US and Canada Abrasives Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2037

  • Report Code : FAT2026248
  • Published On: Sep, 2020
  • Category : Packaging
  • Pages : 170
  • US and Canada Abrasives Market - By Product Type (Bonded Abrasives, Coated Abrasives and Super Abrasives); By Material Type (Natural Abrasives and Synthetic Abrasives); By Application (Cutting, Sanding, Grinding, Blending, Finishing, Brushing and Others), By End-use Industries {Automotive (Only Cars), Automotive Aftermarket Service, Construction, Oil & Gas, Petrochemicals, Aerospace, Food Processing, Pharmaceuticals, Transportation Equipment (Except Cars), Metal Fabrication, Mining, Shipyards, Cannabis and Others}; and Regional Analysis of Market Size, Shares & Trends for 2016-2019 and Forecasts to 2030

    Product Overview

    Abrasives are the frequently used substances across several sectors for cleaning the hard surface, grinding, and polishing. Abrasives assist in delivering surface finishing and shape for the material. They are mineral-like substances present in diverse shapes and sizes varying upon the requirement. They are used to clean, abrade, scour, grind, and remove solid substances by the action of rubbing. Two types of abrasives are present in the regional abrasives market as synthetic and natural. Most of the natural abrasives have been substituted by synthetic abrasives in the abrasives market owing to their constant characteristics as needed in industrial applications.

    Market Highlights

    US and Canada abrasives market is expected to exceed USD 11,900 million by 2030 from USD 7,387.5 million in 2019 at a CAGR of 6.5% throughout the forecast period i.e. 2020-2030. The market is anticipated to grow on the back of rising demand for abrasives in the automotive sectors.

    US and Canada Abrasives Market: Segments

    The Coated Abrasives segment to grow with the fastest CAGR of xx% during 2020-2030

    US and Canada abrasives market is segmented by Product Type into Bonded Abrasives, Coated Abrasives and Super Abrasives. Among these, the coated abrasives segment is estimated to hold the largest market share of xx% in 2019. Owing to the emphasis on speedy development in evolving economies, and the growth of the metal fabrication sector is estimated to shift the preference of both suppliers and consumers towards abrasive. Furthermore, rising need for coated abrasives in all end-use sectors is projected to upsurge the growth in the abrasives market.

    US and Canada Abrasives Market: Market Dynamics

    Driver

    Increasing Demand for Abrasives in the Automotive Sector

    There is a necessity to enhance the productivity of automotive to face the working constraint. An automotive in usual comprises several constituents mostly exterior and interior mirrors, plastic constituents, fuel tanks, air ducts, de-aeration tanks, valve springs. It is crucial to sustaining the dimensional exactness of these constituents to fulfill the operational needs. Abrasives are utilized in finishing the operation of the produced constituents of the automotive.

    Restraint

    Severe Government Norms

    Strict norms and the absence of raw substances obtainability may hinder market growth and sector viability. Abrasive products’ production needs a huge level of raw components. Demand and supply breaks of raw components may raise product costs which may hinder the sector’s price tendencies.

    US and Canada Abrasives Market: Regional Analysis

    US to surge at the highest CAGR of xx% during 2020-2030

    Region-wise, the market for abrasives across the region is segmented into US and Canada. Among these, US is witnessed to constitute xx% of the total market share in the year 2019. This is credited to aspects like existence of major players and peak customer roots such as aerospace and automotive.

    US and Canada Abrasives Market: Key Players

    • Avery Abrasives Inc.

    o Company Overview

    o Business Strategy

    o Key Product Offerings

    o Financial Performance

    o Key Performance Indicators

    o Risk Analysis

    o Recent Development

    o Regional Presence

    o SWOT Analysis

    • Extreme Abrasives

    • Stanley Black & Decker

    • Compagnie de Saint-Gobin

    • Hermes Schleifmittel GmbH

    • Rapid Abrasives & Accessories Inc.

    • Pearl Abrasive

    • Carborundum Universal Ltd.

