Global Ready-Mixed Concrete Market Growth Outlook 2027 with ACC, Barney and Dickenson, Buzzi Unicem SpA
Stratistics MRC Report, Ready Mix Concrete Market Forecast to 2027 – Global Analysis Application, Key Players, Types, End User and by Geography
MARYLAND, GAITHERSBURG, UNITED STATES, December 7, 2021 /EINPresswire.com/ – According to Stratistics MRC, the global ready-mixed concrete market is worth $ 656.10 billion in 2019 and is expected to reach $ 1,996.21 billion by 2027, with a CAGR of 9.9% as of during the forecast period. The development of smart cities and the continuous development of infrastructure in emerging economies are the main growth factors of the market. However, the ease of availability of potential substitutes is holding back the growth of the market. Some of the major players featured in the ready mix concrete market include ACC Ltd, Barney and Dickenson Inc, Buzzi Unicem SpA, CEMEX SAB de CV, Heidelberg Cement, Holcim Ltd, Lafarge RW, Sidley Inc, SIKA group, UltraTech Cement , Vicat SA and Vulcan Materials Company CRH plc.
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On the basis of applications, the residential segment is likely to have huge demand due to rapid population growth, favorable government policies and disposable income of individuals in India and China. Geographically, Asia-Pacific will experience lucrative growth during the forecast period due to the rapid infrastructure development in India and China. Government reforms aimed at developing road infrastructure in China and India in order to thrive industrial development in the region are expected to have a positive impact on the industry.
The Ready Mix Concrete Market report provides in-depth study and industry forecast covering the comprehensive overview of the market which will help convey the customers and business strategies. The industry’s supply chain and market size, in terms of value, have been determined through extensive research methods. Our report enables readers to understand market details, latest trends, key drivers and restraints, opportunities, threats, volume and value forecast, and various investment opportunities for manufacturers operating in the global markets and regional. The Ready Mix Concrete report also offers company profiling with detailed strategies, financials, key products and recent developments as well as a SWOT analysis of profiled players and Porters’ five strengths for in-depth insights.
This report offers market surveillance related to a particular area of customer interest and provides up-to-date information related to strategic initiatives such as mergers, acquisitions, partnerships, expansions, product launches for major companies on a regional scale. depending on the subscription period of customers for various industries or markets. Our data is constantly updated and reviewed by a team of research experts to always reflect recent trends and information. We have extensive experience in research and consulting for different areas of activity to meet the needs of individual and corporate clients. Our experienced team uses proprietary data sources and different tools and methods to collect and analyze information.
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