SAN FRANCISCO, November 9, 2016 /PRNewswire/ --
The global ready-mix concrete market is expected to reach USD 954.7 billion by 2024, according to a new report by Grand View Research, Inc. An increasing number of infrastructure projects including roads, bridges, dams coupled with rapid airport expansion works in emerging countries will fuel growth over the next eight years. Furthermore, rising government spending on power plants, manufacturing facilities, construction infrastructure along with the growing population will augment industry expansion over the upcoming years.
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Commercial applications will witness considerable volume growth at a CAGR of 7.6% from 2016 to 2024. Growing population and rapid economic development in emerging countries including China, South Korea, and India are expected to propel the demand for construction of commercial buildings such as shopping malls, schools, offices, colleges, banks, and hospitals.
Browse full research report with TOC on "Ready-Mix Concrete Market Size And Forecast By Application (Commercial Building, Residential Building, Infrastructure, Industrial Utilities), By Region (North America, Europe, Asia Pacific, Latin America, MEA) And Trend Analysis From 2013 To 2024" at: http://www.grandviewresearch.com/industry-analysis/ready-mix-concrete-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global ready-mix concrete market on the basis of application and region:
Access research insight: http://www.grandviewresearch.com/research-insights/ready-mix-concrete-market-insights-construction-spending-key-factor
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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