Global Rotary Kiln Market 2018-2022
About this market
The use of alternative fuels to drive growth in the market. A cement kiln is generally operated with coal. The use of alternative fuels in cement kilns mitigates carbon dioxide emissions during the cement production process. The use of alternative fuels is beneficial for cement manufacturing. Technavio’s analysts have predicted that the rotary kiln market will register a CAGR of almost 2% by 2022.
Expansion and installation of new cement plants
To cater to the rising demand of cement and steel in the construction industry, most of the manufacturers of cement and lime are expanding their present capacity of production.
Volatility in raw material prices
Instability in raw material prices affects the construction of rotary kilns, where steel is one of the primary raw materials. Any fluctuation in prices of these materials has a direct effect on construction costs.
For the detailed list of factors that will drive and challenge the growth of the rotary kiln market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including Metso and Prayon Group the competitive environment is quite intense. Factors such as the use of alternative fuels and the expansion and installation of new cement plants, will provide considerable growth opportunities to rotary kiln manufactures. Boardman, FLSmidth, KHD Humboldt Wedag International, Metso, and Prayon Group are some of the major companies covered in this report.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook