Distributed into commercial grinding media for others and self-produced grinding media, the niche market focused on supplying media to crush or grind minerals, cement and more is seeing some regional shifts in last few years. With China leading worldwide grinding media market by being the biggest, Australian grinding media industry is seeing interesting developments aiming to fill gaps while creating healthy competitive global scenario. India is also exporting grinding media balls to countries like South Africa, Canada and Spain creating newer regional opportunities.
Segmented by forms, size, composition and manufacturing processes, the grinding media market has companies specializing in one, multiple or all of these products and service offerings targeting the end-users and their applications. Products like grinding balls, rods and beads are now being supported by these players with services of grinding media sorting, ball loading equipments and more, thus making their offerings comprehensive.
Until a couple of years back, China controlled more than half of the worldwide grinding media production capacity. This also makes China a huge exporter in grinding media market. Cast balls lead the Chinese production of grinding media, not only for their worldwide demand but also for China’s own industries need this product type. Forged balls dominate the other geographies across the globe. Driven by the trends of environmental impact, its functionality and of course pricing, the grinding media market is seeing major changes from manufacturers’ viewpoints. Mining (Iron ore mining leads), thermal power and cement industries utilize grinding media products at large and are changing their choices based on these trends coming up via end-users’ demand as well as government measures. Across the globe, there are companies in single digit that dominate the grinding media market production while China has several players resulting in excess domestic capacity. With some of these Chinese players obviously turning to global markets, the worldwide grinding media market may see tough competition in pricing, though quality concerns will remain as far as Chinese products are concerned.
On these lines, the Global Grinding Media Industry 2016 Market Research Report available with eMarketOrg.com offers it’s readers critical insights that help take business decisions based on factual data. Spread across 153 pages and supported with 161 data tables and figures, this grinding media market report profiles companies like Magotteaux, Arrium Limited, Energosteel, Scaw Metals Group, TOYO Grinding Ball Co.Ltd, Metso, AIA Engineering, Union Process, The Steel Ball Company, Balls & Cylpebs Ltd., Technocon Engineers and FOX Industries. Read more at http://emarketorg.com/pro/global-grinding-media-industry-2016-market-research-report/ .