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Ready-mix Concrete Market

ID: MRFR/PCM/3930-CR
111 Pages
Snehal Singh
June 2021

Ready-mix Concrete Market Research Report Information By Product Type (Transit Mixed Concrete, Shrink Mixed Concrete, Central Mixed Concrete), By Production (On-Site, And Off-Site), By Application (Residential Building, Commercial Building, Industrial, And Infrastructure), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2035.

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Ready-mix Concrete Market Infographic
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Ready-mix Concrete Market Summary

As per MRFR analysis, the Ready-mix Concrete Market Size was estimated at 543.41 USD Million in 2024. The Ready-mix Concrete industry is projected to grow from 575.32 in 2025 to 1017.94 by 2035, exhibiting a compound annual growth rate (CAGR) of 5.87 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Ready-mix Concrete Market is poised for robust growth driven by sustainability and urbanization.

  • North America remains the largest market for ready-mix concrete, driven by extensive infrastructure projects.
  • Asia-Pacific is the fastest-growing region, reflecting rapid urbanization and increasing construction activities.
  • The residential segment continues to dominate the market, while the infrastructure segment is experiencing the fastest growth.
  • Key market drivers include sustainability initiatives and economic growth, which are shaping industry dynamics.

Market Size & Forecast

2024 Market Size 543.41 (USD Million)
2035 Market Size 1017.94 (USD Million)
CAGR (2025 - 2035) 5.87%

Major Players

LafargeHolcim (CH), CEMEX (MX), HeidelbergCement (DE), CRH (IE), Buzzi Unicem (IT), Martin Marietta Materials (US), Vulcan Materials Company (US), Lehigh Hanson (US)

Ready-mix Concrete Market Trends

The Ready-mix Concrete Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and technological advancements. The increasing demand for sustainable construction practices appears to be influencing the market significantly. As environmental concerns gain prominence, stakeholders are likely to seek eco-friendly alternatives, which may lead to the development of innovative formulations and production methods. Furthermore, the integration of digital technologies in the supply chain and production processes seems to enhance efficiency and reduce costs, thereby attracting a broader range of customers. In addition, urbanization trends and infrastructure development initiatives are likely to drive the Ready-mix Concrete Market forward. As cities expand and populations grow, the need for robust construction materials becomes more pronounced. This trend may encourage manufacturers to invest in capacity expansion and improve distribution networks to meet the rising demand. Overall, the Ready-mix Concrete Market appears poised for growth, with various factors converging to shape its future trajectory.

Sustainability Initiatives

The Ready-mix Concrete Market is witnessing a shift towards sustainable practices. Manufacturers are increasingly focusing on reducing carbon footprints and utilizing recycled materials. This trend reflects a broader commitment to environmental stewardship and may lead to the introduction of greener product lines.

Technological Advancements

Innovations in technology are transforming the Ready-mix Concrete Market. Automation and digital tools are enhancing production efficiency and quality control. These advancements could streamline operations and improve customer satisfaction, positioning companies for competitive advantage.

Urbanization and Infrastructure Growth

Rapid urbanization is driving demand in the Ready-mix Concrete Market. As cities expand, the need for infrastructure development becomes critical. This trend may prompt increased investment in construction projects, further stimulating market growth.

Ready-mix Concrete Market Drivers

Market Growth Projections

The Global Ready-mix Concrete Market Industry is poised for substantial growth, with projections indicating a market value of 543.4 USD Million in 2024 and an anticipated increase to 1017.1 USD Million by 2035. This growth trajectory suggests a robust compound annual growth rate (CAGR) of 5.86% from 2025 to 2035, reflecting the industry's resilience and adaptability in meeting the evolving demands of construction. Factors such as urbanization, infrastructure development, and technological advancements are expected to contribute significantly to this growth, positioning ready-mix concrete as a vital component in the global construction landscape.

Regulatory Support and Standards

Regulatory support and the establishment of standards play a crucial role in shaping the Global Ready-mix concrete market industry. Governments are implementing regulations that promote the use of high-quality construction materials, including ready-mix concrete, to ensure safety and durability in building projects. Compliance with these regulations often necessitates the use of ready-mix concrete, thereby driving demand. As countries continue to enhance their building codes and standards, the market is likely to benefit from increased adoption of ready-mix concrete in various construction applications.

