According to the report the global coated abrasives market reached a value of approximately USD 9.45 billion in 2022. Aided by the rising demand for high-efficiency abrasion materials and the increasing applications of coated abrasives across diverse industries, the market is projected to further grow at a CAGR of 6.32% between 2023 and 2028 to reach a value of USD 13.71 billion by 2028.
Coated abrasives refer to abrasive grains bonded to a flexible substrate using adhesives. Commonly available in the form of sheets, belts, discs, and rolls, coated abrasives play an integral role in several applications, including grinding, sanding, polishing, and finishing. With their ability to deliver uniform and consistent results, they are a preferred choice across a range of industries, such as automotive, metalworking, woodworking, electronics, and construction.
The growing preference for high-efficiency abrasion materials is propelling the global coated abrasives market growth. With industries striving to improve operational efficiency and product quality, the demand for advanced abrasives that can deliver superior performance is on the rise. This trend, combined with the advantages of coated abrasives - such as enhanced durability, flexibility, and wide range of grit sizes - is fuelling the market growth.
The widening applications of coated abrasives in various industries are also contributing significantly to the coated abrasives market expansion. In the automotive industry, coated abrasives are indispensable in several processes, including deburring, paint removal, surface preparation, and finishing. They are used extensively in the metalworking industry for applications such as cutting, grinding, and polishing metals. Meanwhile, the woodworking industry utilises coated abrasives for sanding and finishing wooden surfaces. These diverse applications underscore the vital role of coated abrasives in industrial processes.
Further, technological advancements and innovation in abrasive materials are bolstering the coated abrasives market growth. The development of new manufacturing techniques and materials that improve the performance and longevity of coated abrasives is driving their adoption across industries. For instance, the incorporation of superabrasive grains, such as diamond and cubic boron nitride, into coated abrasives enhances their cutting efficiency and lifespan, making them more cost-effective and desirable for industrial use, accelerating the coated abrasives market development.
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*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Coated abrasives refer to abrasive grains bonded to a flexible substrate using adhesives. Commonly available in the form of sheets, belts, discs, and rolls, coated abrasives play an integral role in several applications, including grinding, sanding, polishing, and finishing. With their ability to deliver uniform and consistent results, they are a preferred choice across a range of industries, such as automotive, metalworking, woodworking, electronics, and construction.
The growing preference for high-efficiency abrasion materials is propelling the global coated abrasives market growth. With industries striving to improve operational efficiency and product quality, the demand for advanced abrasives that can deliver superior performance is on the rise. This trend, combined with the advantages of coated abrasives - such as enhanced durability, flexibility, and wide range of grit sizes - is fuelling the market growth.
The widening applications of coated abrasives in various industries are also contributing significantly to the coated abrasives market expansion. In the automotive industry, coated abrasives are indispensable in several processes, including deburring, paint removal, surface preparation, and finishing. They are used extensively in the metalworking industry for applications such as cutting, grinding, and polishing metals. Meanwhile, the woodworking industry utilises coated abrasives for sanding and finishing wooden surfaces. These diverse applications underscore the vital role of coated abrasives in industrial processes.
Further, technological advancements and innovation in abrasive materials are bolstering the coated abrasives market growth. The development of new manufacturing techniques and materials that improve the performance and longevity of coated abrasives is driving their adoption across industries. For instance, the incorporation of superabrasive grains, such as diamond and cubic boron nitride, into coated abrasives enhances their cutting efficiency and lifespan, making them more cost-effective and desirable for industrial use, accelerating the coated abrasives market development.
Market Segmentation
The market can be divided based on product type, application, and region.Market Breakup by Product Type
- Super
- Coated
- Bonded
Market Breakup by Application
- Aerospace
- Automotive
- Metal Fabrication
- Electrical and Electronics Equipment
- Machinery
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global coated abrasives companies. Some of the major key players explored in the report are as follows:- Sia Abrasives Industries AG
- Carborundum Universal Limited
- Nippon Resibon Corporation
- Noritake Co, Limited
- Hermes Schleifwerkzeuge GmbH & Co. KG
- Vereinigte Schmirgel- und Maschinen-Fabriken AG
- Tyrolit - Schleifmittelwerke Swarovski AG & Co K.G
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Coated Abrasives Market Analysis
8.1 Key Industry Highlights
8.2 Global Coated Abrasives Historical Market (2018-2022)
8.3 Global Coated Abrasives Market Forecast (2023-2028)
8.4 Global Coated Abrasives Market by Product Type
8.4.1 Super
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Coated
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Bonded
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Coated Abrasives Market by Application
8.5.1 Aerospace
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Automotive
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Metal Fabrication
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Electrical and Electronics Equipment
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Machinery
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Coated Abrasives Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Coated Abrasives Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Coated Abrasives Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Coated Abrasives Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Coated Abrasives Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Coated Abrasives Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Sia Abrasives Industries AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Carborundum Universal Limited
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Nippon Resibon Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Noritake Co, Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Hermes Schleifwerkzeuge GmbH & Co. KG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Vereinigte Schmirgel- und Maschinen-Fabriken AG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Tyrolit - Schleifmittelwerke Swarovski AG & Co K.G
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
Companies Mentioned
- Sia Abrasives Industries AG
- Carborundum Universal Limited
- Nippon Resibon Corporation
- Noritake Co, Limited
- Hermes Schleifwerkzeuge GmbH & Co. KG
- Vereinigte Schmirgel- und Maschinen-Fabriken AG
- Tyrolit – Schleifmittelwerke Swarovski AG & Co K.G
Methodology
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