Forged Steel Grinding Media Market Size By Product (Forged Steel Grinding Ball and Forged Steel Grinding Cylpeb), By Application (Thermal Power Plant, Mineral Dressing, Chemical Engineering, and Others), By Geographic Scope And Forecast
Report ID: 42452|No. of Pages: 202
Forged Steel Grinding Media Market Size By Product (Forged Steel Grinding Ball and Forged Steel Grinding Cylpeb), By Application (Thermal Power Plant, Mineral Dressing, Chemical Engineering, and Others), By Geographic Scope And Forecast
Forged Steel Grinding Media Market Size And Forecast
Forged Steel Grinding Media Market size was valued at USD 5.933 Billion in 2024 and is projected to reach USD 8.635 Billion by 2031, growing at a CAGR of 4.38% during the forecast period 2024-2031.
Global demand for forged steel grinding medias is growing as a result of superior properties by the forged steel balls. Superior properties offered by forged steel balls boost the growth of the global forged steel grinding media market. The Global Forged Steel Grinding Media Market provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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What is Forged Steel Grinding Media?
Forged steel grinding media is referred to as the steel balls made either through skew rolling or (hammer/stamp) forging. Grinding media are materials used in mills to grind or crush materials such that the intended contained content can be recovered. Grinding rods, grinding balls, ceramic cylinders, and grinding cylpebs are just a few of the shapes it can take. An industrial grinder known as a ball mill is used to mix or grind materials. It makes reference to a cylindrical instrument that is used to grind materials like glass, steel, iron ores, ceramic raw materials, etc. The “balls” are the grinding media, which can be made of steel, rubber, ceramic, etc. Ball mills use a horizontal axis to spin a mixture of the material to be treated and the grinding media. Carbon and iron alloys are the primary components of steel ball grinding media. Steel grinding media can be divided into two main categories: cast steel balls and forged steel balls. While forged steel balls are corrosion-resistant and suitable for large mines, wet grinding, and thermal power plants, cast steel balls are heat-resistant and excellent for dry grinding, such as in the ball grinder in a cement plant.
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Global Forged Steel Grinding Media Market Overview
Global demand for forged steel grinding medias is growing as a result of superior properties by the forged steel balls. Superior properties offered by forged steel balls boost the growth of the global forged steel grinding media market. Excellent impact toughness, a low breaking rate, homogeneous hardness throughout the ball, and high wear resistance are the major characteristics of forged steel balls. This material offers far stronger resistance to both stains and rust and was developed to solve classic steel difficulties with corrosion. Forged steel grinding media are becoming more popular due to a variety of factors, such as process stability, reduced tooling costs, and the ability to produce large surface finishes quickly.
High-quality alloy steels or stainless steel and carbon make up forged steel balls. Expanding application areas of steel grinding media including mining, chemical engineering, paper & mill, and others is driving the market growth. Rise in the mineral mining activities for the precious metals for its use in several industries is contributing in the market growth. Significant investment in the mineral mining and exploration activities to increase extraction of metals is fueling the growth of the market. Further, the global market is being driven by the expanding manufacturing sector in the Asia Pacific region as a result of rapid industrialization.
The market growth is mainly hampered due to availability of substitute products like ceramic balls and high chromium cast irons (HCCIs) to the forged steel grinding media. Steel mills employ steel grinding walls, porcelain or ceramic lined mills use ceramic balls, and elastomer lined mills use steel, ceramic, or other high density media. In tiny mills, among others in the chemical and food industries, it is occasionally employed.
Global Forged Steel Grinding Media Market: Segmentation Analysis
The Global Forged Steel Grinding Media Market is segmented on the basis of Product, Application, Steel Grade and geography.
Forged Steel Grinding Media Market by Product
- Forged Steel Grinding Ball
- Forged Steel Grinding Cylpeb
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Based on Product, the market is segmented into Forged Steel Grinding Ball and Forged Steel Grinding Cylpeb. Out of which, Forged Steel Grinding Ball secured the leading rank in 2021 and is projected to show promising growth in the years to come. Due to this, these balls are extensively used in various applications such as metallurgy and mining. In addition to this, they find applications in cement plants, coal power plants, the chemical industry, and others.
