Press release
Metal Abrasives Market Report Covers Future Trends with Research 2023-2032 | 3M Company, AirBlast-Abrasives B.V.
Metal Abrasives Market
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) @ https://bit.ly/45DgjsD
According to the report, the global metal abrasives market was valued at $6.2 billion in 2022, and is projected to reach $9.6 billion by 2032, growing at a CAGR of 4.6% from 2023 to 2032.
Based on material type, the steel segment held the highest market share in 2022, accounting for more than four-fifths of the global metal abrasives market revenue and is estimated to maintain its leadership status throughout the forecast period. This is because metal abrasives is mainly used in surface preparation, cleaning, deburring, polishing, and finishing. However, others segment is projected to manifest the highest CAGR of 5.1% from 2023 to 2032, as glass bead blasting is often used to remove surface contaminants from a variety of materials, including metals, plastics, and composites. Garnet abrasives are also commonly used as a cutting media in waterjet cutting machines.
Based on the type, the bonded abrasives segment held the highest market share in 2022, accounting for more than two-fifths of the global metal abrasives market revenue and is estimated to dominate during the forecast period. This can be attributed to the fact that metal abrasives are used in grinding, cutting, and finishing applications in metalworking, automotive, aerospace, and construction industries. However, the super abrasives segment is projected to manifest the highest CAGR of 5.2% from 2023 to 2032, as super abrasives are used to drill and shape hard rock formations, as well as to cut and shape pipes and other components used in oil and gas exploration and production
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐๐ฅ ๐๐๐ญ๐ ๐๐ง๐ ๐๐ซ๐๐ฉ๐ก๐ฌ, ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ' ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ: https://www.alliedmarketresearch.com/metal-abrasives-market/purchase-options
Based on the end-use industry, the metalworking segment held the highest market share in 2022, accounting for more than two-fifths of the global metal abrasives market revenue and is likely to retain its dominance throughout the forecast period. This can be attributed to the fact that metal abrasives is used to create a compressive stress layer on the surface of a metal part in metalworking. However, the others segment is projected to manifest the highest CAGR of 5.6% from 2023 to 2032. The growth is attributed to their unique properties such as rough texture of metal abrasives that promotes good adhesion of new coatings
Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for around two-fifths of the global metal abrasives market revenue and is expected to rule the roost in terms of revenue throughout the forecast timeframe. The segment is driven by factors such as utilization of metal abrasives in in industries such as construction, automotive, marine, and manufacturing by regulatory authorities in the Asia-Pacific region. However, the same region is expected to witness the fastest CAGR of 5.1% from 2023 to 2032. The growth is attributed to the use of metal abrasives used in surface preparation, cleaning, and finishing for various building and infrastructure projects.
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ: -
SAINT GOBAIN
3M COMPANY
FINISHING SYSTEMS, INC.
METALTEC STEEL ABRASIVE CO.
W ABRASIVES
NORITAKE CO., LTD.
KLINGSPOR ABRASIVES, INC.
CAMEL GRINDING WHEELS WORKS SARID LTD
AIR BLAST-ABRASIVES B.V.
ERVIN INDUSTRIES
The report provides a detailed analysis of these key players in the global metal abrasives market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
๐๐๐ญ๐๐ข๐ง ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.alliedmarketresearch.com/metal-abrasives-market-A16223
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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