Market Overview:
The global LUM ultrafine vertical roller mill market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ultrafine grinding mills in various industries such as chemical, metallurgy, mining and others. In terms of type, the 185~250 (Kw) main machine power segment is expected to dominate the market during the forecast period. This can be attributed to the growing demand for low-power consuming mills in various industries.
Product Definition:
LUM Ultrafine Vertical Roller Mills are widely used in the grinding of cement, lime, glass, as well as a variety of ore and non-metallic materials.
185~250 (Kw) Main Machine Power:
The global market for 185~250 (Kw) main machine power is expected to witness significant growth over the forecast period. The growth of the market can be attributed to factors such as growing demand from end-use industries, technological advancements in energy saving and efficiency, and stringent government regulations on reducing greenhouse gas emissions.
280~315 (Kw) Main Machine Power:
The 280-315 (Kw) main machine power and it's usage in LUM ultrafine vertical roller mill market is expected to witness significant growth over the forecast period. The primary factor driving this growth is the growing demand for food products across the globe coupled with an increase in population, which has led to a rise in demand for food processing industry.
Application Insights:
The global demand for lUM ultrafine vertical roller mill was dominated by the non-metallic mining industry at a revenue share of 35.1% in 2017. The growth can be attributed to the increasing demand for metal ores from various sectors such as construction, automotive, electrical and electronics, and energy among others. In addition, growing investments in developing countries like China and India are expected to boost product demand over the next few years.
The chemical industry is anticipated to emerge as one of the fastest-growing application segments with a CAGR of XX% from 2018 to 2030 owing to increased production capacities in China along with other emerging economies including India and Brazil which are major producers of chemical products globally. This has ledto an increased requirement for primary chemicals that include metals & metalloids, organic compounds along with their derivatives such as polymers & plastic additives etc., thereby augmenting market growth over recent years globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region’s growth can be attributed to increasing demand for chemical products, metallurgical products, non-metallic minerals and others. In addition, rising population coupled with rapid urbanization has led to an increase in food consumption which will drive product demand further.
The Middle East & Africa is anticipated to grow at a lucrative rate over the forecast period owing to increasing government investments in infrastructure development along with growing oil production capacity of various countries such as Saudi Arabia and UAE. Moreover, rising construction activities due to increased foreign investments are likely boost product demand over the coming years.
Growth Factors:
- Increasing demand for cement and other construction materials due to rapid urbanization and industrialization in emerging economies.
- Rising awareness about the benefits of using LUM Ultrafine Vertical Roller Mill among end-users, which is expected to boost its adoption across various industries.
- Growing investments by leading players in research and development activities to develop innovative products that cater to the specific needs of different industries.
- Proliferation of digital technologies that has led to increased demand for advanced milling solutions in various industrial sectors.
Scope Of The Report
Report Attributes
Report Details
Report Title
LUM Ultrafine Vertical Roller Mill Market Research Report
By Type
185~250 (Kw) Main Machine Power, 280~315 (Kw) Main Machine Power, 355~410 (Kw) Main Machine Power, Others
By Application
Chemical Industry, Metallurgy Industry, Non-metallic Mining Industry, Others
By Companies
GBM, Shanghai SBM Company, Zenith Mining and Construction Machinery, HPT, Birnith Mining and Construction Machinery, LIMING HEAVY INDUSTRY, KEFID, K&W Mining Machinery, CCM Industry and Technology Group, GBM
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global LUM Ultrafine Vertical Roller Mill Market Report Segments:
The global LUM Ultrafine Vertical Roller Mill market is segmented on the basis of:
Types
185~250 (Kw) Main Machine Power, 280~315 (Kw) Main Machine Power, 355~410 (Kw) Main Machine Power, 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
Chemical Industry, Metallurgy Industry, Non-metallic Mining 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:
- GBM
- Shanghai SBM Company
- Zenith Mining and Construction Machinery
- HPT
- Birnith Mining and Construction Machinery
- LIMING HEAVY INDUSTRY
- KEFID
- K&W Mining Machinery
- CCM Industry and Technology Group
- GBM
Highlights of The LUM Ultrafine Vertical Roller Mill 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:
- 185~250 (Kw) Main Machine Power
- 280~315 (Kw) Main Machine Power
- 355~410 (Kw) Main Machine Power
- Others
- By Application:
- Chemical Industry
- Metallurgy Industry
- Non-metallic Mining 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 LUM Ultrafine Vertical Roller Mill 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.
