Cone Crusher Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Symons, Hydraulics, Gyratory), By Offering (Mobile Crusher, Portable Crusher, Stationary Crusher), By Power Source (Electric Connection, Diesel Connection, Dual Connection), By Sales Type (New Equipment Sales, Aftermarket Sales), By End-user Application (Mining and Metallurgy, Aggregate Processing, Construction, Demolition), By Region, and By Competition 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 3.24 Billion
CAGR (2026-2031)	5.67%
Fastest Growing Segment	Hydraulics
Largest Market	Asia Pacific
Market Size (2031)	USD 4.51 Billion

Market Overview

The Global Cone Crusher Market will grow from USD 3.24 Billion in 2025 to USD 4.51 Billion by 2031 at a 5.67% CAGR. Cone crushers are compression machines utilized in the mining and aggregate industries to reduce rock size by squeezing material between a rotating mantle and a stationary liner. The primary drivers supporting market growth include the escalating demand for crushed stone in infrastructure development and the intensified requirement for metallic minerals due to global urbanization. This robust need for raw material processing is substantiated by recent industrial output; according to the World Steel Association, in 2024, total world crude steel production reached 1,882.6 million tonnes, underscoring the persistent necessity for heavy-duty iron ore processing equipment.

However, a significant challenge impeding market expansion is the high operational and maintenance cost associated with these machines. The intense pressure and friction required to crush hard abrasive materials cause rapid wear on critical components, necessitating frequent, costly replacements and resulting in operational downtime. This financial burden can deter investment from cost-sensitive operators, presenting a substantial barrier to the widespread adoption of capital-intensive crushing machinery in emerging markets.

Key Market Drivers

The expansion of mining activities and mineral exploration serves as a primary catalyst for the cone crusher market, driven by the intensifying need for critical minerals like copper and lithium. Cone crushers are integral to the comminution process, effectively reducing hard ore in secondary and tertiary stages to liberate valuable minerals for further processing. This demand is evidenced by rising capital allocations toward extraction operations; according to the International Energy Agency, May 2024, in the 'Global Critical Minerals Outlook 2024', investment in critical minerals mining increased by 10% in 2023, necessitating robust crushing fleets. The deployment of these machines ensures that mining operators can maintain high throughput rates essential for meeting the supply requirements of the energy transition.

Increasing government investments in global infrastructure projects significantly propel the adoption of cone crushers, as these initiatives require vast quantities of varied construction aggregates. Mega-projects involving highways, bridges, and urban development rely on these crushers to produce cubical, high-quality stone aggregates that meet strict engineering standards. For instance, according to the Ministry of Finance, Government of India, February 2024, in the 'Interim Budget 2024-2025', the capital expenditure outlay for infrastructure development was raised by 11.1% to ₹11,11,111 crore, directly signaling a surge in material requirements. To satisfy such extensive construction needs, aggregate producers are scaling up operations; according to the U.S. Geological Survey, in 2024, the production of crushed stone in the United States was estimated at 1.5 billion tons in 2023, underscoring the vital role of heavy crushing equipment in the supply chain.

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Key Market Challenges

High operational and maintenance expenses constitute a significant impediment to the expansion of the global cone crusher market. These machines function by applying immense compression forces to break down abrasive materials, a process that inherently induces rapid wear on critical components such as mantles and concave liners. Consequently, operators face a recurring need for component replacement, which incurs direct equipment costs and mandates frequent production stoppages. This downtime halts revenue generation, making the total cost of ownership considerably higher than the initial purchase price suggests.

The financial strain is particularly acute given the sheer volume of material that requires processing in the mining and aggregates sectors. According to the U.S. Geological Survey, in 2024, the total production of crushed stone in the United States was 1.5 billion tons. Handling such extensive quantities amplifies the frequency of maintenance intervals, thereby compressing profit margins for mining and aggregate companies. For smaller enterprises or projects in price-sensitive regions, these cumulative operating costs can render the adoption of capital-intensive cone crushing technology financially unfeasible, effectively limiting market penetration in cost-conscious economies.

Key Market Trends

The adoption of Hybrid and Electric-Powered Drive Systems represents a significant trend as operators increasingly prioritize decarbonization and operational efficiency over traditional diesel-only configurations. This shift is driven by the need to reduce fuel logistics costs and comply with stricter emissions standards in mining and urban environments, leading manufacturers to develop equipment that can switch seamlessly between mains power and onboard generators. The market traction for such sustainable solutions is evident in recent financial performance; according to Metso Corporation, March 2024, in the 'Annual Report 2023', sales of the company's 'Planet Positive' portfolio, which features energy-efficient comminution and processing technologies, increased by 18% year-on-year, reflecting a decisive industry pivot toward electrified crushing equipment.

