The Potential Investment on Crushing Industry

Crusher is widely used in mining, metallurgical industry, building material, highway, railway, water and conservancy, chemical and other industries. The rapid economic development is inseparable from the development of these industries. With the reorganization of coal industry, large scale coal mines continued to increase, which increases the demand for crushers or breakers like jaw crusher, impact crusher, hammer crusher, sand maker, mobile crusher and so on.

The distribution of mining machinery and equipment is closely related to the distribution of mineral resources in different areas. The geological exploration has proved that 161 kinds of minerals have mineral reserves, with potential value of proven mineral reserves accounting for 50.45 percent of the total value in China. Vast mining industry is providing good opportunity to sustained and rapid development of mining equipment, especially crushers or crushing equipment.

Where are the development opportunities of crushing machine industry? In terms of road and rail applications, currently, the Department of Transportation has identified 28 roads, with 13 longitudinal roads and 15 transverse roads, and total planning mileage 71,000 kilometers, so the demand for crushers will continue to grow rapidly. Hongxing crushing equipments are mainly exported to Southeast Asia, Africa and Oceania and other regions. China is already a crusher producing country, and since our products have several advantages, it’s an inevitable trend for crusher made in China to enter the international market.