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                                                                  Fast Facts
                                                                 The global crushing, screening, and mineral processing
                                                                   equipment market size was $18,980.9 million in 2020,
                                                                   and is expected to reach $32,103.4 million by 2030,
                                                                   growing at a CAGR of 5.2% from 2021 to 2030.
                                                                 The global mobile crushers and screeners market size
                                                                   was valued at $2,467.5 million in 2020 and is projected
           Increase in mining related activities in various regions such as   to reach $4,354.9 million by 2030, growing at a CAGR
           Asia-Pacific & Europe, and rise in demand for crushing, screening,   of 5.7% from 2020 to 2030.
           and mineral processing equipment for application such as metal    The cone crusher market was valued at $1,523.4 million
           mining, coal mining, and mineral mining, has been fueling   in 2020, and it is expected to reach a value of $2,051.7
           the growth of the crushing, screening, and mineral processing   million by 2026 while registering a CAGR of 5.10% over
           equipment market globally. Additionally rise in urban population,   the forecast period from 2021 to 2026.
           which in turn, increases the demand for natural resources, and    When selecting crushing equipment, companies need
           oil, is expected to surge the demand for mineral processing   to consider the raw material they will be handling
           equipment.                                              because different minerals possess differing degrees
           As per Research & Markets estimates, crushing, screening and   of hardness and durability. If they’re working with a
           mineral processing equipment manufacturers are expecting   particularly hard material, they may opt for a super-
           higher sales owing to the increase in demand for stationary and   powerful jaw crusher. On the contrary, if they’re
           wheeled product lines. The manufacturers are working on various   handling a softer mineral like talc or limestone where
           marketing strategies, followed by product offering, to meet the   not much force is required, they can go for alternative
           growth in requirement for stationary and wheeled units. Increase   like an impact crusher. Other factors of consideration
           in demand and adoption of mobile crushing, screening and   may include ease of machine transportation, desired
           mineral processing equipment is another factor expected to drive   material yield, and the quality and cost of the
           the growth of the global market. Mobile equipment also aims to   equipment.
           reduce material transport cost.


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