|05-04-2018 12:09 PM CET - Business, Economy, Finances, Banking & Insurance||
Abrasive Market Current Trends Analysis and Forecasts to 2025 with Robert Bosch GmbH, Henkel AG & Co. KGaA, Saint-Gobain 2018, Asahi Diamond Industrial Co.,Ltd., Fujimi Incorporated., Carborundum Universal Limited, DEERFOS.COM., Tyrolit Group and Others
Press release from: Data Bridge Market Research
The Global Abrasive Market is expected to reach USD 60.86 billion by 2025, from USD 38.6 billion in 2017 growing at a CAGR of 8.1 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Some of the major players operating in the global abrasive market are Robert Bosch GmbH, Henkel AG & Co. KGaA, Saint-Gobain 2018, Asahi Diamond Industrial Co.,Ltd., Fujimi Incorporated., Carborundum Universal Limited, DEERFOS.COM., Tyrolit Group, THE EDMAR ABRASIVE COMPANY, S.A.F. Praha, NORITAKE CO.,LIMITED, SAK ABRASIVES LIMITED, Pearl Abrasive, RHINO ABRASIVE COMPANY among others.
Abrasives are substances used for the cleaning, grinding, and polishing of hard surfaces. They prevent from corrosion, scale, suspended solids and micro biologicals. Abrasive has many features like flexibility, stability, hardness, high temperature stability and tear resistance that helps in coatings, extraction performance, improving yields, and reducing costs. It is used in whetstones, grindstones, millstone and cutting edges, and many more. Abrasive is widely applicable in many industries such as automotive, machinery, metal fabrication and others. In 2017, IGL launched a new IGL Abrasive System for failing paint, dull and marred paint works called Ecoshine Compound F1.They have innovative abrasion technology creating an extremely deep gloss, with virtually no halos or holograms. It is used both on oxidised surfaces and new fully dried paint surfaces. In 2018, Abrasive Finishing Systems Ltd launched” Combi Unitised” a new patented product. It contains firmer, more aggressive disc sandwiched between two softer discs. It is used in removing welds and dress the surface to such a standard that you can mirror polish the surface straight away.
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The global abrasive market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of abrasive market for global, Europe, North America, Asia pacific and South America.
This Report Offering:
- What will the market size and the growth rate be in 2025?
- What are the key factors driving the global Abrasive market?
- What are the key market trends impacting the growth of the global Abrasive market?
- What are the challenges to market growth?
- Who are the key vendors in the global Abrasive market?
- What are the market opportunities and threats faced by the vendors in the global Abrasive market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Abrasive market?
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