Abrasive & Sandpaper Manufacturing in the US
Strong demand from US manufacturing and automotive sectors in the United States has generally boosted Abrasive and Sandpaper Manufacturing industry revenue from 2013 onward. Additionally, demand from US construction markets rapidly increased over the past five years to 2018; builders and contractors extensively use abrasive products in the cutting and finishing of wood, wallboard and other products. Over the five years to 2018, imports increased as a stronger US dollar made domestically manufactured products relatively more expensive to downstream markets. Strong import penetration tempered industry revenue growth during the five-year period. Nevertheless, over the five years to 2023, industry revenue is projected to increase. The industry will benefit from sustained increases in housing starts and total US construction spending. Additionally, an increase in consumer spending will drive downstream demand for appliance, electronics and durable goods.
Industry operators manufacture natural or synthetic abrasive products such as grinding wheels, coated or bonded materials, sandpaper and other abrasives. Abrasive products are made from: a variety of raw materials such as diamonds, garnet, and silica sand; manufactured minerals such as fused alumina and silicon carbide; super abrasives such as synthetic diamond; and metal abrasives such as steel shot, grit and sand.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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