Abrasives Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	182 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224314

Best Price Guarantee
Price	from $4,850
Length	182 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224314

Abrasives Market

Growth Factors of Abrasives Market

The Abrasives Market size was valued at USD 45.95 billion in 2023 and is projected to grow from USD 48.66 billion in 2024 to USD 76.93 billion by 2032, exhibiting a CAGR of 5.9% during the forecast period of 2024-2032.

The COVID-19 pandemic had a extremely good impact at the abrasives marketplace due to disruptions in worldwide deliver chains, main to uncooked material shortages and not on time manufacturing schedules. With the shutdown of producing vegetation and decreased construction sports at some point of lockdowns, demand for abrasives in sectors like automotive, aerospace, and creation extensively dropped. However, post-pandemic healing efforts, in particular in infrastructure improvement and commercial production, are riding the marketplace's sluggish resurgence. Companies are actually making an investment in virtual transformation and automation, which has improved the shift closer to extra efficient production strategies, thereby growing demand for advanced abrasives.

A current fashion inside the abrasives market is the growing adoption of terrific abrasives, inclusive of cubic boron nitride and diamond-primarily based abrasives, for precision manufacturing. These substances are increasingly more desired in industries requiring excessive-performance equipment, such as electronics and aerospace, because of their superior sturdiness and ability to deliver great floor finishes. The shift in the direction of miniaturization in electronics and the upward push in complex component production has bolstered the demand for these advanced abrasives, as they permit for higher precision and performance in difficult environments.

A key riding component in the abrasives marketplace is the surge in global production and infrastructure improvement projects. As economies rebuild submit-pandemic, governments and personal entities are making an investment closely in urbanization and infrastructure modernization, specifically in rising markets. Abrasives are critical in methods like cutting, grinding, and sprucing materials like metal, stone, and urban, which can be broadly utilized in production. As a result, the construction region's increase directly impacts the call for for abrasives, propelling the market forward.

Comprehensive Analysis of Abrasives Market

The Abrasives Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by . By Material include Natural, Synthetic. By Product Type include Bonded, Coated, Super. By Application include Automotive, Electrical & Electronics, Metal Fabrication, Machinery ,Others.

The Asia Pacific region lead the Abrasives Market share by benefitting a market size of USD 25.86 billion due to advancements in technology, along with the growing construction industry, that will support the product’s demand in China, Japan, and India.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

October 2023 – Saint-Gobain partnered with Dedeco Abrasive Products to marketplace its sunburst abrasive line. The collaboration aligns with Saint-Gobain's intention of handing over first-class abrasive solutions. This move is anticipated to create a at the same time useful arrangement leveraging the strengths of each companies.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.9% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Material

