Demand for ready mixed concrete has recovered more than half the decline experienced by producers after the 2007 recession.
The industry now produces over 23 million m³ of concrete. Yet there is some way to go, as demand has averaged 26 million m³/year since the 1970s.
These are some of the conclusions of a report published by
The consultancy which specialises in the heavy building materials sector, is forecasting an 18% increase in ready mixed concrete demand by 2020.
“We are expecting further increases in housing demand, together with growth in other private sector markets,” says Andy Sales, report author.
“Hinkley Point [Britain’s planned new nuclear power station] will also benefit the industry, assuming that it goes ahead.”
The volumetric concrete sector has been growing, and BDS estimates that this market now represents over 10% of total production. The penetration of volumetric companies varies around the country, with East of England and the North-West representing the largest markets for volumetric concrete.
Although there has been growth in volumetric concrete, analysis undertaken by BDS shows that it is the smaller, independent concrete companies that have seen the most significant increase in market share.
A total of 36 consents were identified during 2015 for new ready mixed concrete plants.
A third has been proposed by the national companies, a third by smaller businesses with the rest by new entrants to the industry.
The 45-page BDS report provides a background to the current market and structure of the ready mixed concrete industry, and is said to be a valuable reference document for all companies in the sector; those that are considering future investment, and organisations that rely on the market for their business.
Further details of the report are available by contacting Andy Sales at BDS Marketing: +44 (0) 1761 433035 or <%$Linker:
