Global Abrasive Wheels Market 2020 – 3M Company, Saint-Gobain, Super Abrasives, Noritake

Abrasive Wheels Market to 2025 – Global Analysis and Forecasts by Product (Bonded Wheels and Super Abrasive Wheels), and Material Type (Aluminum Oxide, Zirconia Alumina, Silicon Carbide, and Ceramic Aluminum Oxide)
 
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The Insight Partners: Rapid growth in automotive industry will drive abrasive wheels market by 2025 with a CAGR of 6.1%.

The “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”. The scope of study involves understanding on the factors responsible for this growth of abrasive wheels market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant abrasive wheels players in the market and their key developments.

Browse market data tables and in-depth TOC of the Global Abrasive Wheels Market (2016–2025)

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Abrasive Wheels Market to 2025 – Global Analysis and Forecast by Product and Material Type. Abrasive wheels market is expected to grow to US$ 16,400.0 million by 2025 from US$ 10,280.8 million in 2017. Abrasive wheels are witnessing high growth in their use, owing to the significant growth in automotive industry that replaced traditional machining and milling in the manufacturing of automotive parts. Moreover, implementation of grinding process reduces overall production and several advances in abrasive wheel process & material made this technology suitable for range of automotive manufacturing applications.

Abrasive wheels are widely adopted in range of application such as automotive, aerospace, metal casting, and ship building including many others. Automotive segment represents a noteworthy demand for abrasive wheels owing to rise in vehicle production mainly in developing countries. Moreover, rise in popularity of centerless grinders which leads to new abrasive developments. Employment of novel features such as numerical control programmable controls in centerless grinding making it easier to set up equipment.

The global abrasive wheels market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. Asia-Pacific region is expected to account for the largest share of the global abrasive wheels market in 2017, followed by North America. China being key country in Asia-Pacific region will lead abrasive wheels market in this region and is also expected to continue dominance throughout the forecast period from 2018 to 2025. The key players profiled in the report are 3M Company, Saint-Gobain, Super Abrasives, Noritake, Klingspor Abrasives, DSA Products Ltd., Andre Abrasive Articles, Deerfos, Camel Grinding Wheels, and Tyrolit Group.

Abrasive Wheels Market, Global Breakdown by Regions, 2017 (%)

Source: The Insight Partners Analysis, August 2017

The report segments the global abrasive wheels market as follows:

• Global Abrasive Wheels Market – By Product
o Bonded Wheels
 Vitrified
 Resinoid
 Shellac
 Others
o Super Abrasive Wheels
• Global Abrasive Wheels Market – By Material Type
o Aluminum Oxide
o Zirconia Alumina
o Silicon carbide
o Ceramic Aluminum Oxide
o Others
• Global Abrasive wheels Market – By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o France
o Germany
o Italy
o Spain
o U.K
• Asia Pacific (APAC)
o Australia
o China
o India
o Japan
• Middle East & Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
• South America (SAM)
o Brazil

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