Ready-Mix Concrete Market to grow at a CAGR of 4% by 2024 |Market Analysis with Plan and Strategies |17000+ Technavio Reports

·4 min read

NEW YORK, Oct. 25, 2021 /PRNewswire/ -- The ready-mix concrete market is set to grow by USD 156.29 billion, progressing at a CAGR of 4% from 2020 to 2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Attractive Opportunities in Ready-Mix Concrete Market by Application and Geography - Forecast and Analysis 2020-2024
Attractive Opportunities in Ready-Mix Concrete Market by Application and Geography - Forecast and Analysis 2020-2024

To know more about trends, challenges & drivers - Download a Free Sample Report!

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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. The high preference for ready-mix concrete and the growing popularity of geopolymers will offer immense growth opportunities. However, the presence of stringent regulations related to raw materials will challenge the growth of the market participants.

Ready-Mix Concrete Market 2020-2024: Segmentation

  • Application

  • Geography

Ready-Mix Concrete Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.

The report also covers the following areas:

Get lifetime access to our Technavio Insights. Subscribe now to our most popular "Lite Plan" billed annually at USD 3000. View 3 reports monthly and Download 3 Reports Annually!

Ready-Mix Concrete Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist ready-mix concrete market growth during the next five years

  • Estimation of the ready-mix concrete market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the ready-mix concrete market

  • Analysis of the market's competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of ready-mix concrete market vendors

Related Reports:
Concrete Market -The concrete market share should rise by USD 67.09 billion from 2021 to 2025 at a CAGR of 2.92%. Download a free sample report now!

Dry Construction Market -The dry construction market has the potential to grow by USD 22.56 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 4.75%. Download a free sample now!

Ready-Mix Concrete Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2020-2024

USD 156.29 billion

Market structure

Fragmented

YoY growth (%)

-4.45

Regional analysis

APAC, MEA, Europe, South America, and North America

Performing market contribution

APAC at 54%

Key consumer countries

China, India, Iran (Islamic Republic of Iran), Turkey, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download a free sample now to uncover highlights deployed by Companies of the ready-mix concrete market.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact:
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)
Technavio (PRNewsfoto/Technavio)
Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/ready-mix-concrete-market-to-grow-at-a-cagr-of-4-by-2024-market-analysis-with-plan-and-strategies-17000--technavio-reports-301406556.html

SOURCE Technavio

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting