Bonded Abrasives Industry | Share, Types, Region and Competition Analysis with Forecast to 2025
Bonded Abrasives Market is all set to witness a Significant growth of USD~18.1 billion with CAGR of ~5.2 % until 2022
Bonded Abrasives Market Definition:
Bonded Abrasives is Expected to witness a significant growth of USD~18.1 billion by 2022 with CAGR of ~5.2 % between 2016 and 2022.
Bonded abrasives can be segmented on the basis of end user industry into the following categories including automobile, shipbuilding, construction, general metalworking, and others. On the basis of application bonded abrasives segmented in to precision grinding, cutting, rough grinding, fabrication, polishing, and others.
Bonded Abrasives Top Key Players:
- Carborundum Universal Limited
- Flexovit
- SAK Abrasives Limited
- Marrose Abrasives
- Grinding Techniques
- SAK Abrasives Limited
- Buffalo Abrasives Inc
The report for Global Bonded Abrasives Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.
Bonded Abrasives Global Market Regional Analysis:
Geographically, Asia-Pacific region leads the global bonded abrasives market. China being largest consumer of bonded abrasives dominates the market segment. Rapid industrialization and huge demand from automotive and construction activities is likely to drive the bonded abrasives market growth.
Growing demand for precision grinding, fabrication, polishing facility and others industrial application in China, India, Thailand and Indonesia has boosted the bonded abrasives market demand. The Second largest global bonded abrasives market is North America followed by Europe.
Bonded Abrasives Global Market:
Regular maintenances of the workshops further boost the overall demand for the Bonded Abrasives Market The increasing use of the bonded abrasives for de-scaling and for the rust and dust removal has augmented the overall growth for the bonded abrasives market. The bonded abrasives are also widely used in the medical sector. Bonded abrasives are used to sharpen the dental tools. The bonded abrasives are also used for smoothening of the edges of the dental tools such that it is extremely convenient for the doctors to use the dental tools on the patients.
Bonded Abrasives Global Market Segmentation
Bonded Abrasives Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Types: Comprises Depressed Center Wheels, Cup-Shaped Wheels, Recessed Or Relieved, Wheels, Tapered Body Wheel.
Segmentation by Application: Comprises - Precision Grinding, Cutting, Rough Grinding, Fabrication, Polishing, and others.
Segmentation by End Users: Comprises - Automobile, Shipbuilding, Construction, General Metalworking, and others.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Intended Audience
- Bonded Abrasives manufacturers
- Traders and distributors of Bonded Abrasives
- Production Process industries
- Potential investors
- Raw material suppliers
- Nationalized laboratory