The ready-mix concrete market is expected to grow by USD 156.29 billion, progressing at a CAGR of over 4% during the forecast period.
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Technavio has announced its latest market research report titled Global Ready-Mix Concrete Market 2020-2024 (Graphic: Business Wire)

The high preference for ready-mix concrete is one of the major factors propelling market growth. However, factors such as presence of stringent regulations related to raw materials will hamper the market growth.

More details: https://www.technavio.com/report/ready-mix-concrete-market-industry-analysis

Ready-Mix Concrete Market: Application Landscape

The increasing non-residential construction across the world will boost the growth of the ready-mix concrete market in this segment. This market research report provides an accurate prediction of the contribution of all the segments to the growth of the ready-mix concrete market size. Market growth in this segment will be slower than the growth of the market in the residential segment.

Ready-Mix Concrete Market: Geographic Landscape

APAC was the largest ready-mix concrete market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The rising number of construction activities will significantly drive ready-mix concrete market growth in this region over the forecast period. 54% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for ready-mix concrete in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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Companies Covered:

• 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

• Votorantim SA

What our reports offer:

• Market share assessments for the regional and country-level segments

• Strategic recommendations for the new entrants

• Covers market data for 2019, 2020, until 2024

• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

• Strategic recommendations in key business segments based on the market estimations

• Competitive landscaping mapping the key common trends

• Company profiling with detailed strategies, financials, and recent developments

• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem

• Value chain analysis

Market Sizing

• Market definition

• Market segment analysis

• Market size 2019

• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary

• Bargaining power of buyers

• Bargaining power of suppliers

• Threat of new entrants

• Threat of substitutes

• Threat of rivalry

• Market condition

Market Segmentation by Application

• Market segments

• Comparison by Application

• Non-residential - Market size and forecast 2019-2024

• Residential - Market size and forecast 2019-2024

• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation

• Geographic comparison

• APAC - Market size and forecast 2019-2024

• MEA - Market size and forecast 2019-2024

• Europe - Market size and forecast 2019-2024

• South America - Market size and forecast 2019-2024

• North America - Market size and forecast 2019-2024

• Key leading countries

• Market opportunity by geography

• Market drivers

• Market challenges

• Market trends

Vendor Landscape

• Vendor landscape

• Landscape disruption

• Competitive scenario

Vendor Analysis

• Vendors covered

• Market positioning of vendors

• 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

• Votorantim SA

Appendix

• Scope of the report

• Currency conversion rates for US$

• Research methodology

• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210104005883/en/

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