The global market for bonded abrasives is anticipated to grow at a consistent CAGR of roughly 5% between 2022 and 2032. An abrasive is a substance that, when applied to a surface, generates the surface polish and shape needed. Abrasives are often minerals that come in a variety of forms, sizes, and kinds.
The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Bonded Abrasives marketstructure. FMI’s in-house team for chemicals materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals materials trends and innovation in 100+ countries.
The growing automobile industry is expected to boost the overall growth of the bonded abrasives market. Resin grinding wheels are widely used in giving the required surface finish as well as the desired design to the automobiles.
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Bonded Abrasives Market: Key Segmentation
- Vitrified Bonds
- Rubber Bonds
- Resin Bonds
By End User
- Metal Working
Bonded Abrasives Market: Competitive Evaluation
The FMI’s Bonded Abrasives market report provides a comprehensive analysis on key players operating in the Bonded Abrasives market. Some of the key players are:
- Marrose Abrasives
- SAK ABRASIVES LIMITED
- Carborundum Universal Limited
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
Bonded Abrasives Market Regional Analysis
North America is expected to be the largest shareholder for the bonded abrasives market. The growing demand especially in the U.S is expected to boost the growth of the global bonded abrasives market.
Europe is expected to be the next largest consumer of bonded abrasives market especially due to the growing demand, especially in Germany. The Asia Pacific is expected to be the fastest-growing market for the bonded abrasives market mainly due to the presence of various end-use industries, especially in China and India.
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