Abrasives Market Report 2026

The abrasives market size has grown strongly in recent years. It will grow from $50.05 billion in 2025 to $54.17 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to automotive production growth, expansion of machinery manufacturing, demand for metal fabrication, growth of construction activity, industrial equipment modernization.

The abrasives market size is expected to see strong growth in the next few years. It will grow to $72.37 billion in 2030 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to electric vehicle manufacturing, aerospace production expansion, electronics miniaturization, growth in precision engineering, demand for advanced materials processing. Major trends in the forecast period include rising demand for high-performance grinding materials, growth of precision surface finishing, increasing use of super abrasives, demand for longer tool life, expansion of multi-application abrasive products.

The expanding electric vehicle (EV) industry is anticipated to drive the growth of the abrasives market. Electric vehicles (EVs) utilize electric motors and are charged at electric stations rather than relying on internal combustion engines. This growth, along with the increasing need to develop a vast network of EV charging stations globally, highlights the sustained rise of electric cars, which is expected to continue well into the future. Consequently, the demand for stainless steel, and the abrasives required to finish it, for the construction of numerous EV charging stations is projected to increase for years to come. Stainless steel generally requires at least one abrasive treatment before it can be effectively used, with every weld involving a degree of grinding and polishing. For example, in April 2024, the International Energy Agency, a France-based intergovernmental organization, reported that nearly 14 million electric cars were sold globally in 2023, reflecting a 35% increase from 2022. Electric vehicles accounted for about 18% of all new car sales in 2023, compared to 14% in 2022. The total number of electric cars on the road reached 40 million by the end of 2023. Thus, the rise of the EV industry is fueling the growth of the abrasives market.

Leading companies in the abrasives market are prioritizing product innovations to boost their revenue streams. These innovations involve the creation of new abrasive materials, designs, or technologies that improve the efficiency and effectiveness of cutting, grinding, or polishing tasks. For example, in January 2023, Bosch Power Tools India, a company specializing in power tools for the construction, woodworking, and metalworking sectors, introduced the GWS 800 Professional Angle Grinder. This tool is tailored for various professionals such as fabricators, electricians, plumbers, masons, and carpenters, making it a versatile choice for construction sites. The GWS 800 Professional is designed to deliver high performance while meeting the specific needs of its users.

In September 2023, Summit Brands, a US-based consumer goods company, acquired US Pumice Company for an undisclosed amount. This strategic acquisition aligns with Summit Brands' commitment to delivering environmentally friendly and efficient cleaning solutions to clients and consumers. The acquisition is expected to expand Summit Brands' product selection, providing consumers with a broader range of cleaning options. US Pumice Company, operating in the abrasives sector, adds value to Summit Brands' portfolio.

Major companies operating in the abrasives market report are Robert Bosch GmbH, Minnesota Mining and Manufacturing Company, Saint-Gobain Abrasives Inc., Fujimi Incorporated, Henkel AG & CO. KGAA, Tyrolit India Tool Pvt. Ltd., Asahi Diamond Industrial Co. Ltd., Deerfos Co. Ltd., Carborundum Universal Limited, Nippon Resibon Corporation, Krebs & Riedel Schleifscheibenfabrik GmbH & Co. KG, Abrasiflex Pty Ltd., Noritake Co. Ltd., Sankyo-Rikagaku Co. Ltd., Sia Abrasives Industries AG, Jason Incorporated, Schaffner Manufacturing Company Inc., North Industries Group Red Arrow Co. Ltd., 3M Deutschland GmbH, SAK ABRASIVES Inc., ARC Abrasives Inc., Arconic Corporation, DowDuPont Inc., Fiven ASA, Henan Huanghe Whirlwind Co. Ltd., Hermes Schleifmittel GmbH & Co. KG, Imerys S. A, Jowitt & Rodgers Co., Klingspor AG, Grindwell Norton Ltd., Luossavaara-Kiirunavaara AktiebolagMinerals AB, Mirka Ltd., Pferd Pharmaceutical Private Limited, Suhner Holding AG, Vereinigte Schmirgel- und Maschinen-Fabriken AG., Wendt (India) Limited, WINOA IKK JAPAN Co. Ltd., Y. Ikemura & Co. Ltd., Zische Schleifwerkzeuge GmbH.

Asia-Pacific was the largest region in the abrasives market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the abrasives market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the abrasives market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The abrasives market consists of sales of paper, fabric, films, grinding wheels, and sand disks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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