Global Ready Mix Concrete market will reach 72300 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/5/10

Ready Mix Concrete is a ready-to-use material which is a mixture of Cement, Sand, Aggregate and Water. RMC is a type of Concrete which is mixed in a batching plant according to the specification of the customer and delivered to the site by the use of transit mixer as it is away from the construction site.

In production market, the global production value will increases to 464513.5 Million USD in 2017 from 344005.1 Million USD in 2012.

China is the largest consumption of Ready Mix Concrete, with a sales market share nearly 26.18% in 2016.

The second place is Europe; following China with the sales market share over 14.56%. Southeast Asia is another important consumption market of Ready Mix Concrete.

The global Ready Mix Concrete market is valued at 46400 million US$ in 2017 and will reach 72300 million US$ by the end of 2025, growing at a CAGR of 5.7% during 2018-2025.

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