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.

Definition of the Global Volumetric Mixer Market

A Volumetric Mixer is capable of producing customized concrete mixes on-site. It is designed to measure and mix the various components of concrete, such as sand, cement, water, and aggregates, in the correct proportions as per the requirement of the application. Unlike traditional drum mixers, Volumetric Mixers can produce different grades and consistencies of concrete mixes on-site. The Volumetric Mixer consists of a truck-mounted mixer that has separate compartments for the different components of concrete. The components are loaded into the mixer in the required proportions, and the mixer then mixes them together to produce fresh concrete.

The key advantage of Volumetric Mixers is their ability to produce fresh concrete on-site, reducing the need for transportation of pre-mixed concrete. This results in reduced transportation costs and less wastage of materials. Volumetric Mixers are also versatile and can produce different grades and consistencies of concrete mixes on-site, making them suitable for a wide range of applications.

COVID-19 Impact on the Global Volumetric Mixer Market

The construction industry witnessed a decline of 25–30% in 2020 as compared to 2019. In addition, major players in the mobile concrete mixers market saw a decline in concrete mixers during the last year. For instance, AB Volve registered a decrease in sales of mobile concrete mixers by around 15% in 2020. Similarly, KYB registered a decrease in sales of mobile concrete mixers by around 14%. Whereas Liebherr registered a decrease of 8%. There was a similar trend among other key market players as well. The market is expected to recover only by the second half of 2021. Similarly, the manufacturing industry was severely hampered and thus, affected the transportation and logistics of new volumetric mixers.

Furthermore, construction, mining, and other activities were hampered across the globe due to government rules to maintain social distancing. Therefore, the demand for new volumetric mixers was hampered and sales were reduced. In addition, the production of volumetric mixers was hindered as the manufacturing facilities were partially or completely closed, which further hampered the sales of volumetric mixers majorly in March, April, and May of 2020. On the contrary, the number of COVID-19 cases is expected to reduce in the future with safety majors taken by governments and with the introduction of a vaccine for COVID-19. This is further expected to lead to the re-initiation of the manufacturing and construction industry at its full-scale capacities, which, in turn, is expected to aid the volumetric mixer market to completely recover by the end of 2021.

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.

For instance, in January 2021, the government of India announced to the construction of a concrete road from Pandharpur to Alandi and Dehu worth $1,600 million by 2022. In addition, there are several new projects announced such as Mumbai-Delhi Expressway, worth $2,000 million that will be completed by 2023. Moreover, a total of over $150 billion have been allocated for concrete road construction. Such expenditure by the government on infrastructural development drives the mobile concrete mixer market.

Restraints: Limited Mobility and high maintenance and repair costs

The restricted mobility of volumetric mixers may pose a threat to the volumetric mixer industry's expansion. Volumetric mixers are often bigger and heavier than conventional concrete mixers, limiting their access to specific work sites or regions with restricted space. This may be a substantial obstacle for building projects in metropolitan or other congested regions.

Despite the fact that certain volumetric mixers are meant to be more portable and compact, they may not be ideal for major construction projects that need significant quantities of concrete. In addition, the weight of volumetric mixers might be an issue on certain construction sites, especially those with weight constraints or unstable ground.

Costs associated with maintenance and repair might be a difficulty for the volumetric mixer sector. Like with any other piece of heavy equipment, volumetric mixers need regular maintenance and repairs to operate at optimal performance. Improper maintenance of these devices may result in increased downtime, decreased efficiency, and expensive repairs.

Opportunities: Continuous Technological Advancements in Volumetric Mixers

Innovation is being driven by technological advances in volumetric mixers, which are enhancing the efficiency and precision of the mixing process. Among the most significant technological developments in this industry are Automated Systems, GPS Tracking and many more. Automated Systems are the modern volumetric mixers that are use sophisticated automated systems that correctly measure and dispense substances. These systems can be programmed to mix ingredients according to precise requirements, so maintaining quality consistency and lowering the likelihood of errors.

GPS Tracking are the certain volumetric mixers that are now fitted with GPS tracking systems that allow operators to monitor the mixer's operation in real-time and track its whereabouts. This technology can increase productivity and save downtime by enabling operators to immediately identify and resolve any issues that develop.

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
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • UK
  • 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

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

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

Key Issues Addressed

• What is the market size by various segmentation of the volumetric mixer by region and its respective countries?
• What are the customer buying behavior, key takeaways, and Porter's 5 forces of the volumetric mixer market?
• What are the key opportunities and trends for manufacturers involved in the volumetric mixer supply chain?
• What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
• What and how regulations, schemes, patents, and policies are impacting the growth of the market?
• What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
• The market player positioning, top winning strategies by years, company product developments, and launches will be?
• How has COVID-19 impacted the demand and sales of volumetric mixer in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
• Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.