Product Code: PM4063
The global ready-mix concrete market size is expected to reach USD 965.87 billion by 2032, according to a new study by Polaris Market Research. The report "Ready-Mix Concrete Market Share, Size, Trends, Industry Analysis Report, By Type (Transit Mixed Concrete, Shrink Mixed Concrete, Central Mixed Concrete, Hybrid Riser, Others); By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market has experienced significant growth due to the construction industry. Ready-mix concrete is a mixture produced in a batch plant and delivered to the construction site in a ready-to-use form. It offers several advantages, such as high quality, consistency, and convenience, making it a preferred choice for many construction projects.
The increasing demand for versatile building materials and the growing focus on strong and durable construction practices. With rapid population growth and urbanization, there is a rising need for housing, infrastructure, and social services. Ready-mix concrete provides a solution that meets the highest standards and ensures uniform quality, making it ideal for meeting the construction needs of growing urban areas.
Environmental considerations also contribute to the growth of the ready-mix concrete market. As sustainability becomes increasingly important in the construction industry, ready-mix concrete offers advantages such as reduced waste, lower energy consumption, and minimized carbon emissions compared to traditional on-site mixing methods.
The construction industry has been experiencing significant growth due to overall economic growth and urbanization. As populations grow and cities expand, there is a rising need for housing, infrastructure, and commercial spaces, which drives the demand for construction activities. The increased focus on sustainable construction practices. There is a growing awareness of the environmental impact of construction activities, leading to a shift towards green building and sustainable materials. This includes using energy-efficient systems, renewable energy sources, and environmentally friendly building materials. The demand for sustainable construction practices is driven by government regulations, cost savings in the long run, and the desire to reduce carbon footprints.
Furthermore, technological advancements have played a significant role in driving growth in the construction industry. Innovations such as Building Information Modeling (BIM), prefabrication, modular construction, and advanced construction machinery have improved efficiency, productivity, and safety in construction projects. These technologies enable faster project completion, better cost management, and improved quality control, attracting more investments in the industry.
Ready-Mix Concrete Market Report Highlights
Transit mixed concrete segment holds the highest revenue shares of the market due to its flexibility, convenience, improved quality control, time efficiency, and reduced risk of segregation.
The residential segment accounted for the highest revenue shares of the market in 2022. Due to increasing demand for single-family houses in the Asia Pacific and European countries, driven by rising population and disposable income levels
Asia Pacific region dominated the market due to demand from developing economies such as China, India, and South Korea, with China standing out as a major producer due to abundant raw materials and a growing population.
The global key market players include: ACC Limited, Barney & Dickenson Inc., Buzzi Unicem S.p.A., CEMEX S.A.B. de C.V., CRH plc, Hanson Cement Ltd., HEIDELBERGCEMENT AG, Holcim Ltd., Italcementi Group, Lafarge, LafargeHolcim, and R.W. Sidley Inc.
Polaris Market Research has segmented the Ready-Mix Concrete market report based on type, application, and region:
Ready-Mix Concrete, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Transit Mixed Concrete
- Shrink Mixed Concrete
- Central Mixed Concrete
- Hybrid Riser
- Others
Ready-Mix Concrete, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Commercial
- Infrastructure
- Residential
- Industrial
- Others
Ready-Mix Concrete, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Ready-Mix Concrete Market Insights
- 4.1. Ready-Mix Concrete Market - Industry Snapshot
- 4.2. Ready-Mix Concrete Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rise in Demand for Sustainable Construction Practices
- 4.2.1.2. Growth of the construction industry
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High initial cost
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Ready-Mix Concrete Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Ready-Mix Concrete Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Ready-Mix Concrete, by Type, 2019-2032 (USD Billion)
- 5.3. Transit Mixed Concrete
- 5.3.1. Global Ready-Mix Concrete Market, by Transit Mixed Concrete, by Region, 2019-2032 (USD Billion)
- 5.4. Shrink Mixed Concrete
- 5.4.1. Global Ready-Mix Concrete Market, by Shrink Mixed Concrete, by Region, 2019-2032 (USD Billion)
- 5.5. Central Mixed Concrete
- 5.5.1. Global Ready-Mix Concrete Market, by Central Mixed Concrete, by Region, 2019-2032 (USD Billion)
- 5.6. Hybrid Riser
- 5.6.1. Global Ready-Mix Concrete Market, by Hybrid Riser, by Region, 2019-2032 (USD Billion)
- 5.7. Others
- 5.7.1. Global Ready-Mix Concrete Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Ready-Mix Concrete Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 6.3. Commercial
- 6.3.1. Global Ready-Mix Concrete Market, by Commercial, by Region, 2019-2032 (USD Billion)
- 6.4. Infrastructure
- 6.4.1. Global Ready-Mix Concrete Market, by Infrastructure, by Region, 2019-2032 (USD Billion)
- 6.5. Residential
- 6.5.1. Global Ready-Mix Concrete Market, by Residential, by Region, 2019-2032 (USD Billion)
- 6.6. Industrial
- 6.6.1. Global Ready-Mix Concrete Market, by Industrial, by Region, 2019-2032 (USD Billion)
- 6.7. Others
- 6.7.1. Global Ready-Mix Concrete Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Ready-Mix Concrete Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Ready-Mix Concrete Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Ready-Mix Concrete Market - North America
- 7.3.1. North America: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.3.2. North America: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.3.3. Ready-Mix Concrete Market - U.S.
