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Ready-Mix Concrete Market Trends and Forecast

The future of the global ready-mix concrete market looks promising with opportunities in the commercial & infrastructure, residential, and industrial market. The global ready-mix concrete market is expected to reach an estimated $671.3 billion by 2028 with a CAGR of 6.2% from 2023 to 2028. The major drivers for this market are rapid population growth and urbanization, increasing residential and commercial construction activities, and growing demand for versatile building materials.
Ready-Mix Concrete Market by Type, Mixer Type, and Application
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below. 
Ready-Mix Concrete Market by Segments

Ready-Mix Concrete Market by Segment

The study includes trends and forecast for the global ready-mix concrete market by type, mixer type, application, and region, as follows:

Ready-Mix Concrete Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Transit Mixed Concrete
  • Shrink Mixed Concrete
  • Central Mixed Concrete

Ready-Mix Concrete Market by Mixer Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Volumetric
  • Barrel Truck/In-Transit Mixer

Ready-Mix Concrete Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Commercial & Infrastructure
  • Residential
  • Industrial

Ready-Mix Concrete Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Ready-Mix Concrete Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, ready-mix concrete companies in the global automotive market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ready-mix concrete companies in the global market profiled in this report include:

Ready-Mix Concrete Market Insights

  • Lucintel forecasts that transit mixed concrete will remain the largest segment over the forecast period because it is prepared in a controlled environment thereby helps in reducing dust pollution.
  • Within this market, residential is expected to remain the largest segment due to increasing urbanization and growing disposable income in countries like India and China.
  • APAC will remain the largest region during the forecast period due to increasing infrastructural development in countries, such as Thailand, Singapore, India, and China, and growing government support for improvisation of road infrastructure to grow the industrial sector.

Features of the Ready-Mix Concrete Market

  • Market Size Estimates: Ready-mix concrete market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Ready-mix concrete market size by various segments, such as by type, mixer type, application, and region
  • Regional Analysis: Ready-mix concrete market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by type, mixer type, application, and regions for the ready-mix concrete market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ready-mix concrete market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the ready-mix concrete market size?
Answer: The global ready-mix concrete market is expected to reach an estimated $671.3 billion by 2028.
Q2. What is the growth forecast for ready-mix concrete market?
Answer: The global ready-mix concrete market is expected to grow with a CAGR of 6.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the ready-mix concrete market?
Answer: The major drivers for this market are rapid population growth and urbanization, increasing residential and commercial construction activities, and growing demand for versatile building materials.
Q4. What are the major segments for ready-mix concrete market?
Answer: The future of the global ready-mix concrete market looks promising with opportunities in the commercial & infrastructure, residential, and industrial market.
Q5. Who are the key ready-mix concrete companies?
Answer: Some of the key ready-mix concrete companies are as follows:
  • CEMEX S.A.B
  • ACC
  • Barney and Dickenson
  • SIKA Group
  • UltraTech Cement
  • Buzzi Unicem S.p.A.
  • Vicat S.A.
  • Lafarge
  • Sidley
  • Holcim
Q6. Which ready-mix concrete segment will be the largest in future?
Answer: Lucintel forecasts that transit mixed concrete will remain the largest segment over the forecast period because it is prepared in a controlled environment thereby helps in reducing dust pollution.
Q7. In ready-mix concrete market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region during the forecast period due to increasing infrastructural development in countries, such as Thailand, Singapore, India, and China, and growing government support for improvisation of road infrastructure to grow the industrial sector.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the ready-mix concrete market by type (transit mixed concrete, shrink mixed concrete, and central mixed concrete), mixer type (volumetric and barrel truck/in-transit mixer), application (commercial & infrastructure, residential, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?

For any questions related to ready-mix concrete market or related to ready-mix concrete companies, ready-mix concrete market size, ready-mix concrete market share, ready-mix concrete analysis, ready-mix concrete market growth, ready-mix concrete market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
 
1. Executive Summary
 
2. Global Ready-Mix Concrete Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Ready-Mix Concrete Market Trends (2017-2022) and Forecast (2023-2028)
3.3:  Global Ready-Mix Concrete Market by Type 
3.3.1: Transit Mixed Concrete
3.3.2: Shrink Mixed Concrete
3.3.3: Central Mixed Concrete
3.4: Global Ready-Mix Concrete Market by Mixer Type 
3.4.1: Volumetric
3.4.2: Barrel Truck/In-Transit Mixer
3.5: Global Ready-Mix Concrete Market by Application 
3.5.1: Commercial & Infrastructure
3.5.2: Residential
3.5.3: Industrial
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Ready-Mix Concrete Market by Region
4.2:  North American Ready-Mix Concrete Market 
4.2.1:  North American Ready-Mix Concrete Market by Type: Transit Mixed Concrete, Shrink Mixed Concrete, and Central Mixed Concrete
4.2.2:  North American Ready-Mix Concrete Market by Application: Commercial & Infrastructure, Residential, and Industrial 
4.3: European Ready-Mix Concrete Market  
4.3.1: European Ready-Mix Concrete Market by Type: Transit Mixed Concrete, Shrink Mixed Concrete, and Central Mixed Concrete
4.3.2: European Ready-Mix Concrete Market by Application: Commercial & Infrastructure, Residential, and Industrial
4.4: APAC Ready-Mix Concrete Market  
4.4.1: APAC Ready-Mix Concrete Market by Type: Transit Mixed Concrete, Shrink Mixed Concrete, and Central Mixed Concrete
4.4.2: APAC Ready-Mix Concrete Market by Application: Commercial & Infrastructure, Residential, and Industrial
4.5: ROW Ready-Mix Concrete Market  
4.5.1: ROW Ready-Mix Concrete Market by Type: Transit Mixed Concrete, Shrink Mixed Concrete, and Central Mixed Concrete
4.5.2: ROW Ready-Mix Concrete Market by Application: Commercial & Infrastructure, Residential, and Industrial
 
5. Competitor Analysis  
5.1: Product Portfolio Analysis  
5.2: Operational Integration  
5.3: Porter’s Five Forces Analysis  
 
6. Growth Opportunities and Strategic Analysis  
6.1: Growth Opportunity Analysis   
6.1.1: Growth Opportunities for the Global Ready-Mix Concrete Market by Type
6.1.2: Growth Opportunities for the Global Ready-Mix Concrete Market by Mixer Type 
6.1.3: Growth Opportunities for the Global Ready-Mix Concrete Market by Application 
6.1.4: Growth Opportunities for the Global Ready-Mix Concrete Market by Region 
6.2: Emerging Trends in the Global Ready-Mix Concrete Market   
6.3: Strategic Analysis   
6.3.1: New Product Development   
6.3.2: Capacity Expansion of the Global Ready-Mix Concrete Market   
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Ready-Mix Concrete Market   
6.3.4: Certification and Licensing   
 
7. Company Profiles of Leading Players  
7.1: CEMEX S.A.B
7.2: ACC
7.3: Barney and Dickenson
7.4: SIKA Group
7.5: UltraTech Cement
7.6: Buzzi Unicem S.p.A.
7.7: Vicat S.A.
7.8: Lafarge
7.9: Sidley
7.10: Holcim 
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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