Middle East, Africa, and CIS Crushers Market Research Report Forecast to 2030
The Middle East, Africa, and CIS crushers market is experiencing remarkable growth owing to the increasing demand generation from end-use industries such as mining, construction, and others. Factors such as product level innovation, flexibility, and aftersales support services from the manufacturer’s end are one of the pivotal factors that drive the market growth to a significant extent. This report has segmented the Middle East, Africa, and CIS crushers market based on product type and application.
The MEA and CIS crusher market is expected to register high growth in the coming years. The demand for crushers is poised to be driven by the increasing demand for metals & commodities and the growth of the mining industry. However, the market's growth is anticipated to be interrupted by concerns related to environmental & human rights and fluctuating raw material prices. Furthermore, the high cost of equipment is expected to pose a challenge for the market players. However, the provision of rental & used equipment is expected to offer a lucrative growth opportunity for the players operating in the MEA and CIS crusher market.
Market SegmentationBased on product type, the Middle East, Africa, and CIS crushers market has been segmented into cone crushers, gyratory crushers, impact crushers, and jaw crushers. In 2021, the cone crushers segment drove the Middle East, Africa, and CIS crushers market by holding a substantial market share with a market value of USD 153.5 million. It is projected to register a 3.9% CAGR during the projected timeframe.
Based on an application, the Middle East, Africa, and CIS crushers market has been segmented into mining, aggregate, demolition, industrial, and construction. in 2021, the mining and construction segments led the market with a substantial market share. The target segments are projected to offer a total incremental opportunity of USD 119.6 Mn during the forecast period.
Based on region, the crushers market has been segmented across various regions such as the Middle East, Africa, and CIS. The Middle East and Africa regions are anticipated to offer a total incremental opportunity of USD 143.9 Million by the end of 2030.
Major PlayersMetso Corporation, Sandvik AB, Terex Corporation, Komatsu Mining Corp, FLSmidth, and ThyssenKrupp are some of the key players operating in the MEA and CIS markets.
Companies MentionedMetso Corporation
Sandvik AB
Terex Corporation
Komatsu Mining Corp
FLSmidth
and ThyssenKrupp
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