What is the Market Demand for Ready-Mix Concrete?

The global ready-mix concrete (RMC) market is set to grow from US$ 538.9 billion in 2024 to US$ 758.3 billion by 2031, expanding at a CAGR of 5%. This growth is driven by the rising adoption of green concrete solutions, sustainable practices, and digitalization in the construction sector. RMC's ability to provide consistent quality and efficiency makes it ideal for large-scale infrastructure projects and prefabricated construction. Additionally, increased government investments in infrastructure and affordable housing contribute to the rising demand for RMC. The market is also influenced by growing construction activities in emerging economies and the adoption of advanced technologies and sustainable practices.