Global Ready-Mix Concrete Market insights to 2022 profiling top key players like Cemex, Holcim, HeidelbergCement, Lafarge, CRH Plc, Buzzi Unicem, Italcementi, Cimpor, Votorantim, US Concrete
Pune, India -- (SBWIRE) -- 02/01/2018 -- The Ready Mix Concrete market is expected to be worth USD 900+ Billion by 2023 a new report The is an overall Growth in infrastructure projects, including roads, bridges and dams in developing countries . The increase in government spending on power plants, manufacturing facilities and construction infrastructure, along with an increasing population, will also drive the Growth of the industry. Commercial applications will see significant growth , Growing at a CAGR of +7% by 2023 Population growth and rapid economic development in emerging countries, including China, South Korea and India are expected to stimulate demand for construction of commercial buildings such as shopping malls, schools, offices, universities, banks and hospitals.
RMC is increasingly used as a building material for residential and commercial buildings, manufacturing facilities, energy power stations, roads and runways. Along with the trend of urbanization, the development of infrastructure in emerging economies is one of the key elements expected to lead industrial growth during the forecast period.
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Increasing construction spending in light of urbanization, population growth and government infrastructure plans will increase market growth. The Government of India has launched a Smart City program to create a city with excellent infrastructure that provides a high quality of life through smart solutions that will drive demand for RMC.
Dealing with concrete from mixers to various work points was one of the biggest challenges of industry growth. Ready-mixed concrete can be transported anywhere with the help of trucks from the point of use to the workshop or handling equipment
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This research report provides an in-depth analysis of the global Ready-Mix Concrete Market based on enterprise size, services, solution, end-use industry, and geography. The report also provides an analysis of the factors that drive and restrain the growth of the Ready-Mix Concrete market. It discusses the prevailing market trends, prospective growth opportunities, and major strategies increasing the popularity of the global market. It provides market estimates and forecasts for all the segments in terms of revenue.
The report covers all the major trends and technologies playing a major role in the market growth over the forecast period. The competition in the global market for Ready-Mix Concrete will likely heat up in the next couple of years on the back of entry of a substantial number of solution providers. This statistical surveying report presents an all-inclusive assessment of the worldwide market for Ready-Mix Concrete, taking several market verticals, such as the production capacity, product pricing, the dynamics of demand and supply, sales volume, revenue, and the growth rate of this market into consideration.
Company Profiled: The Key Players operating in the Ready-Mix Concrete Market includes Cemex, Holcim, HeidelbergCement, Lafarge, CRH Plc, Buzzi Unicem, Italcementi, Cimpor, Votorantim, US Concrete