Global Crusher Market Overview

Crusher Market Size was valued at USD 2.805 Billion in 2023. The Crusher industry is projected to grow from USD 2.963 Billion in 2024 to USD 4.581 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.10% during the forecast period (2024 – 2032). Increased demand for minerals and commodities and growing activities of mining and construction in developing countries are the key market drivers enhancing growth of the market.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Crusher Market Trends

• Growing mining and infrastructure industries are driving the market growth

Market CAGR for crushers is being driven by the rising mining and infrastructure industries. The rising activities of infrastructural development projects like railway ballast, dams, airports, expressways, and national highways and construction in developing and developed countries ly are boosting the growth of the market. There is a rising demand for metals and commodities and thus driving the demand for crushers in the mining industry. There is a significant growth in the number of mining industries ly.

The automation in the mining and construction section has also boosted the growth of the market as the use of the crushers minimizes the cost of transportation and thus boosts productivity. The rising urbanization is boosting the industry of construction and infrastructure development projects and has a positive effect on the market for mobile crushers. The large-scale foreign investments in infrastructure development in different regions of the Asia Pacific region have fueled the demand for crusher systems. The government of different countries in this region is increasingly investing in several construction projects. The utilization of portable crushing plants significantly minimizes the time and expenses of carrying stones or mineral ore to fixed mobile crushing plants. The road and railway section has increased mining activities and demand for aggregates processing equipment.

The jaw crushers have wide applications in the mining section; it has the capability to crush harder and more abrasive materials like copper and granite with high efficiency. Thus the demand for jaw crushers is expected to grow due to the rise in the projects of mining to meet the demand for coal, minerals, etc. Further mobile crushers are growing rapidly because of the rising cost of operations, along with the lack of skilled labor and increasing requirements for machines with advanced technology that can offer more efficient ways of processing materials. The mobile crushers can be simply calibrated for accurate output sizes suitable for different applications. These crushers are low on fuel consumption and provide improved safety for the workers because of their ergonomic design. Thus, driving the Crusher market revenue.

However, the infrastructural problems faced by the crusher industry, like power shortages, rail and airport links, and improper roads, hampers the growth of the market in developing countries. Additionally, most of the equipment utilized currently functions on diesel and releases high carbon emissions, and thus, the strict carbon regulations pose a major challenge to the growth.

Crusher Market Segment Insights

Crusher Type Insights

The  Crusher market segmentation, based on type, includes Jaw Crusher, Gyratory Crushers, Cone Crusher, and Others. The jaw crusher segment dominates the market, accounting for the largest market revenue due to the rising mining projects to meet the demand for coal, minerals, etc. The jaw crushers are used in substantial crushing applications, mainly utilized for mining and construction and also in waste management and recycling process. Material like copper and granite in mining areas is harder and more abrasive, which cannot be broken down manually. Thus, jaw crushers are used for such materials for high efficiency.