Due to increased adoption in the cement and mining industries, the global High Pressure Grinding Roll (HPGR) market will experience a strong growth. Companies dealing in the mining industry will focus their efforts on energy-efficient solutions to improve their workflow, as grinding is the main energy consumer in the entire mining process.
Market growth is expected to be driven by the increasing cost of operations due to rising energy costs and mining taxes. Hard rock mining is a growing market for HPGRs. The use of wear abatement technology in HPGR has allowed for the successful implementation in extremely rough ores.
North America High Pressure Grinding Roll Market by Application, 2012-2022 (USD Million).
HPGR is a flexible crushing solution that can be used for both new and upgraded installations in the mining and construction industries. It is also a highly efficient technology for comminution, and allows the short-term exposure to raw materials like iron ore to very high pressure.
The market growth for high pressure grinding rollers is restricted by environmental regulations, such as the Surface Mining Control and Reclamation Act 1977.
You can segment the HPGR market based on power rating: 2x100 kW – 2x650 kW; 2x650 kW- 2x 1,900kW; 2x1,900 kW- 2x 1,900kW; 2x 1,900kW – 2x3,700 kW and 2x3,700 kW. 2 x 1,900kW - 2x 3,700kW power rating segment is expected to see significant growth. It is projected that it will reach 37.1% in 2022 (in terms revenue). The 2 x 1,900kW - 2x 3,700kW segment is expected to grow due to increased adoption at large mining sites and lower ore grades.
Rollers are used in smaller mining projects to achieve energy efficiency and drive the demand for the 2 x 100- 2 x 653 kW segment.
This industry is divided by application, such as base metal liberation and diamond liberation, feed preparation and precious metal beneficiation. Majorly, the HPGRs are used in iron ore mines. The HPGR can be used as a combination with ball mills, or as a stand-alone grinding device. It offers benefits such as improved throughput and fineness in the final product for iron ore pellet feed preparation. Due to the HPGR's ability to liberate large, rare, and high-valued diamonds with minimal damage, it is expected to experience tremendous growth.
Many industrial and commercial uses for base metals like copper, zinc, lead, and copper are possible. Copper is a common base metal used in infrastructure and electrical applications. Nickel and zinc are used for iron ore extraction, refining and refining. Due to its emotional, financial, and cultural value, the demand for gold will grow. This market offers significant opportunities for technology in precious metals mining.
Market segments by type include ferrous metal and ferroalloys and non-ferrous mineral processing. Non-ferrous metals are precious metals like silver, gold, copper, which require an optimal extraction index. The HPGR technology allows for a lower power requirement, throughput optimization and increased availability. It also reduces wearability in nonferrous metal processing.
Over the forecast period, the non-ferrous minerals processing sector is expected to be a major type. This segment was valued at USD 193.9 millions in 2015 and is forecast to grow at a CAGR 5.9% during the forecast period. The extraction of ferrous metals and ferroalloys from iron and its minerals, such as ferrochromes, ferronickels, ferrochromes, ferronickels, ilmenite and ferroniobium, is called ferroalloys or ferroalloys. Non-ferrous metals such as silver, gold and platinum are extracted during mineral processing.
In 2015, the Asia Pacific high pressure grinding roll market was responsible for more than 30% of overall revenue. Over the next seven-years, this region will continue to be a key market opportunity. This growth will be driven mainly by infrastructure development and manufacturing activities, as well as the growing mining activities in China and Australia. China is expected to be the main driver of gold mining activities in the future.
Due to high labor costs and taxes, the mining industry could see an increase in operating costs. These factors could impact the demand for HPGR within the Asia Pacific region. Asia Pacific region growth is expected to be aided by the expansion of Brownfield iron mines and increased Greenfield mining activities.
ABB Ltd., FLSmidth & Co. A/S, SGS S.A, KHD Humboldt, Koppern Group, Metso Oyj, Outotec Oyj, ThyssenKrupp industrial solutions AG (Polysius AG) and CITIC Heavy Industries, Co., Ltd. Metso Oyi's HRC can be used to crush hard rock with a low moisture content. This product can be used for many purposes, including iron ore, diamonds, copper, gold, molybdenum and other industrial minerals. ABB Ltd. provides variable-speed drive systems that offer high throughput, operational flexibility and minimize roller wear. It also ensures low capital and operational costs.
Thyssenkrupp Industries Solutions AG is committed to providing customers with benefits like high throughput, low operating costs, quick delivery and commissioning times, as well as metallurgical advances. These factors help the company to strengthen its position in the HPGR market.
Up Market Research published a new report titled “High Pressure Grinding Roller (HPGR) Market research report which is segmented by Power Rating (2 x 3,700 kW, 2 x 100 kW – 2 x 650 kW, 2 x 650 kW – 2 x 1,900 kW, above, 2 x 1,900 kW – 2 x 3,700 kW), by Application (Diamond Liberation, Precious Metal Beneficiation, Pellet Feed Preparation, Base Metal Liberation), by Type (Ferroalloys Processing, Ferrous Metals, Non-Ferrous Minerals Processing), By Players/Companies K¶ppern Group, Ltd (CITIC HIC)
Metso Oyi’s HRC is used for crushing hard rock with relatively low moisture content This product is used in various applications such as iron ore, Co, ThyssenKrupp Industrial Solutions AG (Polysius AG), gold, Metso Oyj, Outotec Oyj, CITIC Heavy Industries, ABB Ltd, SGS SA, minimizes roller wear, industrial minerals ABB Ltd offers variable-speed drive system and provides a high throughput, ensures the lowest operational and capital cost, molybdenum, diamond, platinum, operational flexibility, FLSmidth & Co A/S, KHD Humboldt, copper”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | High Pressure Grinding Roller (HPGR) Market Research Report |
By Power Rating | 2 x 3,700 kW, 2 x 100 kW – 2 x 650 kW, 2 x 650 kW – 2 x 1,900 kW, above, 2 x 1,900 kW – 2 x 3,700 kW |
By Application | Diamond Liberation, Precious Metal Beneficiation, Pellet Feed Preparation, Base Metal Liberation |
By Type | Ferroalloys Processing, Ferrous Metals, Non-Ferrous Minerals Processing |
By Companies | K¶ppern Group, Ltd (CITIC HIC) Metso Oyi’s HRC is used for crushing hard rock with relatively low moisture content This product is used in various applications such as iron ore, Co, ThyssenKrupp Industrial Solutions AG (Polysius AG), gold, Metso Oyj, Outotec Oyj, CITIC Heavy Industries, ABB Ltd, SGS SA, minimizes roller wear, industrial minerals ABB Ltd offers variable-speed drive system and provides a high throughput, ensures the lowest operational and capital cost, molybdenum, diamond, platinum, operational flexibility, FLSmidth & Co A/S, KHD Humboldt, copper |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 213 |
Number of Tables & Figures | 150 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Power Rating (2 x 3,700 kW, 2 x 100 kW – 2 x 650 kW, 2 x 650 kW – 2 x 1,900 kW, above, 2 x 1,900 kW – 2 x 3,700 kW), by Application (Diamond Liberation, Precious Metal Beneficiation, Pellet Feed Preparation, Base Metal Liberation), by Type (Ferroalloys Processing, Ferrous Metals, Non-Ferrous Minerals Processing).
High Pressure Grinding Roller (HPGR) Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the High Pressure Grinding Roller (HPGR) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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