Policy Drive and Risk Tips of Taper Crusher Liner Industry in 2025

Green manufacturing policy drives industry transformation. The Green Development Action Plan for High-end Equipment Manufacturing Industry issued by the Ministry of Industry and Information Technology clearly requires that the unit energy consumption of the industry will decline by 6% in 2024 and then by 8% in 2025. At present, the popularization rate of low-carbon processes such as electric furnace smelting and waste heat recovery is gradually increasing. At the same time, the Code for Green Mine Construction mandatorily requires that the energy consumption of mine equipment be reduced by 20%, accelerating the R&D and application of lightweight and low energy consumption lining plates. Some enterprises have launched new lining plates with 15% weight reduction but unchanged performance.

Further increase of industry concentration. Influenced by the environmental protection production limit and the improvement of technical threshold, the capacity growth rate of SMEs (about 8%) is lower than the industry average level (12%). In 2025, the industry CR5 (the market share of the top 5 enterprises) is expected to rise from 32% to 45%. In addition, the industry standard will be revised in 2025 to further define the abrasion resistance, service life and other indicators of lining plates and promote the standardized development of the market.

Potential risk factors requiring attention. International geopolitical conflicts lead to annual price fluctuation of molybdenum, nickel and other raw materials exceeding 15%, which increases the difficulty of enterprise cost control; Environmental protection production limit policies in some areas may affect the release of production capacity in stages; International trade friction also poses some uncertainty to the export market. At present, enterprises in the industry are building a risk buffer system through diversified procurement channels, establishment of raw material inventory warning mechanism, and expansion of emerging export markets.