India Ready-Mix Concrete Market, By Production (On-site and Off-site), By Product Type (Transit Mixed Concrete and Shrink Mixed Concrete), By Application (Commercial, Residential, Infrastructure, and Industrial) - Trends, Analysis and Forecast till 2030

Report Code: PMI411420 | Publish Date: May 2023 | No. of Pages: 150

India ReadyMix Concrete Market By Overview

Ready-mix concrete (RMC) is ready to use a mixture of material such as sand, cement, aggregates, and water. It is mixed in a concrete manufacturing plant. It is delivered to the site, according to the specification by the use of transit mixer. Ready-mix concrete required less workforce and removes the on-site storage spaces and also reduces processing time, noise and give dust production. Moreover, features such as high quality, ease of use, and better convenience, ready-mix concrete extensively opt for residential & commercial buildings, roads, and manufacturing facilities.

Drivers and Restraints:

Growing population, increasing urbanization, and rising focus of government on infrastructural development are driving India ready-mix concrete market. The government of India propelled smart cities program to build cities equipped with good infrastructure delivering high quality of life through smart solutions, which is expected to raise the demand for RMC. In 2018, the government approved the construction of Shahpurkandi Dam Project in Punjab, which is likely to help Punjab generate 206 MW of hydropower. This project is also likely to help Punjab add irrigation potential of 5,000 hectares. The construction is projected to be completed by 2022. Moreover, the establishment of power plants and manufacturing facilities to keep up with the growing demand for energy is further expected to stimulate the demand for RMC over the forecast period. The workability of concrete depends on various factors, such as the constituent material, ambient temperature, mixed proportion, humidity, and method of transport. The decrease in workability may lead to difficulty in placement of concrete. Overall, this factor acts as a huge restraint to market growth. The loss of workability, however, can be minimized to some extent with the addition of water.

Segmentation:

The India ready-mix concrete market is segmented based on production, product type, and application.

Based on production, the India ready-mix concrete market is segmented into on site and off-site. The onsite segment is expected to contribute a larger share in the market over the forecast period. Based on product type, the global market is bifurcated into transit mixed concrete and shrink mixed concrete. Based on the application, the target market is classified into commercial, residential, infrastructure, and industrial. The infrastructure segment is projected to dominate the market during the forecast period owing to increasing construction activities such as the construction of highways, dams, roads, airports, among others. The commercial segment is also anticipated to hold substantial market share over the forecast period due to rising population with improved standard of living, which is resulting in increasing construction of commercial buildings such as schools, colleges, shopping malls, offices, banks, and hospitals

Key Players:   

The key players operating the India ready-mix concrete market includes ACC Limited, Alcon, Aparna Enterprises Ltd., Bharat Cement Products, Best Readymix, Concrete India, Firstchoice ReadyMix, India Cements Ltd., JK Lakshmi Cement Ltd., and LafargeHolcim. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in May 2019, ULTRATECH CEMENT continuous efforts towards sustainability and innovation have developed in-house technology to use all waste generated from the rejected concrete in the form of sludge or slurry, for further recycling into Ready Mix Concrete (RMC) production. This new technology is fully automated and also enables the plant to be real zero discharge with no water and solid waste.

Detailed Segmentation:

India Ready-Mix Concrete Market, By Production:

  • On-site
  • Off-site

India Ready-Mix Concrete Market, By Product Type:

  • Transit Mixed Concrete
  • Shrink Mixed Concrete

India Ready-Mix Concrete Market, By End-user:

  • Commercial
  • Residential
  • Infrastructure
  • Industrial

Company Profile:

  • ACC Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies 
  • Alcon
  • Aparna Enterprises Ltd.
  • Bharat Cement Products
  • Best Readymix
  • Concrete India
  • Firstchoice ReadyMix
  • India Cements Ltd.
  • JK Lakshmi Cement Ltd.
  • LafargeHolcim

 “*” marked represents similar segmentation in other categories in the respective section

India ReadyMix Concrete Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Ready-Mix Concrete Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Production
      • Market Snippet, By Product Type
      • Market Snippet, By Application
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. India Ready-Mix Concrete Market, By Production, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • On site
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Off site
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. India Ready-Mix Concrete Market, By Product Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Transit Mixed Concrete
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Shrink Mixed Concrete
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. India Ready-Mix Concrete Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Commercial
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Residential
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Infrastructure
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Industrial
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • ACC Limited
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Alcon
      • Aparna Enterprises Ltd.
      • Bharat Cement Products
      • Best Readymix
      • Concrete India
      • Firstchoice ReadyMix
      • India Cements Ltd.
      • JK Lakshmi Cement Ltd.
      • LafargeHolcim
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The India ready-mix concrete market is segmented based on production, product type, and application.

Driving factors in the India Ready-Mix Concrete Market include rapid urbanization, infrastructure development projects, and the advantages of ready-mix concrete in terms of time and cost efficiency.

Global restraints in the India Ready-Mix Concrete Market include challenges related to the fluctuating costs of raw materials, environmental concerns, and the impact of economic fluctuations on construction activities.

The report encompasses regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The region anticipated to dominate the India Ready-Mix Concrete Market is Asia Pacific, with a significantly high projected revenue share over the forecast period.

The key players operating the India ready-mix concrete market includes ACC Limited, Alcon, Aparna Enterprises Ltd., Bharat Cement Products, Best Readymix, Concrete India, Firstchoice ReadyMix, India Cements Ltd., JK Lakshmi Cement Ltd., and LafargeHolcim.