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Global Abrasive Market (by Material Type, Product Type and End-Use Industries): Insights, Trends and Forecast (2019-2023)

Global Abrasive Market (by Material Type, Product Type and End-Use Industries): Insights, Trends and Forecast (2019-2023)

The global abrasive market is expected to reach US$51.36 billion in 2023, increasing at a CAGR of 4.16%, for the duration of 2019-2023. The factors, such as, escalating production of automobiles, increasing construction expenditure on global scale, accelerating demand for consumer electronics, growing urbanization and rising usage of abrasives in the medical industry, are likely to drive the growth of the market. However, the market growth would be challenged by the volatile process of raw materials, constraints of raising high capital amounts and regulatory framework. A few notable trends include, accelerating deployment of industrial robots, expanding furniture industry across the world, rapid development in the e-commerce trading platforms, and increasing application of abrasives in surface cleaning.

The global abrasives market has three major product types – bonded abrasives, coated abrasives and super abrasives. Bonded abrasives are the highly used abrasives on the global scale due to the increased demand from automotive, machinery and metal fabrication industries. Whereas, the market shares of bonded abrasives as well as super abrasives are also growing gradually, owing to the rapid demand from various emerging countries.

The fastest growing region is Asia-Pacific, owing the rising production and application of abrasives in various emerging countries, including China, India and Korea. Growing demand for abrasives from the automotive industry is the key driving factor in the rising product demand. Whereas, the development of precision tooling and sophisticated machine part manufacturing units is driving the market growth in Europe and North America.

Scope of the report:

  • The report provides a comprehensive analysis of the global abrasive market, further segmented on the basis of Material Type, Product Type and End-Use Industries.
  • The major regional markets (Asia-Pacific, Europe, North America and Middle East), along with the country coverage of China, India, Korea and the U.S. have been analyzed.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (Robert Bosch, Saint-Gobain, the 3M Company, Noritake, Asahi Group, Fujimi Incorporated) are also presented in detail.
Key Target Audience:
  • Abrasives Manufacturers
  • Raw Material Suppliers
  • End Users (Automotive, Aerospace, Metal Fabrication, Construction and Machinery)
  • Industrial Consultants
  • Investment Banks
  • Government Bodies & Regulating Authorities


