Abrasive Materials, Products, Applications and Global Markets
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Oct 13,2015
LONDON, Oct. 12, 2015 /PRNewswire/ --
Use this report to:
- Learn about the global abrasives market by technology, product line and market size.
- Gain comprehensive information about the abrasive industry and the users.
- Analyze the technical aspects of the global abrasives industry.
Highlights
- The global market for abrasive products and materials reached $36.6 billion in 2014. This market is expected to reach $37.8 billion by 2015 and $44.2 billion by 2020, registering a compound annual growth rate (CAGR) of 3.2% from 2015 to 2020.
- Abrasive tools will grow from $28.2 billion in 2015 to $33.7 billion by 2020, increasing at a CAGR of 3.6% from 2015 to 2020.
- Abrasive grains as a segment will grow from $9.6 billion in 2015 to $10.5 billion in 2020, at a 1.8% CAGR.
Introduction & Scope
INTRODUCTION
STUDY GOALS AND OBJECTIVES
Abrasives are materials that are used to cut, smooth, roughen, polish or clean surfaces, or simply to remove material to alter surface shapes or dimensions. Products with abrasive materials include grinding discs and wheels, sandpaper, polishing and lapping compounds, deburring media and sandblasting materials. Abrasives are a well-established global market with a long history of products, technologies and slowly evolving market trends. Abrasives are mainly used in bonded and coated forms for various applications such as cutting, polishing, grinding, surface finishing and various other applications. Industries such as automotive, construction, aerospace and industrial form the major customer markets for abrasive product manufacturers. Unique applications include using abrasives to create friction in braking products such as vehicle brake pads in the automotive industry and windmills in industrial products.
Several unique and novel technologies are starting to make inroads into the mundane and well-established abrasive products and technology market. The next several decades should witness the influences of these novel technologies in the market that could alter the industrial landscape of these products and technologies. This report is designed to investigate the global abrasives market by technology, product line and market size with supporting tables and figures to illustrate projected growth. The report will include developed countries such as the U.S., Europe and Japan, as well as other developing countries such as China and India. This report offers forecasts by product segment from 2015 through 2020, including supporting analyses for projections.
REASONS FOR DOING THE STUDY
The objective of this study is to provide an in-depth analysis and forecast of the global abrasives market. The focus is on technology, products and market details of the worldwide abrasives industry. The global market for abrasives is estimated to grow in the low single digits globally until 2020. However, significant differences are expected between established traditional abrasive products and products that are catering to niche markets such as semiconductors and photovoltaic. Further, abrasive products market is expected to grow faster than the abrasive grains market.
INTENDED AUDIENCE
This report is intended for customers and suppliers of abrasive technologies and products, and others with a need to understand the status and dynamics of the market for these products. This report is largely nontechnical in nature and coverage. It is concerned less with theory and jargon than with what works, who the major global players are, what technological trends are seen in the market place, regulations that
are shaping the market and how technology will drive market growth. As such, the report's content should be highly useful to executive management personnel and marketing and financial analysts due to the organized presentation of data. Scientists and technologists would also benefit from the report as its findings concern the market for their work, which should interest them and provide them with a clearer perspective as to how their work can influence the future of the industry and what new technologies are making inroads into various application segments of the industry. This report is an invaluable tool for chief-level (C-level) executives, business planners, acquisition specialists, licensing strategists, product managers, market research analysts, investing consultants and others interested in the abrasives market and its products, technologies, participants and future.
SCOPE OF REPORT
The report will include details about various types of abrasives, materials used as abrasives, the abrasive manufacturers' most commonly used grains, their production with values, the manufacturers of products using abrasive materials primarily for machine tools, the users of the abrasive tool and other applications, and the users of loose abrasives. The report will be formatted in such a way that it will contain comprehensive
information about the abrasive industry and the users thereof. The initial section of the report covers the technical aspects of the industry and what the industry products offer in terms of applications and markets.
In the subsequent section, the abrasive grains market is analyzed on a global scale. This section covers the major abrasive grain types and market details of each. With detailed analysis of players and production capacities, emerging trends are discussed. The U.S. and Europe are the two biggest markets for abrasives and abrasive products. Separate chapters cover each of these regions, and within each region, the trends for
both abrasive grains and abrasive products are analyzed. Subcategories of each of these markets are also analyzed, based on trade data and statistical data. These also include, for example, average employee costs, energy usage and capital expenditures. In-depth analysis of the European market is presented with statistics in exports and imports both within EU countries as well as with countries outside Europe.
In the final chapter, details of the industry players are given. This chapter is very wide in scope, and includes products, company history, locations and financials of more than 100 companies. The objective has been to include all companies that have more than $100 million in annual revenues and are active in the abrasive industry. Several smaller companies are included if these are niche players. These companies are listed
in alphabetical order. It is estimated that the combined revenues of the companies analyzed is about $20 billion, and includes companies in the industrial cutting tools segment.
METHODOLOGIES AND INFORMATION SOURCES
Information for this report is obtained from a variety of primary and secondary research sources, including industry analysts, annual reports and regulatory filings, U.S. Patent and Trademarks office, other government agencies inside and outside the U.S., European trade statistics and journal articles. Secondary sources include literature searches, product literature, Internet, company websites and press releases. Interviews
conducted with experts in the industry also provided valuable information contained in this report. Where precise information is not available, a consensus has been made using reasonable assumptions and estimates based on historical data.
Download the full report: https://www.reportbuyer.com/product/1404121/
(PRNewswire)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
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