Top Prominent Players in the Road Reclaimers Market Are WIRTGEN, Caterpillar, Bomag, Ammann and Liugong Machinery, etc.
United States, Rockville MD, July 18, 2022 (GLOBE NEWSWIRE) -- Fact.MR, a market research and competitive intelligence provider, says that the global road reclaimer market would record US$ 532.6 Mn in 2022 and have a CAGR of 3.9% between 2022 and 2032. Fact.MR moves further stating that demand for road reclaimer is increasing due to governments across the globe encouraging repairing the damaged roads, with Europe and North America collectively holding more than 50% of the market share.
A road reclaimer comes across as one of the valuable engineering equipment used for stabilizing the deteriorating roads or go for a reclaimed, fresh road surface by diluting asphalt layer and entirely mixing it with underlying base. During this process, binding agents, foamed asphalt, blending cement, or other materials could be incorporated.
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Growing application possibilities, particularly in the mining, oil, agriculture, and construction sectors, are anticipated to support the development of the road reclaimer market. When the soil base needs to be strengthened or improved, road reclamation is also done for new pavement construction.
What’s Slowing Down Demand Growth of Road Reclaimers?
“Rising Awareness of Environmental Harm May Lower Usage of Road Reclaimers”
According to James Cook University researchers, the economy and the environment may both be at risk from the rapid expansion of large-scale road projects around the world.
These researchers have examined massive, ongoing road projects all around the world and have identified critical areas that need to be limited to avoid severe unintended risks and expenses.
Limiting the length-wise scope of new road projects being proposed in high-rainfall regions, particularly in countries of Asia-Pacific, Latin America, and Africa, is the most important of these priorities.
Roads soaked in rainfall quickly produce potholes, landslides, and enormous cracks. The experts claim that a number of highways intended for mountainous, marshy, or damp areas cannot be built purely on the basis of economic considerations.
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Key Segments Covered in Road Reclaimers Industry Survey
Road Reclaimer Market by Capacity :
Less than 10 Tons
Above 30 Tons
Road Reclaimer Market by Application :
Road Reclaimer Market by Region :
South Asia & Oceania
Emphasis on product innovation along with incorporation of new technologies to be the major focal points of the key participants.
Xlz210 reclaimers from XCMG, have been designed for working on the soil surfaces. Working weight of this ISO 9001:2000-certified, semi-automatic road reclaimer, is 21K Kg. The major purpose of these machine series is ability of working in the sensitive oil environments.
Roadtec is into incorporation of a cooling system drawing air from machine’s top prior to its exhaustion via radiator package. Thus, the operator could get benefited through dust-free and clean atmosphere.
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Key players in Road Reclaimers Market
SAKAI HEAVY INDUSTRIES Ltd.
Key Takeaways from Road Reclaimers Market Study
North America holds 29.3% of the market share.
Europe contributes for 25.7% of the entire market.
Higher spending on infrastructure along with fast expanding construction sector are expected to be the major driving factors to road reclaimer market
The market could see an inclination towards advanced and user-friendly road reclaimers.
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