The Global Crusher Backing Compound Market is projected to grow at a CAGR of around 4.2% over the next six years. The key factors driving the growth of the market include; Growing construction sector across the globe, and rising mineral exploration & mining activities. Moreover, increasing R&D & continuous innovation in product development is also fostering the growth of the global crusher backing compound market.
Crusher backing compounds are used to increase the life of the crusher equipment. The crusher backing compound fills the spaces behind the wear parts and the outer jacket, and reduces the effect of friction, and vibration during the crushing operations. The backing compound acts as a reinforcing layer, and also works as a shock absorber by absorbing the vibrational energy, thus protecting it from serious wear and tear. These backing compounds are highly effective and safe to use compared to the traditionally used molten metal backing materials. They eliminate the need for melting or the use of hazardous equipment.
With the rapid urbanization, there has been an increase in construction activities across the globe. Various governments are increasingly investing in infrastructure projects, which has led to an increased adoption of Crushers. This in turn has favorably affected the crusher backing market. Moreover, the continuous product development in the backing compound has also resulted in more sustainable backing compounds in the market. However, the crusher backing compound market is expected to be hampered due to the advancements in the crusher machines that do not require backing materials.
Segment overview
On the basis of Material, the crusher backing compound market is segmented into Epoxy, Polyurethanes, Acrylics. The Epoxy segment is expected to witness high CAGR during the forecast period. The growth in the segment is owing to the increasing focus on manufacturing sustainable backing compound.
On the basis of Application, the Stone Crushers segment held the significant share of the market in 2020. The Cone crusher segment is projected to grow at a significant CAGR over the forecast period.
On the basis of region, Asia-Pacific holds the major share of the crusher backing compound market. This is mainly due to an increasing investment in the infrastructure by public and private players. Moreover, the surge in the number of mining projects is also expected to foster the growth of Crusher Backing Compound Market in the region.
The report provides detailed market outlook, and forecast of the “Global Crusher backing compound market” based on Material, Application, End-Use, Distribution Channel, and by Region.
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017, 2018, 2019 |
| Base Year | 2020 |
| Forecast Period | 2021-2027 |
| Units Considered | USD Million, Tons |
| Segmentation By Material |
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| Segmentation by Application |
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| Segmentation by Type |
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| Segmentation By End-Use |
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| Segmentation by Distribution |
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| Regions Covered |
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| Key Company Profiles | ESCO Corporation., Henkel Corporation Engineering Adhesives, Copps Industries., FLSmidth & Co. A/S, Columbia Steel Casting Co., Inc., FINSAD Group Oy, Monarch Industrial Product (I) Pvt Ltd, Epoxa US Incorporated., Unnathi Enterprises, Micor Company, Inc.., HPZ Crusher Services Inc., and Schenck Process, among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Crusher backing compound market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.4. Regulatory framework
3.5. Crusher backing compound market: developed v/s developing countries
3.6. Market opportunities & trends
3.6.1. Increasing R & D & new product developments
3.7. Market dynamics
3.7.1. Market driver analysis
3.7.1.1. Growing construction sector across the globe
3.7.1.2. Rising mineral exploration & mining activities
3.7.1.3. Impact analysis
3.7.2. Market restraint analysis
3.7.2.1. Significant advancements in crusher machines
3.7.2.2. Stringent regulations
3.7.2.3. Impact analysis
3.8. Industry analysis – Porter’s
3.8.1. Bargaining power of suppliers
3.8.2. Bargaining power of buyers
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Competitive rivalry
3.9. PESTEL analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. COVID-19 Implications
5.1. Global industry impact of COVID-19 pandemic
5.1.1. Impact analysis of COVID - 19
5.1.2. Analyst recommendations
CHAPTER 6. Global Crusher Backing Compound Market Size and Forecast (2017 - 2027)
6.1. Global Crusher Backing Compound Market, By Material (USD Million) (Tons)
6.1.1. Epoxy
6.1.2. Polyurethanes
6.1.3. Acrylics
6.2. Global Crusher Backing Compound Market, By Application (USD Million) (Tons)
6.2.1. Cone Crushers
6.2.1.1. Compound Cone Crusher
6.2.1.2. Spring Cone Crusher
6.2.1.3. Hydraulic Cone Crusher
6.2.1.3.1. Single-Cylinder
6.2.1.3.2. Multi-Cylinder
6.2.2. Gyratory Crushers
6.2.3. Jaw Crushers
6.2.3.1. Single Toggle
6.2.3.2. Double Toggle
6.2.4. Stone Crushers
6.2.5. Grinding Mills
6.2.6. Lock Bushings & Bearings
6.2.7. Others
