Ready-Mix Concrete Market With Covid-19 Impact and Market Size, Share, Growth Factors, Competitive Landscape and Regional Forecast 2031

New York, Global Ready-Mix Concrete Market report from Global Insight Services is the single authoritative source of intelligence on Ready-Mix Concrete Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Ready-mix concrete is concrete that is manufactured in a factory or batching plant, according to a set recipe, and then delivered to a work site, by truck mounted in transit mixers. This results in a precise mixture, allowing specialty concrete mixtures to be developed and implemented on construction sites. The first ready-mixed concrete plant was built in 1933.

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Key Trends

There are several key trends in ready-mix concrete technology that are worth mentioning. One is the trend towards using alternative materials such as fly ash, slag, and other industrial byproducts. This is being driven by environmental concerns as well as the need to find more cost-effective solutions.

Another key trend is the move towards more automated and computerized production processes. This includes the use of sensors and other control devices to monitor the mixing process and ensure that the final product meets specifications.

Finally, there is a trend towards developing new and improved admixtures and additives. This is being driven by the need to improve the performance of concrete in a variety of applications.

Key Drivers

The key drivers of the ready-mix concrete market are increasing construction activities, infrastructural development, and industrialization. The other drivers include the rise in population and urbanization, which have resulted in the increased demand for residential and commercial buildings. Additionally, government initiatives for the development of smart cities and housing projects are expected to drive the market for ready-mix concrete.

The construction industry is growing at a rapid pace globally, due to the increasing infrastructural development and industrialization. This is one of the major drivers for the ready-mix concrete market. The other drivers include the rise in population and urbanization, which have resulted in the increased demand for residential and commercial buildings. Additionally, the government initiatives for the development of smart cities and housing projects are expected to drive the market for ready-mix concrete.

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Key Market Segments

The ready-mix concrete market bifurcated on the basis of type, application, mixer type, and region. On the basis of type, it is segmented into transit mix concrete, central mix concrete, and shrink mix concrete. By application, it is divided into up to commercial & infrastructure, residential, and industrial. By mixer type, it is analyzed across volumetric and barrel truck/in-transit mixer. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Market Players

The ready-mix concrete market report includes players such as ACC Limited, Barney & Dickenson, Inc., CEMEX S.A.B. de C.V., CRH plc, HEIDELBERGCEMENT AG, Holcim Ltd., SIKA group, UltraTech Cement Ltd., Vicat SA, and Vulcan Materials Company.

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