Global Ready-Mix Concrete Market 2022-2028
Ready-mix concrete (RMC) is concrete that is manufactured in a batch plant, according to each specific job requirement, then delivered to the job site ready to use. The mixture guarantees higher durability and sustainability. A ready-mix concrete is usually formed in a higher quantity and is often more precise as most of the work is carried out by expert suppliers. The global ready-mix concrete market size is projected to grow by USD 442.0 million from 2022 to 2028, registering a CAGR of 8.1 percent, according to a new report by Gen Consulting Company.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global ready-mix concrete market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the ready-mix concrete industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, production, end user, and region. The global market for ready-mix concrete can be segmented by type: transit mixed concrete, shrink mixed concrete, central mixed concrete. Among these, the transit mixed concrete segment was accounted for the highest revenue generator in 2021. Ready-mix concrete market is further segmented by production: on-site, off-site. The on-site segment is estimated to account for the largest share of the global ready-mix concrete market. Based on end user, the ready-mix concrete market is segmented into: residential, commercial, industrial, infrastructure, others. The residential segment held the largest share of the global ready-mix concrete market in 2021 and is anticipated to hold its share during the forecast period. On the basis of region, the ready-mix concrete market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2021, Asia-Pacific made up the largest share of revenue generated by the ready-mix concrete market.
Market Segmentation
By type: transit mixed concrete, shrink mixed concrete, central mixed concrete
By production: on-site, off-site
By end user: residential, commercial, industrial, infrastructure, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report has also analysed the competitive landscape of the global ready-mix concrete market with some of the key players being ACC Limited, Buzzi Unicem S.p.A., CEMEX S.A.B. de C.V, China Resources Cement Limited, HeidelbergCement AG, Sika AG, The Holcim Group, The Siam Cement Public Company Limited, U.S. Concrete, Inc., UltraTech Cement Ltd., Vicat SA, Votorantim Cimentos SA, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
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