Positive Trends in Heavy Materials Sales
The latest figures from the Mineral Products Association (MPA) reveal a promising trend: a modest overall improvement in the sales of construction aggregates and asphalt in Great Britain for the second quarter of 2024. This uptick is particularly significant given the challenging conditions faced by the industry in recent years. With asphalt volumes increasing by 5.3% to 5.1 million tonnes. As well as crushed rock sales rising by 4%, and mortar sales growing by 2.8%, the plant hire industry in the UK stands to benefit greatly from these positive developments.
The Role of Infrastructure Projects
The improvement in heavy materials sales can be attributed in part to significant infrastructure projects. Such as the A30 widening in Cornwall and the A417 ‘missing link’ scheme in Gloucestershire. These projects have not only boosted the demand for construction aggregates but have also highlighted the critical need for plant hire services. As more infrastructure projects commence, the demand for machinery and equipment required to lay asphalt and manage construction activities is expected to rise. This will therefore have a positive impact on the plant hire industry.
The Fragility of the Construction Supply Chain
Despite these positive trends, the construction industry supply chain remains fragile. The MPA report notes that ready-mixed concrete sales dropped by a further 1.1% to 3 million cubic metres in Q2 2024. This marks the lowest volume in Britain since the 1960s. Additionally, sand and gravel sales fell by 10% in the second quarter. These declines underscore ongoing challenges in the sector, particularly in new housing and infrastructure project delivery.
The Impact of Investment Uncertainty
Investment uncertainty continues to pose a significant risk to the industry. The cancellation of major projects such as the Stonehenge tunnel and Arundel bypass schemes. Along with the northern leg of HS2, has eroded business confidence. MPA’s director of economic affairs, Aurelie Delannoy, emphasises the need for clear government policies and decisive action to spur growth and improve business confidence. Addressing these issues is crucial for stabilising the market for mineral products. As well as for supporting the broader construction and economic recovery.
H. E. Services (Plant Hire) Ltd: Meeting the Demand for Plant Hire in the UK
Extensive Machinery Fleet
H. E. Services (Plant Hire) Ltd is a key player in the plant hire industry in the UK. Providing essential machinery and equipment for the construction, rail, and agricultural sectors. Offering an extensive range of equipment, including JCB and Manitou telehandlers, which are known for their reliability and versatility. The H. E. Services fleet also includes Komatsu excavators ranging from 1.5 tonnes to 49 tonnes, catering to both small-scale and large-scale projects.
Specialty Equipment for Specific Needs
In addition to telehandlers and excavators, H. E. Services (Plant Hire) Ltd rents out Bomag rollers, Thwaites dumpers, and Mecalac cabbed dumpers. This diverse range of equipment ensures that clients can find the right machinery for their specific project requirements, enhancing efficiency and cost-effectiveness.
Supporting Infrastructure Projects
As the sales of heavy materials improve, the demand for plant hire services is set to increase. Companies like H. E. Services (Plant Hire) Ltd are well-positioned to meet this growing demand, providing the necessary machinery for laying asphalt and other construction activities. H. E. Services’ commitment to maintaining high standards of performance and safety ensures that clients receive reliable and efficient equipment for their projects.
The Future of Plant Hire in the UK
The modest improvement in heavy materials sales is a positive indicator for the UK plant hire industry. As infrastructure projects drive demand for construction aggregates and machinery, companies like H. E. Services (Plant Hire) Ltd will play a crucial role in supporting the nation’s development. However, addressing investment uncertainties and stabilising the construction supply chain remain vital for sustained growth. With the right policies and a focus on key infrastructure projects, the plant hire industry in the UK is poised for a promising future.
Contact H. E. Services to hire today!
Simply give us a call today on 0208 804 2000 or email nhc@heservices.co.uk for a quote.