Urbanization and Population Growth

Urbanization continues to be a driving force in the Global Ready-mix Concrete Market Industry. As populations migrate to urban areas, the demand for residential and commercial buildings rises sharply. This urban expansion necessitates the use of ready-mix concrete, which offers superior strength and durability for construction projects. The increasing need for housing, schools, and commercial spaces in rapidly growing cities is likely to propel the market forward. By 2035, the market is anticipated to reach 1017.1 USD Million, underscoring the critical role of ready-mix concrete in accommodating urban growth and development.

Infrastructure Development Initiatives

The Global Ready-mix Concrete Market Industry is experiencing a notable boost due to extensive infrastructure development initiatives worldwide. Governments are increasingly investing in transportation, energy, and urban infrastructure projects, which necessitate the use of ready-mix concrete for its efficiency and quality. For instance, various countries are undertaking large-scale road and bridge construction projects, which are projected to significantly increase the demand for ready-mix concrete. This trend is expected to contribute to the market's growth, with projections indicating a market value of 543.4 USD Million in 2024, reflecting the industry's pivotal role in supporting infrastructure advancements.

Technological Advancements in Production

Technological advancements in the production of ready-mix concrete are transforming the Global Ready-mix Concrete Market Industry. Innovations such as automated batching systems and improved mixing techniques enhance the efficiency and quality of concrete production. These advancements not only reduce waste but also ensure a more consistent product, which is crucial for large-scale construction projects. As construction companies increasingly adopt these technologies, the demand for ready-mix concrete is expected to rise. This trend aligns with the projected CAGR of 5.86% from 2025 to 2035, indicating a robust growth trajectory driven by technological improvements.

Sustainability and Eco-Friendly Practices

Sustainability is becoming a central theme in the Global Ready-mix Concrete Market Industry. With growing awareness of environmental issues, there is a shift towards eco-friendly construction materials and practices. Ready-mix concrete producers are increasingly incorporating recycled materials and adopting sustainable production methods to minimize their carbon footprint. This trend is likely to attract environmentally conscious consumers and businesses, thereby expanding the market. As sustainability becomes a priority in construction, the demand for ready-mix concrete that meets these criteria is expected to grow, further solidifying its position in the industry.

Market Segment Insights

By Application: Residential (Largest) vs. Infrastructure (Fastest-Growing)

The Ready-mix Concrete Market is predominantly shaped by its various application segments, with the Residential sector leading in market share. This segment includes various applications such as housing, single-family homes, and multi-family units. Following closely is the Commercial segment, which caters to office buildings, retail spaces, and other commercial structures. While the Industrial and Road Construction segments hold significant shares, they are outpaced by the dynamic growth observed in the Infrastructure segment, attributed to rising investments in public works and utilities.

Residential (Dominant) vs. Infrastructure (Emerging)

The Residential application segment represents the cornerstone of the Ready-mix Concrete Market, characterized by its stable demand stemming from the growing housing sector and urbanization trends. This segment is favored for its versatility and minimal waste generation, which appeals to environmentally conscious builders. On the other hand, the Infrastructure segment is rapidly emerging, driven by increasing government and private investments in transportation, utilities, and civil engineering projects. This segment's attractiveness comes from its potential for innovation and high-level performance requirements, positioning it as a crucial driver of market growth.

By End Use: Building Construction (Largest) vs. Road Construction (Fastest-Growing)

In the Ready-mix Concrete Market, the end-use segment is primarily dominated by Building Construction, which represents the largest share due to its extensive applications in residential and commercial projects. This segment benefits from ongoing urbanization and infrastructure development, establishing a solid foundation for continued market expansion. Additionally, Road Construction has emerged as a critical segment, showing rapid growth propelled by government investments in transportation infrastructure and a focus on improving connectivity and mobility in urban areas.

Building Construction (Dominant) vs. Road Construction (Emerging)

Building Construction remains the dominant end use in the Ready-mix Concrete Market, significantly due to its requirements for various concrete grades and mixes tailored to specific structural needs. Its broad application range includes residential buildings, commercial centers, and institutional structures, highlighting its versatility. Conversely, Road Construction is emerging rapidly, fueled by infrastructural projects aimed at enhancing transportation frameworks. This segment emphasizes sustainable practices and innovative materials while addressing the rising demand for quality road systems that facilitate efficient transportation, bolstered by public and private sector investments.

