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Ready-Mixed Concrete Manufacturing in the UK - Industry Market Research Report

Ready-mixed concrete manufacturing market in the United Kingdom to grow 2.8% CAGR between 2014-19


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2014-04-21 16:27:03 - Ready-Mixed Concrete Manufacturing in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com

Ready-mixed concrete (RMC) is the principal material input for infrastructure, building foundations and panels cast on-site. Manufacturers batch, mix and deliver concrete for contractors to use, competing with construction contractors who mix concrete on-site. The volume of RMC deliveries peaked at 23.2 million cubic metres in 2007-08 and collapsed by 40.0% over the next two years due to the recession-induced slump in construction across most building markets.

Production has been disappointing in the past five years and is forecast to currently total only 14.1 million cubic metres. This represents an estimated compound annual decline of 9.5% over the five years through 2013-14.

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