According to the latest report by IMARC Group, titled “Cone Crushers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global cone crushers market reached a value of US$ 1,600 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,162 Million by 2027, exhibiting a CAGR of 5.17% during 2022-2027.
Market Outlook:
Cone crushers represent mechanical devices used for reducing the size of large rocks. They are widely utilized in the construction and mining industries to crush hard and abrasive materials, such as river gravel, granite, basalt, iron, chrome, magnesite, copper ores, etc. Presently, several manufacturers offer different variants of cone crushers made with high-grade steel in various designs, which provide the optimum stability and strength required to crush extra-hard materials while ensuring low maintenance costs.
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Market Trends:
The rising investments in infrastructural development, along with the growing number of commercial construction activities, are primarily driving the cone crushers market. Moreover, the emerging trend of automation in mining operations is positively influencing the demand for cone crushers with hydraulic clamping for increasing power, production, output, etc. Besides this, owing to the escalating environmental concerns and the launch of stringent policies by government bodies, numerous organizations are focusing on lowering costs and improving the energy consumption of equipment. This, in turn, is propelling the adoption of cone crushers across the globe, especially in the recycling and reuse of bitumen and aggregates as new asphalt.
Furthermore, the introduction of liner profiling systems and connected variants with built-in computer intelligence and automation and connectivity systems (ACS), which help operators predict performance, maximize uptime, provide sustainability, etc., is anticipated to stimulate the cone crushers market in the coming years.
Major Players Covered:
- Astec Industries Inc.
- FLSmidth & Co. A/S
- Keestrack
- McCloskey International Limited (Neles Oyj)
- Puzzolana
- Sandvik AB
- Terex Corporation
- Tesab Engineering Ltd
- thyssenkrupp AG
- Westpro Machinery Inc.
Report Segmentation:
The report has segmented the global cone crushers market on the basis of type, offering, power source, application and region.
Breakup by Type:
- Symons
- Hydraulics
- Gyratory
- Others
Breakup by Offering:
- Mobile Crushers
- Portable Crushers
- Stationary Crushers
Breakup by Power Source:
- Electric Connection
- Diesel Connection
- Dual Connection
Breakup by Application:
- Mining and Metallurgy
- Construction
- Aggregate
- Demolition
- Environmental
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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The Cone Crushers Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the cone crushers market include WESTPRO, Telsmith, Terex, Global Mining Crusher, Metso and Sandvik.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Cone Crushers Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/cone-crushers-market/download-sampleMarket DynamicsThe demand for cone crushers is rising globally with the growth of industries such as mining, aggregate, demolition, industrial, construction, and others.
In Asia Pacific region, rising mining activities and rapid expansion of the construction industry are likely to propel the demand.
However, with high investment cost and operational cost linked up with the cone crusher, many companies are opting for rent services as per requirement which may act as a restraint for the market growth.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
Latest added Global Stationary Cone Crushers Market research study by AMA Research offers detailed outlook and elaborates market review till 2026.
At present, the market players are strategizing and overcoming challenges of current scenario; The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
The global stationary cone crusher market is expected to witness high demand in the forecasted period due to the rising adoption from the metallurgy industries.
A stationary Cone Crusher is a compression type of machine that reduces material by squeezing or compressing the feed material between a moving piece of steel and a stationary piece of steel.
The recent coronavirus outbreak presented significant effects on the mining sector, primarily due to the lower mineral offtake, owing to the lack of demand from the end-user industries, and the non-availability of labor caused by the nationwide lockdown.
However, the COVID-19 outbreak presented new challenges, which is expected to restrict this growth, with project work being delayed and investments put on hold.
The Global Cone Crushers Market Report is a comprehensive and in-depth study on the size, share, growth,trends, demand and estimation with a focus on the latest development.
The report provides key statistics on the market status with highlights on various important strategic such as mergers, acquisitions, partnership and other development.The entire cone crushers market has been sub-categorized into end-use application.
The report provides an analysis of these subsets with respect to the geographical segmentation.
This research study will keep marketer informed and helps to identify the target demographics for a product or service.Request a FREE Sample Copy of Global Cone Crushers Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/cone-crushers-market/download-sampleBy End-Use ApplicationMiningConstructionAggregateDemolitionIndustrialOthersThe research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the cone crushers market include WESTPRO, Telsmith, Terex, Global Mining Crusher, Metso and Sandvik.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.This section covers regional segmentation which accentuates on current and future demand for cone crushers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
