Description
Global Ready-mix Concrete Market Forecast to 2027
Market Forecast
The global ready mix concrete market is estimated to record a healthy CAGR of 8.3% to surpass the market worth of USD 1,179.3 million by the review period of 2021 to 2027.
Ready mix concrete is by a long shot the most widely known type of concrete, representing almost 3/4 of all concrete. Producing ready-mix concrete and conveying it through a travel mixer empowers the execution of exact concrete in the development project, making it solid, solid, and dependable. Ready-mix concrete is especially profitable when little amounts of concrete or discontinuous putting of concrete are required.
Ready-mixed concrete is likewise great for enormous positions where space is restricted and there is no place for a mixing plant and total reserves. The market is exceptionally unique and is supposed to observe high development over the gauge period.
The worldwide ready-mix concrete market has characterized by sorts of RMCs, for example, travel mixed concrete, shrivel mixed concrete, and focal mixed concrete that is delivered nearby and off-site for applications in business, private, framework, and modern areas.
Market Segmentation
Global Ready-Mix Concrete Market is classified in terms of product type, production, and application.
Based on Product Type the market is classified in terms of Transit Mixed Concrete, Shrink Mixed Concrete, and Central Mixed Concrete. By Production, the market is bifurcated into On-Site and Off-Site. Global Ready-Mix Concrete Market, by Application, has been classified into Residential buildings, Commercial buildings, Industrial, and Infrastructure.
Regional Analysis
North America accounted for the second biggest offer in the market for ready-mix concrete with an expected to CAGR of 8.3% over the estimated period. Expanding redesigns in the US and Canada are projected to help the interest for ready-mix concrete in development tasks. Development spending in the U.S. has been essentially expanding lately.
The critical ascent in natural worries in the US is likewise expected to increment interest for climate well-disposed development concrete, for example, ready-mix concrete in the development business. Canada’s ready-mix concrete market is supposed to become fundamentally attributable to a sped-up development movement with huge interests in the lodging area, upheld by higher public spending on foundation and clean energy projects.
The Canadian government’s endeavors to accelerate its drawn-out foundation plan, the ‘Putting resources into Canada Plan, allots US$2 billion for clean energy projects, US$1.6 billion for broadband, US$1.6 billion for building retrofits, US$1.2 billion for farming water system projects and US$1.2 billion for electric transports and charging framework ill essentially drive the development exercises in the country.
Asia Pacific ruled the market for ready-mix concrete by creating most of the income shares and is expected to rise at an income-based- CAGR of 8.7% over the conjecture period. Fast infrastructural advancement in Thailand, Singapore, India, and China is projected to help the interest for ready-mix concrete in development tasks.
Government changes to foster the street framework in China and India to thrive the modern advancement in the locale are expected to affect the business emphatically. New development connected with plants and modern focuses in the district combined with the metropolitan turn of events and lodging development projected to flood the interest for ready-mix concrete.
Key Players
The key players in the global ready-mix concrete market are ACC LIMITED, Vicat SA, LafargeHolcim Ltd, Barney & Dickenson Inc., R. W. Sidley, Inc., CEMEX S.A.B. de C.V., HeidelbergCement AG, UltraTech Cement Ltd, U.S. Concrete, Inc., LIVINGSTON’S CONCRETE SERVICE, INC., Vulcan Materials Company, and Martin Marietta Materials, Inc.
