Press release
Non-Woven Abrasive Market has been segmented on the basis of target substrate, end use, and region
Market Overview:Non-Woven Abrasive are generally made up of an open nylon filament web to which abrasive grain is bonded. It exhibits many advantageous properties such as greater resilience, comfort, resistance to water, and non-rusting anility, which driving its use in portable grinding, sanding and finishing operations. Abrasives are used very extensively in a wide variety of industrial, domestic, and technological applications. Common uses for abrasives include grinding, polishing, buffing, honing, cutting, drilling, sharpening, smoothening, lapping, and sanding of the substrate. Non-Woven Abrasive are primarily used for cleaning and finishing the metal. It plays a major role to give surface finish and shape to the required material. The Global Abrasive Market is to growing at higher CAGR of nearly 6.5% during the review period, which is expected to fuel demand of the product. The Global transportation Industry is the largest consumer of Non-Woven Abrasive, as of 2016 and is estimated grow at the highest CAGR on account of ever increasing trade around the world during the forecast period. Increasing demand of electronic devise with an advent of digitization and handset penetration. In addition to this electrical industry is fetching significant share of overall demand of the product to help push growth of the market forward.
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Regional Analysis:
Asia Pacific, Europe, North America, Europe, Middle East & Africa, and Latin America are the five key regions in which the Global Non-Woven Abrasive Market is divided. Among these regions, Asia Pacific is growing at the highest CAGR region in the Global Non-Woven Abrasive Market. It accounts for over 40% share of the overall Non-Woven Abrasive Market. India, Japan and China are the leading markets in this region due to growing demand of the product by emerging end use industries in this region such as electrical & electronics and automotive, along with building & construction. North America is the second largest region, in terms of market size, with U.S. holding major share of the regional market. Growth of the market in this region is attributed to the growing transportation industry and reconstruction activities in this region. Following North America, Europe is a significant region, in the Global Non-Woven Abrasive Market. Germany, U.K., France and Italy are the contributors to the regional market. The overall production of vehicle in the world is dominated by Europe and it is expected to increase further during the forecast period to boost demand of Non-Woven Abrasive in this region. The Middle East & Africa is projected to grow at a considerable CAGR owing to the increasing construction activities and rapidly growing sports industry during the forecast period. Lastly, Latin America is anticipated to gain momentum to join hands with leading regions in the Global Non-Woven Abrasive Market.
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Key Points from Table of Contents:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Non-woven abrasive Market
6 Market Trends
7. Global Non-woven abrasive Market by Target substrate
8. Global Non-woven abrasive Market by End use
9. Global Non-woven abrasive Market by Region
10. Company Landscape
11. Company Profiles
11.1 3M
11.1.1 Company Overview
11.1.2 Target substrate/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 Saint-Gobain 1998-2017
11.2.1 Company Overview
11.2.2 Target substrate/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 Mirka Ltd
11.3.1 Company Overview
11.3.2 Target substrate/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.4 sia Abrasives Industries AG
11.4.1 Company Overview
11.4.2 Target substrate/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
12. Conclusion
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