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Steel Wear Liners Market Trends

  • Report ID: GMI10654
  • Published Date: Aug 2024
  • Report Format: PDF

Steel Wear Liners Market Trends

In the steel wear liners industry, there is a growing focus on sustainable manufacturing due to environmental concerns and regulatory pressures. Companies are increasingly using recycled steel to reduce reliance on virgin materials and adopting circular economy practices by recycling worn-out liners into new products. Production processes are being optimized to minimize waste, energy consumption, and emissions through lean manufacturing principles and energy-efficient technologies.
 

Additionally, there is a trend towards using eco-friendly coatings and non-toxic surface treatments to enhance wear resistance while reducing environmental impact. The focus on sustainability also extends to supply chain management, where green sourcing and logistics are prioritized, and lifecycle analyses are conducted to assess and mitigate environmental impact. Many companies are also pursuing green certifications and eco-labels to reinforce their commitment to sustainability and appeal to environmentally conscious customers. For instance, L&H Industrial optimized production processes to minimize waste and energy consumption to align with the trend in the market.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of steel wear liners market was worth over USD 350.6 million in 2023 and is anticipated to register a CAGR of over 4.2% between 2024 and 2032, due to the focus on equipment longevity and maintenance.

The flat wear liners segment accounted for USD 144 million in 2023 and is expected to reach USD 216.9 million by 2032, due to their versatility, durability, and cost-effectiveness.

Asia Pacific steel wear liners market was worth USD 103.9 million in 2023 and is expected to reach USD 165.95 million by 2032, driven by rapid industrialization and urbanization in countries like China and India.

Duroxite by SSAB, FLSmidth, H-E Parts International, JADCO Manufacturing Inc., L&H Industrial, Magotteaux, Metso Outotec, Multotec, and Rema Tip Top among others.

Steel Wear Liners Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 232
  • Countries covered: 21
  • Pages: 161
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