March 29, 2024

Abrasives Market Size to Grow US$ 87.8 Billion By 2030

The global abrasives market size was valued at US$ 51.7  billion in 2021 and is anticipated to grow US$ 87.8  billion by 2030, registering a compound annual growth rate of 6.06% from 2022 to 2030.

Abrasives Market Size 2022 To 2030

The abrasives market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the abrasives market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the abrasives report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the abrasives market have been studied and analysed across many developments.

Abrasives Market Report Scope 

Report Coverage Details
Market Size in 2022 USD 54.83 Billion
Market Size by 2030 USD 87.8 Billion
Growth Rate from 2022 to 2030 CAGR of 6.06%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered
  • By Source
  • By Product Type
  • By Material
  • By Application

Also read: Contact Center Software Market Size to Grow US$ 173.9 Billion By 2030

Research Approach

The comprehensive report on the global abrasives market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global abrasives market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players 

  • Robert Bosch GmbH (Germany)
  • NIPPON RESIBON CORPORATION (Japan)
  • Saint-Gobain (U.S.)
  • Asahi Diamond Industrial Co., Ltd. (Japan)
  • Fujimi Incorporated (Japan)
  • Carborundum Universal Limited (India)
  • The 3M Company (U.S.)
  • Henkel AG & Co. KGaA (Germany)
  • Krebs & Riedel (Germany)
  • KWH Mirka (Finland)
  • NORITAKE CO., LIMITED (Japan)

Abrasives Market Segmentations

By Source

  • Natural
  • Synthetic

By Product Type

  • Bonded
  • Coated
  • Super
  • Steel
  • Others

By Material

  • Aluminum Oxide
  • Silicon Carbide
  • Emery
  • Corundum
  • Boron Carbide
  • Others

By Application 

  • Machinery
  • Electrical & electronics equipment
  • Automotive
  • Metal fabrication
  • Aerospace
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Abrasives Market 

5.1. COVID-19 Landscape: Abrasives Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Abrasives Market, By Source

8.1. Abrasives Market, by Source, 2022-2030

8.1.1. Natural

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Synthetic

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Abrasives Market, By Product Type

9.1. Abrasives Market, by Product Type, 2022-2030

9.1.1. Bonded

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Coated

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Super

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Steel

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Abrasives Market, By Material 

10.1. Abrasives Market, by Material, 2022-2030

10.1.1. Aluminum Oxide

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Silicon Carbide

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Emery

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Corundum

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Boron Carbide

10.1.5.1. Market Revenue and Forecast (2017-2030)

10.1.6. Others

10.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Abrasives Market, By Application 

11.1. Abrasives Market, by Application, 2022-2030

11.1.1. Machinery

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Electrical & electronics equipment

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Automotive

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. Metal fabrication

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Aerospace

11.1.5.1. Market Revenue and Forecast (2017-2030)

11.1.6. Others

11.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Abrasives Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Source (2017-2030)

12.1.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.1.3. Market Revenue and Forecast, by Material (2017-2030)

12.1.4. Market Revenue and Forecast, by Application (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Source (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Material (2017-2030)

12.1.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Source (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Material (2017-2030)

12.1.6.4. Market Revenue and Forecast, by Application (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Source (2017-2030)

12.2.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.2.3. Market Revenue and Forecast, by Material (2017-2030)

12.2.4. Market Revenue and Forecast, by Application (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Source (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Material (2017-2030)

12.2.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Source (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Material (2017-2030)

12.2.6.4. Market Revenue and Forecast, by Application (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Source (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Material (2017-2030)

12.2.7.4. Market Revenue and Forecast, by Application (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Source (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Material (2017-2030)

12.2.8.4. Market Revenue and Forecast, by Application (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Source (2017-2030)

12.3.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.3.3. Market Revenue and Forecast, by Material (2017-2030)

12.3.4. Market Revenue and Forecast, by Application (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Source (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Material (2017-2030)

12.3.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Source (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Material (2017-2030)

12.3.6.4. Market Revenue and Forecast, by Application (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Source (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Material (2017-2030)

12.3.7.4. Market Revenue and Forecast, by Application (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Source (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Material (2017-2030)

12.3.8.4. Market Revenue and Forecast, by Application (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Source (2017-2030)

12.4.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.4.3. Market Revenue and Forecast, by Material (2017-2030)

12.4.4. Market Revenue and Forecast, by Application (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Source (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Material (2017-2030)

12.4.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Source (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Material (2017-2030)

12.4.6.4. Market Revenue and Forecast, by Application (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Source (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Material (2017-2030)

12.4.7.4. Market Revenue and Forecast, by Application (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Source (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Material (2017-2030)

12.4.8.4. Market Revenue and Forecast, by Application (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Source (2017-2030)

12.5.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.5.3. Market Revenue and Forecast, by Material (2017-2030)

12.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Source (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Material (2017-2030)

12.5.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Source (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Product Type (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Material (2017-2030)

12.5.6.4. Market Revenue and Forecast, by Application (2017-2030)

Chapter 13. Company Profiles

13.1. Robert Bosch GmbH (Germany)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. NIPPON RESIBON CORPORATION (Japan)

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Saint-Gobain (U.S.)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Asahi Diamond Industrial Co., Ltd. (Japan)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Fujimi Incorporated (Japan)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Carborundum Universal Limited (India)

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. The 3M Company (U.S.)

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Henkel AG & Co. KGaA (Germany)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Krebs & Riedel (Germany)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. KWH Mirka (Finland)

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global abrasives market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for abrasives are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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