Market Overview:
The global vertical mill 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 cement, mining, and coal feeding applications across the globe. In terms of type, the spring type segment is expected to lead the global vertical mill market during the forecast period. This can be attributed to its low cost and easy installation as compared to other types of mills available in the market.
Product Definition:
Vertical Mills are a type of grinding mill used to grind materials into extremely fine powder. They are used in industries such as cement, silicate product, new building material, refractory material, fertilizer, black and non-ferrous metal beneficiation and glass ceramics production.
Spring Type:
The spring type is a device used in vertical mills for the purpose of driving the feed material to the cutting edge of a rotating blade. The main function of this device is to provide elastic energy which helps in propelling or catapulting the cuttings upwardly through an opening at the top, also known as spout.
This catapult effect enables particles with higher momentum and energy to fly out while those having lower momentum are trapped inside resulting in high efficiency and minimum wastage.
Hydraulic Type:
A hydraulic type is a machine tool design that uses the force of fluid to transmit work from one or more elevated sources to a lower destination. The most common types of hydraulic machines are vertical mills, horizontal mills and vertical factories.
The global market for vertical milling machines is expected to grow at an approximate CAGR of XX% over the forecast period owing to various factors such as increasing demand in automotive industry, growth in electronics industry.
Application Insights:
The global vertical mill market has been segmented into cement, mining, coal feeding, others and is anticipated to witness significant growth on account of rising demand for construction materials in various end-use industries. The use of cement as a binding agent in the construction industry has increased significantly over the past few years owing to its ability to provide strong bonding between concrete and soil. This trend is expected to continue over the forecast period due largelyto increasing urbanization along with industrial development & infrastructure building activities across developing countries such as China India Japan South Korea Brazil etc.
Cement was estimated as the largest application segment accounting for 33% of total market volume in 2017 owing largelyto its usage in both new and old structures for providing long-term stability against corrosion & weathering effects thereby making it suitable for use at outdoor locations such as bridges roads buildings pavements tunnels etc.
Regional Analysis:
Asia Pacific dominated the global vertical mill market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of cement plants, which require huge amount of limestone for manufacturing cement. As per the ICAI estimates, Asia produced 60% of limestone in 2015-16 and this was further increased to 70% by 2016-17. Thus, increasing demand from China & India coupled with growing consumption across Southeast Asian countries is expected to drive growth over the next eight years.
Europe accounted for a significant share owing to high demand from end-user industries such as mining & construction coupled with rising R&D activities related to energy generation using waste materials are some factors anticipated boost regional market growth during the forecast period.
Growth Factors:
- Increasing demand for steel and other metals from construction and automotive industries
- Rising need for energy-efficient milling solutions
- Growing popularity of additive manufacturing technologies
- Proliferation of digital fabrication methods
- Advances in materials science and engineering
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Mill Market Research Report
By Type
Spring Type, Hydraulic Type
By Application
Cement, Mining, Coal feeding, Others
By Companies
Gebr. Pfeiffer, Loesche, ThyssenKrupp Technologies (Polysius), Atox, FLSmidth, HRM, ICIL, ALSTOM Power, Poittemill, Ecutec, Gebr. Pfeiffer, Kawasaki, NHI, Zhengzhou Shuguang Heavy Machinery, Hefei Zhongya Building Material Equipment Co., Ltd., Citic Heavy Industry
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Mill Market Report Segments:
The global Vertical Mill market is segmented on the basis of:
Types
Spring Type, Hydraulic Type
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
Cement, Mining, Coal feeding, 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:
- Gebr. Pfeiffer
- Loesche
- ThyssenKrupp Technologies (Polysius)
- Atox
- FLSmidth
- HRM
- ICIL
- ALSTOM Power
- Poittemill
- Ecutec
- Gebr. Pfeiffer
- Kawasaki
- NHI
- Zhengzhou Shuguang Heavy Machinery
- Hefei Zhongya Building Material Equipment Co., Ltd.
- Citic Heavy Industry
Highlights of The Vertical 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:
- Spring Type
- Hydraulic Type
- By Application:
- Cement
- Mining
- Coal feeding
- 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 Vertical 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Vertical mill is a type of grinding mill that uses a vertical rotor to grind materials.
Some of the major players in the vertical mill market are Gebr. Pfeiffer, Loesche, ThyssenKrupp Technologies (Polysius), Atox, FLSmidth, HRM, ICIL, ALSTOM Power, Poittemill, Ecutec, Gebr. Pfeiffer, Kawasaki, NHI, Zhengzhou Shuguang Heavy Machinery, Hefei Zhongya Building Material Equipment Co., Ltd., Citic Heavy Industry.
The vertical mill market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vertical 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 Vertical Mill Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vertical 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 Vertical 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 Vertical Mill Market Size & Forecast, 2018-2028 4.5.1 Vertical Mill Market Size and Y-o-Y Growth 4.5.2 Vertical Mill Market Absolute $ Opportunity
Chapter 5 Global Vertical 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 Vertical Mill Market Size Forecast by Type
5.2.1 Spring Type
5.2.2 Hydraulic Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vertical 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 Vertical Mill Market Size Forecast by Applications
6.2.1 Cement
6.2.2 Mining
6.2.3 Coal feeding
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vertical 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 Vertical 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 Vertical Mill Analysis and Forecast
9.1 Introduction
9.2 North America Vertical 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 Vertical Mill Market Size Forecast by Type
9.6.1 Spring Type
9.6.2 Hydraulic Type
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 Vertical Mill Market Size Forecast by Applications
9.10.1 Cement
9.10.2 Mining
9.10.3 Coal feeding
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 Vertical Mill Analysis and Forecast
10.1 Introduction
10.2 Europe Vertical 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 Vertical Mill Market Size Forecast by Type
10.6.1 Spring Type
10.6.2 Hydraulic Type
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 Vertical Mill Market Size Forecast by Applications
10.10.1 Cement
10.10.2 Mining
10.10.3 Coal feeding
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 Vertical Mill Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vertical 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 Vertical Mill Market Size Forecast by Type
11.6.1 Spring Type
11.6.2 Hydraulic Type
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 Vertical Mill Market Size Forecast by Applications
11.10.1 Cement
11.10.2 Mining
11.10.3 Coal feeding
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 Vertical Mill Analysis and Forecast
12.1 Introduction
12.2 Latin America Vertical 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 Vertical Mill Market Size Forecast by Type
12.6.1 Spring Type
12.6.2 Hydraulic Type
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 Vertical Mill Market Size Forecast by Applications
12.10.1 Cement
12.10.2 Mining
12.10.3 Coal feeding
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) Vertical Mill Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vertical 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) Vertical Mill Market Size Forecast by Type
13.6.1 Spring Type
13.6.2 Hydraulic Type
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) Vertical Mill Market Size Forecast by Applications
13.10.1 Cement
13.10.2 Mining
13.10.3 Coal feeding
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 Vertical Mill Market: Competitive Dashboard
14.2 Global Vertical Mill Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gebr. Pfeiffer
14.3.2 Loesche
14.3.3 ThyssenKrupp Technologies (Polysius)
14.3.4 Atox
14.3.5 FLSmidth
14.3.6 HRM
14.3.7 ICIL
14.3.8 ALSTOM Power
14.3.9 Poittemill
14.3.10 Ecutec
14.3.11 Gebr. Pfeiffer
14.3.12 Kawasaki
14.3.13 NHI
14.3.14 Zhengzhou Shuguang Heavy Machinery
14.3.15 Hefei Zhongya Building Material Equipment Co., Ltd.
14.3.16 Citic Heavy Industry