China Ready-mix Concrete Market Size & Outlook, 2024-2030
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China ready-mix concrete market highlights
- The China ready-mix concrete market generated a revenue of USD 330,951.2 million in 2023 and is expected to reach USD 599,268.3 million by 2030.
- The China market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2023.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
Ready-mix concrete market data book summary
| Market revenue in 2023 | USD 330,951.2 million |
| Market revenue in 2030 | USD 599,268.3 million |
| Growth rate | 8.9% (CAGR from 2024 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Commercial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commercial, Residential, Infrastructure, Industrial |
| Key market players worldwide | Vicat SA, Holcim Ltd, Buzzi Spa, Barney & Dickenson, Dillon Bros concrete, Livingston's Concrete Service, Cemex SAB de CV ADR, Heidelberg Materials AG, China National Building Material Co Ltd Class H, Vulcan Materials Co, UltraTech Cement Ltd DR |
Other key industry trends
- In terms of revenue, China accounted for 37.4% of the global ready-mix concrete market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ready-mix concrete market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 140,320.4 million by 2030.
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Ready-mix Concrete Market Scope
Ready-mix Concrete Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| China National Building Material Co Ltd Class H | View profile | 145277 | No. 17 Fuxing Road, 21st Floor, Tower 2 (Building B), Guohai Plaza, Haidian District, Beijing, China, People's Republic of, 100036 | https://www.cnbmltd.cn |
| Livingston's Concrete Service | View profile | 51-100 | North Highlands, California, United States, North America | https://www.livingstonsconcrete.com |
| Dillon Bros concrete | View profile | 1-10 | New Orleans, Louisiana, United States, North America | https://www.dillonbrosconcrete.com/ |
| Barney & Dickenson | View profile | 51-100 | Vestal, New York, United States, North America | https://www.barneyanddickenson.com |
| Buzzi Spa | View profile | 9620 | Via Luigi Buzzi, 6, Casale Monferrato, Italy, 15033 | https://www.buzziunicem.com |
| Vicat SA | View profile | 9993 | 4 Rue Aristide Berges, Les Trois Vallons, L'Isle-d'Abeau, France, 38080 | https://www.vicat.fr |
| Heidelberg Materials AG | View profile | 51000 | Berliner Strasse 6, Heidelberg, BW, Germany, 69120 | https://www.heidelbergmaterials.com |
| Vulcan Materials Co | View profile | 10382 | 1200 Urban Center Drive, Birmingham, AL, United States, 35242 | https://www.vulcanmaterials.com |
| Holcim Ltd | View profile | 63448 | Grafenauweg 10, Zug, Switzerland, CH-6300 | https://www.holcim.com |
| UltraTech Cement Ltd DR | View profile | 22916 | Mahakali Caves Road, B Wing, Ahura Centre, 2nd Floor, Andheri (East), Mumbai, MH, India, 400 093 | https://www.ultratechcement.com |
| Cemex SAB de CV ADR | View profile | 46497 | Avenida Ricardo Margain Zozaya No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, Mexico, 66265 | https://www.cemex.com |
China ready-mix concrete market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ready-mix concrete market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 35.61% in 2023. Horizon Databook has segmented the China ready-mix concrete market based on commercial, residential, infrastructure, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of China ready-mix concrete market databook
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Our clientele includes a mix of ready-mix concrete market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China ready-mix concrete market , including forecasts for subscribers. This country databook contains high-level insights into China ready-mix concrete market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China ready-mix concrete market size, by application, 2018-2030 (US$M)
China Ready-mix Concrete Market Outlook Share, 2023 & 2030 (US$M)
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