Ball Mill for Mining Global Market Report 2025

The ball mill for mining market size has grown strongly in recent years. It will grow from $4.19 billion in 2024 to $4.47 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth during the historic period is driven by rising demand for mineral processing equipment, expansion of the mining sector in developing countries, increasing consumption of metals and minerals, government initiatives supporting mining infrastructure, and adoption of mechanized grinding techniques.

The ball mill for mining market size is expected to see strong growth in the next few years. It will grow to $5.82 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be connected to growing investment in sustainable mining technologies, demand for high capacity and energy efficient ball mills, expansion of underground and deep sea mining, increasing adoption of automation and digital monitoring in milling operations, rising demand for processed minerals in renewable energy sectors. Major trends in the forecast period include integration of iot and ai for predictive maintenance, development of hybrid wet dry ball mills, focus on eco friendly grinding media, miniaturization of laboratory and pilot scale mills, expansion of large scale custom milling solutions.

The increasing demand for minerals and metals is expected to contribute to the growth of the ball mill for mining market going forward. Minerals and metals refer to naturally occurring inorganic substances extracted from the earth that are utilized in construction, manufacturing, technology, and various industrial applications. The rise in demand for minerals and metals results from the expansion of renewable energy technologies, which require significant quantities of metals such as lithium, cobalt, and copper for batteries and wind turbines. Ball mills for mining support the minerals and metals sector by grinding ores into fine particles, enabling efficient separation of valuable minerals from waste rock, which improves downstream processes such as flotation, leaching, and smelting, thereby maximizing recovery rates and the economic value of extracted resources. For instance, in September 2025, according to the Foreign, Commonwealth and Development Office, a United Kingdom-based government department, South Africa could earn between approximately USD 787 million (£630 million) and USD 1.35 billion (£1.08 billion) from processing, as demand for battery-grade materials is expected to triple by 2030, supported by its position as one of five countries with high-grade sulphide nickel reserves and as a leading global manganese producer. Therefore, the increasing demand for minerals and metals is supporting the growth of the ball mill for mining market.

Leading companies operating in the ball mill for mining market are emphasizing the development of innovative solutions such as gold ore processing facilities to build new large scale gold mining and processing capacities in resource rich regions. A gold ore processing facility is an industrial installation equipped with crushing, grinding, and separation systems used to extract and refine gold from mined ore. For instance, in September 2025, Deccan Gold Mines Limited, an India based gold exploration and mining company, launched the Altyn Tor Gold Project in Kyrgyzstan. The project features a large scale ore reserve with higher than expected grades and includes multiple conveyors, a crusher system, and a ball mill scheduled to begin operations in September 2025. It marks the first Indian operated gold mining venture in Central Asia and is designed for continuous, all weather production of Dore gold bars, reflecting a major expansion in gold extraction and mineral processing capabilities.

In August 2024, Metso Corporation, a Finland-based industrial company that supplies ball mills for mining, entered into a comprehensive framework agreement worth $0.21 billion (EUR 200 million) with Reko Diq Mining Company (Private) Limited. Under this agreement, Metso will provide essential process equipment for the Reko Diq copper-gold project in Pakistan, contributing to the development of one of the world’s largest undeveloped mining operations. Reko Diq Mining Company (Private) Limited is a Pakistan-based mining and natural resources company.

Major players operating in the ball mill for mining market are Metso Corporation, FLSmidth & Co. A/S, CITIC Limited, ThyssenKrupp AG (Polysius), KHD Humboldt Wedag, Sepro Mineral Systems Corp., Hongxing Machinery, Zhongde Heavy Industry (Luoyang Zhongde Heavy Industries Co., Ltd.), Pengfei Group, Henan Santai Machinery Manufacturing Co., Ltd., Henan Shaolin Heavy Machines Co., Ltd., Anyang General International Co., Ltd. (AGICO Group), Furukawa Industrial Machinery Systems Co., Ltd., Gebr. Pfeiffer, Union Process, Fote Heavy Machinery, Shibang Industry & Technology Group Co., Ltd., Henan Baichy Machinery Equipment Co., Ltd., Henan Hongji Mine Machinery Co., Ltd., Shanghai Minggong Heavy Equipment Co. Ltd., Christian Pfeiffer, The Nile Machinery Co., Ltd., Shree Bhagawati (Bhagawati), Zhengzhou Chunlei Machinery Manufacturing Co., Ltd., Laxmi Engineers, Promas Engineers, Shalimar Engineering, Techno Designs, Shenyang Metallurgy, Mikron Group.

Asia-Pacific was the largest region in the ball mill for mining market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ball mill for mining market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the mining sector, particularly in equipment procurement, export activity, and supply chain continuity. Higher duties on imported heavy machinery, drilling equipment, and specialized components have raised capital and operational costs for mining firms, delaying new project launches and limiting production efficiency. At the same time, retaliatory tariffs imposed by key trade partners have reduced export demand for U.S.-mined resources - especially critical minerals like lithium, copper, and rare earth elements - exacerbating revenue pressures. These dynamics are particularly challenging for mid-sized and specialty mining operators reliant on international markets. In response, the sector is increasingly investing in domestic equipment manufacturing partnerships, expanding recycling initiatives for strategic minerals, and advocating for trade exemptions to restore global competitiveness while ensuring long-term resource security.

The ball mill for mining market research report is one of a series of new reports that provides ball mill for mining market statistics, including ball mill for mining industry global market size, regional shares, competitors with a ball mill for mining market share, detailed ball mill for mining market segments, market trends and opportunities, and any further data you may need to thrive in the ball mill for mining industry. This ball mill for mining market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A ball mill for mining refers to a rotating cylindrical machine that employs steel or ceramic balls to grind ores and minerals into smaller particles. The grinding process occurs through impact and attrition as the cylinder continuously rotates. It is primarily used to reduce raw ore into fine powder, allowing easier extraction of valuable elements. This machine serves as an essential component for achieving uniform particle size in material preparation processes.

The major types in the ball mill for mining market are wet grinding ball mill, dry grinding ball mill, and others. A wet grinding ball mill refers to a type of ball mill in which the material to be ground is combined with a liquid, typically water, to form a slurry. The available capacities include small, medium, and large, with grinding media such as forged steel balls, cast iron balls, and others. The various applications include metal mining, mineral mining, and others, serving multiple end user industries such as mining companies, contract mining firms, mining equipment suppliers, and research institutions.

The countries covered in the ball mill for mining market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The ball mill for mining market consists of sales of crushers, grinding mills, flotation machines, magnetic separators, and hydrocyclones. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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