According to IMARC Group’s latest report, titled “Cement Mixer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027; the global market reached a value of US$ 13.59 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 16.75 Billion by 2027, exhibiting at a CAGR of 3.35% during 2022-2027.
Cement is an economical construction material that is produced by grinding together a mixture of clay and limestone. It is a high-quality raw material used in construction projects across countries. A cement mixer is a machine that combines aggregate sand or gravel, cement, and water homogeneously to form concrete or binding materials. These machines are utilized across various sectors to prepare the concrete at the construction site, giving the workers enough time to use the mixture before it hardens.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Cement Mixer Market Trends and Drivers:
The increasing number of construction activities, both residential and commercial, across the globe is one of the primary factors driving the cement mixer market. Moreover, using these mixers enhances the output of the workers and results in a relatively productive and economical process, which is acting as another significant growth-inducing factor. Besides this, the emerging trend of equipment leasing and rental across smaller firms is further bolstering the market growth. Additionally, the numerous benefits of using cement mixers, such as fewer cement lumps, less labor-intensive, requires less time, reduces the requirement for manual work, etc., are propelling the product demand. Apart from this, the shifting customer preferences towards higher technical standards, fast navigation, movement ability around construction sites, etc., are also catalyzing the market growth. Furthermore, the elevating levels of expenditures by government bodies on public infrastructures, such as the development of smart cities, are anticipated to fuel the cement mixer market in the coming years.
Cement Mixer Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
- Liebherr-International AG
- SANY GROUP
- Sinotruk Hong Kong Ltd
- Akona Engineering Pvt. Ltd
- Henan Sanq Group Machinery Co., Ltd
- Lino Sella World,
- Shantui Construction Machinery Co., Ltd
- Terex Corporation,
- Zoomlion Heavy Industry Science & Technology Co., Ltd
Key Market Segmentation:
The report has segmented the global cement mixer market on the basis of product type, end-user and region.
Breakup by Product Type:
- Diesel Mixer
- Drum Rotating Mixer
- Twin Shaft Mixer
- Tilting Mixer
- Non-Tilting Mixer
Breakup by End User:
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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