Global Grinding Wheels Supply, Demand and Key Producers, 2023-2029

Global Grinding Wheels Supply, Demand and Key Producers, 2023-2029

The global Grinding Wheels market size is expected to reach $ 7004.7 million by 2029, rising at a market growth of 3.6% CAGR during the forecast period (2023-2029).

Global grinding wheel key manufacturers include Klingspor, 3M, Mirka Abrasives, Noritake, Saint-Gobain, Kure Grinding Wheel, Camel Grinding Wheels and Tyrolit Group. The largest manufacturer is Saint-Gobain, with a market share of 15%. The global production sites are mainly located in North America, Europe, China, Japan, Taiwan (China), India, Australia, Southeast Asia, South America, etc. In terms of product material, resinoid bond have the largest market share with 60%, followed by vitrified bond with 35%. In terms of application, the transport industry is the top application area with 38% of the market share, followed by bearings and machinery.

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.

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

This report is a detailed and comprehensive analysis of the world market for Grinding Wheels, 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 Grinding Wheels that contribute to its increasing demand across many markets.

Highlights and key features of the study

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

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

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

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

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

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

Global Grinding Wheels production by Materials, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

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

This reports profiles key players in the global Grinding Wheels 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 Klingspor, 3M, Mirka Abrasives, Noritake, Saint-Gobain, Kure Grinding Wheel, Camel Grinding Wheels, Tyrolit Group and SHIN-EI Grinding Wheels, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Grinding Wheels 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 Materials, 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 Grinding Wheels Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Grinding Wheels Market, Segmentation by Materials
Resinoid Bond
Vitrified Bond
Others

Global Grinding Wheels Market, Segmentation by Application
Transport Industry
Bearing & Machinery
Construction
Steel Industry
Oil & Gas
Others

Companies Profiled:
Klingspor
3M
Mirka Abrasives
Noritake
Saint-Gobain
Kure Grinding Wheel
Camel Grinding Wheels
Tyrolit Group
SHIN-EI Grinding Wheels
DSA Products
Andre Abrasive
DK Holdings
ELKA-Elastic
Keihin Kogyosho Co., Ltd
Northern Grinding Wheels
Hebei Sanfeng Abrasives
Hindustan Abrasives
GRANIT Grinding Wheel Ltd
ATLANTIC GmbH
AWUKO Abrasives
Abrasivos Manhattan SA

Key Questions Answered

1. How big is the global Grinding Wheels market?

2. What is the demand of the global Grinding Wheels market?

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

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

5. Who are the key producers in the global Grinding Wheels market?

6. What are the growth factors driving the market demand?