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iPhone 7+ 📱 C O N C R E T E
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Concrete Pump Market Size, Share & Growth Forecast 2028
🚧🚜 The global concrete pump market size was USD 4.57 billion in 2020 and is projected to grow from USD 4.74 billion in 2021 to USD 6.61 billion by 2028, showcasing a steady CAGR of 4.9% during the forecast period. 🌏 Asia Pacific dominated with a 35.44% share in 2020, thanks to strong demand from the booming construction industry.
The market faced an unprecedented impact due to COVID-19, with a sharp decline of -5.1% in 2020 compared to the average growth during 2017–2019. However, rising infrastructure projects and a return to pre-pandemic activity are expected to drive steady growth ahead.
📌 Key Market Insights:
Market Size (2020): USD 4.57 billion
Forecast Size (2028): USD 6.61 billion
CAGR (2021–2028): 4.9%
Dominant Region: Asia Pacific held the largest share of 35.44% in 2020
Growth Drivers: Infrastructure growth, urbanization, investments in commercial & industrial construction, and demand for efficient concrete delivery systems.
📈 Latest Trends:
✔️ Strong recovery as construction activities resume post-pandemic
✔️ Higher demand for truck mounted, stationary, and specialized concrete pumps
✔️ Rising investments in smart city and megaprojects in Asia Pacific
✔️ Greater focus on fuel-efficient & cost-effective pumping systems
✔️ Demand from commercial, industrial, and domestic sectors remains robust
👉 Full report: https://www.fortunebusinessinsights.com/concrete-pump-market-105636
The concrete pump transports the concrete to the site, while the placing boom delivers the concrete to the specific location on the construction site.
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Concrete Pumps have become increasingly popular in the construction industry due to their efficient transport of concrete and other materials. Concrete Pumps are a versatile and powerful tool used in many construction projects, from large commercial buildings to single-family homes. With various types and sizes available, Concrete Pumps are the perfect choice for any construction project. From diesel-powered pumps to stationary electric pumps, Concrete Pumps offer a variety of features and benefits that make them an ideal choice for any construction job.
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Want to optimize the horizontal concrete pumping method? Hire a line pump from Save Time Concrete and get the best rate in the market.
When pouring at a new project, professional concrete pumpers are often tasked with getting the job done as efficiently as possible. To aid i
