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India Ready Mix Concrete Market Size, Share, Growth, Trend & Forecast 2026

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. http://bit.ly/2xSy7Fb

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India Ready Mix Concrete Market Size, Share, Growth, Trend & Forecast 2026

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  1. PUBLISHED : OCTOBER 2020 PUBLISHED : OCTOBER 2020 COMPETITION, FORECAST AND OPPORTUNITIES FY2016 – FY2026 INDIA READY MIX CONCRETE MARKET COMPETITION, FORECAST AND OPPORTUNITIES © TechSci Research www.techsciresearch.com www.techsciresearch.com M A R K E T I N T E L L I G E N C E . C O N S U L T I N G M A R K E T I N T E L L I G E N C E . C O N S U L T I N G 1

  2. Table of Contents S. No. Contents 1. Product Overview 2. Research Methodology 3. Impact of COVID-19 on India Ready Mix Concrete Market 4. Executive Summary 5. Voice of Customer 6. India Ready Mix Concrete Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value & 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 Region (North, West, South and East) 6.2.5. By Company (2020) 6.3. Market Attractiveness Index 7. West India Ready Mix Concrete Market Outlook 7.1. Market Size & Forecast © TechSci Research 7.1.1. By Value & Volume 7.2. Market Share & Forecast 7.2.1. By Production 2

  3. Ta b l e o f C o n te n t s Table of Contents S. No. Contents 7.2.2. By Product Type 7.2.3. By Application 7.3. Pricing Analysis 8. North India Ready Mix Concrete Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Production 8.2.2. By Product Type 8.2.3. By Application 8.3. Pricing Analysis 9. South India Ready Mix Concrete Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value & Volume 9.2. Market Share & Forecast 9.2.1. By Production 9.2.2. By Product Type © TechSci Research 9.2.3. By Application 9.3. Pricing Analysis 3

  4. Ta b l e o f C o n te n t s Table of Contents S. No. Contents 10. East India Ready Mix Concrete Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value & Volume 10.2. Market Share & Forecast 10.2.1. By Production 10.2.2. By Product Type 10.2.3. By Application 10.3. Pricing Analysis 11. Overview of Construction Sector 12. Market Dynamics 12.1. Drivers 12.2. Challenges 13. Market Trends and Developments © TechSci Research 14. Policy and Regulatory Landscape 15. India Economic Profile 16. Import Export Analysis 4

  5. Ta b l e o f C o n te n t s Table of Contents S. No. Contents 17. Competitive Landscape 17.1. Ultra Tech Cement Limited 17.2. ACC Limited 17.3. Nuvoco Vistas Corporation Limited 17.4. RDC Concrete(India) Pvt. Ltd 17.5. I J M Concrete Products Private Limited 17.6. Prism Johnson Limited 17.7. The India Cements Limited 17.8. Godrej Construction 17.9. The Ramco Cement Limited JK Lakshmi Cement Limited 17.10. 18. Strategic Recommendations 19. About Us & Disclaimer © TechSci Research 5

  6. Ta b l e o f C o n te n t s List of Figures S. No. Title Figure 1: India Ready Mix Concrete Market Size, By Value (USD Million), 2016–2026F Figure 2: India Ready Mix Concrete Market Size, By Volume (Million Cubic Meter), 2016–2026F Figure 3: Growth in Infrastructure Activities, By Sector, 2018-19 (%) Figure 4: Infrastructure Investment in India, 2008-12, 2013-17 and 2018-2022F (USD Million) Figure 5: India Ready Mix Concrete Market Share, By Production, By Value, 2016-2026F Figure 6: India Ready Mix Concrete Market Share, By Product Type, By Value, 2016-2026F Figure 7: India Ready Mix Concrete Market Share, By Application, By Value, 2016-2026F Figure 8: India Ready Mix Concrete Market Share, By Region, By Value, 2016-2026F Figure 9: India Ready Mix Concrete Market Share, By Region, By Value, 2020 & 2026F Figure 10: India Ready Mix Concrete Market Share, By Company, By Value, 2020 Figure 11: Production Map on the basis of Market Size (USD Million) & Growth Rate (%) Figure 12: Product Type Map on the basis of Market Size (USD Million) & Growth Rate (%) Figure 13: Application Map on the basis of Market Size (USD Million) & Growth Rate (%) Figure 14: Region Map on the basis of Market Size (USD Million) & Growth Rate (%) Figure 15: West India Ready Mix Concrete Market Size, By Value (USD Million), 2016–2026F Figure 16: West India Ready Mix Concrete Market Size, By Volume (Million Cubic Meter), 2016–2026F Figure 17: West India Ready Mix Concrete Market Share, By Production, By Value, 2016-2026F Figure 18: West India Ready Mix Concrete Market Share, By Product Type, By Value, 2016-2026F © TechSci Research Figure 19: West India Ready Mix Concrete Market Share, By Application, By Value, 2016-2026F Figure 20: North India Ready Mix Concrete Market Size, By Value (USD Million), 2016–2026F Figure 21: North India Ready Mix Concrete Market Size, By Volume (Million Cubic Meter), 2016–2026F 6

