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:
Market Penetration: It presents comprehensive information on the market provided by key players.
Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
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.
Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
What is the market size and forecast of the Abrasives Market?
Which products, segments, applications, and areas should one consider investing in over the forecast period in the Abrasives Market?
What are the technology trends and regulatory frameworks in the Abrasives Market?
What is the market share of the leading vendors in the Abrasives Market?
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