Abrasives Market by Type and End User - Global Industry Analysis and Forecast to 2023

Published On : February 2018 Pages : 100 Category: Organic Chemicals Report Code : CM02569

Industry Outlook and Trend Analysis

The global Abrasives Market was worth USD 39.08 billion in 2014 and is expected to reach approximately USD 67.33 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.23% during the forecast period. With the expanding usage of abrasives in automobiles sector, the market for abrasives has an uplifting viewpoint amid the conjecture time frame. Proficient completing of cars requires the usage of abrasives like estimating motor parts, deburring, and cleaning. In addition, abrasives are additionally used to repair and keep up the body, accessories, and interiors of the vehicle. They are principally used to smooth out welds, clean the inside of funnels, and to smoothen out uneven and unpleasant surfaces and edges. Besides, covered abrasives are made use of as a part of the transportation area for completing and grinding applications.

Type Outlook and Trend Analysis

In 2015, the coated portion ruled the abrasives market and represented over half of the share of the overall industry. Coated abrasives are flexible in nature and are used as a part of the type of belts, sheets, and discs. In addition, the usage of coated abrasives is high in light cleaning applications in the white goods, auto ancillaries, hand and power tools, furniture, fabrications, furniture, sanitary ware, and construction ventures. Factors, for example, the development of worldwide development and manufacturing business will affect the development prospects of this market portion in the coming years.

End User Outlook and Trend Analysis

The automotive segment represented the biggest share of the market in 2015 because of the ascent in discretionary income, particularly in developing nations, which prompted an exceptional interest for passenger and commercial vehicles combined with shifts in buyer request and extended administrative necessities. Proficient completing of automobiles make use of abrasives for estimating motor parts, deburring, cleaning, to repair and keep up the accessories, body, and interiors of the automobile.

Regional outlook and Trend Analysis

The APAC locale rules the worldwide abrasives and will witness significant deevlopment in the upcoming years. Factors, for example, quick financial advancement and the expansion in per capita income in this locale will drive the market in the district amid the anticipated period. In addition, the development of this market is additionally encouraged by the request from the transportation and development ventures in APAC.

Competitive Insights

The worldwide abrasives market is extremely aggressive and furthermore divided because of the existence of numerous expansive and little providers. Numerous new merchants are foreseen to enter the market inferable from the expanding interest for abrasives. Merchants contend based on development, quality and performance, price, and client anti-extremism. The leading players in the market are Abrasive Technology, Almatis GmbH, 3M, Robert Bosch GmbH, Allied High Tech Products Inc, DuPont and Asahi Diamond Industrial Co Ltd.

The Abrasives Market is segmented as follows-

By Type:

  • Coated
  • Bonded
  • Super abrasives

By End User:

  • Fabrication industry
  • Automotive and auto ancillaries
  • Electronics
  • Others

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2015 to 2023?
  • What will be the industry market growth from 2015 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

 

