Press release
Coated Abrasives Market Size, Share, Global Industry Report 2022 - Saint-Gobain Abrasives, Inc, 3M, sia Abrasives Industries AG, Robert Bosch GmbH, TYROLIT group, DEERFOS Co., Ltd., VSM Abrasives Corporation, Napoleon Abrasives S.p.a, Sungold Abrasives
Coated Abrasives Market to Benefit from the Surge in Precision Grinding
Coated Abrasives some in a number of forms, with the most popularly known form being sandpaper. Coated Abrasives are witnessing continued use as an industrial tool, and as a result, the Coated Abrasives Market is likely to grow consistently upward. Market Research Future has identified the various factors affecting the market and recorded them in its newest report on the Global Coated Abrasives Market. According to MRFR, the global market is set to register a CAGR of 6.3% during the forecast period from 2017 to 2022. Valued at USD 10.23 Bn in 2016, the Global Coated Abrasives Market will likely appreciate reaching USD 14.67 Bn in market value.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2413
Coated Abrasives find applications across a truly wide number of industries. Notably, the automotive industry has been observed to be significant in the increasing demand for Coated Abrasives. These abrasive materials are used extensively in blending, finishing, polishing and grinding applications for automotive vehicles. Moreover, the expansion of urbanization in emerging economies has resulted in high demand for residential and commercial buildings, thus resulting in a boom for the furniture industry. Coated Abrasives are a vital part of furniture production, thus driving the growth of the global market. Moreover, coated abrasives are an indispensable part of the manufacturing process for a number of industries. The rapid growth of the manufacturing sector, with emerging economies establishing themselves as manufacturing hubs, is expected to impact the market positively.
Despite the promising growth and their affordability, the demand for Coated Abrasives is threatened by the rise of super abrasives. Super abrasives display superior performance such as reduction of manufacturing downtime among others. As a result, the growth of the Coated Abrasives Market is hindered. However, the growing adoption of chemical vapor deposition (CVD) during the manufacturing of coated abrasives manufacturing has resulted in the expansion of applications and is likely to create opportunities for the market.
Key Players
Leading market participants have been recorded in MRFR's report. At the forefront of the competition are players such as Sia Abrasives Industries, AG, 3M, Robert Bosch GmbH, Saint-Gobain Abrasives Inc., and Carborundum Universal Limited. Other players profiled in the report include Tyrolit Group, Jason Incorporated, DowDuPont Inc., Hermes Schleifmittel GmbH, and Sungold Abrasives among several others.
Latest Industry News
CGW-Camel Grinding Wheels has changed its name to CGW Abrasives to better reflect its product offering and potentially increase market share in the coming years.
GNAP, a national distributor of coated abrasives is being acquired for USD 108 Mn.
Market Segmentation
The Global Coated Abrasives Market has been segmented in MRFR's report to offer a detailed view of the market. Segmentation of the Coated Abrasives Market has been performed on the basis of Type, Application, and Region. Types of Coated Abrasives have been segmented into silicon carbide, aluminum oxide, zirconia aluminum oxide, garnet, emery, and ceramic aluminum oxide. Among these, the aluminum oxide segment is at the forefront of the market with the highest growth at a CAGR of 6.73%.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/coated-abrasives-market-2413
Applications of Coated Abrasives divide the market into metalworking, automotive, electronics & semiconductors, woodworking, aerospace & defense, and others. The metalworking segment dominated the market in 2015 with a value of USD 2.5 Bn.
Regional Analysis
The Asia Pacific has established itself as the most significant market in the Global Coated Abrasives Market due to the concentration of leading market players in the region as well and the rapid industrialization which is ongoing in the regional market. The APAC has established itself as a manufacturing hub, which has resulted in a market value of USD 3.44 Bn for the regional Coated Abrasives Market. Increasing export and manufacturing activities are expected to secure the APAC's position over and beyond the forecast period. Meanwhile, the Middle East and Africa have emerged as the fastest growing regional Coated Abrasives Market with a CAGR of 7.89% through the review period. Increasing economic stability of emerging economies in the region combined with the regions close proximity to the APAC market has encouraged market expansion activities in this region.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Coated Abrasives Market Size, Share, Global Industry Report 2022 - Saint-Gobain Abrasives, Inc, 3M, sia Abrasives Industries AG, Robert Bosch GmbH, TYROLIT group, DEERFOS Co., Ltd., VSM Abrasives Corporation, Napoleon Abrasives S.p.a, Sungold Abrasives here
News-ID: 1690200 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Abrasives
Coated Abrasives Market Size, Share | Global Industry Report, 2022 - Saint-Gobai …
Coated Abrasive Market: Segmental Overview
The Coated Abrasives Market globally has been segmented on the basis of Application, Type and Region for the in-depth analysis of the market. The type-based segmentation of the market includes silicon carbide, aluminum oxide, zirconia aluminum oxide, garnet, ceramic aluminum oxide and emery. Among these, the aluminum oxide segment held the largest shares of the market in 2015 in terms of value. The segment is estimated…
Coated Abrasives Market Size, Industry Outline and Leading Manufacturers - Saint …
Coated Abrasives Market- Competitive Landscape
The Global Coated Abrasives Market is demonstrating a prominent growth due to the increasing demand of Coated Abrasives in the metal working industry for metal finishing, grinding, and polishing applications. Saint-Gobain (France), 3M (US), Sia Abrasives AG (Switzerland), Napoleon Abrasives SPA (Italy), Sungold Abrasives (US), Noritake Co. Limited (Japan), among others are some of the leading players in this market. Most of these participants adopt various…
Coated Abrasives Market Size 2022 Analysis by Saint-Gobain Abrasives, Inc, Carbo …
Industry Updates:
In June 2018, Walter Surface Technologies, a specialist in surface treatment technologies, has introduced SURFOX 305. It is a patented electrochemical MIG and TIG weld cleaning system that uses coated abrasives for faster, safer and more user-friendly functioning.
Market Drivers and Restraints:
The increasing application of Coated Abrasive as surface treatment material for various purposes such as auto ancillaries, fabrication, furniture, general engineering, auto OEM, flooring and others is one of…
Coated Abrasives Market 2018 Global Size by Leading Players - Saint-Gobain Abras …
Market Scenario:
Abrasive can be defined as substance used for giving shape to any hard material by rubbing the material against the abrasives. Abrasives are divided into three main categories, bonded abrasives, coated abrasives, and super abrasives. Coated Abrasives are abrasives, which consist of an abrasive grain fixed into a backing material or substrate generally made of paper, cloth, vulcanized rubber, and polyester film. The most commonly used coated abrasives grains…
Bonded Abrasives Market Global Industry Analysis by Leading Key Players|Saint-Go …
Bonded Abrasives Market Highlights:-
Bonded abrasives are in various shapes such as wheels, segments, sticks, and many other. Bonded abrasives are divided into vitrified, rubber products and thin wheels and are manufactured by mixing grains with bonding material, molding them to shape and then subjecting the output to firing or baking in high temperature and finishing the same to desired dimensions.
Bonded abrasives contain abrasive grains held together in a form of…
Abrasive Material Market Professional Survey Report 2018: Natural Abrasives, Syn …
This report studies Abrasive Material in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
E. I. du Pont de Nemours and Company
Robert Bosch GmbH
Cabot Microelectronics Corporation
Saint Gobain S.A
Tyrolit Schleifmittelewerke…
