Market Values:

The Global Abrasives Market, valued at US$ 37.67 Bn. in 2022, is projected to reach US$ 52.31 Bn. by 2029, reflecting a robust CAGR of 4.8% throughout the forecast period.

Report Scope:

The newly released report on the Abrasives Market provides a comprehensive analysis of the industry, covering market values, dynamics, research methodology, and regional insights. With a focus on key market segments, the report presents an in-depth exploration of the market's past, present, and projected future trends.

Research Methodology:

The research methodology employed in this report combines a rigorous analysis of industry data with clear, concise language. Stakeholders in the industry will find valuable insights into market trends, sizes, and key player activities. The report incorporates PORTER and PESTEL analyses to assess the potential impact of micro-economic factors on the market.

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Regional Insights:

Asia Pacific Leads with 53% Market Share in 2022 The Asia Pacific region dominates the global abrasives market, accounting for 53% in 2022. South Korea, Japan, India, Australia, and China contribute significantly to the region's growth, driven by increased construction activities. The report highlights the booming construction sector in China, which is expected to invest US $13,000 million in construction by 2030.

North America to Witness Significant Growth at 7.2% CAGR North America is poised for substantial growth at a CAGR of 7.2% during the forecast period. Infrastructure development, rising manufacturing investments, and increased electric vehicle (EV) production in the U.S. and Canada are identified as key drivers. The demand for abrasives in the United States is projected to reach US $6,350 million in 2024.

Market Segment Analysis:

The report delves into market segment analysis, focusing on materials (Natural and Synthetic) and applications (Automotive, Machinery, Aerospace, Metal Fabrication, Electrical & Electronics Equipment, and Others). Natural abrasives hold the largest market share, driven by growth in the global construction sector.

Conclusion:

The objective of the report is to present stakeholders with a comprehensive analysis of the abrasives market, offering insights into market dynamics, structure, and future trends. Decision-makers will benefit from a clear understanding of competitive analysis, market size projection, and key players' strategies, positioning the report as an investor's guide.

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Abrasives Market Segmentation:

by Product

Coated Abrasive
Bonded Abrasive
Super Abrasive


by Material

Natural
Synthetic

Abrasives Market Key Players:

1. Robert Bosch GmbH
2. 3M Company
3. Compagnie De Saint-Gobain S.A.
4. Henkel
5. Asahi Diamond Industrial
6. Dowdupont
7. Fujimi Incorporated
8. Carborundum Universal
9. Krebs & Riedel Schleifscheibenfabrik
10. Deerfos
11. Tyrolit Group
12. Nippon Resibon Corporation
13. Sankyo-Rikagaku
14. Abrasiflex
15. Noritake
16. Kier Group PLC
17. Carillon

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Table of content for the Abrasives Market includes:



Global Abrasives Market: Research Methodology


Global Abrasives Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Abrasives Market: Competitive Analysis


MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact


Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments


Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by growth and trend
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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