Natural
Synthetic

By Product Type

Bonded
Coated
Super

By Application

Automotive
Electrical & Electronics
Metal Fabrication
Machinery
Others

By Geography

North America (By Material, By Product Type, By Application, and By Country)
U.S. (By Material)
Canada (By Material)
Europe (By Material, By Product Type, By Application, and By Country)
France (By Material)
Germany (By Material)
U.K. (By Material)
Italy (By Material)
Spain (By Material)
Russia (By Material)
Rest of Europe (By Material)
Asia Pacific (By Material, By Product Type, By Application, and By Country)
China (By Material)
India (By Material)
Japan (By Material)
South Korea (By Material)
Rest of Asia Pacific (By Material)
Latin America (By Material, By Product Type, By Application, and By Country)
Brazil (By Material)
Mexico (By Material)
Rest of Latin America (By Material)
Middle East & Africa (By Material, By Product Type, By Application, and By Country)
Saudi Arabia (By Material)
South Africa (By Material)
UAE (By Material)
Rest of Middle East & Africa (By Material)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends – For Major Regions; 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.; 4.3. Latest Technological Advancement; 4.4. Insights on Regulatory Scenario; 4.5. Porters Five Forces Analysis; 4.6. Impact of COVID-19 on the Market
5. Global Abrasives Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. By Material (Value); 5.2.1. Natural; 5.2.2. Synthetic; 5.3. By Product Type (Value); 5.3.1. Bonded; 5.3.2. Coated; 5.3.3. Super; 5.4. By Application (Value); 5.4.1. Automotive; 5.4.2. Electrical & Electronics; 5.4.3. Metal Fabrication; 5.4.4. Machinery; 5.4.5. Others; 5.5. By Region (Value); 5.5.1. North America; 5.5.2. Europe; 5.5.3. Asia Pacific; 5.5.4. Latin America; 5.5.5. Middle East & Africa
6. North America Abrasives Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. By Material (Value); 6.2.1. Natural; 6.2.2. Synthetic; 6.3. By Product Type (Value); 6.3.1. Bonded; 6.3.2. Coated; 6.3.3. Super; 6.4. By Application (Value); 6.4.1. Automotive; 6.4.2. Electrical & Electronics; 6.4.3. Metal Fabrication; 6.4.4. Machinery; 6.4.5. Others; 6.5. By Country (Value); 6.5.1. U.S; 6.5.1.1. By Material (Value); 6.5.1.1.1. Natural; 6.5.1.1.2. Synthetic; 6.5.2. Canada; 6.5.2.1. By Material (Value); 6.5.2.1.1. Natural; 6.5.2.1.2. Synthetic
7. Europe Abrasives Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. By Material (Value); 7.2.1. Natural; 7.2.2. Synthetic; 7.3. By Product Type (Value); 7.3.1. Bonded; 7.3.2. Coated; 7.3.3. Super; 7.4. By Application (Value); 7.4.1. Automotive; 7.4.2. Electrical & Electronics; 7.4.3. Metal Fabrication; 7.4.4. Machinery; 7.4.5. Others; 7.5. By Country (Value); 7.5.1. Germany; 7.5.1.1. By Material (Value); 7.5.1.1.1. Natural; 7.5.1.1.2. Synthetic; 7.5.2. UK; 7.5.2.1. By Material (Value); 7.5.2.1.1. Natural; 7.5.2.1.2. Synthetic; 7.5.3. Italy; 7.5.3.1. By Material (Value); 7.5.3.1.1. Natural; 7.5.3.1.2. Synthetic; 7.5.4. Russia; 7.5.4.1. By Material (Value); 7.5.4.1.1. Natural; 7.5.4.1.2. Synthetic; 7.5.5. Spain; 7.5.5.1. By Material (Value); 7.5.5.1.1. Natural; 7.5.5.1.2. Synthetic; 7.5.6. Rest of Europe; 7.5.6.1. By Material (Value); 7.5.6.1.1. Natural; 7.5.6.1.2. Synthetic
8. Asia-Pacific Abrasives Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. By Material (Value); 8.2.1. Natural; 8.2.2. Synthetic; 8.3. By Product Type (Value); 8.3.1. Bonded; 8.3.2. Coated; 8.3.3. Super; 8.4. By Application (Value); 8.4.1. Automotive; 8.4.2. Electrical & Electronics; 8.4.3. Metal Fabrication; 8.4.4. Machinery; 8.4.5. Others; 8.5. By Country (Value); 8.5.1. China; 8.5.1.1. By Material (Value); 8.5.1.1.1. Natural; 8.5.1.1.2. Synthetic; 8.5.2. India; 8.5.2.1. By Material (Value); 8.5.2.1.1. Natural; 8.5.2.1.2. Synthetic; 8.5.3. Japan; 8.5.3.1. By Material (Value); 8.5.3.1.1. Natural; 8.5.3.1.2. Synthetic; 8.5.4. South Korea; 8.5.4.1. By Material (Value); 8.5.4.1.1. Natural; 8.5.4.1.2. Synthetic; 8.5.5. Rest of Asia Pacific; 8.5.5.1. By Material (Value); 8.5.5.1.1. Natural; 8.5.5.1.2. Synthetic
