Global Mill Liner Sales Volume is Likely to Increase at 4% CAGR Between 2019 and 2029

Global Mill Liner Sales Volume is Likely to Increase at 4% CAGR Between 2019 and 2029 Global mill liner sales reached 7 million units in 2018, with growth likely to maintain its course at 4% in 2019. As projected by Fact.MR’s latest research intelligence, the global market for mill liners will see a moderate growth outlook in terms of volume, over the course of coming years. A majority of gains are underpinned by the demand within cement industry, followed by that from the mining industry, says report. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=3855 As per the production data, the cement industry has shown significant growth in the past few years owing to the increase in construction activities. The cement consumption will continue to be driven by significantly increasing construction activities in emerging countries throughout the Asia Pacific and MEA regions. The Chinese market will be continuing its dominancy in cement production industries followed by India. The upsurge in cement production is likely to boost the demand for milling operation, which in turn create healthy growth opportunities for global mill liners market. To satisfy the global requirement, substantial investments have been made in the mining industry, in prominent regions, including Canada, Latin America, Australia, Asia, and Central Europe, among others. Growing with the trends, the mining industry is introducing new and advanced extraction technologies, which are capturing investors’ attention to mining activities. The grinding mills have majorly used in the mining industry for the comminution of different mineral ores. The rising investments in mining are estimated to translate into new sales of milling equipment, including mill liners. Steel Remains the Material of Choice for Mill Liner Manufacturers The study opines that steel, closely trailed by rubber, remains a preferred choice of material for manufacturing of mill liners. Fact.MR’s analysis suggests that both the materials collectively make up for the material choice for ~65% of mill liners that are sold. Steel will however continue to reign supreme over the foreseeable future, as indicated by the report. For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=3855 Fact.MR’s analysis concludes that the replacement of mill liners continues to gain prominence over new mill liner sales in the global market, and the former accounts for 3/5th shares of the overall sales volume. Manufacturers, in line with the growing market shares of mill liners replacement, are vying for differentiation for a competitive edge. As increasing scope of

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