Press release
Steel Abrasive Market Rising Trends, Demand and Business Outlook 2021 to 2027| W Abrasives, Airblast, BlastOne, Global Finishing Solutions, Marco Group International
Global Steel Abrasive Sales Market Report 2021Steel Abrasive Market research performs thorough market analysis and uses a variety of sources to provide key players with wide-ranging knowledge about industry strategies. This analysis concentrates more on current trends, market scenario along with depicting dynamic methods and key advancements. All these factors greatly help leading industries to get an advantage over competitive market and leverage their position in the market. Key players of the market focus on following some key strategies such as mergers, acquisitions, collaborations and novel product launches. It further captures actions and plans followed by the competitors in the market to make their business gainful. Steel Abrasive Market study discusses about how COVID-19 pandemic affected market growth globally.
The Global Steel Abrasive market is expected to register a CAGR of 10.23 % during the forecast period (2021- 2027).
The report introduces the market competition landscape and a detailed analysis of the major suppliers/key players in the market.
Top companies in the global Steel Abrasive market: W Abrasives, Airblast, BlastOne, Global Finishing Solutions, Marco Group International, Abrasives Inc., Chesapeake Specialty Products, Vulkan INOX GmbH, KrampeHarex, Metaltec Steel Abrasive, BLASTRAC, Abrasive Shot, Airblast Abrasives, Surface Finishing E
INDUSTRY NEWS
3M announced today that it has acquired Standard Abrasives, a manufacturer of coated abrasive specialties and non-woven abrasive products for the metalworking industry. Terms of the transaction were not disclosed.
The addition of Standard Abrasives further enhances 3M’s ability to bring high value solutions to customers in the metalworking industry around the world. “With this acquisition we are joining two great abrasive companies and brands, both of us successful, and both of us with proud histories of innovation that are now coming together to drive towards a very bright future,” said Chris Holmes, vice president and general manager, 3M Abrasive Systems Division.
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MARKET OVERVIEW
Steel abrasives can be defined as particles of steel with high carbon content, which are used across various industries for grinding, cleaning the hard surface, abrading, scouring, polishing, and to remove solid materials by the action of rubbing. Steel abrasives help to provide shape and surface finish to the material. They are available in different shapes and sizes depending upon the need. Key attributes of steel abrasives are grain size, hardness, toughness, and purity in terms of absence of oxides. Steel abrasives are used in construction, automotive, electronics, and manufacturing industries to prepare a superior polished surface finish.
The global Steel Abrasive market is divided by product type and application:
The report breaks down the global Steel Abrasive market according to the following types:
Steel Shot
Steel Grit
According to the application, the global Steel Abrasive market can be subdivided into:
Water Jet Cutting
Abrasive Blasting
Water Filtration
Abrasive Powders
Others
Regional Outlook of the Steel Abrasive market:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia and Italy)
Asia Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE) , Egypt, Nigeria and South Africa)
REGIONAL ANALYSIS
Asia Pacific is expected to be the largest market for steel abrasives as it has shown significant growth in industrial application in the last five years. Some of the major economies with high growth potential for the market include India, China, Russia, Brazil, and South America.
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The Influence of the Steel Abrasive market report:
-Comprehensive assessment of all opportunities and risks in the Steel Abrasive market.
-The latest innovations and major events in the Steel Abrasive market.
-Research in detail the business strategy of leading enterprises in the Steel Abrasive market.
-Conclusive research on the growth chart of the Steel Abrasive market in the next few years.
-In-depth understanding of the Steel Abrasive market, especially the driving factors, constraints and major micro-markets.
-Have a good impression on the important technologies of the Steel Abrasive market and the latest market trends.
Browse the report description and table of contents:
https://www.marketintelligencedata.com/reports/568586/global-steel-abrasive-sales-market-report-2021?Mode=Radhika
Key Highlights of the Steel Abrasive Market Report
Market Segments and other perspectives have been studied across 3600 perspectives
Both Supply and Demand-side mapping has been done to understand the market scenario
We have used data triangulation to derive the market numbers
Our data and analysis have been verified through C-level Executives while conducting primary interviews
Porter’s Five Forces Analysis, Swot, Analysis, PEST Analysis, Value Chain Analysis and Market Attractiveness would be an added advantage in the report
Historical Year: 2016; Base Year: 2021; Forecast Years: 2021 – 2027
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