Global Cone Crusher Market Growth 2019-2024

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.
In the coming years there is an increasing technology breakthrough for cone crushers in the regions of Europe and USA that is expected to drive the market for more advanced cone crushers. Growth in government budgets in the principal countries, recovery of mining fields, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of cone crushers in developing countries will drive growth in global market.
Globally, the cone crushers industry market is low concentrated as the manufacturing technology of cone crushers is relatively matures than some high-tech equipment. And some enterprises, like Metso, Sandvik, Terex, etc. are well-known for the wonderful performance of their cone crushers and related services. At the same time, Asia-Pacific occupied 60% production market share in 2017, is remarkable in the global cone crushers industry.

According to this study, over the next five years the Cone Crusher market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 1370 million by 2024, from US$ 1160 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cone Crusher business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Cone Crusher market by product type, application, key manufacturers and key regions and countries.

This study considers the Cone Crusher value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Less than 300tph
300tph-600tph
More than 600tph
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Mining
Aggregate
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sandvik
Terex
Metso
Astec Industries
WIRTGEN GROUP
Liming Heavy Industry
FLSmidth
ThyssenKrupp
Hongxing Group
McCloskey International
Weir
Puzzolana
Shuangjin Machinery
Chengdu Dahongli
Shanghai Shibang Machinery
Shunda Mining Machinery
Propel Industries
Northern Heavy Industries
Zhejiang MP Mining Equipment
Tesab

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Cone Crusher consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cone Crusher market by identifying its various subsegments.
Focuses on the key global Cone Crusher manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cone Crusher with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Cone Crusher submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.