Global Mill Liner Market Size, Trends & Analysis – Forecasts To 2026

1. Global Mill Liner Market Insights The global mill liner market is estimated to grow at a high CAGR during the forecast period. The market is majorly driven due to the increased demand from fast growing mining industry. A mill is a device used for cutting, grinding, and crushing of solid materials into usable material size for further processing. Mill finds its usage in wide range of end use industry verticals to process raw materials required for production. Increasing demand from material handling industry is one of the major factors expected to spur the market of mill liners across the globe. Fast growing material handling industry is increasing the number of coal handling plants which in turn is driving the market of mill liner across the globe. Mill Liner Market: By Liner Material The global mill liner market can be segmented on the basis of liner material into rubber, steel, and composite among others. The composite liner material is currently dominating the market of mill liners in terms of liner material. The segment is also expected to grow at highest CAGR during the forecast period. fast growing cement related industries along with the resurgence of mining industry are some of the major factors expected to propel the growth of composite mill liners during the forecast period. Higher service life along with lower wear rate as compared to other counterparts is among the major factor expected to spur the growth of market during the forecast period. Mill Liner Market: By Mill The mill liner market is segmented on the basis of mill into autogenous mills, semi-autogenous mills, ball mills, rod mills, and pebble mills among others. The ball mill liner segment is expected to grow at highest CAGR during the forecast period. Significant rise in mineral dressing activities is expected to create a healthy growth opportunity for ball mills manufacturers. Furthermore, superior throughput of rod mills has continued to be an area of end users’ attention, thereby leading to increased demand. Mill Liner Market: By Sales Channel The market for mill liner is segmented on the basis of sales channel into original equipment manufacturer, and replacement. The market for replacement has been estimated to be highly profitable segment. The rate of replacement for mill liners is comparatively higher, which has resulted in the increased demand for mill liners in the global market. However, the demand for OEM is expected to continue its steady growth rate, thereby estimated to gain pace during the forecast period. Mill Liner Market: By End Use The market for mill liner is segmented on the basis of end use into cement industry, mining, and power plants among others. The market for mining is estimated to dominate the market of mill

2. liners in 2018. Reduced downtime is one of the most critical factors to successful mining operations. Development of long lasting wear components for mining operations is one of the major factors expected to increase the demand of mill liners in mining industry. Mill Liners are designed to be sacrificial linings to guard grinding mill shells and to improve the movement of charge for optimum grinding performance and throughput. However, cement industry segment is expected to grow at highest CAGR during the forecast period. Fast growing cement industry has created sufficient growth opportunities for grinding mills, which in turn is likely to propel the market of mill liners during the forecast period. Mill Liner Market: Regional Insights On the basis of region the market for mill liner is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. North American market for Mill Liner is expected to generate highest market share in terms of both value and volume. The U.S. is expected to be the largest mining market in North America and is expected to have the largest number of grinding mills. Increased demand for grinding mills is one of the major factors expected to propel the market of mill liners in the region. Presence of large mineral deposits in the region is among the major factors expected to propel the growth of mill liners market in the region during the forecast period. However, Asia Pacific market for mill liners is expected to grow at a substantial pace during the forecast period. China is expected to dominate the market of mill liners in Asia Pacific region, followed by India, Japan, and South Korea. Fast growing heavy industries along with rapid growth in construction industry are some of the major factors propelling the market of mill liners in the region. Mill Liner Market: Vendor Landscape The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies. Mill Liner Market: End-Use Landscape The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to mill liner in the coming years. Some companies currently using mill liner and are likely to purchase it in future are Rio Tinto, BHP, and Glencore among others. Mill Liner: Market Share & Competitor Analysis Some of the key players operating in the mill liner market are The Weir Group (Vulcan), FLSmidth, ME ELECMETAL, Magotteaux, Eriez Manufacturing Co., Trelleborg, Multotec, Magotteaux, Polycorp, H-E Parts International, and WHEMCO, Inc. among others.

3. In September 2019, Weir Group announced that they have been awarded with Euros 100 million order for “Australian magnetite iron ore project –Bridge Magnetite Project”, a joint venture between Fortescue Metals Group Ltd subsidiary, FMG Magnetite Pty Ltd., and Formosa Steel IB Pty Ltd. The order includes, a range of Weir crushing, and pumps equipment among others In May 2019, FL Smidth announced the launch of PulpMax composite mill liners, which are high-performance semi-autogenous grinding (SAG) and ball mill liners for all mineral processing applications