1. Overview
1.1 Introduction
1.2 Hardness of Abrasive Materials
Table 1: Hardness of Abrasive Materials
1.3 Types of Abrasives
Table 2: Types of Abrasives
1.4 Application of Abrasives
Table 3: Application of Abrasives
2. Global Market Analysis
2.1 Global Abrasives Market by Value
Table 4: Global Abrasive Market by Value (2014-2018)
2.2 Global Abrasives Market Forecast by Value
Table 5: Global Abrasive Market Forecast by Value (2019-2023)
2.3 Global Abrasives Market by Material Type
Table 6: Global Abrasives Market by Material Type (2018)
2.3.1 Global Synthetic Abrasive Market Forecast by Value
Table 7: Global Synthetic Abrasive Market Forecast by Value (2018-2023)
2.3.2 Global Natural Abrasive Market Forecast by Value
Table 8: Global Natural Abrasive Market Forecast by Value (2018-2023)
2.4 Global Abrasives Market by Product Type
Table 9: Global Abrasives Market by Product Type (2018)
2.4.1 Global Bonded Abrasive Market Forecast by Value
Table 10: Global Bonded Abrasive Market Forecast by Value (2018-2023)
2.4.2 Global Coated Abrasive Market Forecast by Value
Table 11: Global Coated Abrasive Market Forecast by Value (2018-2023)
2.4.3 Global Super Abrasive Market Forecast by Value
Table 12: Global Super Abrasive Market Forecast by Value (2018-2023)
2.5 Global Abrasives Market by End-Use Industry
Table 13: Global Abrasives Market by End-Use Industries (2018)
2.5.1 Global Industrial Abrasive Market Forecast by Value
Table 14: Global Industrial Abrasive Market Forecast by Value (2018-2023)
2.5.2 Global Construction Abrasive Market Forecast by Value
Table 15: Global Construction Abrasive Market Forecast by Value (2018-2023)
2.5.3 Global Metal Fabrication Abrasive Market Forecast by Value
Table 16: Global Metal Fabrication Abrasive Market Forecast by Value (2018-2023)
2.5.4 Global Machinery Abrasive Market Forecast by Value
Table 17: Global Machinery Abrasive Market Forecast by Value (2018-2023)
2.6 Global Abrasives Market Demand
Table 18: Global Abrasives Market Demand (2014-2018)
2.7 Global Abrasives Market Demand Forecast
Table 19: Global Abrasives Market Demand Forecast (2019-2023)
2.8 Global Abrasives Market by Volume
Table 20: Global Abrasive Market by Volume (2014-2018)
2.9 Global Abrasives Market Forecast by Volume
Table 21: Global Abrasive Market Forecast by Volume (2019-2023)
2.10 Global Abrasives Market by Region
Table 22: Global Abrasives Market by Region (2018)
3. Regional Market Analysis
3.1 Asia Pacific
3.1.1 Asia Pacific Abrasive Market by Value
Table 23: Asia Pacific Abrasive Market by Value (2014-2018)
3.1.2 Asia Pacific Abrasive Market Forecast by Value
Table 24: Asia Pacific Abrasive Market Forecast by Value (2019-2023)
3.1.3 Asia Pacific Abrasive Market by Product Type
Table 25: Asia Pacific Abrasive Market by Product Type (2018)
3.1.4 Asia Pacific Abrasive Market by Region
Table 26: Asia Pacific Abrasive Market by Region (2018)
3.1.5 China Abrasive Market by Value
Table 27: China Abrasive Market by Value (2014-2018)
3.1.6 China Abrasive Market Forecast by Value
Table 28: China Abrasive Market Forecast by Value (2019-2023)
3.1.7 China Abrasive Market by End-Use Industry
Table 29: China Abrasive Market by End-Use Industry (2018)
3.1.8 China End-Use Industry Abrasive Market by Value
Table 30: China End-Use Industry Abrasive Market by Value (2014-2018)
3.1.9 China End-Use Industry Abrasive Market Forecast by Value
Table 31: China End-Use Industry Abrasive Market Forecast by Value (2019-2023)
3.1.10 India Abrasive Market Forecast by Value
Table 32: India Abrasive Market Forecast by Value (2018-2023)
3.1.11 India Abrasive Market by Product Type
Table 33: India Abrasive Market by Product Type (2018)
3.1.12 Korea Abrasive Market by Value
Table 34: Korea Abrasive Market by Value (2014-2018)
3.1.13 Korea Abrasive Market Forecast by Value
Table 35: Korea Abrasive Market Forecast by Value (2019-2023)
3.2 Europe
3.2.1 Europe Abrasive Market by Value
Table 36: Europe Abrasive Market by Value (2014-2018)
3.2.2 Europe Abrasive Market Forecast by Value
Table 37: Europe Abrasive Market Forecast by Value (2019-2023)
3.2.3 Europe Abrasive Market by Product Type
Table 38: Europe Abrasive Market by Product Type (2018)
3.3 North America
3.3.1 North America Abrasive Market by Value
Table 39: North America Abrasive Market by Value (2014-2018)
3.3.2 North America Abrasive Market Forecast by Value
Table 40: North America Abrasive Market Forecast by Value (2019-2023)
3.3.3 North America Abrasive Market by Product Type
Table 41: North America Abrasive Market by Product Type (2018)
3.3.4 North America Abrasive Market Value by Region
Table 42: North America Abrasive Market Value by Region (2018)
