Authored By: Sarah
19 Oct 2021

Concrete Market: Key Geographies that will Drive Growth

Geographical Analysis and Market Highlights 2021-2025

The concrete market is set to grow by $ 67.09 bn, accelerating at a CAGR of almost 2.92% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.


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Concrete Market: APAC to lead market growth during the forecast period

  • APAC emerged as the leading geographical segment in recent years and is expected to contribute 43% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the concrete market size.
  • Increased demand for stamped concrete for flooring applications will be a significant factor in driving the growth of the concrete market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
  • Market is segmented by Type (ready-mix concrete, precast elements, and precast products) and Geography (APAC, Europe, North America, South America, and MEA).

Concrete Market to Post Incremental Growth of $ 67.09 bn During 2021-2025 | Key Geographies that will Drive Growth

Concrete Market: Key Competitors

Some of the leading vendors in this market are Adelaide Brighton Ltd., Cementir Holding NV, CEMEX SAB de CV, China National Building Material Co. Ltd., CRH Plc, Fujairah Cement Industries PJSC, HeidelbergCement AG, LafargeHolcim Ltd., PPC Ltd., and Sumitomo Osaka Cement Co. Ltd.. The market is fragmented and the growth of the players in this market is dependent on several factors such as prevalent market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 2.92%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 67.09 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increased demand for stamped concrete for flooring applications will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    43% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Adelaide Brighton Ltd., Cementir Holding NV, CEMEX SAB de CV, China National Building Material Co. Ltd., CRH Plc, Fujairah Cement Industries PJSC, HeidelbergCement AG, LafargeHolcim Ltd., PPC Ltd., and Sumitomo Osaka Cement Co. Ltd.
     
  7. What are the market segments covered in this report?
    The market is segmented by Type (ready-mix concrete, precast elements, and precast products) and Geography (APAC, Europe, North America, South America, and MEA).

Market Segmentation by Type

    • Concrete Market Split by Type
      • ready-mix concrete
      • precast elements
      • precast products
    • Concrete Market Split by Geography
      • APAC
      • Europe
      • North America
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Adelaide Brighton Ltd.
  • Cementir Holding NV
  • CEMEX SAB de CV
  • China National Building Material Co. Ltd.
  • CRH Plc
  • Fujairah Cement Industries PJSC
  • HeidelbergCement AG
  • LafargeHolcim Ltd.
  • PPC Ltd.
  • Sumitomo Osaka Cement Co. Ltd.

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