Market Classification

  • Abrasives Market, By Type, Estimates and Forecast, 2014-2023 ($Million)
    • Bonded Abrasives
    • Coated Abrasives
    • Super Abrasives
  • Abrasives Market, By End User, Estimates and Forecast, 2014-2023 ($Million)
    • General Engineering and Tooling
    • Fabrication Industry
    • Automotive and Auto Ancillaries
    • Electronics
    • Other End Users
  • Abrasives Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
    • North America
  • North America Abrasives Market, By Country
  • North America Abrasives Market, By Type
  • North America Abrasives Market, By End User
    • U.S. Abrasives Market, By Type
    • U.S. Abrasives Market, By End User
    • Canada Abrasives Market, By Type
    • Canada Abrasives Market, By End User
    • Mexico Abrasives Market, By Type
    • Mexico Abrasives Market, By End User
    • Europe
  • Europe Abrasives Market, By Country
  • Europe Abrasives Market, By Type
  • Europe Abrasives Market, By End User
    • Germany Abrasives Market, By Type
    • Germany Abrasives Market, By End User
    • France Abrasives Market, By Type
    • France Abrasives Market, By End User
    • UK Abrasives Market, By Type
    • UK Abrasives Market, By End User
    • Italy Abrasives Market, By Type
    • Italy Abrasives Market, By End User
    • Spain Abrasives Market, By Type
    • Spain Abrasives Market, By End User
    • Rest of Europe Abrasives Market, By Type
    • Rest of Europe Abrasives Market, By End User
    • Asia-Pacific
      • Asia-Pacific Abrasives Market, By Country
      • Asia-Pacific Abrasives Market, By Type
      • Asia-Pacific Abrasives Market, By End User
        • Japan Abrasives Market, By Type
        • Japan Abrasives Market, By End User
        • Australia Abrasives Market, By Type
        • Australia Abrasives Market, By End User
        • India Abrasives Market, By Type
        • India Abrasives Market, By End User
        • South Korea Abrasives Market, By Type
        • South Korea Abrasives Market, By End User
        • Rest of Asia-Pacific Abrasives Market, By Type
        • Rest of Asia-Pacific Abrasives Market, By End User
    • Rest of the World
      • Rest of the World Abrasives Market, By Country
      • Rest of the World Abrasives Market, By Type
      • Rest of the World Abrasives Market, By End User
        • Brazil Abrasives Market, By Type
        • Brazil Abrasives Market, By End User
        • South Africa Abrasives Market, By Type
        • South Africa Abrasives Market, By End User
        • Saudi Arabia Abrasives Market, By Type
        • Saudi Arabia Abrasives Market, By End User
        • Turkey Abrasives Market, By Type
        • Turkey Abrasives Market, By End User
        • United Arab Emirates Abrasives Market, By Type
        • United Arab Emirates Abrasives Market, By End User
        • Others Abrasives Market, By Type
        • Others Abrasives Market, By End User

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.2.  Restraints

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Abrasives Market, By Type

4.1.       Introduction

4.2.       Global Abrasives Sales, Revenue and Market Share by Type (2014-2017)

4.2.1.  Global Abrasives Sales and Sales Share by Type (2014-2017)

4.2.2.  Global Abrasives Revenue and Revenue Share by Type (2014-2017)

4.3.       Abrasives Market   Assessment and Forecast, By Type, 2014-2023

4.4.       Bonded abrasives

4.4.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

4.5.       Coated abrasives

4.5.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

4.6.       Super abrasives

4.6.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

5.       Abrasives Market, By End User

5.1.       Introduction

5.2.       Global Abrasives Sales, Revenue and Market Share by End User (2014-2017)

5.2.1.  Global Abrasives Sales and Sales Share by End User (2014-2017)

5.2.2.  Global Abrasives Revenue and Revenue Share by End User (2014-2017)

5.3.       The Abrasives Market   Assessment and Forecast, By End User, 2014-2023

5.4.       General Engineering and Tooling

5.4.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

5.5.       Fabrication Industry

5.5.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

5.6.       Automotive and Auto Ancillaries

5.6.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

5.7.       Electronics

5.7.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

5.8.       Other End Users

5.8.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

6.       Abrasives Market, By Region

6.1.       Introduction

6.2.       Abrasives Market Assessment and Forecast, By Region, 2014-2023 ($Million)

6.3.       Global Abrasives Sales, Revenue and Market Share by Regions

6.3.1.  Global Abrasives Sales by Regions (2014-2017)

6.3.2.  Global Abrasives Revenue by Regions (2014-2017)

6.4.       North America

6.4.1.  North America Abrasives Sales and Growth Rate (2014-2017)

6.4.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

6.4.3.  Market Assessment and Forecast, By Type, 2014-2023($Million)

6.4.4.  Market Assessment and Forecast, By End User, 2014-2023($Million)

6.4.5.  U.S.

6.4.5.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.4.5.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.4.6.  Canada

6.4.6.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.4.6.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.4.7.  Mexico

6.4.7.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.4.7.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.       Europe

6.5.1.  Europe Abrasives Sales and Growth Rate (2014-2017)

6.5.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

6.5.3.  Market Assessment and Forecast, By Type, 2014-2023($Million)

6.5.4.  Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.5.  Germany

6.5.5.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.5.5.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.6.  France

6.5.6.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.5.6.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.7.  UK

