As on date of
publishing, this report will capture the impact assessment of COVID-19 on this
market and the same will be considered in our market forecast model. Clients
purchasing this report between April and June 2020 will be getting a ‘free’
updated market data excel sheet between July and September 2020 accounting for
the impact of COVID-19 on the market in the current year 2020 and forecast.
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: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
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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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:
- India
Ready Mix Concrete Market, By Production:
- India
Ready Mix Concrete Market, By Product Type:
- Transit
Mixed Concrete
- Shrink
Mixed Concrete
- India
Ready Mix Concrete Market, By Application:
- Commercial
- Residential
- Infrastructure
- Industrial
- India
Ready Mix Concrete Market, By Region:
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
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com