Global Mill Liner Market Analysis by Types and Applications

7 min read

Updated on 11/29/2024

The mill liner market can be segmented into several types, including the metal mill liner, rubber mill liner, and composite mill liner, additionally, there are specialized liners such as the magnetic mill liner, and the polyurethane mill liner.

Item

Description

Metal Mill Liner

Metal Mill Liners are the most widely used type of mill lining and are typically made from high-strength steel alloys such as manganese steel, chromium steel, or nickel-hardened steel. These Mill Liners are strong, durable, abrasion and impact-resistant, making them suitable for high-wear applications such as grinders.

Rubber Mill Liner

Rubber Mill Liner is another popular type of Mill Liner used in grinders. They are typically made from natural or synthetic rubber and offer several advantages over Metal Mill Liners, including better shock absorption, reduced noise levels, and improved grinding efficiency.

Composite Mill Liner

Composite Mill Liners are made from a combination of materials such as rubber and steel or rubber and ceramic to provide a stronger and more durable liner with the benefits of both materials. Composite Mill Liner is known for its excellent wear resistance, impact resistance, and energy absorption capabilities.

Others

Others include magnetic Mill Liner and polyurethane Mill Liner. The Magnetic Mill Liner is a relatively new type of liner that uses magnetic fields to hold the grinding media in place. These liners are usually made of ferromagnetic materials. Polyurethane Mill Liner is made of polyurethane.

The applications for mill liners mainly include the cement industry, mining, thermal power, and metal casting.

Item

Description

Cement Industry

The goal of the cement industry is to manufacture cement. Limestone, clay and other raw materials are ground into fine powder, called raw meal. The raw meal is sintered in a cement kiln and becomes clinker. Clinker is ground into a fine powder in a cement mill and mixed with gypsum to make cement.

Mining

Mining is the process of extracting useful materials from the earth. Some examples of mined substances include coal, gold, or iron ore. Ore is usually relatively large in size and mixed with unwanted materials. By grinding the ore, valuable minerals are separated from the gangue so that they can be concentrated and extracted. Grinding is usually done in a grinder, which is a large rotating cylinder or drum.

Thermal Power

Thermal power generation is a power generation method that utilizes the thermal energy generated when solid, liquid, and gaseous fuels such as coal, oil, and natural gas are burned, and converts it into electrical energy through a power generation device. The basic process of this power generation method is: the fuel is burned in the boiler, and its heat is released and transferred to the water in the boiler, thereby generating high-temperature and high-pressure steam; the steam passes through the steam turbine and converts the heat energy into rotational power to drive the generator output electrical energy. In the thermal power generation process, coal grinding machines are mainly used in the coal grinding process of the combustion system. In this process, coal is ground into extremely fine particles by a coal mill for efficient combustion in the boiler furnace.

Metal Casting

Metal casting is a process in which metal is smelted into a liquid that meets certain requirements and poured into a mold. After cooling, solidification, and cleaning, casting with a predetermined shape, size, and performance is obtained. Because the casting blanks are nearly formed, in addition to mass production of cast iron and cast steel, they are also used to produce large machine tool beds, rolling stock leaf springs, large gears, military weapons, etc. In the metal casting process, the grinding mill is mainly used to grind and polish castings to remove burrs and unevenness on the surface to make the castings smoother and more beautiful.

In 2018, the metal mill liner held the largest share with sales of 339.21 K Tons, which increased to 384.22 K Tons by 2022, and is projected to reach 568.74 K Tons by 2028, reflecting a CAGR of 6.76%. The rubber mill liner market saw sales of 66.68 K Tons in 2018, rising to 75.94 K Tons in 2022, with an expected growth to 115.91 K Tons by 2028, indicating a higher CAGR of 7.30%. The composite mill liner, which combines the properties of rubber and other materials, showed sales of 126.16 K Tons in 2018, 150.64 K Tons in 2022, and is anticipated to grow to 238.31 K Tons by 2028, with the highest CAGR of 7.95% among the three. The total market volume was 532.05 K Tons in 2018, 610.80 K Tons in 2022, and is expected to grow to 922.96 K Tons by 2028, with an overall CAGR of 7.12%. This data suggests a robust growth trajectory for the mill liner market, with composite liners showing the most significant growth potential.

