Market Overview:
The global grinding media market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for grinding media in various applications, such as chemistry industry, metallurgy industry, cement plant, power plant and others. In terms of type, forged grinding media is expected to hold a major share in the global grinding media market during the forecast period. This can be attributed to its properties such as high strength and toughness that make it suitable for use in various applications.
Product Definition:
Grinding media are objects used to grind material into smaller particles. Grinding media can be divided into two categories: natural and artificial. The most common type of grinding media is the millstone, which is used in traditional stone mills. Other types of grinding media include balls, beads, and pebbles.
Forged Grinding Media:
Forged grinding media is a special type of material, which is manufactured by the agency of heat and pressure. The process takes place in an open hearth furnace or a high-pressure die casting machine. In the initial stage, all types of raw materials are mixed in a ratio according to their melting points.
High Chrome Cast Grinding Media:
High chrome cast grinding media is a product which consists of very small pieces of chromium. It is used in the grinding of ferrous and non-ferrous alloys, cement, glass, rubber and plastic products. The high chrome content in this product makes it wear resistant and increases its durability compared to standard products. This product also has the ability to grind hard materials without heat being applied to the material or affecting its properties.
Application Insights:
The chemistry industry accounted for the largest share in terms of application and was valued at USD 446.5 million in 2017. The growth can be attributed to increasing demand from various end-use industries including pharmaceutical, food & beverage, cosmetics and others such as paints and coatings, dyes and pigments, pesticides etc. Chemistry is one of the key sectors that drives economies globally since it involves a lot of chemical processes to produce different products with high quality standards which are used by other industries worldwide.
The metallurgy industry grinding media includes mediums used in metalurgical plants for crushing ores into smaller pieces or grains suitable for further processing such as sintering or smelting etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness high growth over the forecast period owing to increasing demand for industrial machinery and rising population in countries, such as China, India, and Japan. In addition, growing investments by foreign companies are anticipated to drive product demand over the coming years.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 on account of high product consumption across several industries including metallurgy and mining. Countries like Germany have forged ahead with their energy transition from fossil fuels toward renewable sources supported by government policies encouraging clean technologies such as electric vehicles production along with bio-based chemicals manufacturing processes that consume less energy thus reducing carbon footprint associated with conventional chemical processes leading to increased adoption of grinding media products across various applications including cement plant and power plant among others globally thereby driving regional growth over the forecast period.
Growth Factors:
- Increasing demand for grinding media from the cement and mining industries
- Growing popularity of stirred mills that require smaller grinding media
- Rising prices of raw materials used in the production of grinding media
- Technological advancements that have led to the development of more efficient and durable grinding media products
- The increasing demand for finished steel products in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Grinding Media Market Research Report
By Type
Forged Grinding Media, High Chrome Cast Grinding Media, Other Cast Grinding Media
By Application
Chemistry industry, Metallurgy industry, Cement plant, Power plant, Other
By Companies
Moly-Cop, ME Elecmetal, Magotteaux, AIA Engineering, EVRAZ NTMK, Donhad, Scaw, Litzkuhn-Niederwippe, Gerdau, TOYO Grinding Ball, Metso, Longteng Special Steel, Dongyuan Steel Ball, FengXing, Shandong Huamin, Anhui Ruitai, Jianzhen Steel Ball, Oriental Casting and Forging, Jinan Huafu, Zhengxing Grinding Ball, Jinan Daming New Material, Sheng Ye Grinding Ball, Jinchi 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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Grinding Media Market Report Segments:
The global Grinding Media market is segmented on the basis of:
Types
Forged Grinding Media, High Chrome Cast Grinding Media, Other Cast Grinding Media
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
Chemistry industry, Metallurgy industry, Cement plant, Power plant, Other
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
- ME Elecmetal
- Magotteaux
- AIA Engineering
- EVRAZ NTMK
- Donhad
- Scaw
- Litzkuhn-Niederwippe
- Gerdau
- TOYO Grinding Ball
- Metso
- Longteng Special Steel
- Dongyuan Steel Ball
- FengXing
- Shandong Huamin
- Anhui Ruitai
- Jianzhen Steel Ball
- Oriental Casting and Forging
- Jinan Huafu
- Zhengxing Grinding Ball
- Jinan Daming New Material
- Sheng Ye Grinding Ball
- Jinchi Steel Ball
Highlights of The 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:
- Forged Grinding Media
- High Chrome Cast Grinding Media
- Other Cast Grinding Media
- By Application:
- Chemistry industry
- Metallurgy industry
- Cement plant
- Power plant
- Other
- 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 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.
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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?
Grinding media is a type of material used in the manufacturing of coffee, specifically for use in espresso machines. It is made up of small pieces that are ground down to a very fine consistency. This allows the coffee to be evenly distributed throughout the machine and produces a better-quality cup of joe.
