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Ready-Mix Concrete - Global Market Trajectory & Analytics

  • ID: 1227806
  • Report
  • January 2021
  • Region: Global
  • 501 Pages
  • Global Industry Analysts, Inc
The global market for Ready-Mix Concrete (RMC) is projected to reach 6.4 billion cubic meters by 2024, driven by the growing size and complexity of construction projects, critical time schedules for project completion, emphasis on quality, tight and competitive project budgets and the resulting need for efficient ways for project execution. Key benefits of RMC driving adoption worldwide include reduced labor and supervising costs, reduced consumption of cement by eliminating wastages associated with bulk handling, consistency in quality as mixture ratio of sand aggregates and water are subject to computerized control, and reduced environmental pollution, among others. The market is more prominent in developed regions including the United States and most of the Western European regions such as France, Germany, Italy, the UK, and Spain. Asia-Pacific represents the largest and the fastest growing market worldwide with a CAGR of 9.3% through the analysis period. Few of the factors driving growth in the region include massive growth in the infrastructure sector supported by favorable economic development policies; stringent standards for quality, durability and service life of structures; growing competitive bidding of construction projects and the resulting emphasis on project cost optimization; and developments in ready-mix concrete supply chain that help ensure timely delivery of cement.

Select Competitors (Total 255 Featured):
  • ACC Limited
  • Barney & Dickenson Inc.
  • Buzzi Unicem SpA
  • CEMEX S.A.B. DE C.V.
  • CRH plc
  • Dillon Bros Ready Mix Concrete LLC
  • HeidelbergCement AG
  • LafargeHolcim Ltd.
  • Livingston`s Concrete Service Inc.
  • Prism Cement Limited
  • R.W. Sidley Inc.
  • U.S. Concrete Inc.
  • UltraTech Cement Ltd.
  • Vicat SA
  • Vulcan Materials Company
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession
  • Economic Volatility and Construction Market Dynamics Redesign Growth Patterns
  • EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual % Change) for 2020, 2021, & 2022
  • Slowdown in Construction Sector Projects Impacts Demand
  • EXHIBIT 2: Global Construction Reset & Trajectory - Growth Outlook (In %) For Years 2019 through 2025
  • Recovery in Global Construction Sector to Post Gains in 2021
  • Ready-Mix Concrete: A Prelude
  • Advantages of RMC
  • Disadvantages
  • Types of Ready-Mix Concrete
  • Outlook
  • Developing Economies Dominate, Continue to Drive Future Market Growth
  • EXHIBIT 3: Percentage Share of Cement to Ready-Mix Concrete for Select Countries: 2019
  • Developed Regions Home to More Number of RMC Producers and Plants
  • EXHIBIT 4: Number of Ready-Mix Concrete Plants for Select Countries: 2018
  • Ready-Mix Concrete & Pricing
  • Aspects Associated with Ready Mix Concrete
  • At Production/Supply Point
  • At Manufacturer’s Point
  • Competition
  • EXHIBIT 5: Annual Sales Volume in Million Cubic Meters of Select Leading Players: 2019
  • Recent Market Activity
  • World Brands
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Sophisticated Concrete Admixtures Spawn New Era for Ready-Mix Industry
  • Customized Admixtures for High-Strength Concrete
  • Admixtures for Precast Applications
  • Customized Admixtures to Improve Concrete Rheology
  • Efforts to Lower Concrete’s Carbon Footprint Drive Adoption of Ready-Mix Concrete in Construction Projects
  • New Technology Adoption in the Concrete Industry
  • Rise in Digitalization in Ready-Mix Industry Infuses More Operational Efficiency
  • Integration of Disparate Systems
  • Integrated Job Status for Real-Time Tracking
  • Subscription-based Services
  • Concrete Pumps Improve Ready-Mix Concrete Market
  • High Rise Building Projects Drive Demand for High Performance Concrete
  • COVID-19 Provides Appropriate Timing to Fast-Track Major Infrastructure Projects
  • Innovative Concrete Solutions Address Evolving Construction Requirements
  • Infrastructure Investment Patterns Strongly Influence the Market
  • EXHIBIT 6: Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • EXHIBIT 7: Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
  • Favorable Demographic & Macro Trends Strengthen Market Prospects
  • Rapid Urbanization to Drive Demand Prospects
  • EXHIBIT 8: World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050P
  • Population Growth to Elevate Demand for New Constructions
  • EXHIBIT 9: World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
  • Expanding Middle Class Population: Positive Opportunities for Construction Industry
  • EXHIBIT 10: Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • Market Overview
  • US Construction Sector: A Review
  • EXHIBIT 11: US Monthly Construction Spending in US$ Billion: Dec 2019-November 2020
  • EXHIBIT 12: US New Construction Starts in US$ Billion by Sector: 2020
  • EXHIBIT 13: Housing Starts in US in Thousands: 2015-2019
  • EXHIBIT 14: Housing Starts in US: Jan-Oct 2020
  • EXHIBIT 15: Percentage Change in Construction Starts by Select States: 1H2020 Vs 1H2019
  • Commercial Construction Sector
  • EXHIBIT 16: Total Construction Starts % Change in the US (Jan-July): 2019 Vs 2020
  • Recovery in Construction Sector to Spur Growth
  • Pricing Scenario
  • EXHIBIT 17: US Ready-Mix Concrete Average Price (in US$ Per Cubic Yard): 2012 - 2020
  • EXHIBIT 18: US Ready-Mix Concrete Quarterly Average Price (in US$ Per Cubic Yard): Q32018 - Q3 2020
  • Market Analytics
  • CANADA
  • Market Overview
  • EXHIBIT 19: Housing Market in Canada (2010-2019): Breakdown of Number of Housing Starts in Thousands
  • EXHIBIT 20: Housing Starts in Canada in Units: Jan 2020-Oct 2020
  • Market Analytics
  • JAPAN
  • CHINA
  • Market Overview
  • EXHIBIT 21: Urbanization in China (2009-2019): Percentage Share of Total Population Living in Cities
  • Market Analytics
  • EUROPE
  • Market Overview
  • EXHBIT: RMC Production by Country (in Million Cubic Meters): 2018
  • Market Analytics
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • TURKEY
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Market Overview
  • EXHIBIT 22: Urbanization Rate in Asia-Pacific (2018-2048): Percentage Share of Total Population Living in Cities
  • Market Analytics
  • AUSTRALIA
  • INDIA
  • Market Overview
  • Rise in Construction Activity to Buoy Prospects
  • EXHIBIT 23: Urbanization Trends in India: Number of Inhabitants (in Million) for Years 1991, 2001, 2011 & 2021
  • Market Analytics
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Market Overview
  • Market Analytics
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 204
Note: Product cover images may vary from those shown
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