Press release
Concrete Materials Market Outlook and Overview 2024-2033
Concrete Materials Market Outlook
According to The Business Research Company's, The concrete materials market size has grown steadily in recent years. It will grow from $306.09 billion in 2023 to $316.78 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to regulatory standards and building codes, innovations in cement formulations, adoption of reinforced concrete, environmental concerns and sustainability, advancements in mixing..
The concrete materials market size is expected to see steady growth in the next few years. It will grow to $364 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to global economic conditions, emerging market trends, urbanization and infrastructure development, construction industry growth, investments in r&d.. Major trends in the forecast period include innovative additives and admixtures, green concrete solutions, digitalization in construction, infrastructure development, prefabrication and modular construction..
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/concrete-materials-global-market-report
Market Drivers and Trends:
The development of the construction sector is expected to propel the growth of the concrete materials market in the coming future. The 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. For instance, according to the Office for National Statistics, the administrative office of the United Kingdom Statistics Authority, in 2021, the annual construction sector rose by a record 12.7% compared to the previous year. In December 2021, the volume of monthly construction output climbed by 2.0%, this was entirely due to a rise in new work (3.5%). In addition to the monthly rise, the construction industry's quarterly production climbed by 1.0% in Q4 2021 compared to Q3. This increase was driven by both new work (1.1%) and repair and maintenance (0.8%). Therefore, the development of the construction sector is driving the growth of the concrete materials market.
Product innovation is a key trend gaining popularity in the concrete materials market going forward. Major companies operating in the concrete materials market are focused on developing innovative products to strengthen their position in the market. For instance, in May 2023, Associated Cement Companies Limited, an India-based cement industry launched Bagcrete. Bagcrete is a pre-blended concrete solution that is intended to be simple to use and hassle-free for a variety of construction needs. The final product is a stronger, more durable concrete mix that is formed by producing a proportionate balance of premium components to ensure uniform quality. There are two functional forms of the product available such as dry-mix and wet-mix. whereas the wet-mix is pre-mixed and immediately usable concrete that doesn't need to be further mixed before use, the dry-mix is pre-blended concrete that may be used immediately with just the addition of water. The product is particularly useful in locations with limited water sources or where traditional concrete mixing processes are unfeasible. It is perfect for construction jobs that call for a quick and efficient application method.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=9333&type=smp
Major Key Players of the Market:
CEMEX S.A.B. de C.V.; CRH plc; HeidelbergCement AG; LafargeHolcim Group; Shay Murtagh Precast; Weckenmann Anlagentechnik GmbH & Co. KG; Laing O'Rourke PPC Ltd.; Forterra plc; Cementir Holding S.p.A.; Vicat SA; Adelaide Brighton Limited; Broco Aerated Concrete Industry PT; JSW Cement Ltd.; R.W. Sidley Inc.; Saint-Gobain; QUIKRETE Holdings Inc.; Xella Group; ACC Limited; UltraTech Cement Limited; Buzzi Unicem S.p.A.; China National Building Material Company Limited; Sumitomo Osaka Cement Co. Ltd.; Martin Marietta Materials Inc.; Vulcan Materials Company; A & A Concrete Supply; National Cement Company; Oldcastle Inc.; Eagle Materials Inc; Titan Cement Company Inc; Taiheiyo Cement Corporation
Concrete Materials Market 2024 Key Insights:
• The concrete materials market will grow to $364 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%.
• Construction Sector Boom Fuels Robust Growth In The Concrete Materials Market
• Growing Emphasis On Pre-Blended Concrete For Hassle-Free Construction
• Asia-Pacific was the largest region in the concrete materials market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=9333&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
"""Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide."
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Concrete Materials Market Outlook and Overview 2024-2033 here
News-ID: 3772645 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Material
Firestop Material Market
LOS ANGELES, United States: The global Firestop Material market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Firestop Material market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
New Material Direction for Electric Toothbrushes - Si-TPV Soft Over Molded Mater …
When it comes to factors such as consumer experience or ergonomics, Si-TPV Soft Over Molded Material has had a huge impact on the improvement of various products such as electric toothbrushes, etc. Si-TPV is a Silicone Combine TPU developed and produced by SILIKE, a Thermoplastic Elastomer Manufacturer (Thermoplastic Elastomer Suppliers). Si-TPV material adopts Innovative Soft Slip Technology and Sustainable Overmolding Techniques, which can be used to make Stain Resistance Soft…
A new light on a misjudged material - Plastic waste: material for art
Used plastic bottles are not waste, but a valuable resource. They can be reprocessed in a variety of ways and transformed into new products or fresh energy. And into art. This is exactly what Ve-ronika Richterová does. The Czech artist creates fascinating sculp-tures made out of old PET bottles.
Plastic has inspired artists from the very beginning. The reason: plas-tic meets almost all technical and aesthetic requirements. It is a uni-versal…
Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.…
The Future of Smart Material Market Runs Through the Material Industry
Smart Materials Market is expected to garner $72.63 billion by 2022, registering a CAGR of 14.9% during the forecast period 2016-2022. Smart materials are adaptive or intelligent materials which pose intrinsic and extrinsic capabilities. These can be altered by external stimuli, such as moisture, temperature, electromagnetic field, and pressure to obtain the desired functional effects. In addition, these materials are dynamic in nature and respond to their immediate interaction environments…
Global Regenerative Artificial Skin Sales Market Research Report 2017 (Temporary …
The report "Global Regenerative Artificial Skin Sales Market Report 2017", has been prepared based on an in-depth market analysis with inputs from industry experts.
This report studies sales (consumption) of Regenerative Artificial Skin in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
Integra Life Sciences Corporation
Mylan N.V
Johnson & Johnson…
