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Report
Middle East, Africa and CIS Crushers Market Research Report Forecast to 2030
Market Report I 2023-07-19 I 116 Pages I Market Research Future
Middle East, Africa, and CIS Crushers Market Research Report Forecast to 2030
Market Overview
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 Segmentation
Based 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 Players
Metso Corporation, Sandvik AB, Terex Corporation, Komatsu Mining Corp, FLSmidth, and ThyssenKrupp are some of the key players operating in the MEA and CIS markets.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 12
1.1 MARKET ATTRACTIVENESS ANALYSIS 15
1.1.1 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY PRODUCT TYPE 15
1.1.2 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY APPLICATION 16
2 MARKET INTRODUCTION 17
2.1 DEFINITION 17
2.2 SCOPE OF THE STUDY 17
2.3 MARKET STRUCTURE 17
3 RESEARCH METHODOLOGY 18
3.1 RESEARCH PROCESS 18
3.2 PRIMARY RESEARCH 19
3.3 SECONDARY RESEARCH 20
3.4 MARKET SIZE ESTIMATION 21
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 21
3.6 FORECAST MODEL 22
3.7 LIST OF ASSUMPTIONS 23
4 MARKET DYNAMICS 24
4.1 INTRODUCTION 24
4.2 DRIVERS 25
4.2.1 GROWTH OF THE MINING INDUSTRY 25
4.2.2 INCREASING DEMAND FOR METALS & COMMODITIES 25
4.2.3 DRIVER IMPACT ANALYSIS 26
4.3 RESTRAINT 26
4.3.1 INCREASING ENVIRONMENTAL CONCERNS 26
4.3.2 RESTRAINT IMPACT ANALYSIS 27
4.4 OPPORTUNITY 27
4.4.1 GROWING DEMAND FOR RENTAL AND USED CRUSHERS 27
4.5 CHALLENGE 28
4.5.1 HIGH MAINTENANCE COSTS 28
4.6 COVID-19 IMPACT ON THE MINING INDUSTRY 28
4.6.1 ECONOMIC IMPACT 28
4.6.2 IMPACT ON THE MEA AND CIS CRUSHER MARKET 28
4.6.2.1 IMPACT ON SUPPLY CHAIN OF THE MEA AND CIS CRUSHER MARKET 28
4.6.2.1.1 PRICE VARIATION OF KEY RAW MATERIAL 28
4.6.2.1.2 CASH FLOW CONSTRAINTS 29
4.6.2.2 IMPACT ON IMPORT/EXPORT 29
4.6.2.3 IMPACT DUE TO RESTRICTION/LOCKDOWNS 29
4.6.3 IMPACT ON PRICING 29
5 MARKET FACTOR ANALYSIS 30
5.1 SUPPLY CHAIN ANALYSIS 30
5.1.1 RAW MATERIAL SUPPLY 31
5.1.2 PRODUCT MANUFACTURE 31
5.1.3 END USE 31
5.1.4 AFTER-SALES SERVICES 31
5.2 PORTER'S FIVE FORCES MODEL 32
5.2.1 THREAT OF NEW ENTRANTS 33
5.2.2 BARGAINING POWER OF SUPPLIERS 33
5.2.3 THREAT OF SUBSTITUTES 33
5.2.4 BARGAINING POWER OF BUYERS 33
5.2.5 INTENSITY OF RIVALRY 33
6 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY PRODUCT TYPE 34
6.1 OVERVIEW 34
6.2 CONE CRUSHERS 35
6.3 GYRATORY CRUSHERS 35
6.4 IMPACT CRUSHERS 36
6.5 JAW CRUSHERS 36
7 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY APPLICATION 37
7.1 OVERVIEW 37
7.2 MINING 38
7.3 AGGREGATE 38
7.4 DEMOLITION 38
7.5 INDUSTRIAL 39
7.6 CONSTRUCTION 39
8 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY REGION 40
8.1 OVERVIEW 40
8.1.1 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY REGION, 2018-2030 41
8.2 MIDDLE EAST 42
8.2.1 MIDDLE EAST: CRUSHERS MARKET, BY COUNTRY, 2018-2030 43
8.2.2 SAUDI ARABIA 44
8.2.3 UAE 45
8.2.4 TURKEY 46
8.2.5 QATAR 47
8.2.6 IRAN 48
8.2.7 REST OF MIDDLE EAST 49
8.3 AFRICA 50
8.3.1 AFRICA: CRUSHERS MARKET, BY COUNTRY, 2018-2030 51
8.3.2 ALGERIA 52
8.3.3 EGYPT 53
8.3.4 MOROCCO 54
8.3.5 NIGERIA 55
8.3.6 SOUTH AFRICA 56
8.3.7 REST OF AFRICA 57
8.4 CIS 58
