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Growing Demand For Infrastructure Maintenance Boosts Ready-Mix Concrete Market: Strategic Insights Driving Ready Mix Concrete Market Momentum in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Ready Mix Concrete Market Size By 2025?
In recent times, there has been robust growth in the ready mix concrete market size. The market, which was valued at $874.38 billion in 2024, is anticipated to expand to $930.86 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.5%. This significant rise during the historical period can be credited to factors such as population growth, upsurge in residential construction activities, rise in demand for high-performance concrete, and an upward trend in the use of recycled materials.
How Big Is the Ready Mix Concrete Market Size Expected to Grow by 2029?
In the coming years, the ready mix concrete market size is touted to experience substantial growth, eventually ballooning to $1228.31 billion in 2029 with a compound annual growth rate (CAGR) of 7.2%. This predicted growth during the forecast period can be traced back to several factors; an upsurge in the demand for eco-friendly and sustainable construction materials, increased desire for self-consolidating concrete, rising government investments, and an expanding awareness of the advantages inherent to ready-mix concrete and a surging demand for bespoke concrete. The market projection also sees significant trends during the forecast period, including technology advancements and automation within the industry.
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Which Key Market Drivers Powering Ready Mix Concrete Market Expansion and Growth?
The escalating need for infrastructure upkeep and repair work is predicted to boost the expansion of the ready-mix concrete market. Infrastructure maintenance and repair involve construction, upkeep, or restoration of amenities like irrigation systems, roads, buildings, fences, and walls, among other things. Ready-mix concrete aids in infrastructure preservation by restoring and renovating structures, roads, and bridges. It is often employed to fix cracked concrete entities, fill in potholes, and rehabilitate damaged concrete surfaces. For instance, as per the UK's Department for Business, Energy and Industrial Strategy, the quarterly construction production in the UK saw a 0.3% rise in Quarter 4 of 2022 (Oct to Dec) as compared to Quarter 3 of 2022 (July to Sept). This included hikes in both, new projects (0.4% increase) and repair and maintenance work (0.1% increase). Moreover, the annual construction production in 2022 observed a 5.6% surge compared to 2021. Therefore, the rising demand for infrastructure maintenance and repairs is fuelling the growth of the ready-mix concrete market.
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Which Emerging Trends Are Transforming the Ready Mix Concrete Market in 2025?
Leading firms in the ready-mix concrete industry are focusing on product innovation, for example, the introduction of pre-blended mixtures, to maintain their market position. A pre-blended mixture is an advance amalgamation of several constituents, effectively creating a sole ingredient. ACC Limited, an Indian cement and ready-mixed concrete production company, for instance, came out with Bagcrete, an inventive concrete solution and pre-blended mixture of cement, sand, and aggregates, in March 2023. Its design concentrates on delivering compressive strength (10 MPa to 80 MPa), preservation of workability and ease of insertion. With its packaged form, it can be conveniently transported, increasing efficiency, making it desirable for distant work locations and maintenance works. Bagcrete has two styles: dry-mix and wet-mix. The dry mix is a pre-blended concrete that only needs water to be ready for use, while the wet-mix is pre-mixed concrete that's ready to use without needing any further mixing.
What Are the Emerging Segments in the Ready Mix Concrete Market?
The ready mix concrete market covered in this report is segmented -
1) By Type: Transit Mix Concrete, Central Mix Concrete, Shrink Mix Concrete
2) By Mixer Type: Volumetric, Barrel Truck Or In-Transit Mixer
3) By Delivery Model: On-Site, Off-Site
4) By Application: Commercial, Residential, Infrastructure, Industrial Utilities
Subsegments:
1) By Transit Mix Concrete: Standard Transit Mix, High-Strength Transit Mix, Lightweight Transit Mix
2) By Central Mix Concrete: Dry Batch Central Mix, Wet Batch Central Mix
3) By Shrink Mix Concrete: Shrink-Mixed Concrete for Pavements, Shrink-Mixed Concrete For Structures
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Who Are the Global Leaders in the Ready Mix Concrete Market?
Major companies operating in the ready mix concrete market are Holcim Group, Heidelberg Cement AG, CEMEX S.A.B. de C.V, UltraTech Cement Ltd., Vulcan Materials Co., Martin Marietta Materials Inc., CRH PLC, Cementir Holding NV, Argos SA, Titan America LLC, Thomas Concrete Group, Buzzi Unicem SpA, Ash Grove Cement Company, Irving Materials Inc., R.W. Sidley Inc., CalPortland Company, Prairie Material, Ozinga Bros Inc., BuzziUnicem S.p.A, Chaney Enterprises LP, St. Marys Cement Group, Maschmeyer Concrete Company, Don Chapin Co., Norwalk Concrete Industries Inc., Leesburg Concrete Company.
Which are the Top Profitable Regional Markets for the Ready Mix Concrete Industry?
Asia-Pacific was the largest region in the ready-mix concrete market in 2024. The regions covered in ready mixed concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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