Ready-Mix Concrete: Discover Key Drivers that will Boost Growth
Synopsis of Growth Drivers with Market Forecast 2020-2024
The Ready-Mix Concrete Market is projected to post an incremental growth of USD 156.29 bn, at a CAGR of over 4% till 2024. This research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future ready strategies for growth and development.
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Ready-Mix Concrete Market: Top Drivers for Growth
Technavio has identified high preference for ready-mix concrete as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Ready-Mix Concrete Market: Segment List
This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Ready-Mix Concrete Market is segmented by Application (Non-residential and Residential) and Geography (APAC, MEA, Europe, South America, and North America). Request our Free Sample Report
Ready-Mix Concrete Market: ACC Ltd., CEMEX SAB de CV, EUROCEMENT Group, Geany Softech Pvt. Ltd., HeidelbergCement AG, LafargeHolcim Ltd., RDC Concrete (India) Pvt. Ltd., UltraTech Cement Ltd., Vicat group, and Votorantim SA are some of the leading competitors
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as 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. ACC Ltd., CEMEX SAB de CV, EUROCEMENT Group, Geany Softech Pvt. Ltd., HeidelbergCement AG, LafargeHolcim Ltd., RDC Concrete (India) Pvt. Ltd., UltraTech Cement Ltd., Vicat group, and Votorantim SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
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The report provides insights into the following FAQs:
Ready-Mix Concrete Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024
Technavio has been monitoring the ready-mix concrete market and it is expected to grow by USD 156.29 bn, accelerating at a CAGR of almost 4% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Ready-Mix Concrete Market: Key Trends to impact market growth
The growing popularity of geopolymers is one of the key ready-mix concrete market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Ready-Mix Concrete Market: Top Drivers to Boost Demand
The high preference for ready-mix concrete is one of the primary factors driving the growth of the ready-mix concrete market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: ACC Ltd., CEMEX SAB de CV and EUROCEMENT Group are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as 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. ACC Ltd., CEMEX SAB de CV, EUROCEMENT Group, Geany Softech Pvt. Ltd., HeidelbergCement AG, LafargeHolcim Ltd., RDC Concrete (India) Pvt. Ltd., UltraTech Cement Ltd., Vicat group, and Votorantim SA are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Ready-Mix Concrete Market: Key Highlights of the Report for 2020-2024
Ready-mix Concrete Market 2020-2024 | High Preference for Ready-mix Concrete Will Drive the Market Growth
The Global Ready-Mix Concrete Market is expected to grow by USD 156.29 billion accelerating at a CAGR of over 4% during the forecast period. Techanvio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers that are likely to impact the market in focus. Download our free sample report with COVID-19 analysis
Ready-Mix Concrete Market: Segmentation by Application
During 2019, the non-residential segment dominated the Global Ready-Mix Concrete Market in 2019. This segment primarily includes the construction of schools, colleges, amusement parks, hospitals, office spaces, retail outlets, roads, bridges, airports, and other commercial buildings. Ready-mix concrete is widely used in non-residential construction across the world, primarily due to a rise in the number of infrastructural development projects in emerging economies, such as China, India, Indonesia, Brazil, and Russia.
The growing popularity of geopolymers in concrete manufacturing will be one of the critical ready-mix concrete market trends. The use of geopolymers is increasing in cement because of their superior properties such as acid resistance, high-temperature control, and the ability to impart high strength to buildings. Geopolymer cement concretes (GPCCs), low carbon cements are inorganic polymer composites that have a low carbon footprint, high durability, superior strength, and several ecological advantages. Hence, GPCCs are being preferred over conventional Portland cement concrete for the construction of pavements, buildings, and water tanks. Such factors will boost the demand for ready-mix concrete driving market growth.
Ready-Mix Concrete Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as 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. ACC Ltd., CEMEX SAB de CV, EUROCEMENT Group, Geany Softech Pvt. Ltd., HeidelbergCement AG, LafargeHolcim Ltd., RDC Concrete (India) Pvt. Ltd., UltraTech Cement Ltd., Vicat group, and Votorantim SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio forecasts three scenarios (optimistic, probable, and pessimistic) to evaluate the impact of COVID-19 Download a Free Sample Report. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
