Industrial Brushes Market: Key Geographies that will Drive Growth

Geographical Segmentation and Growth Analysis

The industrial brushes market is set to post an incremental growth of $ 504.48 mn, accelerating at a CAGR of over 5.16% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.

For more insights into our research and analysis: Request for our FREE Sample Report

Industrial Brushes Market: APAC to lead market growth during the forecast period

• 36% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Industrial Brushes Market size.
• One of the key drivers that is likely to drive market growth is the emerging markets spurring automotive sales. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
• The report segments the market by End-user (Automotive, Aerospace and defense, Construction and utility, and Others) and Geography (North America, Europe, APAC, South America, and MEA). A detailed analysis of each segment and its contribution to the market share is provided along with factors that are likely to boost the market growth.

Industrial Brushes Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of over 5.16%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 504.48 mn through 2021-2025.
    
3. What is a key factor driving this market?
   Emerging markets spurring automotive sales will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   36% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are 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.
    
7. What are the market segments covered in this report?
   The market is segmented by End-user (Automotive, Aerospace and defense, Construction and utility, and Others) and Geography (North America, Europe, APAC, South America, and MEA).

Market Segmentation by End-user

• • Industrial Brushes Market Split by End-user
    • Automotive
    • Aerospace and defense
    • Construction and utility
    • Others
  • Industrial Brushes Market Split by Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

Customer landscape

• Customer landscape

Geographic Landscape

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

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• 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.

Industrial Brushes Market Size to Grow by $ 140.17 mn through 2020-2024 | Forecast and Trend Analysis

Technavio has been monitoring the industrial brushes market and it is expected to grow by $ 140.17 mn, accelerating at a CAGR of almost 4% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Industrial Brushes Market: Emerging Trends to Impact Market Growth

Increasing demand for customized industrial brushes to emerge as a key trend in the industrial industrial brushes market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Industrial Brushes Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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., and Unimade Industry Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

The Global Industrial Brushes Market is expected to grow by USD140.17 million, accelerating at a CAGR of over 4% during the forecast period. Although the industrials sector is expected to witness negative growth as a result of COVID-19, the impact of the pandemic on the market in focus is expected to remain NEUTRAL. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report with COVID-19 Impact Analysis

"The main end-users of industrial brushes include the manufacturers of auto parts and automobile restoration specialists. With the increase in automotive sales in APAC, the demand for industrial brushes is also expected to grow significantly during the forecast period.", says senior research analyst for the Industrials Industry at Technavio.

Industrial Brushes Market: End-userSegment Highlights

• End-user Segmentation: Automotive, Aerospace and defense,Construction and utility, and Others)
• The growing automotive sector in different regions will increase the demand for industrial brushes.
• Industrial brushes are used in the manufacture of auto parts for passenger vehicles as well as commercial vehicles. They are used mainly for deburring, finishing, and polishing vehicles. 

Industrial Brushes Market: Competitive Analysis

• The Industrial Brushes Market is fragmented due to the presence of several vendors.
• Companies are focusing more on emerging economies in APAC such as India, Indonesia, and Thailand. The demand for power tool accessories is expected to increase in these countries which will propel the demand for industrial brushes. 
• 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., and Unimade Industry Co. Ltd. are some of the major market participants. Although the increase in automotive sales in emerging markets will offer immense growth opportunities, the volatility in raw material prices will challenge the growth of the market participants. 

Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report