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North America Ready Mix Concrete Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by End Use

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    Report

  • 93 Pages
  • January 2023
  • Region: North America
  • The Insight Partners
  • ID: 5743851
The North America ready mix concrete market is expected to grow from US$ 1,81,528.28 million in 2022 to US$ 2,35,282.57 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2022 to 2028.

Rise in Commercial and Residential Construction Projects

Ready mix concrete is widely used in nearly all construction projects owing to benefits such as reduced construction time, low maintenance cost, and versatility. The rapid population growth has urged government bodies to promote reforms in urban planning. The country's economic stability, better connectivity, low cost of energy and government diversification strategy are the factors responsible for driving investors and customers to invest in residential and commercial properties. The implementation of government initiatives such as smart cities is further driving the North America ready mix concrete sales. According to the US Census Bureau report, the total spending on residential construction in the US increased by 14% (from July 2021 to July 2022), whereas a spike of 9.9% (from July 2021 to July 2022) in the total spending on private construction including residential and non-residential was observed.

North America Ready Mix Concrete Market Overview

North America comprises of developed and developing countries such as the US, Canada, and Mexico. In the North America region, the US is a major market for ready mix concrete, followed by Canada and Mexico. The extensive use of ready mix concrete in the construction activities of residential and commercial buildings is anticipated to drive the ready mix concrete market growth in North America. The construction industry in North America is expanding tremendously due to a strong economy, combined with an increase in federal and state funding for public works and institutional buildings.

North America Ready Mix Concrete Market Revenue and Forecast to 2028 (US$ Million) North America Ready Mix Concrete Market Segmentation

The North America ready mix concrete market is segmented based on end use and country.
  • Based on end use, the North America ready mix concrete market is segmented into residential, commercial, and others. The residential segment held the largest market share in 2022.
  • Based on country, the North America ready mix concrete market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.
Vicat SA; LafargeHolcim; Buzzi Unicem S.p.A; BARNEY AND DICKENSON INC; R.W. Sidley, Inc.; CEMEX S.A.B. DE C.V.; and HeidelbergCement AG are the leading companies operating in the North America ready mix concrete market.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data

4. North America Ready Mix Concrete Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. North America Ready Mix Concrete Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Commercial and Residential Construction Projects
5.1.2 High Government Spending on Infrastructure Projects
5.2 Market Restraints
5.2.1 Pollution Caused by Commercial Ready Mix Concrete Production Plants in Metro Cities
5.3 Market Opportunities
5.3.1 Development of Sustainable Low Carbon Range Ready Mix Concrete
5.4 Market Trends
5.4.1 Utilization of Ready Mix Concrete in 3D Printing Process
5.5 Impact Analysis of Drivers and Restraint

6. Ready Mix Concrete - North America Market Analysis
6.1 North America Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
6.2 North America Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)

7. North America Ready Mix Concrete Market Analysis - By End Use
7.1 Overview
7.2 Ready Mix Concrete Market, By End Use (2021 and 2028)
7.3 Residential
7.3.1 Overview
7.3.2 Residential: Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
7.3.3 Residential: Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Commercial
7.4.1 Overview
7.4.2 Commercial: Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
7.4.3 Commercial: Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
7.5.3 Others: Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)

8. North America Ready Mix Concrete Market - by Country Analysis
8.1 North America: Ready Mix Concrete Market
8.1.1 North America: Ready Mix Concrete Market, by Key Country
8.1.1.1 US: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.2 US: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.2.1 US: Ready Mix Concrete Market, by End-Use
8.1.1.3 Canada: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.4 Canada: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.4.1 Canada: Ready Mix Concrete Market, by End-Use
8.1.1.5 Mexico: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.6 Mexico: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.6.1 Mexico: Ready Mix Concrete Market, by End-Use

9. Industry Landscape
9.1 Overview
9.2 Market Initiative
9.3 New Product Development

10. Company Profiles
10.1 Vicat SA
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 LafargeHolcim
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Buzzi Unicem S.p.A
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 BARNEY AND DICKENSON INC.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 R.W. Sidley, Inc.
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 CEMEX S.A.B. DE C.V.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 HEIDELBERGCEMENT AG
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments

11. Appendix
11.1 About the Publisher
11.2 Glossary of Terms

List of Tables
Table 1. North America Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Table 2. North America Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. US Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 4. US Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 6. Canada Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 8. Mexico Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 9. Glossary of Terms

List of Figures
Figure 1. North America Ready Mix Concrete Market Segmentation
Figure 2. North America Ready Mix Concrete Market Segmentation - By Country
Figure 3. North America Ready Mix Concrete Market Overview
Figure 4. North America Ready Mix Concrete Market, By End Use
Figure 5. North America Ready Mix Concrete Market, By Country
Figure 6. North America Porter's Five Forces Analysis
Figure 7. North America Ready Mix Concrete Market - Ecosystem
Figure 8. North America Expert Opinion
Figure 9. North America Ready Mix Concrete Market Impact Analysis of Drivers and Restraints
Figure 10. North America Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
Figure 11. North America Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Ready Mix Concrete Market Revenue Share, By End Use (2021 and 2028)
Figure 13. Residential: North America Ready Mix Concrete Market - Volume and Forecast To 2028 (Million Cubic Meter)
Figure 14. Residential: North America Ready Mix Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Commercial: North America Ready Mix Concrete Market - Volume and Forecast To 2028 (Million Cubic Meter)
Figure 16. Commercial: North America Ready Mix Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. Others: North America Ready Mix Concrete Market - Volume and Forecast To 2028 (Million Cubic Meter)
Figure 18. Others: North America Ready Mix Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. North America: Ready Mix Concrete Market, by Key Country - Revenue (2021) (US$ Million)
Figure 20. North America: Ready Mix Concrete Market Revenue Share, by Key Country (2021 and 2028)
Figure 21. US: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 22. US: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 23. Canada: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 24. Canada: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 25. Mexico: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 26. Mexico: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Vicat SA
  • LafargeHolcim
  • Buzzi Unicem S.p.A
  • BARNEY AND DICKENSON INC
  • R.W. Sidley, Inc.
  • CEMEX S.A.B. DE C.V.
  • HeidelbergCement AG

Table Information