Forged Steel Grinding Media Market by Application
- Thermal Power Plant
- Mineral Dressing
- Chemical Engineering
- Others
On the basis of application, the Global Forged steel grinding media Market has been segmented into Mineral Dressing, Thermal Power Plant , Chemical Engineering and Others. In 2021, the Mineral Dressing segment accounted for highest market share and is projected to grow at a rapid pace in the years to come. The grinding media is used mostly in the mining sector to extract and grind precious metals or non-metals from the ore. The requirement for ore extraction using grinding media is being driven by the rising global demand for different metals. Global ore extraction activities are seeing an increase in investment, which is driving the use of steel grinding media.
Forged Steel Grinding Media Market by Steel Grade
- Medium Carbon Steel
- Low Carbon Steel
- High Carbon Steel
- Very High (Ultra) Carbon Steel
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Based on steel grade, the market is segmented into Medium Carbon Steel, Low Carbon Steel, High Carbon Steel and Very High (Ultra) Carbon Steel. In 2021, the Medium Carbon Steel emerged as the leading product accounting for over 35% whereas high carbon steel is expected to show fastest growth rate in the years to follow. Medium carbon steel grade is used for making rails and railroad wheels. The majority of the time, it is used to create forgings and machine parts such shafts, axles, gears, crankshafts, couplings, and forgings. Medium-carbon steels are most frequently used when a construction or product requires stronger mechanical properties.
Forged Steel Grinding Media Market by Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
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On the basis of regional analysis, the Global Forged steel grinding media Market is classified into North America, Europe, Asia Pacific and Rest of the world. Asia-Pacific has emerged as the leading region in the Forged steel grinding media market followed by North America. In 2021, Asia-Pacific accounted for more than 45% of the total market. The key factor pushing the sales of forged steel grinding media in Asia-Pacific is due to due to the increasing production of forged steel grinding media products and the rising supply of raw materials required for forged steel grinding media. Growing production and consumption of steel and steel products in China is key contributing factor in the Asia’s forged steel grinding media market.
Key Players
The major players in the market are: Molycop, ME Elecmetal, Magotteaux, Shandong Jinchi Heavy Industry Joint-stock Co., LTD, AIA Engineering Ltd., Shandong Huamin Steel Ball Joint-stock Co., LTD, Tai’an City Taishan Steel Ball Factory, Oriental Casting and Forging Co., Ltd, LongTeng Special Steel Co., Ltd, Shandong Shengye Grinding Ball Co., Ltd.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmark and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- MolyCop announced the acquisition of the Metso grinding media business division. The agreement between the company also includes the sale of Metso Spain Holding, S.L.U, including operations in two locations comprising around 80 employees in Spain (Bilbao and Seville).
- ME Elecmetal expanded its geographic presence by opening ME Long Teng Grinding Media (Zambia) Limited in Lusaka, Zambia. The new plant was constructed to manufacture grinding balls to serve African clients.
- Magotteaux stated that it has reached an agreement with Industrial Development Corporation extending their partnership regarding Grinding Media South Africa (GMSA). GMSA is a subsidiary of Scaw Metals, specializes in the manufacturing and design of grinding balls.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2021-2023 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Molycop, ME Elecmetal, Magotteaux, Shandong Jinchi Heavy Industry Joint-stock Co., LTD, AIA Engineering Ltd., Shandong Huamin Steel Ball Joint-stock Co., LTD, Tai’an City Taishan Steel Ball Factory, Oriental Casting and Forging Co., Ltd, LongTeng Special Steel Co., Ltd, Shandong Shengye Grinding Ball Co., Ltd. |
| Segments Covered | By Product, By Application, By Steel Grade and By Geography. |
| Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Research Methodology of Verified Market Research:
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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
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Frequently Asked Questions
1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP DOWN APPROACH
2.1 RESEARCH FLOW
2.11 KEY INSIGHTS FROM INDUSTRY EXPERTS
2.12 DATA SOURCES
3 EXECUTIVE SUMMARY
3.1 OVERVIEW
3.1 GLOBAL FORGED STEEL GRINDING MEDIA ECOLOGY MAPPING
3.2 GLOBAL FORGED STEEL GRINDING MEDIA MARKET ATTRACTIVENESS ANALYSIS
3.3 GLOBAL FORGED STEEL GRINDING MEDIA MARKET ATTRACTIVENESS ANALYSIS
3.4 GLOBAL FORGED STEEL GRINDING MEDIA ABSOLUTE MARKET OPPORTUNITY
3.5 GLOBAL FORGED STEEL GRINDING MEDIA MARKET GEOGRAPHICAL INSIGHTS
3.6 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT (USD MILLION)
3.7 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE (USD MILLION)
3.8 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION (USD MILLION)
3.9 FUTURE MARKET OPPORTUNITIES
3.1 GLOBAL MARKET SPLIT
4 MARKET OUTLOOK
4.1 GLOBAL FORGED STEEL GRINDING MEDIA MARKET EVOLUTION
4.2 GLOBAL FORGED STEEL GRINDING MEDIA MARKET OUTLOOK
4.3 MARKET DRIVERS
4.3.1 WIDE RANGE OF APPLICATIONS OF GRINDING MEDIA IN SEVERAL INDUSTRIES, INCLUDING MINING, CHEMICAL ENGINEERING, PAPER & MILL
