Market Research Logo

Ready-Mix Concrete Market Size And Forecast By Application (Commercial Building, Residential Building, Infrastructure, Industrial Utilities), By Region (North America, Europe, Asia Pacific, Latin America, MEA) And Trend Analysis From 2013 To 2024

Ready-Mix Concrete Market Size And Forecast By Application (Commercial Building, Residential Building, Infrastructure, Industrial Utilities), By Region (North America, Europe, Asia Pacific, Latin America, MEA) And Trend Analysis From 2013 To 2024

The global ready-mix concrete market is expected to reach USD 954.7 billion by 2024, according to a new report by Grand View Research, Inc. An increasing number of infrastructure projects including roads, bridges, dams coupled with rapid airport expansion works in emerging countries will fuel growth over the next eight years. Furthermore, rising government spending on power plants, manufacturing facilities, construction infrastructure along with the growing population will augment industry expansion over the upcoming years.

Commercial applications will witness considerable volume growth at a CAGR of 7.6% from 2016 to 2024. Growing population and rapid economic development in emerging countries including China, South Korea, and India are expected to propel the demand for construction of commercial buildings such as shopping malls, schools, offices, colleges, banks, and hospitals.

Further key findings from the report suggest:

The global ready-mix concrete market demand was 9,746.5 million tons in 2015 and is anticipated to show high gains on account of swift infrastructural expansion in China, India, Mexico, Saudi Arabia, Brazil, Singapore, Thailand, Indonesia, UAE and the U.S.

Major government initiatives including the development of 100 smart cities in India, revival of 160 Indian airports and Silk Road Project of China are expected to create immense growth potential. Moreover, rising government spending for the development of government offices and buildings will augment the ready-mix concrete demand over the forecast period.

MEA accounted for 10.1% of the global volume share in 2015 and is expected to witness gains in light of rising construction activities in Saudi Arabia, UAE, Qatar and Kuwait coupled with growing number of infrastructural projects in the region.

Latin America is expected to grow significantly at a CAGR of 7.7% from 2016 to 2024 owing to rapid economic growth along with increasing construction of manufacturing plants and energy harnessing projects in Brazil. Rising government efforts to promote solar power generation will spur product demand for construction purpose over the upcoming years.

Ready-mix concrete industry is dominated by major participants including ACC Ltd., Lafarge, Vicat S.A., Buzzi Unicem S.p.A., Barney & Dickenson, Inc., R.W. Sidley, Inc., CEMEX S.A.B. de C.V., Italcementi Group, UltraTech Cement, Holcim Ltd., Dillon Bros Ready Mix Concrete, LLC, HeidelbergCement, Livingston's Concrete Service, Inc., U.S. Concrete, Inc. and Hanson Cement Ltd.

Companies are focusing on mergers & acquisitions to increase their penetration in the market. For instance, in July 2016, detergents and chemicals maker Nirma Ltd. acquired Lafarge India’s cement assets for about USD 1.4 billion to expand its business portfolio.


