Growth of the mining industry. Such factors are expected to drive market expansion soon at a CAGR of 5.3% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the “Global Asia Pacific Crusher Market”.

The Asia Pacific Crusher market is estimated to register a CAGR of 5.3% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the Asia Pacific crusher market— Terex Corporation, Metso Corporation, Komatsu, Sandvik AB, ThyssenKrupp, Astec Industries, Wirtgen Group, FLSmidth & Co. A/S, The Weir Group, McLanahan, Westpro Machinery, Nakayama Iron Works, Ltd. among others.

Market Highlights

The Asia Pacific Crusher market is estimated to register a CAGR of 5.3% during the forecast period and is estimated to reach USD 4,691.6 Million by 2032.

The growing mining industry of the Asia Pacific region will accelerate the crushers market growth in the region. The China region is home to a large and growing population, which is driving demand for minerals used in a wide range of products, including construction materials, electronics, and transportation. The region is also home to some of the world's richest mineral reserves, including copper, iron ore, coal, and gold. The mining industry in the APAC market is focused on the production of a variety of commodities, including coal, iron ore, copper, gold, and nickel. These commodities are used in a wide range of products, including steel, electronics, and jewelry. The leading producers of minerals in the region include China, India, Japan, South Korea, Australia, Indonesia, Thailand, Rest of Asia Pacific. These countries account for a significant share of the Asia Pacific production of minerals. The mining industry in APAC market is expected to continue to grow in the coming years, driven by the region's growing economy and demand for minerals. Crushers are an essential part of the mining industry, as they help to reduce large pieces of material into smaller pieces that can be more easily handled and transported. They can also be used to recycle mining waste, which is a sustainable way to dispose of waste. Crushers can help to make the mining process more efficient, as they can reduce the amount of time and labour required to break down large pieces of material. This will further surge their adoption in the mining industry. Hence, will surge the market growth during the forecast period.

In line with this, several countries’ government has taken several initiatives to promote the mining industry in recent years. For instance, the Indian government started the- The Mines and Minerals (Development and Regulation) Amendment Act, 2021, India: The Mines and Minerals (Development and Regulation) Amendment Act, 2021, is a major reform of the mining sector. The act aims to simplify the licensing process, promote transparency, and improve the ease of doing business in the mining sector. In addition, Australian Government also started The National Mineral Exploration Strategy 2017-2022: The National Mineral Exploration Strategy is a government-led initiative to promote mineral exploration in Australia. The strategy aims to increase the level of mineral exploration in Australia and to identify new mineral deposits. Such factors will further help the growth in the mining industry over the projected timeline.

Access full report @ https://www.marketresearchfuture.com/reports/asia-pacific-crusher-market-21760

Segment Analysis

The Asia Pacific Crusher market has been segmented based on product type, application, and capacity.

Based on product type, the Asia Pacific crusher is segmented into cone crushers, gyratory crushers, impact crushers and jaw crushers. The cone crushers segment is the largest segment of the market accounting for 33.2% of the Asia Pacific market in 2022.

Based on capacity type, the Asia Pacific crusher is segmented into 1000 TPH, 1000 TPH to 1,500 TPH, 1,500 TPH to 2000 TPH and above 2000 TPH. 1000 TPH segment is the largest segment of the market accounting for 45.0% of the Asia Pacific market in 2022.

Based on application, the Asia Pacific crusher is segmented into mining, aggregate, demolition, industrial and construction. The mining segment held the largest market share 32.7% in 2022.

Regional Analysis

The Asia Pacific crusher market, based on region, has been divided into China, India, Japan, South Korea, Australia, Indonesia, Thailand, Rest of Asia Pacific.

