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

Description

List of Tables

Global Metal Abrasives Market is valued approximately USD 6. billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.8% over the forecast period 2023-2030. Metal Abrasives is a versatile abrasive that may be used on a variety of metals. Metal surfaces are also shaped, polished, and cleaned using hard and sharp materials. They are widely utilized in a variety of industries such as automotive, aerospace, construction, and manufacturing. Metal abrasives can help to improve the quality and durability of metal items. The use of abrasives in gear manufacturing can enhance wear resistance, reduce noise, and extend longevity. It may also be used to produce a wide range of surface qualities, from matte to highly polished. The ultimate surface polish is also affected by the size and form of the abrasive particles. Finishing and polishing are done using fine-grit abrasives, whereas roughing is done with coarse-grit abrasives. Precision manufacturing and high-quality materials are widely used in aerospace to make aircraft components that fulfill stringent safety and performance criteria. Metal abrasives are used to maintain the performance and lifespan of metal surfaces by grinding, polishing, and shaping them. The automotive industry's moderate to high demand is expected to boost the market. Furthermore, ongoing investments in machinery and equipment production plants are expected to increase demand for metal abrasives during the projection period.

An increase in demand for the aerospace industry drives the growth of the metal abrasives market during the forecast period. According to the AIA, A&D industry exports would increase by 11.2 percent in 2022 to a total value of $100.4 billion in 2021. Furthermore, the A&D business contributed $391 billion in economic value, accounting for 1.7 percent of total nominal GDP in the United States also According to the IBEF in 2020, Domestic air travel demand continued to rise in October 2020, with a 33% increase (over September) to 52 lakh passengers. Soon after domestic flights started on May 25, 2020, the Ministry of Civil Aviation approved an increase in capacity to 45% from one-third in June 2020. It will rise to 60% on September 2, 2020. With the holiday season approaching, the government anticipates capacity increasing to 75%. Additionally, Technological advancements in manufacturing metal abrasives, rapid industrialization, and increasing manufacturing activities are opening up new opportunities. However, the environmental impact of Metal Abrasives stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Metal Abrasives Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to high-volume die-cast component manufacture, aided by car production, is expected to drive demand for metal abrasives in the region in the coming years. For example, in May 2022, Maruti Suzuki India Limited plans to build a production facility in Haryana, India, to produce 250,000 automobiles per year. The investment is approximately USD 1.42 billion, and the business expects to produce its first vehicle by 2025. North America is expected to grow significantly during the forecast period, owing to increasing lack of money for the establishment of machinery and equipment manufacturing centres in the nation. For example, Siemens agreed in June 2022 to invest USD 54.0 million in the production of electrical infrastructure and EV charging devices its numerous production plants across the United States.

Major market player included in this report are:

Ervin Industries
Camel Grinding Wheels Works Sarid Ltd
Saint Gobain
W Abrasives
Metaltec Steel Abrasive Co.
Air Blast-Abrasives B.V.
3M Company
Noritake Co., Ltd.
KLINGSPOR Abrasives, Inc.
Finishing Systems, Inc.

Recent Developments in the Market:

In May 2022, Hyundai Motor Group (the Group) announced that it has reached a deal with the State of Georgia to construct its first U.S. facilities specifically for the production of full electric vehicles and batteries. The Group's decision to invest in the US will help it achieve its objective of dominating the market for electric transportation there. The Group's dedication to sustainability via electrification and to bolstering the economies of the countries in which it works are also highlighted.

Global Metal 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: Type, Material type, End Use, 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 Type:

Coated Abrasives
Bonded Abrasives
Super Abrasives

By Material Type:

Synthetic
Natural

By End Use:

Automotive
Metalworking
Building and Construction
Machinery and Equipment
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. Metal Abrasives Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Metal Abrasives Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Metal Abrasives Market, by Material Type, 2020-2030 (USD Billion)
- 1.2.4. Metal Abrasives Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Metal 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 Metal Abrasives Market Dynamics

3.1. Metal Abrasives Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for aerospace industry
  - 3.1.1.2. Growing automotive industry
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Metal Abrasives
  - 3.1.2.2. Lack of raw material
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in Technology
  - 3.1.3.2. Rapid industrialization and increasing manufacturing activities

Chapter 4. Global Metal 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 Metal Abrasives Market, by Type

5.1. Market Snapshot
5.2. Global Metal Abrasives Market by Type, Performance - Potential Analysis
5.3. Global Metal Abrasives Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Metal Abrasives Market, Sub Segment Analysis
- 5.4.1. Rapid Coated Abrasives
- 5.4.2. Bonded Abrasives
- 5.4.3. Super Abrasives

Chapter 6. Global Metal Abrasives Market, by Material Type

6.1. Market Snapshot
6.2. Global Metal Abrasives Market by Material Type, Performance - Potential Analysis
6.3. Global Metal Abrasives Market Estimates & Forecasts by Material Type 2020-2030 (USD Billion)
6.4. Metal Abrasives Market, Sub Segment Analysis
- 6.4.1. Synthetic
- 6.4.2. Natural

Chapter 7. Global Metal Abrasives Market, by End Use

7.1. Market Snapshot
7.2. Global Metal Abrasives Market by End Use, Performance - Potential Analysis
7.3. Global Metal Abrasives Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4. Metal Abrasives Market, Sub Segment Analysis
- 7.4.1. Automotive
- 7.4.2. Metalworking
- 7.4.3. Building and Construction
- 7.4.4. Machinery and Equipment
- 7.4.5. Other

Chapter 8. Global Metal Abrasives Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Metal Abrasives Market, Regional Market Snapshot
8.4. North America Metal Abrasives Market
- 8.4.1. U.S. Metal Abrasives Market
  - 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Material Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End Use breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Metal Abrasives Market
8.5. Europe Metal Abrasives Market Snapshot
- 8.5.1. U.K. Metal Abrasives Market
- 8.5.2. Germany Metal Abrasives Market
- 8.5.3. France Metal Abrasives Market
- 8.5.4. Spain Metal Abrasives Market
- 8.5.5. Italy Metal Abrasives Market
- 8.5.6. Rest of Europe Metal Abrasives Market
8.6. Asia-Pacific Metal Abrasives Market Snapshot
- 8.6.1. China Metal Abrasives Market
- 8.6.2. India Metal Abrasives Market
- 8.6.3. Japan Metal Abrasives Market
- 8.6.4. Australia Metal Abrasives Market
- 8.6.5. South Korea Metal Abrasives Market
- 8.6.6. Rest of Asia Pacific Metal Abrasives Market
8.7. Latin America Metal Abrasives Market Snapshot
- 8.7.1. Brazil Metal Abrasives Market
- 8.7.2. Mexico Metal Abrasives Market
8.8. Middle East & Africa Metal Abrasives Market
- 8.8.1. Saudi Arabia Metal Abrasives Market
- 8.8.2. South Africa Metal Abrasives Market
- 8.8.3. Rest of Middle East & Africa Metal 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. Ervin Industries
  - 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. Camel Grinding Wheels Works Sarid Ltd
- 9.3.3. Saint Gobain
- 9.3.4. W Abrasives
- 9.3.5. Metaltec Steel Abrasive Co.
- 9.3.6. Air Blast-Abrasives B.V.
- 9.3.7. 3M Company
- 9.3.8. Noritake Co., Ltd.
- 9.3.9. KLINGSPOR Abrasives, Inc.
- 9.3.10. Finishing Systems, Inc.

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

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

LIST OF FIGURES

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