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Ready-Mix Concrete Market Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value chain analysis
3.4. Raw material outlook
3.5. Technological overview
3.6. Regulatory framework
3.7. Ready-mix concrete market dynamics
3.7.1. Market driver analysis
3.7.2. Market restraints analysis
3.8. Ready-mix concrete market Porter’s analysis
3.9. Ready-mix concrete market PESTEL
Chapter 4. Ready-Mix Concrete Market: Application Estimates & Trend Analysis
4.1. Application Movement Analysis & Market Share, 2015 & 2024
4.2. Commercial building
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts, by region, 2013 - 2024
4.3. Residential building
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts, by region, 2013 - 2024
4.4. Infrastructure
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts, by region, 2013 - 2024
4.5. Industrial Utilities
4.5.1. Market estimates and forecasts, 2013 - 2024
4.5.2. Market estimates and forecasts, by region, 2013 - 2024
Chapter 5. Ready-Mix Concrete Market: Regional Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2015 & 2024
5.2. North America
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by application, 2013 - 2024
5.2.3. U.S.
5.2.3.1. Market estimates and forecast, 2013 - 2024
5.2.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3. Europe
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3.3. Germany
5.3.3.1. Market estimates and forecast, 2013 - 2024
5.3.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3.4. UK
5.3.4.1. Market estimates and forecast, 2013 - 2024
5.3.4.2. Market estimates and forecast, by application, 2013 - 2024
5.4. Asia Pacific
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by application, 2013 - 2024
5.4.3. China
5.4.3.1. Market estimates and forecast, 2013 - 2024
5.4.3.2. Market estimates and forecast, by application, 2013 - 2024
5.4.4. India
5.4.4.1. Market estimates and forecast, 2013 - 2024
5.4.4.2. Market estimates and forecast, by application, 2013 - 2024
5.5. Latin America
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by application, 2013 - 2024
5.5.3. Brazil
5.5.3.1. Market estimates and forecast, 2013 - 2024
5.5.3.2. Market estimates and forecast, by application, 2013 - 2024
5.6. Middle East & Africa (MEA)
5.6.1. Market estimates and forecast, 2013 - 2024
5.6.2. Market estimates and forecast, by application, 2013 - 2024
Chapter 6. Competitive Landscape
6.1. Company market share analysis, 2015
6.2. Vendor landscape
6.3. Competitive environment
6.4. Company market positioning
6.5. Strategy framework
Chapter 7. Company Profiles
7.1. ACC Limited
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. Vicat S.A.
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. LafargeHolcim
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. BuzziUnicem S.p.A.
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. R.W. Sidley, Inc.
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. Barney & Dickenson, Inc.
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. Dillon Bros Ready Mix Concrete, LLC
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. Livingston's Concrete Service, Inc.
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. CEMEX S.A.B. de C.V.
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Strategic Initiatives
7.10. HeidelbergCement
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives
7.11. China National Building Material Company Limited (CNBM)
7.11.1. Company Overview
7.11.2. Financial Performance
7.11.3. Product Benchmarking
7.11.4. Strategic Initiatives
7.12. U.S. Concrete, Inc.
7.12.1. Company Overview
7.12.2. Financial Performance
7.12.3. Product Benchmarking
7.12.4. Strategic Initiatives
7.13. Hanson Cement Limited
7.13.1. Company Overview
7.13.2. Financial Performance
7.13.3. Product Benchmarking
7.13.4. Strategic Initiatives
7.14. UltraTech Cement
7.14.1. Company Overview
7.14.2. Financial Performance
7.14.3. Product Benchmarking
7.14.4. Strategic Initiatives
7.15. Italcementi Group
7.15.1. Company Overview
7.15.2. Financial Performance
7.15.3. Product Benchmarking
7.15.4. Strategic Initiatives
List of Tables
TABLE 1 Global ready-mix concrete market estimates and forecasts in commercial building, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 2 Global ready-mix concrete market volume in commercial building, by region, 2013 - 2024 (Million Tons)
TABLE 3 Global ready-mix concrete market revenue in commercial building, by region, 2013 - 2024 (USD Billion)
TABLE 4 Global ready-mix concrete market estimates and forecasts in residential building, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 5 Globalready-mix concrete market volume in residential building, by region, 2013 - 2024 (Million Tons)
TABLE 6 Global ready-mix concrete market revenue in residential building, by region, 2013 - 2024 (USD Billion)
TABLE 7 Globalready-mix concrete market estimates and forecasts in infrastructure, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 8 Global ready-mix concrete market volume in infrastructure, by region, 2013 - 2024 (Million Tons)
TABLE 9 Global ready-mix concrete market revenue in infrastructure, by region, 2013 - 2024 (USD Billion)
TABLE 10 Global ready-mix concrete market estimates and forecastsin industrial utilities, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 11 Global ready-mix concrete market volume in industrial utilities, by region, 2013 - 2024 (Million Tons)
TABLE 12 Global ready-mix concrete market revenue in industrial utilities, by region, 2013 - 2024 (USD Billion)
TABLE 13 North America ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 14 North America ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 15 North America ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 16 U.S. ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 17 U.S. ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 18 U.S. ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 19 Europe ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 20 Europe ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 21 Europe ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 22 Germany ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 23 Germany ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 24 Germany ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 25 UK ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 26 UK ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 27 UK ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 28 Asia Pacific ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 29 Asia Pacific ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 30 Asia Pacific ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 31 China ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 32 China ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 33 China ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 34 India ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 35 India ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 36 India ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 37 Latin America ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 38 Latin America ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 39 Latin America ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 40 Brazil ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 41 Brazil ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 42 Brazil ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
TABLE 43 MEA ready-mix concrete market estimates and forecast, 2013 - 2024 (Million Tons) (USD Billion)
TABLE 44 MEA ready-mix concrete market volume, by application, 2013 - 2024 (Million Tons)
TABLE 45 MEA ready-mix concrete market revenue, by application, 2013 - 2024 (USD Billion)
List of Figures
1. Market Snapshot
2. Market Segmentation & Scope
3. Penetration & growth prospect mapping
4. Ready-mix concrete market value chain analysis
5. Ready-mix concrete market dynamics
6. Ready-mix concrete market Porter's analysis
7. Ready-mix concrete market PESTEL analysis
8. Ready-mix concrete market application movement analysis, 2015 & 2024
9. Regional market place key takeaways, 2015 & 2024
10. Regional outlook, 2015 & 2024

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report