By Product Type: Standard Ready-mix Concrete (Largest) vs. High-Strength Ready-mix Concrete (Fastest-Growing)

In the Ready-mix Concrete market, 'Standard Ready-mix Concrete' holds a significant share, being the preferred choice for most conventional constructions due to its reliability and cost-effectiveness. This segment is widely utilized across various applications, from residential to commercial projects, appealing to a broad audience. Following closely, 'High-Strength Ready-mix Concrete' is rapidly gaining traction, driven by soaring demand in niche applications such as high-rise buildings and infrastructural projects that require superior load-bearing capacity. The growth trajectory of the Ready-mix Concrete segments indicates a shift towards specialized products, particularly in urban development projects. The rise in construction activities, coupled with technological advancements in manufacturing processes, is propelling the demand for 'High-Strength Ready-mix Concrete'. Furthermore, sustainability trends are influencing market preferences, driving innovation in terms of eco-friendly alternatives within this segment, which is anticipated to shape future market dynamics favorably.

Standard Ready-mix Concrete (Dominant) vs. Self-Compacting Ready-mix Concrete (Emerging)

'Standard Ready-mix Concrete' remains the dominant force in the market, benefitting from established production processes and widespread acceptance in construction practices. Its versatility and lower cost make it ideal for a range of applications, ensuring consistent demand. In contrast, 'Self-Compacting Ready-mix Concrete' is emerging as a noteworthy alternative, particularly in areas requiring complex molding and detailed finishing. The unique properties of self-compacting concrete, which allow it to flow into intricate forms without external vibration, are highly sought after in contemporary building designs. This growing preference for construction efficiency and enhanced durability is driving innovations, allowing 'Self-Compacting Ready-mix Concrete' to carve out a significant niche, particularly in urban constructions where space and labor efficiency are crucial.

Get more detailed insights about Ready-mix Concrete Market

Regional Insights

North America : Established Market with Growth Potential

The North American ready-mix concrete market is projected to reach $150.0 million by 2025, driven by robust infrastructure projects and urbanization trends. Regulatory support for sustainable construction practices is also a key growth catalyst, as governments push for eco-friendly materials. The demand for ready-mix concrete is expected to rise due to increasing investments in residential and commercial construction, alongside a focus on infrastructure renewal. Leading the market are the United States and Canada, with major players like Martin Marietta Materials and Vulcan Materials Company dominating the landscape. The competitive environment is characterized by strategic partnerships and mergers, aimed at enhancing production capabilities and expanding market reach. The presence of established companies ensures a steady supply chain, meeting the growing demand for high-quality ready-mix concrete.

Europe : Diverse Market with Sustainability Focus

The European ready-mix concrete market is valued at $120.0 million, with a strong emphasis on sustainability and innovation. Regulatory frameworks across the EU are increasingly favoring eco-friendly construction practices, which is driving demand for ready-mix concrete. The market is also benefiting from a surge in infrastructure projects, particularly in Eastern Europe, where investments are being made to modernize transport and utilities. Germany, France, and the UK are the leading countries in this market, with key players like HeidelbergCement and CRH leading the charge. The competitive landscape is marked by a mix of local and international firms, all vying for market share. The focus on sustainable practices is prompting companies to invest in research and development, ensuring they meet the evolving regulatory standards and consumer preferences.

Asia-Pacific : Emerging Powerhouse in Construction

The Asia-Pacific region dominates the ready-mix concrete market with a staggering valuation of $250.0 million. Rapid urbanization, population growth, and significant investments in infrastructure are the primary drivers of this growth. Countries like China and India are leading the charge, with government initiatives aimed at enhancing urban infrastructure and housing projects. The regulatory environment is also evolving, promoting the use of sustainable materials in construction. China is the largest market, followed by India and Japan, with major players like LafargeHolcim and CEMEX establishing a strong presence. The competitive landscape is characterized by a mix of local and multinational companies, all striving to capture the growing demand. The focus on innovation and sustainability is reshaping the market, as companies adapt to meet the needs of a rapidly changing construction landscape.