Concurrently, there is a Rising Utilization in Construction and Demolition Waste Recycling, fundamentally altering demand patterns distinct from primary aggregate production. This trend is propelled by circular economy mandates and urban planning regulations that compel contractors to process concrete and asphalt debris on-site for reuse, rather than transporting it to landfills. The sheer volume of material available for reprocessing underscores the necessity for specialized crushing fleets; according to the European Climate, Infrastructure and Environment Executive Agency, October 2024, in the article 'Giving a second LIFE: demolishing attitudes to recycling construction waste', construction and demolition activities now account for 40% of all waste generated across the European Union, creating a critical imperative for the deployment of crushers capable of secondary material recovery.

Segmental Insights

The Hydraulics segment represents the fastest-growing category in the Global Cone Crusher Market due to its ability to improve operational efficiency and safety. This growth is driven by the industry shift toward automation, as hydraulic systems allow for precise setting adjustments and automatic protection against uncrushable materials, which significantly reduces maintenance downtime. Additionally, compliance with safety guidelines from institutions like the Mine Safety and Health Administration supports this trend, as operators seek equipment that minimizes manual intervention during blockages. Consequently, mining and construction sectors are increasingly adopting hydraulic models to enhance productivity.

Regional Insights

Asia Pacific holds the leading position in the Global Cone Crusher Market, driven largely by rapid urbanization and extensive infrastructure development. Nations such as China and India contribute significantly to this dominance through massive government-backed projects, including the expansion of highways, railways, and smart cities. These initiatives create a substantial demand for construction aggregates, directly fueling the need for crushing equipment. Furthermore, the region’s robust mining sector actively requires machinery for mineral extraction and processing. This continuous industrial momentum establishes Asia Pacific as the primary hub for market activity, outpacing other regions in equipment adoption.

Recent Developments

• In April 2025, Sandvik Mobile Crushing and Screening launched the QH443E, a new electric tracked cone crusher designed for heavy-duty applications. This model serves as the flagship of the company's Q-Range electric-driven cone plants and combines electric drives with track mobility on a single platform. The machine features the CH440 Hydrocone crusher and is equipped with a diesel-electric generator drivetrain, offering up to 25% fuel savings compared to previous generations. The launch aimed to bridge the gap between tracked mobile, wheeled portable, and stationary plants while enhancing sustainability and productivity in mining and quarrying operations.
• In June 2024, Propel Industries announced a strategic partnership with Omega Crushing and Screening, a company based in Northern Ireland known for zero-emission mobile crushing. As part of this collaboration, Propel acquired a major stake in Omega to jointly deliver advanced solutions to the global crushing and screening market. The partnership was intended to combine Propel's manufacturing capabilities with Omega's technical expertise in eco-friendly mobile plants. Both companies planned to develop a new range of products incorporating sustainable technologies and expand their distribution networks worldwide to serve emerging and established markets.
• In June 2024, Terex Minerals Processing Systems (MPS) unveiled the WG220E Portable Cone Crusher at the Hillhead exhibition in the United Kingdom. Designed primarily for the European market, this new model is mounted on a wheeled chassis and is towable by conventional trucks to comply with road regulations. The electrically driven crusher is suitable for secondary or tertiary processing in hard rock quarries and can handle oversize materials from wash plants. The launch was part of Terex MPS's strategy to provide a comprehensive range of electric portable crushing plants for mid-size end users, rental companies, and contractors.
• In March 2024, Metso introduced the Nordberg HP350e cone crusher as the latest addition to its Nordberg HPe series. The new model was designed to offer enhanced performance, higher uptime, and easier maintenance for the aggregates and mining industries. According to the company, the HP350e enables up to 10% higher performance in secondary and tertiary crushing applications compared to the HP300. It features new kinematics, more efficient chambers, and no-backing liners for safer replacement. The launch aimed to meet the increasing performance needs of diverse rock processing operations while providing a more sustainable solution for crushing operators.

Key Market Players

• Terex Corporation
• Metso Corporation
• McCloskey Equipment
• ThyssenKrupp AG
• Sandvik AB
• Astec Industries Inc.
• Puzzolana Machinery Fabricators LLP
• Keestrack NV
• FLSmidth & Co. A/S
• Tesad Engineering Ltd

By Type	By Offering	By Power Source	By Sales Type	By End-user Application	By Region
Symons Hydraulics Gyratory	Mobile Crusher Portable Crusher Stationary Crusher	Electric Connection Diesel Connection Dual Connection	New Equipment Sales Aftermarket Sales	Mining and Metallurgy Aggregate Processing Construction Demolition	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Cone Crusher Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Cone Crusher Market, By Type:

• Symons
• Hydraulics
• Gyratory

• Cone Crusher Market, By Offering:

• Mobile Crusher
• Portable Crusher
• Stationary Crusher

• Cone Crusher Market, By Power Source:

• Electric Connection
• Diesel Connection
• Dual Connection

• Cone Crusher Market, By Sales Type:

• New Equipment Sales
• Aftermarket Sales

• Cone Crusher Market, By End-user Application:

• Mining and Metallurgy
• Aggregate Processing
• Construction
• Demolition

• Cone Crusher Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE