Global Abrasives Market

May 2020| VMR2031A| Verified Market Research

Report Highlights

Abrasives Market Size And Forecast

According to Verified Market Research, Global Abrasives Market was valued at USD 40.19 Billion in 2018 and is projected to reach USD 62.90 Billion by 2026, growing at a CAGR of 5.73% from 2019 to 2026.

Global Abrasives Market Outlook

The growing utilization of the abrasives in the manufacturing and metal fabrication industries is the primary factor for driving the market growth. In addition, the increasing demand for the production of electronic components, and massive growth in the automobile sector are some other factor contributing to the market growth. Moreover, the rising health concerns led to propel the development of medical devices and thereby, impose the positive factor in accelerating market growth. However, the issue related to the volatility of raw material expected to hamper the market growth. 

Global Abrasives Market Competitive Landscape 

The Global Abrasives Market study report will provide valuable insight with an emphasis on the global market including some of the major players such as E.I. Du Pont De Nemours and Co., 3M Company, Saint-Gobain S.A., Robert Bosch GMBH, Fujimi Incorporated, Tyrolit Group, Asahi Diamond Industrial Co., LTD, Deerfos Co., Ltd, Henkel AG & CO. KGAA, and Carborundum Universal Limited.

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