DUBLIN--(BUSINESS WIRE)--The "India Ready Mix Concrete Market, by Production (On Site and Off Site), by Product Type (Transit Mixed Concrete and Shrink Mixed Concrete), by Application (Commercial, Residential, Infrastructure and Industrial), Competition Forecast & Opportunities, FY2026" report has been added to ResearchAndMarkets.com's offering.
The India Ready Mix Concrete Market was valued USD 2378.11 Million in FY2020 and the market is forecast to grow at CAGR of 16.21% during the forecast period.
Ready mix concrete 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 the 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 with share of 55.24% in FY2026 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: FY2016-FY2019
- Base Year: FY2020
- Estimated Year: FY2021
- Forecast Period: FY2022-FY2026
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India Ready Mix Concrete Market
4. Executive Summary
5. Voice of Customer
5.1. Brand Awareness
5.2. Customer Satisfaction Level
5.3. Factors Considered while Selecting a Player or Influencing Purchase Decision
6. India Ready Mix Concrete Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
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 Company (FY2019)
6.2.5. By Region (East; West; North; South)
6.3. Market Attractiveness Index
7. North India Ready Mix Concrete Market Outlook
8. East India Ready Mix Concrete Market Outlook
9. West India Ready Mix Concrete Market Outlook
10. South India Ready Mix Concrete Market Outlook
11. Overview of Construction Sector
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Policy & Regulatory Landscape
15. India Economic Profile
16. Import Export Analysis
17. Competitive Landscape
17.1.1. Ultra Tech Cement Limited
17.1.2. ACC Limited
17.1.3. Nuvoco Vistas Corporation Limited
17.1.4. RDC Concrete (India) Pvt. Ltd
17.1.5. I J M Concrete Products Private Limited
17.1.6. Prism Johnson Limited
17.1.7. The India Cements Limited
17.1.8. Godrej Construction
17.1.9. The Ramco Cement Limited
17.1.10. JK Lakshmi Cement Limited
18. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/7tlpo
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