Abrasive Materials, Products, Applications and Global Markets

Report Highlights

The global market for abrasive products and materials reached $36.6 billion in 2014. This market is expected to reach about $37.8 billion by 2015 and $44.2 billion by 2020, registering a compound annual growth rate (CAGR) of 3.2% from 2015 to 2020.

Report Includes

• An overview of the global market for abrasive products, which are materials used to cut, smooth, roughen, polish, or clean surfaces, or simply used to remove material to alter surface shapes or dimensions.
• Coverage of both abrasives and fine polishing markets.
• Analyses of global market trends, with data from 2014, estimates for 2015 and projections of CAGRs through 2020.
• Abrasives and abrasive products industries, global market trends in each, merger and acquisitions and its impact in the market place.
• Alumina and Silicon carbide marketplace, production capacities, trends, and geographical details.
• Comprehensive profiles of major players in the industry.

Report Scope

The report will include details about various types of abrasives, materials used as abrasives, the abrasive manufacturers’ most commonly used grains, their production with values, the manufacturers of products using abrasive materials primarily for machine tools, the users of the abrasive tool and other applications, and the users of loose abrasives.

The report will be formatted in such a way that it will contain comprehensive information about the abrasive industry and the users thereof.

The initial section of the report covers the technical aspects of the industry and what the industry products offer in terms of applications and markets.

In the subsequent section, the abrasive grains market is analyzed on a global scale. This section covers the major abrasive grain types and market details of each. With detailed analysis of players and production capacities, emerging trends are discussed.

The U.S. and Europe are the two biggest markets for abrasives and abrasive products. Separate chapters cover each of these regions, and within each region, the trends for both abrasive grains and abrasive products are analyzed. Subcategories of each of these markets are also analyzed, based on trade data and statistical data. These also include, for example, average employee costs, energy usage and capital expenditures. In-depth analysis of the European market is presented with statistics in exports and imports both within EU countries as well as with countries outside Europe.

In the final chapter, details of the industry players are given. This chapter is very wide in scope, and includes products, company history, locations and financials of more than 100 companies. The objective has been to include all companies that have more than $100 million in annual revenues and are active in the abrasive industry. Several smaller companies are included if these are niche players. These companies are listed in alphabetical order. It is estimated that the combined revenues of the companies analyzed is about $20 billion, and includes companies in the industrial cutting tools segment.

Analyst Credentials

Vijay Subramanian has a Ph.D. in Materials Science from the University of Cincinnati, and extensive experience in the field of materials and their global markets. He worked for more than a decade in the automotive industry in the U.S., and later in India, and owns several U.S. patents. Dr. Subramanian has authored reports for BCC Research since 2012. Dr. Subramanian lives with his wife and two daughters in Kochi, India.