6.3. Global Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
6.3.1. Building & Construction
6.3.2. Mining & Smelting
6.3.3. Others
6.4. Global Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
6.4.1. Online
6.4.2. Offline
6.5. Global Crusher Backing Compound Market, By Region (USD Million) (Tons)
6.5.1. North America
6.5.2. Europe
6.5.3. Asia-Pacific
6.5.4. Central & South America (CSA)
6.5.5. Middle East & Africa (MEA)
CHAPTER 7. Global Crusher Backing Compound Market Size and Forecast, By Region (2017 - 2027)
7.1. North America Crusher Backing Compound Market (USD Million) (Tons)
7.1.1. North America Crusher Backing Compound Market, By Country (USD Million) (Tons)
7.1.2. North America Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.1.3. North America Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.1.4. North America Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.1.5. North America Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.1.6. North America Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.1.7. The U.S. Crusher Backing Compound Market (USD Million) (Tons)
7.1.7.1. The U.S. Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.1.7.2. The U.S. Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.1.7.3. The U.S. Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.1.7.4. The U.S. Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.1.7.5. The U.S. Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.1.8. Canada Crusher Backing Compound Market (USD Million) (Tons)
7.1.8.1. Canada Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.1.8.2. Canada Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.1.8.3. Canada Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.1.8.4. Canada Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.1.8.5. Canada Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.1.9. Mexico Crusher Backing Compound Market (USD Million) (Tons)
7.1.9.1. Mexico Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.1.9.2. Mexico Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.1.9.3. Mexico Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.1.9.4. Mexico Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.1.9.5. Mexico Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.2. Europe Crusher Backing Compound Market (USD Million) (Tons)
7.2.1. Europe Crusher Backing Compound Market, By Country (USD Million) (Tons)
7.2.2. Europe Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.2.3. Europe Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.2.4. Europe Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.2.5. Europe Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.2.6. Europe Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.2.7. Germany Crusher Backing Compound Market (USD Million) (Tons)
7.2.7.1. Germany Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.2.7.2. Germany Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.2.7.3. Germany Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.2.7.4. Germany Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.2.7.5. Germany Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.2.8. The U.K Crusher Backing Compound Market (USD Million) (Tons)
7.2.8.1. The U.K Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.2.8.2. The U.K Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.2.8.3. The U.K Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.2.8.4. The U.K Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.2.8.5. The U.K Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.2.9. France Crusher Backing Compound Market (USD Million) (Tons)
7.2.9.1. France Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.2.9.2. France Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.2.9.3. France Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.2.9.4. France Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.2.9.5. France Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.2.10. Italy Crusher Backing Compound Market (USD Million) (Tons)
7.2.10.1. Italy Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.2.10.2. Italy Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.2.10.3. Italy Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.2.10.4. Italy Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.2.10.5. Italy Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.3. Asia-Pacific Crusher Backing Compound Market (USD Million) (Tons)
7.3.1. Asia-Pacific Crusher Backing Compound Market, By Country (USD Million) (Tons)
7.3.2. Asia-Pacific Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.3.3. Asia-Pacific Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.3.4. Asia-Pacific Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.3.5. Asia-Pacific Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.3.6. Asia-Pacific Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.3.7. China Crusher Backing Compound Market (USD Million) (Tons)
7.3.7.1. China Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.3.7.2. China Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.3.7.3. China Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.3.7.4. China Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.3.7.5. China Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.3.8. Japan Crusher Backing Compound Market (USD Million) (Tons)
