Ready-Mix Concrete Market Size to Worth USD 1,227.2 Billion Forecast [2020-2027]; Rapid Urbanization Worldwide to Bolster Growth, Says Fortune Business Insights™

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Pune, India, April 09, 2021 (GLOBE NEWSWIRE) — The global ready-mix concrete market size is expected to gain traction from the crucial efforts undertaken by prominent manufacturers to curb the emissions of greenhouse gases (GHG). To do so, they are frequently surging the percentage of additives in ready-mix concrete, such as slag or fly ash for improving energy efficiency and reducing the consumption of ordinary Portland cement. This information is given by Fortune Business Insights™ in a recent report, titled, “Ready-Mix Concrete Market Size, Share & Industry Analysis, By Application (Residential, Commercial, Infrastructure, and Others), and Regional Forecast, 2020-2027.” The report further mentions that this market size was USD 633.4 billion in 2019 and is projected to reach USD 1,227.2 billion by 2027, exhibiting a CAGR of 8.7% during the forecast period.

The emergence of the COVID-19 pandemic has brought the world to a standstill. Several companies have stopped their manufacturing processes to reduce the spread of coronavirus. However, nowadays, some of them have resumed their operations by keeping in mind preventive measures, such as usage of masks & sanitizers, reduced workforce, and social distancing. Our reports would provide in-depth information about the effects of COVID-19 on every market and the best strategy that you can select to surge business confidence.

List of Top Players Profiled in Ready-Mix Concrete Market Research Report are:

  • CEMEX S.A.B. de C.V. (Mexico)
  • M. I. Cement Factory Limited. (Dhaka)
  • ACC Ltd. (India)
  • UltraTech Cement Ltd. (India)
  • LafargeHolcim (Switzerland)
  • Buzzi Unicem SpA (Italy)
  • R. W. Sidley, Inc. (U.S.)
  • HEIDELBERGCEMENT AG (Germany)
  • Italcementi Group (Italy)
  • Hanson Cement Ltd. (UK)
  • U.S. Concrete (U.S.)
  • Other key players


Get Sample PDF Brochure with Impact of COVID-19:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ready-mix-concrete-market-103281


Drivers & Restraints-

Rising Investments in Construction Projects to Propel Growth

Several private and government organizations are increasingly investing in construction projects across the globe. These consist of the construction of commercial buildings, railroads, highways, power generation sector, real estates, bridges, and urban infrastructure. Apart from these, in developing countries, such as South Korea, India, China, and Mexico, the agencies are investing hefty amounts of money in urbanization. It is further skyrocketing the demand for this concrete. The global construction industry is also expanding backed by the reduced labor cost and availability of plenty of equipment and tools. These factors are expected to boost the ready-mix concrete market growth in the near future.

This Report Answers the Following Questions:

  • What are the market dynamics, drivers, and hindrances?
  • Which segment is set to lead the market in …

Full story available on Benzinga.com

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