High Pressure Grinding Roller Market Expected to Reach $701.1 Million by 2031

According to a new report published by Allied Market Research, titled, "High Pressure Grinding Roller Market," The high pressure grinding roller market size was valued at $399 million in 2021, and is estimated to reach $701.1 million by 2031, growing at a CAGR of 5.8% from 2022 to 2031.

𝙂𝙚𝙩 𝙞𝙣𝙨𝙞𝙙𝙚 𝙎𝙘𝙤𝙤𝙥 𝙤𝙛 𝙩𝙝𝙚 𝙧𝙚𝙥𝙤𝙧𝙩, 𝙧𝙚𝙦𝙪𝙚𝙨𝙩 𝙛𝙤𝙧 𝙨𝙖𝙢𝙥𝙡𝙚: - https://www.alliedmarketresearch.com/request-sample/605

The high-pressure grinding roll has established itself in various industries. High-pressure grinding rolls has been leading the way for the use of HPGR in the non-ferrous metals mining industry. In comminution circuits of the cement and diamond industry, HPGR has become a standard grinding tool. The HPGR comminution occurs in a bed of particles between two counter-rotating rolls where only a limited amount of the ore is in contact with the rolls. The particles break each other in a restricted space with no opportunity to move or escape.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁

Major driving factors of the high-pressure grinding roller market are extensive increase in investments by governments, majorly in developing countries on cement and ore & mineral processing industries. The main objective for the use of HPGR was the significant energy savings achievable. They are also being used by diamond mines and for the communition of coal as well as for the grinding of slag, iron and chromium concentrates. Moreover, in comparison with conventional crushing and grinding equipment, the high-pressure grinding roll can reduce breakage size from 10-20mm down to 3mm or below, thus leading to less energy consumption for grinding process.

High pressure grinding roller is used for size reduction of ores, minerals and rocks. It compresses the feed material between two rotating rollers, one of which floats and other one remains in a fixed position. HPGR is mainly used in pellet feed to increase the specific surface area of the particles, to allow for strong pellets. This is in contrast to normal comminution applications, where size reduction is the main purpose. In pellet feed application, HPGR competes with dry ball mills, which consume more energy. HPGRs are commonly used in cement, ore and mineral processing industry.

Moreover, rise in investments in mineral and mining sectors is expected to create growth opportunity for HPGR market. In May 2022, for instance, government of Saudi Arabia announced $32bn investment in mining and minerals sector. These factors are anticipated to accelerate the growth of the global high pressure grinding roller (HPGR) market during the forecast period.

𝙈𝙖𝙠𝙚 𝙖 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙄𝙣𝙦𝙪𝙞𝙧𝙮: - https://www.alliedmarketresearch.com/purchase-enquiry/605

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗢𝘂𝘁𝗹𝗼𝗼𝗸

In 2021, Asia-Pacific dominated the global high pressure grinding roller market and accounted majority of the high pressure grinding roller market share in terms of revenue. Moreover, the market in Asia-Pacific is growing with high CAGR, owing to expansion of mining, mineral processing, and cement sectors in developed countries such as, China and Japan. Mineral production in India showed a growth of 7.5% in June this year, according to latest data of index of Mineral Production of Mining and Quarrying Sector for June 2022. Such factors accelerate the high pressure grinding roller market growth.

The major factors driving the growth of the high pressure grinding roller market include the increasing demand for energy-efficient grinding equipment and the growing number of mining and metallurgical projects across the globe. Furthermore, the rising demand for higher quality products and the increasing focus on reducing production costs are expected to drive the market further. Additionally, the increasing adoption of HPGR in the cement industry due to its superior grinding efficiency is also expected to propel the growth of the market.

𝗧𝗵𝗲 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀

The major players in the high pressure grinding roller market include Metso Corporation, The Weir Group plc., Koppern Group, CEMTEC AG, FLSmidth & Co. A/S, ThyssenKrupp AG, and TAKRAF GmbH. These companies are continuously focusing on expanding their product portfolio and increasing their market share through strategic collaborations and partnerships.

𝙏𝙤 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙩𝙝𝙞𝙨 𝙋𝙧𝙚𝙢𝙞𝙪𝙢 𝙍𝙚𝙥𝙤𝙧𝙩: - https://www.alliedmarketresearch.com/checkout-final/886a509d70d7880a0221c5ac1580a218

𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗥𝗲𝘃𝗶𝗲𝘄

Furthermore, on the basis of end user, the ore & mineral processing segment registered highest revenue in the market in 2021, and is expected to grow with high CAGR during the forecast period. Ores output from HPGR are with high ratio of fine particle, and the internal of the ore will have a lot of micro cracks. The micro cracks in the ores made by HPGR significantly improve the ore grinding efficiency, increase the mineral liberation degree, improve the flotation performance, and increase the recovery ratio of final concentrate ores. All such factors are expected to drive the high-pressure grinding roller market growth.

However, during the COVID-19 pandemic, various manufacturers in the high-pressure grinding roller market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of high-pressure grinding roller companies. In addition, lack of manpower and raw materials also constricted supply of equipment of high-pressure grinding roller system, which negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of high-pressure grinding roller companies.

In conclusion, the high pressure grinding roller market is expected to witness a significant rise during the forecast period. The increasing demand for energy-efficient grinding equipment and the growing number of mining and metallurgical projects in developing countries are expected to drive the market growth. Additionally, the increasing adoption of HPGR in the cement industry due to its superior grinding efficiency is also expected to propel the market further. The major players in the market are focusing on expanding their product portfolio and increasing their market share through strategic collaborations and partnerships.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.