Abrasive Market Outlook to 2027 : 3M Company, Cosentino, Henkel AG & Co., Murugappa Group

Abrasives are used in a diverse range of domestic, industrial, and technological application areas for shaping a work-piece. Abrasives can either be natural such as garnet, emery, corundum, and pumice or synthetic abrasives such as synthetic diamond, silicon carbide, alumina, and others. The various types of abrasives include coated, bonded, and super abrasives. Coated abrasive is attached to any material including cloth, paper, polyester, resin, or metal. Bonded abrasives are made of resin, clay, rubber, or glass.

Rise in the demand from the automotive industry has majorly fueled the growth of the global abrasive market. However, stringent government regulations and volatile raw material prises are expected to hinder the growth of the market at a noticeable extent. Growth in emerging economies is projected to be opportunistic for the market growth over the forecast period.

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Prominent Players Profiled in the Report are: 3M Company, Cosentino, Henkel AG & Co., Murugappa Group, Robert Bosch Gmbh, E.I. Du Pont De Nemours and Company, Fujimi Incorporated, Saint-Gobain, Asahi Diamond Industrial Co., Ltd., and Carborundum Universal

The report provides a detailed overview of the abrasive industry including both qualitative and quantitative information. It provides an overview and forecast of the global abrasive market based on type, material type, and application. It also includes market size and forecast till 2027 for the overall abrasive market for five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.

The report aims to provide an overview of the global abrasive market with detailed market segmentation by type, material type, application, and geography. The global abrasive market is expected to witness high growth during the forecast period.

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