Concrete Market Size | Global Growth, Trends & Forecast 2025

Q: What is the Concrete Market size?

The market was valued at USD 820 billion in 2024 and is expected to reach up to USD 2.28 trillion by 2031, depending on segment projections.

Q: Which region leads the market?

Asia-Pacific dominates due to strong growth in infrastructure, housing, and industrial construction.

Q: Which application segments dominate?

Infrastructure and residential segments lead, with increasing adoption of ready-mix and precast concrete solutions.

Q: What are key challenges in the market?

Environmental concerns around cement emissions, high energy costs, and raw material volatility are key challenges.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4348

Publication Date: Jun 2025

What is the Concrete Market Size?

According to 6Wresearch, internal database and industry insights, the Global concrete market was valued at approximately USD 820 billion in 2024 and is projected to reach USD 1.53 trillion by 2031, reflecting a CAGR of 8.1%.

Growth is driven by infrastructure expansion, smart city investments, rising urban housing demand, and innovations in sustainable and high-performance concrete.

Key Growth Drivers of the Concrete Market

Rapid urbanization and infrastructure development across emerging and developed economies
Expanding residential, commercial, and industrial construction activities
Increasing investments in smart cities, highways, bridges, and mass transit systems
Rising demand for high-performance and sustainable concrete formulations
Technological advancements in ready-mix, precast, and self-healing concrete systems

Concrete Market Trends

Concrete Market is evolving with the widespread adoption of ready-mix and precast concrete systems, particularly across large-scale infrastructure, residential, and commercial construction projects. As the governments and companies look to achieve stringent carbon emission targets, there is a significant shift from before in the industry with high-performance versions of concrete (self-healing concrete, ultra-high-performance concrete (UHPC), and geopolymer concrete).

Additionally, the integration of the digital batching systems, auto-mixing technologies, and quality control solutions based on IoT is shortening production cycles and guaranteeing the uniformity of the material consistency. The long-term demand is also supported by investing more in infrastructure modernization, development of renewable energy sources, and smart city infrastructures. Additionally, the Asia-Pacific region continues to lead growth, driven by rapid urbanization, expanding industrial activities, and supportive policy initiatives focused on sustainable and resilient urban infrastructure.