Grinding Wheels Industry Research Report 2024

Grinding Wheels Industry Research Report 2024


A grinding wheel is a wheel composed of an abrasive compound and used for various grinding (abrasive cutting) and abrasive machining operations. Such wheels are used in grinding machines.

The wheels are generally made from a composite material consisting of coarse-particle aggregate pressed and bonded together by a cementing matrix (called the bond in grinding wheel terminology) to form a solid, circular shape. Various profiles and cross sections are available depending on the intended usage for the wheel. They may also be made from a solid steel or aluminium disc with particles bonded to the surface. Today most grinding wheels are artificial composites made with artificial aggregates, but the history of grinding wheels began with natural composite stones, such as those used for millstones.

The Grinding Wheels industry can be broken down into several segments, Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, Other, etc.

Across the world, the major players cover Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel (JP), Camel Grinding Wheels (Israel), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (England), etc.

According to APO Research, The global Grinding Wheels market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Grinding Wheels key players include Saint-Gobain, 3M, Noritake, Tyrolit Group, etc. Global top four manufacturers hold a share about 25%.

Europe is the largest market, with a share over 25%, followed by United States and China, both have a share about 40 percent.

In terms of product, Resinoid Bond is the largest segment, with a share over 50%. And in terms of application, the largest application is Bearing & Machinery, followed by Transport Industry, Construction, Steel Industry, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Grinding Wheels, 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 Grinding Wheels.

The report will help the Grinding Wheels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Grinding Wheels market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Grinding Wheels market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Klingspor
3M
Mirka
Noritake
Saint-Gobain
Kure Grinding Wheel
Camel Grinding Wheels
Tyrolit Group
SHIN-EI Grinding Wheels
DSA Products
Andre Abrasive
DK Holdings
Elka
Keihin Kogyosho Co., Ltd
Northern Grinding Wheels

Grinding Wheels segment by Materials
Resinoid Bond Grinding Wheels
Vitrified Bond Grinding Wheels

Grinding Wheels segment by Application
Transport Industry
Construction
Bearing & Machinery
Steel Industry
Other

