Global Coated Abrasives Market 2017-2021
About Coated Abrasives
Abrasives are materials used to smoothen or carry out finishing on hard surfaces through extensive rubbing. Abrasive minerals such as aluminum oxide, ceramic, silicon carbide, and alumina zirconia are combined with adhesive bonding, which anchor the abrasive minerals with a backing material. These minerals along with the backing material on curing are converted to product forms such as belts, rolls, discs, or wheels. A coated abrasive, also referred to as a flexible abrasive, consists of a backing of cloth, paper, polyester, or vulcanized fiber; a bonding system; and an abrasive grain coating. Coated abrasives can be used for grinding, de-burring, finishing, and polishing applications.
Technavio’s analysts forecast the global coated abrasives market to grow at a CAGR of 6.83% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global coated abrasives market for 2017-2021. To calculate the market size, the report considers the sales of coated abrasive products for key applications in the transportation, machinery, metal fabrication, and consumer goods industries.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Coated Abrasives Market 2017-2021
Technavio recognizes the following companies as the key players in the global coated abrasives market: 3M, Saint-Gobain, Bosch, Hermes Schleifmittel, and KWH Group.
Other Prominent Vendors in the market are: Allied High Tech Products, Almatis, A-One Coated Abrasive, ARC Abrasives, Barton International, Calumet Abrasives, CUMI, Deerfos, Fandeli International, Gemtex, Henkel, Jiangsu Sanling Abrasive, Johnson Abrasives, Klingspor, Nippon Resibon, Noritake, Orient, Osborn International, Precision Abrasive, Punjab Abrasives, SAIT ABRASIVI, SAK Abrasives, Sankyo-Rikagaku, Schaffner Manufacturing, STARCKE Abrasives, Tyrolit, Union Abrasives, and Vereinigte Schmirgel-und Maschinen-Fabriken.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is emergence of china as a major consumer and producer. In 2015, China was the leading producer and consumer of coated abrasives, accounting for more than 35% of worldwide abrasive production and 30% of worldwide abrasives consumption. Consumption of coated abrasives has surged in recent times because of the ongoing economic and industrial development in the country. High per capita income and demand for consumer goods have increased the need for coated abrasives in the electronics industry in China.”
According to the report, one of the major drivers for this market is growing demand for PSA-backed coated abrasives. Pressure-sensitive adhesives (PSA) are gaining popularity because they offer greater ease in the mounting of sanding discs, rolls, and sheets. However, cloth and paper are still widely used as backing materials in coated abrasives. Many vendors, such as Saint-Gobain and CUMI, offer coated abrasives with PSA-backing.
Further, the report states that one of the major factors hindering the growth of this market is improper or inadequate storage causing technical issues. Storage is a critical aspect for coated abrasives to retain their efficacy for a longer period. Technical challenges such as weakened bond, curling, brittleness, and breakages can occur without proper material handling.
M, Saint-Gobain, Bosch, Hermes Schleifmittel, KWH Group, Allied High Tech Products, Almatis, A-One Coated Abrasive, ARC Abrasives, Barton International, Calumet Abrasives, CUMI, Deerfos, Fandeli International, Gemtex, Henkel, Jiangsu Sanling Abrasive, Johnson Abrasives, Klingspor, Nippon Resibon, Noritake, Orient, Osborn International, Precision Abrasive, Punjab Abrasives, SAIT ABRASIVI, SAK Abrasives, Sankyo-Rikagaku, Schaffner Manufacturing, STARCKE Abrasives, Tyrolit, Union Abrasives, Vereinigte Schmirgel-und Maschinen-Fabriken.