Abrasives Market 2021-2027 - Research and Markets

Global Abrasives Market Size, Share & Trends Analysis Report by Raw Material (Natural Abrasives, Synthetic Abrasives), by Product Type (Bonded, Coated, and Super), by End-User Industry (Automotive, Machinery, Aerospace, Metal Fabrication, Electrical & Electronics Equipment, Other) Forecast Period 2021-2027.

The global abrasives market is anticipated to grow considerably at a CAGR of 3.8% during the forecast period (2021-2027). The growing demand for abrasives in machinery & metal fabrication industries in developing economies owing to rapid industrialization is a key factor driving the growth of the global abrasives market. The growing market for electric vehicles is further contributing to the market growth owing to the high utility of abrasives in the finishing of metal parts of electric vehicles. Some raw materials that are used to manufacture abrasives are highly toxic in nature hence their usage is banned in some country. The growing R&D in the field of developing sustainable material to manufacture abrasives is likely to offer immense opportunity to the growth of the global abrasives market.

The report on global abrasives market covers segments including raw material, product type, and application. Based on raw material, the global abrasives market is segmented into natural abrasives and synthetic abrasives. Based on product type, the market is segmented into bonded abrasives, coated abrasives, and super abrasives. Based on end-user industry, the market is segmented into automotive, machinery, aerospace, metal fabrication, electrical & electronics equipment, and other.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is anticipated to exhibit considerable growth in the global abrasives market. The growing product demand from the automotive and aerospace & defense industries across the US are a key factor creating demand for abrasives market. The significant growth in the metal fabrication industries across the region is expected to offer growth opportunities to the product manufacturers. For instance, in July 2020, Sargent Metal Fabricators Inc. has invested $9.5 million in its production plant to expand operations in South Carolina, the US to cater to the growing customer demand.

The key players that are contributing significantly to the growth of the global abrasives market include 3M Company, Asahi Diamond Industrial Co., Ltd., Carborundum Universal Ltd., Deerfos Co., Ltd., Fujimi Inc., and Tyrolit Group among others. These players are adopting different growth strategies such as investment in new product launches, mergers and acquisition, partnership, and collaboration, among others to expand their footprints in the global marketplace.

Research Methodology

The market study of the global abrasives market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

Financial reports of companies involved in the market.
Whitepapers, researchpapers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Abrasives Market Research And Analysis By Raw Material
Global Abrasives Market Research And Analysis By Product Type
Global Abrasives Market Research And Analysis By End-User Industry

The Report Covers

Comprehensive Research Methodology of the global abrasives market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global abrasives market.
Insights about market determinants that are stimulating the global abrasives market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Abrasives Industry
Recovery Scenario of Global Abrasives Industry

1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Trade Analysis
2.3. Analyst Insight & Current Market Trends
2.3.1. Key Findings
2.3.2. Recommendations
2.3.3. Conclusion

3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Impact of COVID on key players

4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation
5.1. Global Abrasives Market by Raw Material
5.1.1. Natural
5.1.2. Synthetic
5.2. Global Abrasives Market by Product Type
5.2.1. Coated
5.2.2. Bonded
5.2.3. Super
5.3. Global Abrasives Market by End-User Industry
5.3.1. Automotive
5.3.2. Machinery
5.3.3. Aerospace
5.3.4. Metal Fabrication
5.3.5. Electrical & Electronics Equipment
5.3.6. Other

