Abrasive Wheels Market Size, Share, Trends, Growth 2032
Abrasive Wheels Market By Product (Bonded Wheels and Super Abrasive Wheels) By Material Type (Aluminum Oxide, Zirconia Alumina, Silicon Carbide, and Ceramic Aluminum Oxide), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 8.98 Billion | USD 13.95 Billion | 5.02% | 2023 |
Table Of Content
- Chapter 1. Introduction
- 1.1. Report description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & Offerings
- 1.2. Research scope
- 1.3. Market Research Methodology
- 1.3.1. Level 1: Primary Research
- 1.3.2. Level 2: Secondary Research
- 1.3.3. Level 3: Data Validation and Expert Panel Assessment
- 1.1. Report description
- Chapter 2. Executive Summary
- 2.1. Global Abrasive wheels market, 2016-2026 (USD Billion)
- 2.2. Global Abrasive wheels market: Snapshot
- Chapter 3. Global Abrasive Wheels Market - Industry Dynamics
- 3.1. Introduction
- 3.1.1. Classification of Global Abrasive wheels market
- 3.1.2. Key trend analysis
- 3.2. Market Drivers
- 3.2.1. Increasing use of abrasive wheels in the automotive industry
- 3.2.2. Decreasing cost of synthetic diamonds
- 3.2.3. Growing Production of Electronics Components
- 3.3. Market Restraints
- 3.3.1. Challenging grinding operations
- 3.3.2. A growing number of regulations in manufacturing
- 3.4. Opportunities
- 3.4.1. Technological advancements through R&D
- 3.4.2. Flourishing automotive industry
- 3.5. Porter's Five Forces Analysis
- 3.6. Attractiveness Investment Proposition
- 3.6.1. Market attractiveness analysis by Product
- 3.6.2. Market attractiveness analysis by Material Type
- 3.6.3. Market attractiveness analysis by Region
- 3.6.4. Global Abrasive wheels Market Country Ranking by Market Size, 2018
- 3.6.5. Global Abrasive wheels Market Country Ranking by CAGR, 2019-2026
- 3.1. Introduction
- Chapter 4. Global Abrasive Wheels Market - Competitive Landscape
- 4.1. Company market share analysis, 2018 (subject to data availability)
- 4.2. Strategic Development
- 4.2.1. Acquisitions & Mergers
- 4.2.2. New Products Launch
- 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures, and Key Growth Strategies
- 4.3. Research and Development and Regional Expansion
- 4.4. List of Emerging Companies
- Chapter 5. Global Abrasive wheels Market - Marketing Strategy Analysis
- 5.1. Marketing Channels
- 5.2. Target Client
- 5.3. Consumer Preference Trends
- 5.4. PESTEL Analysis
- 5.5. SWOT Analysis
- Chapter 6. Global Abrasive wheels Market - Product Analysis
- 6.1. Global abrasive wheels market: Product analysis
- 6.1.1. Global abrasive wheels market share by Product segment, 2018 and 2026
- 6.2. Bonded wheels
- 6.2.1. Overview
- 6.2.2. Global bonded wheels market, 2016-2026 (USD Billion)
- 6.3. Super Abrasive Wheels
- 6.3.1. Overview
- 6.3.2. Global super abrasive wheels market, 2016-2026 (USD Billion)
- 6.1. Global abrasive wheels market: Product analysis
- Chapter 7. Global Abrasive wheels Market - Material Type Analysis
- 7.1. Global abrasive wheels market: Material type Overview
- 7.1.1. Global Abrasive wheels Market Revenue Share, by material type, 2018 and 2026
- 7.2. Aluminum oxide
- 7.2.1. Global abrasive wheels market for aluminum oxide, 2016-2026 (USD Billion)
- 7.3. Zirconia alumina
- 7.3.1. Global abrasive wheels market for zirconia alumina, 2016-2026 (USD Billion)
- 7.4. Silicon carbide
- 7.4.1. Global abrasive wheels market for silicon carbide, 2016-2026 (USD Billion)
- 7.5. Ceramic aluminum oxide
- 7.5.1. Global abrasive wheels market for ceramic aluminum oxide, 2016-2026 (USD Billion)
- 7.1. Global abrasive wheels market: Material type Overview
- Chapter 8. Global Abrasive wheels market: Regional Analysis
- 8.1. Global abrasive wheels market: Regional overview
- 8.1.1. Global abrasive wheels market share by region, 2018 and 2026
- 8.2. North America
- 8.2.1. Overview
- 8.2.1.1. North America global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.2.1.2. North America global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.2.2. The U.S.
