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Bonded and Super Abrasive Market in Vietnam 2024-2028

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    Report

  • 130 Pages
  • November 2023
  • Region: Vietnam
  • TechNavio
  • ID: 5912563
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The bonded and super abrasive market in Vietnam is forecasted to grow by USD 17.21 mn during 2023-2028, accelerating at a CAGR of 3.37% during the forecast period. The report on the bonded and super abrasive market in Vietnam 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing automotive sector, rising application of cutting tools, and increasing demand for bonded and super abrasive due to rapid industrialization.

The bonded and super abrasive market in Vietnam is segmented as below:

By Type

  • Bonded abrasive
  • Super abrasive

By Material

  • Synthetic abrasive
  • Natural abrasive

By End-user

  • Automotive and transportation
  • Machinery
  • Metal fabrication
  • Electrical and electronic equipment
  • Others
This study identifies the increased use of bonded and super abrasives for metal fabrication as one of the prime reasons driving the bonded and super abrasive market in Vietnam growth during the next few years. Also, demand for precision and efficiency in operations and high demand for construction and building materials will lead to sizable demand in the market.

The report on the bonded and super abrasive market in Vietnam covers the following areas:

  • Bonded and super abrasive market in Vietnam sizing
  • Bonded and super abrasive market in Vietnam forecast
  • Bonded and super abrasive market in Vietnam industry analysis
The 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 bonded and super abrasive market in Vietnam vendors that include 3M Co., Asahi Diamond Industrial Co. Ltd., Compagnie de Saint Gobain, Innogrind Vietnam Co. Ltd., Murugappa Group, and Robert Bosch GmbH. Also, the bonded and super abrasive market in Vietnam 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.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Material
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on Vietnam: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on Vietnam: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 bonded and super abrasive market in Vietnam 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on bonded and super abrasive market in Vietnam 2018 - 2022 ($ million)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Material Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Material Segment 2018 - 2022 ($ million)
4.4 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Exhibit 27: Chart on Type - Market share 2023-2028 (%)
Exhibit 28: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 29: Chart on Comparison by Type
Exhibit 30: Data Table on Comparison by Type
6.3 Bonded abrasive - Market size and forecast 2023-2028
Exhibit 31: Chart on Bonded abrasive - Market size and forecast 2023-2028 ($ million)
Exhibit 32: Data Table on Bonded abrasive - Market size and forecast 2023-2028 ($ million)
Exhibit 33: Chart on Bonded abrasive - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Bonded abrasive - Year-over-year growth 2023-2028 (%)
6.4 Super abrasive - Market size and forecast 2023-2028
Exhibit 35: Chart on Super abrasive - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Data Table on Super abrasive - Market size and forecast 2023-2028 ($ million)
Exhibit 37: Chart on Super abrasive - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Super abrasive - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Exhibit 39: Market opportunity by Type ($ million)
Exhibit 40: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Material
7.1 Market segments
Exhibit 41: Chart on Material - Market share 2023-2028 (%)
Exhibit 42: Data Table on Material - Market share 2023-2028 (%)
7.2 Comparison by Material
Exhibit 43: Chart on Comparison by Material
Exhibit 44: Data Table on Comparison by Material
7.3 Synthetic abrasive - Market size and forecast 2023-2028
Exhibit 45: Chart on Synthetic abrasive - Market size and forecast 2023-2028 ($ million)
Exhibit 46: Data Table on Synthetic abrasive - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Chart on Synthetic abrasive - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Synthetic abrasive - Year-over-year growth 2023-2028 (%)
7.4 Natural abrasive - Market size and forecast 2023-2028
Exhibit 49: Chart on Natural abrasive - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Data Table on Natural abrasive - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Chart on Natural abrasive - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Natural abrasive - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Material
Exhibit 53: Market opportunity by Material ($ million)
Exhibit 54: Data Table on Market opportunity by Material ($ million)
8 Market Segmentation by End-user
8.1 Market segments
Exhibit 55: Chart on End-user - Market share 2023-2028 (%)
Exhibit 56: Data Table on End-user - Market share 2023-2028 (%)
8.2 Comparison by End-user
Exhibit 57: Chart on Comparison by End-user
Exhibit 58: Data Table on Comparison by End-user
8.3 Automotive and transportation - Market size and forecast 2023-2028
Exhibit 59: Chart on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
