Summary

The global market for Forged Steel Grinding Media was estimated to be worth US$ 3652 million in 2024 and is forecast to a readjusted size of US$ 4488 million by 2031 with a CAGR of 3.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Forged Steel Grinding Media cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Forged steel grinding media are high-strength steel balls or rods used primarily in milling and grinding processes within the mining, cement, and power generation industries. Produced through a hot forging process, these media offer superior toughness, wear resistance, and impact strength compared to cast alternatives. Their primary function is to break down ores and other hard materials in ball mills or sag mills, ensuring efficient size reduction and better mineral recovery. The uniform microstructure and hardness of forged steel media help reduce breakage rates, lower contamination, and extend mill efficiency. In 2024, global Forged Steel Grinding Media production reached approximately 5601 K MT, with an average global market price of around US$ 652 per MT.

The forged steel grinding media market plays a crucial role in various industries, particularly in mining, cement, and thermal power generation. These grinding media are essential for breaking down ores and raw materials in milling processes, offering high impact strength and wear resistance, which ensures efficiency and longevity in operational equipment. The market is influenced by industrial growth, particularly in emerging economies where infrastructure development and mining activities are on the rise. Environmental regulations and advancements in manufacturing technologies also shape the competitive landscape, pushing producers to develop more durable and eco-friendly solutions.
Market dynamics are driven by end-user demand, technological innovation, and the global emphasis on operational efficiency. Players in the forged steel grinding media industry focus on optimizing product quality while maintaining cost-effectiveness to stay competitive. Strategic partnerships, capacity expansions, and regional market penetration are common approaches to meet the evolving needs of customers. Despite facing challenges such as fluctuating raw material prices and the rise of alternative materials, the market continues to evolve steadily with a focus on performance and sustainability.

This report aims to provide a comprehensive presentation of the global market for Forged Steel Grinding Media, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Forged Steel Grinding Media by region & country, by Type, and by Application.
The Forged Steel Grinding Media market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Forged Steel Grinding Media.

Market Segmentation
By Company
Longteng Special Steel
Oriental Casting and Forging
Sheng Ye Grinding Ball
Shandong Huamin
Jinan Huafu
Jinchi Steel Ball
Jinan Daming New Material
Zhengxing Grinding Ball
Dongyuan Steel Ball
Zhangqiu Gudao Steel Ball
Jianzhen Steel Ball
Zhangqiu Ruinian Casting and Forging
Zhangqiu Taitou
Sanxing Steel Ball
Taishan Steel Ball
Ningjin Huanqiu Casting
Qingzhou Huahong
Segment by Type
Forged Steel Grinding Ball
Forged Steel Grinding Cylpeb
Others
Segment by Application
Mineral Dressing
Thermal Power Plant
Chemical Engineering
Cement Industrial
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Forged Steel Grinding Media manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Forged Steel Grinding Media in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Forged Steel Grinding Media in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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Table of Contents