9. Latin America Abrasives Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. By Material (Value); 9.2.1. Natural; 9.2.2. Synthetic; 9.3. By Product Type (Value); 9.3.1. Bonded; 9.3.2. Coated; 9.3.3. Super; 9.4. By Application (Value); 9.4.1. Automotive; 9.4.2. Electrical & Electronics; 9.4.3. Metal Fabrication; 9.4.4. Machinery; 9.4.5. Others; 9.5. By Country (Value); 9.5.1. Brazil; 9.5.1.1. By Material (Value); 9.5.1.1.1. Natural; 9.5.1.1.2. Synthetic; 9.5.2. Mexico; 9.5.2.1. By Material (Value); 9.5.2.1.1. Natural; 9.5.2.1.2. Synthetic; 9.5.3. Rest of Latin America; 9.5.3.1. By Material (Value); 9.5.3.1.1. Natural; 9.5.3.1.2. Synthetic
10. Middle East & Africa Abrasives Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. By Material (Value); 10.2.1. Natural; 10.2.2. Synthetic; 10.3. By Product Type (Value); 10.3.1. Bonded; 10.3.2. Coated; 10.3.3. Super; 10.4. By Application (Value); 10.4.1. Automotive; 10.4.2. Electrical & Electronics; 10.4.3. Metal Fabrication; 10.4.4. Machinery; 10.4.5. Others; 10.5. By Country (Value); 10.5.1. South Africa; 10.5.1.1. By Material (Value); 10.5.1.1.1. Natural; 10.5.1.1.2. Synthetic; 10.5.2. UAE; 10.5.2.1. By Material (Value); 10.5.2.1.1. Natural; 10.5.2.1.2. Synthetic; 10.5.3. Saudi Arabia; 10.5.3.1. By Material (Value); 10.5.3.1.1. Natural; 10.5.3.1.2. Synthetic; 10.5.4. Rest of Middle East & Africa; 10.5.4.1. By Material (Value); 10.5.4.1.1. Natural; 10.5.4.1.2. Synthetic
11. Company Profile (Overview, Products & Services, Recent Developments, Strategies, Financials (based on availability)): 11.1. The 3M Company; 11.1.1. Overview; 11.1.2. Description; 11.1.3. Product Portfolio; 11.1.4. Financials (Data as available in public domain and/or on paid databases); 11.1.5. Recent Developments; 11.2. Saint-Gobain; 11.2.1. Overview; 11.2.2. Description; 11.2.3. Product Portfolio; 11.2.4. Financials (Data as available in public domain and/or on paid databases); 11.2.5. Recent Developments; 11.3. Krebs & Riedel; 11.3.1. Overview; 11.3.2. Description; 11.3.3. Product Portfolio; 11.3.4. Financials (Data as available in public domain and/or on paid databases); 11.3.5. Recent Developments; 11.4. Asahi Diamond Industrial Co., Ltd.; 11.4.1. Overview; 11.4.2. Description; 11.4.3. Product Portfolio; 11.4.4. Financials (Data as available in public domain and/or on paid databases); 11.4.5. Recent Developments; 11.5. Robert Bosch GmbH; 11.5.1. Overview; 11.5.2. Description; 11.5.3. Product Portfolio; 11.5.4. Financials (Data as available in public domain and/or on paid databases); 11.5.5. Recent Developments; 11.6. Fujimi Incorporated; 11.6.1. Overview; 11.6.2. Description; 11.6.3. Product Portfolio; 11.6.4. Financials (Data as available in public domain and/or on paid databases); 11.6.5. Recent Developments; 11.7. Henkel AG & Co. KGaA; 11.7.1. Overview; 11.7.2. Description; 11.7.3. Product Portfolio; 11.7.4. Financials (Data as available in public domain and/or on paid databases); 11.7.5. Recent Developments; 11.8. Carborundum Universal Limited; 11.8.1. Overview; 11.8.2. Description; 11.8.3. Product Portfolio; 11.8.4. Financials (Data as available in public domain and/or on paid databases); 11.8.5. Recent Developments; 11.9. NIPPON RESIBON CORPORATION; 11.9.1. Overview; 11.9.2. Description; 11.9.3. Product Portfolio; 11.9.4. Financials (Data as available in public domain and/or on paid databases); 11.9.5. Recent Developments; 11.10. KWH Mirka; 11.10.1. Overview; 11.10.2. Description; 11.10.3. Product Portfolio; 11.10.4. Financials (Data as available in public domain and/or on paid databases); 11.10.5. Recent Developments; 11.11. NORITAKE CO., LIMITED; 11.11.1. Overview; 11.11.2. Description; 11.11.3. Product Portfolio; 11.11.4. Financials (Data as available in public domain and/or on paid databases); 11.11.5. Recent Developments
12. Strategic Recommendations