Grinding Wheels Market: Growth, Size & Trends

The global Grinding Wheels market is projected to reach US$ 7196.1 million by 2030 from an estimated US$ 5769.9 million in 2024, at a CAGR of 3.8% during 2024 and 2030.

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Global grinding wheel key manufacturers include Klingspor, 3M, Mirka Abrasives, Noritake, Saint-Gobain, Kure Grinding Wheel, Camel Grinding Wheels and Tyrolit Group. The largest manufacturer is Saint-Gobain, with a market share of 15%. The global production sites are mainly located in North America, Europe, China, Japan, Taiwan (China), India, Australia, Southeast Asia, South America, etc. In terms of product material, resinoid bond have the largest market share with 60%, followed by vitrified bond with 35%. In terms of application, the transport industry is the top application area with 38% of the market share, followed by bearings and machinery.

By Type
Resinoid Bond
Vitrified Bond

By Application
Transport Industry
Bearing & Machinery
Construction
Steel Industry
Oil & Gas

Key Companies
Klingspor, 3M, Mirka Abrasives, Noritake, Saint-Gobain, Kure Grinding Wheel, Camel Grinding Wheels, Tyrolit Group, SHIN-EI Grinding Wheels, DSA Products, Andre Abrasive, DK Holdings, ELKA-Elastic, Keihin Kogyosho Co., Ltd, Northern Grinding Wheels, Hebei Sanfeng Abrasives, Hindustan Abrasives, GRANIT Grinding Wheel Ltd, ATLANTIC GmbH, AWUKO Abrasives, Abrasivos Manhattan SA

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This release was published on openPR.