Grinding Media Industry Report by Regional Category Spend, Price Analysis, Key Demand, Price Indicators, and Best Buying Practices

The global Grinding Media market reached a value of about 9.12 million tonnes in 2021. The industry is projected to grow at a CAGR of around 3.7% in the forecast period of 2022-2027 to reach a value of about 10.95 million tonnes by 2027.

The global Grinding Media industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The growing applications of the process in various end-user industries are driving the market growth. China is the highest category spender by region, driving the demand for the Grinding Media industry.

Industry Definition and Segmentation

Grinding media are the materials that are crushed or ground in a mill to refine material and reduce particle size. It comes in various forms, sizes, and materials, including alumina oxide balls, ceramic cylinders, and soda-lime glass to satisfy multiple grinding and milling requirements. The Grinding Media industry report comprises segments by end-user (mining, cement, and utilities) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and Latin America).

China is Driving the Growth of the Industry

China is the leading region in the industry because the country produces the most cement in the world. Cement manufacture in China accounts for more than half of global cement output, thus making the region a significant contributor to the market.

The market is being driven by applying the process in various end-user industries, including chemical engineering, paper & mill, mineral dressings, etc. Furthermore, the rapid industrialisation and forged steel grinding balls in the manufacturing industry extract valuable raw materials. One of the essential end-user sectors for these Grinding Media is the chemical industry. Chemicals are made from natural materials in an integrated industrial process, such as petroleum refining to make gasoline, chemicals like ethylene glycol, and polymers like polyethylene. Grinding media is used in the cement industry to turn clinker, gypsum, natural gas or coal, limestone, and other materials into portland cement, which is ultimately utilised in propelling industry growth.

Best Procurement Practices

The global Grinding Media industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Grinding Media regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

Grinding media is utilised to finely grind material to a size that permits the contained content to be recovered. It is available in a variety of shapes and sizes, including grinding balls, grinding cylpebs, rods, and even beads. It is used in a variety of sectors, including mining, metallurgy, cement, and power plants. The process is employed extensively in the mining and metallurgical industries, in particular.

Rise in Activities in End-User Industries, Further Propelling the Procurement of Grinding Media

The rise is aiding the industry in mining activities driven by rising commodities demand and diminishing ore head grades. The media is used in power plants to convert coal and other fuels into a finely split condition before combustion to create energy. Coal is ground to various fineness based on its intended purpose of furthering the industry’s expansion. The favourable laws governing lead concentration in magnetic materials are the main reasons driving development.

However, the widespread availability of forged steel ball substitutes such as ceramic balls, high chromium cast irons (HCCIs), and cast steel balls hinders market expansion.

The regional markets for the industry can be divided into North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Key Industry Players Mentioned in the Grinding Media Industry Report

• Magotteaux International S.A.
• Compañía Electro Metalúrgica S.A. Elecmetal S.A.
• Grinding Media South Africa (GMSA)
• Molycop
• AIA Engineering Ltd

Market Landscape

The worldwide grinding media market is quite competitive with multiple well-established industry competitors. To maintain their position in the global market, the leading corporations are acquiring additional grinding media divisions, expanding their operations regionally, and forming significant collaborations.

Key Initiatives by Companies

• Molycop, which includes Comsteel, has signed a long-term Power Purchase Agreement (PPA) with Flow Power, an energy retailer. Offtake agreements with the Bomen Solar Farm and the Sapphire Wind Farm, both in regional NSW, underpin this deal, which runs through December 31, 2030.