Abrasives Market by Type (Natural, Synthetic), Product (Bonded Abrasives, Coated Abrasives, Super Abrasives), Applications - Global Forecast 2024-2030

Abrasives Market by Type (Natural, Synthetic), Product (Bonded Abrasives, Coated Abrasives, Super Abrasives), Applications - Global Forecast 2024-2030


The Abrasives Market size was estimated at USD 54.50 billion in 2023 and expected to reach USD 57.59 billion in 2024, at a CAGR 5.75% to reach USD 80.64 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Abrasives Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Abrasives Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Abrasives Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Abrasiflex, Abrasive technologies LLC, Asahi Diamond Industrial, Carborundum Universal Limited, Deerfos, DuPont de Nemours, Inc., Fujimi Incorporated, Grind Master Machines Pvt., Ltd., Günter Wendt GmbH, Hilti Corporation, ILIYCH Abrasive Company, Indústria Abrasivos S.A., Krebs & Riedel Schleifscheibenfabrik GmbH & Co. KG, Nippon Resibon Corporation, Noritake Co.,Limited, NovoAbrasive Ltd., Radiac Abrasives Inc, Robert Bosch GmbH, Saint-Gobain S.A., Sankyo-Rikagaku, and sia Abrasives Industries AG.

Market Segmentation & Coverage

This research report categorizes the Abrasives Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type

Natural

Corundum
  • Diamonds
  • Emery
  • Flint
  • Granet
  • Pumice
  • Quartz
  • Sandstone
  • Synthetic

    Calcium Carbide
  • Fused Alumina or Alundum
  • Oron Carbide
  • Silicon Carbide
  • Product

    Bonded Abrasives

    Diamond Wheels
  • Grinding Wheels
  • Polishing Stones
  • Polishing Wheels
  • Coated Abrasives

    Belts
  • Discs
  • Rolls
  • Sheets
  • Specialty Items
  • Super Abrasives

    Cubic Boron Nitride
  • CVD Diamond
  • Nanodiamonds
  • Polycrystalline
  • Applications

    Aerospace & Defense
  • Automotive
  • Construction Equipment
  • Electrical & Electronic
  • Furniture & Wood
  • Machinery
  • Marine & Shipbuilding
  • Metal Fabrication
  • Nonmetallic Mineral
  • Region

    Americas

    Argentina
  • Brazil
  • Canada
  • Mexico
  • United States

    California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific

    Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East & Africa

    Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom
    The report offers valuable insights on the following aspects:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the Abrasives Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Abrasives Market?
    3. What are the technology trends and regulatory frameworks in the Abrasives Market?
    4. What is the market share of the leading vendors in the Abrasives Market?
    5. Which modes and strategic moves are suitable for entering the Abrasives Market?


