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Ready-mix Concrete Market

ID: MRFR/PCM/3930-CR
111 Pages
Snehal Singh
June 2021

Ready-mix Concrete Market Research Report Information By Product Type (Transit Mixed Concrete, Shrink Mixed Concrete, Central Mixed Concrete), By Production (On-Site, And Off-Site), By Application (Residential Building, Commercial Building, Industrial, And Infrastructure), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2035.

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Ready-mix Concrete Market Summary

As per MRFR analysis, the Ready-mix Concrete Market Size was estimated at 543.41 USD Million in 2024. The Ready-mix Concrete industry is projected to grow from 575.32 in 2025 to 1017.94 by 2035, exhibiting a compound annual growth rate (CAGR) of 5.87 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Ready-mix Concrete Market is poised for robust growth driven by technological advancements and sustainability initiatives.

  • Technological advancements are enhancing the efficiency and quality of ready-mix concrete production.
  • Sustainability initiatives are increasingly influencing consumer preferences and production practices in the market.
  • North America remains the largest market, while the Asia-Pacific region is experiencing the fastest growth in demand.
  • The rising demand for residential construction and infrastructure development initiatives are key drivers of market expansion.

Market Size & Forecast

2024 Market Size 543.41 (USD Million)
2035 Market Size 1017.94 (USD Million)
CAGR (2025 - 2035) 5.87%

Major Players

LafargeHolcim (CH), CEMEX (MX), HeidelbergCement (DE), CRH (IE), Buzzi Unicem (IT), Martin Marietta Materials (US), Vulcan Materials Company (US), Lehigh Hanson (US)

Ready-mix Concrete Market Trends

The Ready-mix Concrete Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and technological advancements. The demand for ready-mix concrete is influenced by various factors, including urbanization, infrastructure development, and sustainability initiatives. As cities expand and construction projects proliferate, the need for efficient and high-quality concrete solutions becomes increasingly apparent. Furthermore, the integration of innovative technologies, such as automation and digitalization, is reshaping production processes, enhancing efficiency, and reducing waste. This transformation not only meets the growing demand but also aligns with environmental considerations, as stakeholders seek to minimize their carbon footprint. In addition to technological advancements, the Ready-mix Concrete Market is witnessing a shift towards sustainable practices. Companies are exploring eco-friendly materials and methods to produce concrete, which may lead to a reduction in environmental impact. The emphasis on recycling and the use of alternative raw materials could potentially reshape the market landscape. Moreover, the increasing focus on regulatory compliance and green building certifications is likely to drive the adoption of sustainable practices within the industry. Overall, the Ready-mix Concrete Market appears poised for growth, driven by innovation and a commitment to sustainability, which may redefine its future trajectory.

Technological Advancements

The Ready-mix Concrete Market is undergoing significant changes due to the adoption of advanced technologies. Automation and digital tools are enhancing production efficiency, reducing labor costs, and improving quality control. These innovations enable manufacturers to respond swiftly to market demands, ensuring timely delivery and consistency in product quality.

Sustainability Initiatives

There is a growing emphasis on sustainability within the Ready-mix Concrete Market. Companies are increasingly adopting eco-friendly practices, such as utilizing recycled materials and reducing waste. This trend reflects a broader commitment to environmental stewardship and aligns with global efforts to combat climate change.

Urbanization and Infrastructure Development

The ongoing trend of urbanization is driving demand for ready-mix concrete. As cities expand and infrastructure projects increase, the need for reliable and high-quality concrete solutions becomes critical. This trend is likely to continue, as urban development remains a priority for many governments and private sectors.

Ready-mix Concrete Market Drivers

Market Growth Projections

The Global Ready-mix Concrete Market Industry is poised for substantial growth, with projections indicating a market value of 543.4 USD Million in 2024 and an anticipated increase to 1017.1 USD Million by 2035. This growth trajectory suggests a robust compound annual growth rate (CAGR) of 5.86% from 2025 to 2035, reflecting the industry's resilience and adaptability in meeting the evolving demands of construction. Factors such as urbanization, infrastructure development, and technological advancements are expected to contribute significantly to this growth, positioning ready-mix concrete as a vital component in the global construction landscape.

