Global Ball Mills Market to Rise Due to Low Installation Cost and High Energy Efficiency
Albany, New York, April 14, 2017: Market Research Reports Search Engine (MRRSE) has recently announced the addition of a new report to its ever-expanding online collection of market intelligence on the global industry verticals. This report is titled as “Ball Mills Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023”.
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A ball mill is a grinder which is used for grinding (or mixing) materials into very fine particles or powder. It is useful in several industries such as paints, ceramics, laser sintering, mineral dressing processes and pyrotechnics. Ball mills work on the principle of impact, where the grinders are the balls which are usually made of steel, stainless steel or in some cases, rubber. The ball mill is an important equipment used for grinding (or mixing) crushed substances during production in different industries. The key driver for global ball mills market are their low cost of installation and high energy efficiency. However, the market is hindered by high maintenance expense of grinding mills which contribute to unnecessary operating costs. Frequent maintenance of components such as hollow shaft, bearings and change of lubricant oil is a drawback for this industry.
The report has been compiled via exhaustive primary research including interviews, surveys, and observations of industry insiders and secondary research, which entails trustworthy paid sources, industry journals, and industrial databases. It also offers a comprehensive qualitative and quantitative assessment of every facet by analyzing information gathered from industrial analysts and market players. The study also presents a complete evaluation of the market through in-depth qualitative insights and historical data analysis along with a market growth prediction for the period of 2016 – 2023. These projections are derived using confirmed research methodologies and assumptions.
An in-depth analysis of the ongoing trends in macro and micro-economic aspects, regulations and mandates is included under the purview of the report. By doing so, the report highlights market attractiveness of each major segment over the forecast period of 2016 – 2023.
The market for global ball mills is segmented based on types of mills into drum ball mill, jet mill, planetary ball mill, bead mill, horizontal rotary ball mill and vibration ball mill. Geographically, the market is segregated into the following regions:
- North America (U.S. and Canada)
- Western Europe (U.K., Germany, Italy, France, Spain, Belgium, Netherlands, Luxembourg and Nordic countries)
- Eastern Europe (Russia and Poland)
- Asia Pacific (ASEAN, Japan, China, India, Australia and New Zealand)
- Latin America (Brazil, Mexico, Chile, Peru and others)
- Middle East and Africa (Southern Africa, North Africa, GCC)
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The key participants of global ball mills market are CNBM International Engineering Co. Ltd., Shaorui Heavy Industries Co. Ltd., Zhangqiu Heavy Forging Co. Ltd., Shanghai Minggong Heavy Equipment Co. Ltd. and Changsha Tencan Powder Technology Co. Ltd.
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