Calciner Industry Growth Insights: Global Trends
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The global calciner market, valued at USD 100.01 billion in 2023, is projected to reach USD 194.88 billion by 2030, growing at a CAGR of 10% over the forecast period 2024-2030. This substantial growth is driven by increasing industrial activities and infrastructure development worldwide, particularly in emerging markets. The metallurgical industry’s reliance on calciners for calcination, a vital process for extracting metals, ensures their continued importance.