Market Overview:
The global mineral grinding equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for mineral grinding equipment from the metal ore mining and non-metallic ore mining industries. In terms of type, the rod mill segment is expected to lead the global mineral grinding equipment market during the forecast period, owing to its high efficiency and low operating costs as compared to other types of mills. In terms of application, the metal ore mining segment is projected to lead the global mineral grinding equipment market during 2018-2030, owingtothegrowing demand for metals such as copper, aluminum and gold across various regions.
Product Definition:
Mineral grinding equipment is used to grind minerals into powder form. The importance of mineral grinding equipment is that it allows for the production of fine particles which can then be used in various industrial and commercial applications.
Rod Mill:
A rod mill is a device used in mineral processing for the reduction of size of raw material particles. Rod mills are horizontal shaft devices, which consist of fixed or rotating steel-based cutting arms and a stationary grinding chamber. The product feed is passed through the chamber where the material is crushed by the arms and then passes out at another end through an opening in case of vertical rods, or via openings in case if horizontal rods are employed.
Ball Mill:
A ball mill is a type of grinder used to grind various solid materials into extremely fine powder. The grinding medium in a ball mill consists of at least one rotating steel shell, which is enclosed by a metal or plastic housing. A series of balls are placed inside the steel shell and these balls rub against each other as they are turned by the rotating mechanism, thereby creating an electric current that drives the mills mechanism.
Application Insights:
The metal ore mining application segment accounted for the largest revenue share of over 40% in 2017. The segment is expected to witness significant growth on account of rising demand from construction industry, automotive industry, and electrical & electronics industry. Mineral grinding equipment is widely used in metal ore mining as it reduces the cost and time required for processing low-grade ores thereby making them suitable for further processing such as leaching or direct smelting.
Non-metallic minerals such as talc, barite, gypsum are usually found in large quantities near the surface layer of the earth which makes them suitable for use in road construction & maintenance or agriculture applications due to their high compressive strength.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of large mineral reserves and high demand from various end-use industries. China is one of the largest producers and consumers of mineral grinding equipment globally. The country has been a major producer of coal, steel, cement as well as other minerals for domestic consumption and export since 2010s.
The region is expected to witness significant growth over the forecast period on account rising investments by companies in order to expand their production capabilities at low costs coupled with increasing demand from end-use industries such as construction, automotive, energy & power generation sectors in countries such as India, Japan and South Korea among others. In addition Grinding Media’s latest price list for 2018 shows that Asia Pacific was one of its key markets accounting for nearly 60% share both in terms of volume sold along with revenue generated through sales was USD X million which were approximately 50% higher than those recorded during 2016 fiscal year.
Growth Factors:
- Increasing demand for mineral grinding equipment from the construction and mining industries as a result of the growth in these sectors.
- Rising demand for mineral grinding equipment from small and medium-sized enterprises due to the growing trend of industrialization in developing countries.
- Technological advancements in mineral grinding equipment that improve efficiency and reduce downtime, resulting in increased production output.
- Growing awareness about the benefits of using mineral grinding equipment among end users, which is driving its adoption across various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mineral Grinding Equipment Market Research Report
By Type
Rod Mill, Ball Mill
By Application
Metal Ore Mining, Non-metallic Ore Mining
By Companies
DCD, Metso, FLSmidth, Furukawa, KHD Humboldt Wedag, Gebr. Pfeiffer, Outotec, MIKRONS, CITIC HIC, Shenyang Metallurgy, Liaoning Provincial Machinery, Zhongde Heavy Industry, Henan Hongji Mine, Hongxing Machinery, Pengfei Group, Fote Heavy Machinery, Shanghai Minggong
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Mineral Grinding Equipment Market Report Segments:
The global Mineral Grinding Equipment market is segmented on the basis of:
Types
Rod Mill, Ball Mill
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
Metal Ore Mining, Non-metallic Ore Mining
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:
- DCD
- Metso
- FLSmidth
- Furukawa
- KHD Humboldt Wedag
- Gebr. Pfeiffer
- Outotec
- MIKRONS
- CITIC HIC
- Shenyang Metallurgy
- Liaoning Provincial Machinery
- Zhongde Heavy Industry
- Henan Hongji Mine
- Hongxing Machinery
- Pengfei Group
- Fote Heavy Machinery
- Shanghai Minggong
Highlights of The Mineral Grinding Equipment 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:
- Rod Mill
- Ball Mill
- By Application:
- Metal Ore Mining
- Non-metallic Ore Mining
- 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 Mineral Grinding Equipment 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?
