#Tandem #rollers are a type of #compacter that is used to compact #asphalt, #concrete, or #earthwork. It is also known as a double #drum roller because it has one roller in front and one in back, making it more efficient in compacting. Tandem rollers are well-known for quickly #flattening and #paving entire sections. Its primary application is in asphalt compaction, which has large and gradual surfaces.
Over the last decade, the #construction industry has experienced ups and downs. Furthermore, road construction is being accelerated, particularly in developing #economies where urban-to-rural connectivity is critical. Road construction projects in the Middle East and Asia-Pacific have been steadily increasing. In fact, the Middle East region is beginning to wean itself off of oil and is building world-class infrastructure, primarily for travel and business hubs. Infrastructural projects related to the upcoming FIFA World Cup 2022 are also creating favorable market conditions.
Road construction in India has increased due to increased industrial activity and rising automobile sales. With 100 percent FDI in the road sector, private players have begun Public-Private-Partnership models with the government. Furthermore, the government's recently implemented Goods and Services Tax for construction equipment has been reduced from 28 percent to 18 percent, which is expected to boost the market.
Tandem Roller Market Segmentation:
As the use of tandem rollers for asphalt pavement compaction increases, the municipal sector is expected to be the fastest-growing segment in the tandem roller market. Asia-Pacific leads the way in the municipal segment, with China, India, and Vietnam significantly increasing road pavement construction. Tandem rollers are widely used in the construction of urban streets, rural roads, highways, pedestrian walkways, and cycle paths.
Roads are expected to have the highest share of global infrastructure investment during the forecast period, followed by rail, ports, and airports. As the number of upper-middle-class families grows, so will their purchasing power for automobiles. Governments will feel the need to improve infrastructure, particularly in the road sector, which will drive up sales of tandem rollers. Furthermore, soil compaction is required at industrial, residential, and commercial sites, where the use of tandem rollers is limited in comparison to the municipal segment.
Key Players-
>Volvo CE
>Caterpillar Inc.
>Terex Corporation
>BOMAG GmbH
>Wacker Neuson SE
>XCMG Co. Ltd
>Atlas Copco
>Wirtgen Group
>J C Bamford Excavators Ltd.
>MECALAC Group
>LARSEN & TOUBRO LIMITED
>Ammann Group Holding AG
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