Regulatory Support and Standards

Regulatory support and the establishment of standards play a crucial role in shaping the Global Ready-mix concrete market industry. Governments are implementing regulations that promote the use of high-quality construction materials, including ready-mix concrete, to ensure safety and durability in building projects. Compliance with these regulations often necessitates the use of ready-mix concrete, thereby driving demand. As countries continue to enhance their building codes and standards, the market is likely to benefit from increased adoption of ready-mix concrete in various construction applications.

Urbanization and Population Growth

Urbanization continues to be a driving force in the Global Ready-mix Concrete Market Industry. As populations migrate to urban areas, the demand for residential and commercial buildings rises sharply. This urban expansion necessitates the use of ready-mix concrete, which offers superior strength and durability for construction projects. The increasing need for housing, schools, and commercial spaces in rapidly growing cities is likely to propel the market forward. By 2035, the market is anticipated to reach 1017.1 USD Million, underscoring the critical role of ready-mix concrete in accommodating urban growth and development.

Infrastructure Development Initiatives

The Global Ready-mix Concrete Market Industry is experiencing a notable boost due to extensive infrastructure development initiatives worldwide. Governments are increasingly investing in transportation, energy, and urban infrastructure projects, which necessitate the use of ready-mix concrete for its efficiency and quality. For instance, various countries are undertaking large-scale road and bridge construction projects, which are projected to significantly increase the demand for ready-mix concrete. This trend is expected to contribute to the market's growth, with projections indicating a market value of 543.4 USD Million in 2024, reflecting the industry's pivotal role in supporting infrastructure advancements.

Technological Advancements in Production

Technological advancements in the production of ready-mix concrete are transforming the Global Ready-mix Concrete Market Industry. Innovations such as automated batching systems and improved mixing techniques enhance the efficiency and quality of concrete production. These advancements not only reduce waste but also ensure a more consistent product, which is crucial for large-scale construction projects. As construction companies increasingly adopt these technologies, the demand for ready-mix concrete is expected to rise. This trend aligns with the projected CAGR of 5.86% from 2025 to 2035, indicating a robust growth trajectory driven by technological improvements.

Sustainability and Eco-Friendly Practices

Sustainability is becoming a central theme in the Global Ready-mix Concrete Market Industry. With growing awareness of environmental issues, there is a shift towards eco-friendly construction materials and practices. Ready-mix concrete producers are increasingly incorporating recycled materials and adopting sustainable production methods to minimize their carbon footprint. This trend is likely to attract environmentally conscious consumers and businesses, thereby expanding the market. As sustainability becomes a priority in construction, the demand for ready-mix concrete that meets these criteria is expected to grow, further solidifying its position in the industry.

Market Segment Insights

By Application: Residential (Largest) vs. Infrastructure (Fastest-Growing)

In the Ready-mix Concrete Market, the application segment is significantly diversified, with the residential sector holding the largest market share. As urbanization accelerates globally, the demand for new residential projects continues to thrive, driving significant consumption of ready-mix concrete in this sector. In contrast, infrastructure applications are recognized as the fastest-growing segment, supported by increasing government investments in public works and infrastructure development initiatives. This trend reflects a widening gap where the residential segment remains the cornerstone of market stability, while infrastructure is rapidly scaling up to meet burgeoning demands.

Residential (Dominant) vs. Infrastructure (Emerging)

The residential segment of the Ready-mix Concrete Market is characterized by its stable demand, largely driven by ongoing urbanization and housing development projects. It plays a significant role in sustaining the overall market, ensuring consistent consumption patterns across varying economic landscapes. On the other hand, the infrastructure segment showcases emerging dynamics with its rapid growth trajectory, fueled by strategic government policies and significant investments aimed at modernizing public transport, roads, and utilities. This juxtaposition illustrates a robust market scenario where residential remains dominant, while infrastructure is swiftly evolving to capture new opportunities.

By End Use: Building Construction (Largest) vs. Road Construction (Fastest-Growing)

The Ready-mix Concrete Market segment distribution shows that Building Construction holds the largest share, driven by an increase in residential and commercial constructions worldwide. This segment's dominance is attributed to the widespread applicability of ready-mix concrete in various building projects, ensuring a stable demand. Conversely, Road Construction, while smaller in share, is rapidly growing due to infrastructure developments and government initiatives in many regions. With an emphasis on modernization, road projects are increasingly adopting ready-mix concrete for durability and efficiency, marking it as a pivotal segment in the market. In terms of growth trends, Building Construction is experiencing steady demand as urbanization accelerates, with investment flowing into both housing and commercial properties. Meanwhile, Road Construction is projected to expand quickly, largely fueled by infrastructural upgrades and increased focus on sustainability. The growing need for robust road networks and smarter urban solutions complements the shift towards using ready-mix concrete, making it a critical player in future construction projects.

