+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Ready Mix Concrete Market in India 2024-2028

  • PDF Icon

    Report

  • 128 Pages
  • November 2024
  • Region: India
  • TechNavio
  • ID: 5546086
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The ready mix concrete market in india is forecasted to grow by USD 1.06 billion during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the ready mix concrete market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high preference for ready mix concrete, increasing demand for ready mix concrete for non-residential application, and growth of construction sector.

The ready mix concrete market in india is segmented as below:

By Product

  • Transit mixed concrete
  • Shrink mixed concrete

By Application

  • Non-residential
  • Residential

By Geographical Landscape

  • APAC
This study identifies the growing popularity of geopolymer cement concrete as one of the prime reasons driving the ready mix concrete market in india growth during the next few years. Also, rapid urbanization and rising disposable income and growing focus on environmental sustainability will lead to sizable demand in the market.

The report on the ready mix concrete market in india covers the following areas:

  • Ready Mix Concrete Market in India sizing
  • Ready Mix Concrete Market in India forecast
  • Ready Mix Concrete Market in India industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ready mix concrete market in india vendors that include Adani Group, Alcon, Aparna Enterprises Ltd., Concrete India RMC, Godrej and Boyce Manufacturing Co. Ltd., Hindustan Infrastructure Solution, Holcim Ltd., JK Lakshmi Cement Ltd., JSW Cement Ltd., Nuvoco Vistas Corp. Ltd., Prism Johnson Ltd., RDC Concrete India Pvt. Ltd., Sai RMC India, SCC Group, Skyway RMC Plants Pvt. Ltd., Sriram RMC Pvt. Ltd., The India Cements Ltd, The Ramco Cements Ltd., and UltraTech Cement Ltd. Also, the ready mix concrete market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India: Year-over-year growth 2023-2028 (%)
Data Table on India: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
5.1 Ready Mix Concrete Market in India 2018 - 2022
Historic Market Size - Data Table on Ready Mix Concrete Market in India 2018 - 2022 ($ million)
5.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
5.3 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on the ready mix concrete market in India
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Transit mixed concrete - Market size and forecast 2023-2028
Chart on Transit mixed concrete - Market size and forecast 2023-2028 ($ million)
Data Table on Transit mixed concrete - Market size and forecast 2023-2028 ($ million)
Chart on Transit mixed concrete - Year-over-year growth 2023-2028 (%)
Data Table on Transit mixed concrete - Year-over-year growth 2023-2028 (%)
8.4 Shrink mixed concrete - Market size and forecast 2023-2028
Chart on Shrink mixed concrete - Market size and forecast 2023-2028 ($ million)
Data Table on Shrink mixed concrete - Market size and forecast 2023-2028 ($ million)
Chart on Shrink mixed concrete - Year-over-year growth 2023-2028 (%)
Data Table on Shrink mixed concrete - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Application
9.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
9.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
9.3 Non-residential - Market size and forecast 2023-2028
Chart on Non-residential - Market size and forecast 2023-2028 ($ million)
Data Table on Non-residential - Market size and forecast 2023-2028 ($ million)
Chart on Non-residential - Year-over-year growth 2023-2028 (%)
Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
9.4 Residential - Market size and forecast 2023-2028
Chart on Residential - Market size and forecast 2023-2028 ($ million)
Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Chart on Residential - Year-over-year growth 2023-2028 (%)
Data Table on Residential - Year-over-year growth 2023-2028 (%)
9.5 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Adani Group
Adani Group - Overview
Adani Group - Product / Service
Adani Group - Key news
Adani Group - Key offerings
SWOT
13.5 Godrej and Boyce Manufacturing Co. Ltd.
Godrej and Boyce Manufacturing Co. Ltd. - Overview
Godrej and Boyce Manufacturing Co. Ltd. - Product / Service
Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
SWOT
13.6 JK Lakshmi Cement Ltd.
JK Lakshmi Cement Ltd. - Overview
JK Lakshmi Cement Ltd. - Product / Service
JK Lakshmi Cement Ltd. - Key offerings
SWOT
13.7 JSW Cement Ltd.
JSW Cement Ltd. - Overview
JSW Cement Ltd. - Product / Service
JSW Cement Ltd. - Key offerings
SWOT
13.8 Nuvoco Vistas Corp. Ltd.
Nuvoco Vistas Corp. Ltd. - Overview
Nuvoco Vistas Corp. Ltd. - Product / Service
Nuvoco Vistas Corp. Ltd. - Key offerings
SWOT
13.9 Prism Johnson Ltd.
Prism Johnson Ltd. - Overview
Prism Johnson Ltd. - Business segments
Prism Johnson Ltd. - Key offerings
Prism Johnson Ltd. - Segment focus
SWOT
13.10 RDC Concrete India Pvt. Ltd.
RDC Concrete India Pvt. Ltd. - Overview
RDC Concrete India Pvt. Ltd. - Product / Service
RDC Concrete India Pvt. Ltd. - Key offerings
SWOT
13.11 The India Cements Ltd
The India Cements Ltd - Overview
The India Cements Ltd - Business segments
The India Cements Ltd - Key offerings
The India Cements Ltd - Segment focus
SWOT
13.12 The Ramco Cements Ltd.
The Ramco Cements Ltd. - Overview
The Ramco Cements Ltd. - Product / Service
The Ramco Cements Ltd. - Key offerings
SWOT
13.13 UltraTech Cement Ltd.
UltraTech Cement Ltd. - Overview
UltraTech Cement Ltd. - Product / Service
UltraTech Cement Ltd. - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 8: Overview on criticality of inputs and factors of differentiation
