Global Ready Mix Concrete Batching Plant Market 2018-2022
About Ready Mix Concrete Batching Plant
A ready mix concrete batching plant refers to the equipment, including silos, batcher, conveyors, dust collectors, plant control and automation, and other pieces of equipment, which process various raw materials to produce cement concrete.
Technavio’s analysts forecast the global ready mix concrete batching plant market to grow at a CAGR of 5.56% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global ready mix concrete batching plant market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ready Mix Concrete Batching Plant Market 2018-2022
Technavio recognizes the following companies as the key players in the global ready mix concrete batching plant market: Ammann, CON-E-CO, ELKON, HaoMei Machinery Equipment, ODISA CONCRETE EQUIPMENT, and SCHWING-Stetter.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing use of fiber concrete. Fiber concrete or fiber-reinforced concrete is a type of concrete that incorporate strong fibrous materials to enhance the structural integrity of the solid concrete. Fiber concrete is produced by mixing together small fiber strands of materials such as steel, glass, synthetic fibers, and other composites such as polypropylene and nylon fibers.”
According to the report, one driver in the market is rise in global construction and infrastructure development activities. The rise in global building and infrastructure construction activities is the most significant factor that will drive demand in the global ready mix concrete batching plant market. The number of new constructions in several developed and emerging economies is on the rise after a prolonged recession in the construction market.
Further, the report states that one challenge in the market is wastage of concrete due to improper mixing. Ready mix-concrete is produced in remotely-located batching plants. The distance between the batching plant and the construction site becomes very important as the concrete starts setting as soon as it is produced and becomes hard if left without being used for a long time. Thus, the distance and traveling time must be taken into consideration while preparing the concrete mixture at the batching plant.
HaoMei Machinery Equipment
ODISA CONCRETE EQUIPMENT
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