Abrasive Market Size, Share, Analysis Report

Abrasive Market Size By Product (Coated, Bonded), By Application (Automotive & Transportation, Heavy Machinery, Metal Fabrication, Electrical & Electronics Equipment), (By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Abrasive Market is expected to be around US$ 61.4 Billion by 2027 at a CAGR of 4.7% in the given forecast period.

Purchase User License

MARKET SNAPSHOT

Major Players

  • Saint-Gobain Abrasives
  • Bosch
  • Henkel
  • Carborundum Universal Limited
  • Asahi Diamond Industrial Co. Ltd
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    4

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Abrasive Market is expected to be around US$ 61.4 Billion by 2027 at a CAGR of 4.7% in the given forecast period.

    Abrasives are hard materials that are used to shape or finish a workpiece in a variety of industrial, home, and technology applications. Natural abrasives, such as corundum, garnet, emery, and pumice, are classed as natural abrasives, whereas synthetic abrasives, such as silicon carbide, synthetic diamond, and alumina, are classed as synthetic abrasives. Furthermore, abrasives might be bonded or coated.

    Furthermore, a rigorous regulatory environment and a shift in consumer demand are two important factors driving the global abrasives market forward. Abrasives are used to finish automobiles by deburring, sizing engine parts, repairing and maintaining the body, cleaning, accessories, and the interiors of the vehicle.

    The global Abrasive market is segregated on the basis of Product as Coated, Bonded, and Others. Based on Application the global Abrasive market is segmented in Automotive & Transportation, Heavy Machinery, Metal Fabrication, Electrical & Electronics Equipment, and Others.

    The global Abrasive market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Abrasive market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Saint-Gobain Abrasives, Bosch, Henkel, Carborundum Universal Limited, Asahi Diamond Industrial Co. Ltd, DowDuPont, 3M, Tyrolit, Deerfos, Fujimi Incorporated, and others are among the major players in the global Abrasive market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Abrasive Market has been segmented as below:

    Abrasive Market, By Product

    • Coated
    • Bonded
    • Others

    Abrasive Market, By Application

    • Automotive & Transportation
    • Heavy Machinery
    • Metal Fabrication
    • Electrical & Electronics Equipment
    • Others

    Abrasive Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Abrasive Market, By Company

    • Saint-Gobain Abrasives
    • Bosch
    • Henkel
    • Carborundum Universal Limited
    • Asahi Diamond Industrial Co. Ltd
    • DowDuPont
    • 3M
    • Tyrolit
    • Deerfos
    • Fujimi Incorporated

    The report covers:

    • Global Abrasive Market sizes from 2021 to 2027, along with CAGR for 2021-2026
    • Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2021 to 2027
    • Global Abrasive market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Abrasive market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Abrasive market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Abrasive market share. Major industry players with significant revenue share include Saint-Gobain Abrasives, Bosch, Henkel, Carborundum Universal Limited, Asahi Diamond Industrial Co. Ltd, DowDuPont, 3M, Tyrolit, Deerfos, Fujimi Incorporated, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Abrasive industry trends
    • Find complete analysis on the market status
    • Identify the Abrasive market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Customization

    Customized report as per the requirement can be offered with appropriate recommendations

    1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
    2. Research Methodology
    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
    2.4.1 Secondary Research
    2.4.2 Primary Research
    2.4.3 Models for Estimation
    2.5 Market Size Estimation
    2.5.1 Bottom-Up Approach – Segmental Market Analysis
    2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview

