Industry Analysis & Industry Trends
Ready-mixed concrete (also referred to as concrete slurry) is the principal material used in the construction of infrastructure, precast panels, building foundations and tilt walls. Manufacturers batch, mix and deliver concrete for use by construction contractors. The perishable nature of the product restricts manufacturers to supplying in a narrow geographic market (most operate within a 40 to 50 kilometre radius from the batching plant).
Industry revenue is projected to total $5.45 billion in 2012-13, down 1.8% on the previous year due to adverse investment conditions in the non-residential building and infrastructure markets. Industry revenue is projected to decline by an annualised 2.2%... purchase to read more
Industry Report - Industry Analysis Chapter
Ready-mixed concrete firms have endured difficult trading conditions through the late 2000s. Small-scale independent suppliers have faced intensely competitive conditions in the metropolitan housing and non-residential building markets, while the large-scale, multi-plant firms typically supply much of the demand for concrete slurry in the infrastructure markets.
The adverse demand conditions in the housing and commercial building markets over the five years through 2012-13 are projected to contribute to industry revenue trending down by an annualised 2.2% to $5.45 billion, accompanied by a fall in the volume of ready-mixed concrete production by an annualised 2.9% to 23.0 million cubic metres... purchase to read more