7.3.8.1. Japan Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.3.8.2. Japan Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.3.8.3. Japan Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.3.8.4. Japan Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.3.8.5. Japan Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.3.9. India Crusher Backing Compound Market (USD Million) (Tons)
7.3.9.1. India Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.3.9.2. India Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.3.9.3. India Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.3.9.4. India Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.3.9.5. India Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.3.10. South Korea Crusher Backing Compound Market (USD Million) (Tons)
7.3.10.1. South Korea Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.3.10.2. South Korea Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.3.10.3. South Korea Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.3.10.4. South Korea Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.3.10.5. South Korea Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.4. Central & South America (CSA) Crusher Backing Compound Market (USD Million) (Tons)
7.4.1. Central & South America (CSA) Crusher Backing Compound Market, By Country (USD Million) (Tons)
7.4.2. Central & South America (CSA) Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.4.3. Central & South America (CSA) Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.4.4. Central & South America (CSA) Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.4.5. Central & South America (CSA) Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.4.6. Central & South America (CSA) Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.4.7. Brazil Crusher Backing Compound Market (USD Million) (Tons)
7.4.7.1. Brazil Crusher Backing Compound Market, By Material Type (USD Million) (Tons)
7.4.7.2. Brazil Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.4.7.3. Brazil Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.4.7.4. Brazil Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.4.7.5. Brazil Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.5. Middle East & Africa (MEA) Crusher Backing Compound Market (USD Million) (Tons)
7.5.1. Middle East & Africa (MEA) Crusher Backing Compound Market, By Country (USD Million) (Tons)
7.5.2. Middle East & Africa (MEA) Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.5.3. Middle East & Africa (MEA) Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.5.4. Middle East & Africa (MEA) Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.5.5. Middle East & Africa (MEA) Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.5.6. Middle East & Africa (MEA) Crusher Backing Compound Market, By Distribution Channel (USD Million)
7.5.7. UAE Crusher Backing Compound Market (USD Million) (Tons)
7.5.7.1. UAE Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.5.7.2. UAE Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.5.7.3. UAE Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.5.7.4. UAE Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.5.7.5. UAE Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.5.8. Saudi Arabia Crusher Backing Compound Market (USD Million) (Tons)
7.5.8.1. Saudi Arabia Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.5.8.2. Saudi Arabia Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.5.8.3. Saudi Arabia Crusher Backing Compound Market, By Application (USD Million)
7.5.8.4. Saudi Arabia Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.5.8.5. Saudi Arabia Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
7.5.9. South Africa Crusher Backing Compound Market (USD Million) (Tons)
7.5.9.1. South Africa Crusher Backing Compound Market, By Material (USD Million) (Tons)
7.5.9.2. South Africa Crusher Backing Compound Market, By Form (USD Million) (Tons)
7.5.9.3. South Africa Crusher Backing Compound Market, By Application (USD Million) (Tons)
7.5.9.4. South Africa Crusher Backing Compound Market, By End-Use (USD Million) (Tons)
7.5.9.5. South Africa Crusher Backing Compound Market, By Distribution Channel (USD Million) (Tons)
CHAPTER 8. Key Players and Strategic Developments
8.1. ESCO Corporation
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. Henkel Corporation Engineering Adhesives
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. Copps Industries
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. ITW Performance Polymers
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. FLSmidth & Co. A/S
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. Columbia Steel Casting Co., Inc.
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. FINSAD Group Oy
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. Monarch Industrial Product (I) Pvt Ltd
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. Epoxa US Incorporated
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. Unnathi Enterprises
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. Micor Company, Inc.
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments
8.12. HPZ Crusher Services Inc.
8.12.1. Business Overview
8.12.2. Product and Service Offering
8.12.3. Financial Overview
8.12.4. Strategic Developments
8.13. Schenck Process
8.13.1. Business Overview
8.13.2. Product and Service Offering
8.13.3. Financial Overview
8.13.4. Strategic Developments
