Research Methodology – Ready-Mix Concrete Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Ready-Mix Concrete Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Ready-Mix Concrete Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Total construction projects involved which require ready-mix concrete.
- Percentage of construction projects using ready-mix concrete.
- Business policies and pricing strategy of competing companies.
- Supply and demand statistics of Ready-Mix Concrete.
- Technological advances in ready-mix concrete production.
- Geographical reach of the manufacturers and the dispersion of their distribution channels.
- Government regulations and standards related to the use and manufacturing of ready-mix concrete.
- The potential for market penetration within each geographical market.
2 Key Market Indicators
- The number of construction projects worldwide, as well as in particular regions.
- Trends in infrastructure development and urbanization.
- The change in raw material prices, such as the cost of cement, aggregates, and water.
- Government spending on infrastructure projects.
- The exploration of new construction techniques and materials.
- Growth of construction companies and their expansion plans.
- Environmental and sustainability effects and regulations.
3 Growth Trends
- Increased usage of ready-mix concrete in the construction industry due to its convenience and time-saving aspects.
- Growth of mega construction projects and increased infrastructure spending around the world.
- Emphasis on energy-efficient and green building projects promotes the usage of ready-mix concrete.
- The introduction of technologically advanced ready-mix concrete products.
- Increased demand for customized ready-mix concrete products.
- Rising trends of urbanization in developing and developed countries.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Ready-Mix Concrete Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Ready-Mix Concrete Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights