Global Abrasives Insights Covering Market Dynamics and Competitive Scenario through 2019

In order to study the various trends and patterns prevailing in the overall market for Abrasives, Market Research Reports Search Engine (MRRSE) has included a new report titled “Abrasives Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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Global abrasives market. a market intelligence company based in the U.S., estimates the global abrasives market to be valued at US$51,389.7 million by 2019, growing from US$35,203.6 million in 2012. The MRRSE research report projects the global abrasives market to grow at a CAGR 5.5% between 2013 and 2019. The research report, titled “Abrasives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, is available for sale on the company website.

In the product segmentation analysis, the market study points out that the raw superabrasives segment of the market will exhibit the fastest growth in terms of revenue and is forecast to grow at a 7.7%CAGR between 2013 and 2019. Abrasive product manufacturers are increasingly demanding loose abrasive grains, leading to the strong growth prospects of this product segment in the coming years, as further mentioned in the study.The MRRSE study further adds that the machinery segment accounted as the largest end-use segment of the abrasives market in 2012. The machinery end-use segment generated revenue of US$8,586.7 million in 2012 and is expected to reach US$12,418.5 million in 2019, growing at a CAGR of 5.4% between 2013 and 2019.

This report provides the market size of abrasives for 2011 and 2012, and forecast for the next six years. The global market size of abrasives is given in terms of both volume as well as revenue. Market volumes are defined in kilo tons and market revenue is in USD million. Market numbers are estimated based on various abrasives and key end application markets. Market size and forecast for each major application is provided in the context of the global as well as regional market.

For the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities.

Complete Report is now available at @ https://www.mrrse.com/abrasive-market

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the typical data types to produce estimates. These data type include demographic data such as population split by segments, macroeconomic indicators such as GDP, inflation rate, etc. and industry indicators such as expenditure, technology stage and infrastructure, sector growth and facilities. This data is then cross-checked by an expert panel.

Abrasives Market: Product Segment Analysis

Bonded abrasives
Coated abrasives
Raw superabrasives
Steel abrasives
Loose abrasive grains
Others (Including nonwoven abrasives, etc.)

Abrasives Market: End-user Analysis

Machinery
Electrical & electronic equipment
Transportation
Metal fabrication
Others (Including construction, medical devices, power generation, cleaning and maintenance, etc.)

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