Middle East and Africa : Resource-Rich Frontier for Growth

The Middle East and Africa region is witnessing a burgeoning ready-mix concrete market, valued at $23.41 million. The growth is primarily driven by increasing urbanization and infrastructure development, particularly in the Gulf Cooperation Council (GCC) countries. Government initiatives aimed at diversifying economies and enhancing infrastructure are acting as catalysts for market expansion. The demand for ready-mix concrete is expected to rise as construction projects ramp up across the region. Leading countries include the UAE and South Africa, where significant investments are being made in construction and real estate. The competitive landscape features both local and international players, with companies like Buzzi Unicem and CRH making notable inroads. The market is characterized by a focus on quality and sustainability, as firms adapt to meet the evolving demands of the construction sector.

Key Players and Competitive Insights

The Ready-mix Concrete Market is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as LafargeHolcim (CH), CEMEX (MX), and HeidelbergCement (DE) are actively pursuing strategies that emphasize technological advancements and environmental responsibility. For instance, LafargeHolcim (CH) has been focusing on enhancing its product offerings through the integration of sustainable materials, which not only aligns with global environmental standards but also caters to the growing demand for eco-friendly construction solutions. This strategic positioning allows these companies to maintain a competitive edge in a market that is becoming more conscious of its environmental impact.

The business tactics employed by these companies often include localizing manufacturing processes and optimizing supply chains to enhance efficiency and reduce costs. The Ready-mix Concrete Market appears to be moderately fragmented, with a mix of large multinational corporations and regional players. The collective influence of these key players is significant, as they not only drive innovation but also set industry standards that smaller companies often strive to meet.

In November 2025, CEMEX (MX) announced a partnership with a leading technology firm to develop a digital platform aimed at optimizing concrete delivery logistics. This initiative is expected to streamline operations, reduce delivery times, and enhance customer satisfaction. The strategic importance of this move lies in CEMEX's commitment to leveraging technology to improve operational efficiency, which could potentially lead to increased market share in a highly competitive environment.

In October 2025, HeidelbergCement (DE) launched a new line of low-carbon concrete products, which are designed to meet the stringent sustainability requirements of modern construction projects. This product line not only reflects the company's dedication to reducing its carbon footprint but also positions it favorably in a market that is increasingly prioritizing sustainable building materials. The introduction of these products may enhance HeidelbergCement's reputation as a leader in sustainable construction solutions.

In December 2025, Vulcan Materials Company (US) expanded its operations by acquiring a regional concrete supplier, thereby increasing its market presence in the southeastern United States. This acquisition is strategically significant as it allows Vulcan to enhance its supply chain capabilities and better serve its customer base in a growing market. Such moves indicate a trend towards consolidation in the industry, where larger players seek to strengthen their foothold through strategic acquisitions.

As of December 2025, the competitive trends in the Ready-mix Concrete Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming more prevalent, as companies recognize the need to collaborate in order to innovate and meet evolving customer demands. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is likely to shape the future landscape of the market, suggesting that companies that prioritize these areas will be better positioned for long-term success.

