What percentage has the demand for board hammers increased in the cement industry?
In the cement industry, the plate hammer as a key part of the crusher, its demand is closely related to the overall development of the cement industry. Although there is no direct data showing the specific growth percentage of the cement industry's demand for plate mallet, it can be analyzed from the following aspects:
First, the overall demand for cement industry declined
In 2024, the overall demand of the cement industry is "insufficient demand, expected to weaken, and the characteristics of the off-peak season are weakened", and the national cement market demand continues to shrink. From January to September 2024, the country produced 1.327 billion tons of cement, down 10.7% year-on-year. This downward trend in demand has also had a negative impact on the demand for board hammers.
Second, growth in demand in specific areas
Despite the overall decline in demand, cement demand in specific areas such as urban rail transit and highways still maintains a certain growth trend. The increasing demand for high-quality, high-performance cement products in these areas provides a new growth point for the plate hammer market. For example, the share of high-performance board hammer products increased from 35% in 2019 to 50% in 2024, reflecting the strong market acceptance of high-quality products.
Third, industry integration and technological innovation
Consolidation and technological innovation in the cement industry are also driving the growth of the plate hammer market. The increase in industry concentration and competition has prompted companies to upgrade equipment, which drives the demand for key components such as plate mallets. In addition, with the strict implementation of environmental protection policies and the attention to the efficient use of resources, the market demand for energy saving and longer service life of board hammer products has increased significantly.
Fourth, plate hammer market growth trend
According to the "China Impact Crusher Hammer Market Research Report 2025", it is expected that by 2025, the global impact crusher hammer market size will grow from $6.7 billion in 2021 to about $8.9 billion, with an average annual compound growth rate (CAGR) of about 10%. This growth is mainly due to the increased demand for high-performance, environmentally friendly plate hammer products.
Sum up
Although the overall demand of the cement industry has declined, the plate hammer market still has certain growth potential, especially in high-performance, environmentally friendly products. It is expected that the global impact crusher plate hammer market will maintain a compound annual growth rate of about 10% in the next few years. This growth is mainly due to the growth of demand in specific sectors, the promotion of environmental policies, and the drive of industry consolidation and technological innovation.
It is hoped that this information will help you better understand the changing demand for board hammers in the cement industry. If you have more specific questions or need further data support, please feel free to contact us.