Global Abrasives Market Size study & Forecast, by Material, Type, End-User Industry and Regional Analysis, 2023-2030

Description

List of Tables

Global Abrasives Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2023-2030. Abrasives are hard materials that are used to shape or finish a workpiece in a variety of industrial, home, and technology applications. Alumina, silicon carbide, synthetic diamond, and corundum are only a few examples of synthetic abrasives. Natural abrasives include corundum, garnet, emery, and pumice. Additionally, abrasives might be coated or bonded. A matrix, which is often referred to as a binder, holds bonded abrasives in place. Coated abrasives are attached to a backing material such as paper, cloth, resin, polyester, or metal, whereas uncoated abrasives are frequently formed of rubber, clay, resin, or glass. The market is driven by significant factors such as expanding usage of abrasives in the construction and automotive sector and rising demand from various end-use industries.

The Infrastructure and Project Monitoring Division of the Ministry of Statistics and Program Implementation reports that as of May 2022, there were 1,559 government projects in the works, with a total estimated value of INR 26.7 trillion (about USD 326 billion). The Indian construction sector is expected to expand at a 6.2% annual pace from 2023 to 2026 as a result of a robust pipeline of infrastructure projects across several industries. In addition, the country's events are projected to spur considerable growth in the building sector in Japan. The Olympics were held in Tokyo in 2021, and the World Expo will be held in Osaka in 2025. The demand for abrasives in the construction industry is driven by the need for reconstruction and rebuilding following natural disasters in Japan. Moreover, Growth in the electric vehicles (EVs) industry and Growth in the manufacturing sector in developing economies of Asia enhance market opportunities in the upcoming years. However, stringent Regulations on the Usage of Silica Abrasives stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Abrasives Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is also a leading region in the Abrasive Market. The growth in this region is driven by the increasing demand for abrasives in the automotive and construction industries, which are some of the largest end-users of abrasives. On the other side, the Asia-Pacific region is the fastest-growing region in the Abrasive Market. This growth can be attributed to the increasing demand for abrasives in various industries such as automotive, construction, and electronics, among others

Major market players included in this report are:

Saint-Gobain
3M
Abrasive Technology LLC
DEWALT
ARC Abrasives Inc.
Asahi Diamond Industrial Co. Ltd
Fujimi Incorporated
CUMI
Noritake Co. Limited
Pan Abrasives

Recent Developments in the Market:

June 2022, 3M announced that it had acquired Diamond Productions Inc. The business produces CBN (cubic boron nitride) wheels, ultra-abrasive diamonds, and equipment for dimensioning and finishing complicated-to-grind materials.
Saint-Gobain Abrasives opened a new applications center in June 2022 to aid metal fabricators with their abrasive difficulties and grow their abrasives business.

Global Abrasives Market Report Scope:

Historical Data: - 2020 - 2021
Base Year for Estimation: - 2022
Forecast period: - 2023-2030
Report Coverage: - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: - Material, Type, End User Industry, Region
Regional Scope: - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Material:

Natural Abrasives
Synthetic Abrasives

By Type:

Bonded Abrasives
Coated Abrasives
Loose Abrasives Grains
Super Abrasives

By End User Industry:

Metal Manufacturing
Electronics
Construction
Automotive and Aerospace
Medical
Oil and Gas
Other

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Abrasives Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Abrasives Market, by Material, 2020-2030 (USD Billion)
- 1.2.3. Abrasives Market, by Type, 2020-2030 (USD Billion)
- 1.2.4. Abrasives Market, by End User Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Abrasives Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Abrasives Market Dynamics

3.1. Abrasives Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Expanding usage of abrasives in the construction and automotive sector
  - 3.1.1.2. Rising demand from various end-use industries
- 3.1.2. Market Challenges
  - 3.1.2.1. Stringent Regulations on Usage of Silica Abrasives
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growth in the electric vehicles (EVs) industry
  - 3.1.3.2. Growth in the manufacturing sector in developing economies of Asia

Chapter 4. Global Abrasives Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Abrasives Market, by Material

5.1. Market Snapshot
5.2. Global Abrasives Market by Material, Performance - Potential Analysis
5.3. Global Abrasives Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
5.4. Abrasives Market, Sub Segment Analysis
- 5.4.1. Natural Abrasives
- 5.4.2. Synthetic Abrasives

