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Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 65.21 Billion

Market Size (2030)

USD 119.45 Billion

CAGR (2025-2030)

10.45%

Fastest Growing Segment

Precast Products

Largest Market

North America

Market Overview

Global Concrete Market was valued at USD 65.21 billion in 2024 and is expected to reach USD 119.45 billion by 2030 with a CAGR of 10.45% during the forecast period. The concrete market encompasses the global production, distribution, and application of concrete, a fundamental construction material composed of cement, aggregates, water, and additives. As a primary building material, concrete is widely used in infrastructure, residential, commercial, and industrial construction due to its durability, strength, and versatility. The market is driven by rapid urbanization, population growth, and increasing infrastructure investments, including roads, bridges, tunnels, airports, and smart city developments. Governments worldwide are allocating substantial budgets to modernize aging infrastructure, further fueling demand. Additionally, the expansion of the real estate sector, particularly in emerging economies, is boosting concrete consumption for housing and commercial spaces.

Key Market Drivers

Rapid Urbanization and Infrastructure Development

The global concrete market is experiencing significant growth due to rapid urbanization and large-scale infrastructure development worldwide. As populations expand, particularly in emerging economies, the demand for residential, commercial, and industrial construction is rising. Governments are investing heavily in modern infrastructure projects, including roads, bridges, airports, and railways, all of which require massive quantities of concrete. Urban centers are evolving into megacities, requiring durable and cost-effective building materials to support high-rise construction and transportation networks. The development of smart cities and sustainable urban planning initiatives further fuels the demand for high-performance concrete that offers longevity and structural integrity.

Industrialization in developing regions is accelerating the need for factory construction, warehouses, and logistics centers, all of which depend on concrete for foundational strength. The increasing global trend toward urban migration necessitates housing solutions, driving demand for pre-fabricated and ready-mix concrete solutions to expedite construction processes. Governments are also allocating significant funds to revitalize aging infrastructure in developed economies, further contributing to market growth. In the face of climate change, new construction regulations are mandating the use of sustainable and energy-efficient concrete solutions, fostering the development of green concrete alternatives such as carbon-negative concrete and self-healing concrete. The rapid pace of urbanization, coupled with technological advancements in construction methods, is positioning concrete as an indispensable material in modern infrastructure, ensuring steady growth in the market. In 2024, the global construction market is projected to reach a value of approximately USD 15 trillion, with an annual growth rate of about 3.6%. Infrastructure development is a key component, accounting for roughly 60% of total construction spending. 

Rising Demand for Sustainable and Eco-Friendly Construction Materials

Sustainability concerns and stringent environmental regulations are driving the demand for eco-friendly construction materials, creating significant opportunities for the concrete market. The cement production process, a key component of concrete, is a major contributor to global carbon emissions, prompting governments and industry players to invest in green alternatives. Innovations such as low-carbon concrete, geopolymer concrete, and recycled aggregate concrete are gaining traction as viable substitutes for traditional concrete, reducing the environmental impact while maintaining structural integrity. Additionally, the circular economy approach in construction is promoting the use of industrial byproducts such as fly ash, slag, and silica fume in concrete production, minimizing waste and optimizing resource utilization.

As businesses and consumers become more conscious of sustainability, demand for energy-efficient and environmentally responsible construction solutions continues to rise. The integration of carbon capture and storage (CCS) technology in cement and concrete manufacturing is also helping reduce emissions, aligning with global climate goals. Governments worldwide are implementing policies that incentivize the use of sustainable building materials through tax benefits and green building certifications, further accelerating the adoption of eco-friendly concrete. The shift toward sustainable construction practices is expected to drive long-term growth in the concrete market, with increasing investments in research and development to create innovative, high-performance, and environmentally friendly concrete solutions.

Technological Advancements in Concrete Production and Construction Methods

Technological advancements in concrete production and construction methodologies are significantly boosting market growth by enhancing efficiency, durability, and sustainability. The development of self-healing concrete, which incorporates bacteria or capsules that repair cracks automatically, is revolutionizing the industry by reducing maintenance costs and increasing the lifespan of structures. Similarly, the adoption of ultra-high-performance concrete (UHPC) is gaining momentum due to its superior strength, flexibility, and resistance to environmental factors, making it ideal for high-load infrastructure projects. Additionally, the use of 3D printing in construction is transforming the way buildings and infrastructure are developed, allowing for faster, cost-effective, and customized concrete structures with minimal material wastage.

