Albany, NY -- (SBWIRE) -- 07/13/2018 -- The global market for semi-autogenous and autogenous grinding mills (SAG Mills) has been expanding at a robust pace over the past years. The uninhibited growth of the global market can be attributed to the need for better grinding and processing across several industries, especially electrical and semiconductors. The raw material pieces are required to be grounded into finer and smaller particles that can then be used for several intermediate processes of manufacturing.
While grinding the raw materials, it is important to ensure that the material is finely done and there are no chunks left after processing. Due to this reason, the demand for SAG mills has been expanding at an incremental rate in recent times. Furthermore, single pinion, central drive, gearless mechanical setup, and dual pinion are some of the key configurations of these grinding mills. It is anticipated that the SAG mills would see an upsurge in demand due to the need for these mills in the electrical industry.
A report added by Transparency Market Research (TMR) brings to notice the key dynamics that have enhanced the growth prospects of the global market for semi-autogenous and autogenous grinding mills (SAG Mills). The title of the report is "Semi-Autogenous and Autogenous Grinding Mills (SAG Mills) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023".
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The power required in the electrical industry for different purposes varies depending upon the configuration of the setup. Hence, the demand for SAG mills has seen an increase on account of the rapid developments in the electrical industry, and is expected to further enhance the growth prospects of the global market.
Furthermore, the mining industry has also emerged as a prolific user of SAG mills for extraction of limestone, gemstones, oil shale, metals, gravel, dimension stone, and coal. Furthermore, the demand within the global market for semi-autogenous and autogenous grinding mills (SAG) mills has also increased due to the high throughput and low energy consumption of these machines. Despite the seemingly bright future of the market for SAG mills, the effectiveness of high pressure grinding rollers (HPGR) is expected to threaten market growth.
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The demand for semi-autogenous and autogenous grinding mills (SAG Mills) has seen an inflow of tremendous demand in North America due to the advanced nature of the electrical industry. Furthermore, the ardent mining industry in the Middle East and Africa has led to the growth of the market in the region. The markets in Asia Pacific and Latin America are also garnering pace and are expected to do well in the coming years.
Some of the key players in the global market for autogenous and semi-autogenous grinding mills (SAG Mills) are Polysius AG and Koppern Equipment Inc. in Germany, FLSmidth & Co. A/s, and CITIC Heavy Industries Co. Ltd.
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