Explore captivating content and diverse perspectives on our Discover page. Uncover fresh ideas and engage in meaningful conversations
Weight Management Market Research Report 2022-2027 | Syndicated Analytics | #weight Management Market Research Report
Ready Mix Concrete Market Manufacturers | Size and Revenue | Business Share Forecast by Regions 2021-2028
The global ready-mix concrete Industry 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.
To get to know more about the short-term and long-term impact of COVID-19 on this market,
please click: https://www.fortunebusinessins....ights.com/ready-mix-
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 the 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.
Segment-
Residential Segment to Dominate Stoked by Increasing Demand for Housing Sectors
Based on application, the market is segregated into infrastructure, commercial, and residential, and others. Out of these, the infrastructure segment held 28.70% in terms of ready-mix concrete market share in 2019. This growth is attributable to the increasing urbanization, which, in turn, is resulting in the construction of roads, water systems, power generation systems, and highways. The residential segment would dominate the market throughout the coming years stoked by the high demand for housing sectors, especially from Asia Pacific as the population of this region is growing rapidly.
Regional Analysis-
Increasing Demand for Single Housing Units to Drive Growth in North America
Geographically, Asia Pacific is anticipated to showcase substantial growth in terms of revenue during the forthcoming years. This growth is attributable to the rising demand for ready-mix concrete from South Korea, India, and China. Also, the increasing construction of new manufacturing plants and rapid development of infrastructures in these countries would contribute to the market growth in this region.
North America, on the other hand, generated USD 164.4 billion in terms of revenue in 2019 and is set to exhibit steady growth in the coming years. This is projected to occur on account of the high demand for residential structures from the countries in this region. Besides, high disposable income and need for single housing units in the region would spur growth.
Competitive Landscape-
Key Players Aim to Support Masses Affected Greatly by COVID-19 Crisis
The market houses a large number of companies that are currently striving to gain a competitive edge by either developing unique ready-mix concrete or by contributing huge sums to the COVID-19 relief. Below are two of the latest industry developments:
Importance of children's play area in restaurants | #hillarys restaurant # Mandurah Restaurant # Forrestfield Restaurant
Call Girls Rajkot Escorts Service, ₹,2500 To 25K With AC Room 24x7 | #rajkot Escort #escorts In Rajkot #independent Call Girls Rajkot #rajkot Call Girls #high Class Escorts Rajkot #vip Escorts Rajkot #night Services In Rajkot #busty Escorts Rajkot #cheap Escorts In Rajkot #sasti Call Girls Rajkot #red Light Area In Rajkot #college Girls For Sex In Rajkot #sexy Call Girls In Rajkot
India's all-cargo airline to begin commercial operations soon with the world's first A320 converted freighter – christened 'Pehalwan'
#pradhaanairexpress #aviation #singapore #newdelhi #india #pehalwan #a320 #airbus #convertedfreighter
https://www.stattimes.com/avia....tion/pradhaan-air-ex
Sexy Random Floral Print Sleeveless Dresses | #handmade Jewelry # Handmade Earrings # Handmade Hair Accessories # Handmade Necklace # Handmade Bracelet # Handmade Brooch # Handmade Ring
