Industry Analysis & Industry Trends
Ready-mixed concrete (RMC) is the principal material input for infrastructure, building foundations and panels cast on-site. RMC manufacturers batch, mix and deliver concrete for contractor use, competing with construction contractors who mix concrete on site. Demand for concrete has been changeable over the past five years. Downstream demand fluctuated broadly in line with the economy, contracting in the immediate aftermath of the downturn and rebounding more recently with the economic recovery.
In 2016-17, RMC manufacturers are projected to generate revenue of £2.7 billion, up 2.3% on the previous year. This is the expected result of heightened demand from a resurgent construction sector, a key source of industry demand... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in the mature phase of its life cycle. Its performance is primarily dependent on demand conditions in the downstream building and construction markets, which have fluctuated wildly in recent years. Over the 10 years through 2021-22, industry value added, or the industry's contribution to the wider economy, is expected to rise at a compound annual rate of 2.1%. Over the same 10 years, the UK economy is forecast to grow at a compound annual rate of 2.3%. This suggests ready-mixed concrete manufacturers are broadly keeping pace with wider economic growth, ceding only limited contribution to rival industries. Over the next five years, consistent industry growth is expected as residential and infrastructure construction activity increases. Thi.. purchase to read more