Africa Crushers Market Research Report Forecast to 2027
Market Overview
A crusher is a machine designed to break large rocks into smaller rocks, gravel, sand, or cuttings. These are usually low-speed machines designed to break up large pieces of ore and stones, even sizes over a meter and a half in diameter. Shredders can be used to reduce the size or change the form of waste material for easier handling or recycling or to reduce the size of a solid mixture of raw materials (such as rock ores) so that the fragments can be used for construction or industrial purposes, or to extract valuable minerals trapped in the ore matrix. A crushing device sandwiches a material between two parallel or tangent solid surfaces and applies enough force to bind the surfaces together to generate enough energy in the material being crushed to separate its molecules from (fracture) or change the arrangement relative to (deformation), each other. The African crusher market has been growing moderately over the past few years. The demand for crushers is expected to be driven by growth in the construction industry and increasing mining operations. The demand for minerals and other geological materials such as metals, coal, gemstones, chalk, limestone, rock salt, and potash are rising due to rapid global population growth and accelerated economic development. Owing to these factors, the mining industry is expected to grow further, boosting the crusher market growth during the forecast period. In addition, the government is introducing various reforms and regulations to promote the development of its infrastructure and real estate industries, thereby driving the growth of the construction industry and the crusher market. However, the growth of the market may be hindered by fluctuations in raw material prices. Growing demand for rental equipment presents opportunities for the global crusher market.
The Africa crushers market was valued at USD 171.16 million in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2021 to 2027.
Market Segmentation
The Africa crushers market has been segmented on the basis of product type, application, and region. Based on product type, the market is segmented into cone crushers, high-pressure grinding rolls, impact crushers, jaw crushers, and others. By application, the market is segmented into mining, aggregate, demolition, industrial, construction, and environmental. Based on region, the Africa crushers market is segmented into Southern Africa, Northern Africa, and the Rest of Africa.
Major Players
The key players operating in the Africa crushers market are Metso Corporation, Sandvik AB, Terex Corp, Thyssenkrupp, FLSmidth & Co. A/S, Lippmann-Milwaukee, Inc., Komatsu Mining Corp., Wirtgen Group, and The Weir Group PLC.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Companies Mentioned
Metso Corporation
Sandvik AB
Terex Corp
Thyssenkrupp
FLSmidth & Co. A/S
Lippmann-Milwaukee Inc.
Komatsu Mining Corp.
Wirtgen Group
and The Weir Group PLC.
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