Pune, India, August 2019, MRFR Press Release/- Market Research Future has Published a Half-Cooked Research Report on the Global Jaw Crusher Market.
A jaw crusher is an equipment that is designed for crushing stones or rocks into smaller pieces. The global jaw crusher market is expected to witness sustainable growth during the forecast period owing to the growth in construction industry and an increase in mining operations. The developing nations are introducing various reforms and regulations for boosting the industrial infrastructure and real estate. Such reforms are expected to drive the global jaw crusher market. Moreover, such crushers are used in various industries, such as food & beverage, electronics, and construction to reduce the size of bulky waste for effective recycling. However, the market growth is hindered by the fluctuating prices of raw materials, such as iron and steel. The growing demand for rental units is an opportunity for the global jaw crusher market.
Asia-Pacific is expected to witness moderate growth in the jaw crusher market during the forecast period: MRFR
On the basis of region, the global jaw crusher market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific dominated the global market, followed by North America, primarily due to the growth in construction industry, mainly in China and India. The construction industry in Asia-Pacific is growing due to the growth in the number of construction projects, which fuel the Asia-Pacific jaw crusher market growth. Such crushers are also used in the region for crushing the concrete and other construction materials into reusable materials through recycling. Moreover, the mining industry is also growing with the rise in the global population and the accelerating economy, leading to the growth of the jaw crushers for mining applications.
The global jaw crusher market is expected to witness ~6.2% CAGR during the forecast period and is expected to be valued at ~USD 1,748 million by the end of the forecast period.
Blake Jaw crusher segment, to occupy a large share of the global jaw crusher market
On the basis of swing jaw pivoting position, the market has been segmented as Blake jaw crusher, dodge jaw crusher, and universal jaw crusher. The Blake jaw crusher segment is expected to witness high growth during the forecast period. Blake jaw crushers are mainly used for mining operation for reducing run-of-mine ore or coal to a size small enough to be taken by the next crusher.
Double toggle jaw crusher segment, to occupy a large share of the global jaw crusher market
On the basis of toggle, the market has been segmented as single and double. The double toggle jaw crusher segment is expected to witness high growth during the forecast period.
The construction segment to occupy the largest share in the global jaw crusher market.
On the basis of application, the jaw crusher market is segmented as construction, mining, aggregate, demolition, industrial, and environmental. The construction segment is expected to witness moderate growth rate during the forecast period. The construction industry has witnessed significant growth across the globe, owing to an increase in real estate investments. Furthermore, factors such as a rise in construction of commercial buildings, such as commercial complexes and offices raise the growt of the construction segment as jaw crushers are extensively used in construction for reducing the size of large rocks or gravel as per the construction requirements.
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Global Jaw Crusher Market, 2018–2025 (USD Million)
Source: MRFR Analysis
Scope of the Report
This study provides an overview of the global jaw crusher market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific and the Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global jaw crusher market by swing jaw pivoting position, toggle, and application, and region.
The prominent players in the global jaw crusher market are Terex Corporation (US), thyssenKrupp (Germany), FLSmidth (Denmark), Metso Corporation (Finland), HARTL CRUSHER (Austria), McLanahan (US), IROCK CRUSHERS (US), and Sandvik AB (Sweden).
Westpro Machinery (Canada), The Weir Group PLC (UK), Astec Industries, Inc. (US), Eagle Crusher Company, Inc. (US), Lippmann-Milwaukee, Inc. (US), WIRTGEN GROUP (Germany), and Komatsu Ltd. (Japan) are some of the other key players operating in the global jaw crusher market.