According to a new market research report published by Global Insight Services “ Ready-Mix Concrete Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Ready-mix concrete is concrete that is manufactured in a factory or batching plant, according to a set recipe, and then delivered to a work site, by truck mounted in transit mixers. This results in a precise mixture, allowing specialty concrete mixtures to be developed and implemented on construction sites. The first ready-mixed concrete plant was built in 1933.
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Top Key Players in Ready-Mix Concrete market: ACC Limited, Barney & Dickenson, Inc., CEMEX S.A.B. de C.V., CRH plc, HEIDELBERGCEMENT AG, Holcim Ltd.
Key Trends
There are several key trends in ready-mix concrete technology that are worth mentioning. One is the trend towards using alternative materials such as fly ash, slag, and other industrial byproducts. This is being driven by environmental concerns as well as the need to find more cost-effective solutions.
Key Drivers
The key drivers of the ready-mix concrete market are increasing construction activities, infrastructural development, and industrialization. The other drivers include the rise in population and urbanization, which have resulted in the increased demand for residential and commercial buildings. Additionally, government initiatives for the development of smart cities and housing projects are expected to drive the market for ready-mix concrete.
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Market Segments
The ready-mix concrete market bifurcated on the basis of type, application, mixer type, and region. On the basis of type, it is segmented into transit mix concrete, central mix concrete, and shrink mix concrete. By application, it is divided into up to commercial & infrastructure, residential, and industrial. By mixer type, it is analyzed across volumetric and barrel truck/in-transit mixer. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Reasons to buy Ready-Mix Concrete Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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