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.
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
Source: Yahoo Finance
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