
North America Resin Bonded Abrasives Market Research Report Forecast to 2030
Description
North America Resin Bonded Abrasives Market Research Report Forecast to 2030
Market Overview
North America resin bonded abrasives market was valued at USD 513.36 million in 2020 and is expected to register a CAGR of 5.07% to reach USD 827.53 million by the end of 2030. In terms of volume, the market was pegged at 505.31 thousand tons in 2020, and the demand is projected to reach 669.58 thousand tons by the end of 2030.
Bonded abrasives are abrasives grains and fillers bonded together through bonding materials such as vitreous, resin, rubber, shellac, epoxy, magnesite, and others. Numerous improvements in tools and machinery processes have been made with the help of new abrasive grains and bond advancements to increase the performance of bonded abrasive products. The prime role is played by the bonding agent that holds the structural abrasives in a specific array giving uniqueness to every bonded adhesive. The bond offers high-strength and thermal resistance for grinding and cutting, or it can be weak and thermal sensitive for polishing. Each product is made to serve a specific purpose, such as giving a precise finish, cutting, rough grinding, stock removal, and others.
Market Segmentation
The North America Resin Bonded Abrasives market has been segmented by type, application, end-use industry, and country. Based on type, the market has been segmented into common resin bonded abrasive discs, super hard resin bonded abrasive discs, cup-shaped wheels, and others.
Based on application, the market has been segmented into precision grinding, cutting, rough grinding, fabrication, polishing, and others. Based on end-use industry, the market has been segmented into automotive, construction, welding, aerospace, general metalworking, and others. Among these, the construction segment accounted for the largest share of 32.59% in the North America resin bonded abrasives market and is anticipated to grow at a rate of 5.70% throughout the forecast period.
Major Players
3M (US), Dewalt (US), Flexovit (US), ARC Abrasives, Inc (US), Camel Grinding Wheels (Israel), Eastwind Diamond Abrasives (US), Extreme Abrasives (US), Bullard Abrasives (US), United Abrasives (US), Norton Abrasives (US), and Anchor Abrasives (US) are the key players operating in the North America resin bonded abrasives market.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Companies Mentioned
3M (US)
Dewalt (US)
Flexovit (US)
ARC Abrasives Inc (US)
Camel Grinding Wheels (Israel)
Eastwind Diamond Abrasives (US)
Extreme Abrasives (US)
Bullard Abrasives (US)
United Abrasives (US)
Norton Abrasives (US)
and Anchor Abrasives (US)
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Market Overview
North America resin bonded abrasives market was valued at USD 513.36 million in 2020 and is expected to register a CAGR of 5.07% to reach USD 827.53 million by the end of 2030. In terms of volume, the market was pegged at 505.31 thousand tons in 2020, and the demand is projected to reach 669.58 thousand tons by the end of 2030.
Bonded abrasives are abrasives grains and fillers bonded together through bonding materials such as vitreous, resin, rubber, shellac, epoxy, magnesite, and others. Numerous improvements in tools and machinery processes have been made with the help of new abrasive grains and bond advancements to increase the performance of bonded abrasive products. The prime role is played by the bonding agent that holds the structural abrasives in a specific array giving uniqueness to every bonded adhesive. The bond offers high-strength and thermal resistance for grinding and cutting, or it can be weak and thermal sensitive for polishing. Each product is made to serve a specific purpose, such as giving a precise finish, cutting, rough grinding, stock removal, and others.
Market Segmentation
The North America Resin Bonded Abrasives market has been segmented by type, application, end-use industry, and country. Based on type, the market has been segmented into common resin bonded abrasive discs, super hard resin bonded abrasive discs, cup-shaped wheels, and others.
Based on application, the market has been segmented into precision grinding, cutting, rough grinding, fabrication, polishing, and others. Based on end-use industry, the market has been segmented into automotive, construction, welding, aerospace, general metalworking, and others. Among these, the construction segment accounted for the largest share of 32.59% in the North America resin bonded abrasives market and is anticipated to grow at a rate of 5.70% throughout the forecast period.