4.3.2 SUPERIOR PROPERTIES OFFERED BY FORGED STEEL BALLS
4.3.3 THE GROWING MANUFACTURING INDUSTRY IN THE ASIA PACIFIC DUE TO RAPID INDUSTRIALIZATION
4.4 MARKET RESTRAINTS
4.4.1 THE HIGH AVAILABILITY OF SUBSTITUTE PRODUCTS FOR FORGED STEEL BALLS
4.5 OPPORTUNITIES
4.5.1 TECHNOLOGICAL ADVANCEMENT IN THE FORGED STEEL GRINDING MEDIA
4.5.2 EMERGING ASIA PACIFIC MARKET
4.5.3 RISING GOVERNMENT INVESTMENT IN MINING AND INFRASTRUCTURE
4.6 IMPACT OF COVID-19 ON THE GLOBAL FORGED STEEL GRINDING MEDIAMARKET
4.7 PORTER’S FIVE FORCES ANALYSIS
4.7.1 THREAT OF NEW ENTRANTS
4.7.2 THREAT OF SUBSTITUTES
4.7.3 BARGAINING POWER OF SUPPLIERS
4.7.4 BARGAINING POWER OF BUYERS
4.7.5 INTENSITY OF COMPETITIVE RIVALRY
4.8 MACROECONOMIC ANALYSIS
4.9 VALUE CHAIN ANALYSIS
4.1 PRICING ANALYSIS
5 MARKET, BY PRODUCT
5.1 OVERVIEW
5.2 FORGED STEEL GRINDING BALL
5.3 FORGED STEEL GRINDING CYLPEB
6 MARKET, BY STEEL GRADE
6.1 OVERVIEW
6.2 LOW CARBON STEEL (0.05 TO 0.3% CARBON)
6.3 MEDIUM CARBON STEEL (APPROXIMATELY 0.3–0.6% CARBON)
6.4 HIGH CARBON STEEL (APPROXIMATELY 0.6 TO 1.25% CARBON)
6.5 VERY HIGH (ULTRA HIGH) CARBON STEEL (APPROXIMATELY 1.25–2.0% CARBON)
7 MARKET, BY APPLICATION
7.1 OVERVIEW
7.2 MINERAL DRESSING
7.3 THERMAL POWER PLANT
7.4 CHEMICAL ENGINEERING
7.5 OTHERS
8 MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 GERMANY
8.3.3 U.K.
8.3.4 FRANCE
8.3.5 ITALY
8.3.6 SPAIN
8.3.7 REST OF EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 REST OF APAC
8.5 LATIN AMERICA
8.5.1 LATIN AMERICA MARKET SNAPSHOT
8.5.2 BRAZIL
8.5.3 ARGENTINA
8.5.4 REST OF LATIN AMERICA
8.6 MIDDLE EAST AND AFRICA
8.6.1 MIDDLE EAST AND AFRICA MARKET SNAPSHOT
8.6.2 UAE
8.6.3 SAUDI ARABIA
8.6.4 SOUTH AFRICA
8.6.5 REST OF MIDDLE EAST AND AFRICA
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING ANALYSIS
9.3 COMPANY REGIONAL FOOTPRINT
9.4 COMPANY INDUSTRY FOOTPRINT
9.5 ACE MATRIX
9.5.1 ACTIVE
9.5.2 CUTTING EDGE
9.5.3 EMERGING
9.5.4 INNOVATORS
10 COMPANY PROFILES
10.1 AIA ENGINEERING LTD
10.1.1 COMPANY OVERVIEW
10.1.2 COMPANY INSIGHTS
10.1.3 SEGMENT BREAKDOWN
10.1.4 PRODUCT BENCHMARKING
10.1.5 WINNING IMPERATIVES
10.1.6 CURRENT FOCUS & STRATEGIES
10.1.7 THREAT FROM COMPETITION
10.1.8 SWOT ANALYSIS
10.2 ME ELECMETAL
10.2.1 COMPANY OVERVIEW
10.2.2 COMPANY INSIGHTS
10.2.3 SEGMENT BREAKDOWN
10.2.4 PRODUCT BENCHMARKING
10.2.5 WINNING IMPERATIVES
10.2.6 CURRENT FOCUS & STRATEGIES
10.2.7 THREAT FROM COMPETITION
10.2.8 SWOT ANALYSIS
10.3 LONGTENG SPECIAL STEEL CO., LTD
10.3.1 COMPANY OVERVIEW
10.3.2 COMPANY INSIGHTS
10.3.3 PRODUCT BENCHMARKING
10.3.4 WINNING IMPERATIVES
10.3.5 CURRENT FOCUS & STRATEGIES
10.3.6 THREAT FROM COMPETITION
10.3.7 SWOT ANALYSIS
10.4 MOLYCOP
10.4.1 COMPANY OVERVIEW
10.4.2 COMPANY INSIGHTS
10.4.3 PRODUCT BENCHMARKING
10.4.4 KEY DEVELOPMENTS
10.5 MAGOTTEAUX
10.5.1 COMPANY OVERVIEW
10.5.2 COMPANY INSIGHTS
10.5.3 PRODUCT BENCHMARKING
10.5.4 KEY DEVELOPMENTS
10.6 SHANDONG JINCHI HEAVY INDUSTRY JOINT-STOCK CO.LTD
10.6.1 COMPANY OVERVIEW
10.6.2 COMPANY INSIGHTS
10.6.3 PRODUCT BENCHMARKING
10.7 SHANDONG HUAMIN STEEL BALL JOINT-STOCK CO.LTD.
10.7.1 COMPANY OVERVIEW
10.7.2 COMPANY INSIGHTS
10.7.3 PRODUCT BENCHMARKING
10.8 TAIAN CITY TAISHAN STEEL BALL FACTORY
10.8.1 COMPANY OVERVIEW
10.8.2 COMPANY INSIGHTS
10.8.3 PRODUCT BENCHMARKING
10.9 ORIENTAL CASTING AND FORGING CO.LTD
10.9.1 COMPANY OVERVIEW
10.9.2 COMPANY INSIGHTS
10.9.3 PRODUCT BENCHMARKING
LIST OF TABLES
TABLE 1 PROJECTED REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE) OF KEY COUNTRIES
TABLE 2 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 3 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS)
TABLE 4 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 5 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS)
TABLE 6 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 7 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS)
TABLE 8 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY GEOGRAPHY, 2022 – 2030 (USD MILLION)
TABLE 9 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY GEOGRAPHY, 2022 – 2030 (THOUSAND TONS )
TABLE 10 NORTH AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (USD MILLION)
TABLE 11 NORTH AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (THOUSAND TONS )