8.4.1 CIS: CRUSHERS MARKET, BY COUNTRY, 2018-2030 59
8.4.2 RUSSIA 61
8.4.3 UZBEKISTAN 62
8.4.4 KAZAKHSTAN 63
8.4.5 BELARUS 64
8.4.6 REST OF CIS 65
9 COMPETITIVE LANDSCAPE 66
9.1 INTRODUCTION 66
9.2 COMPETITIVE BENCHMARKING 67
9.3 MARKET SHARE ANALYSIS 68
9.4 KEY DEVELOPMENTS AND GROWTH STRATEGIES 68
9.4.1 ACQUISITIONS 68
9.4.2 PRODUCT LAUNCH/ PRODUCT DEVELOPMENT 69
10 COMPANY PROFILES 71
10.1 METSO OUTOTEC 71
10.1.1 COMPANY OVERVIEW 71
10.1.2 FINANCIAL OVERVIEW 72
10.1.3 PRODUCTS OFFERED 73
10.1.4 KEY DEVELOPMENTS 75
10.1.5 SWOT ANALYSIS 76
10.1.6 KEY STRATEGIES 77
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10.2 SANDVIK AB 78
10.2.1 COMPANY OVERVIEW 78
10.2.2 FINANCIAL OVERVIEW 79
10.2.3 PRODUCTS OFFERED 80
10.2.4 KEY DEVELOPMENTS 81
10.2.5 SWOT ANALYSIS 83
10.2.6 KEY STRATEGIES 83
10.3 TEREX CORPORATION 84
10.3.1 COMPANY OVERVIEW 84
10.3.2 FINANCIAL OVERVIEW 85
10.3.3 PRODUCTS OFFERED 86
10.3.4 KEY DEVELOPMENTS 88
10.3.5 SWOT ANALYSIS 89
10.3.6 KEY STRATEGIES 89
10.4 THYSSENKRUPP AG 90
10.4.1 COMPANY OVERVIEW 90
10.4.2 FINANCIAL OVERVIEW 91
10.4.3 PRODUCTS OFFERED 91
10.4.4 KEY DEVELOPMENTS 92
10.4.5 SWOT ANALYSIS 93
10.4.6 KEY STRATEGIES 93
10.5 FLSMIDTH 94
10.5.1 COMPANY OVERVIEW 94
10.5.2 FINANCIAL OVERVIEW 95
10.5.3 PRODUCTS OFFERED 95
10.5.4 KEY DEVELOPMENTS 96
10.5.5 SWOT ANALYSIS 97
10.5.6 KEY STRATEGIES 97
10.6 KOMATSU MINING CORP. 98
10.6.1 COMPANY OVERVIEW 98
10.6.2 FINANCIAL OVERVIEW 99
10.6.3 PRODUCTS OFFERED 99
10.6.4 KEY DEVELOPMENTS 100
10.6.5 SWOT ANALYSIS 101
10.6.6 KEY STRATEGIES 101
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10.7 THE WEIR GROUP PLC 102
10.7.1 COMPANY OVERVIEW 102
10.7.2 FINANCIAL OVERVIEW 103
10.7.3 PRODUCTS OFFERED 103
10.7.4 KEY DEVELOPMENTS 105
10.7.5 SWOT ANALYSIS 105
10.7.6 KEY STRATEGIES 105
10.8 ASTEC INDUSTRIES, INC 106
10.8.1 COMPANY OVERVIEW 106
10.8.2 FINANCIAL OVERVIEW 107
10.8.3 PRODUCTS OFFERED 107
10.8.4 KEY DEVELOPMENTS 109
10.8.5 SWOT ANALYSIS 109
10.8.6 KEY STRATEGIES 109
10.9 EAGLE CRUSHER COMPANY, INC. 110
10.9.1 COMPANY OVERVIEW 110
10.9.2 FINANCIAL OVERVIEW 110
10.9.3 PRODUCTS OFFERED 110
10.9.4 KEY DEVELOPMENTS 110
10.9.5 SWOT ANALYSIS 111
10.9.6 KEY STRATEGIES 111
10.10 WESTPRO MACHINERY 112
10.10.1 COMPANY OVERVIEW 112
10.10.2 FINANCIAL OVERVIEW 112
10.10.3 PRODUCTS OFFERED 112
10.10.4 KEY DEVELOPMENTS 113
10.10.5 KEY STRATEGIES 113
10.11 MCLANAHAN 114
10.11.1 COMPANY OVERVIEW 114
10.11.2 FINANCIAL OVERVIEW 114
10.11.3 PRODUCTS OFFERED 114
10.11.4 KEY DEVELOPMENTS 115
10.11.5 KEY STRATEGIES 115
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LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 23
TABLE 2 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY PRODUCT TYPE 2018-2030 (USD MILLION) 36
TABLE 3 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 39
TABLE 4 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY REGION, 2018-2030 (USD MILLION) 41
TABLE 5 MIDDLE EAST: CRUSHERS MARKET, BY COUNTRY, 2018-2030 (USD MILLION) 43
TABLE 6 MIDDLE EAST CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 43
TABLE 7 MIDDLE EAST CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 44
TABLE 8 SAUDI ARABIA CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 44
TABLE 9 SAUDI ARABIA CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 44