Major Players
3M (US), Dewalt (US), Flexovit (US), ARC Abrasives, Inc (US), Camel Grinding Wheels (Israel), Eastwind Diamond Abrasives (US), Extreme Abrasives (US), Bullard Abrasives (US), United Abrasives (US), Norton Abrasives (US), and Anchor Abrasives (US) are the key players operating in the North America resin bonded abrasives market.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Companies Mentioned
3M (US)
Dewalt (US)
Flexovit (US)
ARC Abrasives Inc (US)
Camel Grinding Wheels (Israel)
Eastwind Diamond Abrasives (US)
Extreme Abrasives (US)
Bullard Abrasives (US)
United Abrasives (US)
Norton Abrasives (US)
and Anchor Abrasives (US)
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
85 Pages
- 1 Executive Summary
- 1.1 North America Resin Bonded Abrasives Market, By Type
- 1.2 North America Resin Bonded Abrasives Market, By Application
- 1.3 North America Resin Bonded Abrasives Market, By End-use Industry
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Market Structure
- 3 Research Methodology
- 3.1 Research Process
- 3.2 Primary Research
- 3.3 Secondary Research
- 3.4 Market Size Estimation
- 3.5 Forecast Model
- 3.6 List Of Assumptions
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Surge In Demand From The Automotive Industry
- 4.2.2 Growth Of The Construction Industry
- 4.2.3 Drivers Impact Analysis
- 4.3 Restraints
- 4.3.1 Fluctuating Raw Material Prices
- 4.3.2 Restraints Impact Analysis
- 4.4 Opportunities
- 4.4.1 Rising Demand From The Metal Fabrication Industry
- 4.5 Challenge
- 4.5.1 Technological Complexity
- 5 Market Factor Analysis
- 5.1 Supply Chain Analysis
- 5.1.1 Raw Material Suppliers
- 5.1.2 Resin Bonded Abrasives Producers
- 5.1.3 Distribution & Sales Channel
- 5.1.4 Application
- 5.2 Porter's Five Forces Analysis
- 5.2.1 Threat Of New Entrants
- 5.2.2 Bargaining Power Of Suppliers
- 5.2.3 Threat Of Substitutes
- 5.2.4 Bargaining Power Of Buyers
- 5.2.5 Intensity Of Rivalry
- 5.3 Impact Of Covid 19 Outbreak On North America Resin Bonded Abrasives Market
- 5.3.1 Overview
- 5.3.2 Qualitative Analysis On Changes In Supply Chain
- 5.3.3 Qualitative Analysis On Change In Demand For Resin Bonded Abrasives Industry Due To Covid-19
- 6 North America Resin Bonded Abrasives Market, By Type
- 6.1 Overview
- 6.1.1 Resin Bonded Abrasives: Market Estimates & Forecast By Type, 2019–2030
- 6.1.2 Resin Bonded Abrasives: Market Estimates & Forecast By Type, 2019–2030
- 7 North America Resin Bonded Abrasives Market, By Application
- 7.1 Overview
- 7.1.1 Resin Bonded Abrasives: Market Estimates & Forecast By Application, 2019–2030
- 7.1.2 Resin Bonded Abrasives: Market Estimates & Forecast By Application, 2019–2030
- 8 North America Resin Bonded Abrasives Market, By End-use Industry
- 8.1 Overview
- 8.1.1 Resin Bonded Abrasives: Market Estimates & Forecast By End-use Industry, 2019–2030
- 8.1.2 Resin Bonded Abrasives: Market Estimates & Forecast By End-use Industry, 2019–2030
- 9 North America Resin Bonded Abrasives Market, By Country
- 9.1 Overview
- 9.2 Us
- 9.3 Canada
- 10 Competitive Landscape
- 10.1 Introduction
- 10.2 Market Strategy Analysis
- 10.3 Key Developments & Growth Strategies
- 10.4 Competitive Benchmarking
- 11 Company Profiles
- 11.1 3m
- 11.1.1 Company Overview
- 11.1.2 Financial Overview
- 11.1.3 Products Offered
- 11.1.4 Key Developments
- 11.1.5 Swot Analysis
- 11.1.6 Key Strategies
- 11.2 Dewalt
- 11.2.1 Company Overview
- 11.2.2 Financial Overview
- 11.2.3 Products Offered
- 11.2.4 Key Developments
- 11.2.5 Swot Analysis
- 11.2.6 Key Strategies
- 11.3 Flexovit
- 11.3.1 Company Overview
- 11.3.2 Financial Overview
- 11.3.3 Products Offered
- 11.3.4 Key Developments
- 11.3.5 Swot Analysis
- 11.3.6 Key Strategies
- 11.4 Arc Abrasives, Inc.
