The concrete market was valued at $617,260.1 million in 2020, and is expected to reach $972,046.3 million by 2030, registering a CAGR of 4.7% from 2021 to 2030. Concrete market includes revenue generated by sales of ready-mix concrete and precast products & elements. Ready-mix concrete is a mixture of cement, sand, water, aggregates, and sometimes binding adhesives. It is manufactured in batches at a central plant instead of mixing it on the job site. It is then transported to job site generally using mobile concrete trucks or trailers. In addition, precast products include paving stones & slabs, bricks, AAC blocks, and other similar products that are generally manufactured in bulk quantity, whereas precast element includes façade, floor, building blocks, pipe, and other similar products. These elements are generally used in construction of large infrastructures such as bridges and water management systems.
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Key Finding of this Report:
- The Concrete Market report offers an in-depth study of the market on the basis of various prime parameters including sales, sales analysis, market size, and major driving factors.
- The study includes Porter’s five forces model, financial analysis, portfolio analysis, and business overview of services and products.
The Concrete Market report offers a comprehensive study of the dynamic factors including drivers, restraints, challenges, and opportunities. The drivers and opportunities aid to understand the rapidly changing industry trends and their impact on the growth of the market. In addition, the restraints and challenges help understand profitable market investments. The report includes quantitative and qualitative analyses of the market.
Major Key Player include in this report:
- CEMEX, S.A.B. de C.V.
- CRH, Forterra
- Heidelbergcement AG
- Holcim, Shay Murtagh Precast Ltd
- Sika AG
- Votorantim S.A.
- Weckenmann Anlagentechnik GmbH & Co. KG,
Covid-19 scenario:
The global report includes an in-depth analysis of the impact of the Covid-19 pandemic on the market. Moreover, it helps the frontrunners in the industry to devise new strategies to gain a competitive edge over other companies and how to deal with sudden changes in value and supply chain without compromising the credibility of the business.
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The report provides a study of the past and current market trends and evaluates the future opportunities. The Concrete Market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.
The report includes a brief summary of the market along with a SWOT analysis of the major market players and their financial analysis. The report covers a business overview and portfolio analysis of services that major companies offer. The study analyzes the recent market developments such as expansion, joint ventures, and product launches. Moreover, the study aids new business entrants and stakeholders to understand the long-term profitability of the market.
Major market players analyzed in the report:
The report includes a comprehensive study of major market players including are
The study of the market players covers the company overview, price analysis, and value chain, along with portfolio analysis of services and products. These players have adopted various strategies such as partnerships, new product launches, joint ventures, and mergers & acquisitions to maintain their foothold in the market.
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