Global Cone Crushers Market: Introduction
A cone crusher is a mining equipment that reduces the size of feed material by squeezing or compressing it 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. As the feed material enters the cone crusher, it gets wedged and squeezed between the mantle and the bowl liner. The material is reduced into smaller bits when it moves down through the bowl liner as the opening in the cavity gets tighter. Cone crushers offer features such as large eccentric throw, high pivot-point crushing action, and variable speed of the direct drive. These crushers are suitable for use in crushing of a variety of mid-hard and hard rocks.
Global Cone Crushers Market: Trends & Developments
There exists high demand for mobile cone crushers and screeners among quarry operators in India to mitigate challenges related to logistics. Mobile cone crushers offer contractors and miners the ability to move crushing equipment from one site to another, with minimum logistics. Also, mobile cone crushers can be dismantled in a time of few days or weeks and shipped to the desired destination, which is not possible in case of static cone crushers.
Global Cone Crushers Market: Segmentation
Based on application, the global cone crushers market can be segmented into mining & quarrying and recycling. In the mining & quarrying industry, cone crushers provide excellent reduction and product cubicity during the production of high-quality aggregate and sub-base materials. Modern cone crushers use hydraulic hold-down clamping with automatic control, allowing them to compound the crushing capacity. With a re-circulating conveyor and double-desk screen, modern cone crushers offer the complete crushing and screening process in a single-chassis design.
Global Cone Crushers Market: Regional Outlook
In terms of region, the global cone crushers market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominates the global cone crushers market, owing to large-scale mining operations in China. China is the world’s leading producer of coal, gold, and most rare earth minerals. It witnesses high demand for mining equipment such as cone crushers. Large-scale manufacturers of mining equipment in China export mining equipment to countries in Africa, which are rich in mineral resources. In India, the Steel Authority of India Limited has taken up the development work of captive Chiria mines for the capacity addition of Steel Authority of India Limited’s flagship Bhilai Steel plant in the state of Chhattisgarh. The exploration of Chiria and other mines in India is expected to generate high demand for cone crushers market in the country during the forecast period.
Global Cone Crushers Market: Key Players
Key players operating in the global cone crushers market are McCloskey International, Terex Corporation, Shanghai Shibang Machinery Co., Ltd., Zhejiang MP Mining Equipment, The Weir Group PLC, Henan Liming Heavy Industry Science & Technology Co., Ltd., Northern Heavy Industries Group Co. , Ltd., Northern Heavy Industries Group Co., Ltd., Sandvik AB, Puzzolana, ThyssenKrupp AG, WIRTGEN GROUP, Metso Corporation, Tesab Engineering Ltd, FLSmidth, Astec Industries, Inc., and Propel Industries.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.