How Stone Crushing Equipment Market Growing Rapidly...? Top Manufacturers Terex Corporation, Sandvik, Thyssenkrupp, McLanahan Corporation, Metso, Superior Industries Inc
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Stone Crushing Equipment Market is expected to exceed USD 8.5 billion by 2025. Rapidly increasing construction & mining activities that require various stone sizes are driving the industry. These crushers are used for crushing large stones, rocks, metals, iron, etc., into very small pieces depending on the application requirements. Growing requirements for finely crushed stones for building & road construction projects to provide strong bases to these infrastructures are adding up to the demand for these machines. Additionally, the development of less emission producing machines by leading manufacturers to control the levels of harmful emissions caused by the crushing activity is a major factor impacting the industry scenario.
Stone Crushing Equipment Market, By Product
• Cone crusher
• Jaw crusher
• Impact crusher
Stone Crushing Equipment Market, By Application
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In the stone crushing equipment market, impact crushers are gaining a high demand for shaping applications such as the making of sand, chips, glass recycling, and concrete production. These machines are available in their horizontal & vertical models, which are capable of recycling & demolition activities. These crushers are popular among recycling applications owing to their ability to process various materials at high speed & outputs. The stone crushing equipment market is witnessing the emergence of mobile crushing machines that can function in demanding environments. For instance, in April 2018, McCloskey announced the launch of its new impact crushers at Intermat. The new machines have mobility features to deliver versatility and high performance.
The MEA stone crushing equipment market is expanding at a rapid pace due to the development of the mining industry in South Africa and Middle Eastern countries. South Africa is a major producer of coal, gold, etc., with the presence of several mines requiring highly efficient crushing machines. The country also has several construction & infrastructure transformation projects, further adding up to the machinery demand. South Africa is witnessing rapid urbanization with 63% of its population living in urban areas and the numbers may increase to 71% by the end of 2030. The urbanization trend is creating the demand for basic infrastructure requirements in the region, further contributing to the stone crushing equipment market growth.
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Prominent companies operating in the stone crushing equipment market include Terex Corporation, Sandvik AB, Metso Oyj, Komatsu Ltd., Astec Industries, IROCK Crusher, thyssenkrupp, etc. These players are focused on developing technically advanced machines with mobility & productivity features. Manufacturers are providing low emission and fuel consuming machines to the application industries to meet the carbon emission related standards set by regional & global associations impacting the stone crushing equipment market.
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