Concrete Materials Market 2023 - Potential Growth Segments, Revenue Analysis, Future Trends, Recent Developments, Opportunities, Challenges And Industry Demand || CEMEX S.A.B. de C.V., CRH Plc., Heidelbergcement AG, Holcim Group

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Concrete Materials Market Size, Growth Rate, And Forecast

The global concrete materials market size is expected to grow from $305.72 billion in 2022 to $314.85 billion in 2023 at a compound annual growth rate (CAGR) of 3.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global concrete materials market size is expected to grow to $350.29 billion in 2027 at a CAGR of 2.7%.

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Concrete Materials Market Drivers

The development of the construction sector is expected to propel the growth of the concrete materials market in the coming future. Construction industry refers to the area of manufacturing and trade concerned with building, renovating, restoring, and maintaining infrastructure. The characteristics of concrete materials such as high strength, unit weight, durability, cost-effective, inertness, and versatility make it a more suitable material for the construction of dams, residential buildings, commercial buildings, roads, driveways, marine construction, culverts and sewers, and foundations.

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Concrete Materials Market Segments

• By Concrete Type: Ready-mix concrete, Precast products, Precast elements

• By Application: Reinforced concrete, Non-reinforced concrete

• By End-User Industry: Roads and Highways, Tunnels, Residential Buildings, Non-Residential Buildings, Dams and Power Plants, Mining, Other End-User Industries

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the concrete materials market.

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Concrete Materials Market Key Players
Major competitors in the concrete materials market are CEMEX S.A.B. de C.V., CRH Plc., Heidelbergcement AG, Holcim Group, Shay Murtagh Precast Ltd., Sika AG, Weckenmann Anlagentechnik GmbH and Co KG, Laing O Rourke PPC Ltd., Forterra Plc., Cementir Holding S.p.A., Vicat SA, Adbri Limited, Broco Aerated Concrete Industry PT.

The Business Research Company's "Global Concrete Materials Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Concrete Materials Market Include:
1. Executive Summary
2. Concrete Materials Market Characteristics
3. Concrete Materials Market Trends And Strategies
4. Concrete Materials Market - Macro Economic Scenario
5. Concrete Materials Market Size And Growth
………………
27. Concrete Materials Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Concrete Materials Market
29. Concrete Materials Market Future Outlook and Potential Analysis
30. Appendix

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