    4.1 Introduction
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
    5. Abrasive Market, By Product
    5.1 Introduction
    5.2 Coated
    5.2.1 Market Overview
    5.2.2 Market Size and Forecast
    5.3 Bonded
    5.3.1 Market Overview
    5.3.2 Market Size and Forecast
    5.4 Others
    5.4.1 Market Overview
    5.4.2 Market Size and Forecast
    6. Abrasive Market, By Application
    6.1 Introduction
    6.2 Automotive & Transportation
    6.2.1 Market Overview
    6.2.2 Market Size and Forecast
    6.3 Heavy Machinery
    6.3.1 Market Overview
    6.3.2 Market Size and Forecast
    6.4 Metal Fabrication
    6.4.1 Market Overview
    6.4.2 Market Size and Forecast
    6.5 Electrical & Electronics Equipment
    6.5.1 Market Overview
    6.5.2 Market Size and Forecast
    6.6 Others
    6.6.1 Market Overview
    6.6.2 Market Size and Forecast
    7. Abrasive Market, By Geography
    7.1 Introduction
    7.2 North America
    7.2.1 North America Abrasive, By Product
    7.2.2 North America Abrasive, By Application
    7.3 Europe
    7.3.1 Europe Abrasive, By Product
    7.3.2 Europe Abrasive, By Application
    7.4 Asia-Pacific
    7.4.1 Asia-Pacific Abrasive, By Product
    7.4.2 Asia-Pacific Abrasive, By Application
    7.5 Rest of the World
    7.5.1 Rest of the World Abrasive, By Product
    7.5.2 Rest of the World Abrasive, By Application
    8. Competitive Insights
    8.1 Key Insights
    8.2 Company Market Share Analysis
    8.3 Strategic Outlook
    8.3.1 Mergers & Acquisitions
    8.3.2 New Product Development
    8.3.3 Portfolio/Production Capacity Expansions
    8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
    8.3.5 Others
    9. Company Profiles
    9.1 Saint-Gobain Abrasives
    9.1.1 Company Overview
    9.1.2 Product/Service Landscape
    9.1.3 Financial Overview
    9.1.4 Recent Developments
    9.2 Bosch
    9.2.1 Company Overview
    9.2.2 Product/Service Landscape
    9.2.3 Financial Overview
    9.2.4 Recent Developments
    9.3 Henkel
    9.3.1 Company Overview
    9.3.2 Product/Service Landscape
    9.3.3 Financial Overview
    9.3.4 Recent Developments
    9.4 Carborundum Universal Limited
    9.4.1 Company Overview
    9.4.2 Product/Service Landscape
    9.4.3 Financial Overview
    9.4.4 Recent Developments
    9.5 Asahi Diamond Industrial Co. Ltd
    9.5.1 Company Overview
    9.5.2 Product/Service Landscape
    9.5.3 Financial Overview
    9.5.4 Recent Developments
    9.6 DowDuPont
    9.6.1 Company Overview
    9.6.2 Product/Service Landscape
    9.6.3 Financial Overview
    9.6.4 Recent Developments
    9.7 3M
    9.7.1 Company Overview
    9.7.2 Product/Service Landscape
    9.7.3 Financial Overview
    9.7.4 Recent Developments
    9.8 Tyrolit
    9.8.1 Company Overview
    9.8.2 Product/Service Landscape
    9.8.3 Financial Overview
    9.8.4 Recent Developments
    9.9 Deerfos
    9.9.1 Company Overview
    9.9.2 Product/Service Landscape
    9.9.3 Financial Overview
    9.9.4 Recent Developments
    9.10 Fujimi Incorporated
    9.10.1 Company Overview
    9.10.2 Product/Service Landscape
    9.10.3 Financial Overview
    9.10.4 Recent Developments

    The Abrasive Market has been segmented as below:

    Abrasive Market, By Product

    • Coated
    • Bonded
    • Others

    Abrasive Market, By Application

    • Automotive & Transportation
    • Heavy Machinery
    • Metal Fabrication
    • Electrical & Electronics Equipment
    • Others

    Abrasive Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Abrasive Market, By Company

    • Saint-Gobain Abrasives
    • Bosch
    • Henkel
    • Carborundum Universal Limited
    • Asahi Diamond Industrial Co. Ltd
    • DowDuPont
    • 3M
    • Tyrolit
    • Deerfos
    • Fujimi Incorporated

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 4.7% during the study period (2022-2027)
    The Abrasive Market is expected to be around US$ 61.4 Billion by 2027
    The segment included in Abrasive Market is Product, Application and region.
    Some key players operating in the Abrasive Market include Saint-Gobain Abrasives, Bosch, Henkel, Carborundum Universal Limited, Asahi Diamond Industrial Co. Ltd, DowDuPont, 3M, Tyrolit, Deerfos, Fujimi Incorporated
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

    Related Reports