Coated Abrasive Market Size, Share Global Industry Current Trends, Top Companies, Application, Growth Factors, Development and Forecast to 2022 Research Report
Posted on Oct 6 2020 7:23 AM
"Coated Abrasive Market Report 2020 provides complete analysis about the market size, share, overview and growth prospects which are impacting the growth of the market. The Coated Abrasive market report helps consumers to recognize the market challenges and opportunities. "
Global Coated Abrasive Market 2020 Research Report share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Coated Abrasive submarkets, with respect to key regions (along with their respective key countries). It analyzes competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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Global Coated Abrasive Market report consumption (value and volume) by key regions/countries, product type and application and forecast to 2022. Coated Abrasive market understand the structure by identifying its various subsegments. Focuses on the key global Coated Abrasive manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. Coated Abrasive with respect to individual growth trends, future prospects, and their contribution to the total market.
Coated Abrasive Market report studies the world market size of Coated Abrasive in key regions like North America, Europe, Asia Pacific, Central & South America and Mideast & Africa, focuses on the consumption of Coated Abrasive in these regions. The various contributors concerned within the price chain of Coated Abrasive embrace makers, suppliers, distributors, intermediaries, and customers.
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Global Coated Abrasives Market Information, By Types (Aluminium Oxide, Silicon Carbide, Zirconia Alumina, Ceramic Alumina, Emery and Garnet), By Application (Metalworking, Woodworking, Automotive, Electronics & Semiconductors, Aerospace & Defense, and Others)
Market Synopsis of Global Coated Abrasives market:
Abrasive can be defined as substance used for giving shape to any hard material by rubbing the material against the abrasives. The multibillion dollar abrasive industry is broadly classified into three main categories, bonded abrasives, coated abrasives, and super abrasives. Each category having nearly equal dominance in the industry. In terms of value share, the coated abrasives accounted for slightly above on-third of the global abrasives revenue. The impetus factors pulsating the growth of coated abrasives market includes, the augmenting demand for strong and durable tools for versatile applications such as cutting, sharpening and precise grinding across an array of industries. The demand for coated abrasives is concentrated among the various industries such as, metalworking, woodworking, automotive, electronics & semiconductors, and aerospace & defense among others, of which, the metalworking and woodworking industry accounts for nearly 60% of the overall revenue in the coated abrasives market. Furthermore, considerable spending on grinding wheels; USD 148 million in 2014, which is expected to reach approximately USD 220 million by 2020 can be further attributed to the rise of coated abrasives in the metalworking industry.
The economic slowdown in 2008, which had an adverse effect on the different business sectors such as, construction and automotive among other industries is regaining pace its pace. The housing market which crashed immensely during the crisis, especially in the developed markets like US and Europe is slowly regaining its pace, which in turn is boosting the demand for coated abrasives in the woodworking and construction sector in the developed markets. Also, the crude oil prices witnessed historic low, which in turn witnessed surge in automotive production both in the developing and developed nations. Altogether, considering the abovementioned factors, the global coated abrasives market is foreseen to grow substantially during the forecast period. According to analysis, the global coated abrasives market was valued at USD 10,233.3 million in 2016 and is expected to be valued at USD 14,671.2 million by the end of 2022, expanding at a CAGR of 6.3%.
Global Coated Abrasives Market Share, by Region 2015 (% share)
On the basis of types, aluminium and silicon carbide coated abrasives dominate the market in terms of value and volume, together both the segments account for 71.2% of the revenue share of the global coated abrasives market. Based on the applications, metalworking and woodworking segments accounts for largest market shares, together the segments account for more than one-third of the revenue generated in the coated abrasives market. Furthermore, the electronic & semiconductor segment offers lucrative opportunities with increasing demand for coated abrasives for precision grinding. Regionally, Asia-Pacific is the dominating market for coated abrasives followed by Europe and North America. Asia-Pacific market is expected to maintain its dominance throughout the forecast period in terms of value share, expanding at a CAGR of ~7%.