Exhibit 60: Data Table on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Chart on Automotive and transportation - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Automotive and transportation - Year-over-year growth 2023-2028 (%)
8.4 Machinery - Market size and forecast 2023-2028
Exhibit 63: Chart on Machinery - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on Machinery - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on Machinery - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Machinery - Year-over-year growth 2023-2028 (%)
8.5 Metal fabrication - Market size and forecast 2023-2028
Exhibit 67: Chart on Metal fabrication - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on Metal fabrication - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on Metal fabrication - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Metal fabrication - Year-over-year growth 2023-2028 (%)
8.6 Electrical and electronic equipment - Market size and forecast 2023-2028
Exhibit 71: Chart on Electrical and electronic equipment - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Electrical and electronic equipment - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Electrical and electronic equipment - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Electrical and electronic equipment - Year-over-year growth 2023-2028 (%)
8.7 Others - Market size and forecast 2023-2028
Exhibit 75: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Others - Year-over-year growth 2023-2028 (%)
8.8 Market opportunity by End-user
Exhibit 79: Market opportunity by End-user ($ million)
Exhibit 80: Data Table on Market opportunity by End-user ($ million)
9 Customer Landscape
9.1 Customer landscape overview
Exhibit 81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 82: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 83: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 84: Overview on factors of disruption
11.4 Industry risks
Exhibit 85: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 86: Vendors covered
12.2 Market positioning of vendors
Exhibit 87: Matrix on vendor position and classification
12.3 3M Co.
Exhibit 88: 3M Co. - Overview
Exhibit 89: 3M Co. - Business segments
Exhibit 90: 3M Co. - Key news
Exhibit 91: 3M Co. - Key offerings
Exhibit 92: 3M Co. - Segment focus
12.4 Asahi Diamond Industrial Co. Ltd.
Exhibit 93: Asahi Diamond Industrial Co. Ltd. - Overview
Exhibit 94: Asahi Diamond Industrial Co. Ltd. - Product / Service
Exhibit 95: Asahi Diamond Industrial Co. Ltd. - Key offerings
12.5 Compagnie de Saint Gobain
Exhibit 96: Compagnie de Saint Gobain - Overview
Exhibit 97: Compagnie de Saint Gobain - Business segments
Exhibit 98: Compagnie de Saint Gobain - Key news
Exhibit 99: Compagnie de Saint Gobain - Key offerings
Exhibit 100: Compagnie de Saint Gobain - Segment focus
12.6 Innogrind Vietnam Co. Ltd.
Exhibit 101: Innogrind Vietnam Co. Ltd. - Overview
Exhibit 102: Innogrind Vietnam Co. Ltd. - Product / Service
Exhibit 103: Innogrind Vietnam Co. Ltd. - Key offerings
12.7 Murugappa Group
Exhibit 104: Murugappa Group - Overview
Exhibit 105: Murugappa Group - Product / Service
Exhibit 106: Murugappa Group - Key offerings
12.8 Robert Bosch GmbH
Exhibit 107: Robert Bosch GmbH - Overview
Exhibit 108: Robert Bosch GmbH - Business segments
Exhibit 109: Robert Bosch GmbH - Key news
Exhibit 110: Robert Bosch GmbH - Key offerings
Exhibit 111: Robert Bosch GmbH - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 112: Inclusions checklist
Exhibit 113: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 114: Currency conversion rates for US$
13.4 Research methodology
Exhibit 115: Research methodology
Exhibit 116: Validation techniques employed for market sizing
Exhibit 117: Information sources
13.5 List of abbreviations
Exhibit 118: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Material
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Vendor Market Positioning
Exhibits 8: Parent market
Exhibits 9: Market Characteristics
Exhibits 10: Offerings of vendors included in the market definition
Exhibits 11: Market segments
Exhibits 12: Chart on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibits 13: Data Table on Vietnam - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Chart on Vietnam: Year-over-year growth 2023-2028 (%)
Exhibits 15: Data Table on Vietnam: Year-over-year growth 2023-2028 (%)
Exhibits 16: Historic Market Size - Data Table on bonded and super abrasive market in Vietnam 2018 - 2022 ($ million)
Exhibits 17: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Material Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Type - Market share 2023-2028 (%)
Exhibits 28: Data Table on Type - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Type
Exhibits 30: Data Table on Comparison by Type
Exhibits 31: Chart on Bonded abrasive - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Bonded abrasive - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Bonded abrasive - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Bonded abrasive - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Super abrasive - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Super abrasive - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Super abrasive - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Super abrasive - Year-over-year growth 2023-2028 (%)
