The global ready-mix concrete market size is expected to reach USD 1,206.1 billion by 2027, expanding at a revenue-based CAGR of 7.9%, according to a new report by Grand View Research, Inc. Growing construction activities in commercial and infrastructure segments across the globe are expected to drive the demand for ready-mix concrete.
Commercial availability of ready-mix concrete through domestic and multinational players coupled with rising awareness regarding the product benefits in construction activities is likely to augment the growth in the estimated time. Reduced site supervision cost and labor cost are the factors driving its popularity in the construction activities.
Request a sample Copy of the Global Ready-Mix Concrete Market Research Report @ https://www.grandviewresearch.com/industry-analysis/ready-mix-concrete-market/request/rs1
Ready-mix concrete is considered for speedy construction of residential, commercial, industrial and infrastructural spaces. Minimized cement wastage and control in the use of raw materials for ready-mix concrete is likely to aid its demand in the market. Moreover, the pollution-free nature of the production process is anticipated to support market growth for ecofriendly constructions.
Industry players in the market are competing on the basis of product quality and services. Numerous players are focusing on providing utility services at the construction sites. In order to reduce the travel time and costly logistics, the players are setting up the production plants at construction sites.
Key suggestions from the report:
Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/1970/ibb
Grand View Research has segmented the global ready-mix concrete market on the basis of application and region:
Ready-Mix Concrete Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2016 – 2027)
Ready-Mix Concrete Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2016 – 2027)
Find more research reports on HVAC & Construction Industry, by Grand View Research:
HVAC Control Systems Market – The global HVAC control systems market size was valued at USD 13.1 billion in 2018 and is expected to register a CAGR of 12.2% from 2019 to 2025.
Facade Market – The global facade market size was valued at USD 205.89 billion in 2018. It is poised to register a CAGR of 7.6% from 2019 to 2025.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:201, Spear Street, 1100 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: https://www.grandviewresearch.com/industry-analysis/ready-mix-concrete-market