Bonded Abrasives Industry Global Market Size, Share, Growth Factors, Business Development, Segments, Emerging Trends and Forecast 2023

Bonded Abrasives Market Research Future adds “Bonded Abrasives Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.

Global Bonded Abrasives Market is expected to grow at ~5.2% CAGR during 2016-2022

Global Bonded Abrasives Market Introduction

Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Bonded Abrasives market size is expected to grow at USD ~18.1 billion by 2022. The market witnessed a significant growth over the forecasted period owing to growing applications such as precision grinding, cutting, rough grinding, fabrication, polishing, and others across various industries.

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. The growing automobile industry is expected to boost the overall growth of the bonded abrasives market specifically in APAC region. Bonded abrasives are widely used in the required surface finish such as lapping, grinding, honing, and polishing and the appropriate design to the automobiles.

The requirement of advanced technology machineries in various industry such as automobile, shipbuilding, construction are further expected to boost the demand for the global bonded abrasives market. The bonded abrasives are used in providing the smooth finish to the various tools and the machineries that are manufactured. Continuous maintenances of the workshops further increase the demand for the global bonded abrasives market.

Bonded Abrasives Market Key Players

Market Research Future (MRFR) recognizes the following companies as the key players in the global Bonded Abrasives market: (Norton) Saint-Gobain Abrasives (US), 3M Manufacturing company (US), Buffalo Abrasives Inc(US), Abrasivos Manhattan SA (Spain), Marrose Abrasives (U.K), Grinding Techniques (Pty) Ltd (South Africa), SAK Abrasives Limited (India), sia Abrasives Industries AG (Switzerland), Flexovit (U.S), Carborundum Universal Limited (India) and Others.

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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 User : Comprises – Automobile, Shipbuilding, Construction, General Metalworking, and others.

Segmentation By Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World.

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.

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Intended Audiences

Bonded abrasives manufacturers
Traders and distributors of bonded abrasives
Production process industries
Potential investors
Raw material suppliers
Nationalized laboratory
Table Of Contents

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.3 List Of Assumptions

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics Of The Global Bonded Abrasive Market

Continued…

LIST OF FIGURES

FIGURE 1 Global Bonded Abrasive Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis Of Global Bonded Abrasive Market

FIGURE 4 Value Chain Of Global Bonded Abrasive Market

FIGURE 5 Share Of Global Bonded Abrasive Market In 2018, By Country (%)

FIGURE 6 Global Bonded Abrasive Market, 2019−2025

Continued…

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Source URL: https://marketersmedia.com/bonded-abrasives-industry-global-market-size-share-growth-factors-business-development-segments-emerging-trends-and-forecast-2023/88927722

Source: MarketersMedia

Release ID: 88927722