LAMEA High Pressure Grinding Roller (HPGR) Market Size, Share & Industry Trends Analysis Report By Type (Non-Ferrous Material Processing and Ferrous Material Processing), By End User, By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa High Pressure Grinding Roller (HPGR) Market would witness market growth of 11.6% CAGR during the forecast period (2022-2028).
The largest feed size that may be processed in an HPGR depends on equipment specifications and ore characteristics. Consequently, it fluctuates within defined ranges, permitting the use of HPGRs in secondary, tertiary, and quaternary crushing operations. Compared to traditional comminution equipment, high pressure grinding rolls (HPGRs) generate a greater proportion of particles in the final product size.
Due to the nature of inter-particle comminution between the two rollers, however, the HPGR output may also contain a tiny number of large particles. When HPGRs are operated in closed-circuit mode with several materials passes, the best decrease ratios for all particulate size classes are attained. Continuous innovation in wear protection elements and technologies, press frames, drive trains, and hydraulic systems have set the path for initial entry into the cement industry, followed by entry into the ores and minerals industry.
Since the 1990s, HPGRs have become more prevalent in the mineral processing industry. In the iron ore sector, HPGRs were initially implemented in 1994. The machines were first used to grind reasonably fine ore for pellet feed in pre-treatment facilities. Since 1997, coarse iron ore and pebbles have also been processed using roller presses. Copper, diamond, lithium, gold, iron, nickel, vanadium, molybdenum, and others are among the ores and minerals that are processed utilizing HPGR technology today.
Iran is one of the world's largest countries by land size and has vast untapped potential in regions that have been mostly ignored due to economic sanctions. All of this is going to change as a result of the forthcoming historic Iran-US accord. Due to the uncertain social and political climate, companies may be cautious to invest in Iran in the near term, but as time passes, Iran will experience an increase in foreign investment inflows. Initially, government aid for international businesses will be essential. Several substantial investment proposals have already been presented.
The Brazil market dominated the LAMEA High Pressure Grinding Roller (HPGR) Market by Country in 2021; thereby, achieving a market value of $12.4 million by 2028. The Argentina market is showcasing a CAGR of 12.2% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 11.2% during (2022 - 2028).
Based on Type, the market is segmented into Non-Ferrous Material Processing and Ferrous Material Processing. Based on End User, the market is segmented into Ore & Mineral Processing and Cement. Based on Application, the market is segmented into Diamond Liberation, Pellet Feed Preparation, Precious Metal Beneficiation, and Base Metal Liberation. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, SGS S.A., Thyssenkrupp AG (Polysius AG), FLSmidth & Co. A/S, Metso Outotec Corporation, Citic Heavy Industries Co Ltd (CITIC Limited), AGICO, s.r.o., Shanghai Zenith Minerals Co., Ltd, KHD Humboldt Wedag International AG and Maschinenfabrik Köppern GmbH & Co. KG
Scope of the Study
Market Segments Covered in the Report:
- Non-Ferrous Material Processing
- Ferrous Material Processing
By End User
- Ore & Mineral Processing
- Diamond Liberation
- Pellet Feed Preparation
- Precious Metal Beneficiation
- Base Metal Liberation
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- SGS S.A.
- Thyssenkrupp AG (Polysius AG)
- FLSmidth & Co. A/S
- Metso Outotec Corporation
- Citic Heavy Industries Co Ltd (CITIC Limited)
- AGICO, s.r.o.
- Shanghai Zenith Minerals Co., Ltd
- KHD Humboldt Wedag International AG
- Maschinenfabrik Köppern GmbH & Co. KG
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