Grinding Wheels Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Grinding Wheels market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Grinding Wheels and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Grinding Wheels.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Grinding Wheels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Grinding Wheels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Grinding Wheels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by materials, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces 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 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Grinding Wheels by Materials
2.2.1 Market Value Comparison by Materials (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Resinoid Bond Grinding Wheels
2.2.3 Vitrified Bond Grinding Wheels
2.3 Grinding Wheels by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Transport Industry
2.3.3 Construction
2.3.4 Bearing & Machinery
2.3.5 Steel Industry
2.3.6 Other
2.4 Global Market Growth Prospects
2.4.1 Global Grinding Wheels Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Grinding Wheels Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Grinding Wheels Production Estimates and Forecasts (2019-2030)
2.4.4 Global Grinding Wheels Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Grinding Wheels Production by Manufacturers (2019-2024)
3.2 Global Grinding Wheels Production Value by Manufacturers (2019-2024)
3.3 Global Grinding Wheels Average Price by Manufacturers (2019-2024)
3.4 Global Grinding Wheels Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Grinding Wheels Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Grinding Wheels Manufacturers, Product Type & Application
3.7 Global Grinding Wheels Manufacturers, Date of Enter into This Industry
3.8 Global Grinding Wheels Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Klingspor
4.1.1 Klingspor Grinding Wheels Company Information
4.1.2 Klingspor Grinding Wheels Business Overview
4.1.3 Klingspor Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.1.4 Klingspor Product Portfolio
4.1.5 Klingspor Recent Developments
4.2 3M
4.2.1 3M Grinding Wheels Company Information
4.2.2 3M Grinding Wheels Business Overview
4.2.3 3M Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.2.4 3M Product Portfolio
4.2.5 3M Recent Developments
4.3 Mirka
4.3.1 Mirka Grinding Wheels Company Information
4.3.2 Mirka Grinding Wheels Business Overview
4.3.3 Mirka Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.3.4 Mirka Product Portfolio
4.3.5 Mirka Recent Developments
4.4 Noritake
4.4.1 Noritake Grinding Wheels Company Information
4.4.2 Noritake Grinding Wheels Business Overview
4.4.3 Noritake Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.4.4 Noritake Product Portfolio
4.4.5 Noritake Recent Developments
4.5 Saint-Gobain
4.5.1 Saint-Gobain Grinding Wheels Company Information
4.5.2 Saint-Gobain Grinding Wheels Business Overview
4.5.3 Saint-Gobain Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.5.4 Saint-Gobain Product Portfolio
4.5.5 Saint-Gobain Recent Developments
4.6 Kure Grinding Wheel
4.6.1 Kure Grinding Wheel Grinding Wheels Company Information
4.6.2 Kure Grinding Wheel Grinding Wheels Business Overview
4.6.3 Kure Grinding Wheel Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.6.4 Kure Grinding Wheel Product Portfolio
4.6.5 Kure Grinding Wheel Recent Developments
4.7 Camel Grinding Wheels
4.7.1 Camel Grinding Wheels Grinding Wheels Company Information
4.7.2 Camel Grinding Wheels Grinding Wheels Business Overview
4.7.3 Camel Grinding Wheels Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.7.4 Camel Grinding Wheels Product Portfolio
4.7.5 Camel Grinding Wheels Recent Developments
4.8 Tyrolit Group
4.8.1 Tyrolit Group Grinding Wheels Company Information
4.8.2 Tyrolit Group Grinding Wheels Business Overview
4.8.3 Tyrolit Group Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.8.4 Tyrolit Group Product Portfolio
4.8.5 Tyrolit Group Recent Developments
4.9 SHIN-EI Grinding Wheels
4.9.1 SHIN-EI Grinding Wheels Grinding Wheels Company Information
4.9.2 SHIN-EI Grinding Wheels Grinding Wheels Business Overview
4.9.3 SHIN-EI Grinding Wheels Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.9.4 SHIN-EI Grinding Wheels Product Portfolio
4.9.5 SHIN-EI Grinding Wheels Recent Developments
4.10 DSA Products
4.10.1 DSA Products Grinding Wheels Company Information
4.10.2 DSA Products Grinding Wheels Business Overview
4.10.3 DSA Products Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.10.4 DSA Products Product Portfolio
4.10.5 DSA Products Recent Developments
4.11 Andre Abrasive
4.11.1 Andre Abrasive Grinding Wheels Company Information
4.11.2 Andre Abrasive Grinding Wheels Business Overview
4.11.3 Andre Abrasive Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.11.4 Andre Abrasive Product Portfolio
4.11.5 Andre Abrasive Recent Developments
4.12 DK Holdings
4.12.1 DK Holdings Grinding Wheels Company Information
4.12.2 DK Holdings Grinding Wheels Business Overview
4.12.3 DK Holdings Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.12.4 DK Holdings Product Portfolio
4.12.5 DK Holdings Recent Developments
4.13 Elka
4.13.1 Elka Grinding Wheels Company Information
4.13.2 Elka Grinding Wheels Business Overview
4.13.3 Elka Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.13.4 Elka Product Portfolio
4.13.5 Elka Recent Developments
4.14 Keihin Kogyosho Co., Ltd
4.14.1 Keihin Kogyosho Co., Ltd Grinding Wheels Company Information
4.14.2 Keihin Kogyosho Co., Ltd Grinding Wheels Business Overview
4.14.3 Keihin Kogyosho Co., Ltd Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.14.4 Keihin Kogyosho Co., Ltd Product Portfolio
4.14.5 Keihin Kogyosho Co., Ltd Recent Developments
4.15 Northern Grinding Wheels
4.15.1 Northern Grinding Wheels Grinding Wheels Company Information
4.15.2 Northern Grinding Wheels Grinding Wheels Business Overview
4.15.3 Northern Grinding Wheels Grinding Wheels Production, Value and Gross Margin (2019-2024)
4.15.4 Northern Grinding Wheels Product Portfolio
4.15.5 Northern Grinding Wheels Recent Developments
5 Global Grinding Wheels Production by Region
5.1 Global Grinding Wheels Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Grinding Wheels Production by Region: 2019-2030
5.2.1 Global Grinding Wheels Production by Region: 2019-2024
5.2.2 Global Grinding Wheels Production Forecast by Region (2025-2030)
5.3 Global Grinding Wheels Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Grinding Wheels Production Value by Region: 2019-2030
5.4.1 Global Grinding Wheels Production Value by Region: 2019-2024
5.4.2 Global Grinding Wheels Production Value Forecast by Region (2025-2030)
5.5 Global Grinding Wheels Market Price Analysis by Region (2019-2024)
5.6 Global Grinding Wheels Production and Value, YOY Growth
5.6.1 North America Grinding Wheels Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Grinding Wheels Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Grinding Wheels Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Grinding Wheels Production Value Estimates and Forecasts (2019-2030)
5.6.5 Australia Grinding Wheels Production Value Estimates and Forecasts (2019-2030)
5.6.6 Israel Grinding Wheels Production Value Estimates and Forecasts (2019-2030)
6 Global Grinding Wheels Consumption by Region
6.1 Global Grinding Wheels Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Grinding Wheels Consumption by Region (2019-2030)
6.2.1 Global Grinding Wheels Consumption by Region: 2019-2030
6.2.2 Global Grinding Wheels Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Grinding Wheels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Grinding Wheels Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Grinding Wheels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Grinding Wheels Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Grinding Wheels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Grinding Wheels Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Grinding Wheels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Grinding Wheels Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Materials
7.1 Global Grinding Wheels Production by Materials (2019-2030)
7.1.1 Global Grinding Wheels Production by Materials (2019-2030) & (K MT)
7.1.2 Global Grinding Wheels Production Market Share by Materials (2019-2030)
7.2 Global Grinding Wheels Production Value by Materials (2019-2030)
7.2.1 Global Grinding Wheels Production Value by Materials (2019-2030) & (US$ Million)
7.2.2 Global Grinding Wheels Production Value Market Share by Materials (2019-2030)
7.3 Global Grinding Wheels Price by Materials (2019-2030)
8 Segment by Application
8.1 Global Grinding Wheels Production by Application (2019-2030)
8.1.1 Global Grinding Wheels Production by Application (2019-2030) & (K MT)
8.1.2 Global Grinding Wheels Production by Application (2019-2030) & (K MT)
8.2 Global Grinding Wheels Production Value by Application (2019-2030)
8.2.1 Global Grinding Wheels Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Grinding Wheels Production Value Market Share by Application (2019-2030)
8.3 Global Grinding Wheels Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Grinding Wheels Value Chain Analysis
9.1.1 Grinding Wheels Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Grinding Wheels Production Mode & Process
9.2 Grinding Wheels Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Grinding Wheels Distributors
9.2.3 Grinding Wheels Customers
10 Global Grinding Wheels Analyzing Market Dynamics
10.1 Grinding Wheels Industry Trends
10.2 Grinding Wheels Industry Drivers
10.3 Grinding Wheels Industry Opportunities and Challenges
10.4 Grinding Wheels Industry Restraints
11 Report Conclusion
12 Disclaimer

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