Crushing, Screening, And Mineral Processing Equipment Industry Outlook 2025-2029: Market Set to Cross $19.15 Billion Milestone

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How Large Will the Crushing, Screening, And Mineral Processing Equipment Market Size By 2025?
In recent times, the market size of crushing, screening, and mineral processing equipment has experienced continual growth. The market value is projected to increase from $15.64 billion in 2024 to $15.96 billion in 2025, reflecting a compound annual growth rate (CAGR) of 2.1%. Factors such as the growing mining industry, heightened construction activities, a surge in demand for metals and minerals, government-funded infrastructure projects, global expansion of mining operations, and stringent environmental regulations were significant contributors to its historic growth.

How Big Is the Crushing, Screening, And Mineral Processing Equipment Market Size Expected to Grow by 2029?
The market size of the crushing, screening, and mineral processing equipment is expected to witness consistent growth in the coming years, with projections showing it will expand to $19.15 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.7%. Factors contributing to this projected growth in the forecast period are an increase in sustainable practices, new mining site explorations, growth of the recycling industry, worldwide infrastructure investment, and a surge in demand for specialty minerals. Key trends anticipated for the forecast period encompass modular and scalable solutions, the incorporation of artificial intelligence, customization to cater for specific minerals and applications, collaborations and partnerships, coupled with data analytics and automation.

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Which Key Market Drivers Powering Crushing, Screening, And Mineral Processing Equipment Market Expansion and Growth?
The escalating requirement for mineral goods is projected to fuel the expansion of the market for crushing, screening, and mineral processing equipment. A mineral commodity is a substance extracted from a mineral found in the Earth's crust. This equipment is utilized to distinguish ores and mineral products from rock and gangue. For example, in February 2023, the USGS (United States Geological Survey), a scientific institution of the American government, projected that sectors utilizing non-fuel mineral materials manufactured around $3.64 trillion in added value goods in 2022. This signifies a 9% rise from 2021. The anticipated value of all industrial mineral production in the US in 2022 was $63.5 billion, constituting nearly 65% of the total value of mine production in the nation. Consequently, this growing demand for mineral goods is contributing to the expansion of the crushing, screening, and mineral processing equipment market.

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What Trends Will Shape the Crushing, Screening, And Mineral Processing Equipment Market Through 2029 and Beyond?
Leading firms in the market for crushing, screening, and mineral processing equipment are focusing on product innovations like high-quality equipment solutions to increase operational efficiency, enhance processing capabilities, and satisfy the growing need for effective and eco-friendly mineral extraction and processing techniques. These high-quality equipment solutions are sturdy and reliable devices specifically designed for efficient functioning in various industries, providing improved performance and longevity. For instance, in June 2024, Tere*x Corporation, a leading manufacturer based in the United States, introduced the MAGNA brand aimed at large-scale operations in quarrying, mining, construction, and recycling. The MAGNA brand has been engineered to deliver robust and durable machinery specifically for large-scale projects. It comprises equipment like wheel loaders, excavators, and material handlers that are built to tolerate the harsh conditions of quarrying and mining operations.

What Are the Emerging Segments in the Crushing, Screening, And Mineral Processing Equipment Market?
The crushing, screening, and mineral processing equipmentmarket covered in this report is segmented -

1) By Type: Crushing And Screening Equipment, Mineral Processing Equipment
2) By Mobility: Stationary, Portable, Mobile
3) By Application: Construction And Plant Modification, Mining, Foundries And Smelters, Other Applications

Subsegments:
1) By Crushing And Screening Equipment: Crushers, Screening Equipment, Feeders, Others
2) By Mineral Processing Equipment: Separation Equipment, Grinding Equipment, Concentration Equipment, Others

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Who Are the Global Leaders in the Crushing, Screening, And Mineral Processing Equipment Market?
Major companies operating in the crushing, screening, and mineral processing equipment market include Tere*x Corporation, Sandvik AB, Astec Industries Inc., Kleemann GMBH, Mccloskey International, Metso Corporation, Screen Machine Industries LLC, Caterpillar Inc., Eagle Crusher Company Inc., Rubble Master HMH GmbH, Hongxing group, Shanghai Shibang Machinery Co.Ltd., Senya Tech, Wirtgen Group, Northern Heavy Industries Group Co. Ltd., ThyssenKrupp AG, VibraScreener Inc., Eriez Manufacturing Co., Chengdu Dahongli Machinery Co.Ltd., Meka Crushing & Concrete Batching Technologies, Lippmann-Milwaukee Inc., Komatsu Ltd., Joy Global Inc., FLSmidth & Co. A/S, Weir Group PLC, McLanahan Corporation, Superior Industries Inc., Deister Machine Company Inc., Telsmith Inc., Cedarapids Inc., Hazemag & EPR GmbH, BHS-Sonthofen GmbH, Bühler AG, Mogensen GmbH & Co. KG, General Kinematics Corporation

Which are the Top Profitable Regional Markets for the Crushing, Screening, And Mineral Processing Equipment Industry?
Asia-Pacific was the largest region in the crushing, screening, and mineral processing equipment market in 2024. Europe is expected to be the fastest-growing region in the global crushing, screening, and mineral processing equipment market during the forecast period. The regions covered in the crushing, screening, and mineral processing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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