Cone Crushers Market cover

Cone Crushers Market by Types (Symons, Hydraulics, and Gyrator), Applications (Mining and Metallurgy, Aggregate Processing, Construction, and Demolition), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: FB-2378
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 4
  • No. Of Pages: 192
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global cone crushers market size is projected to expand at a CAGR of 5.86% during the forecast period, 2021-2028. The growth of the market is attributed to low transportation costs, rapid urbanization, and increasing mining activity in emerging countries.

Cone Crushers Market summary

Cone crushers squeeze or compress feed material between an eccentrically gyrating spindle, which is covered by a wear-resistant mantle, and an enclosing concave hopper, which is covered by a manganese concave or a bowl liner, to reduce its size. The feed material is wedged and compressed between the mantle and the bowl liner as it enters the cone crusher.

As the material goes down through the bowl liner, the opening in the cavity gets tighter, the material is reduced into tiny bits. Cone crushers have a big eccentric throw, a high pivot-point crushing action, and a variable direct drive speed. These crushers can be used to crush a wide range of rocks, in terms of its hardness. Contractors and miners uses mobile cone crushers to move crushing equipment from one location to another with minimal complications. Mobile cone crushers can also be dismantled in a matter of days or weeks and transported to the suitable location.

Mining, construction, processing, and demolition industries' crushing and grinding requirements have changed dramatically in the last two decades.  Earlier, crushers were primarily stationary equipment that converted coarse materials to aggregated materials before passing them on to tertiary crushing equipment. In recent years, hydraulic hold-down clamping cone crushers allow industries to crush at higher capacity and with more power. Cone crushers' automatic control has increased their power consumption as well as their throughput, prompting market sellers to focus on expanding the capacity of their goods.

The recent epidemic of COVID-19 severely hampered worldwide mining and construction operations, resulting in a severe labor shortage and lack of capital investment. Such events are projected to have a negative impact on global demand for equipment in these industries. However, restrictions on the relaxations imposed by government state bodies is expected to positively influence the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for mobile cone crushers and screeners from quarry operators in India to help them overcome logistical obstacles is expected to drive the market growth.
  • Growing requirement for low cost production equipment is anticipated to fuel the growth of the market.
  • High energy consumption is estimated to hinder the market growth.
  • Rapid infrastructural development in low-income countries and emerging economies is estimated to create lucrative opportunities during the forecast period.

Scope of the Report

The report on the cone crushers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cone Crushers Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2021–2028

Segmentation

Types (Symons, Hydraulics, and Gyrator), Applications (Mining and Metallurgy, Aggregate Processing, Construction, and Demolition)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Terex Corporation; Metso Corporation; McCloskey Equipment; Thyssenkrupp AG; and Sandvik AB

Cone Crushers Market Segment Insights:

 Hydraulics segment to account a major market share

Based on types, the market is segregated into symons, hydraulics, and gyrator. The hydraulic segment is expected to grow at a healthy rate during the forecast period. Hydraulic cone crusher has high RPM, a preferred cavity shape, and an acceptable stroke. On the other hand, the symons segment is anticipated to account for a considerable share in the projected timeline. Secondary, tertiary, and quaternary crushing are  employed with help of symons. They achieve this by using a flatter chamber shape and rotating at almost twice the speed of a primary type gyratory crusher.

Cone Crushers Market type

Mining and metallurgy segment is anticipated to expand at a robust CAGR

On the basis of applications, the cone crushers market is segregated into mining and metallurgy, aggregate processing, construction, and demolition. The mining and metallurgy segment is estimated to account for a significant market share during the forecast period.  Market instability and commodity price decline have spawned a new trend in which cost-cutting, automation, and operational efficiency have become critical. This industrial downturn has created chances for major organizations to restructure their services and integrate smart practices in order to provide clients with efficient and sustainable solutions. Digitalization and innovation have always been fostered and used by the mining industry. Using modern data analytics and the Internet of Things (IoT) have helped mining operations to maximize productivity. Crusher manufacturers all over the world are launching equipment with built-in computer intelligence that allows miners to predict equipment wear and reduce unplanned downtime.

Asia Pacific is projected to hold a major market share

In terms of regions, the global cone crushers market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. China's building industry is expanding rapidly, and by 2030, it is estimated to contribute USD 2.1 trillion to global construction production. The country's 'one belt, one road' plan is promoting cooperation and trade with its neighbors, drawing significant investment in the construction sector, which is expected to boost the country's construction equities. As part of its considerable expansion and transformation of its supply chain industry, China plans to build 30 logistics hubs in 2020 and 150 in the next five years, which is projected to positively impact the market in Asia Pacific.

Cone Crushers Market region

India is one of the rapidly growing construction industries in the area, with construction spending estimated to total approximately USD 13 trillion by 2030. Rapid urbanization and disposable income are expected to create a huge demand for housing projects. Moreover, the focus on improvement of infrastructure to bolster the country's economic position is creating market opportunity in the region and generating additional growth for the cone crushers market in the country.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cone Crushers Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cone Crushers Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cone Crushers Market - Supply Chain
  4.5. Global Cone Crushers Market Forecast
     4.5.1. Cone Crushers Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cone Crushers Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cone Crushers Market Absolute $ Opportunity
5. Global Cone Crushers Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cone Crushers Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cone Crushers Demand Share Forecast, 2019-2026
6. North America Cone Crushers Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cone Crushers Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cone Crushers Demand Share Forecast, 2019-2026
7. Latin America Cone Crushers Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cone Crushers Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cone Crushers Demand Share Forecast, 2019-2026
8. Europe Cone Crushers Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cone Crushers Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cone Crushers Demand Share Forecast, 2019-2026
9. Asia Pacific Cone Crushers Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cone Crushers Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cone Crushers Demand Share Forecast, 2019-2026
10. Middle East & Africa Cone Crushers Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cone Crushers Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cone Crushers Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cone Crushers Market: Market Share Analysis
  11.2. Cone Crushers Distributors and Customers
  11.3. Cone Crushers Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Terex Corporation
     11.4.2. Metso Corporation
     11.4.3. McCloskey Equipment
     11.4.4. Thyssenkrupp AG
     11.4.5. Sandvik AB

Segments Covered in the Report

The global cone crushers market is segmented on the basis of

Types

  • Symons
  • Hydraulics
  • Gyrator

End-users

  • Mining and Metallurgy
  • Aggregate Processing
  • Construction
  • Demolition

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Terex Corporation
  • Metso Corporation
  • McCloskey Equipment
  • Thyssenkrupp AG
  • Sandvik AB

The major players in the cone crushers market include Terex Corporation, Metso Corporation, McCloskey Equipment, Thyssenkrupp AG, and Sandvik AB.
In May 2020, Metso launched Nordberg HP900 series cone crusher for the aggregate and mining markets. The crusher was designed to improve performance while lowering CAPEX. The crusher also has improved kinematics, elevated pivot points, and increased power, which can result in a 15% capacity improvement.
At CONEXPO/CON-AGG 2020 in Las Vegas, Telsmith Inc., one of Astec Industries' brands, unveiled the Titan T200 Cone Crusher. This T200 cone model is engineered to provide optimum uptime while lowering maintenance costs.

Cone Crushers Market keyplayers
 

Buy Report