Abrasive Wheels Market expected to grow at a CAGR of 6.1% from 2018 to 2025 by DSA Products Ltd., Andre Abrasive Articles, and Saint-Gobain

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Abrasive Wheels Market to 2025 by Product (Bonded Wheels and Super Abrasive Wheels), and Material type (Aluminum Oxide, Zirconia Alumina, Silicon carbide, and Ceramic Aluminum Oxide) - Global Analysis and Forecast

Abrasive wheels market is expected to grow US$ 16,400.0 million by 2025 from US$ 10,280.8 million in 2017. The sales of abrasive wheels are largely influenced by numerous factors. The major factors that are fueling the growth of the market are substantial growth of the automotive industry, research & development, and technological advancement in the field of abrasives wheels in order to produce more efficient products. On the basis of product, bonded wheels are dominating the global abrasive wheels market owing to its high efficiency and its ability to hold abrasive grains within the wheel structure.

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The leading market players mainly include-
3M Company, Super Abrasives Inc., Saint-Gobain, NORITAKE Co., Limited, KLINGSPOR Abrasives, Inc., DSA Products Ltd., Andre Abrasive Articles, DEERFOS, Camel Grinding Wheels Works Sarid LTD, TYROLIT Group

The competitive dynamics in the abrasive wheels market is anticipated to change during the coming years with the entry of new players. Majority of the companies are located in the Asia-Pacific region as well as in Europe However, new players are emerging in the developing countries particularly in the Asia Pacific. High penetration of the market is noticed in developing countries however, developed economies are also witnessing an increase in the usage of these wheels in several manufacturing industries such as automotive, foundries, and shipbuilding among others. China, U.S., and Germany hold substantial global market share, China being in the first position.

Aluminum oxide is the most preferred material which oxide is tough, economical, & fractures resistance which is one of the most commonly used abrasive. It is widely used owing to its hardness & strength and considered as a less expensive substitute for industrial diamond. Owing to technological innovation and changing needs of the industry, several companies in this market are involved in research & development to deliver a reliable supply of high-quality aluminum oxide materials. In 2017, the aluminum oxide segment dominated the global abrasive wheels market and it is anticipated to continue its lead during the forecast period.

The overall market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the global abrasive wheels market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, the primary interview was conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultant such as valuation experts, research analysts, and key opinion leaders specializing in the logistics industry.

The target audience for the report on the Abrasive Wheels market
• Manufactures
• Market analysts
• Senior executives
• Business development managers
• Technologists
• R&D staff
• Distributors
• Investors
• Governments
• Equity research firms
• Consultants

Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Abrasive Wheels Market.

- Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.

- The key findings and recommendations highlight crucial progressive industry trends in the Abrasive Wheels Market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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Table of Contents:
1 Table of Contents
2 Introduction
3 Key Takeaways
4 Market Landscape
5 Abrasive Wheels Market – Qualitative Analysis
6 Global Abrasive Wheels Market – Key Industry Dynamics
7 Abrasive Wheels Market – Global
8 Global Abrasive Wheels Market Analysis – By Product
9 Global Abrasive Wheels Market Analysis – By Material Type
10 Global Abrasive Wheels Market – Geographical Analysis
11 Competitive Landscape
12 Global Abrasive Wheels Market – Key Company Profiles
13 Appendix

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