Forged Steel Grinding Media Market Size By Type (Forged Steel Grinding Ball and Forged Steel Grinding Cylpeb), By Application (Thermal Power Plant, Mineral Dressing, Chemical Engineering, and Others), By Geographic Scope And Forecast
Forged Steel Grinding Media Market Size And Forecast
Forged Steel Grinding Media Market was valued at USD 5.68 Billion in 2019 and is projected to reach USD 7.88 Billion by 2027, growing at a CAGR of 4.97% from 2020 to 2027.
Global Forged Steel Grinding Media Market Overview
The significant growth of the global forged steel grinding media market is driven by several factors, such as a wide range of applications of grinding media in several industries, including chemical engineering, paper ; mill, and mineral dressings and emerging markets in the Asia Pacific. The growing manufacturing industry in the Asia Pacific due to rapid industrialization and the use of forged steel grinding balls in the manufacturing industry to extract precious raw materials are accelerating the demand for forged steel balls.
Global Forged Steel Grinding Media Market: Segmentation Analysis
The Global Forged Steel Grinding Media Market is segmented on the basis of type, application, and geography.
Key Players inGlobal Forged Steel Grinding Media Market
The major players in the market are:
- ME Elecmetal
- Shandong Jinchi Heavy Industry Joint-stock Co., LTD
- AIA Engineering Ltd.
- Shandong Huamin Steel Ball Joint-stock Co., LTD
- Taian City Taishan Steel Ball Factory
- Oriental Casting and Forging Co., Ltd
- LongTeng Special Steel Co., Ltd
- Shandong Shengye Grinding Ball Co., Ltd
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