Industrial Brushes Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR45782
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The industrial brushes market has the potential to grow by USD 504.48 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.16%.

This industrial brushes market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (automotive, aerospace and defense, construction and utility, and others) and geography (North America, Europe, APAC, South America, and MEA). The industrial brushes market report also offers information on several market vendors, including 3M Co., Carolina Brush, Fuller Industries LLC, Gordon Brush Mfg. Co. Inc., Robert Bosch GmbH, Schaefer Brush, Spiral Brushes Inc., Tanis Brush Inc., The Industrial Brush Company Inc., and Unimade Industry Co. Ltd. among others.

What will the Industrial Brushes Market Size be in 2021?

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Industrial Brushes Market: Key Drivers and Trends

The emerging markets spurring automotive sales is notably driving the industrial brushes market growth, although factors such as volatility in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial brushes industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • The emerging markets spurring automotive sales is a key factor driving growth in the industrial brushes market.
  • The main end-users of industrial brushes include the manufacturers of auto parts and automobile restoration specialists for tasks, such as buffing, polishing, and finishing.
  • The intense competition among the vendors in the global vehicle manufacturers market has caused a shift of focus to the economic growth in the BRICS nations to explore new growth avenues.
  • Various automotive polishing machine vendors can use the opportunity to promote their products and solutions in emerging markets.
  • Another major factor promoting growth in the industrial brushes market is the increasing number of applications for industrial brushes in construction.
  • The infrastructure and non-residential sectors account for a major share in the APAC construction industry.
  • The economic reforms in India because of the increase in foreign capital inflows and the fast-growing youth population have benefited the housing industry.
  • The growing global demand for infrastructure improvement will result in the growth of both the construction industry and the industrial brushes market.

This industrial brushes market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Industrial Brushes Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 3M Co.
  • Carolina Brush
  • Fuller Industries LLC
  • Gordon Brush Mfg. Co. Inc.
  • Robert Bosch GmbH
  • Schaefer Brush
  • Spiral Brushes Inc.
  • Tanis Brush Inc.
  • The Industrial Brush Company Inc.
  • Unimade Industry Co. Ltd.

 

This statistical study of the industrial brushes market encompasses successful business strategies deployed by the key vendors. The industrial brushes market is fragmented and the vendors are deploying growth strategies such as offering highly differentiated products to gain a competitive advantage to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The industrial brushes market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Industrial Brushes Market?

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36% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the industrial brushes market in APAC. Market growth in this region will be faster than the growth of the market in South American and North American regions.

The rapid increase in construction activities in developing nations such as India, Thailand, and Indonesia will facilitate the industrial brushes market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Industrial Brushes Market?

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The industrial brushes market share growth by the automotive segment will be significant during the forecast period. The growing automotive sector in different regions will increase the demand for industrial brushes as there are major applications for it in the manufacturing of auto parts for passenger vehicles as well as commercial vehicles.

This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial brushes market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Industrial Brushes Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive industrial brushes market growth during the next five years
  • Precise estimation of the industrial brushes market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial brushes industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial brushes market vendors

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Industrial Brushes Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.16%

Market growth 2021-2025

$ 504.48 million

Market structure

Fragmented

YoY growth (%)

3.91

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 36%

Key consumer countries

US, Germany, China, Japan, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Carolina Brush, Fuller Industries LLC, Gordon Brush Mfg. Co. Inc., Robert Bosch GmbH, Schaefer Brush, Spiral Brushes Inc., Tanis Brush Inc., The Industrial Brush Company Inc., and Unimade Industry Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Automotive - Market size and forecast 2020-2025
    • Construction and utility - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 3M Co.
      • Carolina Brush
      • Fuller Industries LLC
      • Gordon Brush Mfg. Co. Inc.
      • Robert Bosch GmbH
      • Schaefer Brush
      • Spiral Brushes Inc.
      • Tanis Brush Inc.
      • The Industrial Brush Company Inc.
      • Unimade Industry Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      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.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The industrial brushes market growth will increase by $140.17 million during 2019-2024.
      The industrial brushes market is expected to grow at a CAGR of 4.28% during 2019-2024.
      Technavio has segmented the industrial brushes market by end user (Automotive, Aerospace and defense, Construction and utility, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
      3M Co., Carolina Brush, Fuller Industries LLC, Gordon Brush Mfg. Co. Inc., Robert Bosch GmbH, SCHAEFER BRUSH MANUFACTURING, Spiral Brushes Inc., Tanis Brush Inc., The Industrial Brush Company Inc., Unimade Industry Co. Ltd. are a few of the key vendors in the industrial brushes market.
      APAC will register the highest growth rate of 40.66% among the other regions. Therefore, the industrial brushes market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the industrial brushes market growth are:
      • Emerging markets spurring automotive sales
      • Increasing demand for customized industrial brushes
      The industrial brushes market vendors should focus on grabbing business opportunities from the automotive segment as it accounted for the largest market share in the base year.
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