Global Abrasives Market Worth USD 58.43 Billion by 2021 – Analysis, Technologies & Forecasts Report 2016-2021 – Key Vendors: 3M Company, Deerfos, Tyrolit Group – Research and Markets
June 20, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “Abrasives Market by Material, Product, Type and End-Use Industry – Global Forecast to 2021” report to their offering.
The abrasives market size is forecast to grow from USD 41.21 Billion in 2015 to reach USD 58.43 Billion by 2021, at an estimated CAGR of 6.10%.
Acquisitions and new product developments are important strategies taken up by many automotive companies in recent years. The abrasives market has been growing in accordance with the global automotive, metal fabrication, and machinery industry. With increasing urbanization and industrialization the need for new machinery has increased significantly throughout the world which has played a huge part in providing the necessary momentum to the global abrasives market after the economic slowdown between 2007 and 2009.
The segments considered for this report are based on raw material, products, type, end-use industry, and region. The segmentation based on type consists of coated, bonded, and super abrasive. The coated segment is projected to grow at a high growth rate between 2016 and 2021. Based on raw material, the natural segment was the largest in 2015 as it provides benefits such as cost-effective, non-toxic, offers low material consumption rate, purity, and high productivity rates.
Companies Mentioned:
- 3M Company
- Asahi Diamond Industrial Co., Ltd.
- Carborundum Universal Limited
- Deerfos Co., Ltd.
- E.I. Du Pont De Nemours and Co.
- Fujimi Incorporated
- Henkel AG & Co. KGAA
- Robert Bosch GmbH
- Saint – Gobain Abrasives, Inc.
- Tyrolit Group
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Abrasives Market, By Material
8 Abrasives Market, By Product
9 Abrasives Market, By Type
10 Abrasives Market, By End-Use Industry
11 Abrasives Market, By Region
12 Competitive Landscape
13 Company Profiles
14 Appendix
For more information visit http://www.researchandmarkets.com/research/rnss59/abrasives_market
View source version on businesswire.com: http://www.businesswire.com/news/home/20160620006306/en/
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