Report Detail
Global Abrasives Market Growth 2019-2024
- RnM2895473 |
- 07 February, 2019 |
- Global |
- 158 Pages |
- LPI(LP Information) |
- Other
An abrasive is a material, often a mineral, that is used to shape or finish a workpiece through rubbing which leads to part of the workpiece being worn away by friction. While finishing a material often means polishing it to gain a smooth, reflective surface, the process can also involve roughening as in satin, matte or beaded finishes. In short, the ceramics which are used to cut, grind and polish other softer materials are known as abrasives.
In terms of volume, the Sales of Abrasives was about 4873.67 K Tons in 2016. And it is anticipated to reach 7689.43 K Tons by 2022. Global abrasives market is expected to grow significantly over the forecast period owing to the rising demand from automobiles, medical device along with electronic equipments. Abrasives are generally classified into natural and synthetic adhesives.
The key players are Saint-Gobain, 3M, Murugappa Group, Tyrolit, Noritake, Asahi, Huanghe hirlwind, Hermes Schleifmittel, Husqvarna, Bosch, Fujimi, Pferd, Sharpness, Rhodius, Klingspor, Suhner Group, Dronco (Osborn). Saint-Gobain, 3M are the global leader.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the Abrasives market will register a 6.2% CAGR in terms of revenue, the global market size will reach US$ 16200 million by 2024, from US$ 11300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Abrasives business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Abrasives market by product type, application, key manufacturers and key regions and countries.
This study considers the Abrasives value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Bonded Abrasives
Coated Abrasives
Super Abrasives
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Machinery
Metal Fabrication
Electrical & Electronics
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Saint-Gobain
3M
Murugappa Group
Tyrolit
Noritake
Asahi
Huanghe Whirlwind
Hermes Schleifmittel
Husqvarna
Bosch
Fujimi
Pferd
Sharpness
Rhodius
Klingspor
Suhner Group
Dronco (Osborn)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Abrasives consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Abrasives market by identifying its various subsegments.
Focuses on the key global Abrasives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Abrasives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Abrasives submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Abrasives Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Abrasives Consumption 2014-2024
- 2.1.2 Abrasives Consumption CAGR by Region
- 2.2 Abrasives Segment by Type
- 2.2.1 Bonded Abrasives
- 2.2.2 Coated Abrasives
- 2.2.3 Super Abrasives
- 2.3 Abrasives Consumption by Type
- 2.3.1 Global Abrasives Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Abrasives Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Abrasives Sale Price by Type (2014-2019)
- 2.4 Abrasives Segment by Application
- 2.4.1 Automotive
- 2.4.2 Machinery
- 2.4.3 Metal Fabrication
- 2.4.4 Electrical & Electronics
- 2.4.5 Others
- 2.5 Abrasives Consumption by Application
- 2.5.1 Global Abrasives Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Abrasives Value and Market Share by Application (2014-2019)
- 2.5.3 Global Abrasives Sale Price by Application (2014-2019)
3 Global Abrasives by Players
- 3.1 Global Abrasives Sales Market Share by Players
- 3.1.1 Global Abrasives Sales by Players (2017-2019)
- 3.1.2 Global Abrasives Sales Market Share by Players (2017-2019)
- 3.2 Global Abrasives Revenue Market Share by Players
- 3.2.1 Global Abrasives Revenue by Players (2017-2019)
- 3.2.2 Global Abrasives Revenue Market Share by Players (2017-2019)
- 3.3 Global Abrasives Sale Price by Players
- 3.4 Global Abrasives Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Abrasives Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Abrasives Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Abrasives by Regions
- 4.1 Abrasives by Regions
- 4.1.1 Global Abrasives Consumption by Regions
- 4.1.2 Global Abrasives Value by Regions
- 4.2 Americas Abrasives Consumption Growth
- 4.3 APAC Abrasives Consumption Growth
- 4.4 Europe Abrasives Consumption Growth
- 4.5 Middle East & Africa Abrasives Consumption Growth
5 Americas
- 5.1 Americas Abrasives Consumption by Countries
- 5.1.1 Americas Abrasives Consumption by Countries (2014-2019)
- 5.1.2 Americas Abrasives Value by Countries (2014-2019)
- 5.2 Americas Abrasives Consumption by Type
- 5.3 Americas Abrasives Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Abrasives Consumption by Countries
- 6.1.1 APAC Abrasives Consumption by Countries (2014-2019)
- 6.1.2 APAC Abrasives Value by Countries (2014-2019)
- 6.2 APAC Abrasives Consumption by Type
- 6.3 APAC Abrasives Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Abrasives by Countries
- 7.1.1 Europe Abrasives Consumption by Countries (2014-2019)
- 7.1.2 Europe Abrasives Value by Countries (2014-2019)
- 7.2 Europe Abrasives Consumption by Type
- 7.3 Europe Abrasives Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Abrasives by Countries
- 8.1.1 Middle East & Africa Abrasives Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Abrasives Value by Countries (2014-2019)
- 8.2 Middle East & Africa Abrasives Consumption by Type
- 8.3 Middle East & Africa Abrasives Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Abrasives Distributors
- 10.3 Abrasives Customer
11 Global Abrasives Market Forecast
- 11.1 Global Abrasives Consumption Forecast (2019-2024)
- 11.2 Global Abrasives Forecast by Regions
- 11.2.1 Global Abrasives Forecast by Regions (2019-2024)
- 11.2.2 Global Abrasives Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Abrasives Forecast by Type
- 11.8 Global Abrasives Forecast by Application
12 Key Players Analysis
- 12.1 Saint-Gobain
- 12.1.1 Company Details
- 12.1.2 Abrasives Product Offered
- 12.1.3 Saint-Gobain Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Saint-Gobain News
- 12.2 3M
- 12.2.1 Company Details
- 12.2.2 Abrasives Product Offered
- 12.2.3 3M Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 3M News
- 12.3 Murugappa Group
- 12.3.1 Company Details
- 12.3.2 Abrasives Product Offered
- 12.3.3 Murugappa Group Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Murugappa Group News
- 12.4 Tyrolit
- 12.4.1 Company Details
- 12.4.2 Abrasives Product Offered
- 12.4.3 Tyrolit Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Tyrolit News
- 12.5 Noritake
- 12.5.1 Company Details
- 12.5.2 Abrasives Product Offered
- 12.5.3 Noritake Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Noritake News
- 12.6 Asahi
- 12.6.1 Company Details
- 12.6.2 Abrasives Product Offered
- 12.6.3 Asahi Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Asahi News
- 12.7 Huanghe Whirlwind
- 12.7.1 Company Details
- 12.7.2 Abrasives Product Offered
- 12.7.3 Huanghe Whirlwind Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Huanghe Whirlwind News
- 12.8 Hermes Schleifmittel
- 12.8.1 Company Details
- 12.8.2 Abrasives Product Offered
- 12.8.3 Hermes Schleifmittel Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Hermes Schleifmittel News
- 12.9 Husqvarna
- 12.9.1 Company Details
- 12.9.2 Abrasives Product Offered
- 12.9.3 Husqvarna Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Husqvarna News
- 12.10 Bosch
- 12.10.1 Company Details
- 12.10.2 Abrasives Product Offered
- 12.10.3 Bosch Abrasives Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Bosch News
- 12.11 Fujimi
- 12.12 Pferd
- 12.13 Sharpness
- 12.14 Rhodius
- 12.15 Klingspor
- 12.16 Suhner Group
- 12.17 Dronco (Osborn)
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Abrasives . Industry analysis & Market Report on Abrasives is a syndicated market report, published as Global Abrasives Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Abrasives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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