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Market Research Report

Abrasives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Published by IMARC Services Private Limited Product code 919633
Published Content info 107 Pages
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Abrasives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024
Published: December 10, 2019 Content info: 107 Pages
Description

The global abrasives market reached a value of US$ 41.2 Billion in 2018. Abrasives refer to mineral-based substances that are used for polishing, grinding and cleaning softer materials or hard surfaces. Abrasives are classified into natural variants, including corundum, emery and pumice, and synthetic variants, which include silicon carbide, synthetic diamond and ceramic iron oxide, etc. For industrial applications, abrasives are commonly used for de-flashing, paint removal, blast cleaning, tool sharpening and metal cleaning. They also aid in the removal of excess material, sizing and slicing, and are used for the manufacturing of intricate components or ultra-smooth surfaces for automobile, mechanical, electrical and aircraft parts.

The growing automotive industry across the globe is one of the key factors driving the growth of the market. Abrasives are extensively used in the manufacturing of automotive components, including mirrors, valve springs, fuel and de-aeration tanks, and in modifying operating parameters, such as minimizing carbon emissions and lowering the noise levels. Furthermore, the growing adoption of super-abrasives such as industrial diamonds for precision grinding and cutting of hard metals is also providing a boost to the market. Additionally, the rapid growth of the electronics and manufacturing industries in the emerging nations is acting as another growth-inducing factor. Abrasives are utilized to scrape the metal in small amounts to manufacture semiconductors and other electronic equipment with precision and consistency. Moreover, various product innovations, such as the development of polyester- and fabric-based abrasives for wooden products, along with advanced coated abrasives for metal fabrication, are further creating a positive outlook for the market. Looking forward, IMARC Group expects the market to reach a value of US$ 57.5 Billion by 2024, registering a CAGR of 5.6% during 2019-2024.

Report Coverage:

Historical, Current and Future Market Trends

Market Breakup by Product Type:

  • Bonded Abrasives
  • Coated Abrasives
  • Super-abrasives
  • Others

Market Breakup by End-Use:

  • Machinery
  • Metal Fabrication
  • Automotive
  • Electronics
  • Construction
  • Others

Market Breakup by Material Type:

  • Natural Abrasives
  • Synthetic Abrasives

Market Breakup by Region:

  • Asia Pacific
  • Europe
  • North America
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report has also analyzed the competitive landscape of the market with some of the key players being Robert Bosch GmbH, Dowdupont, Fujimi Incorporated, Compagnie De Saint-Gobain S.A., Henkel, 3M Company, Asahi Diamond Industrial, Carborundum Universal, Tyrolit Group, Nippon Resibon Corporation, Krebs & Riedel, Abrasiflex, Noritake, Deerfos, Sankyo-Rikagaku, etc.

Key Questions Answered in This Report:

  • How has the global abrasives market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global abrasives industry?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the material type?
  • What is the breakup of the market based on the end-use?
  • What are the various stages in the value chain of the global abrasives industry?
  • What are the key driving factors and challenges in the global abrasives industry?
  • What is the structure of the global abrasives industry and who are the key players?
  • What is the degree of competition in the global abrasives industry?
Table of Contents
Product Code: SR1019G79_Report

Table of Contents

1. Preface

2. Scope and Methodology

  • 2.1. Objectives of the Study
  • 2.2. Stakeholders
  • 2.3. Data Sources
    • 2.3.1. Primary Sources
    • 2.3.2. Secondary Sources
  • 2.4. Market Estimation
    • 2.4.1. Bottom-Up Approach
    • 2.4.2. Top-Down Approach
  • 2.5. Forecasting Methodology

3. Executive Summary

4. Introduction

  • 4.1. Overview
  • 4.2. Key Industry Trends

5. Global Abrasives Market

  • 5.1. Market Overview
  • 5.2. Market Performance
  • 5.3. Market Breakup by Product
  • 5.4. Market Breakup by End-Use
  • 5.5. Market Breakup by Material Type
  • 5.6. Market Breakup by Region
  • 5.7. Market Forecast

6. Market Breakup by Product

  • 6.1. Bonded Abrasives
    • 6.1.1. Market Trends
    • 6.1.2. Market Forecast
  • 6.2. Coated Abrasives
    • 6.2.1. Market Trends
    • 6.2.2. Market Forecast
  • 6.3. Super-abrasives
    • 6.3.1. Market Trends
    • 6.3.2. Market Forecast
  • 6.4. Others
    • 6.4.1. Market Trends
    • 6.4.2. Market Forecast

7. Market Breakup by End-Use

  • 7.1. Machinery
    • 7.1.1. Market Trends
    • 7.1.2. Market Forecast
  • 7.2. Metal Fabrication
    • 7.2.1. Market Trends
    • 7.2.2. Market Forecast
  • 7.3. Electronics
    • 7.3.1. Market Trends
    • 7.3.2. Market Forecast
  • 7.4. Others
    • 7.4.1. Market Trends
    • 7.4.2. Market Forecast

8. Market Breakup by Material Type

  • 8.1. Natural Abrasives
    • 8.1.1. Market Trends
    • 8.1.2. Market Forecast
  • 8.2. Synthetic Abrasives
    • 8.2.1. Market Trends
    • 8.2.2. Market Forecast

