Albany, NY -- (SBWIRE) -- 09/01/2018 -- The growth of the global market for bulk material handling products and technologies heavily relies on the rising industrial infrastructure and the movement in the construction sector, especially in the emerging economies. The increase in the automation in the manufacturing industry and the advent of the mass production methodology and the assembly line concept have been acting as the key driving factor behind this surge in this market in the recent times.

Furthermore, the rise in mining activities, progress in the agriculture industry, and the innovations and advancements in bulk material handling products and technologies are likely to propel this market over the forthcoming years.

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The chemical, construction, food and beverages, energy, mining, oil and gas, metals, pharmaceuticals, and the plastics industries are the key end users of bulk material handling products and technologies across the world. The demand for these products and technologies has been most prominent from the mining industry, which has been closely followed by the construction and the chemical industries. According to analysts, the scenario is likely to remain so in the near future.

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The worldwide bulk material handling products and technologies market is spread across North America, Asia Pacific, Europe, and the Rest of the World that includes the Middle East, Africa, and South America. Europe has been holding the lead in this market for quite some time and is expected to retain it over the next few years. In 2015, the Europe market for bulk material handling products and technologies accounted for a share of 34.4% in the overall market.