Automation and artificial intelligence (AI) are also playing a crucial role in optimizing concrete mix designs, ensuring quality control, and reducing errors in large-scale construction projects. The integration of digital twin technology and Building Information Modeling (BIM) is enabling real-time monitoring and predictive maintenance of concrete structures, improving efficiency and safety in construction. Moreover, advancements in admixtures and chemical formulations are enhancing the workability, setting time, and weather resistance of concrete, making it suitable for extreme climates and complex architectural designs. As the construction industry embraces smart technologies and data-driven decision-making, the demand for innovative concrete solutions is expected to rise, driving market expansion and positioning concrete as a vital material in modern construction.

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Key Market Challenges

Environmental Impact and Sustainability Concerns

The concrete market faces a significant challenge in addressing its environmental impact, particularly due to high carbon emissions associated with cement production, a key component of concrete. Cement manufacturing accounts for nearly 8% of global CO emissions, making sustainability a critical issue for the industry. The production process involves the calcination of limestone at high temperatures, which releases substantial carbon dioxide. Additionally, the extraction of raw materials such as sand, gravel, and limestone contributes to habitat destruction, resource depletion, and environmental degradation. Governments worldwide are imposing stringent regulations on carbon emissions, forcing concrete manufacturers to adopt greener alternatives and invest in sustainable practices. However, the transition to low-carbon concrete solutions, such as carbon capture technologies, alternative binders, and supplementary cementitious materials (SCMs) like fly ash and slag, presents challenges in terms of cost, scalability, and performance consistency.

Many green alternatives require extensive research and development, and their widespread adoption is hindered by limited availability and regulatory approvals. Furthermore, achieving sustainability goals without compromising the structural integrity, durability, and affordability of concrete remains a key concern. Another challenge is the industry's reliance on water-intensive processes, particularly in regions facing water scarcity. Concrete production consumes vast amounts of freshwater for mixing, curing, and cooling, exacerbating water stress in already vulnerable areas. As environmental concerns intensify, the industry faces growing pressure from regulatory bodies, investors, and consumers to adopt sustainable solutions while maintaining cost efficiency. Governments are introducing carbon taxation and emission reduction targets, pushing companies to invest in carbon-neutral technologies. However, the financial burden of transitioning to greener production methods may not be feasible for all manufacturers, especially small and mid-sized enterprises. Additionally, recycling and reusing construction and demolition waste in concrete production remain underutilized due to technical and logistical challenges.

The lack of standardized policies, inconsistent regulations across regions, and limited incentives for sustainable concrete practices further complicate the industry's ability to implement large-scale environmental initiatives. To mitigate these challenges, manufacturers must accelerate research into alternative cementitious materials, improve carbon capture utilization, and develop energy-efficient production processes. Additionally, collaboration between government bodies, research institutions, and industry players will be essential in promoting sustainability and ensuring compliance with evolving environmental regulations. The adoption of digital technologies, such as AI-driven process optimization and blockchain-based material traceability, can also help reduce waste and improve efficiency in concrete production. While sustainability challenges pose significant obstacles, they also present opportunities for innovation, investment in green technologies, and the development of eco-friendly construction materials that align with global carbon reduction commitments.

Supply Chain Disruptions and Raw Material Shortages

The concrete market is highly dependent on the availability of raw materials such as cement, sand, gravel, and water, making it vulnerable to supply chain disruptions and material shortages. The increasing global demand for construction materials, driven by urbanization, infrastructure development, and population growth, has placed immense pressure on the supply chain. One of the primary challenges is the depletion of high-quality sand, a critical ingredient in concrete production. Excessive sand mining has led to environmental degradation, riverbank erosion, and legal restrictions on extraction in several countries. As a result, the industry faces supply constraints, leading to higher material costs and project delays. Additionally, geopolitical tensions, trade restrictions, and fluctuating fuel prices have significantly impacted the transportation and logistics of raw materials. The COVID-19 pandemic further exacerbated supply chain challenges, with lockdowns, labor shortages, and production halts disrupting the steady flow of materials. Many regions faced difficulties in sourcing cement and aggregates due to supply chain bottlenecks, rising transportation costs, and inconsistent availability of raw materials.

The global energy crisis has also affected concrete production, as high energy costs make cement manufacturing more expensive. Cement kilns, which require substantial energy inputs, are facing cost escalations due to rising fuel and electricity prices. These supply chain disruptions have led to volatile pricing in the concrete market, making it difficult for contractors and developers to manage project budgets effectively. The unpredictability of raw material costs poses a significant risk to profitability, particularly for large-scale infrastructure and real estate projects with tight financial constraints. Another major concern is the shortage of skilled labor in the concrete industry. With increasing automation and advanced construction technologies, the demand for specialized workforce skills has risen, yet there remains a gap in skilled labor availability. Many regions are experiencing labor shortages due to aging workforces, lack of training programs, and the reluctance of younger generations to enter the construction sector. Without a skilled workforce, maintaining quality control, optimizing production processes, and implementing innovative concrete solutions become challenging.

