Global Abrasives
Demand for abrasives worldwide is being impacted by a number of factors: growth in Asia, especially China, India, and Southeast Asia; advances in global manufacturing especially in electronics; and increasing interest in super abrasives and alternative backing materials. Growth in global demand for nonmetallic abrasives will be boosted by rising penetration of higher value products. However, increased market share for products like super abrasives will be driven to an extent by declining prices for advanced materials. Sales growth for cloth coated abrasives will trail that for other backing materials, in part because these products are most popular in mature markets like the US and Western Europe. Cloth coated abrasives will also face increasing competition from more specialized backing materials offering performance advantages for particular applications.
Products covered are:
Demand by product and market is presented for 19 countries in the following regions:
Scope of the Report
This report covers the scope, size, and growth of the global abrasives market, including key trends in products, markets, and regions. Historical data are provided for 2008, 2013, and 2018 for demand, production, and net exports, with forecasts for 2023. Historical market volatility is also addressed. Data are provided in US dollars. Demand totals at country level are also presented local currency terms. Also included is an analysis of key industry players and their global market shares.
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