A crusher is a machine designed to reduce large rocks into smaller rocks, gravel, or rock dust.. Crushers may be used to reduce the size, or change the form, of waste materials so they can be more easily disposed of or recycled, or to reduce the size of a solid mix of raw materials (as in rock ore), so that pieces of different composition can be differentiated.
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The worldwide stone crushing equipment market crossed at over USD 4.5 billion in 2018 and the industry will achieve 8% CAGR during 2019 to 2025 driven by increasing infrastructure & construction development activities along with the rising number of high-rise structures.
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Industry Insights. The global mining equipment market size was valued at USD 120.82 billion in 2017 and is anticipated to record a CAGR of 11.7% during the forecast period. Growing drilling and exploration activities across the globe are projected to drive the market over the coming years.
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