Market size in 2024 | US$ 983.5 million |
Forecast Market size by 2030 | US$ 1.29 billion |
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Growth Rate | CAGR of 4.6% | Number of Pages | 205 Pages |
The Asia Pacific Grinding Media market size was valued at US$ 983.5 million in 2024 and is projected to reach US$ 1.29 billion by 2030, at a CAGR of 4.6% during the forecast period 2024-2030.
Grinding media are hard, abrasion-resistant materials used in ball mills and other grinding equipment to crush, grind, or mix materials in mining, cement, and various industrial processes.
The Asia Pacific grinding media market is growing steadily, driven by the region's robust mining and cement industries. China accounts for 40% of the market, followed by Australia at 20% and India at 15%. In 2023, the mining sector consumed 60% of total production, with cement at 25% and other industries at 15%. The market experienced an 8% growth in demand for high-chrome grinding media due to its superior wear resistance.
Key players include Moly-Cop (Australia) and Magotteaux (Belgium), collectively holding a 45% market share in the region. The industry is investing in advanced materials, with a 15% increase in R&D spending on ceramic-metal composite grinding media in 2023. Challenges include rising energy costs and environmental concerns, leading to a 10% focus on developing energy-efficient grinding solutions.
The trend towards larger grinding mills has driven a 12% increase in demand for larger diameter grinding balls. The market is benefiting from infrastructure development in emerging economies, with a 18% rise in cement production capacity driving grinding media consumption.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Grinding Media . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Grinding Media , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Grinding Media , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grinding Media . This report contains market size and forecasts of Grinding Media in Asia Pacific, including the following market information:
We surveyed the Grinding Media manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Report Attributes | Report Details |
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Report Title | Asia Pacific Grinding Media Market Research Report 2024-2030 |
Market size in 2024 | US$ 983.5 million |
Forecast Market size by 2030 | US$ 1.29 billion |
Growth Rate | CAGR of 4.6% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 205 Pages |
Customization Available | Yes, the report can be customized as per your need. |
1.1 Product Overview and Scope of Grinding Media
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Forged Grinding Media
1.2.3 High Chrome Cast Grinding Media
1.2.4 Other Cast Grinding Media
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Mining and Metallurgy
1.3.3 Cement
1.3.4 Power Plant
1.3.5 Others
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 AIA Engineering Ltd.
8.1.1 AIA Engineering Ltd. Corporation Information
8.1.2 AIA Engineering Ltd. Product Portfolio
8.1.3 AIA Engineering Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 AIA Engineering Ltd. Main Business and Markets Served
8.1.5 AIA Engineering Ltd. Recent Developments/Updates
8.2 TOYO Grinding Ball Co.,Ltd.
8.2.1 TOYO Grinding Ball Co.,Ltd. Corporation Information
8.2.2 TOYO Grinding Ball Co.,Ltd. Product Portfolio
8.2.3 TOYO Grinding Ball Co.,Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 TOYO Grinding Ball Co.,Ltd. Main Business and Markets Served
8.2.5 TOYO Grinding Ball Co.,Ltd. Recent Developments/Updates
8.3 Magotteaux
8.3.1 Magotteaux Corporation Information
8.3.2 Magotteaux Product Portfolio
8.3.3 Magotteaux Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Magotteaux Main Business and Markets Served
8.3.5 Magotteaux Recent Developments/Updates
8.4 ME Long Teng Grinding Media
8.4.1 ME Long Teng Grinding Media Corporation Information
8.4.2 ME Long Teng Grinding Media Product Portfolio
8.4.3 ME Long Teng Grinding Media Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 ME Long Teng Grinding Media Main Business and Markets Served
8.4.5 ME Long Teng Grinding Media Recent Developments/Updates
8.5 Scaw Metals Group
8.5.1 Scaw Metals Group Corporation Information
8.5.2 Scaw Metals Group Product Portfolio
8.5.3 Scaw Metals Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Scaw Metals Group Main Business and Markets Served
8.5.5 Scaw Metals Group Recent Developments/Updates
8.6 Jinan Huafu Forging Joint-Stock Co.,ltd.
8.6.1 Jinan Huafu Forging Joint-Stock Co.,ltd. Corporation Information
8.6.2 Jinan Huafu Forging Joint-Stock Co.,ltd. Product Portfolio
8.6.3 Jinan Huafu Forging Joint-Stock Co.,ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Jinan Huafu Forging Joint-Stock Co.,ltd. Main Business and Markets Served
8.6.5 Jinan Huafu Forging Joint-Stock Co.,ltd. Recent Developments/Updates
8.7 Jinan Xinte Casting and Forging Co., Ltd.
8.7.1 Jinan Xinte Casting and Forging Co., Ltd. Corporation Information
8.7.2 Jinan Xinte Casting and Forging Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Jinan Xinte Casting and Forging Co., Ltd. Main Business and Markets Served
8.7.4 Jinan Xinte Casting and Forging Co., Ltd. Recent Developments/Updates
8.8 Shandong Huamin Steel Ball Joint-stock Co., Ltd.
8.8.1 Shandong Huamin Steel Ball Joint-stock Co., Ltd. Corporation Information
8.8.2 Shandong Huamin Steel Ball Joint-stock Co., Ltd. Product Portfolio
8.8.3 Shandong Huamin Steel Ball Joint-stock Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Shandong Huamin Steel Ball Joint-stock Co., Ltd. Main Business and Markets Served
8.8.5 Shandong Huamin Steel Ball Joint-stock Co., Ltd. Recent Developments/Updates
8.9 Ningguo Dongfang Wear-Resistant Material Co.,Ltd
8.9.1 Ningguo Dongfang Wear-Resistant Material Co.,Ltd Corporation Information
8.9.2 Ningguo Dongfang Wear-Resistant Material Co.,Ltd Product Portfolio
8.9.3 Ningguo Dongfang Wear-Resistant Material Co.,Ltd Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Ningguo Dongfang Wear-Resistant Material Co.,Ltd Main Business and Markets Served
8.9.5 Ningguo Dongfang Wear-Resistant Material Co.,Ltd Recent Developments/Updates
8.10 Anhui Ruitai New Materials Technology Co., Ltd.
8.10.1 Anhui Ruitai New Materials Technology Co., Ltd. Corporation Information
8.10.2 Anhui Ruitai New Materials Technology Co., Ltd. Product Portfolio
8.10.3 Anhui Ruitai New Materials Technology Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Anhui Ruitai New Materials Technology Co., Ltd. Main Business and Markets Served
8.10.5 Anhui Ruitai New Materials Technology Co., Ltd. Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Grinding Media
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?