Some of the major players in the grinding media market are Moly-Cop, ME Elecmetal, Magotteaux, AIA Engineering, EVRAZ NTMK, Donhad, Scaw, Litzkuhn-Niederwippe, Gerdau, TOYO Grinding Ball, Metso, Longteng Special Steel, Dongyuan Steel Ball, FengXing, Shandong Huamin, Anhui Ruitai, Jianzhen Steel Ball, Oriental Casting and Forging, Jinan Huafu, Zhengxing Grinding Ball, Jinan Daming New Material, Sheng Ye Grinding Ball, Jinchi Steel Ball.
The grinding media market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Grinding Media Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Grinding Media Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Grinding Media Market - Supply Chain
4.5. Global Grinding Media Market Forecast
4.5.1. Grinding Media Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Grinding Media Market Size (000 Units) and Y-o-Y Growth
4.5.3. Grinding Media Market Absolute $ Opportunity
5. Global Grinding Media Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Grinding Media Market Size and Volume Forecast by Type
5.3.1. Forged Grinding Media
5.3.2. High Chrome Cast Grinding Media
5.3.3. Other Cast Grinding Media
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Grinding Media Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Grinding Media Market Size and Volume Forecast by Application
6.3.1. Chemistry industry
6.3.2. Metallurgy industry
6.3.3. Cement plant
6.3.4. Power plant
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Grinding Media Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Grinding Media Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Grinding Media Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Grinding Media Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Grinding Media Demand Share Forecast, 2019-2029
9. North America Grinding Media Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Grinding Media Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Grinding Media Market Size and Volume Forecast by Application
9.4.1. Chemistry industry
9.4.2. Metallurgy industry
9.4.3. Cement plant
9.4.4. Power plant
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Grinding Media Market Size and Volume Forecast by Type
9.7.1. Forged Grinding Media
9.7.2. High Chrome Cast Grinding Media
9.7.3. Other Cast Grinding Media
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Grinding Media Demand Share Forecast, 2019-2029
10. Latin America Grinding Media Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Grinding Media Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Grinding Media Market Size and Volume Forecast by Application
10.4.1. Chemistry industry
10.4.2. Metallurgy industry
10.4.3. Cement plant
10.4.4. Power plant
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Grinding Media Market Size and Volume Forecast by Type
10.7.1. Forged Grinding Media
10.7.2. High Chrome Cast Grinding Media
10.7.3. Other Cast Grinding Media
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Grinding Media Demand Share Forecast, 2019-2029
11. Europe Grinding Media Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Grinding Media Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Grinding Media Market Size and Volume Forecast by Application
11.4.1. Chemistry industry
11.4.2. Metallurgy industry
11.4.3. Cement plant
11.4.4. Power plant
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Grinding Media Market Size and Volume Forecast by Type
11.7.1. Forged Grinding Media
11.7.2. High Chrome Cast Grinding Media
11.7.3. Other Cast Grinding Media
11.8. Basis Point Share (BPS) Analysis by Type
119. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Grinding Media Demand Share, 2019-2029
12. Asia Pacific Grinding Media Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Grinding Media Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Grinding Media Market Size and Volume Forecast by Application
12.4.1. Chemistry industry
12.4.2. Metallurgy industry
12.4.3. Cement plant
12.4.4. Power plant
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Grinding Media Market Size and Volume Forecast by Type
12.7.1. Forged Grinding Media
12.7.2. High Chrome Cast Grinding Media
12.7.3. Other Cast Grinding Media
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Grinding Media Demand Share, 2019-2029
13. Middle East & Africa Grinding Media Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Grinding Media Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Grinding Media Market Size and Volume Forecast by Application
13.4.1. Chemistry industry
13.4.2. Metallurgy industry
13.4.3. Cement plant
13.4.4. Power plant
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Grinding Media Market Size and Volume Forecast by Type
13.7.1. Forged Grinding Media
13.7.2. High Chrome Cast Grinding Media
13.7.3. Other Cast Grinding Media
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Grinding Media Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Grinding Media Market: Market Share Analysis
14.2. Grinding Media Distributors and Customers
14.3. Grinding Media Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Moly-Cop
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ME Elecmetal
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Magotteaux
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AIA Engineering
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. EVRAZ NTMK
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Donhad
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Scaw
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Litzkuhn-Niederwippe
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gerdau
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TOYO Grinding Ball
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Metso
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Longteng Special Steel
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Dongyuan Steel Ball
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. FengXing
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shandong Huamin
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Anhui Ruitai
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Jianzhen Steel Ball
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Oriental Casting and Forging
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Jinan Huafu
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Zhengxing Grinding Ball
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
