Ready Mix Concrete Market 2020 SWOT Analysis and Key Business Strategies by Leading Players - CEMEX S.A.B. de C.V., LafargeHolcim, Heidelberg Cement AG., UltraTech Cement Ltd

The Ready Mix Concrete Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.

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Key Market Trends

Increasing Demand from Non-Residential Segment

- Non-residential is segmented into infrastructure, commercial, and industrial/ institutional
- Infrastructure development, such as the construction of highways, a makeover of airports, and construction of dams in developing economies, coupled with the growing trend of urbanization, is one of the significant factors propelling market growth for ready-mix concrete.
- An increasing number of big infrastructure projects are propelling the growth of the market studied, owing to its high quality and ease of use. The time constraints in infrastructure development projects across urban areas are creating huge demand for readymade concrete mixes.
- Furthermore, since ages, concrete has been the first choice of contractors for commercial development of buildings and if it is a large-scale concrete structure, the ready-mix is the ultimate choice. Construction units, like office spaces, retail, hotels, and entertainment centers are the growth wagons for the market studied in commercial buildings application.
- Asia-Pacific has been a thriving market for office spaces in recent years. Demand for office spaces in India has been growing rapidly for many years. The country has been receiving significant interest from foreign investors in the commercial sector
- Owing to the aforementioned developments and investments, the use of ready-mix in the industrial/institutional application segment is expected to rise globally, during the forecast period.

Asia-Pacific Region Market to Dominate the Market

- Asia-Pacific dominated the market with China and India being the major consumers of the market studied.
- The Chinese residential housing sector is experiencing a drop-in growth. Nearly 22% of the Chinese urban house stocking is expected to be empty. These include unsold properties and apartments brought by entrepreneurs and speculators, who have no intention of living in them but to hold them as an investment property.
- As a result, a decline in the construction and rise in the taxes are expected to occur in the Chinese construction sector in the upcoming years, which can have a negative impact on the demand for the consumption of ready-mix concrete in the country.
- Infrastructure and highway expansion are a key part of China's 13th Five Year Plan. In the present scenario the government is taking initiatives, which involves two types of road networks that include a tolled expressway with low tariff and another without toll.
- Also, In India, it is being preferred in the residential construction sector, owing to the advantages, such as savings in labor requirements and supervision costs, faster construction, and uniform, consistent, and assured quality of concrete.
- Demand for residential housing in India has rushed due to increased urbanization and rising household income. Also, the Indian Government has allowed FDI of up to 100% for settlements development and townships projects. This, in turn, is projected to increase the residential housing construction in the country.
- Thus, owing to such factors, the demand for ready-mix concrete is expected to remain high during the forecast period.

Competitive Landscape

The global ready-mix concrete market is consolidated and dominated by the top five players, accounting for an estimated market share of almost 50% in the overall market revenue. Key players include CEMEX S.A.B. de C.V., LafargeHolcim, Heidelberg Cement AG., UltraTech Cement Ltd., BuzziUnicem S.p.A., among others.

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Latest Industry News:

Jan 8, 2020 - CEMEX, S.A.B. de C.V. ("CEMEX") (NYSE: CX) announced today that one of its subsidiaries has signed an agreement for the sale of certain assets in the United Kingdom to Breedon Group (Breedon), for a total consideration of approximately U.S.$235 million, which includes approximately U.S.$31 million of debt.

July 9, 2019 - LafargeHolcim upgrades its production fleet for the future. Targeting a global network of over 270 integrated cement plants and grinding stations across more than 50 countries the company will be utilizing Automation Technologies and Robotics, Artificial Intelligence, Predictive Maintenance and Digital Twin Technologies for its entire production process. This four year program makes the "Plants of Tomorrow" Initiative one of the largest roll-outs of Industry 4.0 technologies in the building materials industry.

Important Sections from the Table of Contents:
o Global Ready Mix Concrete Market Overview
o Economic Impact on Industry
o Market Competition by Manufacturers
o Production, Revenue (Value) by Region
o Supply (Production), Consumption, Export, Import by Regions
o Production, Revenue (Value), Price Trend by Type
o Market Analysis by Application
o Manufacturing Cost Analysis
o Industrial Chain, Sourcing Strategy and Downstream Buyers
o Marketing Strategy Analysis, Distributors/Traders
o Market Effect Factors Analysis
o Global Ready Mix Concrete Market Forecast

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, Ready Mix Concrete Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Ready Mix Concrete industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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