Addressing these supply chain issues requires a multi-faceted approach, including investment in alternative materials such as manufactured sand, recycled aggregates, and geopolymer concrete. Companies must also explore local sourcing strategies to reduce dependency on international supply chains and mitigate risks associated with geopolitical and economic uncertainties. Advancements in digital supply chain management, such as AI-driven demand forecasting and blockchain-enabled material tracking, can improve transparency and efficiency. Additionally, governments and industry stakeholders must collaborate to establish policies that promote responsible resource extraction, encourage investment in sustainable raw material alternatives, and develop workforce training programs to bridge the labor gap. By adopting resilient supply chain strategies, enhancing material efficiency, and leveraging technological advancements, the concrete market can mitigate the impact of raw material shortages and ensure long-term stability in the industry.

Key Market Trends

Growing Demand for Sustainable and Green Concrete

The concrete market is experiencing a significant shift towards sustainable and eco-friendly solutions, driven by increasing environmental concerns, stringent government regulations, and the rising adoption of green building practices. Traditional concrete production is highly energy-intensive and contributes substantially to global carbon emissions, leading to a growing demand for alternatives such as green concrete, which incorporates recycled materials, industrial byproducts, and carbon-capturing technologies. Innovations such as geopolymer concrete, which replaces traditional Portland cement with industrial waste materials like fly ash and slag, are gaining traction due to their lower carbon footprint and enhanced durability. Additionally, advancements in carbon sequestration techniques are enabling the development of carbon-negative concrete, where CO emissions are captured and injected into the concrete mixture, improving strength while reducing environmental impact.

The shift towards green concrete is also being fueled by initiatives from governments and international organizations promoting net-zero emissions in the construction sector. Several major companies are investing heavily in research and development to create high-performance, low-carbon concrete solutions that align with global sustainability goals. Moreover, the growing awareness among consumers and construction firms regarding the long-term benefits of sustainable concrete—such as enhanced energy efficiency, improved resilience, and lower lifecycle costs—is driving widespread adoption. The increasing integration of digital technologies in the concrete manufacturing process is further optimizing material composition and reducing waste, enhancing the overall sustainability of the industry. Additionally, the demand for eco-friendly building certifications such as LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method) is encouraging developers to incorporate sustainable concrete solutions in new construction projects.

With rapid urbanization and expanding infrastructure development worldwide, particularly in emerging economies, the shift toward green concrete is expected to play a critical role in shaping the future of the concrete market. As sustainability becomes a key priority, manufacturers and stakeholders are focusing on innovations that enhance the environmental performance of concrete while maintaining structural integrity and cost-effectiveness. In 2024, the global market for green and sustainable concrete is expected to reach approximately USD 50 billion, driven by the rising need for environmentally friendly construction materials.

Increasing Adoption of Smart and Self-Healing Concrete

The concrete industry is witnessing rapid technological advancements with the emergence of smart and self-healing concrete, revolutionizing the way structures are built and maintained. Smart concrete incorporates advanced sensors and IoT (Internet of Things) technology to monitor structural health in real-time, enabling early detection of cracks, stress levels, and temperature fluctuations. This trend is being driven by increasing investments in smart infrastructure and the need for long-lasting, resilient construction materials that can withstand extreme environmental conditions. Self-healing concrete, another groundbreaking innovation, utilizes microorganisms, capsules filled with healing agents, or fiber-reinforced composites to automatically repair cracks and extend the lifespan of structures.

The use of bacteria-based self-healing concrete, where microorganisms produce limestone to seal cracks when exposed to water, is gaining traction as a sustainable and cost-effective solution to reduce maintenance costs and enhance durability. Governments and private investors are actively supporting the development of smart infrastructure, integrating cutting-edge materials into bridges, highways, and high-rise buildings to improve safety and longevity. Additionally, the increasing demand for predictive maintenance solutions in construction is propelling the adoption of self-healing and sensor-embedded concrete. By reducing repair costs and minimizing downtime, these innovations provide significant economic benefits, making them an attractive choice for large-scale infrastructure projects. The integration of artificial intelligence (AI) and big data analytics in smart concrete solutions further enhances structural monitoring, allowing for predictive analysis and timely interventions to prevent potential failures.

As urbanization continues to accelerate, especially in developing economies, the demand for advanced concrete solutions that enhance resilience, and sustainability is expected to surge. The growing focus on building resilient and disaster-proof infrastructure, particularly in regions prone to earthquakes, floods, and other natural disasters, is further reinforcing the adoption of smart and self-healing concrete. This technological shift is redefining the construction landscape, paving the way for next-generation, intelligent materials that significantly enhance the performance and longevity of concrete structures.

