Development Prospect Of Abrasive Market
Development Prospect Of Abrasive Market
Abrasives market by material (natural, synthetic), product (grinding wheel, sandpaper, others), type (bonded, coated, superhard), end-use industry (automotive, machinery, metal fabrication, petroleum & geology industry, electric processing industry and others)- global forecast to 2021", published by markets, the market is projected to grow from USD 41.21 Billion in 2015 to USD 58.43 Billion by 2021, at a CAGR of 6.10%.
The Abrasives Market is projected to witness significant growth in the next few years with the growing automotive, metal fabrication, electronics, electrical, medical, and construction industries. Abrasive is a material or substance such as pumice, sandpaper, or emery, which is used for grinding, cleaning, polishing, and smoothing. Abrasives are used in a wide range of domestic, industrial, and technological applications.
Use of grinding wheel in automotive is projected to increase during the forecast period.
Grinding, the most important abrasive product, is involved in the manufacturing of machinery, electrical, electronic components, and automotive components. It is made of abrasive grain, and is a self-sharpening cutting tool. The majority of grinding wheels made have a vitreous, ceramic bond, made of clays and feldspars. The grinding wheel segment accounted for the largest market share in 2015 due to higher speed, improved efficiency, and better productivity.
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| Single Point Diamond Dressers | diamond dresser for grinding wheel diamond dressersare used for dressing specific forms into conventional abrasive grinding wheels require longer ... | |
| CBN Grinding Wheel For Crankshaft | Descriptionof CBN grinding wheel for crankshaft: CBN Grinding Wheel For Crankshaft can equip with various high precision NC Crankshaft Grinding Ma... | |
| BK Polishing Wheels | Details Cup-Shape BK Polishing Wheels: It Mainly Used To Replace 10S Wheel And Lifetime Is 2 Times Of 10S Wheel , Suitable For Straight Line M... | |
| Abrasive Belts, Sanding Belts | Features of sanding belts: Highly resistant product designed for use with portable or non-portable belt sanders; Also used for sanding wood and w... | |
| CVD Diamond Plate for growing gem | CVDdiamondisdiamondproducedinanartificialprocess,asopposedtonaturaldiamonds,whicharecreatedbygeologicalprocesses.CVD diamond is used for ultra prec... |
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