Market Overview:
The global coated sheet 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 sheet abrasives from various end-use industries, such as metal processing, woodworking, and electronics industry. In terms of type, silicon carbide type is expected to hold a major share in the global coated sheet abrasive market during the forecast period. However, alumina type is projected to grow at a higher CAGR than silicon carbide type during the forecast period. In terms of application, metal processing is estimated to account for a major share in 2018 and it is projected that this segment will maintain its dominance throughout the forecast period.
Product Definition:
A coated sheet abrasive is a type of abrasive that has had a bonding agent applied to one or both of its surfaces. This type of abrasive is used most often in industrial applications, where it is used to remove material from metal parts. The importance of using a coated sheet abrasive rather than an uncoated one lies in the fact that the coatings provide protection for both the abrading surface and the workpiece being machined. Additionally, coatings can enhance the cutting action of an abrasive by altering its surface properties.
Silicon Carbide Type:
Silicon carbide type is a crystalline form of silicon dioxide, which is made up of fine particles. It has different grades including extra-fine, ultra-fine and coarsest. The product has applications in the metal surface finishing market including automotive industry and aerospace sector owing to its properties such as abrasion resistance along with hardness. Growing demand for high performance products at low cost coupled with technological advancements in abrasive manufacturing are expected to drive the market growth over the forecast period.
Alumina Type:
Alumina is a type of mineral, which occurs in crystalline and amorphous forms. The most common alumina products are aluminum oxide (fine and course) and aluminosilicate. Aluminum silicate is used as an abrasive for its high-quality surface finish when compared to other commercial abrasives such as zirconia or silicon carbide.
Application Insights:
Metal processing application led the global coated sheet abrasives market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for metal cutting applications, such as cutting of steel and non-ferrous metals, from construction and automotive industries.
The woodworking industry is also anticipated to witness significant growth over the coming years due to increasing demand for wooden flooring in residential and commercial structures across various regions including North America, Europe, Asia Pacific and Middle East & Africa. Moreover, growing renovation activities are expected to boost product consumption further over the next seven years.
Coated sheet abrasives are widely used in grinding wheels or discs for sharpening tools used in woodworking applications such as hand saws, chisels etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the region. In 2016, China was estimated as the largest consumer for coated abrasives, accounting for more than 50% of global consumption. The growing electronics industry in Asia Pacific coupled with woodworking sector growth in India is likely to drive product demand over the forecast period.
North America emerged as one of the significant consumers for coated sheet abrasives due to high technological advancements and growing automotive industry especially after World War II which led into an increased requirement for metal processing industries across countries such as U.S.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and construction
- Growing popularity of coated abrasives among DIY enthusiasts and small businesses
- Rising investments in research and development activities by key players to develop new products
- Proliferation of online retail platforms that offer a wide range of coated abrasives at competitive prices
- Expansion of distribution networks by leading players to reach a wider customer base
Scope Of The Report
Report Attributes
Report Details
Report Title
Coated Sheet Abrasive Market Research Report
By Type
Silicon Carbide Type, Alumina Type, Others
By Application
Metal Processing, Woodworking, Electronics Industry
By Companies
PACKER FASTENER, Noritake Co., Ltd., M, PFERD, United Abrasives, Saint-Gobain Abrasives, RIKEN MN COATED ABRASIVES CO., LTD, Freer Tool, Shivam Enterprises
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Coated Sheet Abrasive Market Report Segments:
The global Coated Sheet Abrasive market is segmented on the basis of:
Types
Silicon Carbide Type, Alumina Type, 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 Processing, Woodworking, Electronics Industry
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:
- PACKER FASTENER
- Noritake Co., Ltd.
- M
- PFERD
- United Abrasives
- Saint-Gobain Abrasives
- RIKEN MN COATED ABRASIVES CO., LTD
- Freer Tool
- Shivam Enterprises
Highlights of The Coated Sheet 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:
- Silicon Carbide Type
- Alumina Type
- Others
- By Application:
- Metal Processing
- Woodworking
- Electronics Industry
- 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 Sheet 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?
Coated sheet abrasives are a type of abrasive that have a coating on the surface. This coating makes it easier to remove material from the surface being abraded.
Some of the major companies in the coated sheet abrasive market are PACKER FASTENER, Noritake Co., Ltd., M, PFERD, United Abrasives, Saint-Gobain Abrasives, RIKEN MN COATED ABRASIVES CO., LTD, Freer Tool, Shivam Enterprises.
The coated sheet 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 Sheet 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 Sheet Abrasive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coated Sheet 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 Sheet 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 Sheet Abrasive Market Size & Forecast, 2020-2028
4.5.1 Coated Sheet Abrasive Market Size and Y-o-Y Growth
4.5.2 Coated Sheet 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 Silicon Carbide Type
5.2.2 Alumina Type
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 Processing
6.2.2 Woodworking
6.2.3 Electronics Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coated Sheet 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 Sheet 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 Silicon Carbide Type
9.6.2 Alumina Type
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 Processing
9.10.2 Woodworking
9.10.3 Electronics Industry
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 Silicon Carbide Type
10.6.2 Alumina Type
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 Processing
10.10.2 Woodworking
10.10.3 Electronics Industry
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 Silicon Carbide Type
11.6.2 Alumina Type
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 Processing
11.10.2 Woodworking
11.10.3 Electronics Industry
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 Silicon Carbide Type
12.6.2 Alumina Type
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 Processing
12.10.2 Woodworking
12.10.3 Electronics Industry
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 Silicon Carbide Type
13.6.2 Alumina Type
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 Processing
13.10.2 Woodworking
13.10.3 Electronics Industry
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 Sheet Abrasive Market: Competitive Dashboard
14.2 Global Coated Sheet Abrasive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PACKER FASTENER
14.3.2 Noritake Co., Ltd.
14.3.3 M
14.3.4 PFERD
14.3.5 United Abrasives
14.3.6 Saint-Gobain Abrasives
14.3.7 RIKEN MN COATED ABRASIVES CO., LTD
14.3.8 Freer Tool
14.3.9 Shivam Enterprises