Exhibits 39: Market opportunity by Type ($ million)
Exhibits 40: Data Table on Market opportunity by Type ($ million)
Exhibits 41: Chart on Material - Market share 2023-2028 (%)
Exhibits 42: Data Table on Material - Market share 2023-2028 (%)
Exhibits 43: Chart on Comparison by Material
Exhibits 44: Data Table on Comparison by Material
Exhibits 45: Chart on Synthetic abrasive - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Data Table on Synthetic abrasive - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Chart on Synthetic abrasive - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on Synthetic abrasive - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Natural abrasive - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Natural abrasive - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Natural abrasive - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Natural abrasive - Year-over-year growth 2023-2028 (%)
Exhibits 53: Market opportunity by Material ($ million)
Exhibits 54: Data Table on Market opportunity by Material ($ million)
Exhibits 55: Chart on End-user - Market share 2023-2028 (%)
Exhibits 56: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 57: Chart on Comparison by End-user
Exhibits 58: Data Table on Comparison by End-user
Exhibits 59: Chart on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Data Table on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Chart on Automotive and transportation - Year-over-year growth 2023-2028 (%)
Exhibits 62: Data Table on Automotive and transportation - Year-over-year growth 2023-2028 (%)
Exhibits 63: Chart on Machinery - Market size and forecast 2023-2028 ($ million)
Exhibits 64: Data Table on Machinery - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Chart on Machinery - Year-over-year growth 2023-2028 (%)
Exhibits 66: Data Table on Machinery - Year-over-year growth 2023-2028 (%)
Exhibits 67: Chart on Metal fabrication - Market size and forecast 2023-2028 ($ million)
Exhibits 68: Data Table on Metal fabrication - Market size and forecast 2023-2028 ($ million)
Exhibits 69: Chart on Metal fabrication - Year-over-year growth 2023-2028 (%)
Exhibits 70: Data Table on Metal fabrication - Year-over-year growth 2023-2028 (%)
Exhibits 71: Chart on Electrical and electronic equipment - Market size and forecast 2023-2028 ($ million)
Exhibits 72: Data Table on Electrical and electronic equipment - Market size and forecast 2023-2028 ($ million)
Exhibits 73: Chart on Electrical and electronic equipment - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on Electrical and electronic equipment - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 76: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 79: Market opportunity by End-user ($ million)
Exhibits 80: Data Table on Market opportunity by End-user ($ million)
Exhibits 81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 82: Impact of drivers and challenges in 2023 and 2028
Exhibits 83: Overview on Criticality of inputs and Factors of differentiation
Exhibits 84: Overview on factors of disruption
Exhibits 85: Impact of key risks on business
Exhibits 86: Vendors covered
Exhibits 87: Matrix on vendor position and classification
Exhibits 88: 3M Co. - Overview
Exhibits 89: 3M Co. - Business segments
Exhibits 90: 3M Co. - Key news
Exhibits 91: 3M Co. - Key offerings
Exhibits 92: 3M Co. - Segment focus
Exhibits 93: Asahi Diamond Industrial Co. Ltd. - Overview
Exhibits 94: Asahi Diamond Industrial Co. Ltd. - Product / Service
Exhibits 95: Asahi Diamond Industrial Co. Ltd. - Key offerings
Exhibits 96: Compagnie de Saint Gobain - Overview
Exhibits 97: Compagnie de Saint Gobain - Business segments
Exhibits 98: Compagnie de Saint Gobain - Key news
Exhibits 99: Compagnie de Saint Gobain - Key offerings
Exhibits 100: Compagnie de Saint Gobain - Segment focus
Exhibits 101: Innogrind Vietnam Co. Ltd. - Overview
Exhibits 102: Innogrind Vietnam Co. Ltd. - Product / Service
Exhibits 103: Innogrind Vietnam Co. Ltd. - Key offerings
Exhibits 104: Murugappa Group - Overview
Exhibits 105: Murugappa Group - Product / Service
Exhibits 106: Murugappa Group - Key offerings
Exhibits 107: Robert Bosch GmbH - Overview
Exhibits 108: Robert Bosch GmbH - Business segments
Exhibits 109: Robert Bosch GmbH - Key news
Exhibits 110: Robert Bosch GmbH - Key offerings
Exhibits 111: Robert Bosch GmbH - Segment focus
Exhibits 112: Inclusions checklist
Exhibits 113: Exclusions checklist
Exhibits 114: Currency conversion rates for US$
Exhibits 115: Research methodology
Exhibits 116: Validation techniques employed for market sizing
Exhibits 117: Information sources
Exhibits 118: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the bonded and super abrasive market in Vietnam: 3M Co., Asahi Diamond Industrial Co. Ltd., Compagnie de Saint Gobain, Innogrind Vietnam Co. Ltd., Murugappa Group, and Robert Bosch GmbH.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased use of bonded and super abrasives for metal fabrication.'

According to the report, one of the major drivers for this market is the growing automotive sector.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 3M Co.
  • Asahi Diamond Industrial Co. Ltd.
  • Compagnie de Saint Gobain
  • Innogrind Vietnam Co. Ltd.
  • Murugappa Group
  • Robert Bosch GmbH