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Sanding Pads Market 2018 Comprehensive Analysis | Key Players – Robert Bosch Tool, 3M Company, Saint-Gobain Abrasives, SAIT Abrasivi S.p.A, Keystone Abrasives, Klingspor AG, Mirka
Sanding Pads Global Market 2018Sanding Pads Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Sanding Pads Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Global Sanding Pads Market Information by Product (Disc, Wheels, Rolls, and Others), by Backing Material (Velcro / Hook and Loop, Pressure Sensitive Adhesive, and Others), by End-User (Automotive, Construction, Metal Fabrication and Others) and by Region - Forecast to 2023
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Sanding Pads Global Market
Sanding pads are coated abrasives that are used with sander power tool to smoothen surfaces. They are majorly used in industrial and commercial sanding applications. Different types of sanding pads are available for different surfaces. The growing construction industry across the globe, is the primary driving factor of the sanding pads market. Sanding pads are largely used in the construction industry for various applications such as smoothening a surface and scraping off layers of a surface, mainly during painting. Hence, the growth of construction industry across the globe has augmented the rise in global sanding pad market. However, stringent government regulations on the use of silica, is the factor that may hamper the growth of market.
The Asia-Pacific region is the most attractive market for sanding pads, owing to the rapid growth in industries such as automotive, construction and metal fabrication in the region. The growth of this region is supplemented by the increase in consumption and production of industrial products in developing economies such as India and China. Rise in disposable income, especially in developing countries has led to an increase in demand for passenger vehicles, thus improving the growth prospects of the sanding pads market in the years to come.
Key Players
Robert Bosch Tool Corporation (U.S.), 3M Company (U.S.), Saint-Gobain Abrasives (U.S.), SAIT Abrasivi S.p.A (Italy), Keystone Abrasives (U.S.), Klingspor AG (Germany), Mirka Ltd. (Finland), Abrasiflex Pty Ltd (Australia), Abcon industrial products Ltd (Ireland), Astro Pneumatic Tool Company (U.S.) and others and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Sanding Pads Market.
Industry/ Innovation/ Related News:
February, 2013 - 3M continued its expansion of manufacturing capacity in key growth markets. The company also invests across 3M’s many businesses such as abrasives, industrial adhesives and tapes, advanced materials, electronics-related, infection prevention and other businesses.
November, 2012– 3M introduces 3M Trizact 5000 Sanding Discs and Hand Sheets. The 3M Trizact 5000 Sanding Discs and Hand Sheets are an innovation that changed the process for paint repair and gave painters better results and improve cycle time and customer satisfaction.
May, 2017 – Saint Gobain launched Cyclonic; for a range of sanding products under the Norton brand. It Includes sanding discs, pre-cut rolls and accessories for both hand and machine sanding.
August, 2013 - Saint-Gobain Abrasives has launched a new range of sandpaper under the Norton brand. The company offeres the highest quality abrasive types in a range of shapes, whole configurations and grit sizes for all sanding needs.
September, 2016 - Klindpor established of State of art diamond production facility at Ukraine. This extremely powerful plant is built alongside the already existing abrasive mop facility, to meet the growing demands of the abrasive market.
Segmentation of Sanding Pads Market:
The Global Sanding Pads Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product: Comprises Disc, Wheels, Rolls, and Others.
Segmentation by Backing Material: Comprises Velcro / Hook and Loop, Pressure Sensitive Adhesive, and Others
Segmentation by End User: Comprises Automotive, Construction, Metal Fabrication and Others
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Sanding Pads Market: Regional Analysis:
Asia-Pacific region dominates the global sanding pads market. It accounts for the largest share of 40% in the global sanding pads market in 2015. Rapid industrialization and urbanization, especially in India, China, and Japan are the key contributors of the market growth in the region. Asia-Pacific region is expected to grow at a CAGR of 3.82% during the forecast period. North America is another major region which is expected to register high growth rate during the forecast period.
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Table of Contents
1 EXECUTIVE SUMMARY
2 INTRODUCTION
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
5 MARKET FACTOR ANALYSIS
6 GLOBAL SANDING PADS MARKET, BY PRODUCT
7 GLOBAL SANDING PADS MARKET, BY BACKING MATERIAL
8 GLOBAL SANDING PADS MARKET, BY END-USER
9 GLOBAL SANDING PADS MARKET, BY REGION
10 COMPETITIVE SCENARIO
11 COMPANY PROFILES
12 LIST OF TABLES
13 LIST OF FIGURES
Continued…….
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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.
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