Press release
Jaw Crusher Market Industry Size, Business Strategies, Covid 19 Impact on Industry, Market Drives, Revenue, Challenges and Global Forecast 2025
Market Research Future published a research report on “Jaw Crusher Market Research Report - Global Forecast 2025” – Market Analysis, Scope, Stake, Progress, Trends and Forecast Report to 2025.Market Overview
The global jaw crusher market, according to a report by Market Research Future (MRFR), is poised to observe substantial growth at a CAGR of nearly 6.2% during the forecast period. The jaw crusher market size is slated to register a market valuation of USD 1,748 million by the end of the assessment period.
Drivers and Restraints
The market of jaw crusher has been observing moderate growth in recent years. The rising demand for jaw crushers is expected to be driven by the increase in construction and a rise in mining operations. Governments are focusing on launching several reforms and regulations to boost their infrastructure and real-estate industries, which has resulted in the growth of the construction industry, fueling the growth of the Jaw Crusher Market.
Moreover, the rising demand for minerals and other geological materials, such as coal, metals, gemstones, chalk, rock salt, limestone, and potash, is rising owing to the rapid growth of the population and the accelerating economy, across the globe. Due to these influential factors, the mining industry is expected to grow further in the coming years owing to the augment in demand for minerals, metals, and other geomaterials, which also raises the jaw crusher market over the forecast period. On the other hand, the volatile raw material prices act as a restraint for the jaw crusher market. Furthermore, the jaw crusher machine has a relatively lower capacity than other crushers.
Additionally, The increasing demand for jaw crusher rental units is an opportunity for the global jaw crusher market.
Competitive Analysis
The key market players in the jaw crusher market include Terex Corporation (US), Sandvik AB (Sweden), Metso Corporation (Finland), HARTL CRUSHER (Austria), FLSmidth (Denmark), thyssenKrupp (Germany), IROCK CRUSHERS (US), and McLanahan (US).
Other players operating in the market are Komatsu Ltd. (Japan), Lippmann-Milwaukee, Inc. (the US), Westpro Machinery (Canada), The Weir Group PLC (UK), WIRTGEN GROUP (Germany), Astec Industries, Inc. (US), and Eagle Crusher Company, Inc. (US).
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Segmental Analysis
The global market for jaw crushers has been segmented on the basis of toggle, swing jaw pivoting position, and application.
On the basis of the swing jaw pivoting position, the global jaw crusher market has been segmented as dodge jaw crusher, Blake jaw crusher, and universal jaw crusher. The Blake jaw crusher segment is poised to witness high growth over the forecast period. Blake jaw crushers are primarily used for mining operations for lessening run-of-mine ore or coal to a size minor enough to be taken by the next crusher.
On the basis of toggle, the jaw crusher market has been bifurcated as single and double. The double toggle jaw crusher segment is poised to witness high growth during the forecast period.
On the basis of application, the global jaw crusher market is segmented as mining, construction, aggregate, industrial, demolition, and environmental. The construction segment is poised to witness moderate growth rate over the forecast period. The construction industry has seen remarkable growth across the globe, owing to an increase in real estate investments. Furthermore, factors such as growth in construction of commercial buildings, such as commercial complexes and offices, raise the growth of the construction segment as jaw crushers are widely used in construction for lessening the size of large rocks or gravel as per the construction requirements.
Regional Analysis
On the basis of region, the global market for jaw crushers has been segmented into Europe, Asia-Pacific, North America, and the Rest of the World (RoW). Asia-Pacific leads the global market, followed by North America, primarily owing to the growth in the construction industry, majorly in developing countries of China and India. The construction industry in Asia-Pacific is expanding due to the increase in the number of construction projects, which drive the Asia-Pacific jaw crusher market growth. Such crushers are also deployed in the region for crushing the concrete and other construction materials into recyclable materials through reprocessing. Furthermore, the mining industry is also growing with the rise in the global population and the improving economic dynamics, leading to the growth of the jaw crushers for mining applications.
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Table of Content:
Chapter 1: Jaw Crusher Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Jaw Crusher Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Jaw Crusher Market Effect Factors Analysis
Chapter 12: Global Jaw Crusher Market Forecast
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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