Crushing, Screening, and Mineral Processing Equipment Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The global crushing, screening, and mineral processing equipment market was valued at $19121.2 in 2017, and is projected to reach $33,116.4 million by 2025, growing at a CAGR of 6.8 % from 2018 to 2025.
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Crushing equipment are mainly used to reduce size of materials. These are usually part of material handling system or plant. Crushing equipment mainly finds application in various end-user industries that include mining, mineral processing, rock quarries, and recycling. Increase in adoption and demand for jaw and cone crushers majorly drive the growth of the global crushing equipment market during the forecast period. Screening equipment are mainly used to separate raw materials from crushers into finer grades. Construction aggregates, mining, and mineral processing are the largest users of screening equipment.
Crushing, screening, and mineral processing equipment manufacturers are expecting higher sales owing to increase in demand for stationary and wheeled product lines. The manufacturers are working on various marketing strategies, followed by product offering, to meet the growth in requirement for stationary and wheeled units.
Furthermore, increase in demand and adoption of mobile crushing, screening, and mineral processing equipment is another factor that drives the growth of the global market In addition, rise in construction and infrastructure development in LAMEA and Asia-Pacific regions is also expected to fuel the growth of this market during the forecast period. Price, quality, and brand image are important factors that drive the demand for these equipment thereby facilitating the manufacturers to stay in a competitive advantage. The industry is also custom oriented and the manufacturers are focusing on delivering customized crushing, screening, and mineral processing equipment as per consumer requirement.
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The global crushing, screening, and mineral processing equipment market is segmented based on type, application, and mobility. Based on type, the market is divided into crushing & screening equipment and mineral processing equipment. Based on application, it is classified into construction & plant modification, mining, foundries & smelters, and others. On the basis of mobility, the market is categorized into stationary, portable (wheeled), and mobile (tracked). Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to hold the highest market share during the forecast period. It is expected to exhibit significant growth in the near future.
The key players profiled in this report include Terex Corporation, Sandvik AB, Astec Industries, Inc., Kleemann GMBH, Mccloskey International, Metso Corporation, Screen Machine Industries, Eagle Crusher, and Rubble Master.
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Table of contents:
2: Executive Summary
3: Market Landscape
4: Crushing,Screening & Mineral Processing Equipment, By Type
5: Global Crushing, Screening & Mineral Processing Equipment Market, By Mobility
6: Global Crushing, Screening & Mineral Processing Equipment Market, By Application
7: Crushing, Screening & Mineral Processing Equipment, By Region
8: Company Profiles
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This post was originally published on The Picayune Current