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Bonded Abrasives Market is anticipated to expand at a compound annual growth rate (CAGR) XX% from 2021 to 2031

08-19-2022 10:14 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global Insight Services

Bonded Abrasives Market is anticipated to expand at a compound

New York, Global Bonded Abrasives Market report from Global Insight Services is the single authoritative source of intelligence on Bonded Abrasives Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Read more about Bonded Abrasives Market here: https://www.globalinsightservices.com/reports/bonded-abrasives-market/

Bonded Abrasives are abrasive products manufactured by bonding abrasive grains to a substrate or backing. Bonded abrasives are used in a wide variety of grinding, lapping, polishing, and finishing applications. Typical substrates include paper, cloth, vulcanized fiber, and metal. The grains used include aluminum oxide, silicon carbide, diamond, and cubic boron nitride. The bond is typically a vitrified or resin bond, and the abrasive products are usually classified according to the type of bond.

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Key Trends
Bonded Abrasives technology is constantly evolving in order to meet the demands of the end users. The key trends in this technology are:

1. Increased demand for higher-performing products: There is an increasing demand for bonded abrasives that can offer higher performance in terms of longer life and higher removal rates. This is especially true in the automotive and aerospace industries where production costs are a major concern.

2. Development of new bonding materials: In order to meet the demands of the end users, manufacturers are constantly developing new bonding materials. These new materials are designed to offer improved performance and longer life.

3. Increased focus on safety: With the increased focus on safety in the workplace, there is a need for bonded abrasives that are less likely to cause injuries. This has led to the development of new products that are safer to use.

4. Improved environmental performance: There is a growing concern for the environment and the impact that bonded abrasives can have on it. As a result, manufacturers are developing products that are more environmentally friendly.

Key Drivers
Bonded Abrasives are a type of abrasive product that consists of abrasive grains held together by a bonding material. Bonded Abrasives are used in a variety of applications, including grinding, cutting, polishing, and finishing.

The key drivers of the Bonded Abrasives market are the increasing demand from the automotive and aerospace industries, and the growing construction industry in Asia-Pacific and Latin America. The automotive and aerospace industries use Bonded Abrasives for a variety of applications, such as grinding, cutting, and finishing.

The construction industry is a major consumer of Bonded Abrasives, as they are used for grinding and cutting concrete and stone.

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Market Segments
The Bonded Abrasives Market is segmented by application, end-use industry, and region. By application, the bonded abrasives market is bifurcated into precision grinding, rough grinding, cutting, polishing, others. By category, it is classified into automotive, aerospace, construction, marine, others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players
The Bonded Abrasives Market includes players such as Abrasives Manhattan SA, Andre Abrasive Articles, Ashland Global Holdings Inc., PFERD Inc., Carborundum Universal Ltd., Compagnie de Saint Gobain SA, Great Lakes Minerals, LLC, Hermes Schleifmittel GmbH, Karbosan, and KLINGSPOR Abrasives Inc.

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With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Excel data pack included with all report purchases
- Robust and transparent research methodology

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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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