Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- High chrome mill internals (HCMIs) such as grinding media, heat resistance castings, diaphragm, etc. They are critical components for grinding operations used extensively in cement and thermal power plants. With significant cost savings achieved (~30-40%) through lower wear rate, increased productivity and lower power consumption, HCMIs are increasingly making inroads into the mining sector.
The industry is a mature one, which has entered the post-competition phase into a brand-creating era, whereby competition will turn from pure price competition to multi-faceted brand competition consisting of service, management and shopping environment.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive. The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global High Chrome Mill Internals (HCMIs) market was 1030 million US$ in 2018 and is expected to 2050 million US$ by the end of 2025, growing at a CAGR of 9.0% between 2019 and 2025.
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This report studies the High Chrome Mill Internals (HCMIs) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of High Chrome Mill Internals (HCMIs) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
TOYO Grinding Ball
CNBM Ningguo Xinma
By the product type, the market is primarily split into
High Chrome Grinding Balls
High Chromium Alloy Casting
Liners (Bolted and Boltless)
By the end users/application, this report covers the following segments
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