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Mineral Processing Equipment Market Share

Report ID: GMI7549
Published Date: Nov 2023
Report Format: PDF

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Mineral Processing Equipment Market Share

The major players operating in the mineral processing equipment industry are:

Astec Industries, Inc.
Caterpillar Inc.
Derrick Corporation
Eagle Crusher
FEECO International, Inc.
FLSmidth A/S
Kemper Equipment
Kleemann GmbH
Komatsu Ltd.
McLanahan Corporation
Metso Corporation
Multotec Pty Ltd.
Sandvik AB

Major players in the mineral processing equipment business strive for market share by prioritizing sustainable equipment. They invest in the development of eco-friendly technologies, emphasizing reduced environmental impacts and energy efficiency, to align with industry trends and meet the growing demand for sustainable solutions.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market valuation of the mineral processing equipment was worth USD 20.1 billion in 2022 and is expected to expand at over 4.5% CAGR from 2023 to 2032, driven by the surging demand for minerals and the higher necessity for efficient processing methods.

The crushers equipment segment accounted for around 34% revenue share in 2022 and is expected to witness high demand between 2023 and 2032, attributed to innovations in automation, precision, and energy efficiency.

Asia Pacific held more than 45% revenue share of the mineral processing equipment industry in 2022 and is estimated to expand significantly through 2032, owing to the expanding mining activities, with increased exploration & extraction efforts in the region.

Some of the leading mineral processing equipment companies are Astec Industries, Inc., Caterpillar Inc., Derrick Corporation, FEECO International, Inc., Kemper Equipment, Komatsu Ltd., McLanahan Corporation, Metso Corporation, and Sandvik AB.