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Stone Crushing Equipment Market Size | Industry Developments, Outlook, Current Trends by 2025

Author : Rahul Varpe | Published Date : 2020-09-10 

The stone crushing equipment market is likely to foresee lucrative growth given to increasing construction and mining activities commenced worldwide. These machines are utilized for crushing large rocks, iron, metals, stones, etc., into relatively small pieces as per required application. The growing need for finely crushed stones for projects like building and construction projects in order to give strong bases to these structures are adding up the demand for stone crushing equipment.

In addition to this, development of low emission producing machines in order to control the levels of harmful emissions developed during crushing activity may favor market growth. As per a research report stone crushing equipment market is projected to surpass $8.5 billion valuation by 2025. 

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Based on product, impact crushers are attaining significant demand across shaping applications like concrete production, making of chips, sand, glass recycling. These machines are available in vertical and horizontal models, and are efficient in recycling and demolition activities. These crushers are also favored among recycling applications due to their capability to process several materials at high outputs and speed.

The market for stone crushing equipment is observing new, mobile crushing machines which can operate in diverse environments. Citing an example, McCloskey, in April 2018, unveiled its new impact crushers at Intermat. The new machines have the mobility attributes to deliver high performance and versatility.

In terms of application, the recycling applications require huge numbers of crushers to recycle waste that generated from complex mining and construction activities. These applications use crushing machines for breaking down unwanted stones and materials, whilst adding up to safety concerns regarding the environment.

Meanwhile, new, mobile crushers models are being developed for on-site and small-scale recycling operations. The high productivity and compactness benefits of new machines permit users to deploy them in roadside location as well as in tight urban spaces. The asphalt & concrete recycling industries around the world is driving the demand for mobile machines, ascribing stone crushing equipment market growth.

According to geographical share, Middle East & Africa stone crushing equipment market is rapidly expanding owing to robust developments in the mining. South Africa is a key producer of gold, coal, etc., with the presence of various mines which require highly effective crushing machines. The region has numerous ongoing construction and infrastructure projects, which adds on to the demand for these machines.

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South Africa is also observing rapid urbanization with nearly 63% of the people living in the urban areas, with numbers likely to increase to 71% by 2030. The urbanization trend is fueling the demand for basic public & private infrastructure in the region, thereby contributing to the growth of MEA stone crushing equipment market.

IROCK Crusher, Komatsu Ltd., thyssenkrupp, Terex Corporation, Astec Industries, Sandvik AB, and Metso Oyj among others are some of the key operating in the global stone crushing equipment market. Key players are concentrating on developing technically advanced machines with features like high productivity and mobility. In addition, manufacturers are also offering machines that produce less emission in order to meet the carbon emission standards set by global and regional associations.

 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. [email protected] | https://twitter.com/varperahul

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