Global Bonded Abrasives Market 2022-2026

Global Bonded Abrasives Market 2022-2026

Technavio has been monitoring the bonded abrasives market and it is poised to grow by $ 4.7 bn during 2022-2026 progressing at a CAGR of 4.62% during the forecast period. Our report on bonded abrasives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for bonded abrasives from the automotive industry, the increasing use of abrasives in the electronics industry, and the rising demand for PSA-backed coated abrasives.

The bonded abrasives market analysis includes the end-user segment and geographic landscape.

Technavio's bonded abrasives market is segmented as below:

By End-user

• General engineering and tooling
• Fabrication
• Automotive
• Electronics
• Others

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the rising demand for abrasives in APAC as one of the prime reasons driving the bonded abrasives market growth during the next few years. Also, the growing construction industry and production value chain incorporating forward integration will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on bonded abrasives market covers the following areas:

• Bonded abrasives market sizing
• Bonded abrasives market forecast
• Bonded abrasives market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bonded abrasives market vendors that include Abrasives Manhattan SA, Andre Abrasive Articles, Ashland Global Holdings Inc., PFERD Inc., Carborundum Universal Ltd., Compagnie de Saint Gobain SA, Great Lakes Minerals, LLC, Hermes Schleifmittel GmbH, Karbosan, KLINGSPOR Abrasives Inc., Lawson Products, Inc., Marrose Abrasives, Master Abrasives Ltd., Mirka Ltd., Orient Group, SAK ABRASIVES Ltd., Sia Abrasives Industries AG, Stanley Black and Decker Inc., U.S. Electrofused Minerals, Inc., and Weiler Abrasives Group. Also, the bonded abrasives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Abrasives Manhattan SA, Andre Abrasive Articles, Ashland Global Holdings Inc., PFERD Inc., Carborundum Universal Ltd., Compagnie de Saint Gobain SA, Great Lakes Minerals, LLC, Hermes Schleifmittel GmbH, Karbosan, KLINGSPOR Abrasives Inc., Lawson Products, Inc., Marrose Abrasives, Master Abrasives Ltd., Mirka Ltd., Orient Group, SAK ABRASIVES Ltd., Sia Abrasives Industries AG, Stanley Black and Decker Inc., U.S. Electrofused Minerals, Inc., Weiler Abrasives Group Show more