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Global Grinding Media Production Was 7082.7 K MT In 2017

12-25-2018 08:33 AM CET | Industry, Real Estate & Construction

Press release from: globalinforesearch

Global Grinding Media Production Was 7082.7 K MT In 2017

New report published by Global Info Research which offers insights on the global Grinding Media market.

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.

Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-grinding-media-market_p49579.html

Global Grinding Media Market: Forecast by Type / Application / Region

The major players in global Grinding Media market include: 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.

On the basis of product, the Grinding Media market is primarily split into: Forged Grinding Media, High Chrome Cast Grinding Media, Others.

On the basis on the end users/applications, this report covers: Mining and Metallurgy, Cement, Power Plant , Others.

In terms of volume, the global Grinding Media Production was 7082.7 K MT in 2017, and it is predicted to reach 12154.0 K MT in 2024, at a CAGR of 5.29%. In 2017, the global Grinding Media market is led by North America, capturing about 54.24% of global Grinding Media production. Europe is the second-largest region-wise market with 9.86% of production share.

The technical barriers of grinding media are relatively not high, resulting in numerous manufacturing enterprises. In the market, there are some relatively large enterprises, such as Moly-Cop,ME Elecmetal, Magotteaux, AIA Engineering,EVRAZ NTMK, Donhad, Scaw, Litzkuhn-Niederwippe, Longteng Special Steel, Dongyuan Steel Ball and FengXing. The price of China products is relatively low due to low-end product. China is the largest producer.

Grinding media have a wide range of application in the industries of mining and metallurgy, cement and power plant etc. especially in mining &metallurgy industry, the consumption of the application occupied about 84% share of total amount. The demand for grinding media is expected to continue increasing during the remaining years of the forecast period of 2018-2024. Grinding media industry will usher in a stable growth space.

In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Grinding Media production will show a trend of steady growth. In 2024 the production value of Grinding Media is estimated to be 11 Billion USD.

Ask for Discount on Research Report and Request Sample Copy of Report@
https://www.globalinforesearch.com/global-grinding-media-market_p49579.html

Related Information:
United States Grinding Media Market 2018 Forecast to 2023
Europe Grinding Media Market 2018 Forecast to 2023
North America Grinding Media Market 2018 Forecast to 2023
Asia-Pacific Grinding Media Market 2018 Forecast to 2023
China Grinding Media Market 2018 Forecast to 2023
EMEA Grinding Media Market 2018 Forecast to 2023
Global Grinding Media Market 2018 Forecast to 2023

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