Market Overview:
The global crusher backing material market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for crusher backing material from the mining & smelting and building & construction industries. Based on type, the cone crushers backing material segment is expected to account for a major share of the global crusher backing material market during the forecast period. This segment is anticipated to grow at a CAGR of X.X% over the forecast period.
Product Definition:
Crusher backing material is a high-density resin compound used as a backing plate for crushing machinery. It is important because it helps to protect the machinery from wear and tear, while also absorbing some of the impact from the crusher's operation.
Cone Crushers Backing Material:
crusher backing material cone crushers backing material is a key component in the crushing process, it helps to maintain stability and balance of the crushing machine. Cone crushers are used for primary or secondary crushed stone production. The product is available in different forms such as plates, sheets, blocks and angles which can be customized as per client requirements. There are mainly two types of products used as a crusher backing material namely single layer and multi-layered materials.
Gyratory Crushers Backing Material:
Backing material is a key component in the manufacturing of gyratory crushers. It provides stability and strength to the machine, which enables it to perform at optimum efficiency. The selection of backing materials is based on various parameters such as size, type, weight capacity and overall performance requirements among others. Gyrocrushers are used for primary crushing in numerous industries including mining & construction among others.
Application Insights:
Mining & smelting was the largest application segment in 2017 and accounted for a market share of more than 45% in 2018. The growth can be attributed to the increasing demand for metals from various industries including construction, automotive, energy, and transportation. Metals such as copper (Cu), zinc (Zn), lead (Pb) and nickel (Ni) are widely used in electronic equipment production owing to their lightweight properties. This has resulted in an increased requirement of these minerals which is likely to boost product demand over the forecast period.
The building & construction segment is expected to register a CAGR of XX% from 2018 to 2030 on account of rising infrastructure development activities across the globe coupled with high product penetration rate due to its excellent wear resistance properties that help prevent machinery components from damage caused by friction heat generated during operation thereby maintaining machine efficiency at optimum levels over long periods of time without any additional costs or maintenance fees incurred.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of key manufacturers such as SANY Group (China), KHD & Cia. (Brazil), and JFE Corporation (Japan). The region is expected to continue its dominance over the forecast period, with China accounting for a major share.
The demand for backing materials in North America was valued at USD X million in 2017 and is projected to grow at a significant rate over the forecast period, which can be attributed to increasing infrastructure spending by governments across countries such as U.S.
In Latin America also known as South America; Brazil accounted for more than 50% of total regional revenue due her massive reserves of iron ore.
Growth Factors:
- Growing construction industry: The global construction industry is expected to grow at a CAGR of 4.5% from 2016 to 2020, owing to the increasing urbanization and infrastructure development across the world. This will drive the demand for crusher backing material, as it is used in various construction applications such as asphalt paving, roofing, and flooring.
- Rising demand for crushed stone: Crushed stone is one of the most commonly used materials in civil engineering and road construction projects. It is used as a base course material for roads, bridges, and other structures. The rising demand for crushed stone will boost the growth of Crusher Backing Material market during the forecast period.
- Increasing use of recycled aggregates: Recycled aggregates are produced by crushing concrete and other demolition debris into small pieces using crushers or hammer mills .The growing awareness about environmental protection has led to an increase in the use of recycled aggregates worldwide .This will create opportunities for Crusher Backing Material market during the forecast period .
- .Growing automotive industry: The global automotive industry is projected to grow at a CAGR of 5% from 2016 to 2020 , owing to rising disposable income levels and changing consumer preferences towards advanced vehicles ..This will create opportunities for Crusher Backing Material market duringthe forecast period ..
