Global Cone Crusher Market Outlook to 2030 – Rapid Urbanization and Industrialization of Emerging Markets Offer Opportunities – ResearchAndMarkets.com

the “Cone Crusher Market by End-User Industry, Mobility and Sales Type: Global Opportunity Analysis and Industry Forecast, 2021-2030” Report has been added ResearchAndMarkets.com Offer.

Cone Crusher Market was valued at US$1,725.1 million in 2020 and is expected to reach US$2,972.5 million by 2030, growing at a CAGR of 5.5% from 2021-2030.

Cone crusher is a mechanical device that reduces the size of rocks through a crushing process. It is one of several types of rock crushers primarily used in mining and construction. Rock crushing is part of the preparation of materials used in trenchless construction, such as concrete, drilling mud or gravel.

The cone crusher market is driven by factors such as increasing government spending on infrastructure development, e.g. B. for the improvement of roads and bridges, which are expected to increase. The growth in demand for construction and infrastructure developments is driving the cone crusher market significantly. In addition, the need for reduced construction time and low-cost products is a demand of the times, and cone crushers save a lot of manufacturing time and can reach remote areas or rough terrain.

In addition, precast machines are developing rapidly due to the demand for fast-paced manufacturing with accuracy. The development in the manufacturing technology of concrete, crushing and precast elements is one of the major driving factors for the cone crusher market. However, high initial investment to set up cone crushers is expensive and not affordable for all customers, which is why they choose rental cone crushers.

In addition, the use of alternative building materials with regard to the construction of sustainable buildings is increasing worldwide. This is hampering the demand for aggregates and stunting the growth of the cone crusher market. On the contrary, rapid urbanization and industrialization in developing countries has led to construction activity. The growing demand for construction and infrastructure developments is driving the market for cone crushers.

Main Benefits

  • The report provides a comprehensive analysis of the current trends, future estimates and dynamics of the Cone Crusher market.

  • An in-depth Cone Crusher market analysis is performed by estimating for the key segments, between 2021 and 2030.

  • A comprehensive analysis of the market is performed by tracking the key product positioning and monitoring the top competitors within the market framework.

  • A comprehensive analysis of four main regions is provided to determine the prevailing opportunities.

  • The market forecast analysis from 2021 to 2030 is included in the report.

  • The key market players operating in the market are profiled in this report and their strategies thoroughly analyzed to understand the competitive outlook of the market industry.

market dynamics

driver

  • Increase in government spending on infrastructure development

  • Need for reduced construction time and low cost products

  • Development in manufacturing technology

restrictions

  • High initial investment

  • Use of alternative building materials

opportunity

  • Rapid urbanization and industrialization of emerging countries

key segments

By end-user industry

  • Mining

  • construction

  • recycling

Through mobility

  • Stationary

  • Portable-on wheels

  • Portable-Tracked mounted

By type of sale

  • Sale of new equipment

  • Aftermarket Sales

By region

  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • United Kingdom

  • Russia

  • rest of Europe

  • Asia Pacific

  • China

  • Japan

  • South Korea

  • India

  • Rest of Asia Pacific

  • LAMEA

  • Latin America

  • middle East

  • Africa

key figures

  • Chengdu Dahongli Machinery Company Limited

  • CITIC Limited

  • confectionery

  • FLSmidth

  • meca

  • Metso Outotec

  • Sandvik AB

  • Tenova SpA

  • The Weir Group PLC

  • ThyssenKrupp AG

For more information about this report, see https://www.researchandmarkets.com/r/6eoh15

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