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.
According to our (Global Info Research) latest study, the global Grinding Media market size was valued at USD 9996.2 million in 2022 and is forecast to a readjusted size of USD 11800 million by 2029 with a CAGR of 2.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Grinding Media key players include Moly-Cop, ME Elecmetal, Magotteaux, AIA Engineering, etc. Global top four manufacturers hold a share nearly 25%.
Asia-Pacific is the largest market, with a share about 60%, followed by Latin America, and North America, both have a share about 25 percent.
In terms of product, High Chrome Cast Grinding Media is the largest segment, with a share over 45%. And in terms of application, the largest application is Mining and Metallurgy, followed by Cement, Power Plant, etc.
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This report is a detailed and comprehensive analysis for global Grinding Media market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market segment by Type
Forged Grinding Media
High Chrome Cast Grinding Media
Other Cast Grinding Media
Market segment by Application
Mining and Metallurgy
Cement
Power Plant
Others
Major players covered
Moly-Cop
ME Elecmetal
Magotteaux
AIA Engineering
EVRAZ NTMK
Scaw
Litzkuhn & Niederwipper
Gerdau
TOYO Grinding Ball Co.Ltd
Metso
Longteng Special Steel
Dongyuan Steel Ball
FengXing
Shandong Huamin
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
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Grinding Media
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Grinding Media market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Grinding Media market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Grinding Media product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grinding Media, with price, sales, revenue and global market share of Grinding Media from 2018 to 2023.
Chapter 3, the Grinding Media competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grinding Media breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Grinding Media market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Grinding Media.
Chapter 14 and 15, to describe Grinding Media sales channel, distributors, customers, research findings and conclusion.
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