Grinding Mill Market is estimated to be valued at USD 12,290.9 Mn in 2025 and is expected to reach USD 19,996.1 Mn by 2032, growing at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 12,290.9 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
7.20%
2032 Value Projection:
USD 19,996.1 Mn
The global grinding mill market represents a critical segment within the industrial machinery sector, encompassing a diverse range of equipment designed to reduce material size through mechanical action. Grinding mills serve as essential processing units across numerous industries, including mining, cement, power generation, chemical processing, and food production, where particle size reduction is fundamental to operational efficiency and product quality. These sophisticated machines operate through various mechanisms such as impact, attrition, and compression, utilizing different technologies including ball mills, rod mills, SAG mills, and vertical mills to achieve desired particle specifications.
Market Dynamics
The global grinding mill market is primarily driven by robust industrial growth across emerging economies, particularly in Asia-Pacific regions where rapid urbanization and infrastructure development create substantial demand for cement, minerals, and processed materials. The expanding mining sector, fueled by increasing demand for metals and minerals in construction, automotive, and electronics industries, significantly propels market growth as grinding mills are essential for ore processing and mineral beneficiation. Additionally, the growing emphasis on energy efficiency and sustainability has accelerated adoption of advanced grinding technologies that reduce power consumption while maintaining optimal performance levels. However, the market faces considerable restraints including high initial capital investment requirements for sophisticated grinding equipment, which can deter small and medium-sized enterprises from upgrading their facilities.
Key Features of the Study
This report provides an in-depth analysis of the global grinding mill market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global grinding mill market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include FLSmidth, Metso Outotec, SWECO, Weir Group, GEA Group, Mills & Manufacturing, Inc., Schneider Electric, CEMTEC, KHD Humboldt Wedag, HOSOKAWA ALPINE, Buhler Group, Siebtechnik Tema, Ika Works, Pallmann, and Royal Duyvis Wiener
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global grinding mill market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global grinding mill market.
Market Segmentation
Component Insights (Revenue, USD Mn, 2020 - 2032)
Heads
Shells
Gears and Pinions
Main Bearings
Trunnions
Trunnion liners
Other Components
Mill Type Insights (Revenue, USD Mn, 2020 - 2032)
Horizontal Grinding Mills
Vertical Rolling Mills
Capacity Insights (Revenue, USD Mn, 2020 - 2032)
Above 10 TPH
1 to 10 TPH
Less than 1 TPH
Product Type Insights (Revenue, USD Mn, 2020 - 2032)
Wet Grinding Mills
Dry Grinding Mills
End-use Industry Insights (Revenue, USD Mn, 2020 - 2032)
Mining and Metallurgy
Construction
Chemical and Petrochemical
Food and Beverage
Power Generation
Others
Regional Insights (Revenue, USD Mn, 2020 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
FLSmidth
Metso Outotec
SWECO
Weir Group
GEA Group
Mills & Manufacturing, Inc.
Schneider Electric
CEMTEC
KHD Humboldt Wedag
HOSOKAWA ALPINE
Buhler Group
Siebtechnik Tema
Ika Works
Pallmann
Royal Duyvis Wiener
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Grinding Mill Market, By Component
Global Grinding Mill Market, By Mill Type
Global Grinding Mill Market, By Capacity
Global Grinding Mill Market, By Product Type
Global Grinding Mill Market, By End-use Industry
Global Grinding Mill Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Grinding Mill Market, By Component, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Heads
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Shells
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Gears and Pinions
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Main Bearings
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Trunnions
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Trunnion liners
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Other Components
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
5. Global Grinding Mill Market, By Mill Type, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Horizontal Grinding Mills
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Vertical Rolling Mills
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
6. Global Grinding Mill Market, By Capacity, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Above 10 TPH
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
1 to 10 TPH
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Less than 1 TPH
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
7. Global Grinding Mill Market, By Product Type, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Wet Grinding Mills
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Dry Grinding Mills
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
8. Global Grinding Mill Market, By End-use Industry, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Mining and Metallurgy
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Chemical and Petrochemical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Food and Beverage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Power Generation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
9. Global Grinding Mill Market, By Region, 2020 - 2032, Value (USD Mn)