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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?
LUM Ultrafine Vertical Roller Mill is a type of mill that uses vertical rollers to grind materials. It is often used to grind coffee, spices, and other food products.
Some of the major players in the lum ultrafine vertical roller mill market are GBM, Shanghai SBM Company, Zenith Mining and Construction Machinery, HPT, Birnith Mining and Construction Machinery, LIMING HEAVY INDUSTRY, KEFID, K&W Mining Machinery, CCM Industry and Technology Group, GBM.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill Market Size & Forecast, 2018-2028 4.5.1 LUM Ultrafine Vertical Roller Mill Market Size and Y-o-Y Growth 4.5.2 LUM Ultrafine Vertical Roller Mill Market Absolute $ Opportunity
Chapter 5 Global LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Type
5.2.1 185~250 (Kw) Main Machine Power
5.2.2 280~315 (Kw) Main Machine Power
5.2.3 355~410 (Kw) Main Machine Power
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Metallurgy Industry
6.2.3 Non-metallic Mining Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill Analysis and Forecast
9.1 Introduction
9.2 North America LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Type
9.6.1 185~250 (Kw) Main Machine Power
9.6.2 280~315 (Kw) Main Machine Power
9.6.3 355~410 (Kw) Main Machine Power
9.6.4 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Metallurgy Industry
9.10.3 Non-metallic Mining 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 LUM Ultrafine Vertical Roller Mill Analysis and Forecast
10.1 Introduction
10.2 Europe LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Type
10.6.1 185~250 (Kw) Main Machine Power
10.6.2 280~315 (Kw) Main Machine Power
10.6.3 355~410 (Kw) Main Machine Power
10.6.4 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Metallurgy Industry
10.10.3 Non-metallic Mining 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 LUM Ultrafine Vertical Roller Mill Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Type
11.6.1 185~250 (Kw) Main Machine Power
11.6.2 280~315 (Kw) Main Machine Power
11.6.3 355~410 (Kw) Main Machine Power
11.6.4 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Metallurgy Industry
11.10.3 Non-metallic Mining 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 LUM Ultrafine Vertical Roller Mill Analysis and Forecast
12.1 Introduction
12.2 Latin America LUM Ultrafine Vertical Roller Mill 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Type
12.6.1 185~250 (Kw) Main Machine Power
12.6.2 280~315 (Kw) Main Machine Power
12.6.3 355~410 (Kw) Main Machine Power
12.6.4 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 LUM Ultrafine Vertical Roller Mill Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Metallurgy Industry
12.10.3 Non-metallic Mining 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) LUM Ultrafine Vertical Roller Mill Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LUM Ultrafine Vertical Roller Mill 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) LUM Ultrafine Vertical Roller Mill Market Size Forecast by Type
13.6.1 185~250 (Kw) Main Machine Power
13.6.2 280~315 (Kw) Main Machine Power
13.6.3 355~410 (Kw) Main Machine Power
13.6.4 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) LUM Ultrafine Vertical Roller Mill Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Metallurgy Industry
13.10.3 Non-metallic Mining 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 LUM Ultrafine Vertical Roller Mill Market: Competitive Dashboard
14.2 Global LUM Ultrafine Vertical Roller Mill Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GBM
14.3.2 Shanghai SBM Company
14.3.3 Zenith Mining and Construction Machinery
14.3.4 HPT
14.3.5 Birnith Mining and Construction Machinery
14.3.6 LIMING HEAVY INDUSTRY
14.3.7 KEFID
14.3.8 K&W Mining Machinery
14.3.9 CCM Industry and Technology Group
14.3.10 GBM