Abrasives Market Size, Share & Industry Analysis, By Materials (Natural and Synthetic), By Product (Bonded, Coated, and Super Abrasive), By Application (Automotive, Electrical & Electronics, Metal Fabrication, Machinery, and Others), and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Abrasives Market with respect to COVID-19 Business Impact.
Inquire before buying


This report focuses on the Abrasives market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Abrasives market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Abrasives Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Abrasives Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Abrasives Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Key Market Players Are Expected to Strengthen the Market Position by Offering Abrasives to the Automotive Industry
The major producers of abrasives are present in Europe. Some of the key market players are 3M, Saint-Gobain, Krebs & Riedel, DuPont, and Robert Bosch GmbH. Krebs & Riedel is a German manufacturing company of grinding wheels. The company offers various product range including cutting discs, conventional grinding wheels, cup wheels, and super abrasives such as diamond and CBN wheels in vitrified bonds. On the other hand, Saint-Gobain manufacture products, offering a complete portfolio of high-performance, precise and comfortable solutions for polishing, shaping and cutting all types of materials. The company is present in 68 countries with more than 180,000 employees. Similarly, other key players in the market have developed strong regional presence, distribution channels, and product offerings. Companies are forming strategies to expand their business and enhancing product portfolio to create opportunities in the value chain.

List of Key Companies Covered:

  
The 3M Company
  
Saint-Gobain
  
Krebs & Riedel
  
Asahi Diamond Industrial Co., Ltd.
  
Robert Bosch GmbH
  
Fujimi Incorporated
  
Henkel AG & Co. KGaA
  
Carborundum Universal Limited
  
Deerfos Co., Ltd.
  
Abrasiflex Pty Ltd.
  
NORITAKE CO., LIMITED
  
Other Key Players

REPORT COVERAGE

A growing trend is observed in the penetration of the market across various applications such as automotive, electrical & electronics, metal fabrication, machinery, and others.
The report provides qualitative and quantitative insights on the abrasive market and detailed analysis of market size & growth rate for all possible segments in the market. The market is segmented by material, product, application, and geography. Based on the material, the market is classified into natural and synthetic. By product, bonded, coated, and super. By application, the market is divided into automotive, electrical & electronics, metal fabrication, machinery, and others. Geographically, the global market has been analyzed across five major regions, which are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. These regions are further categorized into countries.
Along with this, the report provides an elaborative analysis of the global market dynamics and competitive landscape. Various key insights presented in the report are the price trend analysis, recent industry developments in the global market, the regulatory scenario in crucial countries, macro, and microeconomic factors, SWOT analysis, and key industry trends, competitive landscape, and company profiles.

Report Scope & Segmentation

 Segmentation

By Material

  
Natural Abrasives
  
Synthetic Abrasives

By Product

  
Bonded Abrasives
  
Coated Abrasives
  
Super Abrasives

By Application

  
Automotive
  
Electrical & Electronics
  
Metal Fabrication
  
Machinery
  
Others

By Geography

  
North America (U.S., and Canada)
  
Europe (Germany, UK, France, Italy, Russia, and Rest of Europe)
  
Asia Pacific (China, India, Japan, South Korea, and Rest of Asia Pacific)
  
Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)
  
Middle East & Africa (Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa)

Key Industry Developments

In February 2019, Sak Abrasives Inc. acquired Buffalo Abrasives Inc. This acquisition will help Sak Abrasives to expand in Nort America region in automotive, aerospace, steel, and oil & gas industries

In December 2017, Saint-Gobain launched a new product named Norton Quantum3 UTG grinding wheel (Ultra-Thin Grinding), that offers better user comfort, reduced deburring time and less downtime and waste. This product completes the new high-performance Norton Quantum3 range with ceramic grains and offers optimal material removal.