The global Ready-mix concrete Market was valued at $18.54 Billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $32.7 Billion.
Ready-mixconcrete refers to concrete that is particularlycollected or assembled for customers’ construction projects. It is a mixture of Portland cement, water,and sand, gravel, or stone.
It is delivered in two ways one is the container truck which is the cylindrical type. it carries the material to the location in plastic state &another one is also a ready mix in drystate& then mixes the concrete on location.
“Optimal Price Point (OPP) for Ready-mix concrete Products”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the China Ready-mix concrete materialsare available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Ready-mix concrete markets “by Applications”
We have segmented the Ready-mix concretealloy based on the application as
- Commercial building
- Residential building
- Industrial utilities
Ready-mix concrete, add to a range of projects on a residential, commercial, and industrial level. The beauty of ready-mix concrete lies in its flexibility and capability to be achieved into almost any home, building projects, associated space or road &organization development for example
Concrete for the special foundation of wall, tiles, support walls.Concrete for structures of bulkheads, tiles, column, girders, trenches.
Chinaaccounted for the maximum revenue share of over xx% in 2017 due to increased demandof Ready mix concrete followed by EU- Top 5 countries contribute $X.6 Billion in 2017 and expected to reach $x.5 Billion by 2023.
Rapid growth of industries in the field of cement industries and availability of Ready mix concrete materialsoption create an impact in developing countries for the demand of Building projects, construction etc.
“Competitive Landscape”and“Merger & Acquisition Insights”
The key market participants include LafargeHolcim, CNBM, Anhui Conch, Heidelberg Cement, Jidong, Cemex, China Resources, Shanshui, Italcementi, Taiwan cement, Votoranti, Ultratech Tianrui, Jaypee group, are few major players in Ready mix concrete markets. The market for ready-mix concretes is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Ready-mix concrete market by Application(Revenue, Million, 2014 – 2025)
- Commercial buildings
- Residential buildings
- Industrial utilities
Ready-mix concrete materials Market Regional Outlook (Revenue,USD Million, 2014- 2025)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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