Abrasives Market

1. Abrasives Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2030 Constant expansion of applications along with rapid industrialization further accompanied by growing investments is key drivers for Global Abrasives Market. Abrasives Market is valued around USD 41.54 Billion in 2019 and expected to reach USD 84.84 Billion by 2030 with the CAGR of 6.6% over the forecast period. Abrasives are hard material which is widely used for industrial, domestic & commercial purposes to provide smooth surface especially in construction industry. Abrasives are synthetic as well as natural made up of single material or combination of different materials. Abrasives are used for cleaning, polishing, grinding and others available in different shapes and sizes. The properties vary from material to material, as per basic nature it must be harder than the material which has to be polished. Global Abrasives Market report is segmented on the basis of type, material, product type, end user and by regional. Based upon type, the abrasives market is fragmented into bonded, coated, and super abrasives. On the basis of material, the market is categorized into natural and synthetic. Based on product type, the market is fragmented into disc, cups, and cylinder. Based on end user, the market is categorized into automotive, machinery, aerospace, metal fabrication, electronics, construction, and others. The regional bifurcation of countries includes North America, Europe, Asia-Pacific, and RoW which are further segmented into major countries such as U.S., UK, France, and others. The abrasives market is mainly driven by the constant rising demand from different industries such as fabrication, automotive, electronic components along with the reducing cost of synthetic diamonds. Rapid growth in construction industry in the developing economies supported by burgeoning manufacturing sector owing to growing population anticipated the market growth. In addition, rapid growth of healthcare industry supported by technological advancements has fueled the growth of abrasives market in the near future. On the other hand, rising disposable income accompanied by rising investment in the market are also likely to enhance the market growth. However, stringent regulatory policy with regards to the use of silica together with fluctuating prices of raw materials may restrain the market growth in near future. Download sample copy of this report at https://www.nextmsc.com/Abrasive- Market/request-sample The developing region such as Asia Pacific is likely to hold the major market size owing to the rapid growth in construction industry accompanied by rapid urbanization. In addition, surge in industrialization along with growing disposable income as well as rising investments in the market are also expected to contribute the market growth. The developed regions such as North America holds the second leading market size followed by

2. Europe owing to the surge in fabrication industry along with the development of interior industry as well as wide applications. The major market players profiled in the abrasives market includes Robert Bosch GmbH, 3M Company, Sankyo-Rikagaku, Abrasiflex, Noritake, Asahi Diamond Industrial, Dowdupont, Deerfos, Tyrolit Group, Nippon Resibon Corporation,Fujimi Incorporated, Carborundum Universal, Compagnie De Saint-Gobain S.A., Henkel, Krebs & Riedel Schleifscheibenfabrik among others. About Us: Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics. We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that range from the pre consultation to after-sales services provide an excellent client experience and ensure right strategic decision making for businesses. Contact US: Joseph Lawrence (Head - Client Engagement & Servicing) Joseph@nextmsc.com