Connect with us

Plato Vertical Search


New Analysis from Global Industry Analysts Reveals Steady Growth for Ready-Mix Concrete, with the Market to Reach $569.9 Billion Worldwide by 2026

Edition: 20; Released: September 2021
Executive Pool: 8103
Companies: 301 – Players covered include ACC Limited; Barney & Dickenson, Inc.; Buzzi Unicem SpA; CEMEX S.A.B. DE C.V.; CRH plc (Ireland); Dillon Bros Concrete LLC; HeidelbergCement AG; Hanson UK; LafargeHolcim Ltd.; Livingston’s Concrete Service, Inc.; Martin Marietta Inc.; Prism Johnson Limited; R.W. Sidley, Inc.; U.S. Concrete, Inc.; UltraTech Cement Ltd.; Vicat SA; Vulcan Materials Company and Others.
Coverage: All major geographies and key segments
Segments: Type (Transit Mix, Central Mix, Shrink Mix); Application (Residential, Infrastructure, Commercial, Industrial)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Turkey; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry


Global Ready-Mix Concrete Market to Reach US$569.9 Billion by the Year 2026
Ready-mix concrete (RMC) is defined as a ready to use material that contains predetermined combination of aggregates, sand, water, and cement. Growth in the global market is led by high demand for such concrete, especially in urban areas. Recovering construction activity in developed economies and strong growth opportunities for residential and infrastructure construction projects in developing nations is expected to boost demand for construction materials in the future years. Other factors affecting the ready-mix concrete industry include environmental concerns; changes in lending standards and interest rates; and regional laws related to heavy transportation. In addition, regulatory mandates are spurring companies to invest in sustainable and advanced construction technologies, resulting in the development of new types of construction materials. For instance, new production technologies are enabling ready-mix concrete suppliers to continuously produce concrete volumes of more than 100 cubic meters per hour. Moreover, the addition of all ingredients, such as cement and aggregates are automated, including pre-treatment, for unhindered all-weather operation.

Amid the COVID-19 crisis, the global market for Ready-Mix Concrete estimated at US$378.5 Billion in the year 2020, is projected to reach a revised size of US$569.9 Billion by 2026, growing at a CAGR of 7.2% over the analysis period. Transit Mix, one of the segments analyzed in the report, is projected to grow at a 6.5% CAGR to reach US$339.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Central Mix segment is readjusted to a revised 8.2% CAGR for the next 7-year period. This segment currently accounts for a 28.7% share of the global Ready-Mix Concrete market. Transit mixed concrete is the most commonly used type of ready-mix concrete. The transit-mixed concrete prevents issues associated with slump loss or early hardening of the concrete. In case of centrally mixed concrete, a stationary mixer blends the concrete materials before loading into the truck mixer. Major advantage of central mixing is faster batching and minimal wear of the truck mixer drums.

The U.S. Market is Estimated at $49 Billion in 2021, While China is Forecast to Reach $222 Billion by 2026
The Ready-Mix Concrete market in the U.S. is estimated at US$49 Billion in the year 2021. The country currently accounts for a 12.3% share in the global market. China, the world’s second largest economy, is forecast to reach an estimated market size of US$222 Billion in the year 2026 trailing a CAGR of 8.2% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 5.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR while Rest of European market (as defined in the study) will reach US$241.7 Billion by the end of the analysis period. Developing economies are expected to lead growth in the global market led by improving construction activity, continuous industrialization in regional powerhouses such as China and India, increasing income levels, higher spending power, improving standards of living, and resulting higher demand for residential and commercial constructions. The developed markets show an increasing penchant for ready-mix concrete as compared to traditional site mixing.

Shrink Mix Segment to Reach $79.9 Billion by 2026
Shrink-mixed concrete refers to the type of ready-mix concrete prepared at the manufacturing units. The components are added to the batching plants, and the volumes are adjusted as per the strength requirements of the concrete. The concrete is then shifted through concrete pumps. In the global Shrink Mix segment, USA, Canada, Japan, China and Europe will drive the 6.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$34.3 Billion in the year 2020 will reach a projected size of US$57.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$15.3 Billion by the year 2026, while Latin America will expand at a 7.7% CAGR through the analysis period. More

MarketGlass™ Platform
Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include – enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

Our platform is free for qualified executives and is accessible from our website or via our just released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., ( is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: [email protected]

Join Our Expert Panel

Connect With Us on LinkedIn

Follow Us on Twitter

Journalists & Media
[email protected]

SOURCE Global Industry Analysts, Inc.

New Analysis from Global Industry Analysts Reveals Steady Growth for Ready-Mix Concrete, with the Market to Reach $569.9 Billion Worldwide by 2026

Related Links

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.


Related Streams


Costa Rica’s proposed hemp and medical cannabis law was passed by the Legislative Assembly on January 13, after a 29-10 vote. But what should...


Two Point Campus now has a release date: 17th May.It's coming out across PC and consoles: Xbox, PlayStation and Switch. It's also coming to...


Giftable Atari NFTs are being released for the company's 50th anniversary.Produced by Republic Realm, active developers in the metaverse and NFT ecosystem, the "GFTs"...


Years into Colorado's recreational cannabis boom, Colorado Springs still doesn't have legal, recreational cannabis sales. The post Colorado Springs Group Launches Bid to Legalize...