Global Abrasives Market to grow at a CAGR of 5.59% during the period 2016 - 2020; Finds New Report

Report forecast the global abrasives market to grow at a CAGR of 5.59% during the period 2016-2020.

Abrasives are materials that are used to grind, abrade, or clean workpieces to give desired shape and finish. They are of different types, but can be broadly classified into bonded, coated, loose abrasive grains, super abrasives, and others.

The basic raw materials used to make abrasives are ceramics, diamonds, and naturally occurring elements. Abrasives are used for polishing surfaces, buffing, honing, and sanding.

The report covers the present scenario and the growth prospects of the global abrasives market for 2015-2020. To calculate the market size, the report considers revenue generated from the sales of abrasives in APAC, Europe, Americas, and rest of the world (ROW).

The market is divided into the following segments based on type:

• Bonded abrasives
• Coated abrasives
• Super abrasives

According to the report, the global coated abrasives market is a red ocean market. The competition among the global and regional manufacturers is intense. The manufacturers are focusing on the development of innovative coated abrasive-based products to gain a competitive edge.

Further, the report states that raw materials such as silica, which are used in the production of abrasives are hazardous to human health. Exposure to silica can cause asthma and lung cancers. Such health hazards have compelled the governments of many countries to place restrictions on the use of silica in the production of abrasives.

Global Abrasives Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Abrasives Market:   3M Co., DuPont, Henkel AG & Company KGaA, Robert Bosch GmbH, and Saint-Gobain S.A.

Other Prominent Vendors in the market are: Abrasive Technology, Allied High Tech Products, Almatis, Asahi Diamond Industrial, Cabot Microelectronics, and TYROLIT Schleifmittelwerke.

Market driver

• Product innovations and growing acceptance of complex medical devices
• For a full, detailed list, view our report

Market challenge

• Stringent government regulations affecting abrasives industry
• For a full, detailed list, view our report

Market trend

• Evolution of garnet
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 73 pages and 46 Exhibit “Global Abrasives Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation  by type, Market segmentation by end user, Market segmentation by geography, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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