- .Rapid industrialization in emerging economies: Emerging economies such as Chinaand India are witnessing rapid industrialization , which is resulting in an
Scope Of The Report
Report Attributes
Report Details
Report Title
Crusher Backing Material Market Research Report
By Type
Cone Crushers Backing Material, Gyratory Crushers Backing Material, Others
By Application
Mining & Smelting, Building & Construction
By Companies
Henkel, FLSmidth, ITW Performance Polymers, ESCO Corporation, Columbia Steel Casting, Copps Industries, Monarch Industrial Product, Micor, HPZ Crusher Services, Unnathi Enterprises, FINSAD Group, G & S Chemicals, ESCO Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Crusher Backing Material Market Report Segments:
The global Crusher Backing Material market is segmented on the basis of:
Types
Cone Crushers Backing Material, Gyratory Crushers Backing Material, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining & Smelting, Building & Construction
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel
- FLSmidth
- ITW Performance Polymers
- ESCO Corporation
- Columbia Steel Casting
- Copps Industries
- Monarch Industrial Product
- Micor
- HPZ Crusher Services
- Unnathi Enterprises
- FINSAD Group
- G & S Chemicals
- ESCO Corporation
Highlights of The Crusher Backing Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cone Crushers Backing Material
- Gyratory Crushers Backing Material
- Others
- By Application:
- Mining & Smelting
- Building & Construction
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Crusher Backing Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Crusher backing material is a type of recycled materials that is used to reinforce concrete. It is made up of small pieces of crushed stone, gravel, and other rocks.
Some of the major companies in the crusher backing material market are Henkel, FLSmidth, ITW Performance Polymers, ESCO Corporation, Columbia Steel Casting, Copps Industries, Monarch Industrial Product, Micor, HPZ Crusher Services, Unnathi Enterprises, FINSAD Group, G & S Chemicals, ESCO Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Crusher Backing Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Crusher Backing Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Crusher Backing Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Crusher Backing Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Crusher Backing Material Market Size & Forecast, 2018-2028
4.5.1 Crusher Backing Material Market Size and Y-o-Y Growth
4.5.2 Crusher Backing Material Market Absolute $ Opportunity
Chapter 5 Global Crusher Backing Material Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Crusher Backing Material Market Size Forecast by Type
5.2.1 Cone Crushers Backing Material
5.2.2 Gyratory Crushers Backing Material
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Crusher Backing Material Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Crusher Backing Material Market Size Forecast by Applications
6.2.1 Mining & Smelting
6.2.2 Building & Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Crusher Backing Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Crusher Backing Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Crusher Backing Material Analysis and Forecast
9.1 Introduction
9.2 North America Crusher Backing Material Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Crusher Backing Material Market Size Forecast by Type
9.6.1 Cone Crushers Backing Material
9.6.2 Gyratory Crushers Backing Material
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Crusher Backing Material Market Size Forecast by Applications
9.10.1 Mining & Smelting
9.10.2 Building & Construction
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Crusher Backing Material Analysis and Forecast
10.1 Introduction
10.2 Europe Crusher Backing Material Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Crusher Backing Material Market Size Forecast by Type
10.6.1 Cone Crushers Backing Material
10.6.2 Gyratory Crushers Backing Material
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Crusher Backing Material Market Size Forecast by Applications
10.10.1 Mining & Smelting
10.10.2 Building & Construction
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Crusher Backing Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Crusher Backing Material Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Crusher Backing Material Market Size Forecast by Type
11.6.1 Cone Crushers Backing Material
11.6.2 Gyratory Crushers Backing Material
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Crusher Backing Material Market Size Forecast by Applications
11.10.1 Mining & Smelting
11.10.2 Building & Construction
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Crusher Backing Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Crusher Backing Material Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Crusher Backing Material Market Size Forecast by Type
12.6.1 Cone Crushers Backing Material
12.6.2 Gyratory Crushers Backing Material
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Crusher Backing Material Market Size Forecast by Applications
12.10.1 Mining & Smelting
12.10.2 Building & Construction
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Crusher Backing Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Crusher Backing Material Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Crusher Backing Material Market Size Forecast by Type
13.6.1 Cone Crushers Backing Material
13.6.2 Gyratory Crushers Backing Material
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Crusher Backing Material Market Size Forecast by Applications
13.10.1 Mining & Smelting
13.10.2 Building & Construction
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Crusher Backing Material Market: Competitive Dashboard
14.2 Global Crusher Backing Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel
14.3.2 FLSmidth
14.3.3 ITW Performance Polymers
14.3.4 ESCO Corporation
14.3.5 Columbia Steel Casting
14.3.6 Copps Industries
14.3.7 Monarch Industrial Product
14.3.8 Micor
14.3.9 HPZ Crusher Services
14.3.10 Unnathi Enterprises
14.3.11 FINSAD Group
14.3.12 G & S Chemicals
14.3.13 ESCO Corporation
