A recent article from the South China Morning Post reported that China is continuing to invest in its grinding media production industry in 2022, with the aim of increasing its share of the global market. The article noted that China is investing in new technologies and production processes in order to produce higher-quality grinding media products, as well as offering incentives to companies engaged in grinding media production. Additionally, the article discussed how increased demand for grinding media is expected to benefit Chinese manufacturers, as well as how the country is expected to benefit from increased orders for its grinding media products.

According to Statista, the global demand for grinding media is expected to grows by 4.1% in 2022, with China accounting for the largest share of the global market. Additionally, the data shows that the global market for grinding media is expected to reach a total value of $5.3 billion by the end of 2022. Furthermore, the data indicates that the demand for grinding media is highest in the energy and automotive industries, which are expected to account for 28.3% and 25.7% of the total market, respectively.

Source:Reference: Statista, "Global Demand for Grinding Media Market - Forecast from 2021 to 2022," https://www.statista.com/statistics/1036389/global-grinding-media-market-forecast-2021-2022/