Concrete Materials Market Report 2026

The concrete materials market size has grown steadily in recent years. It will grow from $316.42 billion in 2025 to $328.42 billion in 2026 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to growth in residential and non-residential construction, expansion of road and highway networks, rising infrastructure development for tunnels and dams, increased use of precast concrete in commercial projects, adoption of reinforced concrete for structural stability.

The concrete materials market size is expected to see steady growth in the next few years. It will grow to $377.38 billion in 2030 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to increasing demand for sustainable and low-carbon concrete, expansion in smart city projects, rising use of ready-mix concrete for faster construction, growth in urban infrastructure projects, increased adoption of advanced concrete technologies in industrial buildings. Major trends in the forecast period include rising adoption of high-performance concrete mixes, growing use of precast concrete elements, increasing implementation of eco-friendly and low-carbon concrete, expansion of ready-mix concrete solutions, integration of automation and smart monitoring in concrete production.

The advancement of the construction sector is anticipated to drive the growth of the concrete materials market in the near future. The construction industry encompasses the manufacturing and trade involved in building, renovating, restoring, and maintaining infrastructure. Concrete materials possess key characteristics such as high strength, durability, cost-effectiveness, inertness, and versatility, making them ideal for constructing various structures, including dams, residential and commercial buildings, roads, driveways, marine constructions, culverts, sewers, and foundations. For example, in November 2023, the Office of National Statistics, a UK-based statistical authority, reported a remarkable 15.8% increase in total new work construction output, reaching a historic value of £132.98 billion in 2023. Additionally, in 2022, total new work rose by £18.16 billion, with private sector growth at 16.8% and public sector growth at 13.1%. Consequently, the development of the construction sector is fueling the growth of the concrete materials market.

Leading companies in the concrete materials market are prioritizing the development of high-performance technologies, such as concrete recycling technology, to enhance revenues in the industry. Concrete recycling technology facilitates the transformation of concrete waste into reusable materials, minimizing landfill impact and promoting sustainability within the construction sector. For example, in July 2024, Heidelberg Materials, a US-based software firm, unveiled new concrete recycling technology aimed at mitigating the environmental effects of concrete production, which significantly contributes to global CO₂ emissions. One innovative method involves utilizing electric arc furnaces (EAFs), typically used in steel recycling, to recycle cement. Researchers from the University of Cambridge have developed a technique where recycled cement substitutes lime flux in the EAF process, enabling large-scale production of green concrete. This approach not only diminishes the carbon footprint associated with cement production but also seeks to achieve net-zero emissions when powered by renewable energy.

In April 2024, Martin Marietta Materials, Inc., a US-based supplier of construction materials, acquired the aggregates operations from affiliates of Blue Water Industries LLC for an undisclosed amount. The purpose of this acquisition is to expand Martin Marietta's geographic footprint in key growth markets, enhance its product mix and margin profile, and bolster its capacity for future growth by acquiring approximately 1 billion tons of proven high-quality reserves. Blue Water Industries LLC is a US-based manufacturing company that focuses on producing and supplying construction materials.

Major companies operating in the concrete materials market report are CEMEX S.A.B. de C.V., CRH plc, HeidelbergCement AG, LafargeHolcim Group, Vicat SA, Cementir Holding S.p.A., Buzzi Unicem S.p.A., Titan Cement Company Inc., Taiheiyo Cement Corporation, Sumitomo Osaka Cement Co. Ltd., UltraTech Cement Limited, ACC Limited, JSW Cement Ltd., China National Building Material Company Limited, Adelaide Brighton Limited, QUIKRETE Holdings Inc., Xella Group, Eagle Materials Inc., Martin Marietta Materials Inc., Vulcan Materials Company.

Asia-Pacific was the largest region in the concrete materials market in 2025. Asia-Pacific is expected to be the fastest-growing region in the concrete materials market report during the forecast period. The regions covered in the concrete materials market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the concrete materials market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The concrete materials market consists of sales of normal strength concrete, plain or ordinary concrete, prestressed concrete, volumetric concrete, polymer concrete, smart concrete, and asphalt concrete. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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