  7. Ta b l e o f C o n te n t s List of Figures Title S. No. Figure 22: North India Ready Mix Concrete Market Share, By Production, By Value, 2016-2026F Figure 23: North India Ready Mix Concrete Market Share, By Product Type, By Value, 2016-2026F Figure 24: North India Ready Mix Concrete Market Share, By Application, By Value, 2016-2026F Figure 25: South India Ready Mix Concrete Market Size, By Value (USD Million), 2016–2026F Figure 26: South India Ready Mix Concrete Market Size, By Volume (Million Cubic Meter), 2016–2026F Figure 27: South India Ready Mix Concrete Market Share, By Production, By Value, 2016-2026F Figure 28: South India Ready Mix Concrete Market Share, By Product Type, By Value, 2016-2026F Figure 29: South India Ready Mix Concrete Market Share, By Application, By Value, 2016-2026F Figure 30: East India Ready Mix Concrete Market Size, By Value (USD Million), 2016–2026F Figure 31: East India Ready Mix Concrete Market Size, By Volume (Million Cubic Meter), 2016–2026F Figure 32: East India Ready Mix Concrete Market Share, By Production, By Value, 2016-2026F Figure 33: East India Ready Mix Concrete Market Share, By Product Type, By Value, 2016-2026F Figure 34: East India Ready Mix Concrete Market Share, By Application, By Value, 2016-2026F India Ready Mix Concrete Export Scenario, By Value (USD Million) & By Volume (kgs), FY2016 -FY2020 (HS Code: 38245010) India Ready Mix Concrete Import Scenario, By Value (USD Million) & By Volume (kgs), FY2016 -FY2020 (HS Code: 38245010) Figure 35: Figure 36: © TechSci Research 7

  8. Ta b l e o f C o n te n t s List of Tables Title S. No. Upcoming Hotel Projects in India, By Existing Hotels and Planned Hotels, By Expected Timeline of Execution of Projects, 2020 Table 1: Table 2: Number of Proposed Smart Cities in West India, By State (As of January 2020) Table 3: West India Ready Mix Concrete Pricing Analysis Table 4: Number of Proposed Smart Cities in West India, By State (As of January 2020) Table 5: North India Ready Mix Concrete Pricing Analysis Table 6: Number of Proposed Smart Cities in West India, By State (As of January 2020) Table 7: South India Ready Mix Concrete Pricing Analysis Table 8: Number of Proposed Smart Cities in West India, By State (As of January 2020) Table 9: East India Ready Mix Concrete Pricing Analysis © TechSci Research 8

  9. Product Overview

  10. Scope of Report Product of Interest (POI): Ready Mix Concrete Ready Mix Concrete is concrete that is manufactured in a factory or within a specific batching plant, based on a required specification. Ready-mix concrete is a mixture of cement, water and aggregates such as sand, gravel or crushed stone, and is convenient tool for large construction projects. Market Segmentation BY PRODUCT TYPE BY PRODUCTON Year Range Transit Mixed Concrete • Onsite • INDIA READY MIX CONCRETE MARKET INDIA READY MIX CONCRETE MARKET Shrink Mixed Concrete • Offsite • Review Period FY2016 – FY2019 Base Year BY REGION BY APPLICATION FY2020 Commercial • North • Estimated Year Residential • East • FY2021 Infrastructure • West • Industrial • South • Forecast Period © TechSci Research FY2022 – FY2026 10

