Road Reclaimer Market
Road Reclaimer Market By Capacity (Less than 10 Tons, 10-20 Tons, 20-30 Tons, Above 30 Tons), By Application (Road Construction, Airports, Wharves, Public Engineering, Mining, Oil, Agriculture), & By Region - Global Forecast 2022 to 2032
Analysis of Road Reclaimer market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Road Reclaimer Market Outlook (2022 to 2032)
The global road reclaimer market is currently valued at US$ 532.6 million and is anticipated to expand at a CAGR of 3.9% to reach US$ 780.9 million by 2032-end.
Road reclaimer demand is rising as a result of expanding government programs to repair damaged roads, with North America and Europe together accounting for more than 50% market share.
| Report Attribute | Detail |
|---|---|
| Road Reclaimer Market Size (2022E) | US$ 532.6 Million |
| Forecasted Market Value (2032F) | US$ 780.9 Million |
| Global Market Growth Rate (2022 to 2032) | 3.9% CAGR |
| North America Market Share (2022) | 29.3% |
| Europe Market Share (2022) | 25.7% |
| Market Share of Top 3 Countries | 46.6% |
| Key Companies Profiled | WIRTGEN; Caterpillar; Bomag; XCMG; Case; SAKAI HEAVY INDUSTRIES Ltd.; JCB; Dynapac; Volvo; Shantui; Liugong Machinery; Ammann; Sany; XGMA |
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Road Reclaimer Sales Analysis (2017 to 2021) Vs. Market Outlook (2022 to 2032)
A road reclaimer is valuable engineering equipment used to stabilize deteriorating roads or produce a fresh, reclaimed road surface by pulverizing the asphalt layer and mixing it with the underlying base.
At the moment of pulverization or during a separate mix run, the road reclaimer can also incorporate binding agents, blending cement, foamed asphalt, or other materials.
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.
Expanding at a CAGR of 3.9%, the global road reclaimer market is projected to reach a valuation of US$ 780.9 million by 2032, reveals Fact.MR, a market research and competitive intelligence provider.
What is Spearheading Growth of the Road Reclaimer Market?
“High Spending on Infrastructure & Rapidly Expanding Construction Business”
Given that road recycling is a growing trend in the construction business, road reclaimer is quickly becoming necessary and indispensable equipment in road-building operations.
Leading players in the road reclaimer market, including Bomag, Caterpillar, Terex Roadbuilding, Roadtec, Wirtgen, Sakai, and Panien, provide a wide range of models even though they were once thought of as specialised pieces of machinery.
The 21st century is being characterised by an unparalleled growth of roads, according to Global Road Map, an association of geographers, planners, environmental scientists, and agricultural professionals who seek improved planning for roadways.
By the end of 2050, it is anticipated that almost 25 million kilometres of new roads will have been built worldwide, with the majority of these roads being built in developing nations.
According to the Global Infrastructure Hub, there will be a more than 45 percent increase in rural-to-urban migration by the end of 2040, which will result in huge demand for infrastructure support.
The notion of 'smart cities', which make use of the Internet of Things (IoT) and information and communication technology, was inspired by the growing need to manage critical assets of cities, such as water, energy, traffic, and roads (ICT).
Spending on smart infrastructures, such as smart grids and motorways, has increased to ensure sustainable development, riding the coattails of smart city developments. Road reclamation equipment will be in more demand as road construction operations increase.
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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.
Sales of road reclaimers will be somewhat affected in the coming years due to growing awareness of the environmental dangers connected with road construction activities in humid tropical areas.
What Strategy Can New Market Entrants Target to Gain a Foothold?
“New Entrants Should Focus on Manufacturing User-Friendly & Advanced Road Reclaimers”
Road reclamation cabs, which were once seen as opulent extras, are now seen as a necessary component by building contractors. In either a recycling or stabilization job site, the workplace for road reclaimer operators is hazardous due to worries about tiny, respirable silica particles that lead to silicosis, a common lung illness.
Long-term exposure to such conditions causes several health problems for workers. Eliminating the health risks associated with road building is receiving more attention as new standards pertaining to worker safety are put into place.
The development of road reclaimers has also been influenced by these rules, resulting in the inclusion of novel features such as enclosed cab designs, like those found in Wirtgen's new road reclaimers, which also protect operators from the searing heat and UV rays from the sun.
- A prominent maker of road reclamation equipment - Roadtec - is addressing health issues by incorporating a cooling system that draws air from the machine's top before it is exhausted through the radiator package. The operator can benefit from a clean and dust-free atmosphere thanks to Roadtec's offering.
- Product quality, operator convenience, and safety in their road reclaimers are top priorities for well-known manufacturers of road reclaimers such as Bomag and Caterpillar.
The need for such user-friendly equipment will increase due to increased focus on operator safety, which would have an impact on the growth of the worldwide road reclaimer market.
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Which Regional Market is Profitable for Road Reclaimer Manufacturers?
“Building & Infrastructural Development in North American Region Driving Sales of Road Reclaimers”
One major reason that is anticipated to propel the road reclaimer market during the forecast period is the increase in infrastructure development globally.
