Jul 29, 2023
Coated abrasives market size to grow by USD 3,979.66 million from 2022 to 2027, APAC to account for 66% of market growth
News provided by 20 Apr, 2023, 11:30 ET Share this article NEW YORK, April 20, 2023 /PRNewswire/ -- The global coated abrasives market size is estimated to grow by USD 3,979.66 million from 2022 to
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20 Apr, 2023, 11:30 ET
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NEW YORK, April 20, 2023 /PRNewswire/ -- The global coated abrasives market size is estimated to grow by USD 3,979.66 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.44% during the forecast period. Moreover, the growth momentum will accelerate. APAC will account for 66% of market growth during the forecast period. For more insights on the historic data (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report.
Coated abrasives market - Segmentation assessmentSegment overviewTechnavio has segmented the market based on grain type (aluminum oxide, ceramic, silicon carbide, alumina-zirconia, and others), backing material (fiber, paper, cloth, polyester, and others), application (transportation, machinery, metal fabrication, consumer goods, and others) and geography (APAC, Europe, North America, South America, and Middle East and Africa).
Geography OverviewThe report provides actionable insights and estimates the contribution of all regions to the growth of the global coated abrasives market.
Insights on the market contribution of various segments, including country- and region-wise data, historic data (2017 to 2021), and forecast market size (2023 to 2027) - Download a sample report
Coated abrasives market – Market dynamics
Key factor driving market growth
Leading trends influencing the market
Major challenges hindering the market growth
Insights on market drivers, trends, & challenges for the historic period (2017 to 2021), and forecast period (2023 to 2027) - Request a sample report!
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Coated Abrasives Market Scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 5.44%
Market growth 2023-2027
USD 3,979.66 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
4.77
Regional analysis
APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution
APAC at 66%
Key countries
US, China, Japan, India, and Germany
Competitive landscape
Leading vendors, market positioning of vendors, competitive strategies, and industry risks
Key companies profiled
3M Co., Ammega Group BV, Arc Abrasives Inc., BARTON International, DEERFOS Co. Ltd., Fandeli International Corp., Gemtex Abrasives, Hermes Schleifmittel GmbH, Jiangsu Sanling Abrasive Co. Ltd., Johnson Abrasives Co. Inc., KLINGSPOR AG, Mirka Ltd., Murugappa Group, Napoleon Abrasives S.p.a., Saint Gobain, SAK ABRASIVES Ltd., Swajit Abrasives Pvt. Ltd., VSM AG, WEEM Abrasives, and Robert Bosch GmbH
Market dynamics
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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Table of contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Grain Type
7 Market Segmentation by Backing Material
8 Market Segmentation by Application
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Trends
12 Vendor Landscape
13 Vendor Analysis
14 Appendix
About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
SOURCE Technavio
Technavio