Press release
Sandblasting Media Market Segments, Trends, Size And Competitor Assessment 2024-2033
"The new report published by The Business Research Company, titled ""Sandblasting Media Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the sandblasting media market size has grown strongly in recent years. It will grow from $8.60 billion in 2023 to $9.32 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The sandblasting media market size is expected to see strong growth in the next few years. It will grow to $12.95 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%.
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Construction Industry Surge Propels The Sandblasting Media Market Growth
The growth of the construction industry is expected to propel the growth of the sandblasting media market going forward. The construction industry refers to the sector of the economy that involves the designing, building, and maintenance of structures such as buildings, bridges, roads, and infrastructure. The surge in the construction industry can be attributed to urbanization, infrastructure development, and increased demand for residential, commercial, and industrial properties. Sandblasting media is utilized in the construction industry to remove paint, rust, and debris from surfaces, preparing them for coating or restoration and ensuring optimal adhesion and durability of structures. For instance, in November 2023, according to the Office for National Statistics, a UK-based non-ministerial institution in charge of collecting and reporting national, regional, and local economic, demographic, and social data, overall new construction work increased by £18.16 billion ($19.89 billion) in 2022, with rises of 16.8% and 13.1% for both private and public new construction, respectively. Therefore, the growth of the construction industry is driving the growth of the sandblasting media market.
Innovative Materials Shaping The Sandblasting Media Market
Major companies operating in the sandblasting media market are focusing on developing advanced solutions, such as innovative abrasive materials, to prepare surfaces and gain a competitive edge in the market. These innovative materials offer superior performance, efficiency, and sustainability across a wide range of surface preparation applications and industries. These materials can effectively remove rust, paint, coatings, and surface contaminants from various substrates, resulting in faster and more efficient surface preparation. For instance, in June 2021, Harsco Corporation, a US-based company that provides industrial services and engineered products, launched a new line of abrasive materials, the SURE/CUT innovative product line. This innovative product line aims to provide better value and environmental advantages to the blasting industry. It includes two main products, SURE/CUT Edge and SURE/CUT Velocity. SURE/CUT Edge offers reduced consumption rates and dust generation, along with low heavy metal and crystalline silica content, resulting in cost savings. SURE/CUT Velocity provides a superior cleaning rate, consumption rate, and quality of the finished product on various substrates and coatings.
The sandblasting media market covered in this report is segmented -
1) By Type: Aluminum Oxide, Silicon Carbide, Steel Grit, Steel Shot, Glass, Sodium Bicarbonate, Other Types
2) By Equipment: Heavy Abrasives, Organic Media, Soft Media, Multiple Grit Or Mesh
3) By Application: Automotive, Marine, Aerospace, Construction, Metalworking
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Major companies operating in the sandblasting media market are 3M Company, Saint-Gobain Ceramics Materials, The Chemours Company, Saber Autonomous Solutions LLC, Harsco Metals And Minerals, Prince Minerals LLC, GMA Garnet Pty Ltd, Opta Minerals Inc., Barton International Inc., Hodge Clemco Ltd., SurfacePrep, Blastrite, Crystal Mark Inc., Sinterit Sp, Abrasives Incorporated, Media Blast And Abrasives Inc., The Armakleen Company, ABShot Tecnics, Paul Auer GmbH, Ensio Resources Inc., MHG Strahlanlagen GmbH, FERVI SpA, C.B. SABBIATRICI S.R.L. , Kramer Industries Inc., Blastech Corporation
Contents of the report:
1. Executive Summary
2. Sandblasting Media Market Report Structure
3. Sandblasting Media Market Trends And Strategies
4. Sandblasting Media Market - Macro Economic Scenario
5. Sandblasting Media Market Size And Growth
…..
27. Sandblasting Media Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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