Global Phenolic Resin Grinding Wheel Market Growth 2023-2029

Global Phenolic Resin Grinding Wheel Market Growth 2023-2029

Phenolic Resin Grinding Wheel is the grinding wheel in which the phenolic resin is used as the Binding agent. Phenolic Resin Grinding wheel is the bond (Phenolic Resin) will be ordinary abrasive consolidation into a certain shape (most of the circular, the central through hole), and has a certain strength of the bonded abrasive. It is generally composed of abrasive, bonding agent and porosity, these three parts are often referred to as the three elements of the bonded abrasive tools.

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

This Insight Report provides a comprehensive analysis of the global Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Phenolic Resin Grinding Wheel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel.

The global Phenolic Resin Grinding Wheel market size is projected to grow from US$ 4989.1 million in 2022 to US$ 4706.4 million in 2029; it is expected to grow at a CAGR of 4706.4 from 2023 to 2029.

Global Phenolic Resin Grinding Wheel key players include Norton, 3M, Camel grinding wheels discs and abrasives, Tyrolit Group, etc. Global top four manufacturers hold a share over 20%.

China is the largest market, with a share over 40%, followed by Europe, and North America, both have a share about 30 percent.

In terms of product, Al2O3 Phenolic Resin Grinding Wheel is the largest segment, with a share over 40%. And in terms of application, the largest application is Stones, followed by Metal, Steel, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Phenolic Resin Grinding Wheel market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Al2O3 Phenolic Resin Grinding Wheel

SiC Phenolic Resin Grinding Wheel

MBD and CBN Phenolic Resin Grinding Wheel

Others

Segmentation by application

Metal

Stones

Steel

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.

Norton (Saint Gobain)

3M

Kuretoishi

Camel grinding wheels discs and abrasives

Tyrolit Group

SHIN-EI Grinding Wheels

DSA Products

Andre Abrasive

DK Holdings

Elka

Thai GCI Resitop Co

LangFang JuLong

Wan Yuan GrindingWheels

White Dove

Henan YuXing

Key Questions Addressed in this Report

What is the 10-year outlook for the global Phenolic Resin Grinding Wheel market?

What factors are driving Phenolic Resin Grinding Wheel market growth, globally and by region?

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

How do Phenolic Resin Grinding Wheel market opportunities vary by end market size?

How does Phenolic Resin Grinding Wheel 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.