The future of the global ready-mix concrete market looks promising with opportunities in the commercial & infrastructure, residential, and industrial market. The global ready-mix concrete market is expected to reach an estimated $671.3 billion by 2028 with a CAGR of 6.2% from 2023 to 2028. The major drivers for this market are rapid population growth and urbanization, increasing residential and commercial construction activities, and growing demand for versatile building materials.
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Answer: The global ready-mix concrete market is expected to reach an estimated $671.3 billion by 2028.
Q2. What is the growth forecast for ready-mix concrete market?
Answer: The global ready-mix concrete market is expected to grow with a CAGR of 6.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the ready-mix concrete market?
Answer: The major drivers for this market are rapid population growth and urbanization, increasing residential and commercial construction activities, and growing demand for versatile building materials.
Q4. What are the major segments for ready-mix concrete market?
Answer: The future of the global ready-mix concrete market looks promising with opportunities in the commercial & infrastructure, residential, and industrial market.
Q5. Who are the key ready-mix concrete companies?
Answer: Some of the key ready-mix concrete companies are as follows:
Answer: The analyst forecasts that transit mixed concrete will remain the largest segment over the forecast period because it is prepared in a controlled environment thereby helps in reducing dust pollution.
Q7. In ready-mix concrete market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region during the forecast period due to increasing infrastructural development in countries, such as Thailand, Singapore, India, and China, and growing government support for improvisation of road infrastructure to grow the industrial sector.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?
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A more than 150-page report is developed to help in your business decisions.
Ready-Mix Concrete Market by Segment
The study includes trends and forecast for the global ready-mix concrete market by type, mixer type, application, and region, as follows:Ready-Mix Concrete Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Transit Mixed Concrete
- Shrink Mixed Concrete
- Central Mixed Concrete
Ready-Mix Concrete Market by Mixer Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Volumetric
- Barrel Truck/In-Transit Mixer
Ready-Mix Concrete Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Commercial & Infrastructure
- Residential
- Industrial
Ready-Mix Concrete Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Ready-Mix Concrete Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, ready-mix concrete companies in the global automotive market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ready-mix concrete companies in the global market profiled in this report include:- CEMEX S.A.B
- ACC
- Barney and Dickenson
- SIKA Group
- UltraTech Cement
- Buzzi Unicem S.p.A.
- Vicat S.A.
- Lafarge
- Sidley
- Holcim
Ready-Mix Concrete Market Insights
- The analyst forecasts that transit mixed concrete will remain the largest segment over the forecast period because it is prepared in a controlled environment thereby helps in reducing dust pollution.
- Within this market, residential is expected to remain the largest segment due to increasing urbanization and growing disposable income in countries like India and China.
- APAC will remain the largest region during the forecast period due to increasing infrastructural development in countries, such as Thailand, Singapore, India, and China, and growing government support for improvisation of road infrastructure to grow the industrial sector.
Features of the Ready-Mix Concrete Market
- Market Size Estimates: Ready-mix concrete market size estimation in terms of value ($B)
- Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Ready-mix concrete market size by various segments, such as by type, mixer type, application, and region
- Regional Analysis: Ready-mix concrete market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by type, mixer type, application, and regions for the ready-mix concrete market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ready-mix concrete market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQS
Q1. What is the ready-mix concrete market size?Answer: The global ready-mix concrete market is expected to reach an estimated $671.3 billion by 2028.
Q2. What is the growth forecast for ready-mix concrete market?
Answer: The global ready-mix concrete market is expected to grow with a CAGR of 6.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the ready-mix concrete market?
Answer: The major drivers for this market are rapid population growth and urbanization, increasing residential and commercial construction activities, and growing demand for versatile building materials.
Q4. What are the major segments for ready-mix concrete market?
Answer: The future of the global ready-mix concrete market looks promising with opportunities in the commercial & infrastructure, residential, and industrial market.
Q5. Who are the key ready-mix concrete companies?
Answer: Some of the key ready-mix concrete companies are as follows:
- CEMEX S.A.B
- ACC
- Barney and Dickenson
- SIKA Group
- UltraTech Cement
- Buzzi Unicem S.p.A.
- Vicat S.A.
- Lafarge
- Sidley
- Holcim
Answer: The analyst forecasts that transit mixed concrete will remain the largest segment over the forecast period because it is prepared in a controlled environment thereby helps in reducing dust pollution.
Q7. In ready-mix concrete market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region during the forecast period due to increasing infrastructural development in countries, such as Thailand, Singapore, India, and China, and growing government support for improvisation of road infrastructure to grow the industrial sector.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
This report answers the following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the ready-mix concrete market by type (transit mixed concrete, shrink mixed concrete, and central mixed concrete), mixer type (volumetric and barrel truck/in-transit mixer), application (commercial & infrastructure, residential, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Ready-Mix Concrete Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2017 to 2028
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- CEMEX S.A.B
- ACC
- Barney and Dickenson
- SIKA Group
- UltraTech Cement
- Buzzi Unicem S.p.A.
- Vicat S.A.
- Lafarge
- Sidley
- Holcim
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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