TABLE 10 UAE CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 45
TABLE 11 UAE CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 45
TABLE 12 TURKEY CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 46
TABLE 13 TURKEY CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 46
TABLE 14 QATAR CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 47
TABLE 15 QATAR CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 47
TABLE 16 IRAN CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 48
TABLE 17 IRAN CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 48
TABLE 18 REST OF MIDDLE EAST CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 49
TABLE 19 REST OF MIDDLE EAST CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 49
TABLE 20 AFRICA: CRUSHERS MARKET, BY COUNTRY, 2018-2030 (USD MILLION) 51
TABLE 21 AFRICA CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 51
TABLE 22 AFRICA CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 52
TABLE 23 ALGERIA CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 52
TABLE 24 ALGERIA CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 52
TABLE 25 EGYPT CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 53
TABLE 26 EGYPT CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 53
TABLE 27 MOROCCO CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 54
TABLE 28 MOROCCO CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 54
TABLE 29 NIGERIA CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 55
TABLE 30 NIGERIA CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 55
TABLE 31 SOUTH AFRICA CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 56
TABLE 32 SOUTH AFRICA CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 56
TABLE 33 REST OF AFRICA CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 57
TABLE 34 REST OF AFRICA CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 57
TABLE 35 CIS: CRUSHERS MARKET, BY COUNTRY, 2018-2030 (USD MILLION) 59
TABLE 36 CIS CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 60
TABLE 37 CIS CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 60
TABLE 38 RUSSIA CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 61
TABLE 39 RUSSIA CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 61
TABLE 40 UZBEKISTAN CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 62
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TABLE 41 UZBEKISTAN CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 62
TABLE 42 KAZAKHSTAN CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 63
TABLE 43 KAZAKHSTAN CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 63
TABLE 44 BELARUS CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 64
TABLE 45 BELARUS CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 64
TABLE 46 REST OF CIS CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 65
TABLE 47 REST OF CIS CRUSHERS MARKET, BY APPLICATION 2018-2030 (USD MILLION) 65
TABLE 48 ACQUISITIONS 68
TABLE 49 PRODUCT LAUNCH/ PRODUCT DEVELOPMENT 69
TABLE 50 METSO OUTOTEC: PRODUCTS OFFERED 73
TABLE 51 METSO OUTOTEC: KEY DEVELOPMENTS 75
TABLE 52 SANDVIK AB: PRODUCTS OFFERED 80
TABLE 53 SANDVIK AB: KEY DEVELOPMENTS 81
