Abrasives Market Detailed Analysis & Focusing on Key Leaders - Robert Bosch, 3M, Saint-Gobain, Henkel, Fujimi, Asahi Diamond Industrial

Abrasives are hard materials used for wearing/shaping the soft surfaces of the work piece. Here, the friction between the abrasive materials when rubbed against the work piece, is used to obtain a smooth final product. Abrasives are hard and brittle and are found naturally or can be produced synthetically. Calcium carbonate (calcite), diamond dust, and emery are some naturally occurring abrasives. These abrasives are useful for processes such as polishing, grinding, sharpening, drilling, sanding, buffing, and cutting.

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Properties such as hardness (harder than the surface to be rubbed), durability, flexibility, and brittleness are major factors that boost demand for abrasives during the forecast period. These properties are of utmost use in case of end-user industries such as automotive, machinery, and metal fabrication.

Market Outlook

In 2016, as per the World Bank's Logistics Performance Index, India ranked 35th among 160 countries. This is due to the growing industrialization, construction and automation in emerging Asian economies like China and India. Since then, the Asia Pacific abrasives market is expected to dominate the market positioning followed by Europe and North America. Major players like Robert Bosch, Saint-Gobain and 3M have their headquarters in Europe and North America respectively owing to the increasing market share from these players during the forecast period.

Key Players

Key players operating in the global abrasives market include, Robert Bosch, 3M, Saint-Gobain, Henkel, Fujimi, Asahi Diamond Industrial, and others.

Market Taxonomy

On the basis of material type, the global abrasives market is segmented into:

Natural
Synthetic

On the basis of product type, the global abrasives market is segmented into:

Bonded
Coated
Super Abrasives

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