Abrasives Market Exceeds USD 35.5 Billion in 2022, Projected to Surge with 4.5% CAGR by 2030

MarkNtel Advisors who is leading market research company, has recently published a research report, titled Global Abrasives Market”. The report is estimated historical data, base year and forecast period and the projections are made for the next five years, i.e., 2024-30. The data, facts, and figures are sourced from reliable platforms, including government portals, white papers, and others.

For a better understanding to download a free sample PDF of this study – https://www.marknteladvisors.com/query/request-sample/global-abrasives-market.html

Market Study Period

Historical Data: 2019-22

Base Year: 2023

Forecast Period: 2024-30

CAGR (2024-2030): 4.5%

Global Abrasives Market Insights:

The Global Abrasives Market size was valued at USD 35.5 Billion in 2022 and is projected to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30. The report covers each and every aspect of the market in detail, offering actionable insights to the stakeholders. We extensively cover key trends, opportunities, possible challenges, and major growth drivers for the industry. The report also highlights the role and involvement of governments and other relevant factors that promote market growth.

Global Abrasives Market Drivers:

The Automotive Industry’s Growing Demand for Abrasives: Since abrasives find substantial application across the automotive industry for repairing engine parts, auto body, and interior & exterior cleaning, among other applications, their demand is hiking worldwide. In fact, these materials are also used for cleaning the insides of components like pipes, smooth welds, edges, & surfaces for fitting, oiling, polishing, or painting. Such applications are augmenting the demand for abrasives across the automotive industry and driving the abrasives market.

Explore the Complete Abrasives Market Analysis Report – https://www.marknteladvisors.com/research-library/global-abrasives-market.html

Which segments are covered in the Abrasives Market Research Report?

  • By Type
    • Coated Abrasive
    • Bonded Abrasive
      • By Bonding Agents
        • Vitreous
        • Resin
        • Metal Bonded
        • Electroplated
        • Rubber
        • Others
    • Super Abrasive
  • By Raw Material
    • Synthetic
      • Aluminum oxide
      • Metallic abrasives
      • Silicon carbide
      • Others
    • Natural
  • By Application
    • Machinery
    • Aerospace
    • Metal Fabrication
    • Automotive
    • Electrical & Electronics
    • Others
  • By Region
    • North America
    • South America
    • Europe
    • Middle East & Africa
    • Asia-Pacific

Top 10 Key Brands/Players in the Abrasives Market

Our analysts have closely analyzed leading players within the industry, providing stakeholders with valuable insights into the competitive landscape. This enables them to formulate strategic tactics based on the comprehensive data compiled in the report. The information encompasses recent developments, mergers and acquisitions, product/service launches, expansion plans, and revenue-generating opportunities. Notable entities featured in the report include:

  • Robert Bosch GMBH 
  • 3M Company
  • Saint-Gobain Abrasives, Inc.
  • Fujimi Incorporated
  • Asahi Diamond Industrial Co., Ltd.
  • Cumi Murugappa Group (Carborundum Universal Limited)
  • Mirka Ltd.
  • Henkel AG & Co. KGaA
  • Nippon Resibon Corporation
  • Sankyo Rikagaku Co., Ltd.
  • Noritake Co. Ltd.
  • Tyrolit Group
  • Boride Engineered Abrasives
  • Flexovit USA, Inc.
  • Abrasive Technology, Inc.

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/global-abrasives-market.html

Frequently Asked Questions

  1. Which companies dominate the Abrasives Market in terms of market share?
  2. What is the projected market size of Abrasives Market in 2030?
  3. What key factor is anticipated to propel the Abrasives Market by 2030?
  4. How big is the Abrasives Market?

Other Reports –

  1. https://tach-amit.blogspot.com/2024/02/spandex-market-to-reach-usd-83-billion.html
  2. https://viralsocialtrends.com/spandex-market-size-to-surpass-usd-8-3-billion-in-2023-with-a-growing-cagr-of-8-24-by-2030-share-trends-growth-strategies-and-competitive-analysis/
  3. https://glossyglamourista.com/spandex-market-exceeds-usd-8-3-billion-in-2023-projected-to-surge-with-8-24-cagr-by-2030/
  4. https://www.rueami.com/2024/02/02/spandex-market-growth-insight-markntel-report-expected-8-24-cagr-growth-through-2030/
  5. https://tachamit.wordpress.com/2024/02/02/gcc-leisure-entertainment-and-tourist-let-digital-services-market-growth-insight-markntel-report-expected-9-79-cagr-growth-through-2029/
  6. https://tach-amit.blogspot.com/2024/02/gcc-leisure-entertainment-and-tourist.html

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