The Ready-Mix Concrete Manufacturing industry's performance depends on the level of activity in the various sectors that use concrete as construction material, including the residential, nonresidential, utilities, energy extraction and transport sectors. These sectors have performed differentially in Canada over the past five years, leading to tenuous demand for ready-mix concrete. In the five years to 2020, positive conditions in some key downstream construction markets, such as utility and public transport construction, are expected to underpin revenue growth. The oil and gas sector will also contribute to future growth, though this sector's contribution will be limited if the Keystone Pipeline project is halted. Furthermore, the industry is likely to be constrained by weak demand from the residential construction market.
This industry manufactures wet-batch concrete, in a facility or in transit, and delivers it to construction sites in a plastic and unhardened state. The batches are ready for mixing and pouring, although this is undertaken by purchasers, not by industry operators. The production of dry-batch concrete is excluded from industry operations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.