Global Grinding Wheels Market to reach 5100 million US$ by the end of 2025

This report studies the global Grinding Wheels market status and forecast, categorizes the global Grinding Wheels market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

This report studies the Grinding Wheels market. A grinding wheel is a wheel composed of an abrasive compound and used for various grinding (abrasive cutting) and abrasive machining operations. Such wheels are used in grinding machines.

The wheels are generally made from a composite material consisting of coarse-particle aggregate pressed and bonded together by a cementing matrix (called the bond in grinding wheel terminology) to form a solid, circular shape. Various profiles and cross sections are available depending on the intended usage for the wheel. They may also be made from a solid steel or aluminium disc with particles bonded to the surface. Today most grinding wheels are artificial composites made with artificial aggregates, but the history of grinding wheels began with natural composite stones, such as those used for millstones.

Geographically, the consumption market is leading by Europe, Greater China and United States. In terms of year 2017, Europe holds the largest market share, with about 1106.06 Million USD sales revenue, followed by United States, with about 12.7% market share in 2017. China will keep playing important role in Global market. APAC will be the major revenue contributor to the grinding wheel market throughout the forecast period. The rising industrial and economic development along with the growth in the number of companies planning to integrate the grinding wheel technology will drive the growth of the market in this region.

Grinding wheels find application in almost every manufacturing industry. The key users of grinding wheels are automotive, aerospace, ship building, oil and gas, and semiconductor industries. Each of the Grinding Wheels manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those Grinding Wheels manufacturers keep keen on expanding their Grinding Wheels sales. To achieve better sales businesses, Grinding Wheels manufacturers usually invest on their marketing channel infrastructure every year.

The global Grinding Wheels market is valued at 4080 million US$ in 2017 and will reach 5100 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2018-2025.

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The major manufacturers covered in this report

Klingspor

3M

Mirka

Noritake

Saint-Gobain

Kure Grinding Wheel (JP)

Camel Grinding Wheels (Israel)

Tyrolit Group

SHIN-EI Grinding Wheels (JP)

DSA Products (England)

Andre Abrasive

DK Holdings (UK)

Elka (DE)

Keihin Kogyosho Co., Ltd (JP)

Northern Grinding Wheels

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Resinoid Bond Grinding Wheels

Vitrified Bond Grinding Wheels

Other

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Transport Industry

Construction

Bearing & Machinery

Steel Industry

Other

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