Press release
Global Ready-Mix Concrete Market Projected To Show Strong Growth By 2030 | With Key Players
The Ready-Mix Concrete Is Expected to Grow at A Significant Growth Rate, And the Forecast Period Is 2023-2030, Considering the Base Year As 2022.
Ready-mix concrete is a construction material consisting of cement, water, aggregates, and additional elements blended in specific proportions to achieve the desired strength and durability. It is widely used in the construction industry for its convenience and reliability. Ready-mix concrete is composed of cement paste, fine and coarse aggregates (such as sand and crushed rocks), and water. The aggregates provide structural integrity, while the cement paste acts as a binder that holds everything together. Different types of cement, such as Portland cement or hydraulic cement, can be used in the mixture. To enhance the performance of ready-mix concrete, additives like superplasticizers and pozzolans are often incorporated.
Key Players For The Global Ready-Mix Concrete Market
Arkema (France), Sika AG (Switzerland), BASF SE (Germany), GCP Applied Technologies Inc. (U.S.), MAPEI S.p.A. (Italy), Kao Corporation (Japan), M&I Materials Limited (U.K), Dupont (U.S.), SOLVAY(Belgium), W. R. Grace & Co.-Conn. (U.S.), Setral Chemie GmbH (Germany), Enaspol a.s (Czech Republic), CAC Admixtures (India),CHRYSO GROUP (France),Ashland Inc (U.S.),Rhein-Chemotechnik GMBH (Germany) and Other Major Players
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Market Dynamics:
Driver:
The increased number of construction and infrastructure projects has emerged as a significant driver for the ready-mix concrete industry. As urbanization and population growth continue, there is a growing demand for residential, commercial, and public infrastructure developments. This trend has created a robust market for ready-mix concrete, which serves as a fundamental building material for various construction applications. Construction projects, ranging from residential buildings to large-scale infrastructure developments like bridges, roads, and airports, require a reliable and efficient supply of concrete. Ready-mix concrete provides several advantages in these projects, including consistent quality, faster construction timelines, and enhanced durability.
Opportunities:
Increased government investments present a significant opportunity for the ready-mix concrete industry. Governments play a crucial role in driving infrastructure development, urban renewal, and public construction projects. Through investments in these areas, governments aim to stimulate economic growth, improve quality of life, and create employment opportunities. Government investments in infrastructure projects, such as roads, bridges, airports, railways, and water management systems, require substantial quantities of concrete. Ready-mix concrete, with its advantages of consistency, efficiency, and durability, becomes a preferred choice for these projects. As governments allocate funds for infrastructure development, the demand for ready-mix concrete is expected to rise significantly.
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The Report Will Include A Major Chapter
•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Segmentation
By Type:
•Transit Mixed Concrete
•Shrink Mixed Concrete
•Central Mixed Concrete
By Application:
•Commercial Building
•Industrial Utilities
•Residential Buildings
•Others
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Introspective Market Research specializes in delivering comprehensive market research studies that provide valuable insights and strategic guidance to businesses worldwide. Our reports draw data from diverse and solid primary and secondary sources. By utilizing industry-standard tools like Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis, we enhance the comprehensiveness of our evaluations.
In addition to investigating market intricacies, our study focuses extensively on the holistic ecosystem of the Ready-Mix Concrete market. We analyse the functions and interdependencies of diverse market stakeholders, offering insights into their roles within the industry. Furthermore, our wide-ranging geographical coverage facilitates a profound understanding of regional trends.
Regional Analysis of The Ready-Mix Concrete Market
Asia Pacific is Expected to Dominate the Market Over the Forecast period.
The Asia Pacific ready-mix concrete market is the largest and is predicted to increase significantly because of high demand from rising economies like China, India, and South Korea. Furthermore, due to the availability of raw materials and the expanding population, China is the leading producer of concrete. Increased infrastructure development and the installation of new manufacturing plants in developing countries will boost market expansion even further.
By Region:
•North America (U.S., Canada, Mexico)
•Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
•Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
•Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
•South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Ready-Mix Concrete Market
In May 2020, UltraTech developed its in-house technology that collects all the remaining concrete from the construction sites and makes them into slurry for recycling in ready-mix concrete. The plant technology is automated and does not dispose of any solid or water waste, thus it is fully environmentally friendly.
In April 2020, Hanson Group supplied ready-mix concrete to meet the challenges of the COVID-19 pandemic in Swansea. The factory is temporarily being formed as an NHS-filed hospital for the treatment and care of the patients affected by the novel coronavirus.
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Ready Mix Concrete Market by Type
Continued….
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