9. Market Breakup by Region

  • 9.1. Asia Pacific
    • 9.1.1. Market Trends
    • 9.1.2. Market Forecast
  • 9.2. Europe
    • 9.2.1. Market Trends
    • 9.2.2. Market Forecast
  • 9.3. North America
    • 9.3.1. Market Trends
    • 9.3.2. Market Forecast
  • 9.4. Middle East and Africa
    • 9.4.1. Market Trends
    • 9.4.2. Market Forecast
  • 9.5. Latin America
    • 9.5.1. Market Trends
    • 9.5.2. Market Forecast

10. SWOT Analysis

  • 10.1. Overview
  • 10.2. Strengths
  • 10.3. Weaknesses
  • 10.4. Opportunities
  • 10.5. Threats

12. Value Chain Analysis

13. Porter's Five Forces Analysis

  • 13.1. Overview
  • 13.2. Bargaining Power of Buyers
  • 13.3. Bargaining Power of Suppliers
  • 13.4. Degree of Competition
  • 13.5. Threat of New Entrants
  • 13.6. Threat of Substitutes

14. Price Analysis

  • 14.1. Key Price Indicators
  • 14.2. Price Structure
  • 14.3. Margin Analysis

15. Competitive Landscape

  • 15.1. Market Structure
  • 15.2. Key Players
  • 15.3. Profiles of Key Players
    • 15.3.1. Robert Bosch GmbH
    • 15.3.2. Dowdupont
    • 15.3.3. Fujimi Incorporated
    • 15.3.4. Compagnie De Saint-Gobain S.A.
    • 15.3.5. Henkel
    • 15.3.6. 3M Company
    • 15.3.7. Asahi Diamond Industrial
    • 15.3.8. Carborundum Universal
    • 15.3.9. Tyrolit Group
    • 15.3.10. Nippon Resibon Corporation
    • 15.3.11. Krebs & Riedel
    • 15.3.12. Abrasiflex
    • 15.3.13. Noritake
    • 15.3.14. Deerfos
    • 15.3.15. Sankyo-Rikagaku

List of Figures

  • Figure 1: Global: Abrasives Market: Major Drivers and Challenges
  • Figure 2: Global: Abrasives Market: Sales Value (in Billion US$), 2013-2018
  • Figure 3: Global: Abrasives Market: Breakup by Product Type (in %), 2018
  • Figure 4: Global: Abrasives Market: Breakup by End-Use (in %), 2018
  • Figure 5: Global: Abrasives Market: Breakup by Material Type (in %), 2018
  • Figure 6: Global: Abrasives Market: Breakup by Region (in %), 2018
  • Figure 7: Global: Abrasives Market Forecast: Sales Value (in Billion US$), 2019-2024
  • Figure 8: Global: Abrasives Industry: SWOT Analysis
  • Figure 9: Global: Abrasives Industry: Value Chain Analysis
  • Figure 10: Global: Abrasives Industry: Porter's Five Forces Analysis
  • Figure 11: Global: Abrasives (Bonded Abrasives) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 12: Global: Abrasives (Bonded Abrasives) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 13: Global: Abrasives (Coated Abrasives) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 14: Global: Abrasives (Coated Abrasives) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 15: Global: Abrasives (Super-abrasives) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 16: Global: Abrasives (Super-abrasives) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 17: Global: Abrasives (Other Types) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 18: Global: Abrasives (Other Types) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 19: Global: Abrasives (Machinery) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 20: Global: Abrasives (Machinery) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 21: Global: Abrasives (Metal Fabrication) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 22: Global: Abrasives (Metal Fabrication) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 23: Global: Abrasives (Transportation) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 24: Global: Abrasives (Transportation) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 25: Global: Abrasives (Electronics) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 26: Global: Abrasives (Electronics) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 27: Global: Abrasives (Other End-Users) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 28: Global: Abrasives (Other End-Users) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 29: Global: Abrasives (Natural Abrasives) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 30: Global: Abrasives (Natural Abrasives) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 31: Global: Abrasives (Synthetic Abrasives) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 32: Global: Abrasives (Synthetic Abrasives) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 33: Asia Pacific: Abrasives Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 34: Asia Pacific: Abrasives Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 35: Europe: Abrasives Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 36: Europe: Abrasives Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 37: North America: Abrasives Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 38: North America: Abrasives Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 39: Middle East and Africa: Abrasives Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 40: Middle East and Africa: Abrasives Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 41: Latin America: Abrasives Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 42: Latin America: Abrasives Market Forecast: Sales Value (in Million US$), 2019-2024

List of Tables

  • Table 1: Global: Abrasives Market: Key Industry Highlights, 2018 and 2024
  • Table 2: Global: Abrasives Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
  • Table 3: Global: Abrasives Market Forecast: Breakup by End-Use (in Million US$), 2019-2024
  • Table 4: Global: Abrasives Market Forecast: Breakup by Material Type (in Million US$), 2019-2024
  • Table 5: Global: Abrasives Market Forecast: Breakup by Region (in Million US$), 2019-2024
  • Table 6: Global: Abrasives Market Structure
  • Table 7: Global: Abrasives Market: Key Players
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