Cement Mixer Market 2021- 2026 - Analyzed by Type, End-user and Geography – IMARCGroup.com
According to the latest report by IMARC Group, The global cement mixer market reached a value of US$ 13 Billion in 2020. Looking forward, the market is expected to continue its moderate growth during the next five years. A concrete or cement mixer refers to a machine that converts cement into a binding agent by combining aggregate sand, gravel, and water. It consists of a revolving drum that mixes the components and enables workers to prepare concrete at the construction site, providing enough time to make use of the material before it hardens.
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Global Cement Mixer Market Trends:
The primary growth-inducing factor of the global cement mixer market is the
rapid urbanization and significant rise in construction activities across the
globe. Cement mixers are economical, productive and assist in improving the
overall work output. Besides this, the development of smart cities and
transportation networks, along with an increasing focus on renovating and
expanding the existing public infrastructure, has led to escalating demand for
cement mixers. Furthermore, governments of various countries are undertaking
initiatives to encourage manufacturers to utilize energy-efficient equipment
for cement production, which is expected to create a positive outlook for the
market in the coming years.
Note: As the novel coronavirus (COVID-19) crisis takes over the world, we
are continuously tracking the changes in the markets, as well as the purchase
behaviors of the consumers globally and our estimates about the latest market
trends and forecasts are being done after considering the impact of this
pandemic.
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Market
Segmentation:
The report has segmented on the basis of product type, end-user and region.
Market Breakup by Product Type
·
Diesel Mixer
·
Twin Shaft Mixer
·
Tilting Mixer
·
Non-Tilting Mixer
Market Breakup by End-User
·
Industrial
·
Residential
·
Commercial
Market Breakup by Region
·
Europe
·
North America
·
Asia Pacific
·
Middle East and Africa
·
Latin America
Some of the major players operating in the industry include Caterpillar
(NYSE: CAT), Liebherr-International AG, SANY GROUP (SHA: 600031), Sinotruk Hong
Kong Ltd. (HKG: 3808), Akona Engineering Pvt. Ltd., Henan Sanq Group Machinery
Co., Ltd., Lino Sella World, Shantui Construction Machinery Co., Ltd. (SHE:
000680), Terex Corporation (NYSE: TEX), and Zoomlion Heavy Industry Science
& Technology Co., Ltd., etc.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/cement-mixer-market
If you need specific
information that is not currently within the scope of the report, we will
provide it to you as a part of the customization.
Browse related reports:
East Africa White Cement Market 2021-2026: https://www.imarcgroup.com/east-africa-white-cement-market
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