In the Asia Pacific region, South Korea is emerged as a prominent region, the demand for crushers in South Korea was primarily driven by ongoing projects, urbanization, and a rising need for building materials. Such as some of Korea's biggest aggregate manufacturers have begun to invest in Sandvik crushing equipment in recent years. Premium aggregates producers in South Korea are increasingly investing in premium crushing and screening plants to gain a competitive advantage when supplying construction businesses involved in the country's spectacular long-term infrastructure development. Metso is one of the leading quarrying plant solution providers, with a large order book in South Korea. Additionally, the country's flourishing mining sector also contributed to the market's expansion. Key players in the industry were actively introducing advanced crusher technologies to enhance productivity, efficiency, and environmental sustainability. South Korean manufacturers were focusing on developing innovative crushing solutions to cater to diverse customer requirements. The market included domestic manufacturers and international companies exporting their products to South Korea. The market was competitive, with companies focusing on technological advancements and product innovation to gain a competitive edge.

Moreover, The Crusher market in Japan has been experiencing steady growth over the years, driven primarily by the country's construction and mining industries. Japan's advanced infrastructure development and constant renovation projects have spurred the demand for Crushers, which are essential machines for breaking down large rocks and materials into smaller, manageable sizes for construction purposes. Additionally, the Japanese government's Subsidize up to half the cost of key mineral mine development and smelting projects undertaken by Japanese firms. This will be provided through a fund established by the Japan Organisation for Metals and Energy Security, with 105.8 billion yen ($788 million) already budgeted for related outlays. Japan is known for its technologically advanced manufacturing capabilities, and Crusher manufacturers in the country have been striving to innovate and improve their products to meet the evolving needs of customers. Environmental considerations have also led to the development of more energy-efficient and eco-friendly Crushers. Moreover, with a growing awareness of sustainable practices, there is an increasing focus on recycling and waste management, leading to the use of crushers in the recycling industry to process various materials.

Furthermore, Indonesia's abundant natural resources and ongoing projects were the primary drivers of the market growth. Crushers are essential equipment used for crushing various materials such as stones, ores, minerals, and aggregates, making them indispensable for the country's development. The government's focus on infrastructure development, including roads, bridges, and buildings, fueled the demand for crushed materials, thus boosting the crusher market. Additionally, the mining sector's expansion, particularly in coal, nickel, and gold, also contributed to the increased demand for crushers. For example, the region is working on turning nickel into EV batteries which boosts its mining industry to the next level. Indonesia remains a major player in the global mining industry, producing substantial amounts of coal, copper, gold, tin, bauxite, and nickel. Indonesia is also one of the world's largest thermal coal exporters. Several international and domestic players were active in the Indonesian crusher market, providing a wide range of products and services to cater to the growing needs of the industry. Local manufacturers were gaining prominence due to their cost-effective solutions and after-sales support.

Additionally, The crusher market in Thailand exhibited substantial growth due to the country's increasing development and the construction industry's expansion. Despite the political unrest of recent years, the Thai construction industry appears to be thriving. Indeed, the strength of infrastructure and building investment linked with the flourishing tourism business has given one quarry owner the confidence to invest THB 250 million (US$ 8 million) in the establishment of a new 1 million tons per year granite quarry and the crushing equipment industry is a major beneficiary of this expenditure. Moreover, Thailand's robust mining and quarrying activities have further fueled the demand for crushers in the country. Mining companies sought advanced machinery to extract and process minerals efficiently, creating a favorable environment for crusher manufacturers and suppliers. The market saw the introduction of technologically advanced crushers that offered higher productivity, reduced operational costs, and minimized environmental impact. Additionally, the government's initiatives to promote sustainable development and environmentally friendly construction practices encouraged the adoption of eco-friendly crusher technologies.

Key Findings of the Study

• The Asia Pacific crusher market is expected to reach USD 4,691.6 Million by 2032, at a CAGR of 5.3% during the forecast period.


• Based on product type, cone crusher segment attributed to holding the largest market in 2022.


• Terex Corporation, Metso Corporation, Komatsu, Sandvik AB, ThyssenKrupp, Astec Industries, Wirtgen Group, FLSmidth & Co. A/S, The Weir Group, McLanahan, Westpro Machinery, Nakayama Iron Works, Ltd. are key market player.


• Based on application, the mining segment is dominating the market with a share of 32.0% in the year 2022.