Global Mill Liner Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Mill Liner Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

A Mill Liner is used to protect the mill cylinder from direct impact and friction between the grinding body and materials. At the same time, Mill Liner can also use different forms of mill lining plates to adjust the movement state of the grinding body to enhance the crushing effect of the grinding body on materials. This helps to improve the grinding efficiency of the mill, increase output, and reduce consumption.

Market Overview:

The latest research study on the global Mill Liner market finds that the global Mill Liner market reached a value of USD 3071.35 million in 2023. It’s expected that the market will achieve USD 3851.3 million by 2029, exhibiting a CAGR of 3.84% during the forecast period.

Bradken Investing $12 Million In Capacity Expansion For Bassendean Manufacturing Site

August 16th, 2023

Bradken has confirmed a $12 million investment in its manufacturing site at Bassendean, Western Australia, designed to meet demand for fixed plant wear solutions from its Australian mining customers.

Coming online in a phased approach over the next two years, the expansion will increase the site’s capacity for rotable chute manufacture and refurbishments by 50% as well as wear plate liner production and is expected to create more than 70 new local jobs.

Amanda McNaughton, Executive General Manager Operations for Bradken, said the project was a key step in the company’s growth strategy.

The project is expected to be fully completed by April 2025 with additional capacity progressively being brought online from early next year.

Market Drivers

1.Development of the mining industry.
In the mining industry, especially mills (including ball mills, autogenous mills and semi-autogenous mills), cylindrical screens and other equipment that are widely used in grinding processes, their operation requires the internal grinding media and ores to be driven. Continuous rotation at a certain number of revolutions consumes a lot of power. The production capacity of mineral processing enterprises is usually determined by the production capacity of the grinding process. The performance and quality of mill liners have a significant impact on the production efficiency and energy efficiency of mining companies.

2.Development of the metal casting industry.

Metal casting is a highly modern industry with ancient roots and is the backbone of the manufacturing economy. The industry is vital to economic growth, modern infrastructure, and defense. Furthermore, metal casting offers a good career to those with the right skills. It’s a $50 billion industry that supports nearly 490,000 U.S. jobs.
Grinding is an important part of the metal casting process, so a diverse Mill Liner is a necessity to achieve production. The extensive growth of the metal casting industry across the globe has increased the application of Mill Liner products, thereby promoting the development of the industry.

Market Challenges Analysis

1.Product installation and performance challenges.

There are challenges with the successful deployment of Mill Liner at multiple nodes. Excessive mill downtime is an important cause of profit loss. However, the Mill Liner is susceptible to wear and must be replaced at regular intervals. Therefore, the Mill Liner needs to be installed and uninstalled correctly, quickly, and safely, which is often complex and challenging.

2.Competition in the industry is fierce.

International companies face global market competition and respond to the competitive pressure brought about by the development of local companies and other multinational companies. As downstream demand grows and technology advances, competition in the industry becomes more intense. If it cannot cope with the fierce market competition well, it will have an adverse impact on the company's operating performance and profit levels.

Emerging Market Trends

1.Sustainable development of mining, metal casting and other industries.
Enable the sustainable and efficient delivery of natural resources critical to creating a better future for the world. The technology of mining equipment is at the heart of key processes in mines around the world. They ensure a sustainable and efficient supply of vital natural resources and achieve the productivity and sustainability goals needed for a low-carbon future.

2.Extend from products to services.

Today, the Mill Liner enterprise is developing in a diversified direction, integrating R&D, production, sales and service. For Mill Liner products, the company not only manufactures and sells products but also extends from products to services, providing Mill Liner installation, replacement, maintenance, overhaul and other services.

Region Overview:

APAC had the highest growth rate of all regions
In 2022, the share of the Mill Liner market in Latin America stood at 39.07%.

Company Overview:

1.Metso

Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. Metso improve customers’ energy and water efficiency, increase their productivity, and reduce environmental risks with the product and process expertise. Metso’s offering for aggregates customers includes crushers, screens, and feeders, fixed and mobile screening plants, track-mounted equipment, spare and wear parts and services.

2.Me Elecmetal

Me Elecmetal are a global company with more than 100 years of experience as a supplier and strategic partner in the mining industry. Me Elecmetal are known for always being at the forefront of innovation and technology, with the aim of providing new and better end-to-end solutions to customers around the world, exceeding their expectations.

