Asia Pacific Crusher Market Research Report Information by product type (cone crushers, gyratory crushers, impact crushers and jaw crushers), by capacity (1000 TPH, 1000 TPH to 1,500 TPH, 1,500 TPH to 2000 TPH and above 2000 TPH), by application (mining, aggregate, demolition, industrial and construction) and by country, – Industry Forecast Till 2032
In 2023, the Asia Pacific Crusher Market Size was estimated to be USD 1789.23 million. The Asia Pacific Crusher industry is anticipated to experience a compound annual growth rate (CAGR) of 8.6% from USD 1907.32 million in 2024 to USD 3690.31 million by 2032. The market is experiencing growth due to the increasing number of infrastructural development projects, including railway ballast, dams, airports, expressways, national highways, and construction, in both developed and developing countries. The demand for crushers in the mining industry is being driven by the increasing demand for metals and commodities. The market has also experienced growth as a result of the automation in the mining and construction sector, which reduces the cost of transportation and increases productivity through the use of crushers. The market for crushers is positively impacted by the increasing urbanization, which is bolstering the construction and infrastructure development projects industry.
Accelerated market growth is anticipated over the projected timeline due to the growing demand for crushers in a variety of sectors, including infrastructure, construction, and deconstruction. Crushers are a critical component of the demolition process, as they facilitate the reduction of large sections of material into smaller pieces that are more easily transportable and manageable. Additionally, they can be employed to recycle demolition materials, which is a sustainable method of disposing of demolition refuse. The demolition process employs a variety of crushers.
Market segment insightsThe crushers market has been segmented into four categories: cone crushers, gyratory crushers, impact crushers, and jaw crushers. This segmentation is based on the type of product.
The market is segmented into four categories: up to 1000 TPH, 1000 TPH to 1,500 TPH, 1,500 TPH to 2000 TPH, and above 2000 TPH, all of which are based on capacity.
The crushers market has been segmented into mining, aggregate, demolition, industrial, and construction based on its application.
Regional Segment Insights
The study offers market insights into the following countries: China, India, Japan, South Korea, Indonesia, Thailand, the Philippines, Australia, and the rest of the Asia-Pacific. In 2022, the China Crusher market held the largest market share at 31.2% and is anticipated to experience a substantial CAGR growth of 4.4% during the research period. The market is currently dominated by China, which is being driven by a variety of factors, such as the government's emphasis on infrastructure development, the growing demand for construction materials, and the expansion of the mining industry. Numerous substantial manufacturers dominate the Chinese crusher market. The enterprises are exporting their products to other countries and have a robust presence in the domestic market. Metso's Shaorui company has recently introduced new mobile aggregates equipment that is specifically designed for the Chinese market. It is the initial line of mobile crushing and screening equipment from the mobile crushing manufacturer, and it has been specifically designed for the mid-market segment that prioritizes quality and affordability.
Major PlayersTerex Corporation, Metso Corporation, Komatsu, Sandvik AB, ThyssenKrupp, Astec Industries, Wirtgen Group, FLSmidth & Co. A/S, The Weir Group, McLanahan, Westpro Machinery, and Nakayama Iron Works, Ltd. are among the key companies in the Asia Pacific Crusher market.