Segmental Insights

Concrete Type Insights

The Ready-mix Concrete segment held the largest Market share in 2024. The ready-mix concrete (RMC) segment is a major driver of growth in the concrete market, fueled by increasing urbanization, rapid infrastructure development, and the rising demand for high-performance, durable construction materials. Governments worldwide are investing heavily in smart cities, transportation networks, and large-scale commercial and residential projects, accelerating the adoption of ready-mix concrete. The growing preference for sustainable and energy-efficient buildings has further strengthened market demand, as RMC offers superior quality control, reduced material wastage, and lower environmental impact compared to traditional site-mixed concrete. The expansion of the real estate sector, particularly in emerging economies such as India, China, and Brazil, is also a key growth factor, as developers seek cost-effective and time-efficient construction solutions. Additionally, advancements in RMC technology, including the development of high-performance concrete mixtures with enhanced strength, workability, and durability, are driving adoption across diverse applications, from skyscrapers and bridges to industrial facilities.

The increasing use of automation and digitalization in RMC production, such as batching plant automation and IoT-based quality monitoring, is improving efficiency and consistency, further boosting market growth. Furthermore, stringent government regulations regarding construction quality and environmental sustainability are encouraging the shift toward ready-mix concrete, as it minimizes dust emissions and optimizes raw material utilization. The rise of prefabrication and modular construction trends is also fueling demand, as RMC provides the precise mix compositions required for factory-made concrete elements. The commercial sector, including retail complexes, office buildings, and hospitality infrastructure, is increasingly adopting RMC due to its faster setting time and uniform performance. Additionally, the increasing number of public-private partnerships (PPPs) in infrastructure projects, particularly in roads, highways, and metro rail networks, is driving large-scale consumption of ready-mix concrete.

The rapid expansion of industrial construction, including manufacturing plants, logistics hubs, and power generation facilities, is another key factor contributing to market growth, as these projects require high-strength, durable concrete solutions. Moreover, growing investments in green concrete initiatives and the development of eco-friendly RMC variants, such as self-healing concrete and carbon-neutral mixtures, are expanding the market landscape. The construction industry's shift toward lean and sustainable practices, including just-in-time delivery systems and supply chain optimization, is further reinforcing the demand for ready-mix concrete. In developed markets such as North America and Europe, stringent building codes and sustainability mandates are prompting contractors and developers to opt for RMC, ensuring compliance with green building standards such as LEED and BREEAM. Meanwhile, in emerging economies, the proliferation of mega infrastructure projects, such as airports, highways, and metro systems, is significantly boosting market growth.

The increasing penetration of international players in developing regions, coupled with strategic mergers and acquisitions, is enhancing production capacity and market reach. Additionally, the rising adoption of fiber-reinforced and ultra-high-performance concrete (UHPC) in critical infrastructure applications, including dams, tunnels, and nuclear power plants, is further driving demand. Overall, the ready-mix concrete segment is poised for substantial growth, driven by technological advancements, sustainability initiatives, and robust infrastructure investments worldwide.

Application Insights

The Reinforced Concrete segment held the largest Market share in 2024. The reinforced concrete segment is a key driver of growth in the global concrete market, fueled by increasing infrastructure development, urbanization, and the rising demand for durable and high-strength construction materials. Reinforced concrete, known for its superior tensile strength, structural integrity, and longevity, is extensively used in residential, commercial, and industrial construction, as well as in large-scale infrastructure projects such as bridges, highways, tunnels, and high-rise buildings. The rapid expansion of smart cities and urban development initiatives, particularly in emerging economies, is significantly boosting demand for reinforced concrete as governments invest heavily in transportation networks, housing projects, and energy infrastructure. Additionally, the growing emphasis on disaster-resistant construction, particularly in earthquake-prone and high-wind regions, has further accelerated the adoption of reinforced concrete due to its enhanced durability and load-bearing capacity.

Technological advancements in construction materials, such as the development of high-performance concrete (HPC) and fiber-reinforced concrete (FRC), are further driving the reinforced concrete market by improving its strength, flexibility, and resistance to environmental factors. The integration of advanced reinforcement materials, including corrosion-resistant steel, glass fiber, and carbon fiber, is enhancing the longevity and performance of reinforced concrete structures. Sustainability concerns are also shaping market dynamics, with an increasing focus on eco-friendly concrete formulations incorporating recycled aggregates and supplementary cementitious materials (SCMs) such as fly ash, slag, and silica fume to reduce carbon emissions. Additionally, the rise of prefabricated and precast reinforced concrete elements is transforming the construction industry by improving efficiency, reducing labor costs, and minimizing on-site waste.

