Grinding Wheels Market 2020 Analysis by Top Manufacturers - Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel, Camel Grinding Wheels
The global Grinding Wheels market is valued at 4327.7 million US$ in 2020 is expected to reach 5262 million US$ by the end of 2026, growing at a CAGR of 2.8% during 2021-2026.
Geographically, the consumption market is leading by Europe, Greater China and United States. In terms of year 2017, Europe holds the largest market share, with about 1106.06 Million USD sales revenue, followed by United States, with about 12.7% market share in 2017. China will keep playing important role in Global market. APAC will be the major revenue contributor to the grinding wheel market throughout the forecast period. The rising industrial and economic development along with the growth in the number of companies planning to integrate the grinding wheel technology will drive the growth of the market in this region.
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Top Leading Companies of Global Grinding Wheels Market are Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel (JP), Camel Grinding Wheels (Israel), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (England), Andre Abrasive, DK Holdings (UK), Elka (DE), Keihin Kogyosho Co., Ltd (JP), Northern Grinding Wheels and others.
March 31, 2020 - Mirka says that producers of advanced drills and end mills can look forward to better material removal and time-savings with its new HP Hybrid Bond diamond and CBN wheels. After intensive internal product development, the wheels have now been tested by several customers and the tests show good results.
"We can see that our solution allows for depths of cut and material removal capacity that cannot be reached with wheels that use standard resin or hybrid bonds. The new product uses an enhanced kind of bond for the abrasive grains, that combines metal and resin bonding," explained business manager, Mrten Eriksson at Mirka.
Global Grinding Wheels Market Split by Product Type and Applications:
This report segments the global Grinding Wheels market based on Types are:
Resinoid Bond Grinding Wheels
Vitrified Bond Grinding Wheels
Based on Application, the Global Grinding Wheels market is segmented into:
Bearing & Machinery
Global Grinding Wheels Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Grinding Wheels market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
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Important Sections from the Table of Contents:
o Global Grinding Wheels Market Overview
o Economic Impact on Industry
o Market Competition by Manufacturers
o Production, Revenue (Value) by Region
o Supply (Production), Consumption, Export, Import by Regions
o Production, Revenue (Value), Price Trend by Type
o Market Analysis by Application
o Manufacturing Cost Analysis
o Industrial Chain, Sourcing Strategy and Downstream Buyers
o Marketing Strategy Analysis, Distributors/Traders
o Market Effect Factors Analysis
o Global Grinding Wheels Market Forecast
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, Grinding Wheels Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Grinding Wheels industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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