The global diamond grinding wheels market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for diamond grinding wheels in various industries such as transport industry, construction, bearing & machinery and steel industry. The increasing demand for diamond grinding wheels in these industries is due to their ability to provide high-quality finishes on metal surfaces and reduce the time taken for machining operations.
The resinoid bond grinding wheel segment accounted for the largest share of the global diamond grinding wheel market in 2017, followed by vitrified bond grinding wheel segment. The resinoid bond segment is expected to maintain its dominance throughout the forecast period owing to its low cost and ease of use as compared with vitrified bond wheels which are more expensive but offer better performance than resinoid bonds when used on hard materials such as steel or cast iron.
Some Of The Growth Factors Of This Market:
- The increasing demand for diamond grinding wheels in the construction industry is a major factor driving the growth of this market.
- The increasing demand for diamond grinding wheels in the automotive industry is a major factor driving the growth of this market.
- The increasing demand for diamond grinding wheels in the mining industry is a major factor driving the growth of this market.
- The increase in global population and urbanization are factors that are expected to drive future growth of this market.
- Increasing disposable income and rising per capita expenditure on diamonds are also factors that will drive future growth.
Industry Growth Insights published a new data on “Diamond Grinding Wheels Market”. The research report is titled “Diamond Grinding Wheels Market research by Types (Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, Other), By Applications (Transport Industry, Construction, Bearing & Machinery, Steel Industry, Other), By Players/Companies Saint-Gobain, Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel (JP), Camel Grinding Wheels (Israel), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (England), Andre Abrasive, DK Holdings (UK), Elka (DE), Keihin Kogyosho Co., Ltd (JP), Northern Grinding Wheels, Grinding Wheels Breakdown Data by Type”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diamond Grinding Wheels Market Research Report
By Type
Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, Other
By Application
Transport Industry, Construction, Bearing & Machinery, Steel Industry, Other
By Companies
Saint-Gobain, Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel (JP), Camel Grinding Wheels (Israel), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (England), Andre Abrasive, DK Holdings (UK), Elka (DE), Keihin Kogyosho Co., Ltd (JP), Northern Grinding Wheels, Grinding Wheels Breakdown Data by Type
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Diamond Grinding Wheels Market Report Segments:
The global Diamond Grinding Wheels market is segmented on the basis of:
Types
Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, Other
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
Transport Industry, Construction, Bearing & Machinery, Steel Industry, Other
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:
- Saint-Gobain
- Klingspor
- 3M
- Mirka
- Noritake
- Saint-Gobain
- Kure Grinding Wheel (JP)
- Camel Grinding Wheels (Israel)
- Tyrolit Group
- SHIN-EI Grinding Wheels (JP)
- DSA Products (England)
- Andre Abrasive
- DK Holdings (UK)
- Elka (DE)
- Keihin Kogyosho Co., Ltd (JP)
- Northern Grinding Wheels
- Grinding Wheels Breakdown Data by Type
Highlights of The Diamond Grinding Wheels 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:
- Resinoid Bond Grinding Wheels
- Vitrified Bond Grinding Wheels
- Other
- By Application:
- Transport Industry
- Construction
- Bearing & Machinery
- Steel Industry
- Other
- 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 Diamond Grinding Wheels 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.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Diamond grinding wheels are used in various industrial applications such as metalworking, printing, and chemical processing. They are made of a hard material that is diamond-coated on one or both sides. The diamond coating makes the wheel harder and more durable than other types of grinding wheels.
Some of the key players operating in the diamond grinding wheels market are Saint-Gobain, Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel (JP), Camel Grinding Wheels (Israel), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (England), Andre Abrasive, DK Holdings (UK), Elka (DE), Keihin Kogyosho Co., Ltd (JP), Northern Grinding Wheels, Grinding Wheels Breakdown Data by Type.
