Press release
Abrasive Tools Market Set to Surge - Key Insights You Must Know
Abrasive Tools MarketAbrasive Tools are products or materials, such as sandpaper, pumice, or emery, used for scraping, grinding, smoothing, or polishing. Although finishing a material also involves polishing it to achieve a smooth, reflective surface, as in satin or beaded finish, the process can often require roughening. In short, the ceramics used for cutting, scraping, and polishing other softer materials are considered abrasives.
The global Abrasive Tools market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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North American market for Abrasive Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Abrasive Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Abrasive Tools include Asahi Diamond Industrial, Robert Bosch, Jason Incorporated, Fujimi Incorporated, DuPont, Tyrolit, Saint Gobain Abrasives, Henkel and Almatis, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Abrasive Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Abrasive Tools.
By Type
• Natural
• Synthetic
By Application
• Automotive
• Heavy Machinery
• Aerospace
• Metal Fabrication
• Electronics and Electrical
Key Companies
Asahi Diamond Industrial, Robert Bosch, Jason Incorporated, Fujimi Incorporated, DuPont, Tyrolit, Saint Gobain Abrasives, Henkel, Almatis
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