Cement Processing Equipment Market Scope
Cement processing equipment is used for the preparation of cement raw materials, clinker production, and finished cement production. It includes cement mill, cement crusher, rotary kiln, cement roller press, cement dryer, clinker cooler, cement silo, and related cement plant equipment. The global cement processing equipment market is mainly driven by the increasing infrastructure development and high efficiency in the cement production process. China is dominating the market due to the presence of a large number of players.
The Cement Processing Equipment market study is segmented by Type (Cement Rotary Kiln, Cement Crusher, Cement Mill and Others (Clinker Cooler, Cyclone Preheater, Conveyor)), by Application (Crushing, Grinding, Milling and Others) and major geographies with country level break-up.
Research Analyst at AMA estimates that China Manufacturers will contribute to the maximum growth of Global Cement Processing Equipment market throughout the predicted period.
FLSmidth (Denmark), FIVES Group (France), CITIC Heavy Industries Co.Ltd. (China), Thyssenkrupp AG (Germany), KHD Humboldt Wedag International AG (Germany), Feeco International Inc. (United States), Shanghai Minggong Heavy Equipment Co., Ltd. (China), Jiangsu Pengfei Group Co.,Ltd. (China), IKN GmbH (Germany) and UBE Machinery Corporation, Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Anyang General International Corp. (China), Shanghai Tongli Heavy Machinery Co., Ltd. (China), Henan Hongxing Mining Machinery Co., Ltd. (China), Sinoma International Enginnering Co. Ltd. (China), Northern Heavy Industries Group Co., Ltd. (China), Chanderpur Group (India) and Ashoka Group (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Cement Processing Equipment market by Type, Application and Region.
On the basis of geography, the market of Cement Processing Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). China region held largest market share in the year 2020.
Market Leaders and their expansionary development strategies
On December 31, 2020, France’s Reel International, which specializes in industrial lifting equipment, has acquired FLSmidth Hamburg GmbH. FLSmidth Hamburg, operating under the Möller brand, installs and maintains complex handling equipment for the energy, cement, and aluminum industries.
On June 20, 2019, FLSmidth has won a contract to deliver a Greenfield cement plant to a new customer in Morocco, worth DKK 335 million. The project includes state-of-the-art equipment that will provide TEKCIM with a very efficient cement plant.
Market Trend
- Installation of Kilns of Lower Capacity Due To Economic and Logistics Reasons
Market Drivers
- Increasing focus on automation, control, environmental concerns, and testing throughout the production processes to deliver higher efficiency and performance is the key driving factor of the market.
- Increase in Cement Production Process owing to the Development of Construction Industry
Opportunities
- Increasing Infrastructure Projects in Developing Regions
- Development of Fourth Generation Equipment’s such as Clinker Coolers
- Cement Plant Automation
Restraints
- The Dearth of Cement Production Capacity Expansion Projects
- Scarcity of New Equipment Orders Owing To High Competition
Challenges
- Reducing the Clinker Factor without Compromising Quality and Rising Demand for High-Performance Cements
- Higher Operating Costs and Lower Throughput
Key Target Audience
Cement Processing Equipment Manufacturers, Specialized Equipment Component Suppliers, Engineering and Procurement Firms, Investment Analysts, Cement Manufacturers, End-Use Industry and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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