Mineral grinding equipment is used to grind materials into a fine powder. This can be done with a variety of different types of mills, including ball mills, cone crushers, and hammer mills.
Some of the major players in the mineral grinding equipment market are DCD, Metso, FLSmidth, Furukawa, KHD Humboldt Wedag, Gebr. Pfeiffer, Outotec, MIKRONS, CITIC HIC, Shenyang Metallurgy, Liaoning Provincial Machinery, Zhongde Heavy Industry, Henan Hongji Mine, Hongxing Machinery, Pengfei Group, Fote Heavy Machinery, Shanghai Minggong.
The mineral grinding equipment 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 Mineral Grinding Equipment 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 Mineral Grinding Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mineral Grinding Equipment 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 Mineral Grinding Equipment 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 Mineral Grinding Equipment Market Size & Forecast, 2018-2028
4.5.1 Mineral Grinding Equipment Market Size and Y-o-Y Growth
4.5.2 Mineral Grinding Equipment Market Absolute $ Opportunity
Chapter 5 Global Mineral Grinding Equipment 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 Mineral Grinding Equipment Market Size Forecast by Type
5.2.1 Rod Mill
5.2.2 Ball Mill
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mineral Grinding Equipment 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 Mineral Grinding Equipment Market Size Forecast by Applications
6.2.1 Metal Ore Mining
6.2.2 Non-metallic Ore Mining
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mineral Grinding Equipment 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 Mineral Grinding Equipment 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 Mineral Grinding Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Mineral Grinding Equipment 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 Mineral Grinding Equipment Market Size Forecast by Type
9.6.1 Rod Mill
9.6.2 Ball Mill
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 Mineral Grinding Equipment Market Size Forecast by Applications
9.10.1 Metal Ore Mining
9.10.2 Non-metallic Ore Mining
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 Mineral Grinding Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Mineral Grinding Equipment 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 Mineral Grinding Equipment Market Size Forecast by Type
10.6.1 Rod Mill
10.6.2 Ball Mill
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 Mineral Grinding Equipment Market Size Forecast by Applications
10.10.1 Metal Ore Mining
10.10.2 Non-metallic Ore Mining
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 Mineral Grinding Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mineral Grinding Equipment 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 Mineral Grinding Equipment Market Size Forecast by Type
11.6.1 Rod Mill
11.6.2 Ball Mill
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 Mineral Grinding Equipment Market Size Forecast by Applications
11.10.1 Metal Ore Mining
11.10.2 Non-metallic Ore Mining
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 Mineral Grinding Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Mineral Grinding Equipment 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 Mineral Grinding Equipment Market Size Forecast by Type
12.6.1 Rod Mill
12.6.2 Ball Mill
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 Mineral Grinding Equipment Market Size Forecast by Applications
12.10.1 Metal Ore Mining
12.10.2 Non-metallic Ore Mining
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) Mineral Grinding Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mineral Grinding Equipment 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) Mineral Grinding Equipment Market Size Forecast by Type
13.6.1 Rod Mill
13.6.2 Ball Mill
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) Mineral Grinding Equipment Market Size Forecast by Applications
13.10.1 Metal Ore Mining
13.10.2 Non-metallic Ore Mining
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 Mineral Grinding Equipment Market: Competitive Dashboard
14.2 Global Mineral Grinding Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DCD
14.3.2 Metso
14.3.3 FLSmidth
14.3.4 Furukawa
14.3.5 KHD Humboldt Wedag
14.3.6 Gebr. Pfeiffer
14.3.7 Outotec
14.3.8 MIKRONS
14.3.9 CITIC HIC
14.3.10 Shenyang Metallurgy
14.3.11 Liaoning Provincial Machinery
14.3.12 Zhongde Heavy Industry
14.3.13 Henan Hongji Mine
14.3.14 Hongxing Machinery
14.3.15 Pengfei Group
14.3.16 Fote Heavy Machinery
14.3.17 Shanghai Minggong