Key Players for Global Coated Abrasives market:
The global coated abrasives market is dominated by the tier 1 manufactures operating in the market, these players account for more the half of the revenue of global coated abrasives market. Some of the tier 1 companies among other players operating in the global coated abrasives market are Saint-Gobain, 3M, CUMI, Sia Abrasives AG, KLINGSPOR, Hermes Schleifmittel GmbH, and VSM AG among others.
Global coated abrasives market is segmented on the basis of types and applications. On the basis of types, the market is segmented into â€“â€“ Aluminium Oxide, Silicon Carbide, Zirconia Alumina, Ceramic Alumina, Emery, and Garnet of which aluminium oxide and silicon carbide accounts for significant market shares in the global coated abrasives market. On the basis of applications, the market is segmented into â€“â€“ Metalworking, Woodworking, Automotive, Electronics & Semiconductors, Aerospace & Defense, and others. Metalworking segment accounts for the largest market share among all the applications.
The report covers brief analysis of geographical region such as:
o Rest of Europe
o Rest of Asia-Pacific
Middle East & Africa
Among the aforementioned regions, Asia Pacific market dominates the global coated abrasives market, owing to the industrial penetration in the region, coupled with increasing automotive production. Also, the concentration of manufactures of coated abrasives and migration of Tier 1 manufacturers in the region are some of the protuberant factors for the regional dominance. Europe ranks second in terms of value and volume, primarily owing to the rebound in housing market and automotive production in the region.
Coated Abrasives Manufacturers
Coated Abrasives Suppliers & Traders
Abrasive Grain Manufacturers
Market Research and Consulting Service Providers
Key Point Involved in the Report: -
Coated Abrasive Market Forecast by regions, type and application, with sales and revenue, from 2020 to 2022.
Coated Abrasive Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
Coated Abrasive Market Size (sales, revenue) forecast by regions and countries from 2020 to 2022 of Coated Abrasive industry.
The global Coated Abrasive market Growth is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2022. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Coated Abrasive Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
Coated Abrasive Market Report also mentions market share accrued by each product in the Coated Abrasive market, along with the production growth.
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Coated Abrasive Market provides sizing and growth opportunities for the period 2020-2022. Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market. Report Includes a detailed analysis of growth drivers, challenges, and investment opportunities. Delivers a complete overview of segments and the regional outlook of the market. Coated Abrasive Market Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Total Chapters in Coated Abrasive Market Report are:
Chapter 1 Overview of Coated Abrasive Market
Chapter 2 Global Market Status and Forecast by Regions
Chapter 3 Global Market Status and Forecast by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 10 Market Driving Factor Analysis of Low End Servers
Chapter 11 Coated Abrasive Market Competition Status by Major Manufacturers
Chapter 12 Coated Abrasive Major Manufacturers Introduction and Market Data
Chapter 13 Upstream and Downstream Market Analysis of Coated Abrasive Market
Chapter 14 Cost and Gross Margin Analysis of Coated Abrasive Market
Detailed TOC of Global Coated Abrasive Market Analysis & Forecast
1 Executive Summary
2 Market Dynamics
2.1 Market Growth Factors
2.1.1 Rising Security and Safety Concern
2.1.2 Coated Abrasive in Developing Countries
2.1.3 Enhanced Business Productivity
2.2 Market Restraints
2.3 Coated Abrasive Supply Chain Process
2.4 Porter’s Five Forces Analysis
3 Global Coated Abrasive Market, By Type
4 Global Coated Abrasive Market, By Component
4.2.1 Coated Abrasive Components
5 Global Coated Abrasive Market, By Verticals
6 Global Coated Abrasive Market, By Region
6.2 Market, By Regions
6.2.1 North America
184.108.40.206 U.S. 33
220.127.116.11 Rest of Europe
18.104.22.168 Rest of Asia-pacific
6.2.8 Rest of the World (RoW)
22.214.171.124 Middle East & Africa
126.96.36.199 Latin Countries
7 Competitive Landscape
7.2 Market Share Analysis
7.3 Company Profiles
188.8.131.52 Business Overview
184.108.40.206 Product/Service Portfolio
220.127.116.11 Business Strategy
18.104.22.168 SWOT Analysis
8.1 Scope of the Study
8.1.1 Research Objective
8.2 Market Structure
9 Research Methodologies
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
9.4 Market Size Estimation
9.5 Forecast Model
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