TABLE 12 NORTH AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 13 NORTH AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 14 NORTH AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 15 NORTH AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 16 NORTH AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 17 NORTH AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 18 U.S FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 19 U.S FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 20 U.S FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 21 U.S FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 22 U.S FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 23 U.S FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 24 CANADA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 25 CANADA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 26 CANADA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 27 CANADA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 28 CANADA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 29 CANADA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 30 MEXICO FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 31 MEXICO FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 32 MEXICO FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 33 MEXICO FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 34 MEXICO FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 35 MEXICO FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 36 EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (USD MILLION)
TABLE 37 EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (THOUSAND TONS )
TABLE 38 EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 39 EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 40 EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 41 EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 42 EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 43 EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 44 GERMANY FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 45 GERMANY FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 46 GERMANY FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 47 GERMANY FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 48 GERMANY FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 49 GERMANY FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 50 U.K. FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 51 U.K. FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 52 U.K. FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 53 U.K. FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 54 U.K. FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 55 U.K. FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 56 FRANCE FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 57 FRANCE FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 58 FRANCE FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 59 FRANCE FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 60 FRANCE FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 61 FRANCE FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 62 ITALY FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 63 ITALY FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 64 ITALY FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 65 ITALY FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 66 ITALY FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 67 ITALY FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 68 SPAIN FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 69 SPAIN FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 70 SPAIN FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 71 SPAIN FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 72 SPAIN FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 73 SPAIN FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 74 REST OF EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 75 REST OF EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 76 REST OF EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 77 REST OF EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 78 REST OF EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 79 REST OF EUROPE FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 80 ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (USD MILLION)
TABLE 81 ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (THOUSAND TONS )