  11. Research Methodology

  12. Research Methodology Market Profiling Data Analysis Data Collection Data Developing List of Respondents Formulating Questionnaire Validation TechSci Research conducted interviews with industry experts and industry players for data collection and verification. The data was scrutinized using MS-Excel and statistical tools such as Time Series Analysis, etc. to obtain qualitative and quantitative insights about India ready mix concrete market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. In-depth secondary research was conducted to determine top players in India ready mix concrete market, overall market and size and segmental market share. In order to conduct industry experts’ interviews, TechSci formulated a detailed questionnaire. List of industry players, distributors, and industry specialists was developed. Primary Research Desk Research Company Analysis Market Participants Key Strengths Product Differentiation ✓ ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion ✓ ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews ✓ ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ TechSci Internal Database LinkedIn ✓ Data Filter & Analysis Business Solution Actionable Insights Research & Intelligence ✓ © TechSci Research Data Collection ✓ ✓ ✓ ✓ ✓ 12 12

  13. Research Methodology Baseline Methodology: For the study, TechSci Research has gathered information through primary research surveys with leading ready mix concrete manufacturers, distributors and importers. We have also put through an exhaustive search of credible paid databases such as Factiva etc., including our internal database. Our team of analysts has then prudently evaluated all the collected information and presented the same in chronological order to depict a meaningful and clear picture of the India ready mix concrete market. While compiling the data, we have also cross-checked all the collected information from multiple sources and data warehouses, to present the most accurate and precise information of the industry. Sampling Technique: While conducting the study, TechSci Research followed the stratified random sampling technique to shortlist the Key Opinion Leaders (KOLs) in various ready mix concrete companies/dealers and distributors operating in India. KOLs based out of prominent ready mix concrete companies/dealers & distributors were interviewed to assess the India ready mix concrete market. Sample Size: Type of Respondents No. of Respondents Mid to Senior Management, Sales Managers of ready mix concrete companies / Dealers & Distributors 70 © TechSci Research Industry Experts 30 Total 100 13 13

  14. Research Methodology Market Size Calculation Technique: Primary Research For the preparation of ‘India ready mix concrete market’ report, bottom-up model has been used, which has been later cross validated by using top-down approach. TechSci Research interviewed senior managers and regional sales managers of the prominent ready mix concrete companies/dealers & distributors using Delphi technique for calculating the India ready mix concrete market size. Respondents were also asked about the current and future growth rates, market share by application, by purity, by pack size, etc. All the information gathered was carefully analyzed, and data points which exhibited high deviations from the majority estimates were eliminated as outliers and the remaining refined data points were put together to arrive at the data. Primary Research – Few of the Manufacturing Companies and/or their Dealers Interviewed S. No. Names of Companies and/or their Dealers Interviewed 1. Ultratech Cement Limited 2. ACC Limited 3. Nuvoco Vistas Corporation Limited 4. Prism Johnson Limited 5. RDC Concrete (India) Pvt Ltd *Note: The data given for any year represents the Market during the period i.e. 1stApril of the previous year to 31stMarch of © TechSci Research that year. eg: For 2021E, the data represents the period, 1stApril 2020 to 31stMarch 2021. *The market numbers in the report are inclusive of only organized players in India ready mix concrete market. *The sum of market shares may not be 100% as the numbers are rounded off till two decimal points. 14 14

  15. Research Methodology Secondary Research: We have put through an exhaustive search of credible databases in addition to our internal database. Further analysis of credible publications, white papers, company annual reports, investor presentations, news articles, etc., was also done to cross validate the end findings derived from primary research. S. No. Few of the Secondary Sources/Associations 1. Ministry of Corporate Affairs 2. Ministry of Housing & Urban Affairs 3. Ministry of Commerce 4. Annual Reports 5. Cement Manufacturers Association 6. World Bank 7. UN Comtrade 8. International Monetary Fund Forecasting Technique: The team has developed the forecast on the basis of econometric and judgemental analysis in addition to statistical techniques such as averaging and geometric mean. During primary research interview, questions regarding historical sales trend of ready mix concrete in India were put forward. Respondents were asked about the current and future growth rates, market share of ready mix concrete in India. In order to forecast the India ready mix concrete market, following forecast © TechSci Research techniques were used: Time Series Analysis Econometric and Judgmental Analysis Moving Average • • • 15 15