- 11.4.1 Company Overview
- 11.4.2 Financial Overview
- 11.4.3 Products Offered
- 11.4.4 Key Developments
- 11.4.5 Swot Analysis
- 11.4.6 Key Strategies
- 11.5 Camel Grinding Wheels Works Sarid Ltd
- 11.5.1 Company Overview
- 11.5.2 Financial Overview
- 11.5.3 Products Offered
- 11.5.4 Key Developments
- 11.5.5 Swot Analysis
- 11.5.6 Key Strategies
- 11.6 Extreme Abrasives
- 11.6.1 Company Overview
- 11.6.2 Financial Overview
- 11.6.3 Products Offered
- 11.6.4 Key Developments
- 11.6.5 Swot Analysis
- 11.6.6 Key Strategies
- 11.7 Eastwind Diamond Abrasives
- 11.7.1 Company Overview
- 11.7.2 Financial Overview
- 11.7.3 Products Offered
- 11.7.4 Key Developments
- 11.7.5 Swot Analysis
- 11.7.6 Key Strategies
- 11.8 United Abrasives
- 11.8.1 Company Overview
- 11.8.2 Financial Overview
- 11.8.3 Products Offered
- 11.8.4 Key Developments
- 11.8.5 Swot Analysis
- 11.8.6 Key Strategies
- 11.9 Bullard Abrasives
- 11.9.1 Company Overview
- 11.9.2 Financial Overview
- 11.9.3 Products Offered
- 11.9.4 Key Developments
- 11.9.5 Swot Analysis
- 11.9.6 Key Strategies
- 11.10 Norton Abrasives
- 11.10.1 Company Overview
- 11.10.2 Financial Overview
- 11.10.3 Products Offered
- 11.10.4 Key Developments
- 11.10.5 Swot Analysis
- 11.10.6 Key Strategies
- 11.11 Anchor Abrasives
- 11.11.1 Company Overview
- 11.11.2 Financial Overview
- 11.11.3 Products Offered
- 11.11.4 Key Developments
- 11.11.5 Swot Analysis
- 11.11.6 Key Strategies
- 12 Appendix
- 12.1 References
- 12.2 Related Reports
- List Of Tables
- Table 1 List Of Assumptions
- Table 2 Resin Bonded Abrasives Market Estimates & Forecast, By Type, 2019–2030 (Usd Million)
- Table 3 Resin Bonded Abrasives Market Estimates & Forecast, By Type, 2019–2030 (Thousand Tons)
- Table 4 Resin Bonded Abrasives Market Estimates & Forecast, By Application, 2019–2030 (Usd Million)
- Table 5 Resin Bonded Abrasives Market Estimates & Forecast, By Application, 2019–2030 (Thousand Tons)
- Table 6 Resin Bonded Abrasives Market Estimates & Forecast, By End-use Industry, 2019–2030 (Usd Million)
- Table 7 Resin Bonded Abrasives Market Estimates & Forecast, By End-use Industry, 2019–2030 (Thousand Tons)
- Table 8 North America Resin Bonded Abrasives Market, By Country, 2019–2030 (Usd Million)
- Table 9 North America Resin Bonded Abrasives Market, By Country, 2019–2030 (Thousand Tons)
- Table 10 Us: Resin Bonded Abrasives Market, By Type, 2019–2030 (Usd Million)
- Table 11 Us: Resin Bonded Abrasives Market, By Type, 2019–2030 (Thousand Tons)
- Table 12 Us: Resin Bonded Abrasives Market, By Application, 2019–2030 (Usd Million)
- Table 13 Us: Resin Bonded Abrasives Market, By Application, 2019–2030 (Thousand Tons)
- Table 14 Us: Resin Bonded Abrasives Market, By End-use Industry, 2019–2030 (Usd Million)
- Table 15 Us: Resin Bonded Abrasives Market, By End-use Industry, 2019–2030 (Thousand Tons)
- Table 16 Canada: Resin Bonded Abrasives Market, By Type, 2019–2030 (Usd Million)
- Table 17 Canada: Resin Bonded Abrasives Market, By Type, 2019–2030 (Thousand Tons)
- Table 18 Canada: Resin Bonded Abrasives Market, By Application, 2019–2030 (Usd Million)
- Table 19 Canada: Resin Bonded Abrasives Market, By Application, 2019–2030 (Thousand Tons)
- Table 20 Canada: Resin Bonded Abrasives Market, By End-use Industry, 2019–2030 (Usd Million)
