Global Ready-Mix Concrete Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Central Mixed, Shrink Mixed, and Transit Mixed.

By Production;

On-Site and Off-Site .

By Application;

Residential, and Non-residential - Infrastructure, Commercial, and Industrial/Institutional.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn958848219 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Ready-Mix Concrete Market (USD Million), 2021 - 2031

In the year 2024, the Global Ready-Mix Concrete Market was valued at USD 535,761.42 million. The size of this market is expected to increase to USD 733,995.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.


Global Ready-Mix Concrete Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.6 %
Market Size (2024)USD 535,761.42 Million
Market Size (2031)USD 733,995.21 Million
Market ConcentrationHigh
Report Pages348
535,761.42
2024
733,995.21
2031

Major Players

  • CEMEX S.A.B. de C.V
  • LafargeHolcim
  • Heidelberg Cement AG
  • UltraTech Cement Ltd
  • BuzziUnicem S.p.A
  • BBMG Corporation
  • Foshan Huijiang Concrete Co., Ltd
  • OYAK Cement
  • SAMPYO GROUP
  • Shanghai Construction Group(SCG)
  • Vicat
  • Votorantim Cimentos

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Ready-Mix Concrete Market

Fragmented - Highly competitive market without dominant players


The global ready-mix concrete market stands as a cornerstone in the construction industry, serving as the backbone for infrastructure development worldwide. With an ever-growing demand for durable and efficient building materials, ready-mix concrete emerges as a preferred choice due to its consistency, quality, and time-saving attributes. This market segment plays a pivotal role in accelerating construction timelines, ensuring project efficiency, and meeting stringent quality standards across diverse applications, from residential buildings to commercial complexes and infrastructure projects.

The global ready-mix concrete market has witnessed significant expansion, driven by urbanization, population growth, and infrastructural investments in both developing and developed economies. Rapid industrialization, coupled with governmental initiatives for sustainable urban development and infrastructure modernization, further propels the demand for ready-mix concrete. Additionally, technological advancements in mixing techniques, additives, and admixtures continue to enhance the performance and durability of ready-mix concrete, catering to the evolving needs of the construction industry.

The market dynamics are influenced by factors such as fluctuating raw material prices, environmental regulations, and shifting consumer preferences towards eco-friendly construction materials. As sustainability takes center stage in the construction sector, manufacturers are increasingly focusing on developing innovative solutions that reduce carbon footprint and promote recyclability. With robust growth prospects and ongoing advancements, the global ready-mix concrete market remains poised for expansion, offering lucrative opportunities for stakeholders across the construction value chain.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Production

    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Ready-Mix Concrete Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Infrastructure Development
        3. Population Growth
      2. Restraints
        1. Environmental Regulations
        2. Supply Chain Disruptions
        3. Fluctuating Raw Material Prices
      3. Opportunities
        1. Green Building Trends
        2. Innovative Product Development
        3. Infrastructure Investments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Ready-Mix Concrete Market, By Product, 2021 - 2031 (USD Million)
      1. Central Mixed
      2. Shrink Mixed
      3. Transit Mixed
    2. Global Ready-Mix Concrete Market, By Production, 2021 - 2031 (USD Million)
      1. On-Site
      2. Off-Site
    3. Global Ready-Mix Concrete Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Non-residential
        1. Infrastructure
        2. Commercial
        3. Industrial/Institutional
    4. Global Ready-Mix Concrete Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. CEMEX S.A.B. de C.V
      2. LafargeHolcim
      3. Heidelberg Cement AG
      4. UltraTech Cement Ltd
      5. BuzziUnicem S.p.A
      6. BBMG Corporation
      7. Foshan Huijiang Concrete Co., Ltd
      8. OYAK Cement
      9. SAMPYO GROUP
      10. Shanghai Construction Group(SCG)
      11. Vicat
      12. Votorantim Cimentos
  7. Analyst Views
  8. Future Outlook of the Market