Market Overview:
The global glass abrasives 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 glass abrasives from various end-use industries, such as steel industry, construction industry, automotive industry, and others. In terms of type, extra coarse size segment is expected to hold a major share in the global glass abrasives market during the forecast period. This can be attributed to its high demand from various end-use industries for grinding and polishing applications.
Product Definition:
Glass Abrasives are small pieces of glass that have been crushed into a powder form. They are used as an abrasive to smooth and polish surfaces.
Extra Coarse Size:
The extra coarse size is also known as the ultra-fine grain. It's a range of sizes ranging from 0.25 to 2.0 microns and it has been used in abrasives for many years now, since its inception in 1803 by the German physician and philosopher Friedrich Julius Kolbe (1764 - 1840).
Medium Sizes:
Medium Sizes are also known as fluxes or fillers. They are used in glass abrasives for polishing and grinding applications. The product is made up of silica sand which is derived from silicon dioxide, aluminum oxide and other minerals like zirconia alumina, hafnia etc. It has a composition of about 65% to 70% by mass consisting of filler particles hence it is also known as super-size material or ultra-fine material (UFM).
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The product demand in this application is projected to increase at a CAGR of XX% from 2018 to 2030 owing to its increasing use in various applications, such as window and door frames, countertops, kitchen surfaces, bathroom walls and floors among others.
The automotive industry was one of the major applications for glass abrasives with a revenue share of 15.3% in 2017 owing to its growing requirement for lightweight materials with high strength that can be manufactured using glass fiber composites. In addition, rising demand for carbon fiber composites due largely their low weight compared with metals will further propel market growth over the coming years.
Regional Analysis:
North America dominated the global glass abrasives market in 2017. The region is expected to witness moderate growth over the forecast period owing to increasing demand for steel and growing construction industry due to rising disposable income of consumers, which will drive product demand across various applications. In addition, stringent regulations by environmental protection agencies such as U.S EPA regarding emission control systems in automobiles are likely to propel automotive industry growth, thereby driving product consumption across North America.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing with rapid industrialization and urbanization resulting into increased construction activities in developing countries such as China and India that will drive product consumption across Asia Pacific region over the next eight years.
Europe was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand for glass abrasives from the automotive and aerospace industries due to the growing need for precision and high-quality finishes.
- Rising demand for environmentally friendly and low-cost abrasives alternatives, such as glass beads, from various end-user industries.
- Growing popularity of nanotechnology in manufacturing processes that is expected to drive the demand for glass abrasives over the forecast period.
- Technological advancements in grinding equipment that are increasing the efficiency of glass abrasion processes, thereby propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Glass Abrasives Market Research Report
By Type
Extra Coarse Size, Medium Sizes, Fine Sizes
By Application
Steel Industry, Construction Industry, Automotive Industry, Others
By Companies
Marco Group International, Vitro Minerals, Abrasives Inc, TRU Abrasives, Reade International Corp, GlassOx Abrasives, Harsco Minerals International, Rapid Prep, Graco, Saint-Gobain Group
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Glass Abrasives Market Report Segments:
The global Glass Abrasives market is segmented on the basis of:
Types
Extra Coarse Size, Medium Sizes, Fine Sizes
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
Steel Industry, Construction Industry, Automotive Industry, 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:
- Marco Group International
- Vitro Minerals
- Abrasives Inc
- TRU Abrasives
- Reade International Corp
- GlassOx Abrasives
- Harsco Minerals International
- Rapid Prep
- Graco
- Saint-Gobain Group
Highlights of The Glass Abrasives 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:
- Extra Coarse Size
- Medium Sizes
- Fine Sizes
- By Application:
- Steel Industry
- Construction Industry
- Automotive Industry
- 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 Glass Abrasives 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?
Glass Abrasives are a type of abrasive that is made from glass. Glass Abrasives are used to remove material by grinding.
Some of the major companies in the glass abrasives market are Marco Group International, Vitro Minerals, Abrasives Inc, TRU Abrasives, Reade International Corp, GlassOx Abrasives, Harsco Minerals International, Rapid Prep, Graco, Saint-Gobain Group.
The glass abrasives market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glass Abrasives 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. Glass Abrasives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glass Abrasives Market - Supply Chain
4.5. Global Glass Abrasives Market Forecast
4.5.1. Glass Abrasives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glass Abrasives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glass Abrasives Market Absolute $ Opportunity
5. Global Glass Abrasives 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. Glass Abrasives Market Size and Volume Forecast by Type
5.3.1. Extra Coarse Size
5.3.2. Medium Sizes
5.3.3. Fine Sizes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glass Abrasives 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. Glass Abrasives Market Size and Volume Forecast by Application
6.3.1. Steel Industry
6.3.2. Construction Industry
6.3.3. Automotive Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glass Abrasives 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. Glass Abrasives 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 Glass Abrasives 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. Glass Abrasives 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 Glass Abrasives Demand Share Forecast, 2019-2026
9. North America Glass Abrasives 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 Glass Abrasives 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 Glass Abrasives Market Size and Volume Forecast by Application
9.4.1. Steel Industry
9.4.2. Construction Industry
9.4.3. Automotive Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glass Abrasives Market Size and Volume Forecast by Type
9.7.1. Extra Coarse Size
9.7.2. Medium Sizes
9.7.3. Fine Sizes
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 Glass Abrasives Demand Share Forecast, 2019-2026
10. Latin America Glass Abrasives 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 Glass Abrasives 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 Glass Abrasives Market Size and Volume Forecast by Application
10.4.1. Steel Industry
10.4.2. Construction Industry
10.4.3. Automotive Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glass Abrasives Market Size and Volume Forecast by Type
10.7.1. Extra Coarse Size
10.7.2. Medium Sizes
10.7.3. Fine Sizes
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 Glass Abrasives Demand Share Forecast, 2019-2026
11. Europe Glass Abrasives 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 Glass Abrasives 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 Glass Abrasives Market Size and Volume Forecast by Application
11.4.1. Steel Industry
11.4.2. Construction Industry
11.4.3. Automotive Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glass Abrasives Market Size and Volume Forecast by Type
11.7.1. Extra Coarse Size
11.7.2. Medium Sizes
11.7.3. Fine Sizes
11.8. Basis Point Share (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 Glass Abrasives Demand Share, 2019-2026
12. Asia Pacific Glass Abrasives 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 Glass Abrasives 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 Glass Abrasives Market Size and Volume Forecast by Application
12.4.1. Steel Industry
12.4.2. Construction Industry
12.4.3. Automotive Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glass Abrasives Market Size and Volume Forecast by Type
12.7.1. Extra Coarse Size
12.7.2. Medium Sizes
12.7.3. Fine Sizes
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 Glass Abrasives Demand Share, 2019-2026
13. Middle East & Africa Glass Abrasives 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 Glass Abrasives 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 Glass Abrasives Market Size and Volume Forecast by Application
13.4.1. Steel Industry
13.4.2. Construction Industry
13.4.3. Automotive Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glass Abrasives Market Size and Volume Forecast by Type
13.7.1. Extra Coarse Size
13.7.2. Medium Sizes
13.7.3. Fine Sizes
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 Glass Abrasives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glass Abrasives Market: Market Share Analysis
14.2. Glass Abrasives Distributors and Customers
14.3. Glass Abrasives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Marco Group International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vitro Minerals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Abrasives Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TRU Abrasives
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Reade International Corp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GlassOx Abrasives
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Harsco Minerals International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rapid Prep
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Graco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Saint-Gobain Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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
