Ready-mix Concrete Market is predicted to reach USD 732.37 million at a CAGR of 6.00% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Ready-mix Concrete Market” that contains information from 2018 to 2030. The Ready-mix Concrete market is estimated to register a CAGR of 6.00% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the global Ready-mix Concrete market— ACC Limited (India), Vicat SA (France), Lafarge (France), Buzzi Unicem S.p.A. (Italy), Barney & Dickenson Inc. (U.S.), R.W. Sidley Inc. (U.S.), CEMEX S.A.B. de C.V. (Mexico), Italcementi Group (Italy), UltraTech Cement Limited, Holcim Ltd. (Switzerland), and HeidelbergCement (Germany).


Market Highlights


The global Ready-mix Concrete market is accounted to register a CAGR of 6.00% during the forecast period and is estimated to reach USD 732.37 million by 2030.


The ready-mix concrete market involves the production and distribution of pre-mixed concrete, prepared in batching plants and delivered to construction sites. This convenient solution reduces on-site labor and ensures consistent quality for various construction projects. The market's growth is driven by its time and cost efficiency, as well as the expanding construction and infrastructure sectors globally.


Segment Analysis


The global Ready-mix Concrete market has been segmented based on Product Type, Production and Application.


On the basis of Product Type, the market is segmented into transit mixed concrete, shrink mixed concrete, and central mixed concrete. In 2021, the sector for transit-mixed concrete had the lion's share, accounting for around 35% of the ready-mix concrete market's revenue. Dust pollution is lessened since transit mix concrete is produced in a controlled setting.


Based on Production, the global Ready-mix Concrete market has been segmented into on-site and off-Site. In 2021, the Off-Site category led the market. From 2022 to 2030, it is expected to increase at a quicker rate. For construction projects, large amounts of concrete are required, and off-site production enables manufacture of concrete with higher precision and quality controls.


Based on Application, the global Ready-mix Concrete market has been segmented into residential, commercial, industrial, and infrastructure. In 2021, Residential Buildings accounted for the greatest segment share because of the increasing urbanisation of several countries around the world. The commercial sector of the ready-mix concrete market is the second-fastest growing.


Regional Analysis


The global Ready-mix Concrete market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Ready-mix Concrete market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Ready-mix Concrete market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Ready-mix Concrete market comprises of Middle East, Africa, and Latin America.


The Asia-Pacific Ready-mix Concrete Market dominated this market in 2022. It is anticipated to expand at a considerable CAGR throughout the study period, reaching USD 198.50 million in 2021. This is explained by the region's ageing population as well as the rising prevalence of spine deformities such scoliosis, kyphosis, and lordosis.


Additionally, The second-largest market share belongs to the concrete industry. This increase can be ascribed to the region's growing industrialization and the rising need for residential construction. The growth of the ready-mix concrete market in this region is largely aided by government infrastructure construction projects. The market for ready-mix concrete in Germany had the biggest market share, and the market for it in the United Kingdom had the quickest rate of expansion in the continent of Europe.


Moreover, From 2022 to 2030, the market for ready-mixed concrete in North America is anticipated to expand at the quickest rate. The rapid expansion of the medical tourism business, rising healthcare expenses, and rising prevalence of osteoarthritis and degenerative disc disease are all contributing factors in this. Additionally, the Canada Ready-mix Concrete market had the quickest rate of growth in the North American region, while the UK Ready-mix Concrete market had the greatest market share.


Key Findings of the Study



  • The global Ready-mix Concrete market is expected to reach USD 732.37 million by 2030, at a CAGR of 6.00% during the forecast period.

  • The Asia-Pacific Ready-mix Concrete Market dominated this market in 2022. It is anticipated to expand at a considerable CAGR throughout the study period, reaching USD 198.50 million in 2021.

  • Based on Application, In 2021, Residential Buildings accounted for the greatest segment share because of the increasing urbanisation of several countries around the world.

  • ACC Limited (India), Vicat SA (France), Lafarge (France), Buzzi Unicem S.p.A. (Italy), Barney & Dickenson Inc. (U.S.), R.W. Sidley Inc. (U.S.), CEMEX S.A.B. de C.V. (Mexico), Italcementi Group (Italy), UltraTech Cement Limited, Holcim Ltd. (Switzerland), and HeidelbergCement (Germany).


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Pages 160
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