What is Global Roll Grinders Market?
The Global Roll Grinders Market is a comprehensive study of the global market trends and growth prospects for roll grinders, which are machines used in industries such as steel, non-ferrous metals, papermaking, and textiles to grind rolls to very high levels of precision. These machines are essential for ensuring the smooth operation of rolling mills and other industrial processes that rely on precision-ground rolls. The market for these machines is driven by the demand from these industries, which in turn is influenced by factors such as industrial growth, technological advancements, and the need for improved efficiency and productivity. The Global Roll Grinders Market report provides an in-depth analysis of the market, including its size, growth rate, key players, and regional distribution. However, specific data on the market size and growth rate is not available.
Wheel-Traverse Type, Table-Traverse Type in the Global Roll Grinders Market:
The Global Roll Grinders Market is segmented based on the type of grinder, namely Wheel-Traverse Type and Table-Traverse Type. The Wheel-Traverse Type grinder moves the grinding wheel along the roll, while the Table-Traverse Type grinder moves the roll along the grinding wheel. Each type has its own advantages and is suited to different applications. The choice between the two types depends on factors such as the size and shape of the roll, the required precision, and the production volume. The Wheel-Traverse Type grinder is the most popular, accounting for over 50% of the market. However, the Table-Traverse Type grinder is also gaining popularity due to its ability to handle larger rolls and achieve higher precision.
Steel, Non-Ferrous, Papermaking and Textile, Others in the Global Roll Grinders Market:
The Global Roll Grinders Market finds its usage in various industries such as Steel, Non-Ferrous, Papermaking, and Textile among others. In the steel industry, roll grinders are used to grind the rolls used in rolling mills, which are essential for producing steel sheets and plates. The non-ferrous industry uses roll grinders for the production of non-ferrous metals such as aluminum and copper. In the papermaking industry, roll grinders are used to grind the rolls used in paper machines, which are crucial for producing high-quality paper. The textile industry also uses roll grinders for the production of textiles. Each of these industries has its own specific requirements and preferences when it comes to roll grinders, which influences the market dynamics.
Global Roll Grinders Market Outlook:
The Global Roll Grinders Market was valued at US$ 471.6 million in 2022 and is projected to reach US$ 554 million by 2029, growing at a CAGR of 2.3% during the forecast period 2023-2029. The market is dominated by a few key players, including Tenova and ANDRITZ, which together hold over 40% of the market share. Europe is the largest market for roll grinders, accounting for about 50% of the market, followed by China and Japan, which account for about 25% and 15% of the market, respectively. The largest product segment in the market is the wheel-traverse type grinder, which holds over 50% of the market. The largest application segment is the steel industry, which accounts for about 40% of the market.
| Report Metric | Details |
| Report Name | Roll Grinders Market |
| Accounted market size in 2022 | US$ 471.6 million |
| Forecasted market size in 2029 | US$ 554 million |
| CAGR | 2.3% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Tenova, ANDRITZ, Shibaura Machine, Herkules, Hiecise, GEORG, SBA, GRINDIX Industries, PRAISE Machinery, Guiyang Xianfeng Machine Tool, PROMA Machinery, Shanghai Machine Tool Works |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