1 Market Overview
1.1 Forged Steel Grinding Media Product Introduction
1.2 Global Forged Steel Grinding Media Market Size Forecast
1.2.1 Global Forged Steel Grinding Media Sales Value (2020-2031)
1.2.2 Global Forged Steel Grinding Media Sales Volume (2020-2031)
1.2.3 Global Forged Steel Grinding Media Sales Price (2020-2031)
1.3 Forged Steel Grinding Media Market Trends & Drivers
1.3.1 Forged Steel Grinding Media Industry Trends
1.3.2 Forged Steel Grinding Media Market Drivers & Opportunity
1.3.3 Forged Steel Grinding Media Market Challenges
1.3.4 Forged Steel Grinding Media Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Forged Steel Grinding Media Players Revenue Ranking (2024)
2.2 Global Forged Steel Grinding Media Revenue by Company (2020-2025)
2.3 Global Forged Steel Grinding Media Players Sales Volume Ranking (2024)
2.4 Global Forged Steel Grinding Media Sales Volume by Company Players (2020-2025)
2.5 Global Forged Steel Grinding Media Average Price by Company (2020-2025)
2.6 Key Manufacturers Forged Steel Grinding Media Manufacturing Base and Headquarters
2.7 Key Manufacturers Forged Steel Grinding Media Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Forged Steel Grinding Media
2.9 Forged Steel Grinding Media Market Competitive Analysis
2.9.1 Forged Steel Grinding Media Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Forged Steel Grinding Media Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Forged Steel Grinding Media as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Forged Steel Grinding Ball
3.1.2 Forged Steel Grinding Cylpeb
3.1.3 Others
3.2 Global Forged Steel Grinding Media Sales Value by Type
3.2.1 Global Forged Steel Grinding Media Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Forged Steel Grinding Media Sales Value, by Type (2020-2031)
3.2.3 Global Forged Steel Grinding Media Sales Value, by Type (%) (2020-2031)
3.3 Global Forged Steel Grinding Media Sales Volume by Type
3.3.1 Global Forged Steel Grinding Media Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Forged Steel Grinding Media Sales Volume, by Type (2020-2031)
3.3.3 Global Forged Steel Grinding Media Sales Volume, by Type (%) (2020-2031)
3.4 Global Forged Steel Grinding Media Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Mineral Dressing
4.1.2 Thermal Power Plant
4.1.3 Chemical Engineering
4.1.4 Cement Industrial
4.1.5 Others
4.2 Global Forged Steel Grinding Media Sales Value by Application
4.2.1 Global Forged Steel Grinding Media Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Forged Steel Grinding Media Sales Value, by Application (2020-2031)
4.2.3 Global Forged Steel Grinding Media Sales Value, by Application (%) (2020-2031)
4.3 Global Forged Steel Grinding Media Sales Volume by Application
4.3.1 Global Forged Steel Grinding Media Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Forged Steel Grinding Media Sales Volume, by Application (2020-2031)
4.3.3 Global Forged Steel Grinding Media Sales Volume, by Application (%) (2020-2031)
4.4 Global Forged Steel Grinding Media Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Forged Steel Grinding Media Sales Value by Region
5.1.1 Global Forged Steel Grinding Media Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Forged Steel Grinding Media Sales Value by Region (2020-2025)
5.1.3 Global Forged Steel Grinding Media Sales Value by Region (2026-2031)
5.1.4 Global Forged Steel Grinding Media Sales Value by Region (%), (2020-2031)
5.2 Global Forged Steel Grinding Media Sales Volume by Region
5.2.1 Global Forged Steel Grinding Media Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Forged Steel Grinding Media Sales Volume by Region (2020-2025)
5.2.3 Global Forged Steel Grinding Media Sales Volume by Region (2026-2031)
5.2.4 Global Forged Steel Grinding Media Sales Volume by Region (%), (2020-2031)
5.3 Global Forged Steel Grinding Media Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Forged Steel Grinding Media Sales Value, 2020-2031
5.4.2 North America Forged Steel Grinding Media Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Forged Steel Grinding Media Sales Value, 2020-2031
5.5.2 Europe Forged Steel Grinding Media Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Forged Steel Grinding Media Sales Value, 2020-2031
5.6.2 Asia Pacific Forged Steel Grinding Media Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Forged Steel Grinding Media Sales Value, 2020-2031
5.7.2 South America Forged Steel Grinding Media Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Forged Steel Grinding Media Sales Value, 2020-2031
5.8.2 Middle East & Africa Forged Steel Grinding Media Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Forged Steel Grinding Media Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Forged Steel Grinding Media Sales Value and Sales Volume
6.2.1 Key Countries/Regions Forged Steel Grinding Media Sales Value, 2020-2031
6.2.2 Key Countries/Regions Forged Steel Grinding Media Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Forged Steel Grinding Media Sales Value, 2020-2031
6.3.2 United States Forged Steel Grinding Media Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Forged Steel Grinding Media Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Forged Steel Grinding Media Sales Value, 2020-2031
6.4.2 Europe Forged Steel Grinding Media Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Forged Steel Grinding Media Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Forged Steel Grinding Media Sales Value, 2020-2031
6.5.2 China Forged Steel Grinding Media Sales Value by Type (%), 2024 VS 2031
6.5.3 China Forged Steel Grinding Media Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Forged Steel Grinding Media Sales Value, 2020-2031
6.6.2 Japan Forged Steel Grinding Media Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Forged Steel Grinding Media Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Forged Steel Grinding Media Sales Value, 2020-2031
6.7.2 South Korea Forged Steel Grinding Media Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Forged Steel Grinding Media Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Forged Steel Grinding Media Sales Value, 2020-2031
