Press release
Ready Mix Concrete Market Size is Expected to Reach USD 1,536.7 billion, Trends, Growth Statistics, Demands and Business Opportunities till Forecast 2029
Ready Mix Concrete Market Overview:Ready-mix concrete (RMC) is a mixture of water, supplementary materials, aggregates, and cement in defined proportions. These respective ingredients are mixed in proportion in accordance with standard codes to get the targeted durability and strength. The ready-mix concrete is popular as compared to normal concrete due to the factors, such as convenience, ease of use, and better quality. The ready-mix concrete is primarily used in construction of residential & commercial buildings, manufacturing facilities, and roads.
The global Ready Mix Concrete market size was valued at USD 725.32 billion in 2020, and is projected to reach USD 1,536.7 billion in 2029, growing at a CAGR 8.69% during the forecast period 2022-2029.
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Ready Mix Concrete Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are ACC Limited, Barney & Dickenson Inc, CEMEX S.A.B. de C.V., CRH, HEIDELBERGCEMENT, Dillon Bros Concrete LLC, LafargeHolcim, LIVINGSTON'S CONCRETE SERVICE, INC., Martin Marietta, RISM JOHNSON LIMITED, R. W. Sidley, Inc., U.S. Concrete, Vicat, Vulcan Materi and Others
Recent Development
In February 2021, ACC Limited introduced low carbon concrete, under the brand name ECOPact, green concrete for sustainable, high-performing, and circular construction. This product innovation is intended to cater to the growing demand for green construction in India.
In February 2019, LafargeHolcim was awarded with a major long-term contract of nearly US$ 125 Mn as a part of the Grand Paris Express (GPE) project.
In June 2017, Martin Marietta, Inc. announced the acquisition of one of the prominent aggregate suppliers based in the U.S. - Bluegrass Materials Company.
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Ready Mix Concrete Market Segmentation:
Ready Mix Concrete Market by Type, 2020-2029, (USD Million) (Kilotons)
Transit Mix Concrete
Central Mix Concrete
Shrink Mix Concrete
Ready Mix Concrete Market by Application, 2020-2029, (USD Million) (Kilotons)
Commercial & Infrastructure
Residential
Industrial
Growth Factors:
Increasing demand from the Ready Mix Concrete industries
The growing use of Ready Mix Concrete in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Ready Mix Concrete Market
Ready Mix Concrete Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Ready Mix Concrete Market Trends
- The report identifies, determines, and forecasts the Global Ready Mix Concrete Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Ready Mix Concrete Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Ready Mix Concrete Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Ready Mix Concrete Market.
Frequently Asked Questions
What is the study period of this market?
What is the growth rate of India Ready-Mix Concrete Market?
What is India Ready-Mix Concrete Market size in 2016?
Who are the key players in India Ready-Mix Concrete Market?
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