Exhibits 9: Overview on factors of disruption
Exhibits 10: Impact of drivers and challenges in 2023 and 2028
Exhibits 11: Parent Market
Exhibits 12: Data Table on - Parent Market
Exhibits 13: Market characteristics analysis
Exhibits 14: Value Chain Analysis
Exhibits 15: Offerings of companies included in the market definition
Exhibits 16: Market segments
Exhibits 17: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 19: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibits 20: Data Table on India: Year-over-year growth 2023-2028 (%)
Exhibits 21: Historic Market Size - Data Table on Ready Mix Concrete Market in India 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Product - Market share 2023-2028 (%)
Exhibits 32: Data Table on Product - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Product
Exhibits 34: Data Table on Comparison by Product
Exhibits 35: Chart on Transit mixed concrete - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Transit mixed concrete - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Transit mixed concrete - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Transit mixed concrete - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Shrink mixed concrete - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Shrink mixed concrete - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Shrink mixed concrete - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Shrink mixed concrete - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Product ($ million)
Exhibits 44: Data Table on Market opportunity by Product ($ million)
Exhibits 45: Chart on Application - Market share 2023-2028 (%)
Exhibits 46: Data Table on Application - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Application
Exhibits 48: Data Table on Comparison by Application
Exhibits 49: Chart on Non-residential - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Non-residential - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Non-residential - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Application ($ million)
Exhibits 58: Data Table on Market opportunity by Application ($ million)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Company ranking index
Exhibits 66: Matrix on companies position and classification
Exhibits 67: Adani Group - Overview
Exhibits 68: Adani Group - Product / Service
Exhibits 69: Adani Group - Key news
Exhibits 70: Adani Group - Key offerings
Exhibits 71: SWOT
Exhibits 72: Godrej and Boyce Manufacturing Co. Ltd. - Overview
Exhibits 73: Godrej and Boyce Manufacturing Co. Ltd. - Product / Service
Exhibits 74: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
Exhibits 75: SWOT
Exhibits 76: JK Lakshmi Cement Ltd. - Overview
Exhibits 77: JK Lakshmi Cement Ltd. - Product / Service
Exhibits 78: JK Lakshmi Cement Ltd. - Key offerings
Exhibits 79: SWOT
Exhibits 80: JSW Cement Ltd. - Overview
Exhibits 81: JSW Cement Ltd. - Product / Service
Exhibits 82: JSW Cement Ltd. - Key offerings
Exhibits 83: SWOT
Exhibits 84: Nuvoco Vistas Corp. Ltd. - Overview
Exhibits 85: Nuvoco Vistas Corp. Ltd. - Product / Service
Exhibits 86: Nuvoco Vistas Corp. Ltd. - Key offerings
Exhibits 87: SWOT
Exhibits 88: Prism Johnson Ltd. - Overview
Exhibits 89: Prism Johnson Ltd. - Business segments
Exhibits 90: Prism Johnson Ltd. - Key offerings
Exhibits 91: Prism Johnson Ltd. - Segment focus
Exhibits 92: SWOT
Exhibits 93: RDC Concrete India Pvt. Ltd. - Overview
Exhibits 94: RDC Concrete India Pvt. Ltd. - Product / Service
Exhibits 95: RDC Concrete India Pvt. Ltd. - Key offerings
Exhibits 96: SWOT
Exhibits 97: The India Cements Ltd - Overview
Exhibits 98: The India Cements Ltd - Business segments
Exhibits 99: The India Cements Ltd - Key offerings
Exhibits 100: The India Cements Ltd - Segment focus
Exhibits 101: SWOT
Exhibits 102: The Ramco Cements Ltd. - Overview
Exhibits 103: The Ramco Cements Ltd. - Product / Service
Exhibits 104: The Ramco Cements Ltd. - Key offerings
Exhibits 105: SWOT
Exhibits 106: UltraTech Cement Ltd. - Overview
Exhibits 107: UltraTech Cement Ltd. - Product / Service
Exhibits 108: UltraTech Cement Ltd. - Key offerings
Exhibits 109: SWOT
Exhibits 110: Inclusions checklist
Exhibits 111: Exclusions checklist
Exhibits 112: Currency conversion rates for US$
Exhibits 113: Research methodology
Exhibits 114: Information sources
Exhibits 115: Data validation
Exhibits 116: Validation techniques employed for market sizing
Exhibits 117: Data synthesis
Exhibits 118: 360 degree market analysis
Exhibits 119: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the ready mix concrete market in india: Adani Group, Alcon, Aparna Enterprises Ltd., Concrete India RMC, Godrej and Boyce Manufacturing Co. Ltd., Hindustan Infrastructure Solution, Holcim Ltd., JK Lakshmi Cement Ltd., JSW Cement Ltd., Nuvoco Vistas Corp. Ltd., Prism Johnson Ltd., RDC Concrete India Pvt. Ltd., Sai RMC India, SCC Group, Skyway RMC Plants Pvt. Ltd., Sriram RMC Pvt. Ltd., The India Cements Ltd, The Ramco Cements Ltd., and UltraTech Cement Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing popularity of geopolymer cement concrete."

According to the report, one of the major drivers for this market is the high preference for ready mix concrete.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Adani Group
  • Alcon
  • Aparna Enterprises Ltd.
  • Concrete India RMC
  • Godrej and Boyce Manufacturing Co. Ltd.
  • Hindustan Infrastructure Solution
  • Holcim Ltd.
  • JK Lakshmi Cement Ltd.
  • JSW Cement Ltd.
  • Nuvoco Vistas Corp. Ltd.
  • Prism Johnson Ltd.
  • RDC Concrete India Pvt. Ltd.
  • Sai RMC India
  • SCC Group
  • Skyway RMC Plants Pvt. Ltd.
  • Sriram RMC Pvt. Ltd.
  • The India Cements Ltd
  • The Ramco Cements Ltd.
  • UltraTech Cement Ltd.