The diamond grinding wheels market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diamond Grinding Wheels Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diamond Grinding Wheels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diamond Grinding Wheels Market - Supply Chain
4.5. Global Diamond Grinding Wheels Market Forecast
4.5.1. Diamond Grinding Wheels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diamond Grinding Wheels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diamond Grinding Wheels Market Absolute $ Opportunity
5. Global Diamond Grinding Wheels Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diamond Grinding Wheels Market Size and Volume Forecast by Type
5.3.1. Resinoid Bond Grinding Wheels
5.3.2. Vitrified Bond Grinding Wheels
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diamond Grinding Wheels Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diamond Grinding Wheels Market Size and Volume Forecast by Application
6.3.1. Transport Industry
6.3.2. Construction
6.3.3. Bearing & Machinery
6.3.4. Steel Industry
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diamond Grinding Wheels Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diamond Grinding Wheels Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diamond Grinding Wheels Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diamond Grinding Wheels Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diamond Grinding Wheels Demand Share Forecast, 2019-2026
9. North America Diamond Grinding Wheels Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diamond Grinding Wheels Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diamond Grinding Wheels Market Size and Volume Forecast by Application
9.4.1. Transport Industry
9.4.2. Construction
9.4.3. Bearing & Machinery
9.4.4. Steel Industry
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diamond Grinding Wheels Market Size and Volume Forecast by Type
9.7.1. Resinoid Bond Grinding Wheels
9.7.2. Vitrified Bond Grinding Wheels
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diamond Grinding Wheels Demand Share Forecast, 2019-2026
10. Latin America Diamond Grinding Wheels Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diamond Grinding Wheels Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diamond Grinding Wheels Market Size and Volume Forecast by Application
10.4.1. Transport Industry
10.4.2. Construction
10.4.3. Bearing & Machinery
10.4.4. Steel Industry
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diamond Grinding Wheels Market Size and Volume Forecast by Type
10.7.1. Resinoid Bond Grinding Wheels
10.7.2. Vitrified Bond Grinding Wheels
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diamond Grinding Wheels Demand Share Forecast, 2019-2026
11. Europe Diamond Grinding Wheels Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diamond Grinding Wheels Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diamond Grinding Wheels Market Size and Volume Forecast by Application
11.4.1. Transport Industry
11.4.2. Construction
11.4.3. Bearing & Machinery
11.4.4. Steel Industry
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diamond Grinding Wheels Market Size and Volume Forecast by Type
11.7.1. Resinoid Bond Grinding Wheels
11.7.2. Vitrified Bond Grinding Wheels
11.7.3. Other
11.8. Basis PointShare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diamond Grinding Wheels Demand Share, 2019-2026
12. Asia Pacific Diamond Grinding Wheels Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diamond Grinding Wheels Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diamond Grinding Wheels Market Size and Volume Forecast by Application
12.4.1. Transport Industry
12.4.2. Construction
12.4.3. Bearing & Machinery
12.4.4. Steel Industry
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diamond Grinding Wheels Market Size and Volume Forecast by Type
12.7.1. Resinoid Bond Grinding Wheels
12.7.2. Vitrified Bond Grinding Wheels
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diamond Grinding Wheels Demand Share, 2019-2026
13. Middle East & Africa Diamond Grinding Wheels Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diamond Grinding Wheels Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diamond Grinding Wheels Market Size and Volume Forecast by Application
13.4.1. Transport Industry
13.4.2. Construction
13.4.3. Bearing & Machinery
13.4.4. Steel Industry
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diamond Grinding Wheels Market Size and Volume Forecast by Type
13.7.1. Resinoid Bond Grinding Wheels
13.7.2. Vitrified Bond Grinding Wheels
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diamond Grinding Wheels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diamond Grinding Wheels Market: Market Share Analysis
14.2. Diamond Grinding Wheels Distributors and Customers
14.3. Diamond Grinding Wheels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Saint-Gobain
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Klingspor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. 3M
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mirka
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Noritake
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Saint-Gobain
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kure Grinding Wheel (JP)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Camel Grinding Wheels (Israel)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tyrolit Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SHIN-EI Grinding Wheels (JP)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DSA Products (England)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Andre Abrasive
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DK Holdings (UK)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Elka (DE)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Keihin Kogyosho Co., Ltd (JP)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Northern Grinding Wheels
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Grinding Wheels Breakdown Data by Type
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