- 8.2.2.1. The U.S. global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.2.2.2. The U.S. global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.2.3. Canada
- 8.2.3.1. Canada global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.2.3.2. Canada global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.2.1. Overview
- 8.3. Europe
- 8.3.1. Overview
- 8.3.1.1. Europe global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.3.1.2. Europe global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.3.2. Germany
- 8.3.2.1. Germany global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.3.2.2. Germany global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.3.3. UK
- 8.3.3.1. UK global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.3.3.2. UK global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.3.4. France
- 8.3.4.1. France global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.3.4.2. France global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.3.5. Rest of Europe
- 8.3.5.1. Rest of Europe global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.3.5.2. Rest of Europe global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.3.1. Overview
- 8.4. Asia Pacific
- 8.4.1. Overview
- 8.4.1.1. Asia Pacific global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.4.1.2. Asia Pacific global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.4.2. China
- 8.4.2.1. China global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.4.2.2. China global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.4.3. Japan
- 8.4.3.1. Japan global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.4.3.2. Japan global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.4.4. India
- 8.4.4.1. India global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.4.4.2. India global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.4.5. Rest of Asia Pacific
- 8.4.5.1. Rest of Asia Pacific global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.4.5.2. Rest of Asia Pacific global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.4.1. Overview
- 8.5. Latin America
- 8.5.1. Overview
- 8.5.1.1. Latin America global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.5.1.2. Latin America global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.5.2. Brazil
- 8.5.2.1. Brazil global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.5.2.2. Brazil global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.5.3. Rest of Latin America
- 8.5.3.1. Rest of Latin America global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.5.3.2. Rest of Latin America global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.5.1. Overview
- 8.6. The Middle East and Africa
- 8.6.1. Overview
- 8.6.1.1. The Middle East and Africa global abrasive wheels market revenue, by Product, 2016-2026 (USD Billion)
- 8.6.1.2. The Middle East and Africa global abrasive wheels market revenue, by Material type, 2016-2026 (USD Billion)
- 8.6.1. Overview
- 8.1. Global abrasive wheels market: Regional overview
- Chapter 9. Company Profile
- 9.1. 3M
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Product portfolio
- 9.1.4. Business strategy
- 9.1.5. Recent developments
- 9.2. SuperAbrasives
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Product portfolio
- 9.2.4. Business strategy
- 9.2.5. Recent developments
- 9.3. Saint-Gobain
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Product portfolio
- 9.3.4. Business strategy
- 9.3.5. Recent developments
- 9.4. NORITAKE
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Product portfolio
- 9.4.4. Business strategy
- 9.4.5. Recent developments
- 9.5. KLINGSPOR Abrasives
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Product portfolio
- 9.5.4. Business strategy
- 9.5.5. Recent developments
- 9.6. DSA Products
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Product portfolio
- 9.6.4. Business strategy
- 9.6.5. Recent developments
- 9.7. Andre Abrasive Articles
- 9.7.1. Overview
- 9.7.2. Financials
- 9.7.3. Product portfolio
- 9.7.4. Business strategy
- 9.7.5. Recent developments
- 9.8. DEERFOS
- 9.8.1. Overview
- 9.8.2. Financials
- 9.8.3. Product portfolio
- 9.8.4. Business strategy
- 9.8.5. Recent developments
- 9.9. Camel Grinding Wheels Works
- 9.9.1. Overview
- 9.9.2. Financials
- 9.9.3. Product portfolio
- 9.9.4. Business strategy
- 9.9.5. Recent developments
- 9.10. Tyrolit Group
- 9.10.1. Overview
- 9.10.2. Financials
- 9.10.3. Product portfolio
- 9.10.4. Business strategy
- 9.10.5. Recent developments
- 9.1. 3M
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global Abrasive Wheels Market revenue, 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Abrasive Wheels Market attractiveness analysis, by Product
6. Global Abrasive Wheels Market attractiveness analysis, by Material Type
7. Global Abrasive Wheels Market attractiveness analysis, by Region
8. Company market share analysis, 2018
9. Global Abrasive Wheels Market revenue share by Product, 2018 and 2025
10. Global Abrasive Wheels Market Revenue for Bonded wheels, 2016–2026 (USD Billion)
