Abrasives Market is expected to generate a revenue of USD 81,605.63 Million by 2030, Globally, at 6.08% CAGR: Verified Market Research®

The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Abrasives Market.

JERSEY CITY, N.J., Jan. 19, 2023 /PRNewswire/ -- Verified Market Research® recently published a report, "Abrasives Market" By Type (Bonded Abrasives, Coated Abrasives), By Product-Type (Dishes, Disc, Cylinder), By End-User (Metal Fabrication, Machinery), and By Geography.

As per the deep research carried out by Verified Market Research®, the global Abrasives Market size was valued at USD 47,975.39 Million in 2021 and is projected to reach USD 81,605.63 Million by 2030, growing at a CAGR of 6.08% from 2023 to 2030.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=30720

Browse in-depth TOC on "Abrasives Market"

202 - Pages
126 – Tables
37 – Figures

Global Abrasives Market Overview

The materials known as abrasives are used to polish any workpiece and rub it down. These ceramics are employed in the grinding, polishing, and cutting of softer materials. The mechanics of abrasion, as well as the disparity in hardness between the abrasive and other materials on which work is done, generally determine the qualities of an abrasive substance. They are extensively employed in a wide range of industrial, technological, household, and other applications.

Fabrication industries are the primary driver of market growth. Furthermore, rising demand for electronic component manufacturing and rapid growth in the automobile industry are two factors driving the market growth. Furthermore, rising health concerns fueled the development of medical devices, imposing a positive factor in accelerating market growth. However, the issue of raw material volatility is expected to stymie market growth.

Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The "Global Abrasives Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Key Players

The "Global Abrasives Market" study report will provide valuable insight with an emphasis on the global market.  The major players in the market are E.I. Du Pont De Nemours and Co., 3M Company, Saint-Gobain S.A., Robert Bosch GMBH, Fujimi Incorporated, Tyrolit Group, Asahi Diamond Industrial Co., LTD, Deerfos Co., Ltd, Henkel AG & CO. KGAA, and Carborundum Universal Limited.

Based on the research, Verified Market Research® has segmented the global Abrasives Market into Type, Product-Type, End-User, and Geography.

• Abrasives Market, by Type
• Bonded Abrasives
• Coated Abrasives
• Super Abrasives
• Abrasives Market, by Product-Type
• Dishes
• Disc
• Cylinder
• Cups
• Abrasives Market, by End-User
• Metal Fabrication
• Machinery
• Electrical & Electronics Equipment
• Automotive
• Others
• Abrasives Market, by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

Browse Related Reports:

Superabrasives Market By Material (Diamond, Cubic Boron Nitride), By End-User (Automotive, Oil And Gas, Building And Construction, Aerospace And Defense), By Geography, And Forecast

Abrasive Sanding Discs Market By Type (Aluminium Oxide, Silicon Carbide), By Application (Wood, Metal), By Geography, And Forecast

Rubber Bonded Abrasive Market By Product (Natural Rubber Bonded Abrasives and Synthetic Rubber Bonded Abrasives), By Application (Heavy Industries, Transportation Components, Electrical & Electronic Equipment, Medical Equipment, and Other Applications), By Geography, And Forecast

Synthetic Abrasive Market By Product (Bonded Abrasive, Coated Abrasive, Super Abrasive), By Application (Automotive, Machinery, Metal Fabrication, Electrical & Electronics Equipment), By Geography, And Forecast

7 Leading Abrasive Manufacturerss tweaking workpieces by rubbing substances

Visualize Abrasives Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/1315349/Verified_Market_Research_Logo.jpg