Market Overview:
The global coated abrasive 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 coated abrasives from various end-use industries, such as metalworking, woodworking, furniture and musical instruments, automotive and others. In terms of type, paper backings are expected to dominate the global coated abrasive market during the forecast period owing to their low cost and easy availability.
Product Definition:
A coated abrasive is a type of abrasive grain that has been combined with a bonding agent. The most common type of coated abrasive is the sandpaper sheet, which typically consists of an aluminum oxide or silicon carbide grit bonded to a paper backing.
Paper Backings:
Paper backings are used in the paper industry for coated abrasives production. Coated abrasive is a product that is made of cloth or paper and has two layers of different materials, one facing outside and the other inside the product. The two layers interact with each other to provide an effective cutting surface. These products find their application in household, industrial, automotive and medical sectors on account of high performance efficiency coupled with low cost compared to metal backed products.
Cloth Backings:
Cloth backing is a type of backing paper that is made from cloth. It has high tensile strength and durability as compared to plastic backed abrasives. The material used in the making of these products can be cotton or polyester based, however, they are commonly known as cotton backed abrasives or polyester backed abrasives depending upon the raw materials used for manufacturing.
Application Insights:
The metalworking segment led the global coated abrasives market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for metals from various industries, including construction, automotive, and energy. In addition, growing investments by governments in infrastructure projects are expected to drive demand for metals over the coming years. This will result in increased use of coated abrasives in industrial applications as well as increase consumption of rough diamonds for sharpening tools used during mining activities across several industries worldwide.
Woodworking was another prominent application that accounted for a significant share on account of rising demand from furniture manufacturers worldwide owing to high product quality and innovative designs coupled with low prices offered by competitors globally since 2014-15 (coated diamond prices crashed).
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region owing to the increasing demand for coated abrasives in industrial machinery, automotive and construction applications. The growing population in China, India and other Southeast Asian countries is expected to drive product demand from 2018 to 2030.
The growth of the manufacturing sector in India will propel coated abrasives market over the forecast period owing to its favorable government policies on investments coupled with low labor costs as compared to other regions. In addition, a well-established steel industry coupled with rising domestic consumption will further boost product demand over the next eight years.
North America accounted for a share of more than 25% of global revenue in 2017 due primarily increased spending by consumers on home improvement activities such as painting and coating metals & alloys at their homes are likely drive regional growth over next eight years.
Growth Factors:
- Increasing demand for coated abrasives from the automotive and aerospace industries due to the growing need for high-quality finishes.
- Rising demand from emerging economies such as China and India due to the increasing disposable income of consumers and growth in manufacturing sector.
- Growing popularity of coated abrasives among DIY enthusiasts and hobbyists for various home improvement projects.
- Technological advancements that have led to the development of new types of coated abrasives with improved performance characteristics over traditional ones.
Scope Of The Report
Report Attributes
Report Details
Report Title
Coated Abrasive Market Research Report
By Type
Paper Backings, Cloth Backings, Others
By Application
Metalworking, Woodworking, Furniture and Musical Instruments, Automotive, Others
By Companies
Saint-Gobain, KLINGSPOR, 3M, Hermes Schleifmittel, KWH Group, Sia Abrasives, Tyrolit, Pferd, Rhodius, Luxin High-tech, Fengmang Group, Hubei Yuli, Changzhou Kingcattle, Dongguan Golden Sun, Mipox
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Coated Abrasive Market Report Segments:
The global Coated Abrasive market is segmented on the basis of:
Types
Paper Backings, Cloth Backings, 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
Metalworking, Woodworking, Furniture and Musical Instruments, Automotive, 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:
- Saint-Gobain
- KLINGSPOR
- 3M
- Hermes Schleifmittel
- KWH Group
- Sia Abrasives
- Tyrolit
- Pferd
- Rhodius
- Luxin High-tech
- Fengmang Group
- Hubei Yuli
- Changzhou Kingcattle
- Dongguan Golden Sun
- Mipox
Highlights of The Coated Abrasive 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:
- Paper Backings
- Cloth Backings
- Others
- By Application:
- Metalworking
- Woodworking
- Furniture and Musical Instruments
- Automotive
- 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 Coated Abrasive 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 coated abrasive is a type of abrasive that has been treated with a coating to make it more effective. Coated abrasives are often used in industrial settings because they are more durable than uncoated abrasives and they produce less dust.
Some of the major players in the coated abrasive market are Saint-Gobain, KLINGSPOR, 3M, Hermes Schleifmittel, KWH Group, Sia Abrasives, Tyrolit, Pferd, Rhodius, Luxin High-tech, Fengmang Group, Hubei Yuli, Changzhou Kingcattle, Dongguan Golden Sun, Mipox.
The coated abrasive 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 Coated Abrasive 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 Coated Abrasive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coated Abrasive 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 Coated Abrasive 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 Coated Abrasive Market Size & Forecast, 2020-2028
4.5.1 Coated Abrasive Market Size and Y-o-Y Growth
4.5.2 Coated Abrasive 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 Paper Backings
5.2.2 Cloth Backings
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 Metalworking
6.2.2 Woodworking
6.2.3 Furniture and Musical Instruments
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coated Abrasive 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 Coated Abrasive 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 Paper Backings
9.6.2 Cloth Backings
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 Metalworking
9.10.2 Woodworking
9.10.3 Furniture and Musical Instruments
9.10.4 Automotive
9.10.5 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 Paper Backings
10.6.2 Cloth Backings
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 Metalworking
10.10.2 Woodworking
10.10.3 Furniture and Musical Instruments
10.10.4 Automotive
10.10.5 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 Paper Backings
11.6.2 Cloth Backings
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 Metalworking
11.10.2 Woodworking
11.10.3 Furniture and Musical Instruments
11.10.4 Automotive
11.10.5 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 Paper Backings
12.6.2 Cloth Backings
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 Metalworking
12.10.2 Woodworking
12.10.3 Furniture and Musical Instruments
12.10.4 Automotive
12.10.5 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 Paper Backings
13.6.2 Cloth Backings
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 Metalworking
13.10.2 Woodworking
13.10.3 Furniture and Musical Instruments
13.10.4 Automotive
13.10.5 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 Coated Abrasive Market: Competitive Dashboard
14.2 Global Coated Abrasive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Saint-Gobain
14.3.2 KLINGSPOR
14.3.3 3M
14.3.4 Hermes Schleifmittel
14.3.5 KWH Group
14.3.6 Sia Abrasives
14.3.7 Tyrolit
14.3.8 Pferd
14.3.9 Rhodius
14.3.10 Luxin High-tech
14.3.11 Fengmang Group
14.3.12 Hubei Yuli
14.3.13 Changzhou Kingcattle
14.3.14 Dongguan Golden Sun
14.3.15 Mipox
