The ready-mix concrete market size is anticipated to grow rapidly at a CAGR of 6% during the forecast period 2022-2030. The global ready-mix concrete market size is driven by improving infrastructure and airport expansion projects and demand for ready-mix concrete. These factors have helped shape the ready-mix concrete market size and are expected to boost the growth. Companies in the ready-mix concrete market size could also face challenges such as high cost of resources and unorganized labour segment. The details covered in the ready-mix concrete market size report cover all the aspects of the industry. ready-mix concrete market size analysts have also shared growth projections in the report and have suggested ready-mix concrete market size players to plan growth strategies accordingly.
Market Segmentation
The global ready-mix concrete market size has been segmented based on production and application. On the basis of production, the market for ready-mix concrete is segmented based on on-site and off-site. Additionally, the market on the basis of application, is segmented into residential, industrial utilities, commercial, and infrastructure..
Factors like government spending on construction and growing population support the ready-mix concrete market size growth. The performance of ready-mix concrete market size has also been studied for the past and current years. Additionally, the ready-mix concrete market size report provides analysis of these segments. The ready-mix concrete market size segmental analysis provided in the report offers major details about the ready-mix concrete market size performance and future.
Regional Overview
Companies in the ready-mix concrete market size are spread across the world. The ready-mix concrete market size report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American ready-mix concrete market size has many companies across the United States, Canada, and Mexico. Europe has companies in the ready-mix concrete market size across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the ready-mix concrete market size across India, China, and Japan in the Asia-Pacific region is also presented in the report. The ready-mix concrete market size of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the ready-mix concrete market size can be found in the market research report.
Competitive Landscape
The ready-mix concrete market size is supported by rapid urbanization. The population growth around the world and increasing demand of ready-mix concrete market size based services and products also support the market growth. However, the ready-mix concrete market size growth can be affected due to intense competition and declining profit margins in some countries. The report covers all such details which will help companies in the ready-mix concrete market size to strengthen their business plan and improve their product portfolio. The ready-mix concrete market size research report also provides company profiles of major companies. The company profiles of many organizations operating in the ready-mix concrete market size report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the ready-mix concrete market size. New companies and established businesses can plan their strategies based on this data provided in the ready-mix concrete market size research report.
The industry giants in the global ready-mix concrete market size include ACC Limited (India), Vicat SA (France), Barney & Dickenson, Inc. (U.S.), Lafarge (France), Buzzi Unicem S.p.A. (Italy), R.W. Sidley, Inc. (U.S.), Italcementi Group (Italy), Holcim Ltd.( Switzerland), CEMEX S.A.B. de C.V. ( Mexico), UltraTech Cement Limited ( India), and HeidelbergCement (Germany)
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Industry News
McMurry Ready-Mix Co.’s assets have been acquired by Knife River Corp. The cement and concrete provider based in Casper has extended its Intermountain Area presence. A McMurry concrete plant on the west side of the city will act as a gateway to a mixed site prepared for the Knife River. Under its brand, McMurray aggregate sites will run with total reserves valued at 100 million tonnes. In addition to Knife River's eastern Casper site, the company also has a ready-mix plant on the west side of Casper. Cheyenne and Laramie, Wyoming, as well as areas across Montana and Idaho are all part of Knife River's Intermountain activities.
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