According to study, “World
Abrasive Disc Market Research Report 2024(Covering USA, Europe, China, Japan,
SEA and India)” the key companies
operating in the world abrasive disc market areSaint-Gobain,3M, Tyrolit,KLINGSPOR,
Rhodius,Hermes Schleifmittel, SWATY COMET, Robert Bosch GmbH,Pferd, Abrasive Technology,
Inc., DEERFOS, DowDuPont, Noritake,DRONCO, Noritake Co. Limited, Murugappa
Group (Carborundum Universal Limited), Arc Abrasives, Inc.,CGW, Tyrolit
Schleifmittelwerke Swarovski K.G., Cabot Microelectronics, FUJI Grinding Wheel,
MABTOOLS, Abmast, METABO, Henkel AG & Co. KGaA, Abracs, WINKING, Zhuhai
Elephant,DEWALT, Asahi Diamond Industrial Co. Ltd., Jason Inc., BWS Industrial,
Shengsen Abrasive, Almatis GmbH, Zhejiang YIDA, Yongtai (Zhengzhou), BONDFLEX.
Abrasive disc is a coated abrasive which attached fine ore
abrasive grains to the base material of uniform thicken. The
disc is installed in grinding machines to eliminate materials from the surface
of glass, plastic, ceramic, wood and other substrates. The disc also eliminates
sharp edges, burrs, and other imperfections from a work piece. It is composed
of an abrasive compound for polishing products without degrading their quality
levels. It comes in different sizes which depends on the amount of material
needed to be removed. It is economical, durable, simple to use, and does not
require any kind of power to operate. It is used in a variety of grinding, sanding,
polishing and surface preparation applications.
Based on type, abrasive disc market is segmented into coated
abrasive disc, bonded abrasive disc, super construction abrasive disc and super
precision abrasive disc. Based on material, market is segmented into synthetic
and natural. Based on abrasive material type, market is segmented into super abrasive
and conventional abrasive. Super abrasives include Cubic Boron Nitride (CBN)
and diamond (vitrified diamond, resin bond diamond, electroplated diamond and metal
diamond) while conventional abrasives include aluminum oxide, cerium oxide, boron
carbide, silicon carbide and others. Based on thickness, market is segmented
into 100 mm to 150 mm, 150 mm to 350 mm, 350 mm to 500 mm and 500 mm to 800mm. Based
on marketing channel, market is segmented into abrasive disc customers, direct
marketing and indirect marketing. Based on application, market is segmented
into polishing, grinding, drilling, cutting and others. In addition, based on
end-use industries, market is segmented into automotive, electronics, metal
manufacturing industry, construction, medical, aerospace, oil & gas and
others.
The abrasive disc market is driven by rise in demand in
vehicle and bicycle brakes, followed by increase in demand for automobiles,
rapid increase in manufacture sector, growth in advanced technologies, rise in construction
sector in emerging economies, increase in middle-class population and high
demand from electronics industry. However, fluctuation in price of raw
materials and stringent regulations on usage of silica abrasives may impact the
market. Moreover, significant investment in R&D activities is a key
opportunity for market.
Based on geography, China and India countries holds major
share in abrasive disc market owing to rapid increase in production of
automotive segment, presence of various unorganized players & abundant raw
material availability. Europe and USA countries are expected to witness a
steady growth rate due to increase in demand from the furniture & interior
industry over the forecast period. The market is expected to reach at US $4590
million, by 2024, at a CAGR of 1.5%.
For more information on the research
report, refer to below link:
Related reports
Contact Us:-
Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249