6.8.2 Southeast Asia Forged Steel Grinding Media Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Forged Steel Grinding Media Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Forged Steel Grinding Media Sales Value, 2020-2031
6.9.2 India Forged Steel Grinding Media Sales Value by Type (%), 2024 VS 2031
6.9.3 India Forged Steel Grinding Media Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Longteng Special Steel
7.1.1 Longteng Special Steel Company Information
7.1.2 Longteng Special Steel Introduction and Business Overview
7.1.3 Longteng Special Steel Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Longteng Special Steel Forged Steel Grinding Media Product Offerings
7.1.5 Longteng Special Steel Recent Development
7.2 Oriental Casting and Forging
7.2.1 Oriental Casting and Forging Company Information
7.2.2 Oriental Casting and Forging Introduction and Business Overview
7.2.3 Oriental Casting and Forging Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Oriental Casting and Forging Forged Steel Grinding Media Product Offerings
7.2.5 Oriental Casting and Forging Recent Development
7.3 Sheng Ye Grinding Ball
7.3.1 Sheng Ye Grinding Ball Company Information
7.3.2 Sheng Ye Grinding Ball Introduction and Business Overview
7.3.3 Sheng Ye Grinding Ball Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Sheng Ye Grinding Ball Forged Steel Grinding Media Product Offerings
7.3.5 Sheng Ye Grinding Ball Recent Development
7.4 Shandong Huamin
7.4.1 Shandong Huamin Company Information
7.4.2 Shandong Huamin Introduction and Business Overview
7.4.3 Shandong Huamin Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Shandong Huamin Forged Steel Grinding Media Product Offerings
7.4.5 Shandong Huamin Recent Development
7.5 Jinan Huafu
7.5.1 Jinan Huafu Company Information
7.5.2 Jinan Huafu Introduction and Business Overview
7.5.3 Jinan Huafu Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Jinan Huafu Forged Steel Grinding Media Product Offerings
7.5.5 Jinan Huafu Recent Development
7.6 Jinchi Steel Ball
7.6.1 Jinchi Steel Ball Company Information
7.6.2 Jinchi Steel Ball Introduction and Business Overview
7.6.3 Jinchi Steel Ball Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Jinchi Steel Ball Forged Steel Grinding Media Product Offerings
7.6.5 Jinchi Steel Ball Recent Development
7.7 Jinan Daming New Material
7.7.1 Jinan Daming New Material Company Information
7.7.2 Jinan Daming New Material Introduction and Business Overview
7.7.3 Jinan Daming New Material Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Jinan Daming New Material Forged Steel Grinding Media Product Offerings
7.7.5 Jinan Daming New Material Recent Development
7.8 Zhengxing Grinding Ball
7.8.1 Zhengxing Grinding Ball Company Information
7.8.2 Zhengxing Grinding Ball Introduction and Business Overview
7.8.3 Zhengxing Grinding Ball Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Zhengxing Grinding Ball Forged Steel Grinding Media Product Offerings
7.8.5 Zhengxing Grinding Ball Recent Development
7.9 Dongyuan Steel Ball
7.9.1 Dongyuan Steel Ball Company Information
7.9.2 Dongyuan Steel Ball Introduction and Business Overview
7.9.3 Dongyuan Steel Ball Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Dongyuan Steel Ball Forged Steel Grinding Media Product Offerings
7.9.5 Dongyuan Steel Ball Recent Development
7.10 Zhangqiu Gudao Steel Ball
7.10.1 Zhangqiu Gudao Steel Ball Company Information
7.10.2 Zhangqiu Gudao Steel Ball Introduction and Business Overview
7.10.3 Zhangqiu Gudao Steel Ball Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Zhangqiu Gudao Steel Ball Forged Steel Grinding Media Product Offerings
7.10.5 Zhangqiu Gudao Steel Ball Recent Development
7.11 Jianzhen Steel Ball
7.11.1 Jianzhen Steel Ball Company Information
7.11.2 Jianzhen Steel Ball Introduction and Business Overview
7.11.3 Jianzhen Steel Ball Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Jianzhen Steel Ball Forged Steel Grinding Media Product Offerings
7.11.5 Jianzhen Steel Ball Recent Development
7.12 Zhangqiu Ruinian Casting and Forging
7.12.1 Zhangqiu Ruinian Casting and Forging Company Information
7.12.2 Zhangqiu Ruinian Casting and Forging Introduction and Business Overview
7.12.3 Zhangqiu Ruinian Casting and Forging Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Zhangqiu Ruinian Casting and Forging Forged Steel Grinding Media Product Offerings
7.12.5 Zhangqiu Ruinian Casting and Forging Recent Development
7.13 Zhangqiu Taitou
7.13.1 Zhangqiu Taitou Company Information
7.13.2 Zhangqiu Taitou Introduction and Business Overview
7.13.3 Zhangqiu Taitou Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Zhangqiu Taitou Forged Steel Grinding Media Product Offerings
7.13.5 Zhangqiu Taitou Recent Development
7.14 Sanxing Steel Ball
7.14.1 Sanxing Steel Ball Company Information
7.14.2 Sanxing Steel Ball Introduction and Business Overview
7.14.3 Sanxing Steel Ball Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Sanxing Steel Ball Forged Steel Grinding Media Product Offerings
7.14.5 Sanxing Steel Ball Recent Development
7.15 Taishan Steel Ball
7.15.1 Taishan Steel Ball Company Information
7.15.2 Taishan Steel Ball Introduction and Business Overview
7.15.3 Taishan Steel Ball Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Taishan Steel Ball Forged Steel Grinding Media Product Offerings
7.15.5 Taishan Steel Ball Recent Development
7.16 Ningjin Huanqiu Casting
7.16.1 Ningjin Huanqiu Casting Company Information
7.16.2 Ningjin Huanqiu Casting Introduction and Business Overview
7.16.3 Ningjin Huanqiu Casting Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Ningjin Huanqiu Casting Forged Steel Grinding Media Product Offerings
7.16.5 Ningjin Huanqiu Casting Recent Development
7.17 Qingzhou Huahong
7.17.1 Qingzhou Huahong Company Information
7.17.2 Qingzhou Huahong Introduction and Business Overview
7.17.3 Qingzhou Huahong Forged Steel Grinding Media Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Qingzhou Huahong Forged Steel Grinding Media Product Offerings
7.17.5 Qingzhou Huahong Recent Development
8 Industry Chain Analysis
8.1 Forged Steel Grinding Media Industrial Chain
8.2 Forged Steel Grinding Media Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Forged Steel Grinding Media Sales Model
8.5.2 Sales Channel
8.5.3 Forged Steel Grinding Media Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer