The South America ready mix concrete market is expected to grow from US$ 59,485.32 million in 2022 to US$ 70,731.49 million by 2028; it is estimated to grow at a CAGR of 2.9% from 2022 to 2028.
Development of Sustainable Low Carbon Range Ready Mix Concrete
Ready mix concrete helps save on capital investments by not having to invest in plants and machinery for cement. Thus, ready mix concrete provides an alternative that reduces resource wastage during construction. The SAM construction industry focuses on meeting the growing need for infrastructure development and housing while limiting the impact of its CO2 emissions. Ready mix concrete industries have partially replaced their cement with fly ash and Ground Granulated Blast Furnace Slag (GGBS), which are the by-products of other industries. These products enhance the workability, durability, and sustainability of construction. Owing to the enriched properties (such as quality, availability, and low cost) of these supplementary materials, they are widely used for construction projects. For instance, Heidelberg Cement developed various alternatives to conventional concrete with a reduced environmental impact and improved carbon footprint, as well as building materials with product properties favorable for lower material usage are largely preferred. This provides a product with a much lower level of embodied CO2 than if ordinary cement was used, which is more durable and aesthetically lighter in color. Moreover, Nor Lavkarbon (Norway) product contains fly ash as secondary cementitious material to produce low-carbon concrete (CO2 reduction by 20%). Therefore, developing such sustainable products is forecasted to drive the South America ready mix concrete market.South America Ready Mix Concrete Market Overview
South & Central America includes countries such as Brazil, Argentina, and the Rest of South America. South & Central America is another region contributing to the growth of the ready mix concrete market. With the urbanization of the population in South America, the ready mix concrete market has been estimated to be increasing over the forecast period. The ready mix concrete market in South & Central America is primarily driven by the high use by the end-use industries. Furthermore, the region's key players are increasing their market share by focusing on product development and innovations. The rise in investment in research & development activities and technological innovation related to ready mix concrete is also expected to bolster the growth of the market.South America Ready Mix Concrete Market Revenue and Forecast to 2028 (US$ Million) South America Ready Mix Concrete Market Segmentation
The South America ready mix concrete market is segmented on the basis of end use and country. Based on end use, the South America ready mix concrete market is segmented into residential, commercial, and others. The residential segment held the largest market share in 2022.- Based on country, the South America ready mix concrete market is segmented into Brazil, Argentina, and the Rest of South America. The Rest of South America dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. SAM Ready Mix Concrete Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Ready Mix Concrete Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Commercial and Residential Construction Projects
5.1.2 High Government Spending on Infrastructure Projects
5.2 Market Restraints
5.2.1 Pollution Caused by Commercial Ready Mix Concrete Production Plants in Metro Cities
5.3 Market Opportunities
5.3.1 Development of Sustainable Low Carbon Range Ready Mix Concrete
5.4 Market Trends
5.4.1 Utilization of Ready Mix Concrete in 3D Printing Process
5.5 Impact Analysis of Drivers and Restraint
6. Ready Mix Concrete - SAM Market Analysis
6.1 SAM Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
6.2 SAM Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
7. SAM Ready Mix Concrete Market Analysis - By End Use
7.1 Overview
7.2 Ready Mix Concrete Market, By End Use (2021 and 2028)
7.3 Residential
7.3.1 Overview
7.3.2 Residential: Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
7.3.3 Residential: Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Commercial
7.4.1 Overview
7.4.2 Commercial: Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
7.4.3 Commercial: Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
7.5.3 Others: Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
8. SAM Ready Mix Concrete Market - by Country Analysis
8.1 South & Central America: Ready Mix Concrete Market
8.1.1 South & Central America: Ready Mix Concrete Market, by Key Country
8.1.1.1 Brazil: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.2 Brazil: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.2.1 Brazil: Ready Mix Concrete Market, by End Use
8.1.1.3 Argentina: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.4 Argentina: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.4.1 Argentina: Ready Mix Concrete Market, by End Use
8.1.1.5 Rest of South & Central America: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.6 Rest of South & Central America: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.6.1 Rest of South & Central America: Ready Mix Concrete Market, by End Use
9. Industry Landscape
9.1 Overview
9.2 Market Initiative
9.3 New Product Development
10. Company Profiles
10.1 Vicat SA
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 LafargeHolcim
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Buzzi Unicem S.p.A
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 CEMEX S.A.B. DE C.V.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
11. Appendix
11.1 About the Publisher
11.2 Glossary of Terms
List of Tables
Table 1. SAM Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Table 2. SAM Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 4. Brazil Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 6. Argentina Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of South & Central America Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 8. Rest of South & Central America Ready Mix Concrete Market, End Use - Revenue and Forecast to 2028 (US$ Million)
Table 9. Glossary of Terms
List of Figures
Figure 1. SAM Ready Mix Concrete Market Segmentation
Figure 2. SAM Ready Mix Concrete Market Segmentation - By Country
Figure 3. SAM Ready Mix Concrete Market Overview
Figure 4. SAM Ready Mix Concrete Market, By End Use
Figure 5. SAM Ready Mix Concrete Market, By Country
Figure 6. SAM Porter's Five Forces Analysis
Figure 7. SAM Ready Mix Concrete Market - Ecosystem
Figure 8. SAM Expert Opinion
Figure 9. SAM Ready Mix Concrete Market Impact Analysis of Drivers and Restraints
Figure 10. SAM Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
Figure 11. SAM Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. SAM Ready Mix Concrete Market Revenue Share, By End Use (2021 and 2028)
Figure 13. Residential: SAM Ready Mix Concrete Market - Volume and Forecast To 2028 (Million Cubic Meter)
Figure 14. Residential: SAM Ready Mix Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Commercial: SAM Ready Mix Concrete Market - Volume and Forecast To 2028 (Million Cubic Meter)
Figure 16. Commercial: SAM Ready Mix Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. Others: SAM Ready Mix Concrete Market - Volume and Forecast To 2028 (Million Cubic Meter)
Figure 18. Others: SAM Ready Mix Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. South & Central America: Ready Mix Concrete Market, by Key Country - Revenue (2021) (US$ Million)
Figure 20. South & Central America: Ready Mix Concrete Market Revenue Share, by Key Country (2021 and 2028)
Figure 21. Brazil: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 22. Brazil: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 23. Argentina: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 24. Argentina: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of South & Central America: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 26. Rest of South & Central America: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- Vicat SA
- LafargeHolcim
- Buzzi Unicem S.p.A
- CEMEX S.A.B. DE C.V.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 82 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 59485.32 Million |
| Forecasted Market Value ( USD | $ 70731.49 Million |
| Compound Annual Growth Rate | 2.9% |
| No. of Companies Mentioned | 4 |
