Ready-Mix Concrete Market Size, Share, Growth Analysis, By Production (On-Site, Off-Site), By Type(Transit Mix Concrete, Central Mix Concrete), By Mixer Type(Volumetric and Barrel truck/In-transit mixer),By Application(Commercial & Infrastructure, Residential, Industrial), By Region - Industry Forecast 2025-2032

Ready-Mix Concrete Market size was valued at USD 181.14 billion in 2019 and is poised to grow from USD 196.39 billion in 2023 to USD 1427.31 billion by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031). 

As there are so many domestic and foreign companies operating all over the world, the ready-mix concrete business is very competitive. For a competitive advantage, prominent firms in the RMC industry are concentrating on offering clients improved services. To save transportation costs and operational time, several players are concentrating on setting up the ready-mix concrete plant on the construction site. The major players in the market are Arkema (France), Sika AG (Switzerland), BASF SE (Germany), GCP Applied Technologies Inc., (U.S.), MAPEI S.p.A. (Italy), Kao Corporation (Japan), M&I Materials Limited (U.K), Dupont (U.S.), SOLVAY (Belgium), W. R. Grace & Co.-Conn. (U.S.), Setral Chemie GmbH (Germany), Enaspol a.s (Czech Republic), CAC Admixtures (India), CHRYSO GROUP (France), Ashland Inc (U.S.), Rhein-Chemotechnik GMBH (Germany). 'Enaspol a.s ', 'CEMEX S.A.B. de C.V. ', 'HeidelbergCement AG ', 'Buzzi Unicem SpA ', 'CRH plc ', 'China National Building Material Company Limited ', 'Vicat Group ', 'Eurocement Group ', 'UltraTech Cement Ltd. ', 'Martin Marietta Materials, Inc. ', 'Siam Cement Group (SCG) ', 'Taiheiyo Cement Corporation ', 'Votorantim Cimentos S.A. ', 'Mitsubishi Materials Corporation ', 'Adelaide Brighton Ltd. ', 'Hanson Limited ', 'China West Construction Group Co. Ltd. ', 'Taiyuan Lionhead Cement Co., Ltd. ', 'ACC Limited'

As infrastructure projects like bridges, roads, dams, and airport expansions proliferate, particularly in developing nations, the need for ready-mix concrete is rising. As a result, it is anticipated that over the projected period, the global ready-mix concrete business will expand quickly. Increased government spending on manufacturing, power plants, and construction is also helping the market.

The market for ready-mixed concrete has expanded dramatically in recent years. This is a result of the great performance and expanding accessibility of innovative building materials worldwide. As infrastructure projects like bridges, highways, dams, and airport expansions proliferate, particularly in emerging nations, so does the demand for ready-mixed concrete. As a result, it is anticipated that the market for ready-mix concrete would expand quickly during the next few years.

In terms of market revenue and market share, North America has dominated the market in 2021. The development in new infrastructure projects in the area is responsible for the market growth in this region. The building business in the United States annually produces structures worth around D1.4 trillion, according to statistics from the Construction Association. In keeping with a strong and affluent economy, demand for single-family homes also drives the demand for ready-mix concrete.