Abrasive Wheels Market Analysis, Trends, and Scope 2024 to 2031
Abrasive Wheels Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 11.51 billion |
Market Size by 2031 | US$ 17.8 Billion |
Global CAGR (2023 - 2031) | 5.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Abrasive Wheels Market News and Recent Developments
The Abrasive Wheels Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for Abrasive Wheels market and strategies:
- On January 2024, 3M introduced new abrasives, 3M Cubitron 3 Performance Abrasives. The product has an extended lifespan and faster cut rates. It has an advanced three-dimensional matrix of resin and minerals that improves the abrasive wheel's lifespan and cutting efficiency. (Source: 3M, Press Release/Company Website/Newsletter)
- On May 2023, DEWALT announced ELITE SERIES Abrasive Grinding Wheels that Deliver Up To 50% Longer Life in Extreme Applications. The product has three sheets of fiberglass to increase overall durability. (Dewalt: Press Release/Company Website/Newsletter)
Abrasive Wheels Market Report Coverage and Deliverables
The “Abrasive Wheels Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed Porter’s Five Forces analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles with SWOT analysis