The report on the Global Abrasives Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue and volume (USD MN/ Kilo Tons) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Abrasives are inorganic material used for rubbing and shaping the workpieces. These finishing functions provide smooth and reflective surface. Generally, they are used in grinding, polishing, buffing, honing, cutting, drilling, sharpening, lapping, and sanding.
- Rising demand for automobiles
- Increasing production of electronic equipment
- Growing medical device market
- Stringent regulations on the use of silica abrasives
- Volatile raw material prices
Report includes a detailed analysis on value chain in order to provide a holistic view of the abrasives market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the abrasives industry, from raw material suppliers to end-users.
Porter’s five forces model has been used to depict the impact of various factors such as:
- Bargaining power of buyers
- Bargaining power of suppliers
- Degree of competition
- Threat of substitutes
- Threat of new entrants during the forecast period
Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The abrasives market has further been segmented based on products such as bonded abrasives, coated abrasives, raw superabrasives, steel abrasives, loose abrasive grains and others including nonwoven abrasives, etc. The study provides forecast and estimates market for each product in terms of revenue and volume during the forecast period from 2020 to 2026. Each product has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
The abrasives market has been segmented based on end-users such as machinery, electrical & electronic equipment, transportation, metal fabrication, others including construction, medical devices, power generation, cleaning and maintenance, etc. The study provides forecast and estimates market for each end-user in terms of revenue and volume during the forecast period from 2020 to 2026. Each end-user has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
In terms of geography, the abrasives market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as:
- 3M Company
- Henkel AG & Co. KGaA
- Robert Bosch GmbH
- Saint Gobain SA
- TYROLIT Schleifmittelwerke Swarovski KG
A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides abrasives market's mergers/acquisitions, partnerships, collaborations, new product lunches, new product developments and other industry developments.
SEGMENTATIONS IN REPORT:
Abrasives By Product
Abrasives By End-User Analysis
- Bonded Abrasives
- Coated Abrasives
- Raw Superabrasives
- Steel Abrasives
- Loose Abrasive Grains
- Others (Including Nonwoven Abrasives, Etc.)
Abrasives By Geography:
- Electrical & Electronic Equipment
- Metal Fabrication
- Others (Including Construction, Medical Devices, Power Generation, Cleaning And Maintenance, Etc.)
The Global Abrasives Market has been exhibited in detail in the following chapters -
- Asia Pacific
- North America
- Latin America
- Middle East And Africa
Chapter 1 Abrasives Market Preface
Chapter 2 Executive Summary
Chapter 3 Abrasives Industry Analysis
Chapter 4 Abrasives Market Value Chain Analysis
Chapter 5 Abrasives Market Analysis By Product
Chapter 6 Abrasives Market Analysis By End-User Analysis
Chapter 7 Abrasives Market Analysis By Geography
Chapter 8 Competitive Landscape Of Abrasives Companies
Chapter 9 Company Profiles Of Abrasives Industry
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.