LOS ANGELES, Feb. 28, 2019 (GLOBE NEWSWIRE) -- International high pressure grinding roller market size is estimated to value about USD 605.6 million by 2026. The market is expected to witness a CAGR of 6.2% during the forecasted year.
The Asia Pacific high pressure grinding roller market brought about the most noteworthy market share, representing US$ 102.6 Mn in 2017.
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The elements of the worldwide high weight crushing roller market are liable to factors chiefly identified with the expanding demand for high effectiveness and low emission comminution solutions. Asia Pacific, Europe, and South America overwhelm the high pressure grinding roller market. Also, falling mineral evaluations prompting demand for better comminution arrangements worldwide has prompted the development of the high weight crushing roller market. Because of the progressing depletion of high evaluation mineral bodies, the normal evaluation of metals is falling over the world. Accordingly, despite expanded comminution exercises, the esteem created through acquiring the ideal mineral after the mining procedure is lessening. This has made the working expense of comminution rise.
The global pressure grinding roller market has been classified into power rating, material processed, end-user, and application. Based on power rating, the global pressure grinding roller market are segregated into 2 x 100 kW - 2 x 650 kW, 2 x 650 kW - 2 x 1900 kW, 2 x 1900 kW - 2 x 3700, and 2 x 3700 kW and above. On the basis of material processed, the market is segregated into ferrous metals and ferroalloys processing and non-ferrous metals processing. On the basis of end-user, the market is segregated into cement and ore and mineral processing. Based on application, the global pressure grinding roller market has been classified into diamond liberation, base metal liberation, precious metal beneficiation, and pellet feed preparation. On the basis of region the global pressure grinding roller market is bifurcated into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific.
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The high pressure grinding roller market is affected by market elements with the prime driving component of expanding demand for high proficiency and low emanation comminution arrangements around the world. As far as power rating, the 2 x 1900 kW - 2 x 3700 segment is predicted to pick up the biggest offer with absolute estimation of US$ 208.9 Mn by 2026 at a CAGR of 5.2% yearly. Be that as it may, high evaluating of high pressure grinding rollers is one of the significant difficulties controlling the development of the market. In any case, the market is foreseen to develop because of expanding utilization of high weight crushing rollers in hard rock mining.
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In 2017, in light of power rating, the 2 x 1900 kW - 2 x 3700 portion represented market estimation of about US$ 127.6 Mn in the worldwide high pressure grinding roller market. Demand for this power extend is driven by the requirement for higher power in base metal and valuable metal mining exercises. As far as material prepared, non-ferrous metals handling portion is foreseen to reach US$ 397.8 Mn at a CAGR of 5.6% by 2026. The non-ferrous metals handling portion speaks to a moderately develop market contrasted with the ferrous metals and ferroalloys preparing market. The non-ferrous metals handling fragment is additionally slated to become quicker when contrasted with the ferrous section amid the forthcoming years 2018 – 2026 because of the probability of HPGR's expanded demand from gold, copper, and precious stone mining exercises. As far as application, base metal freedom fragment is foreseen to reach US$ 166.6 Mn at a CAGR of 5.6% by 2026. Base metal freedom is assessed to be the quickest developing section during the estimate time frame because of the developing utilization of HPGRs in ferrous and copper metal mining. As far as end-user, the metal and mineral processing section is foreseen to reach US$ 278.0 Mn by 2026, at CAGR of 5.8%.
The foremost companies operating in the global high pressure grinding roller market are TAKRAF GmbH, CITIC Heavy Industries Co. Ltd., Outotec, FLSmidth, Koppern Group, KHD Humboldt Wedag International AG, Thyssenkrupp, Metso Oyj, The Weir Group PLC, and Cast Steel Products.
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