Chapter 6. Global Abrasives Market, by Type

6.1. Market Snapshot
6.2. Global Abrasives Market by Type, Performance - Potential Analysis
6.3. Global Abrasives Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
6.4. Abrasives Market, Sub Segment Analysis
- 6.4.1. Bonded Abrasives
- 6.4.2. Coated Abrasives
- 6.4.3. Loose Abrasives Grains
- 6.4.4. Super Abrasives

Chapter 7. Global Abrasives Market, by End User Industry

7.1. Market Snapshot
7.2. Global Abrasives Market by End User Industry, Performance - Potential Analysis
7.3. Global Abrasives Market Estimates & Forecasts by End User Industry 2020-2030 (USD Billion)
7.4. Abrasives Market, Sub Segment Analysis
- 7.4.1. Metal Manufacturing
- 7.4.2. Electronics
- 7.4.3. Construction
- 7.4.4. Automotive and Aerospace
- 7.4.5. Medical
- 7.4.6. Oil and Gas
- 7.4.7. Other

Chapter 8. Global Abrasives Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Abrasives Market, Regional Market Snapshot
8.4. North America Abrasives Market
- 8.4.1. U.S. Abrasives Market
  - 8.4.1.1. Material breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End User Industry breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Abrasives Market
8.5. Europe Abrasives Market Snapshot
- 8.5.1. U.K. Abrasives Market
- 8.5.2. Germany Abrasives Market
- 8.5.3. France Abrasives Market
- 8.5.4. Spain Abrasives Market
- 8.5.5. Italy Abrasives Market
- 8.5.6. Rest of Europe Abrasives Market
8.6. Asia-Pacific Abrasives Market Snapshot
- 8.6.1. China Abrasives Market
- 8.6.2. India Abrasives Market
- 8.6.3. Japan Abrasives Market
- 8.6.4. Australia Abrasives Market
- 8.6.5. South Korea Abrasives Market
- 8.6.6. Rest of Asia Pacific Abrasives Market
8.7. Latin America Abrasives Market Snapshot
- 8.7.1. Brazil Abrasives Market
- 8.7.2. Mexico Abrasives Market
8.8. Middle East & Africa Abrasives Market
- 8.8.1. Saudi Arabia Abrasives Market
- 8.8.2. South Africa Abrasives Market
- 8.8.3. Rest of Middle East & Africa Abrasives Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Saint-Gobain
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. 3M
- 9.3.3. Abrasive Technology LLC
- 9.3.4. DEWALT
- 9.3.5. ARC Abrasives Inc.
- 9.3.6. Asahi Diamond Industrial Co. Ltd
- 9.3.7. Fujimi Incorporated
- 9.3.8. CUMI
- 9.3.9. Noritake Co. Limited
- 9.3.10. Pan Abrasives

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Abrasives Market, report scope
TABLE 2. Global Abrasives Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Abrasives Market estimates & forecasts by Material 2020-2030 (USD Billion)
TABLE 4. Global Abrasives Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 5. Global Abrasives Market estimates & forecasts by End User Industry 2020-2030 (USD Billion)
TABLE 6. Global Abrasives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Abrasives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Abrasives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Abrasives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Abrasives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Abrasives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Abrasives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Abrasives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Abrasives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Abrasives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Abrasives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Abrasives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Abrasives Market
TABLE 71. List of primary sources, used in the study of global Abrasives Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Abrasives Market, research methodology
FIG 2. Global Abrasives Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Abrasives Market, key trends 2022
FIG 5. Global Abrasives Market, growth prospects 2023-2030
FIG 6. Global Abrasives Market, porters 5 force model
FIG 7. Global Abrasives Market, pest analysis
FIG 8. Global Abrasives Market, value chain analysis
FIG 9. Global Abrasives Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Abrasives Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Abrasives Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Abrasives Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Abrasives Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Abrasives Market, regional snapshot 2020 & 2030
FIG 15. North America Abrasives Market 2020 & 2030 (USD Billion)
FIG 16. Europe Abrasives Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Abrasives Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Abrasives Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Abrasives Market 2020 & 2030 (USD Billion)