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According to the latest report by IMARC Group,the global abrasives market exhibited moderate growth during 2015-2020.u00a0<br>Abrasives are sharp, mineral-based materials that are majorly used to offer finishing to both hard and soft materials. They are hard crystals that are either found in nature or can be synthetically manufactured.
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Global Abrasives Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Abrasives Market Outlook 2026: According to the latest report by IMARC Group, titled “Abrasives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global abrasives market exhibited moderate growth during 2015-2020. Abrasives are sharp, mineral-based materials that are majorly used to offer finishing to both hard and soft materials. They are hard crystals that are either found in nature or can be synthetically manufactured. They are widely utilized to clean surfaces and to remove excess material coarsely. Apart from this, they are also employed for shaping in form grinding, sizing in precision grinding, tool sharpening, blast cleaning, separating in slicing operations, roughening in matte finishes and in the manufacturing of intricate components. As a result, they are gaining widespread preference among various end users such as the automobile, electrical and mechanical industries.
Report Description and Highlights Report Description Global Abrasives Market Trends: The global market is primarily driven by significant growth in the automotive industry. These materials are widely utilized for the manufacturing of various automotive parts, such as mirrors, air ducts and fuel tanks. Additionally, abrasives are crucial for minimizing carbon dioxide emissions and lowering noise levels in automobiles. Rapid urbanization, increasing global population and inflating per capita income levels have provided a boost to the sales of automobiles across the globe, thereby catalyzing the demand for abrasives. Moreover, the demand for these materials for metal fabrication is also providing a thrust to the market growth. Since they are utilized for surface blending as well as for removing welds, the emergence of automation in metal fabrication is expected to provide a stimulus to the market growth. Request for a free sample report: https://www.imarcgroup.com/abrasives-market/requestsample
Report Description Report Description and Highlights Furthermore, extensive research and development (R&D) have led to the introduction of the next generation of non-woven abrasives in the market. Also, these materials provide minimal smearing issues, enhanced versatility and faster cut-rate, which is further contributing to their widespread preference across industries. Market Summary: Breakup by Product Type: • Bonded Abrasives • Coated Abrasives • Super-Abrasives Breakup by Material type: • Natural Abrasives • Synthetic Abrasives
Report Description Report Description and Highlights Breakup by End-Use: • Machinery • Metal fabrication • Automotive • Electronics • Construction Breakup by Region: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa On account of the aforementioned factors, the market is expected to witness moderate growth during 2021-2026.
Report Description and Highlights Report Description Competitive Landscape With Keyplayer: • Robert Bosch Power Tools GmbH • DuPont de Nemours Inc. • Fujimi Inc. • Saint-Gobain Group • Henkel AG & Co. KGaA • Asahi Diamond Industrial Co. Ltd. • Carborundum Universal Limited. • TYROLIT Schleifmittelwerke Swarovski KG • NIPPON RESIBON CORPORATION • Krebs & Riedel Schleifscheibenfabrik GmbH & Co. KG • Abrasiflex Pty Ltd. • Noritake Co., Limited • DEERFOS.COM • Sankyo-Rikagaku Ltd. View Report TOC, Figures and Tables : https://www.imarcgroup.com/abrasives-market
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