China Ready-mix Concrete Market Size & Outlook, 2022-2030

The ready-mix concrete market in China is expected to reach a projected revenue of US$ 599,268.3 million by 2030. A compound annual growth rate of 8.8% is expected of China ready-mix concrete market from 2023 to 2030.
Revenue, 2022 (US$M)
$304,917.1
Forecast, 2030 (US$M)
$599,268.3
CAGR, 2023 - 2030
8.8%
Report Coverage
China

China ready-mix concrete market highlights

  • The China ready-mix concrete market generated a revenue of USD 304,917.1 million in 2022 and is expected to reach USD 599,268.3 million by 2030.
  • The China market is expected to grow at a CAGR of 8.8% from 2023 to 2030.
  • In terms of segment, residential was the largest revenue generating application in 2022.
  • 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 2022USD 304,917.1 million
Market revenue in 2030USD 599,268.3 million
Growth rate8.8% (CAGR from 2022 to 2030)
Largest segmentResidential
Fastest growing segmentCommercial
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCommercial, Residential, Infrastructure, Industrial
Key market players worldwideVicat 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 37.2% of the global ready-mix concrete market in 2022.
  • 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 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 35.72% in 2022. 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

  • Our clientele includes a mix of ready-mix concrete market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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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, 2022 & 2030 (US$M)

China ready-mix concrete market size, by application, 2018-2030 (US$M)

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