Press release
Abrasives Market Market Size, Future Opportunities And Forecast To 2031| Robert Bosch GMBH, 3M Company, Saint-Gobain Abrasives Inc., Fujimi Incorporated, Henkel AG & CO. KGAA
The global abrasives market size is expected to grow from $36.65 billion in 2021 to $39.46 billion in 2022 at a compound annual growth rate (CAGR) of 7.68%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The abrasives market is expected to reach $56.59 billion in 2026 at a CAGR of 9.43%.The Business Research Company offers the Abrasives Market Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The abrasives market consists of sales of abrasives by entities (organizations, sole traders, and partnerships) that are used to shape or finish a workpiece by rubbing, resulting in the wear of a portion of the workpiece due to friction. Grinding wheels, sandpapers, honing stones, polishes, cut off wheels, tumbling and vibratory mass-finishing media, sandblasting, pulp stones, ball mills, and other instruments and items are all examples of abrasives. Industry can only generate the very exact components and ultra-smooth surfaces required in the production of automobiles, aeroplanes, and space vehicles, as well as mechanical and electrical appliances and machine equipment, using abrasives.
Some key abrasives market market players are Robert Bosch GMBH, 3M Company, Saint-Gobain Abrasives Inc., Fujimi Incorporated, Henkel AG & CO. KGAA.
The countries covered in the global abrasives market market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global abrasives market market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Abrasives Market Market Segmentation:
By Raw Material
1. Natural
2. Synthetic
By Type
1. Bonded Abrasives
2. Coated Abrasives
3. Super Precision Abrasives
4. Super Construction Abrasives
By Form
1. Block Form
2. Powdered Form
By Application
1. Grinding
2. Cutting
3. Polishing
4. Drilling
5. Finishing
By End-User
1. Automotive
2. Machinery
3. Aerospace
4. Electrical and Electronics
5. Construction
See more on the report at https://www.thebusinessresearchcompany.com/report/abrasives-market-global-market-report
The Report's Table Of Contents Includes
1. Executive Summary
2. Abrasives Market Market Characteristics
3. Abrasives Market Market Trends And Strategies
4. Impact Of COVID-19 On Abrasives Market
5. Abrasives Market Market Size And Growth
……
28. Key Mergers And Acquisitions In The Abrasives Market Market
29. Abrasives Market Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the abrasives market market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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