The global demand for Coated Abrasives Market is presumed to reach the market size of nearly USD XX BN by 2032 from USD XX BN in 2023 with a CAGR of 12.5% under the study period 2024 - 2032.
A coated abrasive is produced by attaching abrasive grains to a substrate using a bonding agent. The most common substrates used are paper, cloth, vulcanized fiber, and plastic films. The abrasive grains can be natural or synthetic. These abrasives are primarily used for heavy stock removal, grinding, deburring, blending, cleaning, polishing, and finishing operations. They are available in the form of sheets, rolls, discs, and belts. The minerals used in the manufacture of coated abrasives are selected based on the required hardness, toughness, inertness, heat resistance, fracture characteristics, and particle shape of the product. Many variants of these abrasives are available for use by hand or with power tools like sanders, die grinders, and belt sanders.
Market Dynamics
The ever-growing demand for abrasives to improve surface finish or shape objects will be the primary stimulant for market growth. The rising demand for coated abrasives in light polishing applications across several industries like automobile, auto ancillaries, hand and power tools, sanitary ware, furniture, fabrication, and the construction industry will benefit market growth. The use of coated abrasive for finishing ophthalmic lenses will expand the market growth in the healthcare sector. Coated abrasives being adopted in the sports sector, especially in the golf and aerospace sectors, will provide lucrative market growth opportunities. The main challenge faced by this market is the reduced performance efficiency due to improper storage practices.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of coated abrasives. The growth and trends of coated abrasives industry provide a holistic approach to this study.
Market Segmentation
This section of the coated abrasives market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Non-woven
- Paper
- Cloth
- Polyester
- Fiber
- Combination
By Application
- Building
- Industrial
- Household
- Automotive
- Electronic
- Furniture
- Other
By Abrasive Grain
- Aluminum Oxide
- Silicon Carbide
- Ceramic
- Garnet
- Emery
- Zirconia
By Backing Material
By Bond
By Distribution Channel
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Coated Abrasives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Coated Abrasives Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Coated Abrasives market include 3M, Bosch Group, Cabot, EI du Pont de Nemours, Henkel, Imerys. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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