Building Construction (Dominant) vs. Road Construction (Emerging)

Building Construction remains the dominant segment in the Ready-mix Concrete Market, characterized by a vast range of applications in residential, commercial, and industrial constructions. This segment benefits from long-term trends such as urbanization and population growth, leading to continued investments in new buildings and renovations. On the other hand, Road Construction is emerging as a significant player in the market, gaining traction due to increasing governmental and private investments in infrastructure. The shift towards sustainable and efficient construction practices underlines the advantages of ready-mix concrete, which suits the evolving demands of road projects. Both segments are crucial in shaping the future landscape of construction, each with its distinct drivers and contributions.

By Product Type: Standard Ready-mix Concrete (Largest) vs. High-Strength Ready-mix Concrete (Fastest-Growing)

In the Ready-mix Concrete Market, Standard Ready-mix Concrete emerges as the largest segment, accounting for a significant share of the overall market. Its widespread adoption in various construction projects attributes to its stability and versatility, making it a preferred choice for builders. Meanwhile, High-Strength Ready-mix Concrete is gaining traction rapidly, positioned as the fastest-growing segment due to its increasing application in high-performance structures that require enhanced durability and load-bearing capacity.

Standard Ready-mix Concrete (Dominant) vs. High-Strength Ready-mix Concrete (Emerging)

Standard Ready-mix Concrete dominates the market due to its broad applicability in residential and commercial constructions, characterized by its reliable performance and cost-effectiveness. On the other hand, High-Strength Ready-mix Concrete is emerging based on the rising demand for robust materials for infrastructure projects, such as bridges and high-rise buildings. This segment thrives on technological advancements that enhance its composition, resulting in materials that can support higher loads and resist environmental challenges. Both segments reflect a significant shift towards quality and tailored concrete solutions in response to evolving construction requirements.

Get more detailed insights about Ready-mix Concrete Market

Regional Insights

North America : Stable Growth Environment

The North American ready-mix concrete market is projected to reach $120.0 billion by 2025, driven by robust infrastructure investments and a growing demand for sustainable construction practices. Regulatory support for green building initiatives and urban development projects are key catalysts for growth. The region's focus on infrastructure renewal and residential construction is expected to sustain demand, contributing to a stable market environment. Leading the market are the United States and Canada, with major players like Martin Marietta Materials and Vulcan Materials Company dominating the landscape. The competitive environment is characterized by strategic mergers and acquisitions, as companies seek to enhance their market presence. The presence of established firms such as LafargeHolcim and CEMEX further solidifies the competitive landscape, ensuring a diverse offering of ready-mix concrete solutions.

Europe : Innovation and Sustainability Focus

The European ready-mix concrete market is expected to reach $150.0 billion by 2025, driven by stringent regulations promoting sustainability and innovation in construction. The region is witnessing a shift towards eco-friendly materials and practices, supported by government initiatives aimed at reducing carbon emissions. This regulatory environment is fostering demand for advanced concrete solutions, positioning Europe as a leader in sustainable construction practices. Germany, France, and the UK are the leading countries in this market, with key players like HeidelbergCement and CRH at the forefront. The competitive landscape is marked by a strong emphasis on research and development, enabling companies to innovate and meet evolving market demands. The presence of established firms ensures a robust supply chain, catering to diverse construction needs across the region.

Asia-Pacific : Dominant Market Leader

The Asia-Pacific region is the largest market for ready-mix concrete, projected to reach $250.0 billion by 2025. This growth is fueled by rapid urbanization, infrastructure development, and increasing investments in construction projects across countries like China and India. Government initiatives aimed at enhancing infrastructure and housing are significant drivers, creating a robust demand for ready-mix concrete solutions in the region. China and India are the leading countries, with major players such as LafargeHolcim and CEMEX expanding their operations to meet the surging demand. The competitive landscape is characterized by a mix of local and international firms, ensuring a diverse range of products and services. The presence of established companies enhances market dynamics, fostering innovation and efficiency in production processes.

