Growing concerns about the dwindling environmental impact of various industries has led to consumers inclining towards waste recycling and management. This change is brought about by the combined effort of public and private sectors. Hence, bulk material handling systems are gaining more demand particularly in the privately sectors and composting sites. This will help in augmenting the demand for the global market.
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Global Bulk Material Handling System Market – Notable Developments
Some of the key development in the global bulk material handling system market are
- In 2017, Hitachi Construction Machinery Co., Ltd. acquired Bradken limited, a major manufacturer and supplier of bulk material handling systems products for mining, transport, general industrial and contract manufacturing markets.
- In July 2017, FLSmidth entered into an agreement to acquire mining Systems operations of Sandvik AB, with an aim to expand its product offering and bulk material handling systems market reach.
Some of the key players in the global bulk material handling system market are
- Thyssenkrupp
- Techint Group
- FL Smidth
- Hitachi Construction Machinery Co.
- Liebherr Group
- IHI Transport Machinery Co.
- Ltd.,
- Kawasaki Heavy Industries among others.
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