Grinding media is used to finely grind material to a size which allows recovery of the desired contained material. It comes in different forms such as grinding balls, grinding cylpebs, rods or even beads.
The major manufacturers in the sector are Moly-Cop, ME Elecmetal and Magotteaux, with revenue ratios of 18%, 3% and 6%, respectively, in 2019.
In 2019, the global Grinding Media market size was US$ 9243.7 million and it is expected to reach US$ 11000 million by the end of 2027, with a CAGR of 2% during 2021-2027.
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The major companies include:
- Anhui Ruitai
- Jianzhen Steel Ball
- Oriental Casting and Forging
- Jinan Huafu
- Zhengxing Grinding Ball
- Jinan Daming New Material
- Sheng Ye Grinding Ball
- Jinchi Steel Ball
Segment by Type, the Grinding Media market is segmented into
- Forged Grinding Media
- High Chrome Cast Grinding Media
- Other Cast Grinding Media
Segment by Application, the Grinding Media market is segmented into
- Mining and Metallurgy
- Cement
- Power Plant
- Others
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Scope of the Report
The research study analyzes the global Grinding Media industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Grinding Media Market Report
1. What was the Grinding Media Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Grinding Media Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Grinding Media Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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