According to Cognitive Market Research, the global Ready Mixed Concrete - RMX market size is USD 845748.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 338299.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 253724.46 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 194522.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 42287.41 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
Middle East and Africa hada market share of around 2% of the global revenue and was estimated at a market size of USD 16914.96 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
The dominant category in the Ready Mixed Concrete (RMX) market is Barrel Truck/In-transit mixer. Barrel trucks, also known as in-transit mixers, are widely used in the RMX market due to their efficiency and versatility.
