Asia-Pacific to Dominate the Bump Cutter Market through 2026
Increase in infrastructure spending and growing
number of public infrastructure development is expected to drive the demand for
global bump cutter market in forecast period.
According to TechSci Research report, “Global
Bump
Cutter Market By Material Type (Sand/Cement, Calcium Sulfate, and Synthetic
Resin) By Tool Width (0-2.4m, 2.5-4.0m, <4.0m) By End User (Residential,
Commercial, Industrial) By Region, Company Forecast & Opportunities, 2026”,
The global bump cutter market is expected to witness steady growth in the
forecast period. The growing demand from the residential, commercial, and
industrial structures is expected to accelerate the growth of the bump cutter
market in the next five years. Leveling of the floor is to achieve a smooth finish
for providing corrosion, tear, and thermal resistance which ensures higher life
of the floor. The bump cutter is easy to use and is cost-effective. It can
level the floor and create a smooth, even surface that dries quickly and offer
great compressive strength. These concrete floors are long-lasting, durable,
and strong. An increase in the investments by the leading authorities to
catalyze the construction activities post COVID-19 pandemic due to high demand
for hospitals and other medical facilities, research and development centers
amongst others is expected to contribute significantly to the market growth in
the next five years. A bump cutter is preferred for the construction of the
residential sector as it is economical and can complete the leveling process in
a shorter duration while power float construction equipment is used in the
commercial sector construction after the process of levelling as it can cover
large surfaces easily and quickly.
The COVID-19 outbreak across the world which has
been declared as a pandemic by World Health Organization has affected several
countries adversely. Coronavirus-affected patients started suffering from
shortness of breath along with coughing and sneezing. Leading authorities
around the globe-imposed lockdown restrictions and released a set of
precautionary measures to contain the spread of novel coronavirus. Construction
activities were temporarily suspended to practice social distancing and covid
protocols. Manufacturing units were closed down till notice and the workers
moved back to their native places. The restrictions were imposed on the import
and export activities which resulted in the disruption of the supply chain.
Therefore, the COVID-19 pandemic adversely affected the growth of the bump
cutter market in the forecast period.
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Global bump cutter market is segmented into material type,
tool width, end user, regional distribution, and company. Based on the end
user, the market can be divided into residential, commercial, and industrial.
The residential segment is expected to dominate the bump cutter market in the
forecast period, 2022-2026. The high use of bump cutters is in the residential
sector owing to its inexpensive nature; therefore, it brings down the
construction cost. Leading authorities of the developing countries are
promoting the construction activities of the residential sector in form of
schemes, initiatives, and financial support to provide shelter to its resident.
Based on the material type, the market can be divided into sand/cement, calcium
sulfate, and synthetic resin. The sand/cement market segment is expected to
witness growth in the next five years owing to its ability to get mixed with
the other construction materials. It also provides strength, stability, and
durability to construction materials and can be formed to form large structures
at construction sites. Based on the tool width, the market can be categorized
into 0-2.4m, 2.5-4.0m, <4.0m. The 2.5-4.0m segment is expected to hold a
major market share in the predicted period. The high demand from the
residential and commercial sectors helps in achieving the required finish by
leveling smoothly.
AB Lindec, Topall
Impex, Indis Floors India Pvt. Ltd., Brockwhite Construction Materials, Kraft
Tool Co., Sydney Tools Pty Ltd, DK Plant Sales, Wagman Metal Products Inc., Beton
Tools, Heger GmbH Diamond Tools are
the leading players operating in global bump cutter market. Service Providers
are increasingly focusing on research and development process to fuel higher
growth in the market. To meet evolving customer demand with respect to better
efficiency and durability, several bump cutter providers are coming up with
their technologically advanced offerings.
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“Upcoming
construction projects and huge budget allocations are expected to boost the
construction rental equipment market. The renting equipment is more economical
to the builders and construction developers and can be used again and again.
Market players are investing huge amounts for the technological up-gradation of
the existing infrastructure to achieve improved results by using the bump
cutter is expected to propel the market growth till 2026” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Global Bump Cutter
Market By Material Type (Sand/Cement, Calcium Sulfate, and Synthetic Resin) By
Tool Width (0-2.4m, 2.5-4.0m, <4.0m) By End User (Residential, Commercial,
Industrial) By Region, Company Forecast & Opportunities, 2026” has evaluated the
future growth potential of global bump cutter market and provided statistics &
information on market size, shares, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the of global bump cutter market.
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