Ready-mix concrete finds ubiquitous application as a building material and its market is growing pervasively. Market Research Future (MRFR) has published an exhaustive report on the global ready-mix concrete market, covering the essential accruals of the market based on the pertinent trends and factors that can impact the market in the coming years.
As per the analysis of MRFR, teh ready-mix concrete market is likely to capture a CAGR of 8.02% over the forecast period of 2017-2023.
Ready-mix concrete (RMC) is being increasingly preferred over traditional concrete due to various advantages aligned with it such as ease of use, convenience, cost advantage, and better quality. RMC also provides reduced shrinkage, cracking tendencies which has led to its adoption in constructional activities. Rising constructional activities across the globe along with large-scale infrastructure development. The governments in multiple countries, teh developing countries in particular, are investing heavily on the development of industrial areas to attract foreign investment, which subsequently induces demand within the ready-mix concrete market.
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However, the growth of the market has been sluggish in certain regions where traditional labor-intensive construction practices are followed still now. In such regions, where concrete is volumetrically-batched and site-mixed, there is little scope for teh growth of the ready-mix concrete market.
- HeidelbergCement (Germany)
- Holcim Ltd.( Switzerland)
- R.W. Sidley Inc. (U.S.)
- Vicat SA (France)
- Barney & Dickenson Inc.(U.S.)
- Lafarge (France)
- ACC Limited (India)
- Buzzi Unicem S.p.A. (Italy)
- UltraTech Cement Limited ( India)
- CEMEX S.A.B. de C.V.( Mexico)
- Italcementi Group (Italy)
July 2019 – Ambuja Cement, India’s top cement manufacturing and supplier company, controlled by LafargeHolcim announced plans to acquire capacities in ready-mix concrete (RMC) in an attempt to establish itself as a building materials company. The company is eyeing to capitalize on the opportunities offered by other building materials segment.
July 2019 – CEMEX USA announced that it was a sole supplier for west of Houston, Texas, one of the biggest cities in the biggest state in the US. Some of teh projects include the building of an eight storey, luxury mid-rise apartment complex located near the heart of Memorial City where the company supplied nearly 25 000 yd3 of ready-mixed concrete The company is involved in various other projects where the company has provided more than 200 000 yd3 of ready-mixed concrete for MetroNational projects within the last five years.
The global Ready-mix Concrete Market has been segmented based on production and application.
By production, the ready-mix concrete market has been segmented into off-site and on-site.
By application, the ready-mix concrete market has been segmented into commercial, residential, industrial utilities, and infrastructure.
Region-wise, the ready-mix concrete market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
The APAC ready-mix concrete market captured the largest share of the global market in 2016 and is likely to retain its dominance throughout the forecast period. Ongoing infrastructure development in the emerging economies of teh region along with accelerated constructional projects, both residential, industrial, and commercial has bolstered the growth of the ready-mix concrete market. Favorable environment purveyed by supportive government policies and teh availability of relatively cheap labor as well as resources has favored urbanization in the region which consequently boosts teh market growth of ready-mix concrete. China is the most prominent country specific market in the APAC. Rise in disposable income in China has been key to the growth of the market.
The MEA ready mix concrete market is anticipated to showcase substantial growth over the forecast period. Burgeoning population growth and infrastructural development activities present growth opportunities to the MEA market. Saudi Arabia, in particular, is a key contributor to the MEA market.
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Scope of Report
The report for Global Ready-mix concrete Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
List of Tables
Table 1 Global Ready Mix Concrete Market: by Region, 2017-2023
Table 2 North America Ready Mix Concrete Market: by Country, 2017-2023
Table 3 Europe Ready Mix Concrete Market: by Country, 2017-2023
Table 4 Asia Pacific Ready Mix Concrete Market: by Country, 2017-2023
Table 5 Row Ready Mix Concrete Market: by Country, 2017-2023
Table 6 Global Ready Mix Concrete Market, by Production, by Regions, 2017-2023
Table 7 North America Ready Mix Concrete Market, by Production, by Country, 2017-2023
Table 8 Europe Ready Mix Concrete Market, by Production, by Country, 2017-2023
Table 9 Asia Pacific Ready Mix Concrete Market by Production, by Country, 2017-2023
Table 10 Row Ready Mix Concrete Market by Production, by Country, 2017-2023
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Ready Mix Concrete Market Share, by Wall Construction, 2016 (%)
Figure 9 Global Ready Mix Concrete Market, by Production, 2015-2023 (Usd Million)
Figure 10 Global Ready Mix Concrete Market Share, by Application, 2016 (%)
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