Market Overview:
The Global Cast Grinding Media Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for cast grinding media in various industrial applications such as mining, metallurgy, cement plant, power plant and others. In terms of type, the cast grinding media ball segment accounted for the majority share of the global market in 2017 and is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. This can be attributed to its high wear resistance and impact strength properties as compared with other types of grinding media balls available in the market.
Product Definition:
Cast grinding media is a type of grinding media that is made out of metal. It is important because it can help to grind down material more quickly and effectively than other types of grinding media.
Cast Grinding Media Ball:
Cast grinding media ball is a type of high-performance media, which is made from polymeric powder and filled with sand. It has the ability to reduce wear and tear in machinery used for metal casting. The product also reduces the overall production time by eliminating retakes as well as saves energy owing to its efficient grinding property.
Cast Grinding Media Cylpeb:
Cast grinding media market is segmented on the basis of product and application. On the basis of product, it is classified as natural stone, synthetic stone and ceramic. The major applications include construction materials such as countertops, flooring & tiles, cement bricks & blocks manufacturing industries; automotive industry for brake pads and other parts; glass industry for lenses & windshields; oil exploration services where sand is used to remove unwanted material from crude oil during petroleum refining process.
Application Insights:
The application segment of the global cast grinding media market is bifurcated into mining, metallurgy industry, cement plant and power plant. The mining sector dominated the overall application segment in terms of revenue share at over 40% in 2017. This dominance is attributed to the rising demand for metals from various sectors such as construction, automotive and electronics among others.
Metallurgy industry includes casting processes for iron and steel production.
Regional Analysis:
Asia Pacific dominated the global cast grinding media market in 2017. The region is expected to witness high growth over the forecast period owing to increasing demand for steel from various end-use industries, such as construction, automotive and others. In addition, rising investments in infrastructure development are anticipated to drive product demand over the coming years.
The Asia Pacific regional market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to growing industrialization across emerging economies including China and India along with other Southeast Asian countries.
Growth Factors:
- Increasing demand for cast grinding media from the automotive and aerospace industries due to the growing need for high-performance materials.
- Rising demand for cast grinding media in the mining industry as a result of increasing mineral processing operations across the globe.
- Growing popularity of stirred mills that use cast grinding media as an alternative to traditional ball mills, resulting in higher demand for these products.
- Technological advancements in milling equipment that are requiring higher quality and more durable grinding media, boosting demand for cast grinding media products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cast Grinding Media Market Research Report
By Type
Cast Grinding Media Ball, Cast Grinding Media Cylpeb, Others
By Application
Mining, Metallurgy Industry, Cement Plant, Power Plant, Others
By Companies
Moly-Cop, Magotteaux, Scaw, AIA Engineering, TOYO Grinding Ball, Zhangqiu Taitou Special Steel Ball Factory, Shandong Huamin, Anhui Ruitai, Allstar, Ningguo Nanfang Wear Resistant Material, Zhengxing Grinding Ball, Jinan Huafu, Oriental Casting and Forging, Dongyuan Steel Ball
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Cast Grinding Media Market Report Segments:
The global Cast Grinding Media market is segmented on the basis of:
Types
Cast Grinding Media Ball, Cast Grinding Media Cylpeb, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining, Metallurgy Industry, Cement Plant, Power Plant, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Moly-Cop
- Magotteaux
- Scaw
- AIA Engineering
- TOYO Grinding Ball
- Zhangqiu Taitou Special Steel Ball Factory
- Shandong Huamin
- Anhui Ruitai
- Allstar
- Ningguo Nanfang Wear Resistant Material
- Zhengxing Grinding Ball
- Jinan Huafu
- Oriental Casting and Forging
- Dongyuan Steel Ball
Highlights of The Cast Grinding Media Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cast Grinding Media Ball
- Cast Grinding Media Cylpeb
- Others
- By Application:
- Mining
- Metallurgy Industry
- Cement Plant
- Power Plant
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cast Grinding Media Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cast grinding media is a type of abrasive used in metalworking. It is made from a mixture of finely ground cast iron and aluminum oxide.
Some of the major companies in the cast grinding media market are Moly-Cop, Magotteaux, Scaw, AIA Engineering, TOYO Grinding Ball, Zhangqiu Taitou Special Steel Ball Factory, Shandong Huamin, Anhui Ruitai, Allstar, Ningguo Nanfang Wear Resistant Material, Zhengxing Grinding Ball, Jinan Huafu, Oriental Casting and Forging, Dongyuan Steel Ball.
The cast grinding media market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cast Grinding Media Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cast Grinding Media Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cast Grinding Media Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cast Grinding Media Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cast Grinding Media Market Size & Forecast, 2020-2028
4.5.1 Cast Grinding Media Market Size and Y-o-Y Growth
4.5.2 Cast Grinding Media Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cast Grinding Media Ball
5.2.2 Cast Grinding Media Cylpeb
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mining
6.2.2 Metallurgy Industry
6.2.3 Cement Plant
6.2.4 Power Plant
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cast Grinding Media Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cast Grinding Media Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cast Grinding Media Ball
9.6.2 Cast Grinding Media Cylpeb
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mining
9.10.2 Metallurgy Industry
9.10.3 Cement Plant
9.10.4 Power Plant
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cast Grinding Media Ball
10.6.2 Cast Grinding Media Cylpeb
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mining
10.10.2 Metallurgy Industry
10.10.3 Cement Plant
10.10.4 Power Plant
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cast Grinding Media Ball
11.6.2 Cast Grinding Media Cylpeb
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mining
11.10.2 Metallurgy Industry
11.10.3 Cement Plant
11.10.4 Power Plant
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cast Grinding Media Ball
12.6.2 Cast Grinding Media Cylpeb
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mining
12.10.2 Metallurgy Industry
12.10.3 Cement Plant
12.10.4 Power Plant
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cast Grinding Media Ball
13.6.2 Cast Grinding Media Cylpeb
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mining
13.10.2 Metallurgy Industry
13.10.3 Cement Plant
13.10.4 Power Plant
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cast Grinding Media Market: Competitive Dashboard
14.2 Global Cast Grinding Media Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Moly-Cop
14.3.2 Magotteaux
14.3.3 Scaw
14.3.4 AIA Engineering
14.3.5 TOYO Grinding Ball
14.3.6 Zhangqiu Taitou Special Steel Ball Factory
14.3.7 Shandong Huamin
14.3.8 Anhui Ruitai
14.3.9 Allstar
14.3.10 Ningguo Nanfang Wear Resistant Material
14.3.11 Zhengxing Grinding Ball
14.3.12 Jinan Huafu
14.3.13 Oriental Casting and Forging
14.3.14 Dongyuan Steel Ball
