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Market research analysts at Technavio have predicted that the global cement mixer market will grow steadily at a CAGR of almost 11% by 2020. This market research analysis identifies the renewed focus on construction activities worldwide as one of the primary growth factors for this market. Increasing government initiatives to encourage manufacturers to use energy-efficient equipment and materials for the production of cement and concrete will aid in the growth of the market. Additionally, the rapid urbanization in emerging regions such as APAC and Latin America also aid in increasing the demand for cement mixers. The APAC region consists of major emerging markets such as China, India, Indonesia, Malaysia and Vietnam where the construction market is growing at a rapid rate. The increased focus on the development of transportation networks to encourage cycling and the use of public transports in Europe and the focus of the Americas to renovate and expand existing public infrastructures will contribute to the growth of the market. Moreover, the increasing investments towards the development of smart cities and renovation projects of existing cities in all major countries across the globe will also have a positive impact on the growth of the concrete mixer market in the next four years.
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Purchasing construction equipment involves a huge initial investment and as a result, small and medium enterprises are hesitant to invest in new equipment. Renting construction equipment helps construction companies utilize the most recent innovations without spending on equipment ownership, and this will compel manufacturers to follow rental and leasing techniques to promote their cement mixer equipment.
Increased government spending on infrastructure development accounts for the growth of the cement mixer market. In addition to making investments in designing, planning, branding, and expanding existing facilities, major cement mixer manufacturers have also started acquiring new players in the market. The market is highly competitive, and vendors are constantly trying to innovate and develop new varieties of cement mixers to cater to the changing needs of the customers.
The leading vendors in the market are -
The other prominent vendors in the market are Akona Engineering, Chenggong Machinery, Doosan Infracore, Fangyuan, Lino Sella, LiuGong, Shanghai Hua Dong Construction Machinery, Shantui Construction Machinery, Terex, Volvo, and Zoomlion.
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The rapidly increasing cost of conventional building materials has demanded the development of alternative materials of construction. Technological advancements have made it feasible to use various materials in structural applications, which were earlier considered to be waste products. Blended cement is manufactured by the addition of pozzolanic materials such as silica fume, fly ash, and slag to cement clinker and gypsum. The use of blended cement improves the overall quality of the concrete structure, which in turn, makes the structure resistant to high-temperature and corrosion.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global cement mixer market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Industry overview
PART 06: Key leading countries
PART 07: Buying criteria
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: Explore Technavio
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