Industries, Inc.
- Beton Provincial Ltee
- Burnco Rock Products Ltd.
- AB Sydsten
- Arabian Cement Company
- Ammann Group
- Angelle Materials
- Berger Holding GmbH
- Bonded Concrete, Inc.
- Boston Sand & Gravel Company
- Brannan Sand & Gravel Company
- Breedon Group PLC
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISITALYSPAINRUSSIATURKEYREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Boral Ltd.
- Aggregate Industries Ltd.
- ACC Ltd.
- Astec Industries, Inc.
- Beton Provincial Ltee
- Burnco Rock Products Ltd.
- AB Sydsten
- Arabian Cement Company
- Ammann Group
- Angelle Materials
- Berger Holding GmbH
- Bonded Concrete, Inc.
- Boston Sand & Gravel Company
- Brannan Sand & Gravel Company
- Breedon Group PLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 623 |
| Published | October 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 450.7 Billion |
| Forecasted Market Value ( USD | $ 774.5 Billion |
| Compound Annual Growth Rate | 8.0% |
| Regions Covered | Global |
