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Abrasives Market By Type , Materials And End-user Industry Analysis And Forecast By Top Key players Robert Bosch GmbH, 3M Company, Cosentino S.A., Saint‐Gobain Abrasives, Inc., Henkel AG & Co

04-02-2019 06:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

Abrasives Market

Abrasives Market

Abrasives are hard materials, which are used in a wide range of industrial, domestic, and technological applications to shape or finish a workpiece . These are classified into natural and synthetic abrasives . The abrasives market covers a wide variety of materials used on large scale in several products in industries, such as automotive, metal fabrication, machinery, electronics, and construction.The global abrasives market was valued at $34, 615 million in 2016, and is projected to reach $53, 634 million by 2023, growing at a CAGR of 6.5% from 2017 to 2023.

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Top Key Players : Robert Bosch GmbH, 3M Company, Cosentino S.A., Saint‐Gobain Abrasives, Inc., Henkel AG & Co., KGAA, Asahi Diamond Industrial Co., Ltd., Dupont., Fujimi Incorporated, Carborundum Universal Limited.

This Abrasives Market report projects the trends and opportunities of the global abrasive market. It includes the qualitative & quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview with market growth and predict the market behavior during the forecast period. The report offers an in-depth analysis of major-winning strategies, varying dynamics, regional landscape, current market size & forecast, and market competition.

The report offers in-depth analysis of the current market trends that drive the growth of the market along with an analysis of the future market potential. The study provides market status and outlook from the point of view of market players, end industries, regions, and product types.
The report provides the major drivers that are responsible for the market growth as well as restraints that hamper the market. Moreover, the report includes an analysis of the upcoming opportunities. This analysis of the dynamic factors in the market help market players to understand the major reasons behind the ups and down in the market.

The global abrasives market is segmented on the basis of type, material, end-user industry, and geography. Based on type, it is classified into bonded, coated, and super. Based on material, it is bifurcated into natural and synthetic. Based on end-user industry, it is categorized into automotive, metal fabrication, machinery, electronics, construction, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The general applications of abrasive materials include grinding, tumbling media, cutting wheels, tool sharpening, and metal cleaning. Furthermore, industrial applications of abrasives market are peening, de-flashing, paint stripping, blast cleaning, and de-burring.

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KEY BENEFITS FOR STAKEHOLDERS
• This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist in identifying the prevailing market opportunities.
• Major countries in each region are mapped according to the individual market revenue.
• The region-wise and country-wise abrasives market conditions are comprehensively analyzed.
• This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
• An in-depth analysis of each segment of the abrasives market is provided, to assist the prevailing market opportunities.

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