Global Abrasive Disc Market Growth 2023-2029

Global Abrasive Disc Market Growth 2023-2029

Abrasive disc is a coated abrasive which bonded fine ore abrasive grains to the base material of uniform thickness. It can machine a uniform surface.

Abrasive discs consist of abrasive grains adhered onto a backing of cloth, fiber, film, paper, non-woven, or other material. These units are then mounted on a sander, grinder or similar tool and used in a variety of sanding, grinding, polishing and surface preparation applications.

LPI (LP Information)' newest research report, the “Abrasive Disc Industry Forecast” looks at past sales and reviews total world Abrasive Disc sales in 2022, providing a comprehensive analysis by region and market sector of projected Abrasive Disc sales for 2023 through 2029. With Abrasive Disc sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Abrasive Disc industry.

This Insight Report provides a comprehensive analysis of the global Abrasive Disc landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Abrasive Disc portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Abrasive Disc market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Abrasive Disc and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Abrasive Disc.

The global Abrasive Disc market size is projected to grow from US$ 4455.9 million in 2022 to US$ 5406.5 million in 2029; it is expected to grow at a CAGR of 5406.5 from 2023 to 2029.

Global Abrasive Disc key players include Saint-Gobain, Tyrolit, Zhuhai Elephant, WINKING, Shengsen Abrasive, etc. Global top five manufacturers hold a share over 35%.

China is the largest market, with a share over 40%, followed by Germany and USA, both have a share over 30%.

In terms of application, the largest application is Iron, followed by Steel, Building Materials, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Abrasive Disc market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Cutting Disc

Grinding Disc

Others

Segmentation by application

Iron

Steel

Stainless Steel

Cast Iron

Other Metal Materials

Building Materials

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Saint-Gobain

Tyrolit

3M

Rhodius

DRONCO

Bosch

Pferd

Klingspor

Hermes Schleifmittel

METABO

Weiler

Mirka

Stanley Black and Decker

Ali Industries

CGW

Ingersoll-rand

Deerfos

Key Questions Addressed in this Report

What is the 10-year outlook for the global Abrasive Disc market?

What factors are driving Abrasive Disc market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Abrasive Disc market opportunities vary by end market size?

How does Abrasive Disc break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.