Press release
Global Super Abrasive Market 2026:Comprehensive Analysis By Top Companies Like Asahi Diamond Industrial Co.,Ltd,Guangdong CHANWAY INDUSTRIAL Co., Ltd,SUPER ABRASIVES, Saint-Gobain,Eagle Superabrasives & Others
Global super abrasive market is set to witness a substantial CAGR of 7.71% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Growth in manufacturing sector and rising demand for machining and precision tools are the factor for the growth of this market.The super abrasive market research study gives a deep insight on the current and future trends of the market along with the opportunities for the new players who are in process of entering the market. Market dynamic analysis such as market drivers, market restraints are explained thoroughly in the most detailed and easiest possible manner. The companies can also find several recommendations to improve their business on the global scale. Several key insights can be extracted via this report such as market size of varied products and application along with their market share and growth rate.
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Few of the major competitors currently working in the global super abrasive market are 3M, Asahi Diamond Industrial Co.,Ltd., Carborundum Universal Limited, Guangdong CHANWAY INDUSTRIAL Co., Ltd., Eagle Superabrasives, VSM AG, TOYODA VAN MOPPES LTD, SUPER ABRASIVES, Radiac Abrasives, KURE GRINDING WHEEL, Mirka Ltd., NORITAKE CO.,LIMITED, Saint-Gobain, SuperAbrasives, Inc., ADVANCED SUPERABRASIVES, INC, Euro Superabrasives Limited., EFS SUPER ABRASIVES, Shannon Abrasives., Midland Abrasives, P.B.R. Abrasives (W'ton) Limited and others.
Market Drivers:
Rising demand from the automobile industry will drive the growth of the market
Replacement of conventional abrasives by super abrasive will also enhance the market growth
Increasing demand for machinery and tools will also propel the growth of this market
Growing government initiatives to promote construction activities will also contribute as a factor for the growth of the market
Market Restraints:
High investment cost will also restrain the market growth
Requirement of advanced technologies will also hinder the market growth
Volatility in the price of the raw material will also restrict its growth in the market.
Major Topics Covered in this Report:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
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Segmentation: Global Super Abrasive Market
By Material
Diamond
Vitrified Diamond
Electroplated Diamond
Resin Bond Diamond
Metal Diamond
Cubic Boron Nitride
Vitrified CBN
Electroplated CBN
Resin Bond CBN
Metal CBN
By End- User
Aerospace
Automotive
Medical
Electronics
Oil and Gas
Other
By Application
Powerstrain
Bearing
Gear
Tool Grinding
Turbine
Other
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Market:
In June 2019, 3M announced the acquisition of Diamond Productions Inc which will help the company to strengthen their stone processing application. This combination will help both the companies. The combination of 3 M and DPI expands the ability to include stone, marble and concrete to dimension hard-to-grind products. This will also help the 3M to expand their cutting and grinding capabilities
In June 2017, Mirka Ltd. announced that they have acquired Cafro S.p.A. This acquisition will help the company to strengthen them in the area of the precision grinding and with new technologies the company will be able to provide better surface finishing and grinding solutions to their customers. This will also help the company to strengthen their position in the market
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Data Bridge Market Research
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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