Product Code: ETC288864 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India crushers market import shipments demonstrated a robust growth trend from 2020 to 2024, with a notable CAGR of 28.7%. The market accelerated further between 2023 and 2024, achieving a growth rate of 35.3%. The market clearly expanded significantly, showcasing strong momentum and a positive overall trend during this period.
The India crushers market is poised for significant growth, driven by various factors. One of the primary drivers is the rapid urbanization and the expanding construction industry in the country. Crushers play a crucial role in processing and recycling construction and demolition waste, contributing to sustainable construction practices. Additionally, the government`s initiatives to promote affordable housing and infrastructure development further fuel the demand for crushers in the construction sector. Moreover, the rising demand for aggregates in the manufacturing and infrastructure sectors further drives the adoption of crushers. As India construction and manufacturing sectors continue to grow, the demand for crushers for efficient material processing is expected to witness substantial growth.
The India crushers market is experiencing steady growth due to the expanding construction and mining industries. The market is driven by factors such as the government`s focus on infrastructure development, the demand for aggregates in construction projects, and the growth of the mining sector. Additionally, the adoption of advanced crushers for better productivity and reduced operational costs is further propelling market growth.
The crushers market faces challenges related to environmental concerns and regulations surrounding quarrying activities. The extraction of natural resources for stone crushing can lead to ecological imbalances and environmental degradation. Sustainable quarrying practices and compliance with environmental regulations are essential for the sustainable growth of the crushers market in India.
The crushers market in India has witnessed significant growth, driven by the construction and mining industries` demand for crushed stones and aggregates. Crushers are essential equipment used in quarrying, mining, and construction activities to break down large rocks into smaller sizes. The market faced challenges during the pandemic due to project delays and reduced demand. However, as construction activities pick up and infrastructure projects resume, the crushers market is expected to recover.
The India crushers market is highly competitive, with various players offering a wide range of crushers and crushing equipment for different industries, including mining, construction, and recycling. Major international players like Metso Outotec Corporation, Sandvik AB, and thyssenkrupp AG dominate the market with their technologically advanced and efficient crushers. These companies have a strong global presence and offer a diverse portfolio of crushing solutions. Additionally, domestic manufacturers like Propel Industries Private Limited and Marsman India Limited also contribute to the market, providing localized crusher solutions and after-sales support. Key players in the crushers market are focusing on product innovation, enhancing crushing efficiency, and providing tailored solutions to meet the specific requirements of their customers in different industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Crushers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Crushers Market Revenues & Volume, 2021 & 2031F |
3.3 India Crushers Market - Industry Life Cycle |
3.4 India Crushers Market - Porter's Five Forces |
3.5 India Crushers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Crushers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Crushers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in India leading to a higher demand for crushers. |
4.2.2 Growth in the mining industry in India driving the need for crushers for ore processing. |
4.2.3 Government initiatives promoting the construction and mining sectors, boosting the demand for crushers. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production costs of crushers. |
4.3.2 Stringent environmental regulations affecting the operations of crushers in India. |
4.3.3 Intense competition among crusher manufacturers leading to pricing pressures and margin challenges. |
5 India Crushers Market Trends |
6 India Crushers Market, By Types |
6.1 India Crushers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Crushers Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Crushers Market Revenues & Volume, By Cone Crushers, 2021-2031F |
6.1.4 India Crushers Market Revenues & Volume, By High Pressure Grinding Rolls, 2021-2031F |
6.1.5 India Crushers Market Revenues & Volume, By Impact Crushers, 2021-2031F |
6.1.6 India Crushers Market Revenues & Volume, By Jaw Crushers, 2021-2031F |
6.2 India Crushers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Crushers Market Revenues & Volume, By Metallic, 2021-2031F |
6.2.3 India Crushers Market Revenues & Volume, By Non-metallic, 2021-2031F |
7 India Crushers Market Import-Export Trade Statistics |
7.1 India Crushers Market Export to Major Countries |
7.2 India Crushers Market Imports from Major Countries |
8 India Crushers Market Key Performance Indicators |
8.1 Average utilization rate of crushers in India. |
8.2 Percentage of crushers equipped with advanced technologies. |
8.3 Rate of adoption of sustainable practices in crusher manufacturing. |
8.4 Number of new crusher models launched with innovative features. |
9 India Crushers Market - Opportunity Assessment |
9.1 India Crushers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Crushers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Crushers Market - Competitive Landscape |
10.1 India Crushers Market Revenue Share, By Companies, 2024 |
10.2 India Crushers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |