Abrasives Global Market Report 2021 - COVID-19 Growth and Change

Market Overview

The global Abrasives market size is estimated at 66.8 USD with a CAGR of 6.8% during the forecasted period from 2021-2028.

The key factor that fuels the growth of abrasive market ever increasing population and urbanization. This ultimately surges the construction activities demanding for abrasive products. In addition, the flourishing electronics and manufacturing industries is projected to the growth of abrasive market. Moreover, a rise in R&D activities by several companies can be a boon to the market size. Furthermore, increasing use of abrasives in automobile industry to reduce emission of carbon is positively influencing the market.

On the other hand, COVID-19 pandemic may pose a temporary threat to the market growth due to halt in various industrial operations. Also, unstable prices of raw materials as well as strict guidelines may obstruct the abrasive market growth.

Market Dynamics

Growing demand of metal fabrication industry, and robust demand from automobile, transportation, machinery, and electronics & electrical equipment industry are the major factors driving the growth of the global abrasives market. However, volatile costs of raw materials, and stringent regulations may limit the market from growing. Moreover, massive construction sector and manufacturing sectors in China and other Asian countries has generated significant demand for the use of abrasives, this factor is likely to gain significant impetus for the abrasives market share in the forthcoming years.

Market Segmentation

The study provides a crucial view of the abrasives by segmenting the market based on the type, material, end-user industry, and geography. The type segment includes bonded, coated, and superabrasives. Natural, and synthetic are the classification of the material segment. On the basis of end-user industry, the segment can be bifurcated into automotive, machinery, metal fabrication, electronic & electrical equipment, and others. Furthermore, geographical coverage has been offered for each of the major regions including North America, Asia-Pacific, Europe, Row, and South America.

Scope of the Global Abrasives Market

By Type

• Bonded
• Coated
• Superabrasives

By Material

• Natural
• Synthetic

By End-User Industry

• Automotive
• Machinery
• Metal Fabrication
• Electronic & Electrical Equipment
• Others

By Geography

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Korea
  • Rest of APAC
• South America
  • Brazil
  • Rest of South America
• Rest of the World
  • Middle East
  • Africa

TABLE OF CONTENTS

Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Market Scope

Chapter 2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Types

Chapter 3 Market Overview
3.1 Report Segmentation & Scope
3.2 Key Market Trends
3.2.1 Drivers
3.2.2 Restraints
3.2.3 Opportunities
3.3 Porter’s Five Forces Analysis
3.4 Market Share Analysis

Chapter 4 Global Abrasives Market by Type: Market Size and Forecast, 2018 – 2026
4.1 Introduction
4.1.1 Market Size and Forecast
4.2 Bonded
4.2.1 Market Size and Forecast
4.3 Coated
4.3.1 Market Size and Forecast
4.4 Superabrasives
4.4.1 Market Size and Forecast

Chapter 5 Global Abrasives Market by Material: Market Size and Forecast, 2018 – 2026
5.1 Introduction
5.1.1 Market Size and Forecast
5.2 Natural
5.2.1 Market Size and Forecast
5.3 Synthetic
5.3.1 Market Size and Forecast

Chapter 6 Global Abrasives Market by End-User Industry: Market Size and Forecast, 2018 – 2026
6.1 Introduction
6.1.1 Market Size and Forecast
6.2 Automotive
6.2.1 Market Size and Forecast
6.3 Machinery
6.3.1 Market Size and Forecast
6.4 Metal Fabrication
6.4.1 Market Size and Forecast
6.5 Electronic & Electrical Equipment
6.5.1 Market Size and Forecast
6.6 Others
6.6.1 Market Size and Forecast

Chapter 7 Global Abrasives Market by Geography: Market Size and Forecast, 2018 – 2026
7.1 Introduction
7.1.1 Market Size and Forecast
7.2 North America
7.2.1 North America Market Size & Forecast, By Country
7.2.2 North America Market Size & Forecast, By Type
7.2.3 North America Market Size & Forecast, By Material
7.2.4 North America Market Size & Forecast, By End-User Industry
7.2.5 The U.S.
7.2.5.1 Market Size and Forecast
7.2.6 Canada
7.2.6.1 Market Size and Forecast
7.2.7 Mexico
7.2.7.1 Market Size and Forecast
7.3 Europe
7.3.1 Europe Market Size and Forecast, By Country
7.3.2 Europe Market Size and Forecast, By Type
7.3.3 Europe Market Size and Forecast, By Material
7.3.4 Europe Market Size & Forecast, By End-User Industry
7.3.5 UK
7.3.5.1 Market Size and Forecast
7.3.6 Germany
7.3.6.1 Market Size and Forecast
7.3.7 France
7.3.7.1 Market Size and Forecast
7.3.8 Italy
7.3.8.1 Market Size and Forecast
7.3.9 Spain
7.3.9.1 Market Size and Forecast
7.3.10 Rest of Europe
7.3.10.1 Market Size and Forecast
7.4 Asia-Pacific
7.4.1 Asia-Pacific Market Size and Forecast, By Country
7.4.2 Asia-Pacific Market Size and Forecast, By Type
7.4.3 Asia-Pacific Market Size and Forecast, By Material
7.4.4 Asia-Pacific Market Size and Forecast, By End-User Industry
7.4.5 India
7.4.5.1 Market Size and Forecast
7.4.6 China
7.4.6.1 Market Size and Forecast
7.4.7 Australia
7.4.7.1 Market Size and Forecast
7.4.8 Japan
7.4.8.1 Market Size and Forecast
7.4.9 South Korea
7.4.9.1 Market Size and Forecast
7.4.10 Rest of Asia-Pacific
7.4.10.1 Market Size and Forecast
7.5 South America
7.5.1 South America Market Size and Forecast, By Country
7.5.2 South America Market Size and Forecast, By Type
7.5.3 South America Market Size and Forecast, By Material
7.5.4 South America Market Size and Forecast, By End-User Industry
7.5.5 Brazil
7.5.5.1 Market Size and Forecast
7.5.6 Rest of South America
7.5.6.1 Market Size and Forecast
7.6 RoW
7.6.1 RoW Market Size and Forecast, By Country
7.6.2 RoW Market Size and Forecast, By Type
7.6.3 RoW Market Size and Forecast, By Material
7.6.4 RoW Market Size and Forecast, By End-User Industry
7.6.5 Middle East
7.6.5.1 Market Size and Forecast
7.6.6 Africa
7.6.6.1 Market Size and Forecast

Chapter 8 Company Profiles
8.1 3M Company
8.2 Asahi Diamond Industrial Co., Ltd.
8.3 Carborundum Universal Limited
8.4 Cosentino S.A.
8.5 Dupont
8.6 Fujimi Incorporated
8.7 Henkel AG & Co. KGAA
8.8 Robert Bosch GmbH
8.9 Saint-Gobain Abrasives, Inc.

Abrasives Market Key Players

• 3M Company
• Asahi Diamond Industrial Co., Ltd.
• Carborundum Universal Limited
• Cosentino S.A.
• Dupont
• Fujimi Incorporated
• Henkel AG & Co. KGAA
• Robert Bosch GmbH
• Saint-Gobain Abrasives, Inc.