Metso is one of the major players operating in the Mill Liner market, holding a share of 28.30% in 2023.

Metso, Me Elecmetal, Bradken, Tega Industries, Growth are the five key players in the global Mill Liner market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Mill Liner market in the past 5 years.

Segmentation Overview:

Metal Mill Liner
Metal Mill Liners are the most widely used type of mill lining and are typically made from high-strength steel alloys such as manganese steel, chromium steel, or nickel-hardened steel. These Mill Liners are strong, durable, abrasion and impact-resistant, making them suitable for high-wear applications such as grinders.

Rubber Mill Liner

Rubber Mill Liner is another popular type of Mill Liner used in grinders. They are typically made from natural or synthetic rubber and offer several advantages over Metal Mill Liners, including better shock absorption, reduced noise levels, and improved grinding efficiency.

Composite Mill Liner

Composite Mill Liners are made from a combination of materials such as rubber and steel or rubber and ceramic to provide a stronger and more durable liner with the benefits of both materials. Composite Mill Liner is known for its excellent wear resistance, impact resistance, and energy absorption capabilities.

Others

Others include magnetic Mill Liner and polyurethane Mill Liner. The Magnetic Mill Liner is a relatively new type of liner that uses magnetic fields to hold the grinding media in place. These liners are usually made of ferromagnetic materials. Polyurethane Mill Liner is made of polyurethane.

The Composite Mill Liner segment by type showed a value growth of 7.95% in 2022.
Among different product types, Metal Mill Liner segment is anticipated to contribute the largest market share in 2028.

Application Overview:

Cement Industry
The goal of the cement industry is to manufacture cement. Limestone, clay and other raw materials are ground into fine powder, called raw meal. The raw meal is sintered in a cement kiln and becomes clinker. Clinker is ground into a fine powder in a cement mill and mixed with gypsum to make cement.

Mining

Mining is the process of extracting useful materials from the earth. Some examples of mined substances include coal, gold, or iron ore. Ore is usually relatively large in size and mixed with unwanted materials. By grinding the ore, valuable minerals are separated from the gangue so that they can be concentrated and extracted. Grinding is usually done in a grinder, which is a large rotating cylinder or drum.

Thermal Power

Thermal power generation is a power generation method that utilizes the thermal energy generated when solid, liquid, and gaseous fuels such as coal, oil, and natural gas are burned, and converts it into electrical energy through a power generation device. The basic process of this power generation method is: the fuel is burned in the boiler, and its heat is released and transferred to the water in the boiler, thereby generating high-temperature and high-pressure steam; the steam passes through the steam turbine and converts the heat energy into rotational power to drive the generator output electrical energy. In the thermal power generation process, coal grinding machines are mainly used in the coal grinding process of the combustion system. In this process, coal is ground into extremely fine particles by a coal mill for efficient combustion in the boiler furnace.

Metal Casting

Metal casting is a process in which metal is smelted into a liquid that meets certain requirements and poured into a mold. After cooling, solidification, and cleaning, casting with a predetermined shape, size, and performance is obtained. Because the casting blanks are nearly formed, in addition to mass production of cast iron and cast steel, they are also used to produce large machine tool beds, rolling stock leaf springs, large gears, military weapons, etc. In the metal casting process, the grinding mill is mainly used to grind and polish castings to remove burrs and unevenness on the surface to make the castings smoother and more beautiful.

By application, the Mining segment occupied the biggest share from 2019 to 2023.

Key Companies in the global Mill Liner market covered in Chapter 3:

Uralcem
Metso
Multotec
Teknikum
Growth
Tega Industries
Polycorp
Fengxing
Honyu Material
Rema Tip Top
NAIPU MINING MACHINERY CO., LTD
Flsmidth
Weir Group
AIA
Me Elecmetal
Bradken
Magotteaux

In Chapter 4 and Chapter 14.2, on the basis of types, the Mill Liner market from 2019 to 2030 is primarily split into:

Metal Mill Liner
Rubber Mill Liner
Composite Mill Liner
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mill Liner market from 2019 to 2030 covers:

Cement Industry
Mining
Thermal Power
Metal Casting

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)