The global spiral classifier market will post a revenue of more than US$1.23 billion by 2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is growing popularity of REFLUX Classifier technology. The REFLUX Classifier technology, introduced by FLSmidth, is gradually gaining popularity, especially in the coal processing applications as these devices can operate under variable feed conditions. Traditional technology is incompetent to accommodate such feed variations that lead to significant recovery losses.
According to the report, one driver in the market is higher adoption of electric vehicles driving demand for cobalt. Cobalt is a major component used in manufacturing electric batteries for electric vehicles. With the increasing popularity, the number of electric vehicles increased by 99.17% between 2010 and 2016 globally.
Further, the report states that one challenge in the market is uncertain future of mine owners increasing operational challenges. Many major mining corporations have reduced their investments in new mining projects and expanding existing ones, due to the declining commodity prices. The prices of coal, aluminum, copper, and iron ore have witnessed a declining trend since 2011. Thus, the revenue of mining companies has dropped since 2011.
- K.C.P. Sugar and Industries Corporation
- Henan Bailing Machinery
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
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