Ready-mix Concrete Market Size, Share, Demand & Trends by 2032
The global ready-mix concrete market stands at US$ 46.9 Bn as of now and is expected to reach US$ 61.7 Bn by the year 2032 at a stellar CAGR of 13.2% between 2022 and 2032.The developing economies are subject to rising urbanization, which is, in turn, asking for constructive expansion of the #building&construction vertical. The United Nations 2030 estimates say that urban population all across India would grow by an astonishing 165 Mn by the year 2030. Also, FMI Global Housing Watch states that residential #realestate all across did generate almost US$ 221.6 Bn in the year 2019, thereby witnessing a Y-o-Y rate of 12%. Overall, multi-billion-dollar infrastructure schemes are turning out to be the norm as governments are striving to keep up with the growth, raising standards of living, and facilitating financial development. The projects like Asia – Belt and Road Initiative in China, Sydney Metro in Australia, Africa – Lagos-Kano Railway in Nigeria, South America – 4G Road