Market Overview:
The global metal grinding wheel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for metal grinding wheels from various end-use industries, such as automotive, aerospace, and construction. In terms of type, the Al2O3 phenolic resin grinding wheel segment is expected to lead the global metal grinding wheel market during the forecast period. This can be attributed to its superior properties such as high wear resistance and toughness as compared with other types of resin bonding agents used in manufacturing metal grinding wheels.
Product Definition:
A metal grinding wheel is a type of grinder used to grind metals. It is usually made from an abrasive material, such as silicon carbide, and has a peripheral speed that ranges from 9,000 to 18,000 feet per minute.
Al2O3 Phenolic Resin Grinding Wheel:
Al2O3 is a type of mineral, which has chemical formula as Al2O3. It is a white crystalline solid and has good electrical resistance. The product finds application in various industries such as ceramics, glass, cement, and metallurgy where it is used for the production of steel reinforcement bars and fibers for textile and paper making industry.
SiC Phenolic Resin Grinding Wheel:
The SiC phenolic resin grinding wheel is used in metal processing industries for the reduction of particle size. The product is manufactured using special grade polyphenylene sulfide that has high thermal stability and low moisture sensitivity. The product finds application in various end-use industries such as automotive, construction, electrical & electronics, marine and aerospace.
Application Insights:
The metal application segment led the global market and accounted for more than 54.0% share of the overall revenue in 2017. The growth of this segment is attributed to increasing demand from construction, automotive, aerospace and defense industries. In addition, high grinding wheel wear resistance offered by metals makes them suitable for grinding wheels used in heavy-duty applications.
The steel application segment is expected to witness significant growth over the forecast period owing to its rising use in construction industry as well as energy generation sector such as wind turbines and coal plants. Steel has a relatively low hardness compared to other metals; therefore, it needs less processing before it can be used for manufacturing various products such as automobiles or building materials like cement or glass fiber reinforced plastics (GFRP).
Regional Analysis:
Asia Pacific dominated the global metal grinding wheel market in 2017. The region is expected to witness high growth over the forecast period owing to increasing demand for metal and stones from developing countries such as India, China, and Japan. In addition, rising construction activities due to growing population are anticipated to drive product demand in Asia Pacific region.
Europe accounted for a significant share of revenue in 2017 on account of rapid industrialization coupled with stringent environmental regulations by European Union (EU) regarding emission control is likely to propel product demand over the forecast period. North America also held a considerable share of global revenue in 2017 owing grinder wheels used widely across industries including automotive, aerospace & defense, oil & gas among others for machining various parts including engine components and transmission gears in vehicles manufactured by Ford Motors Company; General Motors Company; Airbus S.A.; Volkswagen Group; Boeing Co.
Growth Factors:
- Increasing demand for metal grinding wheel from automotive and aerospace industries due to the growing need for precision and accuracy in machining operations.
- Rising demand for metal grinding wheel from construction and manufacturing sectors owing to the increasing adoption of advanced technologies in these sectors.
- Growing popularity of metal grinding wheel among small-scale businesses due to its low cost and easy availability as compared to other abrasive tools.
- Technological advancements in the design of metal grinding wheels that are resulting in improved performance, longer life, and higher efficiency levels among users.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Grinding Wheel Market Research Report
By Type
Al2O3 Phenolic Resin Grinding Wheel, SiC Phenolic Resin Grinding Wheel, Others
By Application
Metal, Stones, Steel, Others
By Companies
M, Kuretoishi, Camel Grinding Wheels Works Sarid, Tyrolit Group, SHIN-EI Grinding Wheels, DSA Products, Andre Abrasive, DK Holdings, Elka, M
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Metal Grinding Wheel Market Report Segments:
The global Metal Grinding Wheel market is segmented on the basis of:
Types
Al2O3 Phenolic Resin Grinding Wheel, SiC Phenolic Resin Grinding Wheel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metal, Stones, Steel, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M
- Kuretoishi
- Camel Grinding Wheels Works Sarid
- Tyrolit Group
- SHIN-EI Grinding Wheels
- DSA Products
- Andre Abrasive
- DK Holdings
- Elka
- M
Highlights of The Metal Grinding Wheel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Al2O3 Phenolic Resin Grinding Wheel
- SiC Phenolic Resin Grinding Wheel
- Others
- By Application:
- Metal
- Stones
- Steel
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Metal Grinding Wheel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A metal grinding wheel is a machine used to grind metals. It has a series of disks that rotate around an axis, and the disks are made out of different materials, such as steel or aluminum. The wheel can be used to grind metals into smaller pieces, making them easier to work with.
Some of the key players operating in the metal grinding wheel market are M, Kuretoishi, Camel Grinding Wheels Works Sarid, Tyrolit Group, SHIN-EI Grinding Wheels, DSA Products, Andre Abrasive, DK Holdings, Elka, M.
The metal grinding wheel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal Grinding Wheel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Metal Grinding Wheel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Grinding Wheel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Metal Grinding Wheel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Metal Grinding Wheel Market Size & Forecast, 2020-2028
4.5.1 Metal Grinding Wheel Market Size and Y-o-Y Growth
4.5.2 Metal Grinding Wheel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Al2O3 Phenolic Resin Grinding Wheel
5.2.2 SiC Phenolic Resin Grinding Wheel
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Metal
6.2.2 Stones
6.2.3 Steel
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Grinding Wheel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Metal Grinding Wheel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Al2O3 Phenolic Resin Grinding Wheel
9.6.2 SiC Phenolic Resin Grinding Wheel
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Metal
9.10.2 Stones
9.10.3 Steel
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Al2O3 Phenolic Resin Grinding Wheel
10.6.2 SiC Phenolic Resin Grinding Wheel
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Metal
10.10.2 Stones
10.10.3 Steel
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Al2O3 Phenolic Resin Grinding Wheel
11.6.2 SiC Phenolic Resin Grinding Wheel
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Metal
11.10.2 Stones
11.10.3 Steel
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Al2O3 Phenolic Resin Grinding Wheel
12.6.2 SiC Phenolic Resin Grinding Wheel
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Metal
12.10.2 Stones
12.10.3 Steel
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Al2O3 Phenolic Resin Grinding Wheel
13.6.2 SiC Phenolic Resin Grinding Wheel
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Metal
13.10.2 Stones
13.10.3 Steel
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Metal Grinding Wheel Market: Competitive Dashboard
14.2 Global Metal Grinding Wheel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Kuretoishi
14.3.3 Camel Grinding Wheels Works Sarid
14.3.4 Tyrolit Group
14.3.5 SHIN-EI Grinding Wheels
14.3.6 DSA Products
14.3.7 Andre Abrasive
14.3.8 DK Holdings
14.3.9 Elka
14.3.10 M
