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Super Abrasives Market Size 2025

However, some of the factors that might act as major impediments to the growth of super abrasives market across the globe in the years to come are high cost of production along with product price volatility due to the fluctuating raw material costs.

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Super Abrasives Market Size 2025

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  1. PUBLISHED: JUNE 2020 2015 – 2025 GLOBAL SUPER ABRASIVES MARKET BY PRODUCT, BY APPLICATON, BY REGION, COMPETITION, FORECAST AND OPPORTUNITIES © TechSci Research www.techsciresearch.com M A R K E T I N T E L L I G E N C E . C O N S U L T I N G 1

  2. T a b l e o f C o n t e n t s S. No. Contents 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Voice of Customer 5. Global Super Abrasives Market Outlook 5.1. Market Size & Forecast 5.1.1. By Value 5.2. Market Share & Forecast By Product (Cubic Boron Nitride, Polycrystalline, CVD Diamonds, Nano Diamonds) By Application (Aerospace, Medical, Automotive, Construction, Transportation, Composites, Electrical and Electronics, Oil and Gas, Others) By Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa) 5.2.1. 5.2.2. 5.2.3. 5.2.4. By Company 5.3. Product Mapping 6. Europe Super Abrasives Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast © TechSci Research 6.2.1. By Product 6.2.2. By Application 2

  3. T a b l e o f C o n t e n t s S. No. Contents 6.2.3. By Country 6.3. Germany Super Abrasives Market Outlook 6.3.1. Market Size and Forecast 6.3.1.1 By Value 6.3.2 Market Share and Forecast 6.3.2.1 By Product 6.3.2.2 By Application 6.4. France Super Abrasives Market Outlook 6.4.1. Market Size and Forecast 6.4.1.1. By Value 6.4.2. Market Share and Forecast 6.4.2.1. By Product 6.4.2.2. By Application 6.5 United Kingdom Super Abrasives Market Outlook 6.5.1. Market Size and Forecast 6.5.1.1. Market Share and Forecast By Value 6.5.2. 6.5.2.1. By Product © TechSci Research 6.5.2.2. By Application 6.6 Italy Super Abrasives Market Outlook 6.6.1. Market Size and Forecast 3

  4. T a b l e o f C o n t e n t s S. No. Contents 6.6.1.1. By Value 6.6.2. Market Share and Forecast 6.6.2.1. By Product 6.6.2.2. By Application 6.7. Spain Super Abrasives Market Outlook 6.7.1. Market Size and Forecast 6.7.1.1 By Value 6.7.2 Market Share and Forecast 6.7.2.1 By Product 6.7.2.2 By Application 7. Asia Pacific Super Abrasives Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Product 7.2.2. By Application 7.2.3. By Country 7.3. China Super Abrasives Market Outlook 7.3.1. Market Size and Forecast © TechSci Research 7.3.1.1 By Value 7.3.2 Market Share and Forecast 7.3.2.1 By Product 4

  5. T a b l e o f C o n t e n t s S. No. Contents 7.3.2.2 By Application 7.4. India Super Abrasives Market Outlook 7.4.1. Market Size and Forecast 7.4.1.1 By Value 7.4.2 Market Share and Forecast 7.4.2.1 By Product 7.4.2.2 By Application 7.5. Japan Super Abrasives Market Outlook 7.5.1. Market Size & Forecast By Value 7.5.1.1. 7.5.2. Market Share & Forecast 7.5.2.1. By Product 7.5.2.2. By Application 7.6. South Korea Super Abrasives Market Outlook 7.6.1. Market Size and Forecast 7.6.1.1 By Value 7.6.2 Market Share and Forecast 7.6.2.1 By Product © TechSci Research 7.6.2.2 By Application 7.7. Australia Super Abrasives Market Outlook 7.7.1. Market Size and Forecast 5

  6. T a b l e o f C o n t e n t s S. No. Contents 7.7.1.1 By Value 7.7.2 Market Share and Forecast 7.7.2.1 By Product 7.7.2.2 By Application 8. North America Super Abrasives Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Product 8.2.2. By Application 8.2.3. By Country 8.3. United States Super Abrasives Market Outlook 8.3.1. Market Size and Forecast 8.3.1.1. By Value 8.3.2. Market Share and Forecast 8.3.2.1. By Product 8.3.2.2. By Application © TechSci Research 8.4 Canada Super Abrasives Market Outlook 8.4.1. Market Size and Forecast 8.4.1.1. By Value 6