The reinforced concrete segment is also benefiting from significant investments in public infrastructure and private real estate development. Governments across the globe are prioritizing the modernization of existing infrastructure, including bridges, dams, and public buildings, creating a steady demand for reinforced concrete. Furthermore, the proliferation of high-rise buildings and skyscrapers in major metropolitan areas, driven by population growth and urban space constraints, is reinforcing the need for high-strength concrete solutions that offer superior load-bearing capacity and durability. The rise in commercial real estate developments, such as office complexes, shopping malls, and mixed-use spaces, is another key factor driving market expansion.

In addition to infrastructure and real estate, the industrial sector is also a major contributor to the reinforced concrete market. Manufacturing plants, power stations, and water treatment facilities require robust construction materials to withstand heavy loads and harsh environmental conditions, further propelling demand. The ongoing transition towards renewable energy infrastructure, including wind farms and hydroelectric power plants, is creating additional opportunities for reinforced concrete applications. Moreover, government regulations and building codes mandating the use of reinforced concrete in structural applications for safety and resilience are strengthening market growth.

Overall, the reinforced concrete segment continues to be a critical driver of the concrete market, supported by ongoing urbanization, technological innovations, sustainability trends, and large-scale infrastructure investments. As construction standards evolve and the demand for high-performance building materials increases, reinforced concrete is expected to maintain its dominance in the global concrete market, offering strong growth prospects for industry stakeholders.

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Regional Insights

Largest Region

North America region held the largest market share in 2024. The North America concrete market is experiencing strong growth, driven by increasing infrastructure development, rapid urbanization, and rising investments in commercial and residential construction. Government initiatives for upgrading aging infrastructure, including roads, bridges, airports, and public transit systems, are fueling significant demand for concrete. The U.S. Infrastructure Investment and Jobs Act (IIJA) is a key driver, allocating substantial funding for construction and repair projects, thereby boosting concrete consumption. Additionally, the growing demand for sustainable and high-performance concrete solutions is driving innovation in the industry. The adoption of eco-friendly materials, such as carbon capture concrete and recycled aggregates, is gaining traction due to stringent environmental regulations and corporate sustainability commitments. The expansion of smart cities, coupled with advancements in building technologies, is further propelling the need for high-strength and durable concrete. The rise in urban population and housing demand, particularly in metropolitan areas, is accelerating residential construction, leading to increased consumption of ready-mix and precast concrete. Additionally, the growing commercial real estate sector, including office buildings, warehouses, and data centers, is creating new growth opportunities.

Technological advancements, such as self-healing concrete, 3D-printed structures, and advanced admixtures, are enhancing product performance and extending infrastructure longevity. The shift toward prefabrication and modular construction methods is also driving demand, as concrete plays a crucial role in off-site construction. Furthermore, the expansion of the renewable energy sector, particularly wind farms and hydropower projects, is increasing the need for durable concrete foundations. The surge in e-commerce has fueled demand for logistics and distribution centers, further strengthening the commercial construction sector. Additionally, rising investments in public and private sector megaprojects, such as stadiums, highways, and mixed-use developments, are significantly contributing to market expansion. The Canadian construction industry is also witnessing steady growth, supported by government initiatives and increasing immigration, which is driving demand for new housing and infrastructure. Moreover, extreme weather conditions and natural disasters in North America necessitate resilient and durable construction materials, further emphasizing the importance of high-quality concrete.

The adoption of digitalization and automation in construction, including Building Information Modeling (BIM) and robotics, is optimizing project efficiency and increasing the demand for precision-engineered concrete solutions. The presence of major concrete manufacturers, along with strong distribution networks and supply chain advancements, is ensuring a steady supply of high-quality materials. Additionally, ongoing research and development efforts to enhance concrete properties, such as strength, durability, and energy efficiency, are fostering innovation in the market.

The rise in government policies promoting green building certifications, such as LEED (Leadership in Energy and Environmental Design), is further accelerating the adoption of sustainable concrete solutions. Overall, the North America concrete market is poised for significant growth, driven by a combination of infrastructure investments, technological advancements, sustainability initiatives, and evolving construction practices. With strong government support, rising urbanization, and increasing private sector investments, the market is expected to witness sustained expansion in the coming years, presenting lucrative opportunities for manufacturers, suppliers, and construction companies across the region.

Emerging Region

South America is emerging as a key region in the global concrete market, driven by rapid urbanization, increasing infrastructure projects, and a rising demand for sustainable construction materials. Countries such as Brazil, Argentina, and Chile are seeing significant investments in both residential and commercial construction, as well as large-scale infrastructure developments, including roads, bridges, and public transit systems. The region’s growing focus on sustainability is also pushing the demand for eco-friendly concrete alternatives, such as recycled materials and low-carbon concrete solutions. With a young and expanding population, along with improving economic conditions, South America is poised to become a major player in the global concrete market, attracting both local and international companies looking to tap into its growing construction and infrastructure sectors.

