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Abrasive Wheels Market Outlook to 2025 - 3M Company, Saint-Gobain, Super Abrasives, Noritake, Klingspor Abrasives, DSA Products Ltd., Andre Abrasive Articles, Deerfos, Camel Grinding Wheels

10-29-2018 04:32 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Partners

Abrasive wheels market to reach US$ 16,400.0 million by 2025 growing at a CAGR of 6.1%.

Abrasive wheels market to reach US$ 16,400.0 million by 2025 growing at a CAGR of 6.1%.

An exclusive abrasive wheels market research report created through broad primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of market with segments. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the abrasive wheels market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Global abrasive wheels market is expected to grow from US$ 10,280.8 million in 2017 to US$ 16,400.0 million by 2025 growing at a CAGR of 6.1% from 2018 to 2025.

Get sample copy of this report: bit.ly/2CLk5oW

Some of the major players operating in the abrasive wheels market include 3M Company, Saint-Gobain, Super Abrasives, Noritake, Klingspor Abrasives, DSA Products Ltd., Andre Abrasive Articles, Deerfos, Camel Grinding Wheels, and Tyrolit Group.

The Abrasive Wheels Market is at its growing phase in many developing countries owing to its applications in wide range of industries. The market is further expected to flourish in North America and Europe with the growing demand and production of automotive in this regions. One of the key factor propelling the market growth for abrasive wheels is the rapid growth in automotive industry and increase in the demand for higher finished parts. Further, increase in research & development activities is fostering the growth of the market.

Asia-Pacific is one of the prominent regions in abrasive wheels market which is contributing highest revenue globally due to rapid growth in industrial sector, increase in urbanization, and availability of economical labor. Substantial growth in vehicle production in Europe and presence of wide range of companies is also propelling the market for abrasive wheels market. Also, Europe region is expected to grow with highest CAGR during the forecast period, with Germany contributing the major share.

The abrasive wheels market report focuses on in-depth segmentation of this market based by product, material type, and regions. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By product, bonded abrasive wheels accounted for the largest share of the abrasive wheels market in 2017, whereas Europe region is expected to grow at the highest CAGR during the forecast period.

Buy this report at: bit.ly/2CKvpS8

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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Call: +1-646-491-9876
Email: sales@theinsightpartners.com

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