High Pressure Grinding Roller (HPGR) Market to Reach US$ 670.1 Mn by 2030 - Coherent Market Insights

High Pressure Grinding Roller (HPGR) Market to Reach US$ 670.1 Mn by 2030

The Global High Pressure Grinding Roller (HPGR) Market, By Application (Diamond Liberation, Base Metal Liberation, Precious Metal Beneficiation, and 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, and 2 x 3,700 kW and above), By Material Type (Ferrous and Non-Ferrous), and by Region (North America, Europe, APAC, RoW) - Global Forecast to 2030, is expected to be valued at US$ 670.1 million by 2030, exhibiting a CAGR of  6.8% during the forecast period (2022-2030), as highlighted in a report published by Coherent Market Insights.

High pressure grinding roller (HPGR) equipment is a modern energy-efficient comminution technology. It provides flexible crushing solutions since it is appropriate for both new installations and upgrades in the construction and mining industry. HPGR is being widely used typically in the cement, iron ore, diamond, and briquette sectors. It is comprised of two rolls mounted on a strong frame. Mining products such as metals are obtained after thorough processing of materials extracted from the earth. Mineral ores, formed as a result of deposits and compound combinations contain unnecessary minerals which have to be removed through processing.

The global high pressure grinding roller (HPGR) market is valued at US$ 377.5 Mn in 2021 and is expected to exhibit a CAGR of 6.8% during the forecast period (2022 – 2030).

Key Developments

1. In August 2022, HW India a subordinate of KHD Humboldt Wedag International AG signed a contract with a leading cement manufacturer, UltraTech Cement Ltd. The contract is signed to provide eight clinker grinding units & two new pyro lines to UltraTech Cement Ltd.
2. In September 2021, FLSmidth, a prominent supplier & provider of cement, machinery, and services declared acquisition of ThyssenKrupp’s mining business with this acquisition FLSmidth will be able to offer various products and expand its geographical existence.

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

The Global Pressure Grinding Roller (HPGR) Market witnessed a rapid shrink in the sales as metals and mining industry is one of the hardest hit markets by the COVID-19 pandemic. According to Coherent Market Insights analysis metals and mining sector registered a sharp decline in demand in 2020. However, in June and July 2020, many industries (especially in China and Europe) started production of electronics and automotive components which has fueled the growth of the metals and mining industry and in turn, has positively impacted the global press grinding roller (HPGR) market.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/high-pressure-grinding-roller-market-4196

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Key Trends and Analysis of the Global High-Pressure Grinding Roller (HPGR) market:

• Among regions, Europe is expected to witness significant growth in the global high-pressure grinding roller (HPGR) market during the forecast period. This is owing presence of major manufacturers such as ABB Ltd., Koppern Group, and FLSmidth & Co. A/S, and Outotec Oyj across the region. Furthermore, rising research and development activities in the field of commination technology are expected to boost the regional market growth over the forecast period.
• North America is expected to exhibit a robust growth rate in the global high-pressure grinding roller (HPGR) market over the forecast period. This is owing tthe o rising demand for iron ores and diamonds across the region. Furthermore, the rising extraction of gold, silver, and platinum is expected to boost regional market growth over the forecast period.
• Major 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.