Recent Developments

  • In March 2024, Shree Cement expanded its operations by introducing Bangur Concrete and commissioning its first Greenfield Ready-Mix Concrete (RMC) plant in Hyderabad. With a production capacity of 90 cubic meters per hour, this initiative strengthens the company’s market presence and enhances its cement business growth.
  • In May 2023, Nuvoco Vistas Corp. Ltd. launched a new Ready-Mix Concrete (RMX) plant in Vizag, Andhra Pradesh, with a production capacity of 60 cubic meters per hour. This strategic expansion aims to provide high-quality concrete, reduce costs, enhance efficiency, and support sustainability initiatives. 
  • In February 2025, Shree Cement introduced its premium offering, Bangur Marble Cement, under its flagship Bangur Cement brand. This Portland Slag Cement (PSC) boasts top-tier brightness, exceptional strength, and enhanced crack resistance, making it the perfect choice for exposed concrete structures. It ensures the creation of impressive, durable designs that stand out with grandeur and resilience.

Key Market Players

  • CEMEX S.A.B. de C.V.
  • M. I. Cement Factory Limited.
  • ACC Limited
  • UltraTech Cement Ltd.
  • LafargeHolcim
  • Buzzi Unicem SpA
  • R. W. Sidley, Inc.
  • HEIDELBERGCEMENT AG
  • Italcementi Group
  • Hanson Cement Ltd.

By Concrete Type

By Application

By End-User industry

By Region

  • Ready-mix Concrete
  • Precast Products
  • Precast Elements
  • Reinforced Concrete
  • Non-reinforced Concrete
  • Roads & Highways
  • Tunnels
  • Residential Buildings
  • Non-Residential Buildings
  • Dams & Power Plants
  • Mining
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Concrete Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Concrete Market, By Concrete Type:

o   Ready-mix Concrete

o   Precast Products

o   Precast Elements  

  • Concrete Market, By Application:

o   Reinforced Concrete

o   Non-reinforced Concrete  

  • Concrete Market, By End-User industry:

o   Roads & Highways

o   Tunnels

o   Residential Buildings

o   Non-Residential Buildings

o   Dams & Power Plants

o   Mining

o   Others  

  • Concrete Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Concrete Market.

Available Customizations:

Global Concrete Market report with the given Market data, Tech Sci 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).

Global Concrete Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

Table of content

Table of content

1.    Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1.   Markets Covered

1.2.2.   Years Considered for Study

1.3. Key Market Segmentations

2.    Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Formulation of the Scope

2.4. Assumptions and Limitations

2.5. Sources of Research

2.5.1.   Secondary Research

2.5.2.   Primary Research

2.6. Approach for the Market Study

2.6.1.   The Bottom-Up Approach

2.6.2.   The Top-Down Approach

2.7. Methodology Followed for Calculation of Market Size & Market Shares

2.8. Forecasting Methodology

2.8.1.   Data Triangulation & Validation

3.    Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Concrete Market Outlook

5.1. Market Size & Forecast

5.1.1.   By Value

5.2. Market Share & Forecast

5.2.1.   By Concrete Type (Ready-mix Concrete, Precast Products, Precast Elements)

5.2.2.   By Application (Reinforced Concrete, Non-reinforced Concrete)

5.2.3.   By End-User industry (Roads & Highways, Tunnels, Residential Buildings, Non-Residential Buildings, Dams & Power Plants, Mining, Others)

