Ready-Mix Concrete Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Fairfield Market Research unveils insights into the global ready-mix concrete market, forecasting significant growth driven by governmental initiatives towards affordable housing and infrastructural development. With consumption currently at 1,697.2 Mn cubic meters, the market is poised to expand and surpass 3,500 Mn cubic meters. The ready-mix concrete market is poised for significant growth, propelled by governmental initiatives aimed at fostering affordable housing and infrastructure development.

Governmental Reforms Fuel Demand for Ready-Mix Concrete

Regional governments, particularly in emerging economies, are intensifying efforts to modernize infrastructure and enhance essential services like education, healthcare, and sanitation. This agenda underscores the importance of ready-mix concrete in fulfilling construction needs. Notably, Latin American countries like Peru are leveraging untapped resources such as water and wind power, bolstering investments in infrastructure projects. Emerging economies are prioritizing modernization efforts to address infrastructural deficits and enhance essential services such as education, healthcare, and sanitation. Regional governments are intensifying their focus on sustainable mining solutions and increasing automation, productivity, and safety standards. These initiatives are expected to drive demand for ready-mix concrete globally.

Strategic Focus Areas for Ready-Mix Concrete Producers

Key players in the ready-mix concrete market are prioritizing strategic acquisitions, technological advancements, and long-term supply contracts. Some are innovating with mobile ready-mix concrete plants to ensure timely delivery to large construction sites.

Standard Concrete Segment Drives Market Growth

Standard concrete emerges as a key segment within the global ready-mix concrete market, offering versatile applications and consistent quality. The fiber-reinforced segment is projected to contribute significantly to market growth during the forecast period.

South Asia and East Asia Spearhead Market Expansion

Rising investments in infrastructure, coupled with increasing foreign direct investments, notably in India and China, are propelling demand for ready-mix concrete in South Asia and East Asia.

Competitive Analysis

Leading players in the market include CEMEX S.A.B. de C.V., HeidelbergCement AG, LafargeHolcim Ltd., and others. Technological advancements and strategic partnerships remain focal points for industry growth.

The global ready-mix concrete market features a diverse array of key players, as outlined in the market report. Notable participants include CEMEX S.A.B. de C.V., HeidelbergCement AG, LafargeHolcim Ltd., CRH plc, Martin Marietta Inc., Vulcan Materials Company, Vicat S.A., Votorantim Cimentos, Dillon Bros Concrete LLC, RDC Concrete (India) Pvt. Ltd., UltraTech Cement Ltd., ACC Limited, Prism Johnson Limited, Nuvoco Vistas Corp Ltd., Skyway RMC Plants Private Limited, CONCRETE INDIA, RayMix Concrete India Pvt Ltd., among others.

In recent times, the global ready-mix concrete market has witnessed significant advancements, both in terms of technology and strategy. Key areas of focus for industry participants include merger and acquisition activities, as well as the establishment of supply contracts with major end-users worldwide. These strategic initiatives are indicative of the competitive nature of the market and the drive among players to enhance their market presence and offerings.

Ready-Mix Concrete Market: Segmentation

By Type

Accelerated Set
Architectural
Fiber-reinforced
Flowable Fill/CLSM
Standard

By End Use

Infrastructure
Industrial
Commercial & Institutional
Residential

By Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

1. Executive Summary

1.1. Global Ready Mix Concrete Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Ready Mix Concrete Market Outlook, 2018 - 2031

3.1. Global Ready Mix Concrete Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Accelerated Set
  - 3.1.1.2. Architectural
  - 3.1.1.3. Fiber-reinforced
  - 3.1.1.4. Flowable Fill/CLSM
  - 3.1.1.5. Standard
3.2. Global Ready Mix Concrete Market Outlook, by End Use, Value (US$ Mn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Infrastructure
  - 3.2.1.2. Industrial
  - 3.2.1.3. Commercial & Institutional
  - 3.2.1.4. Residential
3.3. Global Ready Mix Concrete Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Ready Mix Concrete Market Outlook, 2018 - 2031