TABLE 82 ASIA-PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 83 ASIA-PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 84 ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 85 ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 86 ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 87 ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 88 CHINA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 89 CHINA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 90 CHINA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 91 CHINA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 92 CHINA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 93 CHINA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 94 JAPAN FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 95 JAPAN FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 96 JAPAN FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 97 JAPAN FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 98 JAPAN FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 99 JAPAN FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 100 INDIA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 101 INDIA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 102 INDIA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 103 INDIA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 104 INDIA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 105 INDIA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 106 REST OF ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 107 REST OF ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 108 REST OF ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 109 REST OF ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 110 REST OF ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 111 REST OF ASIA PACIFIC FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 112 LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (USD MILLION)
TABLE 113 LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (THOUSAND TONS )
TABLE 114 LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 115 LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 116 LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 117 LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 118 LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 119 LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 120 BRAZIL FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 121 BRAZIL FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 122 BRAZIL FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 123 BRAZIL FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 124 BRAZIL FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 125 BRAZIL FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 126 ARGENTINA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 127 ARGENTINA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 128 ARGENTINA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 129 ARGENTINA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 130 ARGENTINA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 131 ARGENTINA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 132 REST OF LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 133 REST OF LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 134 REST OF LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 135 REST OF LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 136 REST OF LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 137 REST OF LATIN AMERICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 138 MIDDLE EAST AND AFRICAFORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (USD MILLION)
TABLE 139 MIDDLE EAST AND AFRICAFORGED STEEL GRINDING MEDIA MARKET, BY COUNTRY, 2022 – 2030 (THOUSAND TONS )
TABLE 140 MIDDLE EAST AND AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 141 MIDDLE EAST AND AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 142 MIDDLE EAST AND AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 143 MIDDLE EAST AND AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 144 MIDDLE EAST AND AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 145 MIDDLE EAST AND AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 146 UAE FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 147 UAE FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 148 UAE FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 149 UAE FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 150 UAE FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 151 UAE FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 152 SAUDI ARABIA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 