Market Overview:
The global grinding ball market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for grinding balls from various end-use industries, such as mining, thermal power plant, cement industry, and others. In terms of type, forged steel grinding balls are expected to dominate the market during the forecast period owing to their high wear resistance and toughness properties as compared to cast steel grinding balls. In terms of region, Asia Pacific is projected to be the fastest-growing region during the forecast period owing to rapid industrialization and growth in infrastructure development activities in countries such as China and India.
Product Definition:
A grinding ball is a steel ball that is used in milling. Grinding balls are usually cylindrical and range in size from 20 mm to 150 mm. They are placed in the mill charge along with the ore and crushed between the large rollers and the flat surfaces of the grinding plates.
Forged Steel:
Forged steel is a type of steel that is produced by the process of heating metal sheets under extreme pressure and temperature conditions. The metal undergoes a phase change from solid to liquid, due to which it gets deformed in certain areas. After that, the liquid metal is allowed to cool and become solid again.
Cast Steel:
Cast steel is a type of steel alloy that is obtained by adding carbon and other elements to iron. The process of obtaining cast steel involves melting the metal, followed by molding it into the desired shape. It has high strength and ductility as compared to wrought or hot rolled products.
Application Insights:
Mining industry was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The grinding balls used in this application are forged steel or cast steel, according to the type of bearing they require. These balls are used for various applications such as milling, crushing and screening at a mine site.
The cement industry is also anticipated to witness significant growth over the forecast period owing to increasing construction activities across several countries worldwide including China, India, Brazil and South Africa. In addition, rapid urbanization along with rising disposable income levels has resulted in an increased demand for housing structures which will further propel market growth during the estimated time span.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of key mining and steel manufacturing countries such as China, India, Japan, Australia and South Korea. The region is expected to continue its dominance over the forecast period due to increasing industrial activities coupled with rising population in emerging economies including China and India.
The demand for grinding balls in Europe is anticipated to grow at a significant rate over the forecast period owing to their application in several industries including metallurgy, mining industry, cement industry etc.
North America accounted for a major share of revenue generation owing to high demand from end-use applications such as metal machining and drilling machines along with other industries requiring abrasive wear surfaces such as foundry sanding equipment used by goldsmiths or jewelers among others.
Growth Factors:
- Increasing demand from the manufacturing sector for precision grinding and finishing of metal parts and components.
- Growing popularity of grinding balls as a preferred choice of media for milling operations in various industrial sectors.
- Rising investments by leading manufacturers in R&D to develop advanced grinding technologies and products.
- Proliferation of online shopping portals that offer a wide range of grinding balls at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Grinding Ball Market Research Report
By Type
Forged Steel, Cast Steel
By Application
Mining Industry, Thermal Power Plant, Cement Industry, Others
By Companies
Magotteaux, Scaw Metals Group, TOYO Grinding Ball, Hebei Longsheng Metals and Minerasl, NINGGUO KAIYUAN, Vitkovice Cylinders, Tan Kong, Saint-Gobain, King's Ceramics and Chemicals
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Grinding Ball Market Report Segments:
The global Grinding Ball market is segmented on the basis of:
Types
Forged Steel, Cast Steel
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 Industry, Thermal Power Plant, Cement Industry, 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:
- Magotteaux
- Scaw Metals Group
- TOYO Grinding Ball
- Hebei Longsheng Metals and Minerasl
- NINGGUO KAIYUAN
- Vitkovice Cylinders
- Tan Kong
- Saint-Gobain
- King's Ceramics and Chemicals
Highlights of The Grinding Ball 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:
- Forged Steel
- Cast Steel
- By Application:
- Mining Industry
- Thermal Power Plant
- Cement Industry
- 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 Grinding Ball 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A grinding ball is a type of milling machine that uses a rotating wheel to grind materials.
Some of the major companies in the grinding ball market are Magotteaux, Scaw Metals Group, TOYO Grinding Ball, Hebei Longsheng Metals and Minerasl, NINGGUO KAIYUAN, Vitkovice Cylinders, Tan Kong, Saint-Gobain, King's Ceramics and Chemicals.
The grinding ball 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 Grinding Ball 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 Grinding Ball Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Grinding Ball 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 Grinding Ball 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 Grinding Ball Market Size & Forecast, 2020-2028
4.5.1 Grinding Ball Market Size and Y-o-Y Growth
4.5.2 Grinding Ball 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 Forged Steel
5.2.2 Cast Steel
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 Industry
6.2.2 Thermal Power Plant
6.2.3 Cement Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Grinding Ball 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 Grinding Ball 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 Forged Steel
9.6.2 Cast Steel
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 Industry
9.10.2 Thermal Power Plant
9.10.3 Cement Industry
9.10.4 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 Forged Steel
10.6.2 Cast Steel
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 Industry
10.10.2 Thermal Power Plant
10.10.3 Cement Industry
10.10.4 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 Forged Steel
11.6.2 Cast Steel
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 Industry
11.10.2 Thermal Power Plant
11.10.3 Cement Industry
11.10.4 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 Forged Steel
12.6.2 Cast Steel
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 Industry
12.10.2 Thermal Power Plant
12.10.3 Cement Industry
12.10.4 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 Forged Steel
13.6.2 Cast Steel
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 Industry
13.10.2 Thermal Power Plant
13.10.3 Cement Industry
13.10.4 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 Grinding Ball Market: Competitive Dashboard
14.2 Global Grinding Ball Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magotteaux
14.3.2 Scaw Metals Group
14.3.3 TOYO Grinding Ball
14.3.4 Hebei Longsheng Metals and Minerasl
14.3.5 NINGGUO KAIYUAN
14.3.6 Vitkovice Cylinders
14.3.7 Tan Kong
14.3.8 Saint-Gobain
14.3.9 King's Ceramics and Chemicals
