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.
Los Angeles, CA -- (SBWIRE) -- 10/23/2018 -- This report studies the Cone Crusher market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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 global Cone Crusher market was 1140 million US$ in 2017 and is expected to 1550 million US$ by the end of 2025, growing at a CAGR of 4.4% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cone Crusher in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Liming Heavy Industry
Shanghai Shibang Machinery
Shunda Mining Machinery
Northern Heavy Industries
Zhejiang MP Mining Equipment
By the product type, the market is primarily split into
Less than 300tph
More than 800tph
By the end users/application, this report covers the following segments
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