Middle East and Africa : Emerging Market Potential

The Middle East and Africa ready-mix concrete market is projected to reach $23.41 billion by 2025, driven by increasing urbanization and infrastructure projects across the region. Governments are investing heavily in construction to support economic diversification and development, creating a favorable environment for ready-mix concrete demand. Regulatory frameworks are evolving to support sustainable construction practices, further enhancing market growth prospects. Leading countries in this region include the UAE and South Africa, where significant investments in infrastructure are underway. The competitive landscape features both local and international players, with companies like Buzzi Unicem and Martin Marietta Materials expanding their footprint. The presence of key players is crucial for meeting the growing demand and ensuring quality standards in ready-mix concrete production.

Ready-mix Concrete Market Regional Image

Key Players and Competitive Insights

The Ready-mix Concrete Market is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as LafargeHolcim (CH), CEMEX (MX), and HeidelbergCement (DE) are actively pursuing strategies that emphasize technological advancements and environmental responsibility. For instance, LafargeHolcim (CH) has been focusing on enhancing its product offerings through the integration of sustainable materials, which not only aligns with global environmental standards but also caters to the growing demand for eco-friendly construction solutions. This strategic positioning allows these companies to maintain a competitive edge in a market that is becoming more conscious of its environmental impact.
The business tactics employed by these companies often include localizing manufacturing processes and optimizing supply chains to enhance efficiency and reduce costs. The competitive structure of the market appears moderately fragmented, with several players vying for market share. However, the collective influence of major companies like Martin Marietta Materials (US) and Vulcan Materials Company (US) suggests a trend towards consolidation, as these firms leverage their scale to optimize operations and expand their geographic reach.
In November 2025, CEMEX (MX) announced a strategic partnership with a leading technology firm to develop AI-driven solutions for optimizing concrete production. This initiative is expected to enhance operational efficiency and reduce waste, thereby aligning with the company's sustainability goals. The integration of AI into production processes could potentially revolutionize how concrete is manufactured, allowing for more precise formulations and reduced environmental impact.
In October 2025, HeidelbergCement (DE) launched a new line of low-carbon concrete products aimed at reducing the carbon footprint associated with traditional concrete. This move not only responds to regulatory pressures but also positions the company as a leader in sustainable construction materials. The introduction of these products is likely to attract environmentally conscious clients and enhance the company's market share in a rapidly evolving industry.
Furthermore, in September 2025, Martin Marietta Materials (US) expanded its operations in the southeastern United States by acquiring a regional concrete supplier. This acquisition is indicative of the company's strategy to strengthen its market presence and diversify its product offerings. By integrating local suppliers, Martin Marietta can enhance its supply chain reliability and respond more effectively to regional demand fluctuations.
As of December 2025, the competitive trends within the Ready-mix Concrete Market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies. Strategic alliances are becoming more prevalent, as companies recognize the need to collaborate in order to innovate and meet evolving market demands. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is likely to shape the future landscape of the industry, compelling companies to differentiate themselves through unique offerings and sustainable practices.

