Technavio analyzes that the Coated Abrasives Market is expected to grow at a CAGR of 5.29% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 4047.9 million.There are various factors that contribute to the growth of the market. The coated abrasives market is experiencing significant growth, particularly in the segment of pressure-sensitive adhesive (PSA)-backed coated abrasives. This trend is driven by the increasing demand for PSA-backed products in various industries, including automotive, construction, and manufacturing. The advantages of PSA-backed coated abrasives, such as ease of use, improved productivity, and reduced waste, make them a popular choice among professionals and DIY enthusiasts alike. As a result, the market for these products is expected to continue expanding in the coming years.
In the realm of cutting tools and grinding applications, coated abrasives play a pivotal role, with aluminum oxide being a primary component. Aluminum oxide is a synthetic grain, produced via the fusing process from bauxite. Its widespread usage is attributed to its superior toughness and extended durability in various industries. However, the lack of a crystal structure in aluminum oxide-based coated abrasives results in eventual wear, leading to the formation of rounded structures and reduced cutting ability. Grits of fused aluminum oxide are extensively employed for applications such as grinding, machine blasting, and cutting operations. The most commonly used type of aluminum oxide grain is brown. Pure white and pink aluminum oxides, with enhanced crystalline structures, are also available and gaining traction due to their improved performance characteristics. Keywords: Coated abrasives, Aluminum Oxide, Cutting tools, Grinding wheels, Grits, Fused aluminum oxide, Crystalline structure, Performance characteristics, Industries, Toughness, Durability, Machine blasting, Cutting operations, Refractory materials.
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Coated Abrasives Market Segmentation
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The Coated Abrasives industry encompasses the production and supply of abrasive products, including Fiber Discs, Endless Belts, Sheets, and Zirconia Alumina, used extensively in various sectors. Pre-engineered buildings, agricultural industry, metal fabrication, and industrial sector are significant consumers. Coated Abrasives find applications in surface preparation for building projects, furniture production, automobile repair, and customization of electric cars and their charging outlets. Moreover, they are essential in manufacturing electronic component units and personalized items like mobile phones. Adhesives and other coating materials are integral to the production process.
The Coated Abrasives market encompasses businesses specializing in the production and manufacturing of abrasive materials coated with binding agents for enhanced performance. Key industries driving demand include construction, particularly for pre-engineered buildings, agriculture, and metal fabrication. Emerging sectors, such as electric vehicles (EVs) and charging infrastructure, also contribute significantly to Coated Abrasives consumption. Furthermore, the electronic industry, including mobile phones and electronic component units, are substantial consumers of these products. The global Coated Abrasives market size is determined by Technavio based on the combined revenue generated by companies involved in the production and manufacturing of these materials.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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