PUBLISHER: The Business Research Company | PRODUCT CODE: 1667656
PUBLISHER: The Business Research Company | PRODUCT CODE: 1667656
Crushing, screening, and mineral processing equipment constitute machinery designed for the reduction or separation of materials within a mineral deposit, encompassing substances such as ores, mineral sand, and rock.
The primary categories of such equipment comprise crushing equipment, screening equipment, and mineral processing equipment. Crushing and screening equipment denote machinery utilized for the disintegration, separation, and conveyance of raw materials in sectors such as mining, construction, and recycling. The equipment's mobility options span stationary, portable, and mobile configurations, catering to diverse applications including construction and plant modification, mining operations, foundries and smelters, among others.
The crushing, screening, and mineral processing equipment market research report is one of a series of new reports from The Business Research Company that provides crushing, screening, and mineral processing equipment market statistics, including crushing, screening, and mineral processing equipment industry global market size, regional shares, competitors with a crushing, screening, and mineral processing equipment market share, detailed crushing, screening, and mineral processing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the crushing, screening, and mineral processing equipment industry. This crushing, screening, and mineral processing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The crushing, screening, and mineral processing equipment market size has grown steadily in recent years. It will grow from$15.64 billion in 2024 to $16.22 billion in 2025 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to mining industry growth, rise in construction activities, demand for metals and minerals, government investments in infrastructure, globalization of mining operations, environmental regulations
The crushing, screening, and mineral processing equipment market size is expected to see strong growth in the next few years. It will grow to $19.72 billion in 2029 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to increasing focus on sustainable practices, exploration of new mining sites, growth in recycling industry, global infrastructure investment, rising demand for specialty minerals. Major trends in the forecast period include modular and scalable solutions, integration of artificial intelligence, customization for specific minerals and applications, collaborations and partnerships, data analytics and automation.
The surge in demand for mineral commodities is anticipated to drive the growth of the crushing, screening, and mineral processing equipment market in the foreseeable future. Mineral commodities, derived from the Earth's crust, necessitate the use of equipment to separate ores and mineral products from the accompanying rock and gangue. A noteworthy illustration is the estimate provided by the USGS (United States Geological Survey) in February 2023, indicating that industries reliant on nonfuel mineral materials generated an estimated $3.64 trillion in value-added products in 2022, reflecting a substantial 9% increase from the previous year. The predicted value of all industrial mineral production in the United States in 2022 reached $63.5 billion, constituting nearly 65% of the total value of mine production in the country. Consequently, the escalating demand for mineral commodities serves as a driving force behind the growth of the crushing, screening, and mineral processing equipment market.
The upswing in construction projects is poised to contribute to the growth of the crushing, screening, and mineral processing equipment market in the upcoming period. Construction projects encompass planned initiatives involving the development, creation, or modification of structures, buildings, infrastructure, or facilities. The utilization of crushing, screening, and mineral processing equipment in construction projects facilitates the extraction, processing, and preparation of raw materials. Notably, data from The United States Census Bureau in November 2023 indicates that the number of privately-owned housing completions in October 2023 totaled 1,410,000 construction projects, marking a significant 4.6% increase from the 1,348,000 recorded in October 2022. Hence, the escalating number of construction projects acts as a catalyst for the growth of the crushing, screening, and mineral processing equipment market.
Leading companies in the crushing, screening, and mineral processing equipment market are introducing innovative products, such as high-performance equipment solutions, to boost operational efficiency, enhance processing capabilities, and address the growing demand for sustainable and efficient mineral extraction methods. These high-quality equipment solutions consist of durable and reliable machines engineered for optimal performance across various industries. For instance, in June 2024, Terex Corporation, a prominent U.S.-based manufacturer, launched its MAGNA brand, aimed at supporting large-scale quarrying, mining, construction, and recycling operations. The MAGNA lineup includes robust machinery like wheel loaders, excavators, and material handlers designed to endure the rigorous demands of quarrying and mining environments.
Major players in the crushing, screening, and mineral processing equipment market are directing their efforts toward the development of electric products, specifically electric crusher equipment. This category refers to machinery designed for material crushing or breakdown utilizing electric power. In October 2023, Finland-based Metso Corp., a company focused on sustainable technologies, unveiled the 'Lokotrack EC' crushers and screens. This latest range integrates diesel-electric power, offering fully automated and electrical process functions. The Lokotrack EC range signifies a leap in crushing technology and digital tools, enhancing the efficiency of crushers and screeners.
In November 2022, Sweden-based global engineering company Sandvik AB concluded the acquisition of the mining segment of Schenck Process Group (SP Mining), an industrial machinery manufacturing company based in Germany and operating in the crushing, screening, and mineral processing equipment market. The acquisition is anticipated to fortify Sandvik's position in the mining equipment sector, expanding its portfolio of products and services for the mining industry.
Major companies operating in the crushing, screening, and mineral processing equipment market include Terex 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, Buhler AG, Mogensen GmbH & Co. KG, General Kinematics Corporation
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
The countries covered in the crushing, screening, and mineral processing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The crushing, screening, and mineral processing equipment market consists of sales of jaw crushers, cone crushers, gyratory crushers, and impact crushers, vibrating screens, trommel screens, and static screens, magnetic separators, gravity concentrators, and flotation machines. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Crushing, Screening, And Mineral Processing Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on crushing, screening, and mineral processing equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for crushing, screening, and mineral processing equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The crushing, screening, and mineral processing equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.