  7. T a b l e o f C o n t e n t s S. No. Contents 8.4.2. Market Share and Forecast 8.4.2.1. By Product 8.4.2.2. By Application 8.5. Mexico Super Abrasives Market Outlook 8.5.1. Market Size and Forecast 8.5.1.1 By Value 8.5.2 Market Share and Forecast 8.5.2.1 By Product 8.5.2.2 By Application 9. Middle East and Africa Super Abrasives Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Product 9.2.2. By Application 9.2.3. By Country 9.3. Saudi Arabia Super Abrasives Market Outlook 9.3.1. Market Size and Forecast 9.3.1.1 © TechSci Research By Value 9.3.2 Market Share and Forecast 9.3.2.1 By Product 9.3.2.2 By Application 7

  8. T a b l e o f C o n t e n t s S. No. Contents South Africa Super Abrasives Market Outlook 9.4. 9.4.1. Market Size & Forecast By Value 9.4.1.1. 9.4.2. Market Share & Forecast 9.4.2.1. By Product 9.4.2.2. By Application UAE Super Abrasives Market Outlook 9.5 9.5.1. Market Size & Forecast By Value 9.5.1.1. 9.5.2. Market Share & Forecast 9.5.2.1. By Product 9.5.2.2. By Application 10. South America Super Abrasives Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast 10.2.1. By Product 10.2.2. By Application 10.2.3. By Country © TechSci Research 10.3. Brazil Super Abrasives Market Outlook 10.3.1. Market Size & Forecast By Value 10.3.1.1. 8

  9. T a b l e o f C o n t e n t s S. No. Contents 10.3.2. Market Share & Forecast 10.3.2.1. By Product 10.3.2.2. By Application Argentina Super Abrasives Market Outlook 10.4. 10.4.1. Market Size & Forecast 10.4.1.1. By Value 10.4.2. Market Share & Forecast 10.4.2.1. By Product 10.4.2.2. By Application 10.5. Colombia Super Abrasives Market Outlook 10.5.1. Market Size and Forecast 10.5.1.1. By Value 10.5.2. Market Share and Forecast 10.5.2.1. By Product 10.5.2.2. By Application 11. Market Dynamics 11.1. Drivers 11.2. Challenges © TechSci Research 12. Market Trends and Developments 13. Competitive Landscape 13.1. Saint-Gobain Abrasives, Inc 13.2. Günter Wendt GmbH 9

  10. T a b l e o f C o n t e n t s S. No. Contents 13.3. Asahi Diamond Industrial Co. Ltd. 13.4. 3M Company 13.5. Guangdong Chanway Industrial Co., Ltd 13.6. Noritake Co. Ltd. 13.7. Carborundum Universal Ltd 13.8. Radiac Abrasive Company 13.9. Mirka Ltd 13.10 Vereingte Schmirgel-und Maschinen-Fabriken AG 14. Strategic Recommendations 15. About Us & Disclaimer © TechSci Research 10

  11. PRODUCT OVERVIEW

  12. Product Overview Super Abrasives are the special types of abrasives that are characterized based on better wear resistance and hardness. They are used in the form of grinding tools or rectification tools. They are used to shape materials that are either too hard or fragile for standard abrasives like cutting silicon wafers, high-precision grinding of crystals and ceramic components or sharpening circular saws and woodworking tools. Cubic Boron Nitride (CBN), which is synthetic grain or natural and synthetic diamonds is used for the production of Super Abrasives. Diamond is the hardest substance known with a Knoop hardness of 7,000. CBN is the second-hardest with a Knoop value of 4,700. Super Abrasives have low Specific Grinding Energy (S.G.E.) and have reduced cycle time that increases productivity. Market Segmentation SUPER ABRASIVES MARKET PRODUCT END-USE Automotive Construction Aerospace Medical Electrical & Electronics Oil and Gas Electrical & Electronics Others (Composites, Machine Tools, Transportation, etc) Cubic Boron Nitride CVD Diamonds Polycrystalline Nano Diamonds • • • • • • • • • • • • REGION © TechSci Research North America Europe Asia Pacific South America Middle East and Africa • • • • • 12

