Vertical Roller Mill Market is Anticipated to Grow US$ 800 Mn By 2030
The global Vertical Roller Mill market is expected to grow at a CAGR of around 3.5% over the forecast period 2021 to 2030 and expected to reach the market value of around US$ 800 million by 2030.
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Vertical roller mill is a type of grinder used to grind materials into extremely fine powder for use in mineral dressing processes, paints, pyrotechnics, cements and ceramics. It is an energy efficient alternative for a ball mill.
Grinding of raw materials requires considerable energy. In the tube mills that were used for grinding, energy efficiency levels were low. Therefore, the vertical roller mill has been introduced in the market. The vertical roller mill has the installation space is smaller compared with tube mills and it has high energy efficiency. The vertical roller mill is a kind of crushing equipment which saves energy and is highly efficient. Vertical roller mills have integrated the crushing and grading into a single whole, satisfying the requirements of the consumers. The key purpose of a vertical rolling machine is to perform the powder crushing manufacturing of materials such as kaolin, calcite, wollastonite, feldspar, limestone, glaze, fluorite, light dry stone coal, potassium salt slag, vermiculite, barite, slag, mica, brucite, spores, garnet, quartz, etc. Vertical roller mills can also be used in non-metal mining areas with Mohs hardness of less than seven degree, such as in mining metallurgy, electronics, chemical industry, food, medicine, agriculture, daily chemicals, buildings, and so on.
The vertical roller mill market is anticipated to expand at a good growth rate in the coming years. Increase in usage of vertical mills in various industries such as cement, coal, slag grinding, desulfurization industry, etc. due to rapid industrialization and technological advancements in mill manufacturing technologies and processing equipment are the key trends propelling the vertical roller mill market. The environment friendly nature of vertical roller mills in terms of recyclability and low waste generation is a driving factor for the adoption of vertical roller mills. Demand for manufactured industrial products with high precision finish in end-use industries is likely to boost sales of vertical roller mills. Moreover, rise in demand for superior quality products and computer numerical control (CNC) machines worldwide are expected to fuel the market. Additionally, advancements in ongoing research & development activities to develop innovative, effective, and cheaper vertical roller mills is anticipated to propel the market. However, increasing competition from substitutes and fluctuations in prices of raw materials are some factors that are anticipated to limit the expansion of the market. Another restraining factor for the vertical roller mill market is the maintenance and repair of vertical roller mills which is highly technical and specialized, and which should be performed by experts with experience gained from repairs worldwide. Asia Pacific is expected to be a prominent region of the vertical roller mill market due to rise in income of people living in urban areas, rapid urbanization, and significant rise in industrial applications in the last few years.
Research Methodology
The research methodology is a combination of primary research secondary research and expert panel reviews. Secondary research includes sources such as press releases company annual reports and research papers related to the industry. Other sources include industry magazines, trade journals, government websites and associations were can also be reviewed for gathering precise data on opportunities for business expansions in Global Vertical Roller Mill Market.
Primary research involves telephonic interviewsvarious industry experts on acceptance of appointment for conducting telephonic interviewssending questionnaire through emails (e-mail interactions) and in some cases face-to-face interactions for a more detailed and unbiased review on the Global Vertical Roller Mill Market, across various geographies. Primary interviews are usually carried out on an ongoing basis with industry experts in order to get recent understandings of the market and authenticate the existing analysis of the data. Primary interviews offer information on important factors such as market trends market size, competitive landscapegrowth trends, outlook etc. These factors help to authenticate as well as reinforce the secondary research findings and also help to develop the analysis team’s understanding of the market.
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
- The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Key Players
Some of the key operating players in the vertical roller mill market are Loesche GmbH, Danobat Group, Gebr. Pfeiffer SE,GBM, Flsmidth, ALSTOM Power, Bestall-Sharp Group, Nicolás Correa S.A., Shanghai SUAMG Company,UBE MACHINERY CORPORATION,LTD.,CHIRON Werke, Kawasaki, Fryer Machine Systems, Dalian Machine Tool Group, NHI,EMCO, Citic Heavy Industry, DMG MORI, F.Zimmermann, GILDEMEISTER, GF Machining solutions, Shenyang Machine Tools, Yamazaki Mazak, Bridgeport, Doosan Machine Tools, Eumach, FERMAT, Fidia, Fuji Machines, Gleason, and GROB GROUP. Players in the vertical roller mill market focus on acquisitions & mergers and business alliances. Active players in the vertical roller mill market also focus on innovative technology.
| Report Coverage | Details |
| Market Size | US$ 800 Million by 2030 |
| Growth Rate | CAGR of 3.5% From 2021-2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, Type, Application, Material |
| Regional Scope | North America, Latin America, Europe, Asia Pacific, MEA |
| Companies Mentioned | Loesche GmbH, Danobat Group, Gebr. Pfeiffer SE, GBM, Flsmidth, ALSTOM Power, Bestall-Sharp Group, Nicolás Correa S.A., Shanghai SUAMG Company, UBE MACHINERY CORPORATION,LTD., CHIRON Werke |
Market Segmentation
By Product Type
- Spring Type
- Hydraulic Type
By Type
- Less Than 200t/h
- 200-400t/h
- More Than 400t/h
By Application
- Manufacturing Industry
- Mining
- Foundries
- Cements
- Others
By Material Type
- Dolomite
- Calcite
- Quartz
- Basalt
- Barite
- Feldspar
- Gravel
- Bentonite
- Granite
- Coal
- Slag
- others
By Region Type
- North America
- Latin America
- Europe
- Asia
- MEA
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Research Methodology: This section discusses about the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Table of Contents
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Vertical Roller Mill Market, By Product
7.1. Vertical Roller Mill Market, by Product Type, 2021-2030
7.1.1. Spring
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Hydraulic
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Vertical Roller Mill Market, By Type
8.1. Vertical Roller Mill Market, by Type, 2021-2030
8.1.1. Less Than 200t/h
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. 200-400t/h
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. More Than 400t/h
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Vertical Roller Mill Market, By Application Type
9.1. Vertical Roller Mill Market, by Application Type, 2021-2030
9.1.1. Manufacturing Industry
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Mining
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Foundries
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Cements
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Vertical Roller Mill Market, By Material Type
10.1. Vertical Roller Mill Market, by Material Type, 2021-2030
10.1.1. Dolomite
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Calcite
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Quartz
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Basalt
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Vertical Roller Mill Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.1.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.1.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.1.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.7.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.8.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.8.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.7.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.8.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.8.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.7.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.8.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.8.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.5.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.5.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
Chapter 12. Company Profiles
12.1. Loesche GmbH
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Danobat Group
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Pfeiffer SE
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Flsmidth
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. ALSTOM Power
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Bestall-Sharp Group
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Nicolás Correa S.A.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Shanghai SUAMG Company
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. UBE MACHINERY CORPORATION,LTD.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. CHIRON Werke
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Kawasaki
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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