Market size and development prospects of drum screening machine
Market size growth: According to a report released by Hunan Ruilue Information Consulting Co., Ltd. in October 2024, the global screening equipment market size reached 68.70 billion yuan in 2023, and the Chinese screening equipment market size reached x.x billion yuan. It is estimated that by 2029, the global screening equipment market size will reach 98.013 billion yuan, and the market's average annual compound growth rate during the forecast period is estimated to be 5.60%.
Industry demand growth: With the continuous improvement of various industries' requirements for raw material quality and production efficiency, the market demand for Drum screening machine continues to grow. In the mining, coal, sand and gravel industries, it can efficiently grade and screen materials of different particle sizes to improve production efficiency and product quality; in the chemical, pharmaceutical, food and other industries, the demand for high-precision screening has driven Drum screening machines to develop in a more efficient and accurate direction.