Crushers Market Share, Size, Growth, Trends, Forecast Till 2027

[Ajit B]

CrushersMarket Highlights

A crusher is an equipment thatis designed for crushing stones or rocks into smaller pieces. The globalcrusher market is expected to witness sustainable growth during the forecastperiod owing to the growing construction industry and an increase in miningoperations. The developing nations are introducing various reforms andregulations for boosting the infrastructure and real estate industries. Suchreforms are expected to drive the global crusher market. However, the marketgrowth is hindered by the fluctuating prices of raw materials, such as iron andsteel. Growing demand for rental units is an opportunity for the global crushermarket.

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Asia-Pacificis expected to witness moderate growth in the crusher market during theforecast period: MRFR

On the basis of region, theglobal crushermarket share has been segmented into North America, Europe,Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific dominated theglobal market, followed by North America, primarily due to the growth inconstruction industry, mainly in China and India. The construction industry inAsia-Pacific is growing due to the growth in the number of constructionprojects, which adds to the Asia-Pacific crusher market growth. Moreover,mining is also growing with the rise in the global population and theaccelerating economy, leading to the gowth of the crushers for miningapplications.

The global crushersmarket is expected to witness 5.6% CAGR during the forecast period and is expected to be valued at USD 4,570 million by the end of theforecast period.

Jaw crushers segment, to occupya large share of the global crusher market

On the basis of product type,the market has been segmented as cone crushers, high pressure grinding rolls,impact crushers, jaw crushers, and others. The jaw crushers segment is expectedto witness high growth during the forecast period. Jaw crushers are used inheavy duty crushing applications. They are mainly used for mining andconstruction. They are used in waste management and recycling process.

Theconstruction segment is expected to occupy the largest share in the globalcrusher market.

On the basis of application,the crusher market is segmented as construction, mining, aggregate, demolition,industrial, and environmental. The construction segment is expected to witnessmoderate growth rate during the forecast period. The crushers are extensivelyused in construction for reducing the size of large rocks or gravel as per theconstruction requirements. Authorities across all regions such as North Americaand Europe, have observed increased spending on private constructionactivities, especially in the US and the UK. Moreover, various developingcountries are trying to meet the demand for accomodation and employment with therising global population, leading to the demand for crushing equipment.

KeyPlayers

The prominent players in theglobal crusher market are Terex Corporation (US), thyssenKrupp (Germany),FLSmidth (Denmark), Metso Corporation (Finland), HARTL CRUSHER (Austria), IROCKCRUSHERS (US), McLanahan (US), and Sandvik AB (Sweden).

Eagle Crusher Company, Inc.(US), Lippmann-Milwaukee, Inc. (US), Westpro Machinery (Canada), The Weir GroupPLC (UK), Astec Industries, Inc. (US), Komatsu Mining Corp (US), WIRTGEN GROUP(Germany) are some of the other key players operating in the global crushermarket.

Scopeof the Report

This study provides an overviewof the global crusher market, tracking two market segments across fourgeographic regions. The report studies key players, providing a five-yearannual trend analysis that highlights market size, volume, and share for NorthAmerica, Europe, Asia-Pacific and the Rest of the World (ROW). The report alsoprovides a forecast, focusing on the market opportunities for the next fiveyears for each region. The scope of the study segments the global crushermarket by product type, application, and region.

ByProduct Type

Cone Crushers

High Pressure Grinding Rolls

Impact Crushers

Jaw Crushers

Others

ByApplication

Mining

Aggregate

Demolition

Industrial

Construction

Environmental

ByRegion

North America

Asia-Pacific

Europe

Rest of the World

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