- Table 21 Canada: Resin Bonded Abrasives Market, By End-use Industry, 2019–2030 (Thousand Tons)
- Table 22 Key Developments & Growth Strategies
- Table 23 3m: Products Offered
- Table 24 3m: Key Developments
- Table 25 Dewalt: Products Offered
- Table 26 Flexovit: Products Offered
- Table 27 Arc Abrasives, Inc.: Products Offered
- Table 28 Camel Grinding Wheels Works Sarid Ltd: Products Offered
- Table 29 Extreme Abrasives: Products Offered
- Table 30 Eastwind Diamond Abrasives: Products Offered
- Table 31 United Abrasives: Products Offered
- Table 32 Bullard Abrasives: Products Offered
- Table 33 Norton Abrasives: Products Offered
- Table 34 Anchor Abrasives: Products Offered
- List Of Figures
- Figure 1 Market Synopsis
- Figure 2 North America Resin Bonded Abrasives Market Analysis, By Type
- Figure 3 North America Resin Bonded Abrasives Market Analysis, By Application
- Figure 4 North America Resin Bonded Abrasives Market Analysis, By End-use Industry
- Figure 5 North America Resin Bonded Abrasives Market: Structure
- Figure 6 Research Process
- Figure 7 Top-down & Bottom-up Approaches
- Figure 8 Market Dynamics Of North America Resin Bonded Abrasives Market
- Figure 9 Production Of Motor Vehicles In North America, 2017–2021 (Units)
- Figure 10 Urban Population Estimates & Forecast In The Us (2010–2027)
- Figure 11 Us Construction Spending History, March’19-january’21
- Figure 12 Drivers Impact Analysis: Resin Bonded Abrasives Market
- Figure 13 Restraints Impact Analysis: North America Resin Bonded Abrasives Market
- Figure 14 Supply Chain Analysis For North America Resin Bonded Abrasives Market
- Figure 15 Porter's Five Forces Analysis Of The North America Resin Bonded Abrasives Market
- Figure 16 North America Resin Bonded Abrasives Market, By Type, 2019 To 2030 (Usd Million)
- Figure 17 North America Resin Bonded Abrasives Market, By Type, 2019 To 2030 (Thousand Tons)
- Figure 18 North America Resin Bonded Abrasives Market, By Application, 2019 To 2030 (Usd Million)
- Figure 19 North America Resin Bonded Abrasives Market, By Application, 2019 To 2030 (Thousand Tons)
- Figure 20 North America Resin Bonded Abrasives Market, By End-use Industry, 2019 To 2030 (Usd Million)
- Figure 21 North America Resin Bonded Abrasives Market, By End-use Industry, 2019 To 2030 (Thousand Tons)
- Figure 22 North America Resin Bonded Abrasives Market, By Country, 2019–2030 (Usd Million)
- Figure 23 North America Resin Bonded Abrasives Market, By Country, 2019–2030 (Thousand Tons)
- Figure 24 Competitive Benchmarking
- Figure 25 3m: Financial Overview
- Figure 26 3m: Swot Analysis
- Figure 27 Dewalt: Financial Overview Snapshot
- Figure 28 Dewalt: Swot Analysis
- Figure 29 Flexovit: Swot Analysis
- Figure 30 Arc Abrasives, Inc.: Swot Analysis
- Figure 31 Camel Grinding Wheels Works Sarid Ltd: Swot Analysis
- Figure 32 Extreme Abrasives: Swot Analysis
- Figure 33 Eastwind Diamond Abrasives: Swot Analysis
- Figure 34 United Abrasives: Swot Analysis
- Figure 35 Bullard Abrasives: Swot Analysis
- Figure 36 Norton Abrasives: Financial Overview Snapshot
- Figure 37 Norton Abrasives: Swot Analysis
- Figure 38 Anchor Abrasives: Swot Analysis
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