Albany, NY -- (SBWire) -- 03/14/2019 --A concrete batching plant is a facility where the ingredients of concrete are mixed and blended skillfully. Once the quality concrete is prepared it is transported to the site on a truck with a revolving drum which is known as transit mixer. The concrete produced out of the concrete batching plant is used in the foundations of building construction.
Scope of the Report:
- This report focuses on the Concrete Batching Plant in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
- As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties for concrete batching plant industry. Attracted by the market potential, more and more companies have entered into concrete batching plant industry, the competition between manufacturers at home and abroad is fierce for the time being.
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Concrete batching plant demand has a certain space, but basically showing the scarcity of high-end products due to technology barrier and excess capacity of low-end products. There is increasing demand for high-end products.
Despite the presence of competition problems, due to the clear global economy recovery trend and industry profits, investors are still optimistic about this area; there will be more investments to enter the field.
Along with the development of Chinese domestic concrete batching plant industry, the performance distance will shorten gradually, compared with the imported.
As large demand of high-end products at home and abroad, many companies begin to focus on the field of high end. Currently, the Chinese concrete batching plant industry tries to transit to high-end concrete batching plant field actively, as well as extends downstream industry chain.
Although sales of concrete batching plant brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not enter into the concrete batching plant field abruptly.
The worldwide market for Concrete Batching Plant is expected to grow at a CAGR of roughly 2.4% over the next five years, will reach 2490 million US$ in 2023, from 2160 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Ammann
- Schwing
- CON-E-CO
- ELKON
- Liebherr
- LINTEC
- MEKA
- RexCon
- SANY
- Zoomlion
- South HighwayMachinery
- Qingdao Xinxing
- Fangyuan Group
- XCMG
- Shantui Janeoo
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Market Segment by Type, covers
- Stationary Concrete Batching Plant
- Mobile Concrete Batching Plant
Market Segment by Applications, can be divided into
- Building Industry
- Infrastructure Construction
- Other Application
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Global Concrete Batching Plant Market Forecast to 2023 : Ammann, Schwing, CON-E-CO, ELKON, Liebherr, LINTEC, MEKA
Report on " Global Concrete Batching Plant Market " assesses the key Market opportunities and Key driving factors along with competitive Landscape by analyzing Leading Industry Players.