11. Global Abrasive Wheels Market Revenue for Super abrasive wheels, 2016–2026 (USD Billion)
12. Global Abrasive Wheels Market revenue share by Material Type, 2018 and 2025(USD Billion)
13. Global Abrasive Wheels Market Revenue for Aluminum oxide, 2016–2026 (USD Billion)
14. Global Abrasive Wheels Market Revenue for Zirconia alumina, 2016–2026 (USD Billion)
15. Global Abrasive Wheels Market Revenue for Silicon carbide, 2016–2026 (USD Billion)
16. Global Abrasive Wheels Market Revenue for Ceramic aluminum oxide, 2016–2026 (USD Billion)
17. North America Abrasive Wheels Market Revenue, 2016–2026 (USD Billion)
18. Europe Abrasive Wheels Market Revenue, 2016–2026 (USD Billion)
19. Asia Pacific Abrasive Wheels Market Revenue, 2016–2026 (USD Billion)
20. Latin America Abrasive Wheels Market Revenue, 2016–2026 (USD Billion)
21. The Middle East and Africa Abrasive Wheels Market Revenue, 2016–2026 (USD Billion)
Table Of Tables
List of Tables
1. Global Abrasive Wheels Market: Market Snapshot
2. Drivers of the Global Abrasive Wheels Market: Impact analysis
3. Restraints of the Global Abrasive Wheels Market: Impact analysis
4. North America Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
5. North America Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
6. The U.S. Abrasive Wheels Market Revenue, by Product,2016–2026 (USD Billion)
7. The U.S. Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
8. Canada Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
9. Canada Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
10. Europe Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
11. Europe Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
12. Germany Abrasive Wheels Market Revenue, by Product,2016–2026 (USD Billion)
13. Germany Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
14. UK Abrasive Wheels Market Revenue, by Product,2016–2026 (USD Billion)
15. UK Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
16. France Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
17. France Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
18. Rest of Europe Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
19. Rest of Europe Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
20. Asia Pacific Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
21. Asia Pacific Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
22. Asia Pacific Abrasive Wheels Market Revenue, by End-User, 2016–2026 (USD Billion)
23. China Abrasive Wheels Market Revenue, by product, 2016–2026 (USD Billion)
24. China Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
25. Japan Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
26. Japan Abrasive Wheels Market Revenue, by Material Type,2016–2026 (USD Billion)
27. India Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
28. India Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
29. Rest of Asia Pacific Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
30. Rest of Asia Pacific Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
31. Latin America Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
32. Latin America Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
33. Brazil Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
34. Brazil Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
35. Rest of Latin America Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
36. Rest of Latin America Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
37. The Middle East and Africa Abrasive Wheels Market Revenue, by Product, 2016–2026 (USD Billion)
38. The Middle East and Africa Abrasive Wheels Market Revenue, by Material Type, 2016–2026 (USD Billion)
Methodology
FrequentlyAsked Questions
Specialized instruments known as abrasive wheels are employed to grind, cut, or polish a wide range of materials. Abrasive particles are affixed to a matrix material, which may consist of metal, resin, ceramic, or rubber. Wheels are available in an assortment of configurations, dimensions, and compositions to accommodate various materials and applications.
Specialized equipment utilized to grind, carve, and polish a variety of substances, including metal, concrete, stone, and ceramics, are abrasive wheels. Wheels comprised of abrasive particulates and a binder material are fashioned into the form of wheels; these wheels are compatible with power tools including grinders, sanders, and cut-off machines.
The global abrasive wheels market size was evaluated at $8.98 billion in 2023 and is slated to hit $13.95 billion by the end of 2032.
The global abrasive wheels market with a CAGR of nearly 5.02% between 2024 and 2032.
Present and anticipated demand for North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa are included in the regional segment. This segmentation also encompasses the demand from key nations such as the United States, United Kingdom, Germany, China, India, Japan, and Brazil.
Some key players present in the global abrasive wheels market are 3M, SuperAbrasives, Saint-Gobain, NORITAKE, KLINGSPOR Abrasives, DSA Products, Andre Abrasive Articles, DEERFOS, Camel Grinding Wheels Works, and Tyrolit Group.
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