Hammer Mills Market: Industry Demands, Top Key Players, Industry Analysis & Forecast By 2026
Posted: Jul 08, 2019
A hammer mill is a steel drum that is used for shredding or crushing aggregate material into smaller pieces. Hammer mills are available in different feed sizes, feed rates, operating conditions, and others. Hammer mill offer various benefits such as minimal maintenance, ease of use, small size, and low cost. These benefits make hammer mills highly popular across the world. The adoption of hammer mills has gradually increased over a period of time across different application such as ethanol plants, dressing plant, refractory materials plant, glass, food & beverage, and others. Various regulatory bodies across the world control the safety, standards, and quality of hammer mills. These factors are expected to boost the global hammer mills market in the coming years. However, hammer mills are noisy and can generate dust pollution. This is anticipated to restrain the global hammer mills market in the near future.
The global hammer mills market is driven by different factors such rapid expansion in the food industry and increase in demand from end-use industries such as manufacturing, construction, and consumer goods. Furthermore, rapid innovation in hammer mills is anticipated to accelerate the global hammer mills market. Another factor that is anticipated to drive the hammer mills market is an increase in demand for automating various industrial processes in order to reduce manufacturing time and human error. Manufacturers of hammer mills are focused on the implementation of product development and new and advanced technology. This is expected to create significant opportunities for the global hammer mills market.
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The global hammer mills market can be segmented based on type, operation mode, application, distribution channel, and geography. Based on type, the market can be classified into up running and down running. Down running hammer mills are designed for heavy reversible hammers. In terms of operation mode, the market can be categorized into electronic and diesel. Electronic hammer mill is expected to be a highly attractive segment during the forecast period. Based on application, the market can be classified into ethanol plants, dressing plants, refractory materials plants, glass, food & beverage, and others. In terms of distribution channel, the market can be segmented into distributors, sales representative & agents, and others. Hammer mill manufacturers strongly depend upon third-party distributors for the generation of sales. Third-party distributors usually have better sales expertise, storage, and logistics infrastructure than hammer mills manufacturers themselves.
Based on geography, the global hammer mills market can be classified into North America (the U.S. and Canada) and Europe (France, the U.K., and Germany), South America (Brazil), Middle East & Africa (GCC and South Africa), Asia Pacific (China, Japan, and India). Europe is expected to dominate the global hammer mills market and is expected to maintain its market share during the forecast period. The market in the region is likely to be driven by the presence of a number of local/regional manufacturers of hammer mills. The market in Asia Pacific is expected to expand at a rapid growth rate, followed by that in North America. The market in Middle East & Africa and South America is expected to expand at a sluggish pace during the forecast period.
Major players operating in the global hammer mills market are Williams Patent Crusher and Pulverizer Co., Inc., Komplet Spa, FLSmidth, Stedman Machine Company, Kurimoto Group, Xinhaimining, Henan Hongji Mine Machinery, Jining Bafang Mining Machinery, Furukawa Industrial Machinery Systems, Kurimoto Group, RMIG Lochbleche GmbH, Asnong Brewery Services, TIETJEN Verfahrenstechnik GmbH, McLanahan, Neuman & Esser Group, SKY Mining Machinery, IDEX MPT Inc. and others. Hammer mills manufacturers are expected to focus on untapped markets, global expansion, and sales representative & agents. Furthermore, market players are focusing on product innovations and new product offering in order to gain a competitive advantage in the market. This strategy helps them face competition.
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