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PUBLISHER: Grand View Research | PRODUCT CODE: 1751589
PUBLISHER: Grand View Research | PRODUCT CODE: 1751589
Metal Abrasives Market Size, Share & Trends Analysis Report By Material (Steel, Others), By Application (Automotive, Metalworking, Construction, Machinery & Equipment), By Region, And Segment Forecasts, 2025 - 2030
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Metal Abrasives Market Growth & Trends:
The global metal abrasives market size is estimated to reach USD 8.76 billion by 2030, registering to grow at a CAGR of 5.4% from 2025 to 2030 according to a new report by Grand View Research, Inc. High volume production of casting and forging parts is anticipated to augment demand for the product from 2022 to 2030.
Investment in industries such as forging, die casting, and investment casting is likely to benefit the demand for metal abrasives such as steel shots & grits, which are used in the surface preparation process. For instance, in April 2022, India-based forging manufacturer Good luck India announced an investment of USD 25.0 million (INR 2,000 Crore) to expand its production capacity and improve its capabilities during the next 2-3 years. Reportedly, the company installed a new press for forging unit in 2021 at its Ghaziabad plant, which is anticipated to boost production and reduce manual intervention.
Investments in electric vehicle facilities are anticipated to benefit the demand for metal abrasives such as steel shots & grits. For instance, in March 2022, Triton Electric Vehicle, an EV manufacturing company, decided to set up a production facility in Gujarat, India. The facility will be spread over an area of 600 acres and will be 3 million square feet. The company is planning to manufacture SUVs, electric cars, and pickup trucks in the facility.
In addition, metal abrasives find applications in the metalworking industry such as aluminum die casting, forging, etc. Rising investments in the metalworking industry are anticipated to augment the market growth during the forecast period. For instance, in December 2021, General Motors decided to invest USD 51.0 million in installing equipment at its foundry in Indiana, U.S.A. The foundry produces casting parts for the company's Chevrolet Silverado EV.
Asia Pacific held the largest revenue share in 2021 and the trend is likely to continue during the coming years owing to rising demand for the components from the metalworking sector. Metal forged parts are widely used in various industries and these parts require metal abrasives for cleaning, grinding, and polishing purposes. Investments and mergers & acquisitions in the forging industry are projected to benefit the market growth. For instance, Bharat Forge, a leading forging company in India acquired Sanghvi Forging & Engineering Ltd. in June 2021.
The market is competitive, and the large, as well as small players, engage in various strategies including joint ventures, capacity expansion, and mergers & acquisitions to stay profitable in the business. For instance, in April 2022, VSM Abrasives invested an undisclosed amount in the expansion of its manufacturing plant in O'Fallon, Missouri, U.S.A.
Metal Abrasives Market Report Highlights:
- Based on material, steel abrasive held the highest revenue share in 2024 and this trend is expected to continue throughout the forecast period. Steel abrasives are widely used in various end-user industries including construction, automotive, and metallurgy.
- Based on application, metalworking accounted for the share of more than 47.0% in 2024, and this trend is expected to continue throughout the forecast period, thereby increasing the utilization of metal abrasives for die casting, investment casting, forging, etc.
- The rising production capacity of the foundries by the manufacturers is expected to boost demand for metal abrasives throughout the forecast period. For instance, in February 2021, Waupaca Foundry was acquired by Victaulic, which increased the production capacity of Victaulic by 70.0% in 2021.
- Based on region, in 2024, Asia Pacific was the largest regional market with a share of 55.0% in the global metal abrasives market. Rising investments in the metalworking industry and automotive production plants are anticipated to augment the market growth in the region, from 2025 to 2030.
Product Code: GVR-4-68039-968-7
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Abrasives Market
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Technology Trends
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Trends
- 3.4.3.1. Macroeconomic Outlook
- 3.4.3.2. ESG Analysis
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of Substitution
- 3.5.4. Threat of New Entrants
- 3.5.5. Competitive Rivalry
- 3.6. PESTLE Analysis
- 3.6.1. Political
- 3.6.2. Economic
- 3.6.3. Social Landscape
- 3.6.4. Technology
- 3.6.5. Environmental
- 3.6.6. Legal
Chapter 4. Metal Abrasives Market: Material Estimates & Trend Analysis
- 4.1. Definition & Scope
- 4.2. Material Movement Analysis & Market Share, 2024 & 2030
- 4.3. Steel
- 4.3.1. Metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Others
- 4.4.1. Metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Metal Abrasives Market: Application Estimates & Trend Analysis
- 5.1. Definition & Scope
- 5.2. Application Movement Analysis & Market Share, 2024 & 2030
- 5.3. Automotive
- 5.3.1. Metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Metalworking
- 5.4.1. Metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5. Machinery & Equipment
- 5.5.1. Metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6. Construction
- 5.6.1. Metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Metal Abrasives Market: Regional Estimates & Trend Analysis
- 6.1. Definition & Scope
- 6.2. Regional Analysis, 2024 & 2030
- 6.3. North America
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.3.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.3.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.3.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.3.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4. Europe
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.4. Germany
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.4.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.5. UK
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.6. France
- 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.7. Russia
- 6.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.7.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.4.7.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.8. Italy
- 6.4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.8.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.4.8.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5.4. China
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5.5. Japan
- 6.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.5.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5.6. India
- 6.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.5.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5.7. Australia
- 6.5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.7.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.5.7.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.6. Central & South America
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.6.4. Brazil
- 6.6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.4.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.7.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.7.4. South Africa
- 6.7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.4.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 6.7.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Kraljic Matrix
- 7.3. Company Categorization
- 7.4. Heat Map Analysis
- 7.5. Vendor Landscape
- 7.5.1. List of Raw Material Suppliers
- 7.5.2. List of Distributors/Suppliers
- 7.6. List of Prospective End-Users
Chapter 8. Company Profiles/Listing
- 8.1. Abrasives Inc.
