Screens & Feeders

Global demand for aggregates, mining equipment grows

Increases in the global market for construction aggregates is expected to increase by 5.2 per cent each year, a slower rate of growth than for the 2005-2010 period.

This means construction aggregates will exceed 43 billion tonnes by 2015, with the Asia-Pacific region mounting the largest increases, led by activity in China and India.

China is expected to account for half of all new demand. Eastern Europe and the Africa-Middle East region will show significant growth while Central-South America will rise moderately.

The developed world ? the US, Canada, Japan, Western Europe, South Korea and Australia ? will not see a strong demand.

Demand for crushed stone, sand and gravel will rise around five per cent per year to 2015, with sand in highest demand.  Restrictive land use, environmental regulations and a depletion of natural reserves will increase demand for recycled, secondary and other aggregates. The projected growth for all products is 7.1 per cent.

Global demand for mining equipment will lift during the 2010-2015 period at around 8.5 per cent, annually reaching $92 billion.

As expected the strongest growth will be in the Asia-Pacific region, particularly China, India and Indonesia. China will account for 57 per cent of demand.

Improved manufacturing and construction activity will see the Central-South American region post the fastest gains, followed by Africa and the Middle East.

Mining machinery used in metals mining will account for the largest share of global sales; this will continue until at least 2015. Coal mining equipment will come a close second while the global market for non-metallic minerals mining machinery will grow more slowly.

Complete statistical analysis on both topics is available for purchase from the Freedonia Group,

Source: Freedonia Group

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