High pressure grinding rolls (HPGR) are used for size reduction of ores and rocks. They compress the feed material between two rotating rollers, in which one of them is in fixed position and another is in floating. HPGR has found applications typically in diamond extraction. HPGR is being widely used typically in the cement, iron ore, diamond, and briquette sectors. Mining products such as metals are obtained thorough processing of materials extracted from the earth. Moreover, it is a highly energy-efficient technology and involves short-term exposure of raw materials such as iron ore to very high pressure.
The global pressure grinding roller (HPGR) market was valued at US$ 377.5 Mn in 2021.
Market Dynamics
The global high pressure grinding roller (HPGR) market is expected to witness a rapid growth over the forecast period (2022-2030). This is owing to increase in its adoption in the mining and cement industry. Considering the overall mining process, grinding consumes majority of the energy. Thus, key players in the mining sector are adopting high pressure grinding roller (HPGR) due to low power consumption provided by the HPGR. Further, HPGR can also easily upgrade with existing equipment.
In the recent past, operational cost and energy cost in the mining sector also rapidly growing. For instance, according to Coherent Market insights analysis, US electricity prices were increased by around 3.1% during the span of 2018-2019, which resulted into increases in the overall electricity cost in the industry. Thus, to reduce the operational and electricity cost, mining industries are expected to adopt the high pressure grinding roller (HPGR) system during the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the Global Pressure Grinding Roller (HPGR) Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the Global Pressure Grinding Roller (HPGR) Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered in the Global Pressure Grinding Roller (HPGR) Market are FLSmidth & Co. A/S, Metso Oyj, Koppern Group, CITIC Heavy Industries Co. Ltd. (CITIC HIC), ThyssenKrupp Industrial Solutions AG (Polysius AG), SGS S.A., KHD Humboldt Wedag International AG, Outotec Oyj, and ABB Ltd.
- The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Insights from this report would allow marketers and management authorities of companies to make an informed decisions regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The Global Pressure Grinding Roller (HPGR) Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Pressure Grinding Roller (HPGR) Market.
Detailed Segmentation
- Global High Pressure Grinding Roller (HPGR) Market, By Product Type:
- Diamond Liberation
- Base Metal Liberation
- Precious Metal Beneficiation
- Pellet Feed Preparation
- Global High Pressure Grinding Roller (HPGR) Market, By Function:
- 2 x 100 kW – 2 x 650 kW
- 2 x 650 kW – 2 x 1,900 kW
- 2 x 1,900 kW – 2 x 3,700 kW
- 2 x 3,700 kW and above
- Global High Pressure Grinding Roller (HPGR) Market, By End User:
- Global High Pressure Grinding Roller (HPGR) Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- FLSmidth & Co. A/S.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Metso Oyj
- Koppern Group
- CITIC Heavy Industries Co. Ltd. (CITIC HIC)
- ThyssenKrupp Industrial Solutions AG (Polysius AG)
- SGS S.A.
- KHD Humboldt Wedag International AG
- Outotec Oyj
- ABB Ltd.