5.2.4.   By Region

5.3. By Company (2024)

5.4. Market Map

6.    North America Concrete Market Outlook

6.1. Market Size & Forecast          

6.1.1.   By Value

6.2. Market Share & Forecast

6.2.1.   By Concrete Type

6.2.2.   By Application

6.2.3.   By End-User industry

6.2.4.   By Country

6.3. North America: Country Analysis

6.3.1.   United States Concrete Market Outlook

6.3.1.1.               Market Size & Forecast

6.3.1.1.1.          By Value

6.3.1.2.               Market Share & Forecast

6.3.1.2.1.          By Concrete Type

6.3.1.2.2.          By Application

6.3.1.2.3.          By End-User industry

6.3.2.   Canada Concrete Market Outlook

6.3.2.1.               Market Size & Forecast

6.3.2.1.1.          By Value

6.3.2.2.               Market Share & Forecast

6.3.2.2.1.          By Concrete Type

6.3.2.2.2.          By Application

6.3.2.2.3.          By End-User industry

6.3.3.   Mexico Concrete Market Outlook

6.3.3.1.               Market Size & Forecast

6.3.3.1.1.          By Value

6.3.3.2.               Market Share & Forecast

6.3.3.2.1.          By Concrete Type

6.3.3.2.2.          By Application

6.3.3.2.3.          By End-User industry

7.    Europe Concrete Market Outlook

7.1. Market Size & Forecast          

7.1.1.   By Value

7.2. Market Share & Forecast

7.2.1.   By Concrete Type

7.2.2.   By Application

7.2.3.   By End-User industry

7.2.4.   By Country

7.3. Europe: Country Analysis

7.3.1.   Germany Concrete Market Outlook

7.3.1.1.               Market Size & Forecast

7.3.1.1.1.          By Value

7.3.1.2.               Market Share & Forecast

7.3.1.2.1.          By Concrete Type

7.3.1.2.2.          By Application

7.3.1.2.3.          By End-User industry

7.3.2.   United Kingdom Concrete Market Outlook

7.3.2.1.               Market Size & Forecast

7.3.2.1.1.          By Value

7.3.2.2.               Market Share & Forecast

7.3.2.2.1.          By Concrete Type

7.3.2.2.2.          By Application

7.3.2.2.3.          By End-User industry

7.3.3.   Italy Concrete Market Outlook

7.3.3.1.               Market Size & Forecast

7.3.3.1.1.          By Value

7.3.3.2.               Market Share & Forecast

7.3.3.2.1.          By Concrete Type

7.3.3.2.2.          By Application

7.3.3.2.3.          By End-User industry

7.3.4.   France Concrete Market Outlook

7.3.4.1.               Market Size & Forecast

7.3.4.1.1.          By Value

7.3.4.2.               Market Share & Forecast

7.3.4.2.1.          By Concrete Type

7.3.4.2.2.          By Application

7.3.4.2.3.          By End-User industry

7.3.5.   Spain Concrete Market Outlook

7.3.5.1.               Market Size & Forecast

7.3.5.1.1.          By Value

7.3.5.2.               Market Share & Forecast

7.3.5.2.1.          By Concrete Type

7.3.5.2.2.          By Application

7.3.5.2.3.          By End-User industry

8.    Asia-Pacific Concrete Market Outlook

8.1. Market Size & Forecast          

8.1.1.   By Value

8.2. Market Share & Forecast

8.2.1.   By Concrete Type

8.2.2.   By Application

8.2.3.   By End-User industry

8.2.4.   By Country

8.3. Asia-Pacific: Country Analysis

8.3.1.   China Concrete Market Outlook

8.3.1.1.               Market Size & Forecast

8.3.1.1.1.          By Value

8.3.1.2.               Market Share & Forecast

8.3.1.2.1.          By Concrete Type

8.3.1.2.2.          By Application

8.3.1.2.3.          By End-User industry

8.3.2.   India Concrete Market Outlook

8.3.2.1.               Market Size & Forecast

8.3.2.1.1.          By Value

8.3.2.2.               Market Share & Forecast

8.3.2.2.1.          By Concrete Type

8.3.2.2.2.          By Application

8.3.2.2.3.          By End-User industry

8.3.3.   Japan Concrete Market Outlook

8.3.3.1.               Market Size & Forecast

8.3.3.1.1.          By Value

8.3.3.2.               Market Share & Forecast

8.3.3.2.1.          By Concrete Type

8.3.3.2.2.          By Application

8.3.3.2.3.          By End-User industry

8.3.4.   South Korea Concrete Market Outlook

8.3.4.1.               Market Size & Forecast

8.3.4.1.1.          By Value

8.3.4.2.               Market Share & Forecast

8.3.4.2.1.          By Concrete Type

8.3.4.2.2.          By Application

8.3.4.2.3.          By End-User industry

8.3.5.   Australia Concrete Market Outlook

8.3.5.1.               Market Size & Forecast

8.3.5.1.1.          By Value

8.3.5.2.               Market Share & Forecast

8.3.5.2.1.          By Concrete Type

8.3.5.2.2.          By Application

8.3.5.2.3.          By End-User industry

9.    South America Concrete Market Outlook

9.1. Market Size & Forecast          

9.1.1.   By Value

9.2. Market Share & Forecast

9.2.1.   By Concrete Type

9.2.2.   By Application

9.2.3.   By End-User industry

9.2.4.   By Country

9.3. South America: Country Analysis

9.3.1.   Brazil Concrete Market Outlook

9.3.1.1.               Market Size & Forecast

