+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)

Ready-Mix Concrete - Global Strategic Business Report

  • PDF Icon

    Report

  • 623 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1227806
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.

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 SUMMARY
1. MARKET OVERVIEW
  • Ready-Mix Concrete - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Ready-Mix Concrete: A Prleude
  • Advantages of RMC
  • Disadvantages
  • Types of Ready-Mix Concrete
  • Outlook
  • Developing Economies Dominate, Continue to Drive Future Market Growth
  • Percentage Share of Cement to Ready-Mix Concrete for Select Countries: 2019
  • Developed Regions Home to More Number of RMC Producers and Plants
  • Escalating Input Costs & Flat Selling Prices of End-Products Erode Margins for Ready-Mix Concrete Producers
  • Ready-mix Concrete Price in US$/Cubic Yard: Q4 2020 Vs Q1 2021
  • Ready-Mix Concrete Price in US$/Cubic Yard: Q1 2020 Vs Q1 2021
  • Aspects Associated with Ready Mix Concrete
  • At Production/Supply Point
  • At Manufacturer’s Point
  • Competition
  • IAnnual Sales Volume of Ready mix concrete in Million Cubic Meters of Select Leading Players: 2020 Vs 2019
  • Recent Market Activity
  • World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Concrete Shortage Hampers Prospects
  • Sophisticated Concrete Admixtures Spawn New Era for Ready-Mix Industry
  • Customized Admixtures for High-Strength Concrete
  • Admixtures for Precast Applications
  • Customized Admixtures to Improve Concrete Rheology
  • Seeing Concrete through Green Lens: Promising Developments
  • Industry Invests in Recycling Concrete
  • New Technology Adoption in the Concrete Industry
  • Digitalization Streamlines Ready-Mix Operations & Distribution Mechanism, Infusing More Operational Efficiency
  • Integration of Disparate Systems
  • Integrated Job Status for Real-Time Tracking
  • Subscription-based Services
  • Ready-Mix Concrete Industry Gears Up for Industry 4.0
  • ML & AI Seek Role in Ready-Mix Concrete Business
  • Concrete Pumps Improve Ready-Mix Concrete Market
  • High Rise Building Projects Drive Demand for High Performance Concrete
  • Completions of 200-Meter-Plus Buildings: 2010-2021
  • Innovative Concrete Solutions Address Evolving Construction Requirements
  • Producers Bet on Advanced Solutions to Cool Concrete & Ensure Quality Product
  • Infrastructure Investment Patterns Strongly Influence the Market
  • Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
  • Favorable Demographic & Macro Trends Strengthen Market Prospects
  • Rapid Urbanization to Drive Demand Prospects
  • World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050P
  • Population Growth to Elevate Demand for New Constructions
  • World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
  • Expanding Middle Class Population: Positive Opportunities for Construction Industry
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Transit Mix by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Transit Mix by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Transit Mix by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Central Mix by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Central Mix by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Central Mix by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Shrink Mix by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Shrink Mix by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Shrink Mix by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Infrastructure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Infrastructure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Infrastructure by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Ready-Mix Concrete Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 23: World Recent Past, Current & Future Analysis for Ready-Mix Concrete by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Ready-Mix Concrete by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Ready-Mix Concrete by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • After Facing a Severe Blow, Recovery in Construction Sector to Spur Growth
  • US Monthly Construction Spending in US$ Billion: Dec 2020-July 2021
  • US New Construction Starts in US$ Billion by Sector: 2020
  • Rise in Home Buying Activity Benefits Demand
  • Housing Starts in US in Thousands: 2015-2020
  • Number of Housing Starts in Thousand Units by Type for Single-Family Units and Multi-Family Units (Jan 2021-Aug 2021)
  • US Commercial Construction Rebounds with Anticipated Spending on Infrastructure Projects
  • Total Construction Starts % Change in the US (Jan-July): 2019 Vs 2020
  • US NonResidential Spending Trends (% YoY) Growth by Sector: 2021 and 2022
  • Pricing Scenario
  • US Ready-Mix Concrete Average Price (in US$ Per Cubic Yard): 2012 - 2020
  • US Ready-Mix Concrete Quarterly Average Price (in US$ Per Cubic Yard): Q32018 - Q2 2021
CANADA
  • Market Overview
  • Housing Market in Canada (2010-2019): Breakdown of Number of Housing Starts in Thousands
  • Housing Starts in Canada in Units: April 2021-Aug 2021
JAPAN
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
  • Urbanization in China (2009-2019): Percentage Share of Total Population Living in Cities
EUROPE
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
  • EXHBIT: RMC Production by Country (in Million Cubic Meters): 2018
FRANCE
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Market Overview
SPAINRUSSIATURKEYREST OF EUROPE
ASIA-PACIFIC
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
  • Urbanization Rate in Asia-Pacific (2018-2048): Percentage Share of Total Population Living in Cities
AUSTRALIA
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Market Overview
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
  • Market Overview
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Ready-Mix Concrete Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • 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