6.5.7.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.5.7.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.8.  Italy

6.5.8.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.5.8.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.9.  Spain

6.5.9.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.5.9.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.10.      Rest of Europe

6.5.10.1. Market Assessment and Forecast, By Type, 2014-2023($Million)

6.5.10.2. Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.       Asia-Pacific

6.6.1.  Asia-Pacific Abrasives Sales and Growth Rate (2014-2017)

6.6.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

6.6.3.  Market Assessment and Forecast, By Type, 2014-2023($Million)

6.6.4.  Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.5.  Japan

6.6.5.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.6.5.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.6.  China

6.6.6.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.6.6.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.7.  Australia

6.6.7.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.6.7.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.8.  India

6.6.8.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.6.8.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.9.  South Korea

6.6.9.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.6.9.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.10.      Rest of Asia-Pacific

6.6.10.1. Market Assessment and Forecast, By Type, 2014-2023($Million)

6.6.10.2. Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.       Rest of the World

6.7.1.  Rest of the World Abrasives Sales and Growth Rate (2014-2017)

6.7.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

6.7.3.  Market Assessment and Forecast, By Type, 2014-2023($Million)

6.7.4.  Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.5.  Brazil

6.7.5.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.7.5.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.6.  Turkey

6.7.6.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.7.6.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.7.  Saudi Arabia

6.7.7.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.7.7.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.8.  South Africa

6.7.8.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.7.8.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.9.  United Arab Emirates

6.7.9.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

6.7.9.2.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.10.      Others

6.7.10.1. Market Assessment and Forecast, By Type, 2014-2023($Million)

6.7.10.2. Market Assessment and Forecast, By End User, 2014-2023($Million)

7.       Company Profiles

7.1.       3M

7.1.1.  Business Overview

7.1.2.  Product Portfolio

7.1.3.  Strategic Developments

7.1.4.  Abrasives Sales, Revenue and Market Share

7.2.       DuPont

7.2.1.  Business Overview

7.2.2.  Product Portfolio

7.2.3.  Strategic Developments

7.2.4.  Abrasives Sales, Revenue and Market Share

7.3.       Henkel

7.3.1.  Business Overview

7.3.2.  Product  Portfolio

7.3.3.  Strategic Developments

7.3.4.  Abrasives Sales, Revenue and Market Share

7.4.       Robert Bosch

7.4.1.  Business Overview

7.4.2.  Product Portfolio

7.4.3.  Strategic Developments

7.4.4.  Abrasives Sales, Revenue and Market Share

7.5.       Saint-Gobain

7.5.1.  Business Overview

7.5.2.  Product Portfolio

7.5.3.  Strategic Developments

7.5.4.  Abrasives Sales, Revenue and Market Share

7.6.       Abrasive Technology

7.6.1.  Business Overview

7.6.2.  Product Portfolio

7.6.3.  Strategic Developments

7.6.4.  Abrasives Sales, Revenue and Market Share

7.7.       Allied High Tech Products

7.7.1.  Business Overview

7.7.2.  Product Portfolio

7.7.3.  Strategic Developments

7.7.4.  Abrasives Sales, Revenue and Market Share

7.8.       Almatis

7.8.1.  Business Overview

7.8.2.  Product  Portfolio

7.8.3.  Strategic Developments

7.8.4.  Abrasives Sales, Revenue and Market Share

7.9.       Asahi Diamond Industrial

7.9.1.  Business Overview

7.9.2.  Product  Portfolio

7.9.3.  Strategic Developments

7.9.4.  Abrasives Sales, Revenue and Market Share

7.10.    Cabot Microelectronics

7.10.1.      Business Overview

7.10.2.      Product  Portfolio

7.10.3.      Strategic Developments

7.10.4.      Abrasives Sales, Revenue and Market Share

8.       Global Abrasives Market Competition, by Manufacturer

8.1.       Global Abrasives Sales and Market Share by Manufacturer (2016-2017)

8.2.       Global Abrasives Revenue and Market Share by Manufacturer (2016-2017)

8.3.       Top 5 Abrasives Manufacturer Market Share

8.4.       Market Competition Trend


List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of Abrasives Market.


Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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