4.1. North America Ready Mix Concrete Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Accelerated Set
  - 4.1.1.2. Architectural
  - 4.1.1.3. Fiber-reinforced
  - 4.1.1.4. Flowable Fill/CLSM
  - 4.1.1.5. Standard
4.2. North America Ready Mix Concrete Market Outlook, by End Use, Value (US$ Mn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Infrastructure
  - 4.2.1.2. Industrial
  - 4.2.1.3. Commercial & Institutional
  - 4.2.1.4. Residential
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Ready Mix Concrete Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 4.3.1.2. U.S. Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 4.3.1.3. Canada Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 4.3.1.4. Canada Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Ready Mix Concrete Market Outlook, 2018 - 2031

5.1. Europe Ready Mix Concrete Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Accelerated Set
  - 5.1.1.2. Architectural
  - 5.1.1.3. Fiber-reinforced
  - 5.1.1.4. Flowable Fill/CLSM
  - 5.1.1.5. Standard
5.2. Europe Ready Mix Concrete Market Outlook, by End Use, Value (US$ Mn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Infrastructure
  - 5.2.1.2. Industrial
  - 5.2.1.3. Commercial & Institutional
  - 5.2.1.4. Residential
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Ready Mix Concrete Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.2. Germany Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 5.3.1.3. U.K. Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.4. U.K. Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 5.3.1.5. France Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.6. France Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 5.3.1.7. Italy Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.8. Italy Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 5.3.1.9. Turkey Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.10. Turkey Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 5.3.1.11. Russia Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.12. Russia Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Ready Mix Concrete Market Outlook, 2018 - 2031

6.1. Asia Pacific Ready Mix Concrete Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Accelerated Set
  - 6.1.1.2. Architectural
  - 6.1.1.3. Fiber-reinforced
  - 6.1.1.4. Flowable Fill/CLSM
  - 6.1.1.5. Standard
6.2. Asia Pacific Ready Mix Concrete Market Outlook, by End Use, Value (US$ Mn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Infrastructure
  - 6.2.1.2. Industrial
  - 6.2.1.3. Commercial & Institutional
  - 6.2.1.4. Residential
- 6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Ready Mix Concrete Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.2. China Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 6.3.1.3. Japan Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.4. Japan Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 6.3.1.5. South Korea Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.6. South Korea Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 6.3.1.7. India Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.8. India Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Ready Mix Concrete Market Outlook, 2018 - 2031

7.1. Latin America Ready Mix Concrete Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Accelerated Set
  - 7.1.1.2. Architectural
  - 7.1.1.3. Fiber-reinforced
  - 7.1.1.4. Flowable Fill/CLSM
  - 7.1.1.5. Standard
7.2. Latin America Ready Mix Concrete Market Outlook, by End Use, Value (US$ Mn), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Ready Mix Concrete Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.2. Brazil Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 7.3.1.3. Mexico Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.4. Mexico Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 7.3.1.5. Argentina Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.6. Argentina Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Ready Mix Concrete Market Outlook, 2018 - 2031

8.1. Middle East & Africa Ready Mix Concrete Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Accelerated Set
  - 8.1.1.2. Architectural
  - 8.1.1.3. Fiber-reinforced
  - 8.1.1.4. Flowable Fill/CLSM
  - 8.1.1.5. Standard
8.2. Middle East & Africa Ready Mix Concrete Market Outlook, by End Use, Value (US$ Mn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Infrastructure
  - 8.2.1.2. Industrial
  - 8.2.1.3. Commercial & Institutional
  - 8.2.1.4. Residential
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Ready Mix Concrete Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.2. GCC Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 8.3.1.3. South Africa Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.4. South Africa Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 8.3.1.5. Egypt Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.6. Egypt Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 8.3.1.7. Nigeria Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.8. Nigeria Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Ready Mix Concrete Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Ready Mix Concrete Market by End Use, Value (US$ Mn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by End Use Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. CEMEX S.A.B. de C.V.
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. HeidelbergCement AG
- 9.4.3. LafargeHolcim Ltd.
- 9.4.4. CRH plc
- 9.4.5. Martin Marietta Inc.
- 9.4.6. Vulcan Materials Company
- 9.4.7. Vicat S.A.
- 9.4.8. Votorantim Cimentos
- 9.4.9. Dillon Bros Concrete LLC
- 9.4.10. RDC Concrete (India) Pvt. Ltd.
- 9.4.11. UltraTech Cement Ltd.
- 9.4.12. ACC Limited
- 9.4.13. Prism Johnson Limited
- 9.4.14. Nuvoco Vistas Corp Ltd.
- 9.4.15. Skyway RMC Plants Private Limited
- 9.4.16. CONCRETE INDIA
- 9.4.17. RayMix Concrete India Pvt Ltd.

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations