PUBLISHER: TechNavio | PRODUCT CODE: 1205794
PUBLISHER: TechNavio | PRODUCT CODE: 1205794
Technavio has been monitoring the concrete market and is forecast to grow by $157.6 bn during 2022-2027, accelerating at a CAGR of 5.69% during the forecast period. Our report on the concrete market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the expansion of construction industry, increased demand for stamped concrete for flooring applications, and increase in demand for decorative concrete.
Technavio's concrete market is segmented as below:
By Type
By End-user
By Geography
This study identifies the increasing demand for precast concrete for non-residential construction as one of the prime reasons driving the concrete market growth during the next few years. Also, increasing focus on the use of green concrete and the growing popularity of geopolymer cement concrete will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the concrete market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading concrete market vendors that include Adbri Ltd., Broco Industries, Cementir Holding NV, CEMEX SAB de CV, CRH Plc, HeidelbergCement AG, Holcim Ltd., JSW Cement Ltd., Laing O Rourke, PPC Ltd., RW Sidley Inc., Saint Gobain, Shay Murtagh Precast Ltd., Sika AG, The QUIKRETE Companies, US Concrete Inc., Vicat SA, Votorantim SA, Weckenmann Anlagentechnik GmbH and Co. KG, and Xella International GmbH. Also, the concrete market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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