Key Companies in the Ready-mix Concrete Market market include

Industry Developments

  • Q2 2024: CEMEX to invest $25 million in new ready-mix concrete plant in Texas CEMEX announced a $25 million investment to build a new ready-mix concrete plant in Houston, Texas, aiming to expand its production capacity and meet growing construction demand in the region.
  • Q2 2024: CEMEX Launches Vertua Ultra Zero, a Carbon-Neutral Ready-Mix Concrete in the U.S. CEMEX introduced Vertua Ultra Zero, a carbon-neutral ready-mix concrete product, to the U.S. market, targeting sustainable construction projects and reducing the carbon footprint of building materials.
  • Q3 2024: Heidelberg Materials Opens New Ready-Mix Concrete Plant in Manchester Heidelberg Materials inaugurated a new ready-mix concrete facility in Manchester, UK, to enhance its supply capabilities for major infrastructure and commercial projects in the region.
  • Q3 2024: Holcim acquires UK-based ready-mix concrete producer Aggregate Industries Holcim completed the acquisition of Aggregate Industries' ready-mix concrete operations in the UK, strengthening its market position and expanding its product portfolio in the British construction sector.
  • Q4 2024: Vicat Group announces €40 million investment in new ready-mix concrete plants in France Vicat Group revealed plans to invest €40 million in the construction of two new ready-mix concrete plants in France, aiming to support infrastructure development and sustainable building initiatives.
  • Q4 2024: Nuvoco Vistas wins major ready-mix concrete supply contract for Mumbai Metro Line 5 Nuvoco Vistas secured a significant contract to supply ready-mix concrete for the construction of Mumbai Metro Line 5, reinforcing its presence in large-scale infrastructure projects in India.
  • Q1 2025: CEMEX expands ready-mix concrete operations in the Philippines with new plant opening CEMEX opened a new ready-mix concrete plant in Cebu, Philippines, to meet rising demand from residential and commercial construction projects in the region.
  • Q1 2025: Holcim launches ECOPact+ ready-mix concrete with recycled aggregates in Germany Holcim introduced ECOPact+, a new ready-mix concrete product incorporating recycled aggregates, in Germany, supporting the circular economy and sustainable construction practices.
  • Q2 2025: Heidelberg Materials appoints new CEO for Asia-Pacific ready-mix concrete division Heidelberg Materials announced the appointment of a new CEO to lead its Asia-Pacific ready-mix concrete division, focusing on growth and innovation in key regional markets.
  • Q2 2025: CRH plc acquires majority stake in Indian ready-mix concrete firm RDC Concrete CRH plc acquired a majority stake in RDC Concrete, one of India's leading ready-mix concrete producers, to expand its footprint in the fast-growing Indian construction market.
  • Q3 2025: China National Building Material Company opens automated ready-mix concrete plant in Shanghai China National Building Material Company launched a fully automated ready-mix concrete plant in Shanghai, featuring advanced robotics and digital monitoring for improved efficiency and quality control.
  • Q3 2025: Votorantim Cimentos signs partnership with Brazilian government for sustainable ready-mix concrete supply Votorantim Cimentos entered a partnership with the Brazilian government to supply sustainable ready-mix concrete for public infrastructure projects, emphasizing low-carbon and environmentally friendly materials.

Future Outlook

Ready-mix Concrete Market Future Outlook

The Ready-mix Concrete Market is projected to grow at a 5.87% CAGR from 2024 to 2035, driven by urbanization, infrastructure development, and technological advancements.

New opportunities lie in:

  • Expansion of eco-friendly concrete solutions
  • Investment in automated mixing technologies
  • Development of mobile concrete batching plants

By 2035, the market is expected to achieve robust growth, driven by innovation and sustainability.

Market Segmentation

Ready-mix Concrete Market End Use Outlook

  • Building Construction
  • Road Construction
  • Bridge Construction
  • Water Management
  • Marine Structures

Ready-mix Concrete Market Application Outlook

  • Residential
  • Commercial
  • Infrastructure
  • Industrial
  • Road Construction

Ready-mix Concrete Market Product Type Outlook

  • Standard Ready-mix Concrete
  • High-Strength Ready-mix Concrete
  • Self-Compacting Ready-mix Concrete
  • Lightweight Ready-mix Concrete
  • Pervious Ready-mix Concrete

Report Scope

MARKET SIZE 2024543.41(USD Million)
MARKET SIZE 2025575.32(USD Million)
MARKET SIZE 20351017.94(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)5.87% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledLafargeHolcim (CH), CEMEX (MX), HeidelbergCement (DE), CRH (IE), Buzzi Unicem (IT), Martin Marietta Materials (US), Vulcan Materials Company (US), Lehigh Hanson (US)
Segments CoveredApplication, End Use, Product Type
Key Market OpportunitiesIntegration of sustainable practices and innovative technologies in the Ready-mix Concrete Market.
Key Market DynamicsRising demand for sustainable construction materials drives innovation and competition in the Ready-mix Concrete Market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

How much is the Ready-mix Concrete market?

Ready-mix Concrete Market crossed a valuation of USD 543.41 Billion in 2024

What is the growth rate of the Ready-mix Concrete market?

Ready-mix Concrete Market is projected to register a CAGR of 5.87% from 2025-2035

Which region held the largest market share in the Ready-mix Concrete market?

Asia Pacific had the largest share in the market

Who are the key players in the Ready-mix Concrete market?

The key players in the market are ACC Limited (India), Vicat SA (France), Lafarge (France), Buzzi Unicem S.p.A. (Italy), and Barney & Dickenson Inc.(U.S.).

Which Product Type led the Ready-mix Concrete market?

The transit mixed concrete category dominated the market in 2024.

Which Production had the largest market share in the Ready-mix Concrete market?

The Off-Site had the largest share in the market.

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