Abrasive Market Share, Analysis, and Growth by 2030
Abrasive Market: Strategic Insights
Abrasive Market
-
CAGR (2022 - 2030)4.9% -
Market Size 2022
US$ 34.81 Billion -
Market Size 2030
US$ 50.99 Billion
Market Dynamics
GROWTH DRIVERS
- Growing demand from automotive and electronics sectors
- Increase in metal fabrication
FUTURE TRENDS
- Adoption of automation in metalworking
- Development of eco-friendly abrasives
OPPORTUNITIES
- Expansion in construction and automotive industries
- Increased use in precision engineering
Key Players
- Deerfos Co Ltd
- CUMI AWUKO Abrasives GmbH
- Robert Bosch GmbH
- Tyrolit Schleifmittelwerke Swarovski AG Co KG
- Sun Abrasives Co Ltd
- Compagnie de Saint Gobain SA
- sia Abrasives Industries AG
- RHODIUS Abrasives GmbH
- 3M Co
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Material - Natural and Synthetic
Type - Bonded Abrasives
- Coated Abrasives
Application - Automotive
- Aerospace
- Marine
- Metal Fabrication
- Woodworking
- Electrical and Electronics
Sales Channel - Direct and Indirect
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