Ready Mix Concrete Market in India 2022-2026

Ready Mix Concrete Market in India 2022-2026

Technavio has been monitoring the ready mix concrete market in India and it is poised to grow by $ 1.47 bn during 2022-2026, progressing at a CAGR of 6.15% during the forecast period. Our report on the ready mix concrete market in India 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, latest trends and drivers, and the overall market environment. The market is driven by the high preference for ready mix concrete and increasing demand for ready mix concrete in non-residential applications. In addition, the high preference for ready mix concrete is anticipated to boost the growth of the market as well.

The ready mix concrete market in India analysis includes product and application segments.

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

By Product

  • Transit mixed concrete
  • Shrink mixed concrete
By Application
  • Non-residential
  • Residential
This study identifies the growth of construction sectoras one of the prime reasons driving the ready mix concrete market growth in India during the next few years.

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 ready mix concrete market in India covers the following areas:
  • Ready mix concrete market sizing
  • Ready mix concrete market forecast
  • Ready mix concrete market industry analysis
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 ready mix concrete market vendors in India that include ACC Ltd., Godrej and Boyce Manufacturing Co. Ltd., India Cements Ltd., JK Lakshmi Cement Ltd., JSW Cement Ltd., Nuvoco Vistas Corp. Ltd., Prism Johnson Ltd., RDC Concrete (India) Pvt. Ltd., The Ramco Cements Ltd., and UltraTech Cement Ltd. Also, the ready mix concrete market in India 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 the accurate market growth.

Companies Mentioned

ACC Ltd., Godrej and Boyce Manufacturing Co. Ltd., India Cements Ltd., JK Lakshmi Cement Ltd., JSW Cement Ltd., Nuvoco Vistas Corp. Ltd., Prism Johnson Ltd., RDC Concrete (India) Pvt. Ltd., The Ramco Cements Ltd., UltraTech Cement Ltd.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Parent Market
        • Table Parent market
        • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis : Construction materials
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Service
      • Support activities
      • Innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table India - Market size and forecast 2021 - 2026 ($ million)
        • Table India market: Year-over-year growth 2021 - 2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2021 & 2026
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2021
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2021-2026 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Transit mixed concrete - Market size and forecast 2021- 2026
      • Table Transit mixed concrete - Market size and forecast 2021-2026 ($ million)
      • Table Transit mixed concrete - Year-over-year growth 2021-2026 (%)
    • Shrink mixed concrete - Market size and forecast 2021- 2026
      • Table Shrink mixed concrete - Market size and forecast 2021-2026 ($ million)
      • Table Shrink mixed concrete - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2021-2026 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Non-residential - Market size and forecast 2021-2026
      • Table Non-residential - Market size and forecast 2021-2026 ($ million)
      • Table Non-residential - Year-over-year growth 2021-2026 (%)
    • Residential - Market size and forecast 2021-2026
      • Table Residential - Market size and forecast 2021-2026 ($ million)
      • Table Residential - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Customer landscape
    • Table Customer landscape
  • Drivers, Challenges, and Trends
    • Market drivers
      • High preference for ready mix concrete
      • Increasing demand for ready mix concrete in non-residential applications
    • Market challenges
      • High operating cost
      • Large number of substitutes for ready mix concrete
        • Table Impact of drivers and challenges
    • Market trends
      • Growing popularity of geopolymer cement concrete
      • Rapid urbanization and rising disposable income
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ACC Ltd.
      • Table ACC Ltd. –Overview
      • Table ACC Ltd. - Business segments
      • Table ACC Ltd. - Key offerings
      • Table ACC Ltd. - Segment focus
    • 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
    • India Cements Ltd.
      • Table India Cements Ltd. –Overview
      • Table India Cements Ltd. - Business segments
      • Table India Cements Ltd. - Key offerings
      • Table India Cements Ltd. - Segment focus
    • JK Lakshmi Cement Ltd.
      • Table JK Lakshmi Cement Ltd. –Overview
      • Table JK Lakshmi Cement Ltd. - Business segments
      • Table JK Lakshmi Cement Ltd. - Key offerings
    • JSW Cement Ltd.
      • Table JSW Cement Ltd. –Overview
      • Table JSW Cement Ltd. - Product and service
      • Table JSW Cement Ltd. - Key offerings
    • Nuvoco Vistas Corp. Ltd.
      • Table Nuvoco Vistas Corp. Ltd. –Overview
      • Table Nuvoco Vistas Corp. Ltd. - Business segments
      • 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 and service
      • Table RDC Concrete (India) Pvt. Ltd. - Key offerings
    • The Ramco Cements Ltd.
      • Table The Ramco Cements Ltd. –Overview
      • Table The Ramco Cements Ltd. - Business segments
      • Table The Ramco Cements Ltd. - Key offerings
    • UltraTech Cement Ltd.
      • Table UltraTech Cement Ltd. –Overview
      • Table UltraTech Cement Ltd. - Product and service
      • Table UltraTech Cement Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • 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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