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The global abrasives market is anticipated to grow with a CAGR of ~6% over<br>the forecast period, i.e., 2023-2033. The market is segmented by application<br>into automotive, metal working, machinery, electrical & electronics, and<br>construction. Among these segments, the automotive segment is anticipated<br>to garner the largest revenue by the end of 2033 owing to the increasing<br>automobile industry on account of more use of abrasives in the cleaning of<br>machinery. The number of highway registered vehicles showed a raise of<br>275,924,442 in 2020, up from 273,602,100 in 2018.<br>
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