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Strategic Initiatives
- 8.2. Vulkan INOX GmbH
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Strategic Initiatives
- 8.3. Abrasive Shot
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Strategic Initiatives
- 8.4. 3M India Ltd.
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Strategic Initiatives
- 8.5. Macro Group International
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Strategic Initiatives
- 8.6. Metaltec Steel Abrasive
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Strategic Initiatives
- 8.7. W Abrasives
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Strategic Initiatives
- 8.8. Grind well Norton Ltd
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Strategic Initiatives
- 8.9. Silcal Metallurgic Ltd.
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Strategic Initiatives
- 8.10. Ervin Industries
- 8.10.1. Company Overview
- 8.10.2. Financial Performance
- 8.10.3. Product Benchmarking
- 8.10.4. Strategic Initiatives
Product Code: GVR-4-68039-968-7
List of Tables
- TABLE 1 Metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 2 Steel abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 3 Other metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 4 Metal abrasives market estimates and forecasts, in automotive, 2018 - 2030 (USD Million)
- TABLE 5 Metal abrasives market estimates and forecasts, in metalworking, 2018 - 2030 (USD Million)
- TABLE 6 Metal abrasives market estimates and forecasts, in machinery & equipment, 2018 - 2030 (USD Million)
- TABLE 7 Metal abrasives market estimates and forecasts, in construction, 2018 - 2030 (USD Million)
- TABLE 8 Metal abrasives market estimates and forecasts, in other applications, 2018 - 2030 (USD Million)
- TABLE 9 North America metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 10 North America metal abrasives market estimates and forecasts, by material, 2018- 2030(USD Million)
- TABLE 11 North America metal abrasives market estimates and forecasts, by application, 2018- 2030 (USD Million)
- TABLE 12 U.S. metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 13 U.S. metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 14 U.S. metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 15 Canada metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 16 Canada metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 17 Canada metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 18 Mexico metal abrasives market estimates and forecasts, 2018 -2030 (USD Million)
- TABLE 19 Mexico metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 20 Mexico metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 21 Europe metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 22 Europe metal abrasives market estimates and forecasts, by material, 2018- 2030 (USD Million)
- TABLE 23 Europe metal abrasives market estimates and forecasts, by application, 2018- 2030 (USD Million)
- TABLE 24 Germany metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 25 Germany metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 26 Germany metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 27 UK metal abrasives market estimates and forecasts, 2018 - 2030(USD Million)
- TABLE 28 UK metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 29 UK metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 30 France metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 31 France metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 32 France metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 33 Russia metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 34 Russia metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 35 Russia metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 36 Italy metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 37 Italy metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 38 Italy metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 39 Asia Pacific metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 40 Asia Pacific metal abrasives market estimates and forecasts, by material, 2018- 2030 (USD Million)
- TABLE 41 Asia Pacific metal abrasives market estimates and forecasts, by application, 2018- 2030 (USD Million)
- TABLE 42 China metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 43 China metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 44 China metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 45 Japan metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 46 Japan metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 47 Japan metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 48 India metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 49 India metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 50 India metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 51 Australia metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 52 Australia metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 53 Australia metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 54 Central & South America metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 55 Central & South America metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 56 Central & South America metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 57 Brazil metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 58 Brazil metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 59 Brazil metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 60 Middle East & Africa metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 61 Middle East & Africa metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 62 Middle East & Africa metal abrasives market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 63 South Africa metal abrasives market estimates and forecasts, 2018 - 2030 (USD Million)
- TABLE 64 South Africa metal abrasives market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 65 South Africa metal abrasives market estimates and forecasts, by application, 2018 - 2030
List of Figures
- FIG. 1 Market segmentation
- FIG. 2 Information procurement
- FIG. 3 Data analysis models
- FIG. 4 Market formulation and validation
- FIG. 5 Data validating & publishing
- FIG. 6 Market snapshot
- FIG. 7 Segmental outlook
- FIG. 8 Competitive outlook
- FIG. 9 Metal abrasives market outlook, 2018 - 2030 (USD Million)
- FIG. 10 Value chain analysis
- FIG. 11 Market dynamics
- FIG. 12 Porter's analysis
- FIG. 13 PESTEL analysis
- FIG. 14 Metal abrasives market, by material: Key takeaways
- FIG. 15 Metal abrasives market, by material: Market share, 2024 & 2030
- FIG. 16 Metal abrasives market, by application: Key takeaways
- FIG. 17 Metal abrasives market, by application: Market share, 2024 & 2030
- FIG. 18 Metal abrasives market: Regional analysis, 2024
- FIG. 19 Metal abrasives market, by region: Key takeaways
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