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FEATURED COMPANIES
- 3M Company
- Carborundum Universal Ltd
- Günter Wendt GmbH
- Mirka Ltd
- Noritake Co. Ltd.
- Radiac Abrasive Company
Free Webex Call
Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The Global Super Abrasives Market size is estimated at around $ 3.5 billion in 2020 and is projected to grow to $ 4.8 billion by 2025. Major factors responsible for the growth of the Global Super Abrasives Market include growing awareness regarding adoption of high-end technologies and their benefits coupled with the continuing growth of the automotive industry. In addition to this, the product is widely popular due to its peculiar properties such as entrenched lifecycle, high scale hardness and superlative performance, which is anticipated to spur the Global Super Abrasives Market growth during the forecast period. However, some of the factors that might act as major impediments to the growth of super abrasives market across the globe in the years to come are high cost of production along with product price volatility due to the fluctuating raw material costs.
The Global Super Abrasives Market is segmented based on product, application, region and company. Based on application, the market can be segmented into aerospace, medical, automotive, construction, electrical & electronics, oil & gas, and others. Among them, the automotive industry dominated the market in terms of largest market share until 2019 and is anticipated to hold its position over the forecast period as well. Moreover, the electrical and electronics industry is expected to witness high growth over the coming years on account of extensive utilization of super abrasives in the manufacturing of Printed Circuit Boards (PCBs). However, outbreak of COVID-19 has resulted in bearish growth of the industry in 2020.
Major players operating in the Global Super Abrasives Market are Saint-Gobain Abrasives, Inc, Günter Wendt GmbH Radiac Abrasives, Inc, Noritake Co. Limited, Asahi Diamond Industrial Co., Ltd, 3M Company, Carborundum Universal Ltd, Guangdong Chanway Industrial Co. Ltd and Others.
Years considered for this report:
The Objective of the Study:
The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of manufacturers across the globe. Subsequently, the author conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the new products, distribution channels and presence of all major players across the globe.
The author calculated the market size of the Global Super Abrasives Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Super Abrasives Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Product:
Market, By Application:
Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Super Abrasives Market.
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
The Global Super Abrasives Market is segmented based on product, application, region and company. Based on application, the market can be segmented into aerospace, medical, automotive, construction, electrical & electronics, oil & gas, and others. Among them, the automotive industry dominated the market in terms of largest market share until 2019 and is anticipated to hold its position over the forecast period as well. Moreover, the electrical and electronics industry is expected to witness high growth over the coming years on account of extensive utilization of super abrasives in the manufacturing of Printed Circuit Boards (PCBs). However, outbreak of COVID-19 has resulted in bearish growth of the industry in 2020.
Major players operating in the Global Super Abrasives Market are Saint-Gobain Abrasives, Inc, Günter Wendt GmbH Radiac Abrasives, Inc, Noritake Co. Limited, Asahi Diamond Industrial Co., Ltd, 3M Company, Carborundum Universal Ltd, Guangdong Chanway Industrial Co. Ltd and Others.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
The Objective of the Study:
- To analyze and forecast the market size of the Global Super Abrasives Market.
- To classify and forecast the Global Super Abrasives Market based on product, application, company and regional distribution.
- To identify drivers and challenges for the Global Super Abrasives Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Super Abrasives Market.
- To conduct pricing analysis for the Global Super Abrasives Market.
- To identify and analyze the profile of leading players operating in the Global Super Abrasives Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of manufacturers across the globe. Subsequently, the author conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the new products, distribution channels and presence of all major players across the globe.
The author calculated the market size of the Global Super Abrasives Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Super abrasives manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to super abrasives
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Super Abrasives Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Product:
- Cubic Boron Nitride
- Polycrystalline
- CVD Diamonds
- Nano Diamonds
Market, By Application:
- Aerospace
- Medical
- Automotive
- Construction
- Electrical & Electronics
- Oil and Gas
- Others
Market, By Region:
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- North America
- United States
- Mexico
- Canada
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Super Abrasives Market.
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
FEATURED COMPANIES
- 3M Company
- Carborundum Universal Ltd
- Günter Wendt GmbH
- Mirka Ltd
- Noritake Co. Ltd.
- Radiac Abrasive Company
1. Product Overview2. Research Methodology3. Executive Summary4. Voice of Customer
5. Global Super Abrasives Market Outlook
6. Europe Super Abrasives Market Outlook
7. Asia-Pacific Super Abrasives Market Outlook
8. North America Super Abrasives Market Outlook
9. Middle East and Africa Super Abrasives Market Outlook
10. South America Super Abrasives Market Outlook
11. Market Dynamics
13. Competitive Landscape
14. Strategic Recommendations
List of Figures
A selection of companies mentioned in this report includes:
- Saint-Gobain Abrasives, Inc
- Günter Wendt GmbH
- Asahi Diamond Industrial Co., Ltd
- 3M Company
- Guangdong Chanway Industrial Co., Ltd
- Noritake Co. Ltd.
- Carborundum Universal Ltd
- Radiac Abrasive Company
- Mirka Ltd
- Vereingte Schmirgel-und Maschinen-Fabriken AG