Global Abrasive Disc Market Growth 2023-2029

Global Abrasive Disc Market Growth 2023-2029

Product Code:454201

Published Date: Feb 08,2023

Pages: 118

Region: Global

Category: Machinery & Equipment

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Abrasive disc is a coated abrasive which bonded fine ore abrasive grains to the base material of uniform thickness. It can machine a uniform surface.

Abrasive discs consist of abrasive grains adhered onto a backing of cloth, fiber, film, paper, non-woven, or other material. These units are then mounted on a sander, grinder or similar tool and used in a variety of sanding, grinding, polishing and surface preparation applications.

LPI (LP Information)' newest research report, the “Abrasive Disc Industry Forecast” looks at past sales and reviews total world Abrasive Disc sales in 2022, providing a comprehensive analysis by region and market sector of projected Abrasive Disc sales for 2023 through 2029. With Abrasive Disc sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Abrasive Disc industry.

This Insight Report provides a comprehensive analysis of the global Abrasive Disc landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Abrasive Disc portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Abrasive Disc market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Abrasive Disc and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Abrasive Disc.

The global Abrasive Disc market size is projected to grow from US$ 4455.9 million in 2022 to US$ 5406.5 million in 2029; it is expected to grow at a CAGR of 5406.5 from 2023 to 2029.

Global Abrasive Disc key players include Saint-Gobain, Tyrolit, Zhuhai Elephant, WINKING, Shengsen Abrasive, etc. Global top five manufacturers hold a share over 35%.

China is the largest market, with a share over 40%, followed by Germany and USA, both have a share over 30%. 
In terms of application, the largest application is Iron, followed by Steel, Building Materials, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Abrasive Disc market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Cutting Disc
    Grinding Disc
    Others

Segmentation by application
    Iron
    Steel
    Stainless Steel
    Cast Iron
    Other Metal Materials
    Building Materials
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Saint-Gobain
    Tyrolit
    3M
    Rhodius
    DRONCO
    Bosch
    Pferd
    Klingspor
    Hermes Schleifmittel
    METABO
    Weiler
    Mirka
    Stanley Black and Decker
    Ali Industries
    CGW
    Ingersoll-rand
    Deerfos

Key Questions Addressed in this Report
What is the 10-year outlook for the global Abrasive Disc market?
What factors are driving Abrasive Disc market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Abrasive Disc market opportunities vary by end market size?
How does Abrasive Disc break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?