Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Market Overview

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 provides flexible crushing solutions as it is suitable for both new installations and upgrades in the mining and construction industry. Moreover, it is a highly energy-efficient technology for comminution and involves short-term exposure of raw materials such as iron ore to very high pressure. This pressed material can be directly fed to a ball mill of a particular size, thereby making it possible to reduce the specific power consumption of the entire mill system and to increase the throughput of the ball mill. HPGRs are expected to replace semi-autogenous (SAG) mills and ball mills in due course of time.

The global high pressure grinding roller (HPGR) market is estimated to account for US$ 547.6 Mn in terms of value by the end of 2027.

Market Dynamics- Drivers

  1. Increasing demand for high-efficiency and low emission comminution solutions is expected to drive growth of the global press grinding roller (HPGR) market during the forecast period

Comminution is the reduction of solution materials from the average particle size to smaller particle sizes. It is done by crushing, grinding, cutting, vibrating, or other processes. Comminution is the highest energy-consuming process in mining activities. According to the Coalition for Eco-Efficient Commination (CEEC), the grinding and crushing process alone consumes an average of 53% of the total energy consumed on the mining site and accounts for more than 10% of the total mining cost. Currently, mineral processing plants are operating below the optimal energy efficiency levels and hence are exposed to increased costs related to high energy consumption and carbon constraints, which is the amount of carbon emitted in the environment. As a result of this, mining industry is compelled to adopt novel technologies such as HPGR. It offers increased finesses and reduces the downstream energy requirements in ball mining and macro-cracking. Therefore, these factors are expected to drive growth of the market during the forecast period.

  1. Declining ore grades are expected to propel the global high pressure grinding roller market growth over the forecast period

The average grade of ores is declining worldwide, owing to continuous exhaustion of high-grade ore bodies. Besides this, the value generated by obtaining the desired mineral after mineral processing is declining. As a result of this, the operating cost has increased, while at the same time, cost of commodities and minerals has not increased in a similar proportion. HPGR offers better solution to these challenges, providing better output. Hence, these factors are expected to propel the global high pressure grinding roller (HPGR) market growth over the forecast period. 

Statistics:

APAC held dominant position in the global high pressure grinding roller (HPGR) market in 2019, accounting for 33.3% share in terms of value, followed by North America, Europe, and Row respectively.

Figure 1: Global High Pressure Grinding Roller (HPGR) Market Share (%), in terms of Value, By Region, 2019

High Pressure Grinding Roller (HPGR)  | Coherent Market Insights

Market Dynamics- Restraints

  1. High capital cost associated with HPGR is expected to restrain growth of the global high pressure grinding roller (HPGR) market during the forecast period

Installing HPGR system requires a significant capital investment. It has been observed that HPGRs can lead to increased material handling and it also generates increased quantity of dust. Thus, these factors are expected to restrain growth of the global high pressure grinding roller (HPGR) market during the forecast period. 

  1. Constant maintenance is expected to hinder the global high pressure grinding roller (HPGR) market growth over the forecast period

Although HPGR system offers numerous advantages, it still requires frequent maintenance and repair operations. Furthermore, frequent maintenance and repair operations can increase the overall cost of the entire system, which in turn, is expected to hinder the global high pressure grinding roller (HPGR) market growth in the near future.

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High Pressure Grinding Roller (HPGR) Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 345.0 Mn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 6.2% 2027 Value Projection: US$ 547.6 Mn
Geographies covered:
  • North America: U.S., Canada
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, Rest of Asia Pacific
  • Middle East and Africa: Brazil, Argentina, Mexico, GCC Countries, Israel, South Africa, North Africa, Central Africa, Rest of the World.
Segments covered:
  • By Application: Diamond Liberation, Base Metal Liberation, Precious Metal Beneficiation, Pellet Feed Preparation.
  • By Power Rating: 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.
  • By Material Type: Ferrous, Non-Ferrous.
Companies covered:

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.

