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Classified in: Mining industry
Subject: SVY

Abrasives Market Size Worth $59.34 Billion by 2025 | CAGR: 5.9%: Grand View Research, Inc.


SAN FRANCISCO, March 12, 2018 /PRNewswire/ --

The global abrasives market size is expected to reach USD 59.34 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 5.9% during the forecast period. Abrasive materials are used for grinding and polishing a substrate such as wood and metal. They are available in natural or synthetic form and possess properties such as purity, hardness, and brittleness.

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Synthetic products are less expensive and perform the grinding and polishing process much better and faster than the natural ones, thus reducing the overall cost. It is for this reason artificial materials are gaining an edge over the natural ones, which include garnet, corundum, and emery.

Aluminum oxide, cubic carbon nitride, and synthetic diamond are various grains used for abrasive production. Several types of minerals, glues, resins, and backings are used to produce different products. These minerals are bonded with various agents and are deposited on cloth or paper to form coated abrasives. Superabrasives are another type of products that are used when hard materials require high quality surface finish.

Leading manufacturers include Noritake Co., Inc, Saint-Gobain S.A., The 3M Company, Henan Huanghe Whirlwind Co., Ltd, and TYROLIT Schleifmittelwerke Swarovski K.G. They manufacture products to serve various end-user sectors such as aerospace, automotive, oil & gas, retail, and furniture & wood working markets.

Browse full research report with TOC on "Abrasives Market Size, Share & Trends Analysis Report, By Type (Bonded, Coated, Superabrasive), By Material (Natural, Synthetic), By End-use (Automotive, Metal Fabrication, Machinery), And Segment Forecasts, 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/abrasives-market

Further key findings from the report suggest: 

Browse related reports by Grand View Research: 

Grand View Research has segmented the global abrasives market on the basis of type, material, end use, and region. 

Read Our Blog: https://www.grandviewresearch.com/blogs/advanced-materials

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected]

Web: http://www.grandviewresearch.com

SOURCE Grand View Research, Inc.


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