The global ready-mix concrete market 2020 is all to expand at a decent rate of 8.02% over the forecast period (2017-2023), believes Market Research Future (MRFR).Top Market Boosters and Key RestraintsThe market for ready mix concrete can witness tremendous growth in the near future, thanks to the rising spending for infrastructure development in developing countries like India, China, South Korea, Singapore and Mexico.
Surging urbanization, population expansion, and government infrastructural plans are also leaving a positive impact on the global market.
These types of initiatives on the part of the government can lead to massive growth in the RMC market during the review period.RMC enjoys a higher demand than the traditional concrete, given the ease of use, higher convenience, and enhanced quality.
Also, low inventory costs, efficient utilization and wastage reduction can lower down the overall project expenditures, a factor likely to boost the product demand during the projected period.With the introduction of Foreign Direct Investment (FDI) as well as Public-Private Partnership (PPP) projects to facilitate the development of infrastructure projects, the product demand is anticipated to surge exponentially in the coming years.
Also, the robust expansion as well as implementation of commercial, civic and residential infrastructure construction projects, the consumption of ready mix concrete materials is poised to grow significantly in the years to come.Top PlayersSome of the top vendors in the global market for ready-mix concrete are Barney & Dickenson, Inc.(U.S.), Italcementi Group (Italy), Buzzi Unicem S.p.A. (Italy), Holcim Ltd.(Switzerland), ACC Limited (India), UltraTech Cement Limited (India), HeidelbergCement (Germany), Lafarge (France), R.W.
de C.V. (Mexico), Vicat SA (France), and others.Request for Free Sample Report @ https://www.marketresearchfuture.com/sample_request/5373Market SegmentationThe study of the global ready-mix concrete market includes the primary segments of production, application.The production-wise segments in the market are on-site and off-site.The application-wise market segmentation comprises Residential, Commercial, Infrastructure, Industrial utilities, and others.