  13. RESEARCHMETHODOLOGY

  14. Research Methodology Market Profiling Data Analysis Data Data Developing List Of Respondents Formulating Questionnaire Collection Validation TechSci Research conducted interviews with industry experts and industry players for data collection and verification. The data was scrutinized using MS-Excel and statistical tools such as Time Series Analysis, etc. to obtain qualitative and quantitative insights about global Super Abrasives market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. In-depth secondary research was conducted to determine top players in global Super Abrasives market, overall market size and segmental market share. In order to conduct industry experts’ interviews, TechSci formulated a detailed questionnaire. List of industry players, distributors, and industry specialists was developed. Primary Research Desk Research Company Analysis Market Participants Key Strengths Product Differentiation ✓ ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion ✓ ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews ✓ ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Bodies, Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ TechSci Internal Database LinkedIn ✓ Data Filter & Analysis Business Solution Actionable Insights Research & Intelligence ✓ ✓ ✓ ✓ Data Collection © TechSci Research ✓ 14

  15. Research Methodology Baseline Methodology: For the study, TechSci Research has gathered information through primary research surveys with leading global Super Abrasives companies. We have also put through an exhaustive search of industry specific sources, Abrasives Associations, etc., including our internal database. Our team of analysts has then prudently evaluated all the collected information and presented the same in chronological order to depict a meaningful and clear picture of the global Super Abrasives market. While compiling the data, we have also cross-checked all the collected information from multiple sources and data warehouses, to present the most accurate and precise information of the concerned industry. Sampling Technique: While conducting the study, TechSci Research followed the stratified random sampling technique to shortlist the Key Opinion Leaders (KOLs) in various Super Abrasives companies operating globally. KOLs based out of prominent Super Abrasives companies were interviewed to identify the global Super Abrasives market. Sample Size: Type of Respondents No. of Respondents Mid to Senior Management, Sales Managers, etc., of Super Abrasives Manufacturer/Service Provider Companies/Dealers & Distributors 45 End Users 40 © TechSci Research Industry Experts 15 Total 100 15

  16. Research Methodology Market Size Calculation Technique: Primary Research For the preparation of ‘Global Super Abrasives Market’ report, bottom-up model has been used, which has been later cross validated by using top-down approach. TechSci Research interviewed senior sales managers and regional managers of the prominent Super Abrasives companies using Delphi technique for calculating the global Super Abrasives market size. Respondents were also asked about the current and future growth rates, market share by product, by end-use industry, by region, etc. All the information gathered was carefully analyzed, data points which exhibited high deviations from the majority estimates were eliminated as outliers and the remaining refined data points were put together to arrive at the data. Primary Research – Few of the Companies and/or their Dealers Interviewed Names of Companies and/or their Dealers Interviewed Protech Diamond Tools Inc. Radiac Abrasives, Inc American Superabrasives Corp Super Abrasives Trade & Engineering S.A. Noritake Co. Limited Asahi Diamond Industrial Co., Ltd 3M Company Kulin Corporation Saint-Gobain Abrasives Inc Omya International AG Carborundum Universal Ltd Guangdong Chanway Industrial Co. Ltd Wendt (India) Limited Action SuperAbrasive Super Abrasives S. No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 © TechSci Research 16

  17. Research Methodology Secondary Research: In addition to our internal database, credible publications, white papers, company annual reports, investor presentations, news articles, etc., were also analyzed to cross validate the end findings derived from primary research. S. No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Few of the Secondary Sources OPEC Statistics World Bank International Monetary Fund Annual Reports & Investor Presentations Company Websites UN Comtrade World Air Transport Statistics Steel Statistics Yearbook World Semiconductor Statistics OECD Statistics Forecasting Technique: The team has developed forecast based on econometric and judgemental analysis in addition to statistical techniques such as averaging and geometric mean. During primary research interview, questions regarding historical market trend of the global Super Abrasives market were put forward. Respondents were asked about the current and future growth rates, market share of Super Abrasives companies across the globe. In order to forecast the global Super Abrasives market, following forecast © TechSci Research techniques were used: • Time Series Analysis • Econometric and Judgmental Analysis • Moving Average 17

