Global Ready-Mix Concrete Market 2024-2028

Global Ready-Mix Concrete Market 2024-2028


The ready-mix concrete market is forecasted to grow by USD 210.44 bn during 2023-2028, accelerating at a CAGR of 5.17% 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.

Technavio's ready-mix concrete market is segmented as below:

By Type
  • Transit mix concrete
  • Central mix
  • shrink mix concrete
By Application
  • Non-residential
  • Residential
By Geography
  • APAC
  • Middle East and Africa
  • Europe
  • North America
  • South America
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:
  • Ready-mix concrete market sizing
  • Ready-mix concrete market forecast
  • Ready-mix concrete market industry analysis
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., Aditya Birla Management Corp. Pvt. Ltd., Aparna Enterprises Ltd., CEMEX SAB de CV, Concrete India RMC, EUROCEMENT Group, Heidelberg Materials AG, Holcim Ltd., JK Lakshmi Cement Ltd., JSW STEEL Ltd., Sai RMC India, Skyway RMC Plants Pvt. Ltd., The India Cements Ltd., Vicat, Votorantim SA, Godrej and Boyce Manufacturing Co. Ltd., Nuvoco Vistas Corp. Ltd., Prism Johnson Ltd., RDC Concrete India Pvt. Ltd., and The Ramco Cements Ltd.. 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 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.

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 research - both primary and secondary. 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 the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global ready-mix concrete market 2018 - 2022
      • Table Historic Market Size – Data Table on global ready-mix concrete market 2018 - 2022 ($ billion)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Transit mix concrete - Market size and forecast 2023- 2028
      • Table Chart on Transit mix concrete - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Transit mix concrete - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Transit mix concrete - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Transit mix concrete - Year-over-year growth 2023-2028 (%)
    • Central mix and shrink mix concrete - Market size and forecast 2023-2028
      • Table Chart on Central mix and shrink mix concrete - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Central mix and shrink mix concrete - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Central mix and shrink mix concrete - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Central mix and shrink mix concrete - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ billion)
      • Table Data Table on Market opportunity by Type ($ billion)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Non-residential - Market size and forecast 2023-2028
      • Table Chart on Non-residential - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Non-residential - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Non-residential - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
    • Residential - Market size and forecast 2023-2028
      • Table Chart on Residential - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Residential - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Residential - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ billion)
      • Table Data Table on Market opportunity by Application ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on India - Year-over-year growth 2023-2028 (%)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Iran - Market size and forecast 2023-2028
      • Table Chart on Iran - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Iran - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Iran - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Iran - Year-over-year growth 2023-2028 (%)
    • Turkey - Market size and forecast 2023-2028
      • Table Chart on Turkey - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Turkey - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Turkey - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Turkey - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
      • Table Data Tables on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing construction market
      • High preference for ready-mix concrete
      • Rising demand for ready-mix concrete for non-residential application
    • Market challenges
      • Presence of stringent regulations related to raw materials of concrete
      • High operating cost of ready-mix-concrete
      • Availability of green substitutes as alternative to ready-mix-concrete
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Rapid urbanization and rising disposable income
      • Growing popularity of geopolymer cement concrete
      • Growing focus on environmental sustainability
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • ACC Ltd.
      • Table ACC Ltd. - Overview
      • Table ACC Ltd. - Business segments
      • Table ACC Ltd. - Key offerings
      • Table ACC Ltd. - Segment focus
    • Aditya Birla Management Corp. Pvt. Ltd.
      • Table Aditya Birla Management Corp. Pvt. Ltd. - Overview
      • Table Aditya Birla Management Corp. Pvt. Ltd. - Product / Service
      • Table Aditya Birla Management Corp. Pvt. Ltd. - Key offerings
    • CEMEX SAB de CV
      • Table CEMEX SAB de CV - Overview
      • Table CEMEX SAB de CV - Business segments
      • Table CEMEX SAB de CV - Key news
      • Table CEMEX SAB de CV - Key offerings
      • Table CEMEX SAB de CV - Segment focus
    • EUROCEMENT Group
      • Table EUROCEMENT Group - Overview
      • Table EUROCEMENT Group - Product / Service
      • Table EUROCEMENT Group - Key offerings
    • Godrej and Boyce Manufacturing Co. Ltd.
      • Table Godrej and Boyce Manufacturing Co. Ltd. - Overview
      • Table Godrej and Boyce Manufacturing Co. Ltd. - Business segments
      • Table Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
      • Table Godrej and Boyce Manufacturing Co. Ltd. - Segment focus
    • Heidelberg Materials AG
      • Table Heidelberg Materials AG - Overview
      • Table Heidelberg Materials AG - Business segments
      • Table Heidelberg Materials AG - Key offerings
      • Table Heidelberg Materials AG - Segment focus
    • Holcim Ltd.
      • Table Holcim Ltd. - Overview
      • Table Holcim Ltd. - Business segments
      • Table Holcim Ltd. - Key offerings
      • Table Holcim Ltd. - Segment focus
    • JSW STEEL Ltd.
      • Table JSW STEEL Ltd. - Overview
      • Table JSW STEEL Ltd. - Product / Service
      • Table JSW STEEL Ltd. - Key offerings
    • Nuvoco Vistas Corp. Ltd.
      • Table Nuvoco Vistas Corp. Ltd. - Overview
      • Table Nuvoco Vistas Corp. Ltd. - Product / Service
      • Table Nuvoco Vistas Corp. Ltd. - Key offerings
    • Prism Johnson Ltd.
      • Table Prism Johnson Ltd. - Overview
      • Table Prism Johnson Ltd. - Business segments
      • Table Prism Johnson Ltd. - Key offerings
      • Table Prism Johnson Ltd. - Segment focus
    • RDC Concrete India Pvt. Ltd.
      • Table RDC Concrete India Pvt. Ltd. - Overview
      • Table RDC Concrete India Pvt. Ltd. - Product / Service
      • Table RDC Concrete India Pvt. Ltd. - Key offerings
    • The India Cements Ltd.
      • Table The India Cements Ltd. - Overview
      • Table The India Cements Ltd. - Business segments
      • Table The India Cements Ltd. - Key offerings
      • Table The India Cements Ltd. - Segment focus
    • The Ramco Cements Ltd.
      • Table The Ramco Cements Ltd. - Overview
      • Table The Ramco Cements Ltd. - Product / Service
      • Table The Ramco Cements Ltd. - Key offerings
    • Vicat
      • Table Vicat - Overview
      • Table Vicat - Product / Service
      • Table Vicat - Key offerings
    • Votorantim SA
      • Table Votorantim SA - Overview
      • Table Votorantim SA - Product / Service
      • Table Votorantim SA - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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