Aggregate Mining to Create a Surge in Demand in Global Jaw Crusher...

Aggregate Mining to Create a Surge in Demand in Global Jaw Crusher Market Share

Posted 2021-05-24 15:23:37

Jaw crushers are crushing equipment used in producing material to be transported by belt conveyors to the next stage. It is used in separating minerals from the ore in the mining sector. The global Jaw Crusher Market Share report compiled by Market Research Future (MRFR) contains drivers, challenges, trends, and opportunities for the period of 2019 to 2025 (forecast period). The outbreak of the COVID-19 virus and its impact on the industry are noted in great detail.

Market Scope

The global jaw crusher industry is expected to witness a CAGR of around 6.2% during the forecast period. The Jaw Crusher Market Share is expected to be valued at USD 1,748 million by the end of the forecast period.

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The market is driven by rise in mining operations and construction projects. Various reforms and regulations aimed at boosting the growth of the real estate sector in countries can trigger the need for jaw crushers. The huge demand for potash, limestone, rock salt, chalk, gemstones, and metals can fuel the demand in the market globally. Furthermore, annual exhibitions and events for showcasing the latest earth crushing equipment by leading players for attracting clients can fare well for the market till 2025.

But fluctuating market prices can act as a deterrent for the market.

Segmentation

The global jaw crushers market share has been segmented based on swing jaw pivoting position, toggle, and application. On the basis of swing jaw pivoting position, the market has been segmented into Blake jaw crusher, universal jaw crusher, and dodge jaw crusher. The Blake jaw crusher segment held the largest market share of the global jaw crushers market share in 2018 and is expected to witness the highest CAGR during the forecast period.

On the basis of toggle, the market has been segmented into single and double. The double toggle jaw crusher segment held the largest market share of the global Jaw Crusher Market Share size in 2018 and is expected to witness the highest CAGR during the forecast period. Double toggle jaw crushers are generally used for crushing hard abrasive rocks, glass, and ferrous metals.

On the basis of application, the market has been segmented as construction, mining, aggregate, demolition, industrial, and environmental. The construction segment held the largest market share of the global jaw crushers market share owing to the various ongoing construction projects in emerging countries. Moreover, an increase in real estate investments and the growth in the construction of commercial buildings such as shopping malls, educational institutes, across regions, lead to the demand for jaw crusher equipment around the world. On the other hand, the demolition segment is also anticipated to capture a major market share owing to opening of mines and renewal of various mining licences.

Regional Analysis

The global crusher market has been segmented into regions of North America, Europe, Asia Pacific, and Rest-of-the-World (RoW).

APAC held the largest share in the global Jaw Crusher Market Share, followed by North America and Europe in 2018. It is expected to continue its dominance until 2025. The growth of the construction industry and the improvements in economies in this region are expected to drive the growth of the Jaw Crusher Market Share. Moreover, industrialization and urbanization in emerging economies of India, China, and Japan are expected to contribute significantly to the growth of market.

Competitive Outlook

FLSmidth, Terex Corporation, McLanahan, HARTL CRUSHER, ThyssenKrupp, IROCK CRUSHERS, Sandvik AB, and Metso Corporation are key players operating in the global Jaw Crusher Market Share. Other players include Astec Industries, Inc., WIRTGEN GROUP, The Weir Group PLC, Komatsu Ltd., Lippmann-Milwaukee, Inc., Eagle Crusher Company, Inc., and Westpro Machinery.

Agg Pro recently provided a customized jaw crusher for Collins Earthworks in the colors of the latter’s logo. Nurturing of relationships and retention of clients can ensure a steady order for players operational in the industry.

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Key Questions Addressed by the Report

What was the historic market size?
Which segmentation (Product/ Capacity) is driving market?
What will be the growth rate?
How are the key players in this market?
What are the strategies adopted by key players?

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

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