LONDON--(BUSINESS WIRE)--The ready-mix concrete market is expected to grow by USD 156.29 billion, progressing at a CAGR of over 4% during the forecast period.
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The high preference for ready-mix concrete is one of the major factors propelling market growth. However, factors such as presence of stringent regulations related to raw materials will hamper the market growth.
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Ready-Mix Concrete Market: Application Landscape
The increasing non-residential construction across the world will boost the growth of the ready-mix concrete market in this segment. This market research report provides an accurate prediction of the contribution of all the segments to the growth of the ready-mix concrete market size. Market growth in this segment will be slower than the growth of the market in the residential segment.
Ready-Mix Concrete Market: Geographic Landscape
APAC was the largest ready-mix concrete market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The rising number of construction activities will significantly drive ready-mix concrete market growth in this region over the forecast period. 54% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for ready-mix concrete in APAC. Market growth in this region will be faster than the growth of the market in other regions.
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Companies Covered:
- ACC Ltd.
- CEMEX SAB de CV
- EUROCEMENT Group
- Geany Softech Pvt. Ltd.
- HeidelbergCement AG
- LafargeHolcim Ltd.
- RDC Concrete (India) Pvt. Ltd.
- UltraTech Cement Ltd.
- Vicat group
- Votorantim SA
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Non-residential - Market size and forecast 2019-2024
- Residential - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ACC Ltd.
- CEMEX SAB de CV
- EUROCEMENT Group
- Geany Softech Pvt. Ltd.
- HeidelbergCement AG
- LafargeHolcim Ltd.
- RDC Concrete (India) Pvt. Ltd.
- UltraTech Cement Ltd.
- Vicat group
- Votorantim SA
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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