Global Abrasives Supply, Demand and Key Producers, 2023-2029

Global Abrasives Supply, Demand and Key Producers, 2023-2029

The global Abrasives market size is expected to reach $ 24620 million by 2029, rising at a market growth of 4.4% CAGR during the forecast period (2023-2029).

Global key players of Abrasives include Saint-Gobain, 3M, Bosch, HERMES and CUMI, etc. The top five players hold a share over 20%. Asia-Pacific is the largest market, has a share about 44%. In terms of product type, Bonded Abrasives is the largest segment, occupied for a share of about 60%, and in terms of application, Machinery Manufacturing has a share about 27 percent.

An abrasive is a material, often a mineral, that is used to shape or finish a workpiece through rubbing which leads to part of the workpiece being worn away by friction. While finishing a material often means polishing it to gain a smooth, reflective surface, the process can also involve roughening as in satin, matte or beaded finishes. In short, the ceramics which are used to cut, grind and polish other softer materials are known as abrasives.

This report studies the global Abrasives production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Abrasives, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Abrasives that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Abrasives total production and demand, 2018-2029, (K MT)

Global Abrasives total production value, 2018-2029, (USD Million)

Global Abrasives production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Abrasives consumption by region & country, CAGR, 2018-2029 & (K MT)

U.S. VS China: Abrasives domestic production, consumption, key domestic manufacturers and share

Global Abrasives production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)

Global Abrasives production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Abrasives production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT).

This reports profiles key players in the global Abrasives market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Saint-Gobain, 3M, Bosch, HERMES, CUMI, Klingspor, VSM, Hubei Yuli Abrasive Belt Group and Bosun Co., Ltd., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Abrasives market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Abrasives Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Abrasives Market, Segmentation by Type
Bonded Abrasives
Coated Abrasives
Others

Global Abrasives Market, Segmentation by Application
Machinery Manufacturing
Automotive
Steel Processing
Non-Ferrous Metal Processing
Grain Processing
Papermaking
Glass
Plastic
Rubber
Others

Companies Profiled:
Saint-Gobain
3M
Bosch
HERMES
CUMI
Klingspor
VSM
Hubei Yuli Abrasive Belt Group
Bosun Co., Ltd.
PFERD
Sinomach Precision Industry
Reishauer
Sumitomo Group
Dongguan Golden Sun Abrasives
Guangdong Chuanghui Industrial
Asahi Diamond

Key Questions Answered

1. How big is the global Abrasives market?

2. What is the demand of the global Abrasives market?

3. What is the year over year growth of the global Abrasives market?

4. What is the production and production value of the global Abrasives market?

5. Who are the key producers in the global Abrasives market?