Global Ready Mix Concrete Market Growth 2023-2029

Global Ready Mix Concrete Market Growth 2023-2029

This report studies the Ready Mix Concrete (RMC) market; Ready Mix Concrete is a ready-to-use material which is a mixture of Cement, Sand, Aggregate and Water. RMC is a type of Concrete which is mixed in a batching plant according to the specification of the customer and delivered to the site by the use of transit mixer as it is away from the construction site.

Use of ready mix concrete in the construction industry aids in saving time and less hustle at the construction site. Ready-mix concrete is not manufactured at the construction site, however it is transported from that spot to the construction project within a certain a period of time, depending on the technique of preparation. Ready-mix concrete is used in residential, commercial and infrastructural construction.

Ready Mix Concrete is being preferred over traditional concrete owing to ease of use, greater convenience, economy, and better quality. Furthermore, wastage reduction, low inventory costs, and efficient utilization will lead to the lowering of the overall project expenditures which in turn will augment the product demand over the upcoming years.

In this report, the M Cbm means million cubic meters, which is the unit of product volume, and M USD means the million USD dollars.

LPI (LP Information)' newest research report, the “Ready Mix Concrete Industry Forecast” looks at past sales and reviews total world Ready Mix Concrete sales in 2022, providing a comprehensive analysis by region and market sector of projected Ready Mix Concrete sales for 2023 through 2029. With Ready Mix Concrete sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ready Mix Concrete industry.

This Insight Report provides a comprehensive analysis of the global Ready Mix Concrete landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ready Mix Concrete portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ready Mix Concrete market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ready Mix Concrete and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ready Mix Concrete.

The global Ready Mix Concrete market size is projected to grow from US$ 468160 million in 2022 to US$ 764720 million in 2029; it is expected to grow at a CAGR of 764720 from 2023 to 2029.

Currently, there are so many producing companies in the world. The main market players are LafargeHolcim, Cemex, HeidelbergCement, China National Building Material Company Limited, CRH Plc, China West Construction Group Co., Ltd, US Concrete, Buzzi Unicem, Siam Cement Group, Votorantim, BBMG Corporation, China Resources Cement Limited, Cimpor and Shanghai Construction Group (SCG), etc, with about 8% market shares.

China is the largest Production of Ready Mix Concrete, with a Production market share nearly 33%.

Ready Mix Concrete used in industry including Residential Use, Commercial Use, Infrastructure Use and Industrial Use. Report data showed that 33% of the Ready Mix Concrete market demand in Residential Use, 22% in Commercial Use, and 28% in Infrastructure Use.

There are three kinds’ productions constituting the Ready Mix Concrete, which are Transit Mixed Concrete, Shrink Mixed Concrete and Central Mixed Concrete. Central Mixed Concrete is important in the Ready Mix Concrete, with a production market share nearly 39%.

This report presents a comprehensive overview, market shares, and growth opportunities of Ready Mix Concrete market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Transit Mixed Concrete

Shrink Mixed Concrete

Central Mixed Concrete

Segmentation by application

Residential Use

Commercial Use

Infrastructure Use

Industrial Use

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

LafargeHolcim

Cemex

HeidelbergCement

China National Building Material Company Limited

CRH Plc

China West Construction Group Co., Ltd

US Concrete

Buzzi Unicem

Siam Cement Group

Votorantim

BBMG Corporation

China Resources Cement Limited

Cimpor

Shanghai Construction Group (SCG)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ready Mix Concrete market?

What factors are driving Ready Mix Concrete market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ready Mix Concrete market opportunities vary by end market size?

How does Ready Mix Concrete break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.