Title: Abrasives Market: Global Forecasts to 2021
1Abrasives Market by Material (Natural,
Synthetic), Product (Grinding Wheel, Sandpaper,
Others), Type (Bonded, Coated, Super), End-Use
Industry (Automotive, Machinery, Metal
Fabrication, Others) - Global Forecast to
2021ByMarketsandMarkets
Published June-2016 Single User US
4650 Corporate User US 7150
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2Abrasives Market Global Forecasts to 2021
- Increasing demand from machinery industry
coupled with growing automotive industry is
expected to drive the abrasives market - The global abrasives market size is projected to
grow from USD 41.21 billion in 2015 to reach USD
58.43 billion by 2021, at a projected CAGR of
6.10. The growth of this market is driven by the
increased demand from the automotive and
machinery industries globally, especially in
Asia-Pacific due to urbanization and
industrialization. - Coated sector projected to grow at the highest
rate during the forecast period - The coated sector is projected to be the
fastest-growing segment on the basis of type, in
the next five years. Due to the focus on rapid
industrialization in emerging economies and
development of the metal fabrication industry, a
shift is expected towards the inclination of
both, suppliers and consumers, towards abrasives.
Increasing demand in welding, automotive,
foundry, and jewelry industries is also expected
to drive the coated abrasives market in next five
years.
3 Abrasives Market Global Forecasts to 2021
- Asia-Pacific is projected to dominate the
abrasives market in 2021 - Asia-Pacific accounted for the largest share in
the abrasives market in 2015, and is projected to
dominate the market in 2021.The market in
Asia-Pacific is projected to grow at the highest
rate during the forecast period. The rise in
disposable income, exceptional demand for
passenger and commercial vehicles, and rise in
the sales of electronic devices are driving the
abrasives market - Breakdown of Primaries
- Primary interviews were conducted with a number
of industry experts in order to collect data
related to different aspects of the abrasives
market - By Company Type Tier 1 43 Tier 2 33 Tier
3 24 - By Designation C-level 40Manager Level
35Others 25 - By Region North America 40 Europe 20
Asia-Pacific 25 RoW 15
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4Abrasives Market Global Forecasts to 2021
Some of the major companies profiled in this
report are Robert Bosch GMBH (Germany), 3M
Company (U.S.), E.I. du Pont de Nemours and
Company (U.S.), Saint-Gobain Abrasives, Inc.
(France), Fujimi Incorporated (Japan), Henkel AG
CO. KGAA (Germany), Tyrolit Group (Austria),
Asahi Diamond Industrial Co., LTD (Japan),
Deerfos Co., Ltd (Korea), Carborundum Universal
Limited (India). Complete report on Abrasives
Market spread across 227 pages, 10 profiling
companies and supported with 198 tables and 66
figures is now available at http//www.rnrmarketre
search.com/abrasives-market-by-material-natural-sy
nthetic-product-grinding-wheel-sandpaper-others-ty
pe-bonded-coated-super-end-use-industry-automotive
-machinery-metal-fabrication-others-global-forecas
t-to-2021-market-report.html .
5Abrasives Market Global Forecasts to 2021
Table of Contents 1 Introduction 2 Research
Methodology 3 Executive Summary 4 Premium
Insights 5 Market Overview 6 Industry Trends
7 Abrasives Market, By Material 8 Abrasives
Market, By Product 9 Abrasives Market, By
Type 10 Abrasives Market, By End-Use Industry
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ketresearch.com/contacts/purchase?rname606641 .
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6Abrasives Market Global Forecasts to 2021
- For more details contact Mr. Ritesh Tiwari
sales_at_rnrmarketresearch.com / 18883915441
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