Polishing Cloth Market, By product Type (Woven Polishing Cloth, Non-Woven Polishing Cloth), By Material Type (Cotton, Microfiber, Synthetic Fiber, Wool, Others), By End User (Automotive, Aerospace, Electronics, Metalworking, Healthcare and Medical, Construction, Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Polishing cloth, made up of cotton, microfiber, synthetic fiber, wool, and others, is designed to lift stains as well as gently buff surfaces to bring back shine. These cloths are used in various end use industries, such as Automotive, Aerospace, Electronics, Metalworking, Healthcare and Medical, and Construction, among others. However, polishing cloths are often used in virtually every area of detailing/cleaning and polishing.
Market Dynamics:
Rapid growth of the automotive, electronics, healthcare/medical, and construction industry, rise in awareness regarding the hygiene and cleaning and benefits of polishing cloths, and rise in demand for polishing cloths across the world are major factors expected to propel the growth of the global polishing cloth market during the forecast period.
For instance, according to the India Brand Equity Foundation (IBEF), India is expected to become the third largest construction market in the world by 2025. In fact, India, China, and the U.S. are expected to account for almost 60% of all global growth in the sector by 2025.
Moreover, in September 2021, the Indian Government issued notification regarding a PLI scheme for automobile and auto components worth Rs. 25,938 crore (US$ 3.49 billion). Furthermore, India could be a leader in shared mobility by 2030.
Key features of the study:
This report provides in-depth analysis of the global polishing cloth market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global polishing cloth market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include 3M Company, sia Abrasives Industries AG, Deerfos Co., Ltd., Stanley Black & Decker, Inc., Meguiar's Inc., Norton Abrasives, Indasa USA Inc., ARC Abrasives Inc., KLINGSPOR Abrasives Inc., Hermes Abrasives Ltd., Keystone Abrasives, Mirka Ltd., Saint-Gobain Abrasives, Carborundum Universal Limited, and Schaffner Manufacturing Company, Inc., among others.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global polishing cloth market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polishing cloth market.
Detailed Segmentation:
Global Polishing Cloth Market, By Product Type
Woven Polishing Cloth
Non-Woven Polishing Cloth
Global Polishing Cloth Market, By Material Type
Cotton
Microfiber
Synthetic Fiber
Wool
Others
Global Polishing Cloth Market, By End Use Industry
Automotive
Aerospace
Electronics
Metalworking
Healthcare and Medical
Construction
Others
Global Polishing Cloth Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
3M Company
sia Abrasives Industries AG
Deerfos Co., Ltd.
Stanley Black & Decker, Inc.
Meguiar's Inc.
Norton Abrasive
Indasa USA Inc.
ARC Abrasives Inc.
KLINGSPOR Abrasives Inc.
Hermes Abrasives Ltd.
Keystone Abrasives
Mirka Ltd.
Saint-Gobain Abrasives
Carborundum Universal Limited
Schaffner Manufacturing Company, Inc.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By Material Type
Market Snapshot, By End Use Industry
Market Snapshot, By Geography
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Rise in demand for polishing cloths across the world
Lack of awareness among people
Rise in awareness regarding hygiene/cleaning and benefits of polishing cloths
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Polishing Cloth Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Polishing Cloth Market, By Product Type, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Woven Polishing Cloth
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Non-Woven Polishing Cloth
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
6. Global Polishing Cloth Market, By Material Type, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Cotton
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Microfiber
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Synthetic Fiber
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Wool
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
7. Global Polishing Cloth Market, By End Use Industry, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Aerospace
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Electronics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Metalworking
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Healthcare and Medical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
8. Global Polishing Cloth Market, By Geography, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Mn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Mn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Mn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Mn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Mn)
9. Competitive Landscape
3M Company
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
sia Abrasives Industries AG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Deerfos Co., Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Stanley Black & Decker, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Meguiar's Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Norton Abrasives
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Indasa USA Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
ARC Abrasives Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
KLINGSPOR Abrasives Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Hermes Abrasives Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Keystone Abrasives
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Mirka Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Saint-Gobain Abrasives
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Carborundum Universal Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Schaffner Manufacturing Company, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Analyst Views
10. Section
Research Methodology
About us
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