Volumetric Mixer Market To Gain Substantial Traction Through 2030

Written by Harsh » Updated on: November 06th, 2024

According to the Market Statsville Group (MSG), the global volumetric mixer market size is expected to grow from USD 84.40 million in 2022 to USD 175.83 million by 2033, growing at a CAGR of 6.9% from 2023 to 2033. The Volumetric Mixer market is expected to witness significant growth in the coming years due to several factors. The increasing demand for customized concrete mixes on-site, the need for increased efficiency, and the reduction of wastage are some of the factors driving the adoption of volumetric mixers. Additionally, the demand for infrastructure development and industrialization in developing countries is expected to drive the market growth further. The future trend of the Volumetric Mixer market is towards the development of more advanced and automated machines that can produce concrete mixes of even higher quality and consistency. The integration of IoT technology and advanced sensors is expected to make the Volumetric Mixers more efficient and reduce the need for manual intervention. Furthermore, the development of hybrid and electric Volumetric Mixers is expected to drive the adoption of these machines due to their lower carbon footprint and reduced operational costs.

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Global Volumetric Mixer Market Dynamics

Drivers: Increasing Government Expenditures for Infrastructural Development

Rapid urbanization and industrialization in developing countries have given rise to construction activities. The growing demand for construction & infrastructure developments largely drives the mobile concrete mixer market. Industries such as construction and tunnelling, require mobile concrete mixers that can mix cement, water, sand, and gravel on the construction site.

Increasing government expenditures for infrastructural development, such as the improvement of roads, bridges, and others have been expected to increase. Construction companies and contractors seek out cost-effective and sustainable solutions for on-site concrete production. As governments continue to invest in infrastructure projects, the demand for volumetric mixers is expected to continue to grow.

Scope of the Global Volumetric Mixer Market

The study categorizes the volumetric mixer market based on type, and application area at the regional and global levels.

By Type Outlook (Sales, USD Million, 2019-2033)

Tiltable

Not Tiltable

By Application Outlook (Sales, USD Million, 2019-2033)

Construction Site

Road and Bridge

Industrial Application

By Region Outlook (Sales, USD Million, 2019-2033)

North America

Canada

Mexico

Europe

Germany

Italy

France

Spain

Poland

Russia

The Netherlands

Norway

Czech Republic

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Indonesia

Malaysia

Thailand

Singapore

Australia & New Zealand

Rest of Asia Pacific

South America

Brazil

Argentina

Colombia

Rest of South America

The Middle East & Africa

Saudi Arabia

UAE

South Africa

Northern Africa

Rest of MEA

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Construction Site segment accounts for the largest market share by application

Based on the application, the market is divided into construction site, road and bridge and industrial application. The construction site segment is expected to dominate the market share in 2022 in the global volumetric mixer market. Construction sites use volumetric mixers for on-site production of customized concrete mixes that meet the specific requirements of the construction project. Road and bridge construction applications require volumetric mixers to produce concrete mixes of various grades and consistency that are used in the construction of highways, bridges, and other infrastructure projects. Industrial applications such as mining, oil and gas, and power plants require volumetric mixers to produce customized concrete mixes that meet the specific requirements of these industries.

North America is expected to witness the largest market share by Region

Based on the regions, the global volumetric mixer market has been segmented across Europe, North America, the Middle East & Africa, Asia-Pacific, and South America. North America is projected to account for the highest market share in 2022. The regional market is distinguished by strong demand for sustainable building, rapid acceptance of modern technologies, and the availability of competent labor. Another significant aspect driving market expansion is rising residential and commercial building investment in the area. Moreover, the presence of major manufacturers in the region is expected to boost demand throughout the projection period.

The revival of the non-residential sector, together with the existence of large volumetric mixer providers in the nation, is likely to boost demand in the United States.

Competitive Landscape: Global Volumetric Mixer Market

The volumetric mixer market is a significant competitor, and extremely cutthroat in the sector are using strategies including product launches, partnerships, acquisitions, agreements, and growth to enhance their market positions. Most sector businesses focus on increasing their operations worldwide and cultivating long-lasting partnerships.

Major key players in the global volumetric mixer market are:

Del Zotto

ProAll

Cemen Tech

Armcon

Anglo Scottish Concrete Holdings Ltd

Bay-Lynx Manufacturing Inc.

Zimmerman Industries, Inc

Concrete Equipment Suppliers Australia

Omega Concrete Mixers

Utranazz

Company 11

Company 12

Company 13

Company 14

Company 15

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Recent Development

In February 2021, Cemen Tech has acquired Contech Testing & Consultancy Ltd. to expand its global reach in volumetric concrete technology. Contech provides a full range of services related to concrete, including mix design, testing and production quality control. This acquisition expands Volume’s offerings to ensure their customers in the UK have even more access to expert guidance not only on their equipment

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