    Note: PDF & Excel + Online Access - 1 Year

  • 1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Language
    1.6. Limitations
    1.7. Assumptions
    1.8. Stakeholders
    2. Research Methodology
    2.1. Define: Research Objective
    2.2. Determine: Research Design
    2.3. Prepare: Research Instrument
    2.4. Collect: Data Source
    2.5. Analyze: Data Interpretation
    2.6. Formulate: Data Verification
    2.7. Publish: Research Report
    2.8. Repeat: Report Update
    3. Executive Summary
    4. Market Overview
    4.1. Introduction
    4.2. Abrasives Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Increasing demand from the automotive industry
    5.1.1.2. Growing application in numerous industries including construction, aerospace, and medical
    5.1.1.3. Rising use of abrasives in furniture & decorative industry
    5.1.2. Restraints
    5.1.2.1. Fluctuation in the prices of raw material
    5.1.3. Opportunities
    5.1.3.1. Emerging application in electronics and electrical with increasing use of portable electronics
    5.1.3.2. Ongoing demand in emerging economies owing to rapid industrialization
    5.1.4. Challenges
    5.1.4.1. Issues with increased absorption of dust resulting in damage of filtering functions
    5.2. Market Segmentation Analysis
    5.3. Market Trend Analysis
    5.4. Cumulative Impact of High Inflation
    5.5. Porter’s Five Forces Analysis
    5.5.1. Threat of New Entrants
    5.5.2. Threat of Substitutes
    5.5.3. Bargaining Power of Customers
    5.5.4. Bargaining Power of Suppliers
    5.5.5. Industry Rivalry
    5.6. Value Chain & Critical Path Analysis
    5.7. Regulatory Framework
    6. Abrasives Market, by Type
    6.1. Introduction
    6.2. Natural
    6.3.1. Corundum
    6.3.2. Diamonds
    6.3.3. Emery
    6.3.4. Flint
    6.3.5. Granet
    6.3.6. Pumice
    6.3.7. Quartz
    6.3.8. Sandstone
    6.3. Synthetic
    6.4.1. Calcium Carbide
    6.4.2. Fused Alumina or Alundum
    6.4.3. Oron Carbide
    6.4.4. Silicon Carbide
    7. Abrasives Market, by Product
    7.1. Introduction
    7.2. Bonded Abrasives
    7.3.1. Diamond Wheels
    7.3.2. Grinding Wheels
    7.3.3. Polishing Stones
    7.3.4. Polishing Wheels
    7.3. Coated Abrasives
    7.4.1. Belts
    7.4.2. Discs
    7.4.3. Rolls
    7.4.4. Sheets
    7.4.5. Specialty Items
    7.4. Super Abrasives
    7.5.1. Cubic Boron Nitride
    7.5.2. CVD Diamond
    7.5.3. Nanodiamonds
    7.5.4. Polycrystalline
    8. Abrasives Market, by Applications
    8.1. Introduction
    8.2. Aerospace & Defense
    8.3. Automotive
    8.4. Construction Equipment
    8.5. Electrical & Electronic
    8.6. Furniture & Wood
    8.7. Machinery
    8.8. Marine & Shipbuilding
    8.9. Metal Fabrication
    8.10. Nonmetallic Mineral
    9. Americas Abrasives Market
    9.1. Introduction
    9.2. Argentina
    9.3. Brazil
    9.4. Canada
    9.5. Mexico
    9.6. United States
    10. Asia-Pacific Abrasives Market
    10.1. Introduction
    10.2. Australia
    10.3. China
    10.4. India
    10.5. Indonesia
    10.6. Japan
    10.7. Malaysia
    10.8. Philippines
    10.9. Singapore
    10.10. South Korea
    10.11. Taiwan
    10.12. Thailand
    10.13. Vietnam
    11. Europe, Middle East & Africa Abrasives Market
    11.1. Introduction
    11.2. Denmark
    11.3. Egypt
    11.4. Finland
    11.5. France
    11.6. Germany
    11.7. Israel
    11.8. Italy
    11.9. Netherlands
    11.10. Nigeria
    11.11. Norway
    11.12. Poland
    11.13. Qatar
    11.14. Russia
    11.15. Saudi Arabia
    11.16. South Africa
    11.17. Spain
    11.18. Sweden
    11.19. Switzerland
    11.20. Turkey
    11.21. United Arab Emirates
    11.22. United Kingdom
    12. Competitive Landscape
    12.1. FPNV Positioning Matrix
    12.2. Market Share Analysis, By Key Player
    12.3. Competitive Scenario Analysis, By Key Player
    13. Competitive Portfolio
    13.1. Key Company Profiles
    13.1.1. 3M Company
    13.1.2. Abrasiflex
    13.1.3. Abrasive technologies LLC
    13.1.4. Asahi Diamond Industrial
    13.1.5. Carborundum Universal Limited
    13.1.6. Deerfos
    13.1.7. DuPont de Nemours, Inc.
    13.1.8. Fujimi Incorporated
    13.1.9. Grind Master Machines Pvt., Ltd.
    13.1.10. Günter Wendt GmbH
    13.1.11. Hilti Corporation
    13.1.12. ILIYCH Abrasive Company
    13.1.13. Indústria Abrasivos S.A.
    13.1.14. Krebs & Riedel Schleifscheibenfabrik GmbH & Co. KG
    13.1.15. Nippon Resibon Corporation
    13.1.16. Noritake Co.,Limited
    13.1.17. NovoAbrasive Ltd.
    13.1.18. Radiac Abrasives Inc
    13.1.19. Robert Bosch GmbH
    13.1.20. Saint-Gobain S.A.
    13.1.21. Sankyo-Rikagaku
    13.1.22. sia Abrasives Industries AG
    13.2. Key Product Portfolio
    14. Appendix
    14.1. Discussion Guide
    14.2. License & Pricing
    FIGURE 1. ABRASIVES MARKET RESEARCH PROCESS
    FIGURE 2. ABRASIVES MARKET SIZE, 2023 VS 2030
    FIGURE 3. ABRASIVES MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. ABRASIVES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. ABRASIVES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. ABRASIVES MARKET DYNAMICS
    FIGURE 7. ABRASIVES MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
    FIGURE 8. ABRASIVES MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. ABRASIVES MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
    FIGURE 10. ABRASIVES MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. ABRASIVES MARKET SIZE, BY APPLICATIONS, 2023 VS 2030 (%)
    FIGURE 12. ABRASIVES MARKET SIZE, BY APPLICATIONS, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. AMERICAS ABRASIVES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 14. AMERICAS ABRASIVES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. UNITED STATES ABRASIVES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 16. UNITED STATES ABRASIVES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. ASIA-PACIFIC ABRASIVES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 18. ASIA-PACIFIC ABRASIVES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. EUROPE, MIDDLE EAST & AFRICA ABRASIVES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 20. EUROPE, MIDDLE EAST & AFRICA ABRASIVES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. ABRASIVES MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 22. ABRASIVES MARKET SHARE, BY KEY PLAYER, 2023

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