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Ready Mix Concrete Market

Global Ready Mix Concrete Market Analysis, Growth, Trends: By Type: Transit Mix Concrete, Central Mix Concrete, Shrink Mix Concrete, Others; By Application: Residential, Commercial, Industrial, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Ready Mix Concrete Market Outlook

The global ready mix concrete market reached a value of about USD 761.31 billion in 2023. The market for ready mix concrete is being driven by the increasing construction projects and rising urbanisation. The market is further expected to grow at a CAGR of 8.2% in the forecast period of 2024-2032.

 

Global Ready Mix Concrete Market

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Rising Urbanisation Aiding the Growth of the Global Ready Mix Concrete Industry

Increased developments around the world, owing to urbanisation, government infrastructure plans, and an increasing population that requires residential and commercial structures, are expected to enhance the industry growth. Because of its greater simplicity, ease of use, and improved efficiency, ready mix concrete is commonly used as a concrete replacement. Furthermore, reduced inventory costs, waste control, and effective usage are all likely to reduce project costs overall. As a result, these factors are expected to have a favourable effect on its consumption.

During the forecast period, the Asia Pacific region is expected to have a significant share of the total ready mix concrete industry value. Increased infrastructure investments in India, China, Thailand, and Singapore are expected to drive the product demand. The favourable government policies that promote manufacturing and building growth, as well as improvements in regional road infrastructure, are likely to benefit the regional construction industry, thus, aiding the market.

 

Ready Mix Concrete: Market Segmentation

The term "ready mix concrete" refers to a mixture of sand, water, and aggregates that has been pre-mixed. The processing of this mix, which is shipped via transit mixer, ensures that precise concrete is used in the building, making it durable and long-lasting. When there is not enough space for aggregate stockpiles and mixing plants, these are frequently used. They are also used for minor building projects that only require a small number of aggregate stockpiles.

 

Global Ready Mix Concrete Market by Segment

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Based on type, the market is divided into:

  • Transit Mix Concrete
  • Central Mix Concrete
  • Shrink Mix Concrete
  • Others

On the basis of application, the market is categorised into:

  • Residential
  • Commercial
  • Industrial
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Ready Mix Concrete Market by Region

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Increasing Construction Projects Driving the Ready Mix Concrete Industry Growth

For the construction of industrial plants, residential and industrial structures, power generation projects, and road construction, ready mix concrete is universally recognised. The primary factor driving the market growth includes the global infrastructure development, combined with rapid urbanisation. RMC is replacing traditional concrete because of its superior consistency, ease of use, cost-effectiveness, and comfort. Furthermore, RMC's low inventory costs, waste control, and good consumption results in lower project costs, which is further expected to boost the commodity demand in the coming years. The substance improves the structure's stability and long-term viability. The increasing urbanisation, rising industrialisation, and economic growth are some of the factors benefiting the global construction industry, which, in turn, is expected to significantly drive the demand for ready mix concrete in the coming years.

 

Key Industry Players in the Global Ready Mix Concrete Market

The report gives a detailed analysis of the following key players in the global ready mix concrete market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • LafargeHolcim Ltd.
  • CEMEX S.A.B de C.V.
  • Heidelbergcement AG
  • Vicat S.A.
  • The Colas Group
  • Martin Marietta
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Transit Mix Concrete
  • Central Mix Concrete
  • Shrink Mix Concrete
  • Others
Breakup by Application
  • Residential
  • Commercial
  • Industrial
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • LafargeHolcim Ltd.
  • CEMEX S.A.B. de C.V.
  • Heidelbergcement AG
  • Vicat S.A.
  • The Colas Group
  • Martin Marietta
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Ready Mix Concrete Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Ready Mix Concrete Historical Market (2018-2023) 
    8.3    Global Ready Mix Concrete Market Forecast (2024-2032)
    8.4    Global Ready Mix Concrete Market by Type
        8.4.1    Transit Mix Concrete
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Central Mix Concrete
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Shrink Mix Concrete
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Ready Mix Concrete Market by Application
        8.5.1    Residential
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Commercial
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Industrial
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Ready Mix Concrete Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Ready Mix Concrete Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Ready Mix Concrete Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Ready Mix Concrete  Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Ready Mix Concrete Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Ready Mix Concrete Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    LafargeHolcim Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    CEMEX S.A.B. de C.V.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Heidelbergcement AG
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Vicat S.A.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    The Colas Group
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Martin Marietta
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Ready Mix Concrete Market: Key Industry Highlights, 2018 and 2032
2.    Global Ready Mix Concrete Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Ready Mix Concrete Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Ready Mix Concrete Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Ready Mix Concrete Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Ready Mix Concrete Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Ready Mix Concrete Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Ready Mix Concrete Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Ready Mix Concrete Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Ready Mix Concrete Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Ready Mix Concrete Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Ready Mix Concrete Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Ready Mix Concrete Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Ready Mix Concrete Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Ready Mix Concrete Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Ready Mix Concrete Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Ready Mix Concrete Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Ready Mix Concrete Market Structure

Key Questions Answered in the Report

In 2023, the global ready-mix concrete market attained a value of nearly USD 761.31 billion.

The market is projected to grow at a CAGR of 8.2% between 2024 and 2032.

The major market drivers are the easy pouring methods involved in ready mix concrete and the expansion of the automotive sector.

The key trends in the market are the surging demand from residential and commercial sector and the increased spending by multiple governments on manufacturing and power plants.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The types of the concrete include transit mix concrete, central mix concrete, and shrink mix concrete, among others.

The applications include residential, commercial, and industrial, among others.

The key players in the global ready mix concrete market are LafargeHolcim Ltd., CEMEX S.A.B de C.V., Heidelbergcement AG, Vicat S.A., The Colas Group, and Martin Marietta, among others.

Analyst Review

The global ready mix concrete market reached a value of about USD 761.31 billion in 2023. The market for ready mix concrete is being driven by the increasing construction projects and rising urbanisation. The market is further expected to grow at a CAGR of 8.2% in the forecast period of 2024-2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the ready-mix concrete industry can be segmented into transit mix concrete, central mix concrete, and shrink mix concrete, among others. The application sectors include residential, commercial, and industrial, among others. The major regional markets for ready-mix concrete are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Asia Pacific accounting for the largest share of the market. The key players in the above market include LafargeHolcim Ltd., CEMEX S.A.B de C.V., Heidelbergcement AG, Vicat S.A., The Colas Group, and Martin Marietta., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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