Cone Crusher Market Global Industry Overview and Competitive Landscape till 2032

The global cone crusher market is expected to surge at a steady CAGR of 5.7% during the forecast year of 2022 to 2032. The demand for cone crushers will be driven by rise in mining activities. Cone crushers are used for crushing sandstone, limestone, granite, iron ore, and other minerals for further processing.

Rise of Construction Industry to Fuel Demand for Cone Crushers

Cone crushers are being driven by the emergence of industries such as mining, aggregate, demolition, and building in various nations. Cone crusher demand is increasing globally as governments engage in infrastructure projects. Furthermore, the market is likely to benefit from an emphasis on affordable housing initiatives. Cone crushers offer numerous operational benefits to industries, which is projected to boost machinery sales.

In countries like India, where mining industry is not registering a significant growth, the demand for cone crushers used in mining industry is seeing the decline in the growth, which is inhibiting the global cone crusher market growth.

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In order to save the capital and operational costs associated with the cone crushers, many construction and mining companies are opting for rented cone crushers as per the requirement, which is inhibiting sale of new cone crushers but opening up a rental avenue for the vendors.

Hybrid Cone Crushers to hold Lion’s Share during Forecast Period

On the basis of power source, the global cone crusher market is segmented into electric motor, diesel engine, and hybrid. The hybrid cone crushers are expected to perform well in the market as they held in reducing operational costs. Furthermore, their improved environmental compatibility is also projected to help the segment witness a steady growth rate

On the basis of application, the global cone crusher market is segmented into construction, mining, demolition, aggregate, environmental, and others. The mining segment is expected to stand out, proving the global cone crusher market a massive scope for growth. However, analysts also project that the demolition segment will also leap ahead as nations take a step forward toward materializing infrastructural plans for building future cities.

Middle East and Asia Pacific Emerge as Leading Regional Market with Infrastructural Developments

On the basis of geography, the global cone crusher market is segmented into North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and the Middle East & Africa. In terms of market revenue, Asia Pacific and the Middle East and Africa are the attractive markets for cone crushers. Analysts anticipate that the Middle East & Africa and Asia Pacific are projected to register a steady CAGR as developing economies witness infrastructural developments. North America cone crusher market is projected to register a slow but stable CAGR during the forecast period. However, rise of mining and construction industry and introduction of innovative and advanced technologies are some of the factors are fuelling the growth of cone crusher market in North America.

Global Cone Crusher Market: Key Players

The key players operating in the global cone crusher market are WESTPRO, Telsmith, Terex, Global Mining Crusher, Metso and Sandvik.

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Cone Crusher Market: Segmentation

The global cone crusher market can be segmented on the basis of end-use application, by power source and by regions

On the basis of end-use application, the global cone crusher market is segmented as:

  • Mining
  • Construction
  • Aggregate
  • Demolition
  • Industrial
  • Environment

On the basis of power source, the global cone crusher market is segmented as:

  • Electric Motor
  • Diesel Generator Engine

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

Cone Crusher Market: Segmentation

By Type:

  • Symons
  • Hydraulics
  • Gyratory
  • Other Types

By Offering:

  • Mobile Crushers
  • Portable Crushers
  • Stationary Crushers

By Power Source:

  • Electric Connection
  • Diesel Connection
  • Dual Connection

By End-user Application:

  • Mining and Metallurgy
  • Construction
  • Aggregate Processing
  • Demolition
  • Other

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of the World (RoW)
  • Middle East
  • Africa

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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