Cement Mixer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global cement mixer market size reached US$ 14.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.26% during 2023-2028.
Cement is made by grinding together a mixture of limestone and clay and is an essential and vital high-quality raw material used in construction projects worldwide. A cement mixer is a device that combines cement, aggregate sand or gravel and water homogeneously to form concrete or binding material. It consists of a revolving drum in which the components are introduced to be mixed. These machines are utilized across various sectors so that the concrete can be prepared at the construction site which gives the workers sufficient time to use the mixture before it hardens.
Mixing of cement by hand requires intense manual effort and consumes time. On the other hand, the utilization of cement mixer at construction sites not only saves time and labor but also minimizes the formation of cement lumps. Using these mixers enhances the output of the workers and results in a relatively economical and productive process. As a result, there has been a growing trend of equipment rental and leasing across smaller firms. Apart from this, the escalating population and rapid urbanization are leading to an increase in the construction of residential as well as commercial infrastructures. This coupled with the development of smart cities across the globe is providing impetus to the growth of the market. Additionally, rising government spending on public infrastructure development is also bolstering the sales of cement mixers across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cement mixer market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and end user.
Breakup by Product Type:
Diesel Mixer
Drum Rotating Mixer
Twin Shaft Mixer
Tilting Mixer
Non-Tilting Mixer
Breakup by End User:
Industrial
Residential
Commercial
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Caterpillar, 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, and Zoomlion Heavy Industry Science & Technology Co., Ltd., etc.
Key Questions Answered in This Report
1. What is the size of the global cement mixer market in 2022?
2. What are the key factors driving the global cement mixer market?
3. What has been the impact of COVID-19 on the global cement mixer market?
4. What is the breakup of the global cement mixer market based on the end user?
5. What are the key regions in the global cement mixer market?
6. Who are the key players/companies in the global cement mixer market?
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook