Metal Abrasives Market to Grow at Robust 38.2% CAGR Through 2032

According to a recent report published by Allied Market Research, titled "Metal Abrasives Market By Material, Type, and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2022-2032", 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.

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Segment Insights:

By Material Type

- Steel held over 80% of the market share in 2022, driven by widespread use in cleaning, deburring, and polishing.

- The Others segment (including glass beads, garnet, etc.) is expected to grow at the highest CAGR of 5.1% due to rising applications in waterjet cutting and surface cleaning of composites and plastics.

By Type

- Bonded Abrasives dominated the market in 2022 with more than 40% share, owing to their use in grinding, cutting, and finishing.

- Super Abrasives are anticipated to grow at the fastest CAGR of 5.2%, supported by demand from oil & gas and hard rock drilling sectors.

By End-Use Industry

- Metalworking was the leading segment in 2022, accounting for over 40% of revenue, supported by applications in compressive stress creation and surface prep.

- The Others category (e.g., marine, electronics) is forecast to exhibit the highest CAGR of 5.6%, due to favorable coating adhesion and rising industry adoption.

Regional Highlights:

Asia-Pacific held the largest market share (~40%) in 2022 and is expected to remain dominant through 2032.

The region is also projected to grow at the fastest CAGR of 5.1%, propelled by expanding construction, automotive, and manufacturing sectors.

Key Market Players:

- 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

These players are actively engaged in product launches, expansions, collaborations, and strategic agreements to strengthen their market positions and global reach.

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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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