Press release
Metal Polishing Compound Market to Grow USD 12.1 Billion by 2030, Driven by a 5.63% CAGR
The ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ was valued at USD 8.4 billion in 2023 and is projected to grow at a CAGR of 5.63% from 2023 to 2030, reaching approximately USD 12.1 billion by 2030. This growth is fueled by rising demand from industries such as automotive, aerospace, and jewelry manufacturing.๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Metal Polishing Compounds are specialized materials used to enhance the appearance of metal surfaces by removing imperfections, scratches, and tarnishes, restoring shine and luster. Available in various forms, such as pastes, powders, and liquids, these compounds are integral to industries like jewelry, automotive, and electronics manufacturing. The market is expanding due to increased demand for high-quality finishes and enhanced aesthetics, particularly in industrial applications. North America leads the market, supported by advanced technology and a robust industrial base.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/metal-polishing-compound-market/2485
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
The rising demand from the jewelry and automotive industries is driving the Metal Polishing Compound Market. In the jewelry sector, polishing compounds are essential for achieving a flawless finish, restoring luster, and protecting metals from oxidation and rust. Similarly, in the automotive industry, these compounds play a critical role in enhancing the aesthetic appeal, performance, and durability of components such as wheels, trims, and exhaust systems. As industries prioritize aesthetics and functionality, the demand for advanced polishing solutions continues to grow.
๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The increasing focus on high-quality and environmentally friendly polishing compounds is a significant trend shaping the Metal Polishing Compound Market. With the rise of sustainability initiatives, manufacturers are developing eco-friendly compounds that deliver superior finishes while minimizing environmental impact. Additionally, the growing popularity of DIY projects and renovation activities has increased demand for user-friendly polishing compounds. Innovations in materials and formulations, such as advanced aluminum oxide and silica-based compounds, are further driving adoption across diverse industrial and consumer applications.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/metal-polishing-compound-market/2485
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's growing manufacturing and construction sectors are driving demand for metal polishing compounds. Local manufacturers like Vietnam Polishing Co. are collaborating with global players to introduce high-quality abrasive solutions. The government's focus on industrialization and export-driven growth is further supporting the market.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's robust automotive and jewelry industries have boosted the demand for metal polishing compounds. Thai Abrasive Co. has partnered with Saint-Gobain Abrasives to supply advanced polishing products to key industries. Efforts to modernize production facilities are accelerating market growth.
๐๐๐ฉ๐๐ง: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Japan's emphasis on precision and high-quality finishes has made it a leader in the metal polishing compound market. Companies like Matsui Abrasive Co. are investing in nanotechnology-based compounds to cater to advanced applications in the aerospace and electronics industries. Recent trends include eco-friendly formulations and high-performance solutions.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ
South Korea has seen notable consolidations to enhance its competitive edge in the metal polishing industry. LG Chem acquired Hwa-Seong Abrasives to expand its product range and production capacity. These consolidations aim to streamline operations and foster innovation in high-precision polishing solutions.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's strategic position as a global trade hub has boosted the adoption of metal polishing compounds in various industries. Singapore Abrasive Co., in collaboration with 3M, has launched high-efficiency polishing solutions tailored for the marine and construction sectors. Technological advancements are modernizing production methods and enhancing product efficiency.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US remains a dominant player in the metal polishing compound market, driven by its strong automotive, aerospace, and industrial base. Companies like Norton Abrasives and Menzerna USA are expanding their product portfolios with advanced and environmentally friendly compounds. Recent collaborations with key manufacturers aim to meet rising demand for polished metal finishes.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Europe's focus on sustainability and advanced manufacturing technologies is shaping the metal polishing compound market. Leading companies like Henkel and Rupes are introducing bio-based and energy-efficient compounds. The acquisition of GreenPolish Technologies by Flexovit highlights Europe's commitment to innovation and eco-friendly solutions.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/metal-polishing-compound-market/2485
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
By Type
Aluminium Oxide
Rouge
Tripoli
Others
By End User
Industrial
Jewelry
Others
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/metal-polishing-compound-market/2485 ๏ปฟ
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ญ๐๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
3M Company (US)
DuPont (US)
Saint-Gobain (France)
Norton Abrasives (Saint-Gobain) (France)
Parker Hannifin Corporation (US)
Allied High Tech Products, Inc. (US)
Polishing Compounds Ltd (UK)
Micro Surface Finishing Products, Inc. (US)
Fabulustre (US)
Griton (Germany)
Coltene Whaledent (Switzerland)
Drexler (Germany)
Abrasive Technology (US)
Kingbright International Inc. (Taiwan)
Suhner Abrasive Expert AG (Switzerland)
Raymond Grinding Mill (China)
Compounds & Polishing Ltd (UK)
AB Polishing (Itlay)
G.K. CHEMICALS (India)
Wilson Tools (US)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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