According to a Fact.MR study, revenues from the concrete mixer market were in excess of 126 800 units in 2018, and are estimated to record a 4% y/y growth in 2019. Myriad factors influence the dynamics of the concrete mixer industry, which range from the customer requirement for equipment with high technical standards and convenient portability, to tightened environmental standards apropos of emissions and the recycling of materials.
The study suggests that in-transit mixers remain the preferred category among end-users, in light of their ability to both mix and transport concrete around a construction site, particularly in the case of remote locations and sites that are far from concrete plants. The deprivation of clotting and the prevention of the concrete balling effect are key benefits associated with in-transit concrete mixers that continue to sustain their sales. Conversely, sales of trailer concrete mixers are expected to remain low, tugged by their higher operating and maintenance costs, along with relatively less efficient manoeuvrability.
A key trend completing sales of in-transit mixers, the study found, is growing demand for mobile volumetric concrete mixers that prevent concrete waste entailed by over ordering. The volumetric concrete mixers also enable efficient and convenient trips to batch plants, saving on hot loads and various other expenses, as well as cutting down the time of operations. While precision continues to be the key, it is expected that user-friendly control options of the equipment will continue to attract customer attention and drive sales.
The report has found that that number of projects calling for greater concrete volume, which is difficult to produce using paddle mixers, has witnessed a notable rise. This has created demand for portable concrete mixers as a consequence. Portable variants continue to account for more than 7 in 10 units of concrete mixers sold worldwide, upheld by their ability to blend water and concrete efficiently, and to consistently deliver the mixture as per requirements.
Construction equipment manufacturers have been directing their efforts towards research activities in the concrete industry, in a bid to develop products that offer capabilities that are a combination of drum mixers and paddle mixers. This, coupled with the focus on the development of concrete mixers with lightweight, time-effective, and self-contained characteristics, has resulted in the development of high-performance portable concrete mixers, thereby favouring the market growth.
The study also suggests that the lucrativeness of Asia Pacific except Japan (APEJ) for stakeholders in the concrete mixer market is here to stay, as governments in the region continue to play a vital role as facilitators via favourable regulations and policies. Resurgent growth in construction activities, along with growing government investments in infrastructure development, continue to complement the growth of the concrete mixer market in APEJ.
Read the article online at: https://www.worldcement.com/asia-pacific-rim/23052019/in-transit-concrete-mixer-sales-surge/