PUBLISHER: TechNavio | PRODUCT CODE: 1792252
PUBLISHER: TechNavio | PRODUCT CODE: 1792252
The ready-mix concrete market is forecasted to grow by USD 294.4 bn during 2024-2029, accelerating at a CAGR of 5.9% during the forecast period. The report on the ready-mix 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 growing construction market, high preference for ready-mix concrete, and rising demand for ready-mix concrete for non-residential application.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 5.4% |
CAGR | 5.9% |
Incremental Value | $294.4 bn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's ready-mix concrete market is segmented as below:
By Type
By Application
By Production Area
By Geographical Landscape
This study identifies the rapid urbanization and rising disposable income as one of the prime reasons driving the ready-mix concrete market growth during the next few years. Also, growing popularity of geopolymer cement concrete and growing focus on environmental sustainability will lead to sizable demand in the market.
The report on the ready-mix concrete market covers the following areas:
The 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 ready-mix concrete market vendors that include ACC Ltd., Aparna Enterprises Ltd., CEMEX SAB de CV, Concrete India RMC, EUROCEMENT Group, Godrej and Boyce Manufacturing Co. Ltd., Heidelberg Materials AG, Holcim Ltd., JK Lakshmi Cement Ltd., JSW Cement Ltd., Nuvoco Vistas Corp. Ltd., Prism Johnson Ltd., RDC Concrete India Pvt. Ltd., Sai RMC India, Skyway RMC Plants Pvt. Ltd., The India Cements Ltd, The Ramco Cements Ltd., Vicat, and Votorantim SA. Also, the ready-mix 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 publisher 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 primary and secondary research. The 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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