- 7.3.3.1. U.S.: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.3.4. Ready-Mix Concrete Market - Canada
- 7.3.4.1. Canada: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.4. Ready-Mix Concrete Market - Europe
- 7.4.1. Europe: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.4.2. Europe: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.4.3. Ready-Mix Concrete Market - UK
- 7.4.3.1. UK: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.4.4. Ready-Mix Concrete Market - France
- 7.4.4.1. France: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.4.4.2. France: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.4.5. Ready-Mix Concrete Market - Germany
- 7.4.5.1. Germany: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.4.6. Ready-Mix Concrete Market - Italy
- 7.4.6.1. Italy: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.4.7. Ready-Mix Concrete Market - Spain
- 7.4.7.1. Spain: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.4.8. Ready-Mix Concrete Market - Netherlands
- 7.4.8.1. Netherlands: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.4.9. Ready-Mix Concrete Market - Russia
- 7.4.9.1. Russia: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.5. Ready-Mix Concrete Market - Asia Pacific
- 7.5.1. Asia Pacific: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.5.3. Ready-Mix Concrete Market - China
- 7.5.3.1. China: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.5.3.2. China: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.5.4. Ready-Mix Concrete Market - India
- 7.5.4.1. India: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.5.4.2. India: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.5.5. Ready-Mix Concrete Market - Malaysia
- 7.5.5.1. Malaysia: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.5.6. Ready-Mix Concrete Market - Japan
- 7.5.6.1. Japan: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.5.7. Ready-Mix Concrete Market - Indonesia
- 7.5.7.1. Indonesia: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.5.8. Ready-Mix Concrete Market - South Korea
- 7.5.8.1. South Korea: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.6. Ready-Mix Concrete Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.6.3. Ready-Mix Concrete Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.6.4. Ready-Mix Concrete Market - UAE
- 7.6.4.1. UAE: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.6.5. Ready-Mix Concrete Market - Israel
- 7.6.5.1. Israel: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.6.6. Ready-Mix Concrete Market - South Africa
- 7.6.6.1. South Africa: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.7. Ready-Mix Concrete Market - Latin America
- 7.7.1. Latin America: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.7.3. Ready-Mix Concrete Market - Mexico
- 7.7.3.1. Mexico: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.7.4. Ready-Mix Concrete Market - Brazil
- 7.7.4.1. Brazil: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
- 7.7.5. Ready-Mix Concrete Market - Argentina
- 7.7.5.1. Argentina: Ready-Mix Concrete Market, by Application, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Ready-Mix Concrete Market, by Type, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. ACC Limited
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Barney & Dickenson Inc.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Buzzi Unicem S.p.A.
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. CEMEX S.A.B. de C.V.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. CRH plc
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Hanson Cement Ltd.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. HEIDELBERGCEMENT AG
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Holcim Ltd.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Italcementi Group
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Lafarge
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. LafargeHolcim
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. R.W. Sidley Inc.
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. SIKA group
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
- 9.14. UltraTech Cement Limited
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development
- 9.15. Vicat SA
- 9.15.1. Company Overview
- 9.15.2. Financial Performance
- 9.15.3. Product Benchmarking
- 9.15.4. Recent Development
- 9.16. Vulcan Materials Company
- 9.16.1. Company Overview
- 9.16.2. Financial Performance
- 9.16.3. Product Benchmarking
- 9.16.4. Recent Development