The global market for Ready-Mix Concrete was valued at US$485.3 Billion in 2024 and is projected to reach US$774.5 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The application of RMC has become increasingly popular in both residential and commercial construction. It offers enhanced durability and sustainability compared to site-mixed concrete. Industries such as civil infrastructure, power, and real estate, which demand stringent standards for quality and durability, rely heavily on RMC. Additionally, as urbanization continues to increase, the demand for new construction projects within cities has prompted the need for timely and efficient methods of concrete delivery. RMC plants are strategically located in proximity to areas with high demand, which reduces transportation costs and potential delays that can be caused by traffic congestions in urban settings. This logistical advantage makes RMC a preferred choice for many developers and contractors in fast-paced construction environments.
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.
Global Ready-Mix Concrete Market - Key Trends and Drivers Summarized
Ready-mix concrete (RMC) is a type of concrete that is manufactured in a factory or batching plant according to a set recipe, and then delivered to a work site by truck mounted with mixers. This results in a precise mixture, allowing specialty concrete mixtures to be developed and implemented on construction sites. The key benefit of RMC is that it minimizes the need for onsite labor and reduces the handling of raw materials at the site, thereby leading to a significant reduction in material waste, time, and overall project costs. RMC is typically used in construction projects where there is a need for high-quality concrete with properties that can be controlled and manipulated depending on the unique requirements of the project.The application of RMC has become increasingly popular in both residential and commercial construction. It offers enhanced durability and sustainability compared to site-mixed concrete. Industries such as civil infrastructure, power, and real estate, which demand stringent standards for quality and durability, rely heavily on RMC. Additionally, as urbanization continues to increase, the demand for new construction projects within cities has prompted the need for timely and efficient methods of concrete delivery. RMC plants are strategically located in proximity to areas with high demand, which reduces transportation costs and potential delays that can be caused by traffic congestions in urban settings. This logistical advantage makes RMC a preferred choice for many developers and contractors in fast-paced construction environments.
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.
Scope of the Study
The report analyzes the Ready-Mix Concrete market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments:
Type (Transit Mix, Central Mix, Shrink Mix); Application (Residential, Infrastructure, Commercial, Industrial).Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Transit Mix Concrete segment, which is expected to reach US$419.1 Billion by 2030 with a CAGR of a 7.4%. The Central Mix Concrete segment is also set to grow at 9.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $57.3 Billion in 2024, and China, forecasted to grow at an impressive 9.1% CAGR to reach $312.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 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., Astec Industries, Inc., Beton Provincial Ltee and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
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?
Some of the 301 major companies featured in this Ready-Mix Concrete market report include:
- 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. METHODOLOGYMII. 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 | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 485.3 Billion |
| Forecasted Market Value ( USD | $ 774.5 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
