Global Abrasive Wheels & Discs Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Abrasive Wheels & Discs market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
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 Global Info Research report includes an overview of the development of the Abrasive Wheels & Discs industry chain, the market status of Bonded (1-3 Inches, 3-6 Inches), Coated (1-3 Inches, 3-6 Inches), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Abrasive Wheels & Discs.
Regionally, the report analyzes the Abrasive Wheels & Discs markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Abrasive Wheels & Discs market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Abrasive Wheels & Discs market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Abrasive Wheels & Discs industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 1-3 Inches, 3-6 Inches).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Abrasive Wheels & Discs market.
Regional Analysis: The report involves examining the Abrasive Wheels & Discs market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Abrasive Wheels & Discs market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Abrasive Wheels & Discs:
Company Analysis: Report covers individual Abrasive Wheels & Discs manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Abrasive Wheels & Discs This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Bonded, Coated).
Technology Analysis: Report covers specific technologies relevant to Abrasive Wheels & Discs. It assesses the current state, advancements, and potential future developments in Abrasive Wheels & Discs areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Abrasive Wheels & Discs market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Abrasive Wheels & Discs market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
1-3 Inches
3-6 Inches
Above 6 Inches
Market segment by Application
Bonded
Coated
Non-woven
Major players covered
3M
DEWALT
Shark
Benchmark Abrasives
Black Hawk
Bosch
Hot Max
Makita
Metabo
Mirka
Saint-Gobain
PORTER-CABLE
POWERTEC
Sungold Abrasives
Tool Guy Republic
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Abrasive Wheels & Discs product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Abrasive Wheels & Discs, with price, sales, revenue and global market share of Abrasive Wheels & Discs from 2019 to 2024.
Chapter 3, the Abrasive Wheels & Discs competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Abrasive Wheels & Discs breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Abrasive Wheels & Discs market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Abrasive Wheels & Discs.
Chapter 14 and 15, to describe Abrasive Wheels & Discs sales channel, distributors, customers, research findings and conclusion.