GCC Cone Crushers Market

GCC Cone Crushers Market Overview:

The GCC cone crushers market size reached USD 38.4 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 64.8 Million by 2033, exhibiting a growth rate (CAGR) of 6.00% during 2025-2033. The market is primarily driven by the increasing mining activities, supportive government policies, rising demand for efficient crushing equipment, and growing focus on infrastructure development across the region.

GCC Cone Crushers Market Trends:

Growing Infrastructure Development

The gulf cooperation council (GCC) countries are making significant investments in infrastructure as part of their strategic vision to diversify economies and promote long-term growth. According to Vision 2030, the NEOM project is indeed one of the projects conceived in Vision 2030 to shape the Red Sea coastline in northwest Saudi Arabia into a future city. Additionally, NEOM will be an advanced region in northwest Saudi Arabia that fully relies on renewable energy. Sponsored by the Public Investment Fund, NEOM emphasizes a harmonic balance of human and ecological needs and creates a new form of sustainable lives, work, and prosperity. Moreover, NEOM is designed as a beacon of forwardness with nothing sacrificed in terms of planetary well-being. On the other hand, NEOM comprises different regions, THE LINE, Oxagon, Trojena, and Sindalah. All of them would consume large amounts of construction materials and heavy equipment to be developed effectively. This surge in construction activities is escalating the demand for cone crushers to crush stone and aggregate materials where roads, bridges, and other infrastructures are being constructed. Furthermore, the continuous momentum of such developmental plans in the GCC region is likely to drive continued demand for efficient crushing solutions, making cone crushers an essential component in meeting the region's construction demands.

Significant Expansion in the Mining Industry

The GCC's mining sector is witnessing notable growth, especially in countries like Oman and the UAE, where natural resource extraction is an essential part of economic diversification efforts. According to a report by the Saudi Press Agency (SPA), in November 2024, the Ministry of Industry and Mineral Resources declared the recipients of mining tenders, issuing exploration licenses for six mining locations across various parts of the Kingdom. These locations feature a variety of base and precious metals, such as gold, silver, zinc, and copper. These licenses are part of the Accelerated Exploration Program, designed to boost the exploration and development of Saudi Arabia’s mineral resources, estimated to be worth SAR 9.3 Trillion. This expansion is driven by the region's abundant mineral resources, including copper, gold, and limestone. Besides, the mining process requires effective equipment for material extraction and processing, with cone crushers being a key asset due to their efficiency and adaptability in breaking down hard rock and ore. Furthermore, the growing scale of mining activities means that operators need reliable and high-performance machinery that can handle continuous, heavy-duty use.

Supportive Government Initiatives

Governments in the GCC are actively implementing policies and strategies aimed at bolstering industrial growth and diversifying their economic bases. The Ministry of Industry and Advanced Technology (MoIAT) has launched Operation 300bn, the most ambitious initiative to expand the UAE’s industrial sector and boost its impact on the national economy. This plan aims to increase the industrial sector’s GDP contribution from AED 133 Billion to AED 300 Billion by 2031. These policies are designed to enhance domestic manufacturing capabilities and encourage the adoption of modern, efficient machinery. Moreover, cone crushers, which are pivotal in processing construction and mining materials, align perfectly with these industrial expansion goals. These government-led strategies foster a favorable environment for the use of advanced crushing equipment, including cone crushers by promoting infrastructure projects and industrial growth across the region. This proactive governmental approach is instrumental in driving the adoption of cutting-edge technology in construction and mining, solidifying the role of cone crushers as essential equipment in the region's development.

GCC Cone Crushers Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type, mobility, power source, and application.

Type Insights:

• Symons Cone Crusher
• Hydraulic Cone Crusher
• Gyratory Cone Crusher
   

The report has provided a detailed breakup and analysis of the market based on the type. This includes symons cone crusher, hydraulic cone crusher, and gyratory cone crusher.

Mobility Insights:

• Stationary Cone Crusher
• Mobile Cone Crusher
   

A detailed breakup and analysis of the market based on the mobility have also been provided in the report. This includes stationary cone crusher and mobile cone crusher.

Power Source Insights:

• Electric Connection
• Diesel Connection
• Dual Connection
   

The report has provided a detailed breakup and analysis of the market based on the power source. This includes electric connection, diesel connection, and dual connection.

Application Insights:

• Mining and Metallurgy
• Construction
• Aggregate Processing
• Demolition
• Others
   

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes mining and metallurgy, construction, aggregate processing, demolition, and others.

Country Insights:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

GCC Cone Crushers Market Report Coverage:

Key Questions Answered in This Report:

• How has the GCC cone crushers market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the GCC cone crushers market?
• What is the breakup of the GCC cone crushers market on the basis of type?
• What is the breakup of the GCC cone crushers market on the basis of mobility?
• What is the breakup of the GCC cone crushers market on the basis of power source?
• What is the breakup of the GCC cone crushers market on the basis of application?
• What are the various stages in the value chain of the GCC cone crushers market? 
• What are the key driving factors and challenges in the GCC cone crushers?
• What is the structure of the GCC cone crushers market and who are the key players?
• What is the degree of competition in the GCC cone crushers market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the GCC cone crushers market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the GCC cone crushers market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the GCC cone crushers industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.