Abrasives are materials, which are used to grind, abrade, or
clean work pieces, in order to produce desired shape and finish. They are of
various types and can be classified into bonded, coated, loose abrasive grains,
superabrasives, and others. Their basic raw materials are ceramics, diamonds,
and naturally occurring elements. Abrasives are used for various commercial
purposes, including polishing of surfaces, buffing, honing, and sanding. They
are extensively used in various industrial sectors, including Metal Fabrication
and Medical Equipment, among others.
Analysts forecast the Global Abrasives market to grow at a
CAGR of 5.35 percent over the period 2013-2018.
The Report recognizes the following companies as the key
players in the Global Abrasives Market: The 3M Co., Bosch Group, E.I. du Pont
de Nemours and Co. and Saint-Gobain Abrasives Inc.
Other Prominent Vendors in the market are: Abrasive
Technology, Alcan, Allied High Tech Products, Almatis, Asahi Diamond Industrial
Co., Barton, Beach Minerals, Bosun Abrasives, Buffalo Abrasives, Cabot
Microelectronics , Calumet Abrasives, Cinetic Landis Grinding, CUMI, Deerfos,
Diamond Innovations, EHWA, Electro Abrasives, ESK Ceramics, Fujimi, Global
Material Technologies, Henan Huanghe Whirlwind Co., Henkel, Hermes
Schleifmittel, Imerys Fused Minerals, Jason, Jiangsu Sanling Abrasive,
Klingspor, KWH Group, Lapport, Lippert-Unipol, Nanyang Zhongnan Diamond, Nippon
Resibon, Noritake, Osborn, QED Technologies, SAIT Abrasives, Schleifmittelwerke
Burka-Kosmos, Shinhan Diamond Industrial, Showa-Denko, sia Abrasives
Industries, Starcke Abrasives, Suzhou SIFANG Abrasives, Tyrolit -
Schleifmittelwerke Swarovski, United Company RUSAL, Vereinigte Schmirgel -und
Maschinen-Fabriken, Washington Mills North Grafton, Wendt India, Winoa Group,
Winterthur Technologies
Increased economic development and the growth of the
automotive sector in China are leading to an increase in demand for abrasives
in China. The demand for abrasives in China has been rising constantly over the
last few years and this trend is expected to continue during the forecast
period of 2013-2018 because of the significant economic and infrastructural
development in the country.
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Covered in this Report
The Global Abrasives market can be divided into the
following segments based on end-users: Machinery, Metal Fabrication,
Transportation, Electronics, and Others.
Global Abrasives Market 2014-2018, has been prepared based
on an in-depth market analysis with inputs from industry experts. The report
covers North America, Europe, the ROW, and the APAC region; it also covers the
Global Abrasives market landscape and its growth prospects in the coming years.
The report also includes a discussion of the key vendors operating in this
market.
According to the report, an increase in the demand for
automobiles is one of the major drivers in the market. Abrasives are used
extensively in the automotive sector for cleaning rust, dirt, and paint
coatings. The Global Abrasives market is expected to experience strong growth
as a result of the growth of the Global Automobile market.
Further, the report states that the high operating cost and
the high cost of imported raw materials are hindering the growth of this
market. The cost of manufacturing abrasives is high as the raw materials used
in their manufacture are imported from emerging countries at high prices, which
makes it difficult for manufacturers to maintain profitability.
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