Growth Drivers:
  • Increasing demand for high-efficiency and low emission comminution solutions
  • Declining ore grades
Restraints & Challenges:
  • High capital cost associated with HPGR
  • Constant maintenance

Market Opportunities

  1. Rising use of HPGR in hard rock mining can present lucrative growth opportunities

HPGR is becoming increasing popular for hard rock treatment due to rising energy and steel media costs. Furthermore, advent of wear abetment technology and significant design enhancements has led to successful implementations and pilot demonstrations HPGR on extremely tough ores. HPGR pilot plant demonstrations at the Newmont Lone Tree gold mine in Nevada, the U.S. in 2009, Boddington Gold Project in Western Australia in 2010, and the use of HPGR technology by the mining company Anglo American Platinum PPL at its Mogalakwena platinum mine are some such instances.

  1. Base metal liberation segment can provide major business opportunities

HPGRs are majorly operational in diamond mines and iron ores. However, it is used in combination with ball mills or as a standalone device, it can offer numerous advantages such as fineness, quality of the ultimate product, and improved throughput. Hence, the HPGR comminution solution is expected to witness significant growth in base metal liberation. It can help in mining metals such as copper, nickel, lead, and nickel.

Figure 2: Global High Pressure Grinding Roller (HPGR) Market Value (US$ Mn), 2017 - 2027

High Pressure Grinding Roller (HPGR)  | Coherent Market Insights

The global high pressure grinding roller (HPGR) market was valued at US$ 345.0 Mn in 2019 and is forecast to reach a value of US$ 547.6 Mn by 2027 at a CAGR of 6.2% between 2020 and 2027.

Market Trends

  1. Research and development activities among market players

Key companies in the market are focused on research and development activities, in order to enhance the product portfolio. For instance, in May 2012, FLSmidth launched CataMax, a catalytic filter solution with the capability of reducing organic hydrocarbon emissions. In June 2014, ABB launched my Location Intelligence to provide increased personal safety and production efficiency.

  1. Inorganic growth strategies by key market players

Major market players are involved in organic strategies such as collaborations and partnerships, in order to gain a competitive edge in the market. For instance, in March 2013, Koppern Group partnered with Outotec Corporation. This helped the company in strengthening its comminution product range, which includes high intensity grinding (HIG) mills, semi-autogenous (SAG) mills, pebble mills, ball mills, and autogenous (AG) mills. In April 2013, KHD Humboldt Wedag International AG partnered with Weir Minerals for HPGR technology due to which the company would be receiving royalty payment on sale of HPGRs and its equipment.

Value Chain Analysis

The raw materials required to manufacture HPGR are metal, steel, rubber, plastic and other basic materials. A number of sub-components required for the manufacturing process are produced by tier 2 suppliers operating on small margins. Tier 1 suppliers are closely integrated with HPGR manufacturers for the production of specific components such as drive systems. The original equipment manufacturers (OEMs) purchase raw materials from global and domestic suppliers. Individual parts required for manufacturing HPGRs are either produced, or purchased and organized to form new machinery by OEMs. Research and development activities are very important to lower production costs and reduce the use of wearable parts in HPGRs. Apart from this, research and development is also essential in customizing the HPGR as per the customer’s requirements. Finished goods are either deployed directly or via dealers at the mining sites. In the HPGR industry, after sales service is a very crucial part of the value chain, as buyers rely heavily on the OEM maintenance services.

High Pressure Grinding Roller (HPGR)  | Coherent Market Insights

Global High Pressure Grinding Roller (HPGR) Market - Impact of Coronavirus (Covid-19) Pandemic

Metal and mining industry has been effected by the COVID 19 in many ways. First of all key players operating in the industry closed their production sites in order to reduce the spread of COVID 19. Furthermore, the demand of metals such as copper, iron and other remained low as automotive and electronics industries production was partially shut down particularly in India and China. Considering the negative effects on the mining industry, global high pressure grinding roller (HPGR) market witnessed shrink in the business, and it is expected to recover slowly over the year.

Competitive Section

Key players operating in the global high 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.

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.

Market Dynamics

The global high pressure grinding roller (HPGR) market is expected to witness a rapid growth over the forecast period (2020-2027). 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.

