Cone Crusher Market Set for Rapid Growth, to Reach $1550 Mn by 2025

“Cone Crusher Industry Research Report”
The Cone Crusher market was valued at 1140 Million US$ in 2017 and is projected to reach 1550 Million US$ by 2025, at a CAGR of 4.4% during the forecast period.

QY Research has lately published a new report on “Global Cone Crusher Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025. 

A cone crusher is similar in operation to a gyratory crusher, with less steepness in the crushing chamber and more of a parallel zone between crushing zones. A cone crusher breaks rock by squeezing the rock between an eccentrically gyrating spindle, which is covered by a wear-resistant mantle, and the enclosing concave hopper, covered by a manganese concave or a bowl liner. As rock enters the top of the cone crusher, it becomes wedged and squeezed between the mantle and the bowl liner or concave. Large pieces of ore are broken once, and then fall to a lower position (because they are now smaller) where they are broken again. This process continues until the pieces are small enough to fall through the narrow opening at the bottom of the crusher.

The Global Cone Crushers Market is relatively low concentrated as the manufacturing technology of Cone Crushers is relatively higher than some high-tech equipment. Some enterprises are well-known for the wonderful performance of their Cone Crushers and related services. The global leading players Metso, Sandvik, Terex are remarkable in the global Cone Crushers industry because of their market share and technology status of Cone Crushers.

The consumption volume of Cone Crushers is related to downstream industries and global economy. There are many manufactures in this field. The global consumption volume of Cone Crushers will increase from 3549 units in 2017 to 4653 units in 2023, with an annual growth rate of 4.62%.

The largest Market of Cone Crushers is Asia-Pacific, with market share of about 31.83% in 2017, followed by Europe and North America, with market share of 23.59% and 18.96%. Recent years, the developing countries such as China, India and Brazil are playing more and more important roles in the market and investors should pay more attention to these regions.

The Cone Crushers market is mainly divided into mining and construction. The Construction is the largest market due to the large sales of Cone Crushers. In 2017, the sales market share of Cone Crushers, mining and construction are 38.06%, 61.94%.

Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.

The Cone Crusher market was valued at 1140 Million US$ in 2017 and is projected to reach 1550 Million US$ by 2025, at a CAGR of 4.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Cone Crusher.

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This report includes the following manufacturers; we can also add the other companies as you want.

    Metso

    Sandvik

    Terex

    Astec Industries

    Weir

    WIRTGEN GROUP

    Liming Heavy Industry

    ThyssenKrupp

    FLSmidth

    Chengdu Dahongli

    Shanghai Shibang Machinery

    Shuangjin Machinery

    McCloskey International

    Minyu Machinery

    Shunda Mining Machinery

    Northern Heavy Industries

    Tesab

    Zhejiang MP Mining Equipment

Market Segment by Product Type

    Less than 300tph

    300tph-800tph

    More than 800tph

Market Segment by Application

    Mining Industry

    Aggregate Industry

    Construction Industry 

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