This report provides exclusive insights into the COVID-19 impact on the Ready-mix Concrete Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Ready-mix Concrete Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Ready-mix Concrete Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
ready-mix concrete market provides in-depth analysis of segments and
sub-segments in the global as well as regional ready-mix concrete market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional ready-mix concrete market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of global ready-mix concrete market. According to the
report, the global ready-mix concrete market is projected to grow at a CAGR of
8.9% over the forecast period of 2019-2025.
Ready-mix concrete is a mixture of cement, aggregates,
supplementary materials, water in defined proportions. The proportion of all
ingredients is important to get the targeted strength and durability.
Infrastructure development is a major factor in driving market growth.
Companies operating in the global ready-mix concrete market are adopting
strategies such as mergers, acquisitions, and new product launches that
maximize their market share.
The initiation of smart cities program with good
infrastructure, by the government to offer a high quality of life drives the
growth of the ready-mix concrete market. Ready-mix concrete is preferred over
traditional concrete as it provides greater convenience, ease of use, and
better quality. The rising Foreign Direct Investment (FDI) and Public Private
Partnership (PPP) projects in the construction of infrastructure projects contribute
to the growth of the ready-mix concrete market. Time constraints in
infrastructure development projects in urban areas boost the demand for the
ready-mix concrete market. Furthermore, rapid urbanization, growing population,
and government infrastructural plans propel the growth of the ready-mix
concrete market. On the flip side, the high initial investment required to set
up RMC production plants hinders the growth of the ready-mix concrete market.
Moreover, infrastructural development in emerging economies creates novel
opportunities for the growth of the ready-mix concrete market.
Based on geography, the global ready-mix concrete market is
divided into North America, Asia-Pacific, Europe, and the Rest of the World.
Asia-Pacific region is expected to hold a premium share in the global ready-mix
concrete market. The increasing number of infrastructural projects in
developing countries such as India, China contributes to the growth of the
ready-mix concrete market in the Asia-Pacific region. North America is
anticipated to grow in the global ready-mix concrete market with a healthy CAGR
over the forecast period. Europe is growing in the global ready-mix concrete
The report on global ready-mix concrete market covers
segments such as application. On the basis of application, the sub-markets
include commercial building, residential building, industrial utilities, and
The report provides profiles of the companies in the market
such as Ultra-Tech Cement Limited, Hanson Ltd., Barney & Dickenson, Inc.,
Buzzi Unicem S.p.A., LafargeHolcim Ltd., Dilon Bros Ready Mix Concrete, LLC,
Vicat S.A., ACC Ltd., CEMEX S.A.B.de C.V., R.W. Sidley, Inc., and Other
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of ready-mix
concrete market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.