6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles
7.1. 3M Company
7.2. Abrasiflex Pty Ltd.
7.3. Asahi Diamond Industrial Co., Ltd.
7.4. Carborundum Universal Ltd.
7.5. Deerfos Co., Ltd
7.6. Flexovit
7.7. Fujimi Inc.
7.8. Henkel Ag & Co. Kgaa
7.9. Hindustan Abrasives
7.10. Nippon Resibon Corp.
7.11. Noritake Co. Ltd.
7.12. Orient Abrasives
7.13. Robert Bosch Gmbh
7.14. Saint-Gobain Abrasives, Inc.
7.15. SAK Industries
7.16. Sankyo-Rikagaku Co., Ltd.
7.17. Sterling Abrasives Ltd. (SAL)
7.18. Tyrolit Group
7.19. Welcast Steels Ltd.
7.20. Wendt India Ltd.List of Tables
1. Global Abrasives Market by Raw Material, 2020-2027 ($ Million)
2. Global Natural Abrasives Market by Region, 2020-2027 ($ Million)
3. Global Synthetic Abrasives Market by Region, 2020-2027 ($ Million)
4. Global Abrasives Market by Product Type, 2020-2027 ($ Million)
5. Global Coated Abrasives Market by Region, 2020-2027 ($ Million)
6. Global Bonded Abrasives Market by Region, 2020-2027 ($ Million)
7. Global Super Abrasives Market by Region, 2020-2027 ($ Million)
8. Global Abrasives Market by End-User Industry, 2020-2027 ($ Million)
9. Global Abrasives for Automotive Market by Region,2020-2027 ($ Million)
10. Global Abrasives for Machinery Market by Region,2020-2027 ($ Million)
11. Global Abrasives for Aerospace Market by Region,2020-2027 ($ Million)
12. Global Abrasives for Metal Fabrication Market by Region,2020-2027 ($ Million)
13. Global Abrasives for Electrical & Electronics Equipment Market by Region,2020-2027 ($ Million)
14. Global Abrasives for Other Industries Market by Region,2020-2027 ($ Million)
15. Global Abrasives Market Research and Analysis by Geography, 2020-2027 ($ Million)
16. North American Abrasives Market Research and Analysis by Raw Material, 2020-2027 ($ Million)
17. North American Abrasives Market Research and Analysis by Product Type, 2020-2027 ($ Million)
18. North American Abrasives Market Research and Analysis by End-User Industry, 2020-2027 ($ Million)
19. North American Abrasives Market Research and Analysis by Country, 2020-2027 ($ Million)
20. European Abrasives Market Research and Analysis by Raw Material, 2020-2027 ($ Million)
21. European Abrasives Market Research and Analysis by Product Type, 2020-2027 ($ Million)
22. European Abrasives Market Research and Analysis by End-User Industry, 2020-2027 ($ Million)
23. European Abrasives Market Research and Analysis by Country, 2020-2027 ($ Million)
24. Asia-Pacific Abrasives Market Research and Analysis by Raw Material, 2020-2027 ($ Million)
25. Asia-Pacific Abrasives Market Research and Analysis by Product Type, 2020-2027 ($ Million)
26. Asia-Pacific Abrasives Market Research and Analysis by End-User Industry, 2020-2027 ($ Million)
27. Asia-Pacific Abrasives Market Research and Analysis by Country, 2020-2027 ($ Million)
28. Rest of the World Abrasives Market Research and Analysis by Raw Material, 2020-2027 ($ Million)
29. Rest of the World Abrasives Market Research and Analysis by Product Type, 2020-2027 ($ Million)
30. Rest of the World Abrasives Market Research and Analysis by End-User Industry, 2020-2027 ($ Million)List of Figures
1. Impact of COVID-19 on Global Abrasives Market, 2020-2027 ($ Million)
2. Impact of COVID-19 on Global Abrasives Market by Segment, 2020-2027 ($ Million)
3. Recovery of Global Abrasives Market, 2021-2027 (%)
4. Global Abrasives Market Share by Raw Material, 2020 Vs 2027 (%)
5. Global Abrasives Market Share by Product Type, 2020 Vs 2027 (%)
6. Global Abrasives Market Share by End-User Industry, 2020 Vs 2027 (%)
7. Global Abrasives Market Share by Geography, 2020 Vs 2027, (%)
8. Global Natural Abrasives Market by Region, 2020 Vs 2027 (%)
9. Global Synthetic Abrasives Market by Region, 2020 Vs 2027 (%)
10. Global Coated Abrasives Market by Region, 2020 Vs 2027 (%)
11. Global Bonded Abrasives Market by Region, 2020 Vs 2027 (%)
12. Global Super Abrasives Market by Region, 2020 Vs 2027 (%)
13. Global Abrasives for Automotive Market by Region, 2020 Vs 2027 (%)
14. Global Abrasives for Machinery Market by Region, 2020 Vs 2027 (%)
15. Global Abrasives for Aerospace Market by Region, 2020 Vs 2027 (%)
16. Global Abrasives for Metal Fabrication Market by Region, 2020 Vs 2027 (%)
17. Global Abrasives for Electrical & Electronics Equipment Market by Region, 2020 Vs 2027 (%)
18. Global Abrasives for Others Market by Region, 2020 Vs 2027 (%)
19. Us Abrasives Market Size, 2020-2027 ($ Million)
20. Canada Market Abrasives Market Size, 2020-2027 ($ Million)
21. UK Abrasives Market Size, 2020-2027 ($ Million)
22. Germany Abrasives Market Size, 2020-2027 ($ Million)
23. Spain Abrasives Market Size, 2020-2027 ($ Million)
24. France Abrasives Market Size, 2020-2027 ($ Million)
25. Italy Abrasives Market Size, 2020-2027 ($ Million)
26. Rest of Europe Abrasives Market Size, 2020-2027 ($ Million)
27. India Abrasives Market Size, 2020-2027 ($ Million)
28. China Abrasives Market Size, 2020-2027 ($ Million)
29. Japan Abrasives Market Size, 2020-2027 ($ Million)
30. Rest Ofasia-Pacific Abrasives Market Size, 2020-2027 ($ Million)
31. Rest of World Abrasives Market Size, 2020-2027 ($ Million)