Industry Background:
Ready Mix Concrete is a Ready-to-Use Construction Material that Comprises of a Mixture of Cement, Sand, Aggregate & Water. It is a Type of Concrete which is Mixed in a Batching Plant According to the Specification of the Customer & Delivered to the Site with the Usage of Transit Mixer Located Some Distance Away from the Construction Site. It Offers Less Construction Time, Less Manpower & High Strength as Compared to Site Mix Concrete
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Barney & Dickenson Inc. (United States), CEMEX S.A.B. DE C.V (Mexico), ACC Limited (India), UltraTech Cement Limited (India), Buzzi Unicem S.P.A. (Italy), Vicat SA (France), Lafarge SA (France), Larsen & Toubro Limited (India) and U.S. Concrete, Inc. (United States) |
This growth is primarily driven by Increase in the Construction of Commercial Buildings like Supermarkets, Shopping Malls, Offices, Hotels, Restaurants, Parking Facilities, & Hospitals, due to Growth in the Economy and Growth in the Number of Large Projects like Bridges, Bridges, Roads, Dams, & Sports Complex Worldwide owing to the Rise in Government Initiatives.
Globally, a noticeable market trend is evident The Upsurge in Global Population & Low Mortgage Rates for Home Loans Major Vendors, such as Barney & Dickenson Inc. (United States), CEMEX S.A.B. DE C.V (Mexico), ACC Limited (India), UltraTech Cement Limited (India), Buzzi Unicem S.P.A. (Italy), Vicat SA (France), Lafarge SA (France), Larsen & Toubro Limited (India) and U.S. Concrete, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The Market for the Ready-Mix Concrete is fragmented with the Presence of Many Players. Leading Players can Adopt Strategies like a Merger, Acquisition, Expansion, & New Product Launch, In Order to Gain Share within the Market. Owing to Booming Industrialization & Urbanization, there are Growing Prospects for the New Players to Enter the Market
Key Developments in the Market:
On 1 February 2019, LafargeHolcim Announced the Acquisition of US-Based Transit Mix Concrete Co. as part of the Transaction, the Company will Take Ownership of Seven Ready-Mix Concrete Plants & a Sand Quarry
In July 2018, LafargeHolcim Acquired Tarrant Concrete, a Provider of Ready-Mix Concrete in the Dallas/Fort Worth Area in Texas
Influencing Trend:
The Upsurge in Global Population & Low Mortgage Rates for Home Loans
Market Growth Drivers:
Increase in the Construction of Commercial Buildings like Supermarkets, Shopping Malls, Offices, Hotels, Restaurants, Parking Facilities, & Hospitals, due to Growth in the Economy and Growth in the Number of Large Projects like Bridges, Bridges, Roads, Dams, & Sports Complex Worldwide owing to the Rise in Government Initiatives
Challenges:
Widespread Availability & Usage of Conventional Concrete may pose a Challenge
Restraints:
The Current Economic Slowdown in Many Countries
Opportunities:
Owing to the Surge in the Residential Buildings for Nuclear Families, there is an Increased Opportunity for the Market Expansion and There are Prospects for the Growth of Ready-Mix Concrete, for Construction Projects like Industrial Corridors, Sea Ports, Airports, Railway Stations, & Other Public Projects, due to the Increased Foreign Direct Investments in Growing Economies like India, China, & Brazil
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Ready-Mix Concrete Market
- Analysis about New Entrants in Ready-Mix Concrete Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Ready-Mix Concrete Study Sheds Light on
The Ready-Mix Concrete Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Ready-Mix Concrete industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Ready-Mix Concrete industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.