The Turkey Ready Mix Concrete market is anticipated to grow at a robust CAGR in the forecast period, 2022-2026. The growing demand for the rapid construction activities from the industrial, commercial and residential segments is the primary driving factor for the Turkey Ready Mix Concrete market.

Ready Mix Concrete is a type of concrete that is manufactured in a batch plant based on the instructions given to set engineered mix design. The Ready Mix Concrete is delivered to the construction site either in a transit mixer or a barrel truck. These are in high demand in construction sites where there is a lack of space to store the construction materials and mix them according to the requirement. Ready Mix Concrete is extensively used in small construction projects where there is a need for a limited quantity of construction materials or places requiring the need to place concrete. One of the major advantages of using Ready Mix Concrete is that the variable responsible for the proper setting of concrete can be controlled, such as the ingredients quality, water-cement ratio, formation of the slump, compressive strength, which can impact the quality of cement.

Booming Construction Industry Drives Market Growth

The introduction of projects for expansion of the airports and the infrastructural development is influencing the demand for the Ready Mix Concrete in the forecast period. Major infrastructural development projects such as Istanbul New Airport or Third Airport, the Çanakkale 1915 Bridge, The Northern Marmara Motorway, energy generation, and distribution projects, and healthcare expansion projects fuel the demand for construction materials across the country. The government is making efforts to improve the quality of services provided at the healthcare facilities and opening up new hospitals, clinics, diagnostic labs, and research centers to attract foreign and local patients to avail healthcare facilities. To accelerate the project development, Turkey's government provides various types of support and incentives, and strong public financial management and macroeconomic policies contribute to the country's infrastructural development. High penetration of public-private partnerships in the development of projects and growing investments by the leading authorities to boost the construction activities is expected to create numerous opportunities for the Turkey Ready Mix Concrete market growth.

Growing Population and Rapid Urbanization Supports Market Growth

The rise in the disposable income of middle-class families is increasing the expenditure capacity of consumers to afford residential spaces. Rapid migration of people from the rural to urban areas is fueling the need for infrastructural development. Housing Development Administration of Turkey (TOKI), whose main aim is the mass housing projects and provide the solution to the problems and make efforts for construction adequate number of quality houses is aiding the market growth. It targets low- and middle-income people who are unable to afford houses due to financial restrictions. These projects focus on minimal wastage, limited inventory costs, and effective utilization of the resources to maximize profit utilize the Ready Mix Concrete, which eliminates the need to purchase construction materials and machines for concrete mixing. The Ready Mix Concrete is considered better than the traditional concrete as it has no cracking and shrinkage tendencies and is highly convenient and better in quality.  Another benefit of using Ready Mix Concrete in public projects is that it helps lower costs; sight supervision coupled with easy poring methods are expected to contribute significantly to the market growth.


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Market Segmentation

The Turkey Ready Mix Concrete market is segmented on the basis of production, product, application, regional distribution, and competitive landscape. Based on the production, the market is divided into on site and off site. Based on the product type, the market is divided into transit mixed concrete and shrink mixed concrete. Based on application, the market is divided into commercial, residential, infrastructure, industrial. To analyze the market based on the region, the Turkey Ready Mix Concrete market is studied in major regions namely Marmara Region, Central Anatolia, Aegean Region, Mediterranean Region, Black Sea Region, South-Eastern Anatolia Region, Eastern Anatolia Region.

Market Players

Akcansa Cement, Limak Holding, Votorantim Cimentos, Elkon, Enviro Port LLC, MEKA, Noval Machine System, FLSmidth, Oyak Cemento, Heidelberg Cement Group, are among the major market players in the Turkey that lead the market growth of the Turkey Ready Mix Concrete market.

Attribute

Details

Base Year

2020

Historic Data

2016 – 2019

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million, and CAGR for 2016-2020 and 2021-2026

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Production

·         Product Type

·         Application

Regional scope

Marmara Region, Central Anatolia, Aegean Region, Mediterranean Region, Black Sea Region, South-Eastern Anatolia Region, Eastern Anatolia Region

Key companies profiled

Akcansa Cement, Limak Holding, Votorantim Cimentos, Elkon, Enviro Port LLC, MEKA, Noval Machine System, FLSmidth, Oyak Cemento, Heidelberg Cement Group

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Turkey Ready Mix Concrete market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Turkey Ready Mix Concrete Market, By Production:
    • On Site
    • Off Site
  • Turkey Ready Mix Concrete Market, By Product Type:
    • Transit Mixed Concrete
    • Shrink Mixed Concrete
  • Turkey Ready Mix Concrete Market, By Application:
    • Commercial
    • Residential
    • Infrastructure
    • Industrial
  • Turkey Ready Mix Concrete Market, By Region:
    • Marmara Region
    • Central Anatolia
    • Aegean Region
    • Mediterranean Region
    • Black Sea Region
    • South-Eastern Anatolia Region
    • Eastern Anatolia Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Turkey 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).
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1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Turkey Ready Mix Concrete Market

4.    Executive Summary

5.    Voice of Customers

6.    Turkey Ready Mix Concrete Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Production (On Site, Off Site)

6.2.2.     By Product Type (Transit Mixed Concrete, Shrink Mixed Concrete)

6.2.3.     By Application (Commercial, Residential, Infrastructure, Industrial

6.2.4.     By Region

6.2.5.     By Company (2020)

6.3.  Product Market Map

7.    Turkey On Site Ready Mix Concrete Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value 

7.2.  Market Share & Forecast

7.2.1.     By Production

7.2.2.     By Product Type

7.2.3.     By Application

8.    Turkey Off Site Ready Mix Concrete Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value 

8.2.  Market Share & Forecast

8.2.1.     By Production

8.2.2.     By Product Type

8.2.3.     By Application

9.    Market Dynamics

9.1.     Drivers

9.2.     Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Import & Export Analysis

13.  Value Chain Analysis

14.  Turkey Economic Profile

15.  Company Profiles

15.1.    Company Profiles

15.1.1.  Akcansa Cement

15.1.2.  Limak Holding

15.1.3.  Votorantim Cimentos

15.1.4.  Elkon

15.1.5.  Enviro Port LLC

15.1.6.  MEKA

15.1.7.  Noval Machine System

15.1.8.  FLSmidth

15.1.9.  Oyak Cemento

15.1.10.                Heidelberg Cement Group

16.  Strategic Recommendations

17.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]