London, England -- (SBWIRE) -- 11/16/2010 -- The United States represents a major market in the world ready-mix concrete market. However, the growth in the mature western countries clearly lags behind the projected market growth in emerging countries. Ready mix concrete markets in Asia and Latin America are driven by the growth in infrastructure and commercial sectors. In the African and the Middle East markets, significant increase in the self-construction and residential sectors positively impacted the momentum in the ready mix concrete market.
The world market for Ready-Mix Concrete is projected to reach $105.2 billion by the year 2015. This is primarily driven by rapid growth in infrastructure, residential sectors, and non-residential sectors in various parts of the world. Further, the rapidly growing demand for the ready-mix concrete in urban areas will also contribute to the market growth.
Ready-mix concrete industry plays a vital role in construction sector. The market is more prominent in developed regions including the US, and most of the Western European regions such as France, Germany, Italy, the UK, and Spain. Conversely, in the case of developing markets such as China, India, Brazil, South Africa, and others, this is a small, but growing market. The main factor responsible for the ready-mix concrete market's growth is high demand for such concrete, especially in urban areas. Ready-mix concrete is mainly useful for buildings that are located in congested locations that provide little space for storing aggregates and mixer siting. Ready-mix concrete is useful when small amounts of concrete is needed or in case concrete is to be placed periodically. Some factors affecting the ready-mix concrete industry include environmental concerns, maintaining professional standards, and regional laws related to heavy transportation.
Ready mix concrete industry is a highly competitive industry. The competitors range from small-scale, owner-operated private suppliers to operating units/subsidiaries of large, vertically integrated cement and aggregates manufacturers. Usually, vertically integrated manufacturers possess greater manufacturing, marketing, and financial resources than others in the industry and enjoy competitive advantage over others.
The report titled Ready-Mix Concrete: A Global Strategic Business Report provides a comprehensive review of market trends, product overview, competition, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of value sales for regions including the US, Canada, Japan, Europe, Asia-Pacific, Middle East and Latin America.
Key players profiled in the report include Aggregate Industries Holdings Ltd., Buzzi Unicem S.p.A., Dyckerhoff AG, CEMEX, S.A. de C.V., CEMEX UK Operations Ltd., CRH plc, Hanson Cement Ltd., HeidelbergCement AG, Holcim Ltd., Italcementi Group, Lafarge Aggregates & Concrete, Tarmac Limited, Texas Industries Inc., U.S. Concrete Inc., Vicat SA, and Vulcan Material Company.
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