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL READY-MIX CONCRETE MARKET, BY PRODUCT TYPE
1.1.2 GLOBAL READY-MIX CONCRETE MARKET, BY PRODUCTION
1.1.3 GLOBAL READY-MIX CONCRETE MARKET, BY APPLICATION
1.1.4 GLOBAL READY-MIX CONCRETE MARKET, BY REGION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION
5.2 DRIVERS
5.2.1 GROWTH IN THE CONSTRUCTION INDUSTRY
5.2.2 RISING AWARENESS ABOUT THE BENEFITS OF READY-MIX CONCRETE
5.2.3 DRIVERS IMPACT ANALYSIS
5.3 RESTRAINTS
5.3.1 HIGH INITIAL INVESTMENTS REQUIRED FOR READY MIX CONCRETE PLANTS
5.3.2 RESTRAINTS IMPACT ANALYSIS
5.4 OPPORTUNITIES
5.4.1 GROWTH IN THE NUMBER OF MEGA INFRASTRUCTURAL DEVELOPMENT PROJECTS ACROSS THE GLOBE
6 MARKET FACTOR ANALYSIS
6.1 SUPPLY/VALUE CHAIN ANALYSIS
6.1.1 DEVELOPMENT
6.1.2 RAW MATERIAL SUPPLY
6.1.3 MANUFACTURING
6.1.4 SALES & DISTRIBUTION
6.1.5 END-USERS
6.2 PORTER’S FIVE FORCES MODEL
6.2.1 THREAT OF NEW ENTRANTS
6.2.2 BARGAINING POWER OF SUPPLIERS
6.2.3 BARGAINING POWER OF BUYERS
6.2.4 THREAT OF SUBSTITUTES
6.2.5 INTENSITY OF RIVALRY
7 GLOBAL READY-MIX CONCRETE MARKET, BY PRODUCT TYPE
7.1 OVERVIEW
7.2 TRANSIT MIXED CONCRETE
7.2.1 TRANSIT MIXED CONCRETE: MARKET ESTIMATES & FORECAST, BY REGION/COUNTRY, 2018-2027
7.3 SHRINK MIXED CONCRETE
7.3.1 SHRINK MIXED CONCRETE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2027
7.4 CENTRAL MIXED CONCRETE
7.4.1 CENTRAL MIXED CONCRETE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2027
8 GLOBAL READY-MIX CONCRETE MARKET, BY PRODUCTION
8.1 OVERVIEW
8.2 ON-SITE
8.2.1 ON-SITE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2027
8.3 OFF-SITE
8.3.1 OFF-SITE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2027
9 GLOBAL READY-MIX CONCRETE MARKET, BY APPLICATION
9.1 OVERVIEW
9.2 RESIDENTIAL BUILDING
9.2.1 RESIDENTIAL BUILDING: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2027
9.3 COMMERCIAL BUILDING
9.3.1 COMMERCIAL BUILDING: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2027
9.4 INDUSTRIAL
9.4.1 INDUSTRIAL: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2027
9.5 INFRASTRUCTURE
9.5.1 INFRASTRUCTURE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2027
10 GLOBAL READY-MIX CONCRETE MARKET, BY REGION
10.1 OVERVIEW
10.2 NORTH AMERICA
10.2.1 U.S.
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 GERMANY
10.3.2 FRANCE
10.3.3 U.K.
10.3.4 SPAIN
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 JAPAN
10.4.3 INDIA
10.4.4 REST OF ASIA-PACIFIC
10.5 MIDDLE EAST & AFRICA
10.5.1 SAUDI ARABIA
10.5.2 UAE
10.5.3 SOUTH AFRICA
10.5.4 REST OF MEA
10.6 SOUTH AMERICA
10.6.1 ARGENTINA
10.6.2 BRAZIL
10.6.3 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 COMPETITIVEOVERVIEW
11.2 COMPETITIVE BENCHMARKING
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES
11.3.1 NEW PRODUCT LAUNCH
11.3.2 MERGER & ACQUISITION
11.3.3 JOINT VENTURES
12 COMPANY PROFILES
12.1 ACC LIMITED
12.1.1 COMPANY OVERVIEW
12.1.2 PRODUCTS OFFERINGS
12.1.3 FINANCIAL DETAILS
12.1.4 KEY DEVELOPMENTS
12.1.5 SWOT ANALYSIS
12.1.6 KEY STRATEGIES
12.2 VICAT SA
12.2.1 COMPANY OVERVIEW
12.2.2 PRODUCTS OFFERINGS
12.2.3 FINANCIAL DETAILS
12.2.4 KEY DEVELOPMENTS
12.2.5 SWOT ANALYSIS
12.2.6 KEY STRATEGIES
12.3 LAFARGEHOLCIMLTD
12.3.1 COMPANY OVERVIEW
12.3.2 PRODUCTS OFFERINGS
12.3.3 FINANCIAL DETAILS
12.3.4 KEY DEVELOPMENTS
12.3.5 SWOT ANALYSIS
12.3.6 KEY STRATEGIES
12.4 BARNEY & DICKENSON INC.
12.4.1 COMPANY OVERVIEW
12.4.2 PRODUCTS OFFERINGS
12.4.3 SWOT ANALYSIS
12.4.4 KEY STRATEGIES
12.5 R. W. SIDLEY, INC.
12.5.1 COMPANY OVERVIEW
12.5.2 PRODUCTS OFFERINGS
12.5.3 SWOT ANALYSIS
12.5.4 KEY STRATEGIES
12.6 CEMEX S.A.B. DE C.V.
12.6.1 COMPANY OVERVIEW
12.6.2 PRODUCTS OFFERINGS
12.6.3 FINANCIAL DETAILS
12.6.4 KEY DEVELOPMENTS
12.6.5 SWOT ANALYSIS
12.6.6 KEY STRATEGIES
12.7 HEIDELBERGCEMENT AG
12.7.1 COMPANY OVERVIEW
12.7.2 PRODUCTS OFFERINGS
12.7.3 FINANCIAL DETAILS
12.7.4 KEY DEVELOPMENTS
12.7.5 SWOT ANALYSIS
12.7.6 KEY STRATEGIES
12.8 ULTRATECH CEMENT LTD.
12.8.1 COMPANY OVERVIEW
12.8.2 PRODUCTS OFFERINGS
12.8.3 FINANCIAL DETAILS
12.8.4 SWOT ANALYSIS
12.8.5 KEY STRATEGIES
12.9 U.S. CONCRETE, INC.
12.9.1 COMPANY OVERVIEW
12.9.2 PRODUCTS OFFERINGS
12.9.3 FINANCIAL DETAILS
12.9.4 SWOT ANALYSIS
12.9.5 KEY STRATEGIES
12.10 LIVINGSTON’S CONCRETE SERVICE, INC.
12.10.1 COMPANY OVERVIEW
12.10.2 PRODUCTS OFFERINGS
12.10.3 SWOT ANALYSIS
12.10.4 KEY STRATEGIES
12.11 VULCAN MATERIALS COMPANY
12.11.1 COMPANY OVERVIEW
12.11.2 PRODUCTS OFFERINGS
12.11.3 FINANCIAL DETAILS
12.11.4 SWOT ANALYSIS
12.11.5 KEY STRATEGIES
12.12 MARTIN MARIETTA MATERIALS, INC.
12.12.1 COMPANY OVERVIEW
12.12.2 PRODUCTS OFFERINGS
12.12.3 FINANCIAL DETAILS
12.12.4 SWOT ANALYSIS
12.12.5 KEY STRATEGIES
13 APPENDIX
13.1 REFERENCES
Companies Mentioned
ACC LIMITED, Vicat SA, LafargeHolcim Ltd, Barney & Dickenson Inc., R. W. Sidley, Inc., CEMEX S.A.B. de C.V., HeidelbergCement AG, UltraTech Cement Ltd, U.S. Concrete, Inc., LIVINGSTON’S CONCRETE SERVICE, INC., Vulcan Materials Company, and Martin Marietta Materials, Inc.
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