TABLE 54 TEREX CORPORATION: PRODUCTS OFFERED 86
TABLE 55 TEREX CORPORATION: KEY DEVELOPMENTS 88
TABLE 56 THYSSENKRUPP AG: PRODUCTS OFFERED 91
TABLE 57 THYSSENKRUPP AG: KEY DEVELOPMENTS 92
TABLE 58 FLSMIDTH: PRODUCTS OFFERED 95
TABLE 59 FLSMIDTH: KEY DEVELOPMENTS 96
TABLE 60 KOMATSU MINING CORP.: PRODUCTS OFFERED 99
TABLE 61 KOMATSU MINING CORP.: KEY DEVELOPMENTS 100
TABLE 62 THE WEIR GROUP PLC: PRODUCTS OFFERED 103
TABLE 63 THE WEIR GROUP PLC: KEY DEVELOPMENTS 105
TABLE 64 ASTEC INDUSTRIES, INC: PRODUCTS OFFERED 107
TABLE 65 ASTEC INDUSTRIES, INC: KEY DEVELOPMENTS 109
TABLE 66 EAGLE CRUSHER COMPANY, INC.: PRODUCTS OFFERED 110
TABLE 67 EAGLE CRUSHER COMPANY, INC.: KEY DEVELOPMENTS 110
TABLE 68 WESTPRO MACHINERY: PRODUCTS OFFERED 112
TABLE 69 WESTPRO MACHINERY: KEY DEVELOPMENTS 113
TABLE 70 MCLANAHAN: PRODUCTS OFFERED 114
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LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 14
FIGURE 2 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET ANALYSIS, BY PRODUCT TYPE 15
FIGURE 3 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET ANALYSIS, BY APPLICATION 16
FIGURE 4 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET: MARKET STRUCTURE 17
FIGURE 5 RESEARCH PROCESS OF MRFR 18
FIGURE 6 MARKET DYNAMICS: MEA AND CIS CRUSHER MARKET 24
FIGURE 7 DRIVER IMPACT ANALYSIS: MEA AND CIS CRUSHER MARKET 26
FIGURE 8 RESTRAINT IMPACT ANALYSIS: MEA AND CIS CRUSHER MARKET 27
FIGURE 9 SUPPLY CHAIN: MEA AND CIS CRUSHER MARKET 30
FIGURE 10 PORTER'S FIVE FORCES ANALYSIS OF THE MEA AND CIS CRUSHER MARKET 32
FIGURE 11 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY PRODUCT TYPE, 2021 (% SHARE) 34
FIGURE 12 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 35
FIGURE 13 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY APPLICATION, 2021 (% SHARE) 37
FIGURE 14 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 38
FIGURE 15 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY REGION, 2021 (% SHARE) 40
FIGURE 16 MIDDLE EAST, AFRICA AND CIS CRUSHERS MARKET, BY REGION, 2018-2027 41
FIGURE 17 MIDDLE EAST: CRUSHERS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 42
FIGURE 18 AFRICA: CRUSHERS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 50
FIGURE 19 CIS: CRUSHERS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 59
FIGURE 20 BENCHMARKING OF MAJOR COMPETITORS 67
FIGURE 21 MARKET SHARE ANALYSIS, 2021 68
FIGURE 22 METSO OUTOTEC: FINANCIAL OVERVIEW SNAPSHOT 72
FIGURE 23 METSO CORPORATION: SWOT ANALYSIS 76
FIGURE 24 SANDVIK AB: FINANCIAL OVERVIEW SNAPSHOT 79
FIGURE 26 TEREX CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 85
FIGURE 28 THYSSENKRUPP AG: FINANCIAL OVERVIEW 91
FIGURE 29 THYSSENKRUPP AG: SWOT ANALYSIS 93
FIGURE 30 FLSMIDTH: FINANCIAL OVERVIEW 95
FIGURE 31 FLSMIDTH: SWOT ANALYSIS 97
FIGURE 32 KOMATSU MINING CORP.: FINANCIAL OVERVIEW SNAPSHOT 99
FIGURE 33 KOMATSU MINING CORP: SWOT ANALYSIS 101
FIGURE 34 THE WEIR GROUP PLC: FINANCIAL OVERVIEW SNAPSHOT 103
FIGURE 35 THE WEIR GROUP PLC: SWOT ANALYSIS 105
FIGURE 36 ASTEC INDUSTRIES, INC: FINANCIAL OVERVIEW SNAPSHOT 107
FIGURE 37 ASTEC INDUSTRIES, INC: SWOT ANALYSIS 109
FIGURE 38 EAGLE CRUSHER COMPANY, INC.: SWOT ANALYSIS 111
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