Report : Abrasives Market Size, Growth and Revenue Forecasts 2014 to 2021
Abrasives Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast. The research study Global Abrasives Industry 2014-2021 Market Research Report is the latest addition to the repository of DecisionDatabases.com.The report covers the complete industry outlook and market prospective.
Abrasives are inorganic material used for rubbing and shaping the workpieces. These finishing functions provide smooth and reflective surface. Generally, they are used in grinding, polishing, buffing, honing, cutting, drilling, sharpening, lapping, and sanding.
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This report examines the global abrasives market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
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Rising demand for automobiles
Growing medical device market
Stringent regulations on the use of silica abrasives
Volatile raw material prices
Porter’s Three forces model has been used to depict the impact of various factors such as :
Bargaining power of buyers
Degree of competition
Threat of substitutes
Market Report Analysis :
Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints. The abrasives market has further been segmented based on products such as bonded abrasives, coated abrasives, raw superabrasives, steel abrasives, loose abrasive grains and others including nonwoven abrasives, etc.
Best Region Of Markets :
In terms of geography, the abrasives market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
SEGMENTATIONS IN REPORT :
A. Abrasives By Product :
1. Bonded Abrasives
2. Coated Abrasives
3. Raw Superabrasives
4. Steel Abrasives
B. Abrasives By End-User Analysis :
3. Metal Fabrication