3.3.5 The U.S. Abrasive Market by Value
Table 43: The U.S. Abrasive Market by Value (2014-2018)
3.3.6 The U.S. Abrasive Market Forecast by Value
Table 44: The U.S. Abrasive Market Forecast by Value (2019-2023)
3.3.7 The U.S. Abrasive Market by End-Use Industries
Table 45: The U.S. Abrasive Market by End-Use Industries (2018)
3.3.8 The U.S. End-Use Industries Abrasive Market by Value
Table 46: The U.S. End-Use Industries Abrasive Market by Value (2014-2018)
3.3.9 The U.S. End-Use Industries Abrasive Market Forecast by Value
Table 47: The U.S. End-Use Industries Abrasive Market Forecast by Value (2019-2023)
3.4 Middle East
3.4.1 Middle East Abrasive Market by Value
Table 48: Middle East Abrasive Market by Value (2014-2018)
3.4.2 Middle East Abrasive Market Forecast by Value
Table 49: Middle East Abrasive Market Forecast by Value (2019-2023)
3.4.3 Middle East Abrasive Market by Product Type
Table 50: Middle East Abrasive Market by Product Type (2018)
3.5 ROW
3.5.1 ROW Abrasive Market by Value
Table 51: ROW Abrasive Market by Value (2014-2018)
3.5.2 ROW Abrasive Market Forecast by Value
Table 52: ROW Abrasive Market Forecast by Value (2019-2023)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Escalating Production of Automobiles
Table 53: Global Cars and Commercial Vehicles Production (2014-2018)
4.1.2 Increasing Construction Expenditures
Table 54: Global Construction Expenditures Forecast (2015-2022)
4.1.3 Accelerating Demand for Consumer Electronics
Table 55: Global Consumer Electronic Sales (2014-2018)
4.1.4 Growing Urbanization
Table 56: Global Urban Population (2014-2018)
4.1.5 Rising Usage of Abrasives in the Medical Industry
Table 57: Global Medical Devices Market (2014-2018)
4.1.6 Growing Demand for Super-Abrasives in High-Performance Applications
4.2 Key Trends and Development
4.2.1 Accelerating Deployment of Industrial Robots
Table 58: Global Industrial Robots Supply (2014-2018)
4.2.2 Expanding Furniture Industry across the World
Table 59: Global Furniture Market Sales (2014-2018)
4.2.3 Rapid Development in the E-Commerce Trading Platforms
Table 60: Global B2B E-Commerce Sales Forecast (2014-2020)
4.2.4 Increasing Application of Abrasives for Surface Cleaning
4.3 Challenges
4.3.1 Volatile Prices of Raw Material
4.3.2 Constraint of Raising High Capital Amount
4.3.3 Regulatory Framework
5. Competitive Landscape
5.1 Global Market
5.1.1 Global Bonded Abrasives Market Share by Key Players
Table 61: Global Bonded Abrasives Market Share by Key Players (2018)
5.1.2 Global Coated Abrasives Market Share by Key Players
Table 62: Global Coated Abrasives Market Share by Key Players (2018)
5.1.3 Global Super Abrasives Market Value by Key Players
Table 63: Global Super Abrasives Market Value by Key Players (2018)
5.1.4 Key Players – R&D Comparison
Table 64: Key Players – R&D Comparison (2018/2019)
5.1.5 Key Players – Revenue Comparison
Table 65: Key Players – Revenue Comparison (2018/2019)
5.1.6 Key Players – Market Capitalization Comparison
Table 66: Key Players – Market Capitalization Comparison (2019)
6. Company Profiles
6.1 Robert Bosch
6.1.1 Business Overview
6.1.2 Financial Overview
Table 67: Robert Bosch Revenue and Net Income (2014-2018)
Table 68: Robert Bosch Revenue by segments (2018)
Table 69: Robert Bosch Revenue by Region (2018)
6.1.3 Business Strategies
6.2 Saint-Gobain
6.2.1 Business Overview
6.2.2 Financial Overview
Table 70: Saint-Gobain Net Sales and Net Income (2014-2018)
Table 71: Saint-Gobain Net Sales by Segment (2018)
Table 72: Saint-Gobain Net Sales by Regions (2018)
6.2.3 Business Strategies
6.3 The 3M Company
6.3.1 Business Overview
6.3.2 Financial Overview
Table 73: The 3M Company Net Sales and Net Income (2014-2018)
Table 74: The 3M Company Net Sales by segments (2018)
Table 75: The 3M Company Net Sales by Region (2018)
6.3.3 Business Strategies
6.4 Noritake
6.4.1 Business Overview
6.4.2 Financial Overview
Table 76: Noritake Net Sales and Profit (2014-2018)
Table 77: Noritake Net Sales by segments (2018)
6.4.3 Business Strategies
6.5 Asahi Diamond Industrial Co.
6.5.1 Business Overview
6.5.2 Financial Overview
Table 78: Asahi Diamond Industrial Co. Net Sales and Net Income (2015-2019)
Table 79: Asahi Diamond Industrial Co. Net Sales by Products (2019)
Table 80: Asahi Diamond Industrial Co. Net Sales by Region (2019)
6.5.3 Business Strategies
6.6 Fujimi Incorporated
6.6.1 Business Overview
6.6.2 Financial Overview
Table 81: Fujimi Incorporated Net Sales and Profit (2015-2019)
Table 82: Fujimi Incorporated Net Sales by Application (2019)
Table 83: Fujimi Incorporated Net Sales by Region (2019)
6.6.3 Business Strategies

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