9.3.1.1.1.          By Value

9.3.1.2.               Market Share & Forecast

9.3.1.2.1.          By Concrete Type

9.3.1.2.2.          By Application

9.3.1.2.3.          By End-User industry

9.3.2.   Argentina Concrete Market Outlook

9.3.2.1.               Market Size & Forecast

9.3.2.1.1.          By Value

9.3.2.2.               Market Share & Forecast

9.3.2.2.1.          By Concrete Type

9.3.2.2.2.          By Application

9.3.2.2.3.          By End-User industry

9.3.3.   Colombia Concrete Market Outlook

9.3.3.1.               Market Size & Forecast

9.3.3.1.1.          By Value

9.3.3.2.               Market Share & Forecast

9.3.3.2.1.          By Concrete Type

9.3.3.2.2.          By Application

9.3.3.2.3.          By End-User industry

10. Middle East and Africa Concrete Market Outlook

10.1.    Market Size & Forecast      

10.1.1.                By Value

10.2.    Market Share & Forecast

10.2.1.                By Concrete Type

10.2.2.                By Application

10.2.3.                By End-User industry

10.2.4.                By Country

10.3.    Middle East and Africa: Country Analysis

10.3.1.                South Africa Concrete Market Outlook

10.3.1.1.            Market Size & Forecast

10.3.1.1.1.       By Value

10.3.1.2.            Market Share & Forecast

10.3.1.2.1.       By Concrete Type

10.3.1.2.2.       By Application

10.3.1.2.3.       By End-User industry

10.3.2.                Saudi Arabia Concrete Market Outlook

10.3.2.1.            Market Size & Forecast

10.3.2.1.1.       By Value

10.3.2.2.            Market Share & Forecast

10.3.2.2.1.       By Concrete Type

10.3.2.2.2.       By Application

10.3.2.2.3.       By End-User industry

10.3.3.                UAE Concrete Market Outlook

10.3.3.1.            Market Size & Forecast

10.3.3.1.1.       By Value

10.3.3.2.            Market Share & Forecast

10.3.3.2.1.       By Concrete Type

10.3.3.2.2.       By Application

10.3.3.2.3.       By End-User industry

10.3.4.                Kuwait Concrete Market Outlook

10.3.4.1.            Market Size & Forecast

10.3.4.1.1.       By Value

10.3.4.2.            Market Share & Forecast

10.3.4.2.1.       By Concrete Type

10.3.4.2.2.       By Application

10.3.4.2.3.       By End-User industry

10.3.5.                Turkey Concrete Market Outlook

10.3.5.1.            Market Size & Forecast

10.3.5.1.1.       By Value

10.3.5.2.            Market Share & Forecast

10.3.5.2.1.       By Concrete Type

10.3.5.2.2.       By Application

10.3.5.2.3.       By End-User industry

11. Market Dynamics

11.1.    Drivers

11.2.    Challenges

12. Market Trends & Developments

12.1.    Merger & Acquisition (If Any)

12.2.    Product Launches (If Any)

12.3.    Recent Developments

13. Company Profiles

13.1.    CEMEX S.A.B. de C.V.

13.1.1.                Business Overview

13.1.2.                Key Revenue and Financials 

13.1.3.                Recent Developments

13.1.4.                Key Personnel/Key Contact Person

13.1.5.                Key Product/Services Offered

13.2.    M. I. Cement Factory Limited.  

13.3.    ACC Limited

13.4.    UltraTech Cement Ltd.

13.5.    LafargeHolcim

13.6.    Buzzi Unicem SpA

13.7.    R. W. Sidley, Inc.

13.8.    HEIDELBERGCEMENT AG

13.9.    Italcementi Group

13.10.  Hanson Cement Ltd.

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The Market size of the Global Concrete Market was USD 65.21 billion in 2024.

In 2024, the Ready-mix Concrete segment dominated the market. The ready-mix concrete segment is driving growth in the concrete market due to increasing urbanization, infrastructure development, and demand for high-quality, time-efficient construction solutions. Government investments in smart cities, transportation, and commercial projects further boost adoption. Additionally, advancements in batching technology and sustainable concrete formulations enhance market expansion and operational efficiency.

The concrete market faces challenges such as rising raw material costs, stringent environmental regulations, and high carbon emissions associated with cement production. Additionally, supply chain disruptions, labor shortages, and increasing demand for sustainable alternatives are pressuring industry growth. Innovation in eco-friendly concrete solutions is essential to address these challenges and ensure long-term market viability.

The concrete market is driven by rapid urbanization, expanding infrastructure projects, and growing demand for sustainable construction materials. Increasing investments in residential, commercial, and industrial development, along with government initiatives for smart cities and transportation networks, are fueling growth. Technological advancements in high-performance and eco-friendly concrete further accelerate market expansion.

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