Market Taxonomy

This report segments the global press grinding roller (HPGR) market on the basis of application, power rating, material type and region. On the basis of application, the global press grinding roller (HPGR) market is segmented into diamond liberation, base metal liberation, precious metal beneficiation, and pellet feed preparation. On the basis of power rating, the global press grinding roller (HPGR) market is segmented into 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, and 2 x 3,700 kW and above. On the basis of material type, the global press grinding roller (HPGR) market is segmented into ferrous and non-ferrous. On the basis of region, the global press grinding roller (HPGR) market is segmented into North America, Latin America, Europe, Asia Pacific, and Rest of the World.

Key features of the study:

  • This report provides an in-depth analysis of the global press grinding roller (HPGR) market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 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 press 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 press 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 informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global press 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 press grinding roller (HPGR) market.

Detailed Segmentation:

  • Global High Pressure Grinding Roller (HPGR) Market, By Application:
    • Diamond Liberation
    • Base Metal Liberation
    • Precious Metal Beneficiation
    • Pellet Feed Preparation
  • Global High Pressure Grinding Roller (HPGR) Market, By Power Rating:
    • 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 Material Type:
    • Ferrous
    • Non-Ferrous
  • Global High Pressure Grinding Roller (HPGR) Market, By Region:
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • RoW
  • Company Profiles
    • FLSmidth & Co. A/S.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • 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.  

*Browse all the market data tables and figures on “Global High Pressure Grinding Roller (HPGR) Market- Forecast to 2027”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
      • Market Snippet, By Power Rating
      • Market Snippet, By Material Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Impact of COVID-19 Pandemic on Global High Pressure Grinding Roller (HPGR) Market
    • Short Term and Long Term Impact, by Region
      • North America
      • Europe
      • Asia Pacific
      • RoW
  5. Global High Pressure Grinding Roller (HPGR) Market, By Application, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Segment Trends
    • Diamond Liberation
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Base Metal Liberation
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Precious Metal Beneficiation
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Pellet Feed Preparation
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  6. Global High Pressure Grinding Roller (HPGR) Market, By Power Rating, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Segment Trends
    • 2 x 100 kW  – 2 x 650 kW
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • 2 x 650 kW – 2 x 1,900 kW
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • 2 x 1,900 kW –  2 x 3,700 kW
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • 2 x 3,700 kW and above
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  7. Global High Pressure Grinding Roller (HPGR) Market, By Material Type, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Segment Trends
    • Ferrous
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Non-Ferrous
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  8. Global High Pressure Grinding Roller (HPGR) Market, By Region, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Application, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Power Rating, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Material Type, 2020–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Application, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Power Rating, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Material Type, 2020–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Application, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Power Rating, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Material Type, 2020–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Application, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Power Rating, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Material Type, 2020–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • GCC Countries
        • South Africa
        • Brazil
        • Argentina
        • Mexico
        • Rest of the World
  9. Competitive Landscape
    • Company Profiles
      • FLSmidth & Co. A/S
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Metso Oyj
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Koppern Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • CITIC Heavy Industries Co. Ltd. (CITIC HIC)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • ThyssenKrupp Industrial Solutions AG (Polysius AG)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SGS S.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • KHD Humboldt Wedag International AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Outotec Oyj
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • ABB Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse XX market data tables and XX figures on “Global High Pressure Grinding Roller (HPGR) Market-forecast to 2027”.

Frequently Asked Questions

The global high pressure grinding roller (HPGR) market size was valued at US$ 345.0 million in 2019 and is estimated to exhibit a CAGR of 6.2% between 2020 and 2027.
Precious metal beneficiation, segment held the major market share in 2019 owing to Increasing demand for high-efficiency and low emission comminution solutions .
Major factor driving the growth of global high pressure grinding roller (HPGR) market during the forecast period are increasing demand for high-efficiency and low emission comminution solutions and declining ore grades.
Major factor hampering the growth of the high pressure grinding roller (HPGR) market during the forecast period is high capital cost associated with HPGR.
APAC high pressure grinding roller (HPGR) market is expected to generate the highest revenue during the forecast period.
Some of the key players operating in the 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.
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