Latest News- Coated Abrasives Market: Aluminum oxide is expected to lead the Grain Type segment during 2025-2029

The Coated Abrasives Market is being driven by Growing demand for PSA-backed coated abrasives

The Coated Abrasives Market is expected to grow at a CAGR of 5.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 4696 million. The Chinese market holds significant influence in the global coated abrasives industry, accounting for over 20% of the market share in 2024. This dominance is driven by China's robust economic and industrial growth, resulting in increased demand for coated abrasives. The electronics industry, fueled by high per capita income and consumer goods demand, is a major consumer. Furthermore, the automobile industry's expansion and population growth coupled with urbanization will continue to boost market growth. China's position as a leading producer is strengthened by its abundant raw material resources and advanced manufacturing technologies. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Grain Type
  • Aluminum oxide
  • Ceramic
  • Silicon carbide
  • Alumina zirconia
  • Others
• Backing Material
  • Fiber
  • Paper
  • Cloth
  • Polyester
  • Others
• Application
  • Transportation
  • Machinery
  • Metal fabrication
  • Consumer goods
  • Others
• Product Type
  • Belts
  • Discs
  • Rolls
  • Sheets
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
  • North America
    • Canada
    • US
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for PSA-backed coated abrasives
• Rising demand from electronics and transportation industries
• Strong demand for semi-friable aluminum oxide-based products

However, the market also witnesses some limitations, which are as follows:

• Improper or inadequate storage causing technical issues
• Stringent government regulations
• Threat of substitution from super abrasives

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Market Scope in Coated Abrasives Market Research Report

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Research Analysis Overview

The Coated Abrasives Market encompasses various types of abrasive finishing techniques, including abrasive belt sanding, disc sanding, flap disc sanding, sheet sanding, roll sanding, and surface finishing processes like grinding operations, deburring processes, blending operations, and polishing techniques. Material removal rates, surface finish measurement, and abrasive properties such as grain size, grit size, density, hardness, wear resistance, durability, and efficiency are crucial factors. Advanced abrasives like nanotechnology abrasives, composite abrasives, and abrasive coatings in forms of films, powders, slurries, pastes, and fluids are utilized in equipment like grinding machines, sanding machines, polishing machines, deburring machines, abrasive tools, and accessories for quality control and safety standards, with considerations for disposal.

Market Research Overview

The global diversified metals and mining industry encompasses businesses involved in the production or extraction of a range of metals and minerals, including non-ferrous metals such as lead, nickel, tin, titanium, zinc, cobalt, mercury, tungsten, beryllium, bismuth, cerium, cadmium, niobium, indium, gallium, germanium, lithium, selenium, tantalum, tellurium, vanadium, and zirconium, as well as salt, borate, phosphate rock, and various alloys. According to Technavio's market analysis, the industry's size is determined by the consolidated revenue generated by these companies from their metal and mineral extraction activities and diversified mining operations. The market comprises entities engaged in the manufacturing and sale of abrasive materials, such as coated abrasives like grinding wheels, sanding belts, and abrasive discs, which are essential for metalworking and mining processes.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/