 

2018

2022

2028

CAGR (2022-2028)

Metal Mill Liner

339.21

384.22

568.74

6.76%

Rubber Mill Liner

66.68

75.94

115.91

7.30%

Composite Mill Liner

126.16

150.64

238.31

7.95%

Total

532.05

610.80

922.96

7.12%

The mining sector’s consumption of mill liners is significantly higher compared to other industries listed in the table. In 2018, the mining sector consumed 285.95 K Tons of mill liners, which was the highest among the sectors presented. This consumption increased to 328.36 K Tons in 2022 and is projected to reach 495.25 K Tons by 2028, with a CAGR of 7.09% from 2022 to 2028.

 

2018

2022

2028

CAGR (2022-2028)

Cement Industry

106.37

125.21

196.68

7.82%

Mining

285.95

328.36

495.25

7.09%

Thermal Power

100.07

94.64

135.38

6.15%

Metal Casting

184.93

62.59

95.66

7.33%

Total

532.05

610.80

922.96

7.12%

In 2023, the prices of different types of mill liners show a clear hierarchy with rubber mill liners being the most expensive, followed by composite mill liners, and metal mill liners being the least costly.

The rubber mill liner is priced at 5356 USD/ton, which is significantly higher than the other two types, indicating its potential premium in the market due to its unique properties such as better shock absorption and reduced noise levels. The composite mill liner, known for its excellent wear resistance and energy absorption capabilities, is priced at 4219 USD/ton, reflecting a balance between performance and cost. The metal mill liner, while being the most widely used and typically made from high-strength steel alloys, is priced at 3157 USD/ton, suggesting a more cost-effective option for applications that require high durability and resistance to abrasion and impact

The average price across all types is 3696 USD/ton, which is influenced by the metal mill liner’s lower price point and the higher prices of the other two types. This pricing structure provides a range of options for various industrial applications, allowing for a balance between cost and the specific performance characteristics required by different sectors.

 

2018

2019

2020

2021

2022

2023

Metal Mill Liner

2924

2889

2858

3411

3236

3157

Rubber Mill Liner

4989

5041

4941

5408

5302

5356

Composite Mill Liner

3940

3908

3869

4305

4170

4219

Average

3424

3401

3361

3875

3723

3696

In 2018, the metal mill liner in the mining sector generated the highest revenue at 579.69 million USD, followed by composite mill liners at 253.43 million USD, and rubber mill liners at 152.62 million USD, with a total revenue of 985.73 million USD. There was a decline in 2020, with the total revenue dropping to 955.76 million USD. metal mill liners decreased to 557.81 million USD, rubber mill liners to 143.75 million USD, and composite mill liners to 254.20 million USD. The market rebounded in 2021, with total revenue rising to 1185.03 million USD. metal mill liners saw a significant increase to 730.59 million USD, rubber mill liners to 155.82 million USD, and Composite Mill Liners to 298.61 million USD.

By 2023, the total revenue slightly decreased to 1302.21 million USD, with metal mill liners at 771.49 million USD, rubber mill liners at 185.78 million USD, and composite mill liners at 344.94 million USD. This data indicates a fluctuating market with an overall increasing trend in the consumption revenue of mill liners in the mining industry.

 

2018

2019

2020

2021

2022

2023

Metal Mill Liner

579.69

591.92

557.81

730.59

754.45

771.49

Rubber Mill Liner

152.62

156.67

143.75

155.82

163.32

185.78

Composite Mill Liner

253.43

262.91

254.20

298.61

313.09

344.94

Total

985.73

1011.50

955.76

1185.03

1230.86

1302.21

Updated on 11/29/2024
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