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Mill liner is an equipment that protects the mill shell from wear & tear and transfers the energy to grinding charge. Primarily, a mill machine undergoes via intense wear & tear due to continuous breakdown of materials. And to protect the mills, mill liners are utilized to increase the efficiency. Within rubber and steel mill liners, rubber mill liners are easier and quicker to install owing to, its properties such as, lightweight, excellent wear resistance and sealing Properties.
The emergence of mill liners is attributed to its advantages that compliments its utilization across cement, mining and other related industries. The advantages being, optimized milling circuit, increased productivity, additional uptime & improved throughput and safer maitainence. In addition to it, the rapid growth of cement and mining industries have been creating ample growth opportunities for mill liner market across the globe. Mining industry in particular, is witnessing increasing demand for mills across the grinding operations. It is, subsequently increasing the demand for mill liners.
The market participant such as, Trelleborg Group, Multotec, Magotteaux, FLSmidth, ME ELECMETAL, Metso Outotec and others are expanding their business portfolio with planned developments including, enhanced product offerings, material innovations, global expansion and strategic partnerships & collaborations. These developments are aiming to endure the mill life. For instance, Metso Outotec is offering the tailor-made mill liners with reduced noise level and safe handling advantages even in intense industrial working. Additionally, FLSmidth is serving mining industry by supplying efficient milling equipment solutions.
The COVID-19 pandemic has created the miseries across the mining, metal, manufacturing, construction and industry verticals. Additionally, the steel industry has also seen major downfall with greater impact of COVID-19 pandemic. As per the U.S. Steel Industry, the U.S. steel production fell by 12.7% year over year at the ending of March 2020. This in turn, has adversly affected the demand for mill liners across the U.S., U.K., Germany, china, Italy, India and other major countries. However, the mill liner manufacturers such as, H-E Parts International, FLSmidth and others are widely supporting the mill liner customers by closely monitoring the company’s supply chain so as to properly localize the service ability across the locations. Additionally, the mining industry’s growth in the current pandemic situation is majorly driven by the safety of employees and protecting severely disrupted supply chains. This in turn, is expected to complement the market growth post the COVID-19 pandemic situation.
Key Market Driver -
• Increasing number of coal handling plants • Growing demand for mill liners across mining and thermal power industries
Key Market Restraint -
• Increased raw material prices
Key players operating in the global mill liner market are Multotec, FLSmidth, ME ELECMETAL, Trelleborg Group, Magotteaux, Metso Outotec, H-E Parts International, Tega Industries Limited, The Weir Group PLC, Shreeji Enterprises, Bradken Pty Ltd., WHEMCO, Inc., ThyssenKrupp AG, Shanghai ZME Company, AIA Engineering Ltd., Eriez Manufacturing Co. and others.
North America is in the best position to lead the mill liner market . It is attributed to the increasing grinding mills across the U.S. Increasing safety standards is also leading to the growth of the mill liner market. Additionally, the governmental bodies are taking initiatives for investing in mining and grinding mills that is further boosting the market growth.
Europe is projected to witness substantial growth owing to, the increasing adoption of mill Liners, increasing of mining fields expenditure and intense competition to introduce new products amongst the manufacturers. As per secondary sources, Europe mines nearly 42 different minerals and metals that is complimenting the increasing demand for mill liners across the region.
With escalating mineral exploration and cement production activities across countries like China, Japan, South Korea, India, Australia, and others, the mill liner market in the Asia Pacific is anticipated to hold highest CAGR in the forecast period. Additionally, the growing awareness concerning workers’ safety is also anticipated to fuel the market growth.
The Middle East & Africa is anticipated to witness steady growth attributed to the heavy industrial activities across the Saharan countries whereas, South American countries such as, Brazil have large mineral deposits and is considered as the developed nation in the field of mining. This in turn, is anticipated to propel the market growth.
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