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The coated abrasives market size is forecast to increase by USD 4.7 billion at a CAGR of 5.8% between 2024 and 2029.
The coated abrasives industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The aluminum oxide segment is estimated to witness significant growth during the forecast period. Coated abrasives, specifically those made with aluminum oxide grains, are essential in various industries for material removal and surface finishing applications. Aluminum oxide is a synthetic grain manufactured from bauxite through the fusing process. Its high toughness and durability make aluminum oxide-based coated abrasives popular choices for grinding, machine blasting, cutting operations, and refractory material production. However, the lack of a crystal structure in brown aluminum oxide, the most commonly used type, results in wear and the formation of rounded structures, reducing their cutting ability. To address this challenge, abrasive innovation and optimization have been key focus areas. Advanced abrasive technology, such as vitrified and resin bonds, has led to improved abrasive performance and longer abrasive life.
Precision grinding applications demand high-performance abrasives, leading to the development of eco-friendly abrasives, such as those with fiber or cloth backing, and the use of silicon carbide grains. Automated grinding processes, including robotic grinding, have streamlined industrial manufacturing and surface preparation. Abrasive selection, cutting speed, and abrasive maintenance are crucial factors in ensuring optimal abrasive application and surface finish quality. Abrasive recycling is another area of interest for sustainability-conscious businesses. The market for coated abrasives is diverse, with various abrasive materials, grains, and backing types catering to specific applications. As research and development efforts continue, the future of coated abrasives lies in advanced abrasive engineering, enhanced abrasive materials, and improved abrasive performance. Industries utilizing coated abrasives span pre-engineered buildings, agricultural, metal fabrication, electric cars and charging outlets, consumer electronics, industrial sector, paper, cloth, and more.
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The Aluminum oxide segment was valued at USD 3.75 billion in 2019 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 68% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is driven by the increasing demand for material removal in various industries, particularly in APAC. This region led the market in 2024 and is expected to continue leading due to economic development in the Association of Southeast Asian Nations (ASEAN) countries and rising per capita income. Major contributors to the APAC market include China, Japan, Australia, and India. The region's rapid industrialization and expansion of manufacturing sectors, especially in automotive, electronics, and metalworking industries, fuel the demand for high-performance coated abrasives. Innovation and abrasive optimization are crucial factors in the market. Advanced abrasive technology, such as precision grinding, high-speed grinding, and automated grinding, is driving the market.
Various abrasive materials, including silicon carbide, aluminum oxide, and ceramic abrasives, are used based on the specific application and required surface finish quality. Sustainable abrasives, such as eco-friendly abrasives and abrasive recycling, are gaining popularity due to environmental concerns. Abrasive selection, cutting speed, and abrasive life are essential factors in abrasive application. Different abrasive grains, such as vitrified bond and resin bond, and various backing materials, including paper backing, fiber backing, and cloth backing, are used based on the specific application and required performance. Flap discs, sanding belts, rolls, and discs are the most common types of coated abrasives. Robotic grinding and sanding sheets are also gaining popularity in industrial manufacturing and surface finishing processes. Abrasive maintenance is crucial to ensure optimal performance and longevity.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The coated abrasives market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the coated abrasives market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, coated abrasives market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
3M Co. - The company offers coated abrasives in various shapes such as belts, brushes, discs, sheets and rolls, wheels, and handheld abrasives.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market encompasses a diverse range of products utilized in various industries for material removal and surface finishing applications. These abrasives come in different forms, including grinding wheels, flap discs, sanding belts, and rolls, among others. The market is driven by the ever-evolving demands of industrial manufacturing, where precision and efficiency are paramount. Abrasive optimization and innovation continue to shape the market, as manufacturers seek to improve performance and extend abrasive life. Abrasive technology has advanced significantly, with developments in bonding materials, such as vitrified and resin, and abrasive grains, including silicon carbide and aluminum oxide.
The selection of the appropriate abrasive for a specific application is crucial for achieving optimal cutting speed and surface finish quality. Factors such as the material being ground, the required surface finish, and the grinding process itself all influence abrasive choice. Sustainability is a growing concern in the market, with eco-friendly abrasives gaining popularity. These abrasives are engineered to minimize waste and reduce environmental impact, making them an attractive option for manufacturers seeking to improve their sustainability credentials. Automated grinding processes, such as robotic grinding, have become increasingly common in industrial manufacturing. These processes offer improved consistency, increased productivity, and reduced labor costs.
However, the coated abrasives market is a significant segment of the broader abrasives industry, encompassing various types of abrasive products used in surface finishing techniques and grinding operations. These include abrasive belts for sanding applications such as abrasive belt sanding, disc sanding, and flap disc sanding, as well as sheet sanding, roll sanding, and blending operations.Coated abrasives come in various forms, including abrasive films, powders, slurries, pastes, and fluids. Abrasive grain size, density, hardness, wear resistance, durability, and efficiency are crucial factors determining their performance and application suitability.
Grinding processes, deburring, and surface finish measurement are primary applications for coated abrasives. Advanced technologies like nanotechnology abrasives and abrasive coatings have revolutionized the market, offering enhanced properties and improved efficiency. Manufacturing processes, quality control, safety standards, disposal, and certification are essential aspects of the coated abrasives industry. Abrasive equipment, polishing machines, tools, accessories, and consumables are essential components of the value chain. Stay updated with the latest news, events, training, and certification opportunities in the coated abrasives market through reputable suppliers and industry associations.
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Market Scope |
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Report Coverage |
Details |
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Page number |
263 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.8% |
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Market growth 2025-2029 |
USD 4.69 Billion |
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Market structure |
Fragmented |
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YoY growth 2024-2025(%) |
5.3 |
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Key countries |
China, Japan, India, US, South Korea, Australia, Germany, UK, Brazil, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Grain Type
9 Market Segmentation by Backing Material
10 Market Segmentation by Application
11 Market Segmentation by Product Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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