India’s Ready-Mixed Concrete Market to Record CAGR of 4.68% in 2022 | Evolving opportunities with ACC Ltd., Godrej and Boyce Manufacturing Co. Ltd. & India Cements Ltd.

NEW YORK, February 16, 2022 /PRNewswire/ — The ready-mixed concrete market in India the size should increase by $1.47 billion, at CAGR of 6.15% from 2021 to 2026 according to the latest Technavio market report. Technavio’s latest offering, ready-mixed concrete market India The report provides a detailed analysis of the competitive scenario, drivers, challenges, trends and market growth across different regions. The growth of ready-mixed concrete market share in India speak transit mixed concrete segment will be important for revenue generation. Transit Mixed Concrete segment garners the largest share in terms of revenue and is expected to maintain its dominance in the product segment even during the forecast period. This type of concrete is produced under controlled conditions, helping to reduce dust pollution. These advantages are driving the adoption of transit mix concrete among builders and contractors in India. Additionally, the demand for transit mix concrete is increasing due to india increase in infrastructure, housing and commercial building projects. This, in turn, is expected to provide lucrative opportunities for the expansion of the ready-mixed concrete market through the transit-mixed concrete segment during the forecast period.

The latest market research report titled Ready Mix Concrete Market in India by Product and Application – Forecast and Analysis 2022-2026 has been announced by Technavio, which has been proud to partner with Fortune 500 companies for over 16 years

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Company Profiles

The ready-mixed concrete market in India is fragmented and sellers deploy organic and inorganic growth strategies to compete in the market. The ready-mixed concrete market in India The report provides comprehensive information about major vendors including ACC Ltd., Godrej and Boyce Manufacturing Co. Ltd., India Cements Ltd., JK Lakshmi Cement Ltd., JSW Cement Ltd., Nuvoco Vistas Corp. Ltd., Prism Johnson Ltd., RDC Concrete (India) Pvt. Ltd., The Ramco Cements Ltd. and UltraTech Cement Ltd.

Few companies with key offers

  • ACC Ltd. – The Company offers ready-mixed concrete products, including Eco pact, gypsum, refractory, anti-leaching concrete and admixtures, under the brand name ACC Ltd.

  • Godrej and Boyce Manufacturing Co. Ltd. – The company offers ready-mixed concrete which includes dense tuff high-density ready-mixed concrete, high-strength tuff ready-mixed concrete, temperature thermos tuff ready-mixed concrete control, easy tuff self-compacting ready-mixed concrete, Flexi tuff fiber reinforced ready-mixed concrete, enviro tuff eco-friendly ready-mixed concrete and more, branded as Godrej and Boyce Manufacturing Co. Ltd. .

  • India Cements Ltd. – The Company offers ready-mixed concrete which includes ready-mixed concrete products including Eco pact, gypsum, refractory, anti-leaching concrete and admixtures, under the India Cements Ltd brand.

  • JK Lakshmi Cement Ltd. – The company offers ready-mixed concrete that includes Portland cement, Portland pozzolan cement Portland slag cement, composite cement, ready-mixed concrete, gypsum plaster, wall putty, under the brand JK Lakshmi Cement Ltd.

  • Nuvoco Vistas Corp. Ltd- The Company offers ready-mixed concrete that provides cement, ready-mixed concrete and modern building materials, under the brand Nuvoco Vistas Corp. ltd.

  • For in-depth insights and key offers from all major vendors – Download a free sample now!

Market dynamics

Factors such as hgreat preference for ready-mixed concrete, increasing demand for ready-mixed concrete in non-residential applications will be crucial in driving the growth of the market. However, high operating costs will limit the market growth. Holistic engine analysis will help deduce end goals and refine marketing strategies to gain competitive advantage.

Competitive analysis

The report includes Competitive Analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

Market Segmentation Analysis

  • By product, the market is classified as transit composite concrete and shrink composite concrete.

  • By requestthe market is classified as non-residential and residential

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ready mix concrete market in india

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 6.15%

Market Growth 2022-2026

$1.47 billion

Market structure

Fragmented

Annual growth (%)

4.68

Regional analysis

India

Successful market contribution

100% India

Main consumer countries

India

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

ACC Ltd., Godrej and Boyce Manufacturing Co. Ltd., India Cements Ltd., JK Lakshmi Cement Ltd., JSW Cement Ltd., Nuvoco Vistas Corp. Ltd., Prism Johnson Ltd., RDC Concrete (India) Pvt. Ltd., The Ramco Cements Ltd. and UltraTech Cement Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents
Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by product

  • Market segments

  • Comparison by product

  • Transit Mixed Concrete – Market size and forecast 2021-2026

  • Shrinkable Mixed Concrete – Market size and forecast 2021-2026

  • Market opportunity by product

Market segmentation by application

  • Market segments

  • Comparison by application

  • Non-residential – Market size and forecast 2021-2026

  • Residential – Market size and forecast 2021-2026

  • Market Opportunity by Application

Customer landscape

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Supplier Landscape

  • Landscape disturbance

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • ACC Ltd.

  • Godrej and Boyce Manufacturing Co. Ltd.

  • India Cements Ltd.

  • JK Lakshmi Cement Ltd.

  • JSW Cement Ltd.

  • Nuvoco Vistas Corp. ltd.

  • Prism Johnson Ltd.

  • Concrete ground floor (India) Pvt. ltd.

  • Ramco Cements Ltd.

  • UltraTech Cement Ltd.

appendix

About Us

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Technavio (PRNewsfoto/Technavio)

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