• email inquiry@market.us
  • phone+1 718 618 4351 (International)
  • phone+91 78878 22626 (Asia)
menu logo logo
more_vert
  • About Us
  • Contact Us
  • Our Team
  • Privacy Policy
May 30, 2019

Home / Global Cone Crusher Market Is Driven By Increasing Demand For The Machine In Various Industries

Global Cone Crusher Market Is Driven By Increasing Demand For The Machine In Various Industries

Tajammul Pangarkar

Last updated on:May 30, 2019 Market.us

Cone crusher is a mechanical device used to crush feed material into small sizes through crushing process. It is widely used in mining and construction. Cone crushers offers various advantages such as higher capacity and high efficiency, easy to control and adjust accurately, stable operation and easy maintenance, less wear costs, wide range of application suitability, less downtime and maintenance costs. In addition, it offers high crushing ratio, better finished product shape, hydraulic protection and hydraulic clearing, high automatization, less production stop and repairing time, and thin oil lubrication increases the service time.

The machine reduces material by squeezing or compressing the feed material between a moving piece of steel and a stationary piece of steel. Final sizing is determined by the gap between two crushing members at lowest point. The compression within chamber is caused due to rotation of wedge or eccentric which helps to move the material down through the wear liner and the material is reduced. The crushed material is discharged from the bottom of the machine.


READ
At 5.7% CAGR, Worldwide Cone Crusher Market Poised to Surge $2,046.6 Mn by 2028

Increasing industrialization, coupled with a growing construction and mining industries have a positive impact on the global cone crusher market. Growing population, coupled with high spending capacity, increasing construction activities in emerging countries, are some of the other factors augmenting demand for cone crusher in construction industry. Increasing government initiatives and projects for construction has a positive impact on the global market.

However, stringent regulations pertaining to air pollution is a factor challenging the demand for cone crusher to a certain extent, as cone crusher produces lots of dust and solid waste while operation. In addition, increasing R&D investment in various industries and innovative technologies for cost-effective production are factors expected to create lucrative revenue opportunities for manufacturers operating in the target market.

trending_up Total Revenue in 2018

$1,173.6 Mn

trending_up Market CAGR of the Next Ten Years

5.7%

no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028
Purchase this report or a membership to unlock the market value (US$ Mn), share (%) and growth rate (%) comparison for this industry.
  • By Type
  • By Region
  • By Application
no_encryption Leading Companies Financial Highlights
Purchase this report or a membership to unlock the leading companies financial highlights for this industry.

trending_up Market Revenue of the Next Ten Years

$2,046.6 Mn

Cone crushers are mainly of two types such as electric motor cone crusher and diesel engine cone crusher. Compound cone crusher is mainly used in mining, road and bridge construction, chemical industry, etc.  whereas Symons cone crusher is widely used in metallurgy, hydropower, transportation, etc. Single cylinder hydraulic cone crusher and multi-cylinder hydraulic cone crusher are composed of main frame, eccentric shaft, crushing cone, transmission device, mantle, adjusting device, bowl liner, dust ring, adjusting sleeve, bowl-shaped bearing, hydraulic control system, hydraulic safety system, etc. These are widely used in various applications, such as mining industry, aggregate industry, and construction industry.

Rapid industrialization, coupled with growing various industries such as mining, demolition, construction, industrial, and others are factors augmenting demand for these crushers in Asia Pacific and Middle East & Africa. In addition, presence of prominent players with cost-efficient technologies is expected to create lucrative opportunities to support revenue growth of the target market in the region. Growing mining and construction industries, and increasing R&D and innovative technologies are factors boosting demand for cone crusher in North America region.

Some of the prominent players operating in the target market include Metso, Sandvik, Terex, Astec Industries, ThyssenKrupp, Shanghai Shibang Machinery, Weir, FLSmidth, Kleemann, Liming Heavy Industry, Shuangjin Machinery, Shunda Mining Machinery, Chengdu Dahongli, Northern Heavy Industries, and NMS Industries.

Tajammul Pangarkar

Tajammul Pangarkar is a tech blogger that frequently contributes to numerous industry-specific magazines and forums. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and in raising a general awareness of technical know-how. When he’s not ruminating about various happenings in the tech world, he can be usually found indulging in his next favorite interest - table tennis.

Share this:

  • Twitter
  • Facebook
  • LinkedIn

  • location_on420 Lexington Avenue, Suite 300 New York City, NY 10170,
    United States
  • phone+1 718 618 4351 (International)
  • phone+91 78878 22626 (Asia)
  • emailinquiry@market.us

Find Help

  • Contact Us

Legal

  • Our Team
  • Privacy Policy

Explore

  • Technology
  • Business
  • News
  • Health
  • Science
  • Economy
  • Featured

Secured Payment Options

PayPal Payment System
Payoneer Payment System

© 2022 Market.us. All Rights Reserved.