Middle East & Africa (MEA) Mining, Material Handling & Mineral Processing Equipment Market is Projected to Reach USD 448 million by 2031: Transparency Market Research, Inc. [Yahoo! Finance...
Terex Corporation (TEX)
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Source: Yahoo! Finance
modern technologies to increase production, decrease expenses, and improve efficiency. Wilmington, Delaware, United States, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The Middle East & Africa (MEA) mining, material handling & mineral processing equipment market was projected to attain US$ 276.6 million in 2022. It is anticipated to garner a 5.4% CAGR from 2023 to 2031 and by 2031, the market is likely to attain US$ 448.0 million by 2031. The market for mining, material handling, and mineral processing equipment is steadily expanding in the MEA area. The increasing demand for minerals and metals due to population increase, infrastructure development, and fast urbanization is anticipated to present profitable prospects for market expansion. The MEA region's governments are putting laws and programs into place to entice capital to the mining industry. A climate that is more friendly to business is created by transparent regulatory frameworks, tax incentiv
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