Non-woven Abrasives Market - By Product (Hand Pads and Rolls, Belts, Discs, Rolls, Wheels), By End-user (Household, Electronics & Semiconductor, Transportation, Construction), By Region & Global Forecast to 2032
Non-woven Abrasives Market is anticipated to grow considerably during 2023-2032 owing to the increasing demand for automobiles across the world. As per credible reports, a total of more than 3.5 million units were sold in the Indian subcontinent during 2022, which is nearly 23.1% higher than the previous year.
Non-woven abrasives consist of a three-dimensional network of fibres with resin and abrasive globules contained within the fibres. The abrasive materials include silicon carbide, aluminum oxide, and ceramic alumina. To fit a range of power tools, non-woven materials are made into belts, discs, pads, flap wheels, and flap discs.
Besides, increasing investments by companies in research & development for unveiling new products to enhance product portfolios will assist the industry growth. Market vendors are also engaging in organic and inorganic strategies such as mergers and acquisitions and partnerships to gain a niche in the marketplace. To cite an instance, recently, 3M unveiled the Scotch-Brite™ precision surface conditioning scale that offers the benefits of two of 3M’s original abrasive technologies to offer an exceptionally unique abrasive solution that is the first of its kind.
Overall, the non-woven abrasives industry is segmented in terms of product, end-use, and region.
Based on the product, the wheels segment is anticipated to register robust growth during 2023-2032, as non-woven abrasive wheels can be used on a buffing lathe or grinder. In addition, their wide application in debarring, base polishing, metal finishing, chamfering, satin finishing, auto polishing for the glass & sunglasses flame, and polishing of stainless coils will also spur the product adoption in the coming years.
By end-use, the construction segment accounted for a commendable revenue share in 2022. Increasing expenditure on infrastructure development by both residential as well as public sectors will bolster the demand for the global non-woven abrasives market over the coming years. As per reliable sources, total residential construction spending in 202 was USD 646 billion.
Besides, constant investments in modern architectural constructions in developing countries such as Singapore will also positively favor the industry outlook. The transportation sector in North America is anticipated to witness strong growth through 2032. In addition, the construction sector has rebounded and expanded considerably. Besides, non-woven abrasives hold huge applications in the transportation and construction sectors, owing to which the regional demand for non-woven abrasives is expected to grow in the coming years.
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