153 SAUDI ARABIA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 154 SAUDI ARABIA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 155 SAUDI ARABIA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 156 SAUDI ARABIA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 157 SAUDI ARABIA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 158 SOUTH AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 159 SOUTH AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 160 SOUTH AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 161 SOUTH AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 162 SOUTH AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 163 SOUTH AFRICA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 164 REST OF MEA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (USD MILLION)
TABLE 165 REST OF MEA FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT, 2022 – 2030 (THOUSAND TONS )
TABLE 166 REST OF MEA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (USD MILLION)
TABLE 167 REST OF MEA FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE, 2022 – 2030 (THOUSAND TONS )
TABLE 168 REST OF MEA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (USD MILLION)
TABLE 169 REST OF MEA FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION, 2022 – 2030 (THOUSAND TONS )
TABLE 170 COMPANY MARKET RANKING ANALYSIS
TABLE 171 COMPANY REGIONAL FOOTPRINT
TABLE 172 COMPANY INDUSTRY FOOTPRINT
TABLE 173 AIA ENGINEERING LTD: PRODUCT BENCHMARKING
TABLE 174 AIA ENGINEERING LTD.: WINNING IMPERATIVES
TABLE 175 ME ELECMETAL: PRODUCT BENCHMARKING
TABLE 176 ME ELECMETAL.: WINNING IMPERATIVES
TABLE 177 LONGTENG SPECIAL STEEL CO., LTD: PRODUCT BENCHMARKING
TABLE 178 LONGTENG SPECIAL STEEL CO., LTD..: WINNING IMPERATIVES
TABLE 179 MOLYCOP..: PRODUCT BENCHMARKING
TABLE 180 MOLYCOP.: KEY DEVELOPMENTS
TABLE 181 MAGOTTEAUX: PRODUCT BENCHMARKING
TABLE 182 MAGOTTEAUX.: KEY DEVELOPMENTS
TABLE 183 HANDONG JINCHI HEAVY INDUSTRY JOINT-STOCK CO.LTD: PRODUCT BENCHMARKING
TABLE 184 SHANDONG HUAMIN STEEL BALL JOINT-STOCK CO.LTD.: PRODUCT BENCHMARKING
TABLE 185 TAIAN CITY TAISHAN STEEL BALL FACTORY: PRODUCT BENCHMARKING
TABLE 186 ORIENTAL CASTING AND FORGING CO.LTD: PRODUCT BENCHMARKING
LIST OF FIGURES
FIGURE 1 GLOBAL FORGED STEEL GRINDING MEDIA MARKET SEGMENTATION
FIGURE 2 RESEARCH TIMELINES
FIGURE 3 DATA TRIANGULATION
FIGURE 4 MARKET RESEARCH FLOW
FIGURE 5 KEY INSIGHTS FROM INDUSTRY EXPERTS
FIGURE 6 DATA SOURCES
FIGURE 7 GLOBAL FORGED STEEL GRINDING MEDIA MARKET ATTRACTIVENESS ANALYSIS BY STEEL GRADE
FIGURE 8 GLOBAL FORGED STEEL GRINDING MEDIA MARKET ATTRACTIVENESS ANALYSIS BY PRODUCT
FIGURE 9 GLOBAL FORGED STEEL GRINDING MEDIA MARKET ATTRACTIVENESS ANALYSIS BY APPLICATION
FIGURE 10 GLOBAL FORGED STEEL GRINDING MEDIA ABSOLUTE MARKET OPPORTUNITY
FIGURE 11 GLOBAL FORGED STEEL GRINDING MEDIA MARKET GEOGRAPHICAL INSIGHTS, 2023-2030
FIGURE 12 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT (USD MILLION)
FIGURE 13 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE (USD MILLION)
FIGURE 14 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION (USD MILLION)
FIGURE 15 ASIA-PACIFIC DOMINATED THE MARKET IN 2021
FIGURE 16 GLOBAL FORGED STEEL GRINDING MEDIA MARKET OUTLOOK
FIGURE 17 PORTER’S FIVE FORCES ANALYSIS
FIGURE 18 VALUE CHAIN ANALYSIS
FIGURE 19 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY PRODUCT
FIGURE 20 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY STEEL GRADE
FIGURE 21 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY APPLICATION
FIGURE 22 GLOBAL FORGED STEEL GRINDING MEDIA MARKET, BY GEOGRAPHY, 2022 – 2030 (USD MILLION)
FIGURE 23 AIA ENGINEERING LTD: COMPANY INSIGHT
FIGURE 24 AIA ENGINEERING LTD: BREAKDOWN
FIGURE 25 AIA ENGINEERING LTD.: SWOT ANALYSIS
FIGURE 26 ME ELECMETAL.: COMPANY INSIGHT
FIGURE 27 ME ELECMETAL: BREAKDOWN
FIGURE 28 ME ELECMETAL.: SWOT ANALYSIS
FIGURE 29 LONGTENG SPECIAL STEEL CO., LTD: COMPANY INSIGHT
FIGURE 30 LONGTENG SPECIAL STEEL CO., LTD: SWOT ANALYSIS
FIGURE 31 MOLYCOP..: COMPANY INSIGHT
FIGURE 32 MAGOTTEAUX: COMPANY INSIGHT
FIGURE 33 SHANDONG JINCHI HEAVY INDUSTRY JOINT-STOCK CO.LTD: COMPANY INSIGHT
FIGURE 34 SHANDONG HUAMIN STEEL BALL JOINT-STOCK CO.LTD.: COMPANY INSIGHT
FIGURE 35 TAIAN CITY TAISHAN STEEL BALL FACTORY: COMPANY INSIGHT
FIGURE 36 ORIENTAL CASTING AND FORGING CO.LTD: COMPANY INSIGHT
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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