Vertical Roller Mill Market Size to Reach US$ 800 Million by 2030
The global Vertical Roller Mill market size is projected to reach US$ 800 million by 2030, from US$ 560 million in 2020, at a CAGR of 3.5% during 2021-2030.
Vertical roller mill is a type of grinder used to grind materials into extremely fine powder for use in mineral dressing processes, paints, pyrotechnics, cements and ceramics. It is an energy efficient alternative for a ball mill.
Grinding of raw materials requires considerable energy. In the tube mills that were used for grinding, energy efficiency levels were low. Therefore, the vertical roller mill has been introduced in the market. The vertical roller mill has the installation space is smaller compared with tube mills and it has high energy efficiency. The vertical roller mill is a kind of crushing equipment which saves energy and is highly efficient. Vertical roller mills have integrated the crushing and grading into a single whole, satisfying the requirements of the consumers. The key purpose of a vertical rolling machine is to perform the powder crushing manufacturing of materials such as kaolin, calcite, wollastonite, feldspar, limestone, glaze, fluorite, light dry stone coal, potassium salt slag, vermiculite, barite, slag, mica, brucite, spores, garnet, quartz, etc. Vertical roller mills can also be used in non-metal mining areas with Mohs hardness of less than seven degree, such as in mining metallurgy, electronics, chemical industry, food, medicine, agriculture, daily chemicals, buildings, and so on.
The vertical roller mill market is anticipated to expand at a good growth rate in the coming years. Increase in usage of vertical mills in various industries such as cement, coal, slag grinding, desulfurization industry, etc. due to rapid industrialization and technological advancements in mill manufacturing technologies and processing equipment are the key trends propelling the vertical roller mill market. The environment friendly nature of vertical roller mills in terms of recyclability and low waste generation is a driving factor for the adoption of vertical roller mills. Demand for manufactured industrial products with high precision finish in end-use industries is likely to boost sales of vertical roller mills. Moreover, rise in demand for superior quality products and computer numerical control (CNC) machines worldwide are expected to fuel the market. Additionally, advancements in ongoing research & development activities to develop innovative, effective, and cheaper vertical roller mills is anticipated to propel the market. However, increasing competition from substitutes and fluctuations in prices of raw materials are some factors that are anticipated to limit the expansion of the market. Another restraining factor for the vertical roller mill market is the maintenance and repair of vertical roller mills which is highly technical and specialized, and which should be performed by experts with experience gained from repairs worldwide. Asia Pacific is expected to be a prominent region of the vertical roller mill market due to rise in income of people living in urban areas, rapid urbanization, and significant rise in industrial applications in the last few years.
Research Methodology
The research methodology is a combination of primary research secondary research and expert panel reviews. Secondary research includes sources such as press releases company annual reports and research papers related to the industry. Other sources include industry magazines, trade journals, government websites and associations were can also be reviewed for gathering precise data on opportunities for business expansions in Global Vertical Roller Mill Market.
Primary research involves telephonic interviewsvarious industry experts on acceptance of appointment for conducting telephonic interviewssending questionnaire through emails (e-mail interactions) and in some cases face-to-face interactions for a more detailed and unbiased review on the Global Vertical Roller Mill Market, across various geographies. Primary interviews are usually carried out on an ongoing basis with industry experts in order to get recent understandings of the market and authenticate the existing analysis of the data. Primary interviews offer information on important factors such as market trends market size, competitive landscapegrowth trends, outlook etc. These factors help to authenticate as well as reinforce the secondary research findings and also help to develop the analysis team’s understanding of the market.
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Key Players
Some of the key operating players in the vertical roller mill market are Loesche GmbH, Danobat Group, Gebr. Pfeiffer SE,GBM, Flsmidth, ALSTOM Power, Bestall-Sharp Group, Nicolás Correa S.A., Shanghai SUAMG Company,UBE MACHINERY CORPORATION,LTD.,CHIRON Werke, Kawasaki, Fryer Machine Systems, Dalian Machine Tool Group, NHI,EMCO, Citic Heavy Industry, DMG MORI, F.Zimmermann, GILDEMEISTER, GF Machining solutions, Shenyang Machine Tools, Yamazaki Mazak, Bridgeport, Doosan Machine Tools, Eumach, FERMAT, Fidia, Fuji Machines, Gleason, and GROB GROUP. Players in the vertical roller mill market focus on acquisitions & mergers and business alliances. Active players in the vertical roller mill market also focus on innovative technology.
| Report Coverage | Details |
| Market Size | US$ 800 Million by 2030 |
| Growth Rate | CAGR of 3.5% From 2021-2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, Type, Application, Material |
| Regional Scope | North America, Latin America, Europe, Asia Pacific, MEA |
| Companies Mentioned | Loesche GmbH, Danobat Group, Gebr. Pfeiffer SE, GBM, Flsmidth, ALSTOM Power, Bestall-Sharp Group, Nicolás Correa S.A., Shanghai SUAMG Company, UBE MACHINERY CORPORATION,LTD., CHIRON Werke |
Market Segmentation
By Product Type
By Type
By Application
By Material Type
By Region Type
The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes the competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.
COVID-19 Impact
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the vertical roller mill market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Major highlights of Report:
Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the vertical roller mill market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the vertical roller mill market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Vertical roller mill market.
Market Segments: This part of the report discusses about product, application and other segments of the vertical roller mill market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses about the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Vertical Roller Mill Market, By Product
7.1. Vertical Roller Mill Market, by Product Type, 2021-2030
7.1.1. Spring
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Hydraulic
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Vertical Roller Mill Market, By Type
8.1. Vertical Roller Mill Market, by Type, 2021-2030
8.1.1. Less Than 200t/h
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. 200-400t/h
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. More Than 400t/h
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Vertical Roller Mill Market, By Application Type
9.1. Vertical Roller Mill Market, by Application Type, 2021-2030
9.1.1. Manufacturing Industry
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Mining
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Foundries
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Cements
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Vertical Roller Mill Market, By Material Type
10.1. Vertical Roller Mill Market, by Material Type, 2021-2030
10.1.1. Dolomite
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Calcite
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Quartz
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Basalt
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Vertical Roller Mill Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.1.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.1.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.1.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.7.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.8.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.2.8.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.7.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.8.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.3.8.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.7.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.8.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.4.8.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.5.5.4. Market Revenue and Forecast, by Material Type (2017-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
11.5.6.4. Market Revenue and Forecast, by Material Type (2017-2030)
Chapter 12. Company Profiles
12.1. Loesche GmbH
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Danobat Group
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Pfeiffer SE
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Flsmidth
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. ALSTOM Power
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Bestall-Sharp Group
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Nicolás Correa S.A.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Shanghai SUAMG Company
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. UBE MACHINERY CORPORATION,LTD.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. CHIRON Werke
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Kawasaki
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers