Global Grinding Media Market Growth 2023-2029

Global Grinding Media Market Growth 2023-2029

Grinding media is used to finely grind material to a size which allows recovery of the desired contained material. It comes in different forms such as grinding balls, grinding cylpebs, rods or even beads.

LPI (LP Information)' newest research report, the “Grinding Media Industry Forecast” looks at past sales and reviews total world Grinding Media sales in 2022, providing a comprehensive analysis by region and market sector of projected Grinding Media sales for 2023 through 2029. With Grinding Media sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grinding Media industry.

This Insight Report provides a comprehensive analysis of the global Grinding Media landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grinding Media portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Grinding Media market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grinding Media and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grinding Media.

The global Grinding Media market size is projected to grow from US$ 9503.7 million in 2022 to US$ 11370 million in 2029; it is expected to grow at a CAGR of 11370 from 2023 to 2029.

Global Grinding Media key players include Moly-Cop, ME Elecmetal, Magotteaux, AIA Engineering, etc. Global top four manufacturers hold a share nearly 25%.

Asia-Pacific is the largest market, with a share about 60%, followed by Latin America, and North America, both have a share about 25 percent.

In terms of product, High Chrome Cast Grinding Media is the largest segment, with a share over 45%. And in terms of application, the largest application is Mining and Metallurgy, followed by Cement, Power Plant, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Grinding Media market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Forged Grinding Media

High Chrome Cast Grinding Media

Other Cast Grinding Media

Segmentation by application

Mining and Metallurgy

Cement

Power Plant

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Moly-Cop

ME Elecmetal

Magotteaux

AIA Engineering

EVRAZ NTMK

Scaw

Litzkuhn & Niederwipper

Gerdau

TOYO Grinding Ball Co.Ltd

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Grinding Media market?

What factors are driving Grinding Media market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Grinding Media market opportunities vary by end market size?

How does Grinding Media break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.