The global concrete market report offers the complete market share, size, and the growth rate of different segments at both the country and regional levels. It provides an in-depth study of the market subtleties such as the current trends, drivers, opportunities, and even the restraining factors. The report also highlights the qualitative aspects in the study. Additionally, the unit takes in the key findings, in terms of market overview and investment prospects. The market report also involves the competitive landscape containing the profiles of top ten major players in the industry. The frontrunners have been thoroughly assessed based on their revenue size, service/product portfolio, regional presence, key plans & policies, and overall contribution to the growth of the concrete market.
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.
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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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- Owing to temporary closure of manufacturing facilities and disruptions in the supply chain, the global concrete market has been negatively impacted, especially in the initial period of the pandemic.
- Unavailability of raw materials and shortage of skilled labor force was a major challenge, which is why, carrying out manufacturing in full capacity was impossible.
- The demand from applications sectors reduced significantly due to stoppage of new construction, deployment, and maintenance activities during the lockdown. However, the demand is expected to regain during the post-lockdown.
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| Report Coverage | Details |
| Market size available for the years | 2022-2031 |
| Base year considered | 2021 |
| Forecast period | 2022-2031 |
| Forecast unit | Value (USD) |
| Segments covered | Product TypeApplicationEnd User |
| Regions covered | North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Spain, Italy, and rest of Europe)Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific)LAMEA (Latin America, the Middle East, and Africa) |
| Companies covered | Company ACompany BCompany CCompany DCompany ECompany FCompany GCompany HCompany ICompany J |
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By Concrete Type
- Ready-mix Concrete
- Transit Mix Concrete
- Central Mix Concrete
- Shrink Mix Concrete
- Precast Products
- Paving Stones & Slabs
- Bricks
- AAC blocks
- Others
- Precast Elements
- Facade
- Floor
- Building blocks
- Pipe
- Others
By Application
- Reinforced Concrete
- Non-reinforced Concrete
By End-User industry
- Roads & Highways
- Tunnels
- Residential Buildings
- Non-Residential Buildings
- Dams & Power Plants
- Mining
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- This report provides a detailed quantitative analysis of the market segments, current trends, estimations, and dynamics of the concrete market analysis from 20WW to 20MM to identify the prevailing concrete market opportunities.
- The global concrete market study offers insightful data on several factors such as social, environmental, political, and others that can influence concrete market growth.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the concrete market segmentation assists to determine the prevailing market opportunities.
- An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
- Major market players within the market are profiled in this report and their strategies are analyzed thoroughly.
- The report includes the analysis of the regional as well as global concrete market trends, key players, market segments, application areas, and market growth strategies.
Key Players
- 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
- Wells Concrete