Global Abrasives Market 2021-2025

The publisher has been monitoring the abrasives market and it is poised to grow by USD 8.29 bn during 2021-2025, progressing at a CAGR of over 4% during the forecast period. The report on abrasives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for PSA-backed coated abrasives and increasing use of abrasives in the electronics industry. In addition, rising demand for PSA-backed coated abrasives is anticipated to boost the growth of the market as well.

The abrasives market analysis include end-user segment, type segment, and geographic landscape.

The abrasives market is segmented as below:

By End-user

• General engineering and tooling
• Fabrication
• Automotive
• Electronics
• Others

By Type

• Bonded abrasives
• Coated abrasives
• Superabrasives

By Geography

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the increasing demand for abrasives from the automotive industry as one of the prime reasons driving the abrasives market growth during the next few years.

The report on abrasives market covers the following areas:

• Abrasives market sizing
• Abrasives market forecast
• Abrasives market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading abrasives market vendors that include 3M Co., Carborundum Universal Ltd., Compagnie de Saint-Gobain SA, Fujimi Inc., Henkel AG & Co. KGaA, Hermes Schleifmittel GmbH, Imerys, Jason Industries Inc., Robert Bosch GmbH, and WEEM Abrasives. Also, the abrasives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.