India ready mix concrete market is expected
to grow at a steady during the forecast period. Ready Mix Concrete (RMC) is a mixture of cement,
supplementary materials, aggregates, water and mixtures in defined proportions.
In RMC, all the ingredients are proportioned in accordance with the
standard codes of practice to get the targeted strength and durability. The
quality of concrete depends on the way it is mixed, placed, compacted,
finished, cured and protected. RMC is preferred over normal concrete owing to
ease of use, convenience, and better quality.
Factors like increasing urbanization, growing
population and rising focus of government on infrastructural development are driving
India ready mix concrete market. The government of India launched smart cities
program to create cities equipped with good infrastructure offering high
quality of life through smart solutions, which is likely to foster the demand
for RMC. Further, establishment of manufacturing facilities and power
plants to keep up with the growing demand for energy, is further anticipated to
stimulate the demand for RMC during the forecast period.
The India ready mix concrete market is
segmented based on production, product type, application, region and company.
Based on application, the market can be segmented into commercial, residential,
industrial and infrastructure. The infrastructure segment is anticipated to
dominate the market during forecast period on account of growing construction
activities such as construction of highways, roads, dams, airports, among
others. The commercial segment is also expected to hold substantial market
share during the forecast period due to growing population with improved
standard of living, which is resulting in rising construction of commercial
buildings such as shopping malls, schools, offices, colleges, banks, and
hospitals.
Years considered
for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To analyze and forecast the market size of India ready mix concrete
market.
- To classify and forecast India ready mix concrete market based on production,
product type, application, company and regional distribution.
- To identify drivers and challenges for India ready mix concrete market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in India ready mix concrete market.
- To conduct pricing analysis for India ready mix concrete market.
- To identify and analyze the profile of leading players operating in
India ready mix concrete market.
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Major players operating in the market
include Ultra Tech Cement Limited, Lafarge India Pvt Ltd, ACC Limited, RDC
Concrete (India) Pvt Ltd, I J M Concrete Products Private Limited, Prism Johnson Limited and Godrej
Construction.
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the country. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the
manufacturers, distribution channels and presence of all major players across
the country.
TechSci
Research calculated the market size of India ready mix concrete market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Ready mix concrete manufacturers, suppliers
and other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
ready mix concretes
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
Report Scope:
In this report, India ready mix concrete
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market, By Production:
- Market, By Product Type:
o Transit Mixed
Concrete
o Shrink Mixed
Concrete
o Commercial
o Residential
o Infrastructure
o Industrial
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India ready mix concrete market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at sales@techsciresearch.com
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com