    • Robert Bosch GmbH

    • Klingspor AG

    The market report on US and Canada abrasives also contains the following in-depth analysis:

    • Abrasives Market Segments:

    o By Product Type

     Bonded Abrasives

     Coated Abrasives

     Super Abrasives

    o By Material Type

     Natural Abrasives

     Synthetic Abrasives

    o By Application

     Cutting

     Sanding

     Grinding

     Blending

     Finishing

     Brushing

     Others

    o By End-use Industries

     Automotive (Only Cars)

     Automotive Aftermarket Service

     Construction

     Oil & Gas

     Petrochemicals

     Aerospace

     Food Processing

     Pharmaceuticals

     Transportation Equipment (Except Cars)

     Metal Fabrication

     Mining

     Shipyards

     Cannabis

     Others

    o By Region

     US

     Canada

    • Abrasives Market Dynamics

    • Abrasives Composites Market Size

    • Supply & Demand

    • Current Trends/Issues/Challenges

    • Competition & Companies Involved in the Market

    • Value Chain of the Market

    • Market Drivers and Restraints

     

  • With tables and figures helping analyze worldwide US and Canada Abrasives market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.


    1. Executive Summary

    2. US and Canada Abrasives
    2.1. Product Overview
    2.2. Market Definition
    2.3. Segmentation
    2.4. Assumptions and Acronyms

    3. Research Methodology
    3.1. Research Objectives
    3.2. Primary Research
    3.3. Secondary Research
    3.4. Forecast Model
    3.5. Market Size Estimation

    4. Average Pricing Analysis

    5. Market Dynamics
    5.1. Growth Drivers
    5.2. Restraints
    5.3. Opportunity
    5.4. Trends

    6. Recent Development, Policies & Regulatory Landscape

    7. Risk Analysis
    7.1. Demand Risk Analysis
    7.2. Supply Risk Analysis

    8. US and Canada Abrasives Industry Analysis
    8.1. Porters Five Forces
    8.1.1. Threat of New Entrants
    8.1.2. Bargaining Power of Suppliers
    8.1.3. Threat of Substitutes
    8.1.4. Rivalry
    8.2. PEST Analysis
    8.2.1. Political
    8.2.2. Economic
    8.2.3. Social
    8.2.4. Technological

    9. US and Canada Abrasives Market
    9.1. Market Size & forecast, 2019A-2030F
    9.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    10. US and Canada Abrasives: Market Segmentation
    10.1. By Regions
    10.1.1. US, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.1.2. Canada, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.2. By Product Type: Market Share (2020-2030F)
    10.2.1. Bonded Abrasives, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.2.2. Coated Abrasives, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.2.3. Super Abrasives, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.3. By Material Type: Market Share (2020-2030F)
    10.3.1. Natural Abrasives, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.3.2. Synthetic Abrasives, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.4. By Application: Market Share (2020-2030F)
    10.4.1. Cutting, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.4.2. Sanding, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.4.3. Grinding, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.4.4. Blending, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.4.5. Finishing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.4.6. Brushing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.4.7. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5. By End-use Industries: Market Share (2020-2030F)
    10.5.1. Automotive, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.2. Automotive Aftermarket Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.3. Construction, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.4. Oil & Gas, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.5. Petrochemicals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.6. Aerospace, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.7. Food Processing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.8. Pharmaceuticals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.9. Transportation Equipment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.10. Metal Fabrication, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.11. Mining, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.12. Shipyards, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.13. Cannabis, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.5.14. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    11. Company Profile
    11.1. Avery Abrasives Inc.
    11.1.1. Company Overview
    11.1.2. Company Total Revenue (Financials)
    11.1.3. Market Potential
    11.1.4. Global Presence
    11.1.5. Key Performance Indicators
    11.1.6. SWOT Analysis
    11.1.7. Product Launch
    11.2. Stanley Black & Decker
    11.3. Hermes Schleifmittel GmbH
    11.4. Pearl Abrasive
    11.5. Robert Bosch GmbH
    11.6. Klingspor AG
    11.7. Carborundum Universal Ltd.
    11.8. Rapid Abrasives & Accessories Ltd.
    11.9. Compagnie de Saint-Gobin
    11.10. Extreme Abrasives

    12. Consultant Recommendation
    **The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

     

  • The US and Canada Abrasives Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
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          Research objectives

          Where will all these developments take the industry in the long

          To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

          What are the future opportunities in the market?

          To understand the structure of Market by identifying its various subsegments.

          What are the major driving forces expected to impact the development of the market market across different regions?

          To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

          Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

          To project the consumption of market submarkets, with respect to key regions.

          Who are the major driving forces expected to decide the fate of the industry worldwide.

          To strategically profile the key players and comprehensively analyze their growth strategies.

          What are the key barriers and threats believed to hinder the development of the industry?

          To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

          Who are the prominent market players making a mark in the market with their winning strategies?

          To share detailed information about the key factors influencing the growth of the market

          What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

          Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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