  16. Industry Brief According to TechSci Research report, “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”, India ready mix concrete market valued USD 2378.11 Million in FY2020 and the market is forecast to grow at CAGR of 16.21% until FY2026. Ready mix concrete helps customers to eliminate the need to procure and store cement, sand, admixtures, water and aggregators at construction site. This drastically reduces the space requirement and customer effort to procure and store various materials, thereby, driving the growth of the market. Infrastructure sector is among the major drivers for the Indian economy. Government of India is taking various initiatives in order to boost the infrastructure development in the country. For instance, under Union Budget 2020-2021, the government has allocated USD 24.27 billion for the development of transport infrastructure. Moreover, Border Roads Organisation (BRO) in May 2020 constructed a 440-meter long tunnel in Chamba town on Rishikesh-Dharasu road Highway (NH 94). The aforementioned factors are driving the growth of the country’s ready mix concrete market. India ready mix concrete market can be segmented based on production, product type, application, and region. In terms of regional analysis, West region dominates India ready mix concrete market accounting for a share of 34.2% in FY2020, due to comparatively higher usage of ready mix concrete across the region. Use of ready mix concrete in the western region is also growing owing to the increasing construction of commercial & residential buildings and ongoing infrastructural projects in the region. Some of the major players operating in India ready mix concrete market include Ultra Tech Cement Limited, ACC Limited, Nuvoco Vistas Corporation Limited, RDC Concrete(India) Pvt. Ltd., I J M Concrete Products Private Limited, Prism Johnson Limited, The India Cements Limited, Godrej Construction, The Ramco Cement Limited, and JK Lakshmi Cement Limited, among others. Companies are using inorganic growth strategies such as mergers & acquisitions in order to stay competitive in the market. For instance, in September 2019, Ultratech Cement Limited acquired Century Cement, which helped the company to increase its production capacity to over 117.35 million tons per annum. Increasing merger & acquisition activities are expected to positively influence the market over the next five years. “Infrastructure sector is the highest demand generating sector for ready mix concrete. Infrastructure sector accounts for a share of over 54% in India ready mix concrete market. Favourable government policies and initiatives such as “Housing for All”, Smart City Mission, green field and brown field projects for developing new airports along with expansions of existing airports, Metro Rail Projects coupled with implementation of Real Estate Regulations and Development Act 2016 are the major factors propelling demand for ready mix concrete in India.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. © TechSci Research 16

  17. Sample Data - Snapshot India Ready Mix Concrete Market Size, By Value (USD Million), 2016–2026F CAGR (FY2021E-FY2026F) By Value: xx% CAGR (FY2016-FY2020) By Value: xx% 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F West India Ready Mix Concrete Market Share, By Production, By Value, 2016-2026F 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F Off Site 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% On Site 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% West India Ready Mix Concrete Market Share, By Product Type, By Value, 2016-2026F 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F Shrink Mixed Concrete 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% Transit Mixed Concrete 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% East India Ready Mix Concrete Market Size, By Volume (Million Cubic Meter), 2016–2026F © TechSci Research CAGR (FY2016-FY2020) By Volume: xx% CAGR (FY2021E-FY2026F) By Volume: xx% 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F 17

  18. Report Ordering Report Name: INDIA READY MIX CONCRETE MARKET COMPETITION, FORECAST AND OPPORTUNITIES FY2016 – FY2026 Report Price License Type Price Electronic Access - Single User License $2950 Electronic Access - Multi-User License $3750 Custom Research License $7500 © TechSci Research To View Sample OR Purchase Report 18

  19. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports India White Putty Market, Competition Forecast and Opportunities, 2015– 2025 India White Cement Market, Competition Forecast and Opportunities, 2015– 2025 Global Calcium Nitrate Market Company, Forecast Opportunities, 2025 Global Gypsum Board Market, Forecast and Opportunities, 2025 India Cement Market , Competition Forecast and Opportunities, 2014 – 2024 India Gypsum Plaster Market, Competition Forecast and Opportunities, 2015-2030 • • • • • • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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