  18. INDUSTRY BRIEF According to TechSci Research report, “Global Super Abrasives Market By Product, By Application, By Region, Competition, Forecast & Opportunities, 2025”, the global super abrasives market is estimated at around $ 3.5 billion in 2020 and is projected to grow to $ 4.8 billion by 2025. Super abrasive materials are used for coating several tools, like grinding wheels to enhance their grinding output, which is driving the market growth. Rising demand for medical equipment such as surgical bone drills, pace makers, hearing aids, etc., is also boosting the growth of super abrasives market worldwide. Furthermore, manufacturing processes like machining centers and automated systems are widely using the product owing to requirement of high operating speeds for machining process. Due to the increasing implementation of these manufacturing technologies, the global super abrasives market is forecast to rev up over the next five years. Global super abrasives market has been segmented based on product, application and region. Considering the product, the market is fragmented into Cubic Boron Nitride, Polycrystalline, CVD diamonds and nano diamonds. Out of which, Cubic Boron Nitride (CBN) segment is the largest segment and is expected continue its dominance during the forecast period. The increasing awareness regarding the benefits of CBN over other hard materials used for various industrial processes, such as cutting, grinding, drilling, and boring, is having the most significant impact on the growth of CBN segment. Further, based on application, the automotive sector dominates the market, however, in the present scenario of Coronavirus pandemic, the automotive industry is experiencing huge fluctuations. Rapid decrease in vehicle sales coupled with shutting down of automobile and component manufacturing plants globally has negatively impacted the automotive industry. Nevertheless, super abrasives are experiencing significant demand from the medical industry. Due to the sudden onslaught of the Coronavirus pandemic, there is a sudden surge in demand for emergency medical equipment and protective gear, which is further driving the sales of super abrasives. Saint-Gobain Abrasives, Inc, Günter Wendt GmbH Radiac Abrasives, Inc, Noritake Co. Limited, Asahi Diamond Industrial Co., Ltd, 3M Company, Carborundum Universal Ltd, Guangdong Chanway Industrial Co. Ltd, etc., are the leading players operating in the global super abrasives market. “Asia-Pacific is expected to witness fastest growth in the global super abrasives market until 2025 on the account of increasing construction work and infrastructural activities coupled with rising per capita income levels across the © TechSci Research developing economies such as China and India. Additionally, continuing growth of key end-user industries, like building, automotive, etc., coupled with rising emphasis on manufacturing sector, is further forecast to boost the growth of the global super abrasives market through 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consultingfirm. © TechSci Research18

  19. SAMPLE DATA - SNAPSHOT Global Super Abrasives Market Size, By Value, 2015-2025F (USD Million) CAGR (2020E-2025F) By Value: xx% CAGR (2015-2019) By Value: xxx% 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F North America Super Abrasives Market Share, By Product, By Value, 2015-2025F 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F Cubic Boron Nitride 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% CVD Diamonds 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% Polycrystalline 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% Nano Diamonds 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% United States Super Abrasives Market Share, By Application, By Value, 2015-2025F 2015 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F Automotive Construction Medical Aerospace Oil and Gas © TechSci Research 5.00% 5.00% 5.00% 5.00% 5.00% © TechSci Research19

  20. REPORT ORDERING REPORT NAME : GLOBAL SUPER ABRASIVES MARKET BY PRODUCT, BY APPLICATON, BY REGION, COMPETITION, FORECAST AND OPPORTUNITIES 2015 – 2025 License Type Single User License Price $4450 Multi-User License $5450 Custom Research License $9450 To View Sample OR Purchase Report © TechSci Research © TechSci Research20

  21. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Global Metal Casting Market By Vehicle Type , By Electric Vehicle Type By Material Type (Aluminium Casting, Cast Iron, Magnesium Casting, Zinc Casting and Others), By Application (Body Assemblies, Transmission Parts and Engine Parts), By Company and By Geography, Forecast & Opportunities, 2025 Global Metal Cutting Tools Market By Material (Carbide, Ceramics, CBN & PCD, Others), By Process (Milling, Turning, Drilling, Rotary, Others) By End- Use (Automotive, Aerospace & Defense, Energy, Others), By Region, Competition, Forecast & Opportunities, 2024 Global Drilling Tools Market By Type (Drill Bits, Drilling Tubulars, Drilling Motors, Drill Reamers and Stabilizers, Drill Collars, Drill Jars, Drill Swivels, Mechanical Thrusters), By Application(Onshore and Offshore), By Company and By Geography, Forecast & Opportunities, 2025 • • • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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