Because of its ongoing infrastructure and building industry expansion, North America currently dominates the worldwide road reclaimer market. It accounts for the lion's share of global revenue production. In 2022, North America is expected to account for 29.3% of the global market share.
The second-largest market in the world has only recently begun to expand into the Asia Pacific region. Significant real estate sector growth and improved infrastructure promote economic progress by facilitating international trade and industrial development, which in turn increases demand for soil stabilizing equipment in China.
The market for road reclaimers is being driven by a surge in public-private partnerships for the construction of public infrastructure systems in nations such as China and India as well as increased government initiatives for infrastructure development.
Which Sectors Make High Use of Road Reclaimers?
“High Demand for Road Reclaimers from Construction Sector Due to Rapid Urbanization & Increase in Road-building Activities”
Rising application possibilities, particularly in the agriculture, and construction sectors, are anticipated to support the development of the road reclaimer market.
Significant factors supporting the growth of the road reclaimer market include rapid urbanization and an increase in road-building activity. Roads frequently receive a bad rap, so when they become damaged and make travel dangerous, it is vital to replace the surface material.
Road reclaimer demand is rising as a result of expanding government programmes to rehabilitate damaged roads.
Competitive Landscape
The road reclaimer market's growth prospects are projected to be improved by manufacturers' focus on product innovation and the use of new technologies that improve the method, efficiency, and sustainability of road construction.
Companies may also participate in mergers and acquisitions with the purpose of extending their reach internationally, or they may contract with regional distributors and dealers.
- The Xlz210 Reclaimers, a new line of cold in-place recyclers from construction equipment company XCMG, are designed to work on soil surfaces. The working weight of this semi-automatic road reclaimer, which is ISO 9001:2000 certified, is 21,000 kg. This machine series was created especially for work in sensitive soil environments.
Key Segments Covered in Road Reclaimer Industry Research
-
Road Reclaimer Market by Capacity :
- Less than 10 Tons
- 10-20 Tons
- 20-30 Tons
- Above 30 Tons
-
Road Reclaimer Market by Application :
- Road Construction
- Airports
- Wharves
- Public Engineering
- Mining
- Oil
- Agriculture
-
Road Reclaimer Market by Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Capacity
- 9.1. Less than 10 Tons
- 9.2. 10-20 Tons
- 9.3. 20-30 Tons
- 9.4. Above 30 Tons
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Application
- 10.1. Road Construction
- 10.2. Airports
- 10.3. Wharves
- 10.4. Public Engineering
- 10.5. Mining
- 10.6. Oil
- 10.7. Agriculture
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 13. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 14. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 19. Key and Emerging Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. WIRTGEN
- 21.2. Caterpillar
- 21.3. Bomag
- 21.4. XCMG
- 21.5. Case
- 21.6. SAKAI HEAVY INDUSTRIES Ltd.
- 21.7. JCB
- 21.8. Dynapac
- 21.9. Volvo
- 21.10. Shantui
- 21.11. Liugong Machinery
- 21.12. Ammann
- 21.13. Sany
- 21.14. XGMA
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017 to 2032, By Capacity
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Capacity
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Capacity
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Capacity
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Capacity
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Capacity
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Capacity
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Capacity
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Capacity
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2017 to 2021
Figure 02: Global Market Volume Forecast (in 000' Units), 2022 to 2032
Figure 03: Pricing Analysis (US$) Per Product Type, By Region, 2021
Figure 04: Pricing Analysis (US$) Per Product Type, By Region, 2021
Figure 05: Global Market Value Analysis (US$ Mn), 2017 to 2021
Figure 06: Global Market Value Forecast (US$ Mn), 2022 to 2032
Figure 07: Global Market Absolute $ Opportunity, 2022 to 2032
Figure 08: Global Market Share Analysis (%), By Capacity, 2022 to 2032
Figure 09: Global Market Y-o-Y Analysis (%), By Capacity, 2022 to 2032
Figure 10: Global Market Attractiveness Analysis by Capacity, 2022 to 2032
Figure 11: Global Market Share Analysis (%), By Application, 2022 to 2032
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2022 to 2032
Figure 13: Global Market Attractiveness Analysis by Application, 2022 to 2032
Figure 14: Global Market Share Analysis (%), By Region, 2022 to 2032
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2022 to 2032
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2032
Figure 17: North America Market Value Share, By Capacity, 2022 (E)
Figure 18: North America Market Value Share, By Application, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 21: North America Market Value Forecast (US$ Mn), 2022 to 2032
Figure 22: North America Market Attractiveness Analysis by Capacity, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 25: Latin America Market Value Share, By Capacity, 2022 (E)
Figure 26: Latin America Market Value Share, By Application, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 29: Latin America Market Value Forecast (US$ Mn), 2022 to 2032
Figure 30: Latin America Market Attractiveness Analysis by Capacity, 2022 to 2032
Figure 31: Latin America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 32: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 33: Europe Market Value Share, By Capacity, 2022 (E)
Figure 34: Europe Market Value Share, By Application, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2017 to 2021
Figure 37: Europe Market Value Forecast (US$ Mn), 2022 to 2032
