The report gives the clear picture of current Abrasives Market scenario and the predicted future of the industry. The report focuses on the basis of market drivers, restraints, growth, trends and forecast for the period of 2017-2024. In addition, the report also maps the market performance by value chain analysis which will help in better product differentiation along with the analysis of each segment in terms of opportunity, market attractiveness index and growth rate. Abrasives are inorganic material used for rubbing and shaping the workpieces. These finishing functions provide smooth and reflective surface. Generally, they are used in grinding, polishing, buffing, honing, cutting, drilling, sharpening, lapping, and sanding.
The major market drivers are rising demand for automobiles, increasing production of electronic equipment and growing medical device market. The market growth might be restricted due to stringent regulations on the use of silica abrasives and volatile raw material prices under the study period.
This report examines the global abrasives market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2017 to 2024. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period. Report includes a detailed analysis on value chain in order to provide a holistic view of the abrasives market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the abrasives industry, from raw material suppliers to end-users.
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Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints. The abrasives market has further been segmented based on products such as bonded abrasives, coated abrasives, raw superabrasives, steel abrasives, loose abrasive grains and others including nonwoven abrasives, etc. The study provides forecast and estimates market for each product in terms of revenue and volume during the forecast period from 2017 to 2024. Each product has been further analyzed based on regional and country levels from 2016 to 2022 in terms of volume and revenue.
The report also offers a competitive landscape of the overall market with company profiles of players such as 3M Company, DuPont, Henkel AG & Co. KGaA, Robert Bosch GmbH, Saint Gobain SA and TYROLIT Schleifmittelwerke Swarovski KG. In terms of geography, the abrasives market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
Table Of Contents – Overview
1.Introduction
2.Executive Summary
3.Market Analysis
4.Abrasives Market Analysis By Products
5.Abrasives Market Analysis By End-Users
6.Abrasives Market Analysis By Region
7.Competitive Landscape Of Abrasives Companies
8.Company Profiles Of Abrasives Industry
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