Press release
Coated Abrasives Market Size, Share | Global Industry Report 2022 - Saint-Gobain Abrasives, Inc, 3M, sia Abrasives Industries AG, Robert Bosch GmbH, Asahi Diamond Industrial Co., Ltd, Napoleon Abrasives S.p.a, Hermes Schleifmittel GmbH, Sungold Abrasives
Coated Abrasives Market to Benefit from the Surge in Precision Grinding
Coated Abrasives Market – Market Overview
Coated Abrasives are made from loose abrasive grains bonded to a backing or flexible substrate such as paper, cloth or plastic films, using adhesives and converted into different shapes such as belts, rolls, discs, sheets.
Owing to its superior properties and advantages such as high tensile strength, resistance to heat, fracture, and durability, it finds application in metal and wood working, automotive, aerospace & defence, and electronics & semiconductor industries. The increasing demand from the metal working and automotive is expected to drive the Global Coated Abrasives Market in the coming years. According to MRFR analysis, the Global Coated Abrasives Market was valued at USD 10,233.3 million in 2016 and is expected to be valued at USD 14,671.2 million by the end of 2022, expanding at a CAGR of 6.3%. This can be attributed to increasing consumption of coated abrasives in the major end-use industries. On the basis of applications, metals working accounted for the largest market value share for Coated Abrasives in 2016 and is expected to continue its dominance during the forecast period, followed by wood working and automotive application segments. However, availability of substitute such as super abrasives is likely to hamper the market growth.
In 2016, Asia-Pacific accounted for the largest market share followed by Europe and North America. The Asia Pacific region offers large growth potential for Coated Abrasives Market and is projected to register a CAGR of 6.9% to reach USD 5,453.5 million by 2022 owing to the rapid industrialisation in the region along with presence of considerable number of producers coupled with cheap labour cost and growing exports.
Get Exclusive Sample Copy @ https://www.marketresearchfuture.com/sample_request/2413
Coated Abrasives Market- Competitive Landscape
The Global Coated Abrasives Market is demonstrating a prominent growth due to the increasing demand of Coated Abrasives in the metal working industry for metal finishing, grinding, and polishing applications. Saint-Gobain (France), 3M (US), Sia Abrasives AG (Switzerland), Napoleon Abrasives SPA (Italy), Sungold Abrasives (US), Noritake Co. Limited (Japan), among others are some of the leading players in this market. Most of these participants adopt various strategies such as product launch, expansion, R&D, and merger & acquisition to strengthen their market position. Considering these trends, the Global Coated Abrasives Market is set to witness a considerable competition during the forecast period, 2016–2022.
Industry/ Innovation/ Related News:
February 2016- Saint-Gobain entered into a partnership agreement with Detroit Speed, a manufacturer of high-quality automotive components and systems and a builder of vintage custom cars for supply of Norton abrasives for refinishing applications.
August 2015- Sia Abrasives AG launched its new line of flexible Coated Abrasive line, 1948 siaflex abrasive line. The new product is made up of combination of blue-fired and white aluminum oxide on a latex substrate, which provides flexibility and ease in stock removal. The new abrasive is available in discs, sheets and rolls.
April 2015- Saint-Gobain entered into a joint venture with British Indústria e Comércio Ltda., a manufacturer of Non-Woven Abrasives in Brazil. Saint-Gobain acquired 70% of company’s equity with this joint venture, further expanding Saint-Gobain’s presence in the Brazilian market.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/coated-abrasives-market-2413
About Market Research Future:
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.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Coated Abrasives Market Size, Share | Global Industry Report 2022 - Saint-Gobain Abrasives, Inc, 3M, sia Abrasives Industries AG, Robert Bosch GmbH, Asahi Diamond Industrial Co., Ltd, Napoleon Abrasives S.p.a, Hermes Schleifmittel GmbH, Sungold Abrasives here
News-ID: 1623811 • Views: …
More Releases from Market Research Future
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by…
More Releases for Abrasive
Abrasive Blast Equipment Market Set for Dynamic Rise with Key Players like Graco …
The Abrasive Blast Equipment Market 2025 Forecast to 2032 research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Abrasive Blast Equipment industry, as well as predicted future growth, technological advancements, investment prospects,…
Global Abrasive Industry Analysis By Geography
Stratistics MRC's Abrasive Market report explains company profiling, key segments, market trends, top players and regional, country-level segments.
Materials called abrasives are employed to remove wood, concrete, ceramic, stone, or minerals. These materials offer a refined, completed appearance. The method is frequently used to polish materials to obtain a smooth, shiny surface. These items are used to give fabrics with matte, satin, or beaded finishes a rougher surface. The market's expansion…
Abrasive Blasting Market: Getting Back To Growth | Abrasives, AB Shot Tecnics, C …
AMA Research added a comprehensive research document of 200+ pages on 'Abrasive Blasting' market with detailed insights on growth factors and strategies. The study segments key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country. Some of the important players from a wide list of coverage used under bottom-up approach are
Abrasives Inc. (United States)
AB…
Global Abrasive Sanding Discs Market Trends, Growth, Size, Segmentation, Share, …
The market for Abrasive Sanding Discs is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Abrasive Sanding Discs Market Insights, Forecast to 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions.…
Global Abrasive Belt Market Status, Market Drivers, Opportunities and Future For …
Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Abrasive Belt Market Insights, Forecast to 2025” provides an in-depth analysis of the Abrasive Belt with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house).The research study examines the Abrasive Belt on the…
Global Abrasive Blast Systems (ABS) Market 2017 by Manufacturers - Rosler, Titan …
The report Global Abrasive Blast Systems (ABS) Industry is an insightful reference for new entrants and established players in the Global Abrasive Blast Systems (ABS) market. The data in the report presents a review of the most updated market trends. Furthermore, the report addresses the latest key industry events and their impact on the Global Abrasive Blast Systems (ABS) market.
Download Free Sample Report @ http://www.fiormarkets.com/report-detail/34390/request-sample
Covering Manufacturers
Titan Abrasive Systems
Abrasive Blast Systems,…