Figure 38: Europe Market Attractiveness Analysis by Capacity, 2022 to 2032
Figure 39: Europe Market Attractiveness Analysis by Application, 2022 to 2032
Figure 40: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 41: South Asia Market Value Share, By Capacity, 2022 (E)
Figure 42: South Asia Market Value Share, By Application, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 45: South Asia Market Value Forecast (US$ Mn), 2022 to 2032
Figure 46: South Asia Market Attractiveness Analysis by Capacity, 2022 to 2032
Figure 47: South Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 48: South Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 49: East Asia Market Value Share, By Capacity, 2022 (E)
Figure 50: East Asia Market Value Share, By Application, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 53: East Asia Market Value Forecast (US$ Mn), 2022 to 2032
Figure 54: East Asia Market Attractiveness Analysis by Capacity, 2022 to 2032
Figure 55: East Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 56: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 57: Oceania Market Value Share, By Capacity, 2022 (E)
Figure 58: Oceania Market Value Share, By Application, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2017 to 2021
Figure 61: Oceania Market Value Forecast (US$ Mn), 2022 to 2032
Figure 62: Oceania Market Attractiveness Analysis by Capacity, 2022 to 2032
Figure 63: Oceania Market Attractiveness Analysis by Application, 2022 to 2032
Figure 64: Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 65: Middle East and Africa Market Value Share, By Capacity, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2017 to 2021
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2022 to 2032
Figure 70: Middle East and Africa Market Attractiveness Analysis by Capacity, 2022 to 2032
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2022 to 2032
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2022 to 2032
Figure 73: U. S. Market Value Analysis (US$ Mn), 2022 & 2032
Figure 74: U. S. Market Value Share, By Capacity, 2022 (E)
Figure 75: U. S. Market Value Share, By Application, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2022 & 2032
Figure 77: Canada Market Value Share, By Capacity, 2022 (E)
Figure 78: Canada Market Value Share, By Application, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2022 & 2032
Figure 80: Mexico Market Value Share, By Capacity, 2022 (E)
Figure 81: Mexico Market Value Share, By Application, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2022 & 2032
Figure 83: Brazil Market Value Share, By Capacity, 2022 (E)
Figure 84: Brazil Market Value Share, By Application, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2022 & 2032
Figure 86: U. K. Market Value Share, By Capacity, 2022 (E)
Figure 87: U. K. Market Value Share, By Application, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2022 & 2032
Figure 89: Germany Market Value Share, By Capacity, 2022 (E)
Figure 90: Germany Market Value Share, By Application, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2022 & 2032
Figure 92: France Market Value Share, By Capacity, 2022 (E)
Figure 93: France Market Value Share, By Application, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2022 & 2032
Figure 95: Italy Market Value Share, By Capacity, 2022 (E)
Figure 96: Italy Market Value Share, By Application, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2022 & 2032
Figure 98: Spain Market Value Share, By Capacity, 2022 (E)
Figure 99: Spain Market Value Share, By Application, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2022 & 2032
Figure 101: Russia Market Value Share, By Capacity, 2022 (E)
Figure 102: Russia Market Value Share, By Application, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2022 & 2032
Figure 104: China Market Value Share, By Capacity, 2022 (E)
Figure 105: China Market Value Share, By Application, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2022 & 2032
Figure 107: Japan Market Value Share, By Capacity, 2022 (E)
Figure 108: Japan Market Value Share, By Application, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2022 & 2032
Figure 110: South Korea Market Value Share, By Capacity, 2022 (E)
Figure 111: South Korea Market Value Share, By Application, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2022 & 2032
Figure 113: India Market Value Share, By Capacity, 2022 (E)
Figure 114: India Market Value Share, By Application, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2022 & 2032
Figure 116: ASEAN Market Value Share, By Capacity, 2022 (E)
Figure 117: ASEAN Market Value Share, By Application, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2022 & 2032
Figure 119: Australia Market Value Share, By Capacity, 2022 (E)
Figure 120: Australia Market Value Share, By Application, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2022 & 2032
Figure 122: New Zealand Market Value Share, By Capacity, 2022 (E)
Figure 123: New Zealand Market Value Share, By Application, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2022 & 2032
Figure 125: GCC Countries Market Value Share, By Capacity, 2022 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2022 & 2032
Figure 128: Turkey Market Value Share, By Capacity, 2022 (E)
Figure 129: Turkey Market Value Share, By Application, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2022 & 2032
Figure 131: South Africa Market Value Share, By Capacity, 2022 (E)
Figure 132: South Africa Market Value Share, By Application, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current global road reclaimer market value?
The road reclaimer market currently accounts for US$ 532.6 million.
What is the predicted growth rate for the road reclaimer industry?
From 2022 to 2032, global road reclaimer demand is projected to increase at 3.9% CAGR.
Who are the key road reclaimer manufacturers?
Key market players included WIRTGEN, Caterpillar, Bomag, and XCMG.
Which regional market is expected to expand the fastest?
The Asia Pacific market for road reclaimers is expected to surge over the decade.
How is the North American market performing?
North America accounts for close to 30% global market share.
Road Reclaimer Market