Key Companies in the Ready-mix Concrete Market include

Industry Developments

  • Q2 2024: CEMEX to invest $25 million in new ready-mix concrete plant in Texas CEMEX announced a $25 million investment to build a new ready-mix concrete plant in Houston, Texas, aiming to expand its production capacity and meet growing construction demand in the region.
  • Q2 2024: CEMEX Launches Vertua Ultra Zero, a Carbon-Neutral Ready-Mix Concrete in the U.S. CEMEX introduced Vertua Ultra Zero, a carbon-neutral ready-mix concrete product, to the U.S. market, targeting sustainable construction projects and reducing the carbon footprint of building materials.
  • Q3 2024: Heidelberg Materials Opens New Ready-Mix Concrete Plant in Manchester Heidelberg Materials inaugurated a new ready-mix concrete facility in Manchester, UK, to enhance its supply capabilities for major infrastructure and commercial projects in the region.
  • Q3 2024: Holcim acquires UK-based ready-mix concrete producer Aggregate Industries Holcim completed the acquisition of Aggregate Industries' ready-mix concrete operations in the UK, strengthening its market position and expanding its product portfolio in the British construction sector.
  • Q4 2024: Vicat Group announces €40 million investment in new ready-mix concrete plants in France Vicat Group revealed plans to invest €40 million in the construction of two new ready-mix concrete plants in France, aiming to support infrastructure development and sustainable building initiatives.
  • Q4 2024: Nuvoco Vistas wins major ready-mix concrete supply contract for Mumbai Metro Line 5 Nuvoco Vistas secured a significant contract to supply ready-mix concrete for the construction of Mumbai Metro Line 5, reinforcing its presence in large-scale infrastructure projects in India.
  • Q1 2025: CEMEX expands ready-mix concrete operations in the Philippines with new plant opening CEMEX opened a new ready-mix concrete plant in Cebu, Philippines, to meet rising demand from residential and commercial construction projects in the region.
  • Q1 2025: Holcim launches ECOPact+ ready-mix concrete with recycled aggregates in Germany Holcim introduced ECOPact+, a new ready-mix concrete product incorporating recycled aggregates, in Germany, supporting the circular economy and sustainable construction practices.
  • Q2 2025: Heidelberg Materials appoints new CEO for Asia-Pacific ready-mix concrete division Heidelberg Materials announced the appointment of a new CEO to lead its Asia-Pacific ready-mix concrete division, focusing on growth and innovation in key regional markets.
  • Q2 2025: CRH plc acquires majority stake in Indian ready-mix concrete firm RDC Concrete CRH plc acquired a majority stake in RDC Concrete, one of India's leading ready-mix concrete producers, to expand its footprint in the fast-growing Indian construction market.
  • Q3 2025: China National Building Material Company opens automated ready-mix concrete plant in Shanghai China National Building Material Company launched a fully automated ready-mix concrete plant in Shanghai, featuring advanced robotics and digital monitoring for improved efficiency and quality control.
  • Q3 2025: Votorantim Cimentos signs partnership with Brazilian government for sustainable ready-mix concrete supply Votorantim Cimentos entered a partnership with the Brazilian government to supply sustainable ready-mix concrete for public infrastructure projects, emphasizing low-carbon and environmentally friendly materials.

Future Outlook

Ready-mix Concrete Market Future Outlook

The Ready-mix Concrete Market is projected to grow at a 5.87% CAGR from 2024 to 2035, driven by urbanization, infrastructure development, and technological advancements.

New opportunities lie in:

  • Expansion of eco-friendly concrete solutions
  • Investment in automated mixing and delivery systems
  • Development of smart concrete with embedded sensors

By 2035, the Ready-mix Concrete Market is expected to be robust, driven by innovation and sustainable practices.

Market Segmentation

Ready-mix Concrete Market End Use Outlook

  • Building Construction
  • Road Construction
  • Bridge Construction
  • Water Management
  • Marine Structures

Ready-mix Concrete Market Application Outlook

  • Residential
  • Commercial
  • Infrastructure
  • Industrial
  • Road Construction

Ready-mix Concrete Market Product Type Outlook

  • Standard Ready-mix Concrete
  • High-Strength Ready-mix Concrete
  • Self-Compacting Ready-mix Concrete
  • Lightweight Ready-mix Concrete
  • Pervious Ready-mix Concrete

Report Scope

MARKET SIZE 2024 543.41(USD Million)
MARKET SIZE 2025 575.32(USD Million)
MARKET SIZE 2035 1017.94(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 5.87% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled LafargeHolcim (CH), CEMEX (MX), HeidelbergCement (DE), CRH (IE), Buzzi Unicem (IT), Martin Marietta Materials (US), Vulcan Materials Company (US), Lehigh Hanson (US)
Segments Covered Application, End Use, Product Type
Key Market Opportunities Integration of sustainable practices and innovative technologies in the Ready-mix Concrete Market.
Key Market Dynamics Rising demand for sustainable construction materials drives innovation and competition in the Ready-mix Concrete Market.
Countries Covered North America, Europe, APAC, South America, MEA

Market Highlights

Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

How much is the Ready-mix Concrete market?

Ready-mix Concrete Market crossed a valuation of USD 543.41 Billion in 2024

What is the growth rate of the Ready-mix Concrete market?

Ready-mix Concrete Market is projected to register a CAGR of 5.87% from 2025-2035

Which region held the largest market share in the Ready-mix Concrete market?

Asia Pacific had the largest share in the market

Who are the key players in the Ready-mix Concrete market?

The key players in the market are ACC Limited (India), Vicat SA (France), Lafarge (France), Buzzi Unicem S.p.A. (Italy), and Barney & Dickenson Inc.(U.S.).

Which Product Type led the Ready-mix Concrete market?

The transit mixed concrete category dominated the market in 2024.

Which Production had the largest market share in the Ready-mix Concrete market?

The Off-Site had the largest share in the market.

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