Lucintel's latest market report analyzed that abrasive provides attractive opportunities in the aerospace, automotive, machinery, metal fabrication, and electrical & electronics equipment market. The abrasive market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. In this market, coated abrasive is the largest segment by product type, whereas automotive is largest by end use industry.
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Based on product type, the abrasive market is segmented into coated abrasives, bonded abrasives, and super abrasives. The coated abrasive segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to growing usage of coated abrasive in consumer goods, fabrication, hand & power tools, furniture, and surgical products.
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The Abrasive Market is marked by the presence of several big and small players. Some of the prominent players offering abrasive include Robert-Bosch, 3M, Saint-Gobain, Fujimi, Henkel, Asahi Diamond Industrial.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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