Market Overview:
The global fibre disc market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for grinding and polishing applications across various industries. In terms of type, the resin segment is expected to lead the global fibre disc market during the forecast period, followed by silicon carbide and ceramic segments. The resin segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030.
Product Definition:
A fibre disc is a type of abrasive disc that is made out of fibreglass. Fibre discs are used for grinding and polishing metals, plastics, and other materials. They are available in different sizes and shapes, and can be used with different types of machines.
Resin:
Resin is a natural element found in many plants and animals. It's main function is to seal the cuticle of the hair follicle, which protects it from water and air. Resin also has antibacterial properties that help protect skin against bacterial infection.
The resin used in fiber disc market can be extracted from various sources such as pine trees, hemlock trees, cedar trees or copal resins; all these sources are renewable.
Silicon Carbide:
Silicon carbide is a compound of carbon and silicon. It is produced from high-grade pure silicon, which is obtained as a byproduct during the production of silica (SiO2) from sand. The manufacturing process involves three steps including refining, purifying, and concentrating the raw material to produce an ultrafine particle size product that has better electrical properties than any other known material in existence today.
Application Insights:
The global market is segmented by application into grinding, polishing and others. The grinding segment dominated the overall industry in terms of revenue in 2017. Fibre discs are widely used for various applications such as metal cutting, drilling, crushing and pulverizing among others. Metal cutting was the largest application segment followed by drilling which accounted for over 40% of total industry revenue share in 2017.
Fibre discs are increasingly being utilized to replace traditional abrasives such as stones and ceramics that were previously used extensively across all industries worldwide due to their high cost along with environmental concerns regarding waste generation.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and end-users. The region is expected to maintain its dominance over the forecast period due to increasing demand for high performance products from various end-use industries such as aerospace, automotive, industrial machinery, electronics and others.
The Asia Pacific regional market is projected to grow at a lucrative rate over the forecast period owing to rapid urbanization resulting in increased construction activities across countries such as China and India. Moreover, rising disposable income coupled with an expanding population base will drive product demand across developing countries such as Japan and South Korea.
Growth Factors:
- Increasing demand for data storage: The global data storage is expected to grow at a CAGR of 31.5% from 2016 to 2020, which would drive the demand for Fibre Discs.
- Growing trend of big data and cloud computing: The increasing trend of big data and cloud computing is expected to boost the demand for Fibre Discs in the coming years.
- Proliferation of digital content: With the proliferation of digital content, there is an increased need for high-capacity storage devices, which would drive the growth of Fibre Disc market in future.
- Rising number of connected devices: The number of connected devices is growing rapidly across the world, which would lead to an increase in demand for high-capacity storage solutions, such as Fibre Discs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fibre Disc Market Research Report
By Type
Resin, Silicon Carbide, Ceramic
By Application
Grinding, Polishing
By Companies
3M, Saint-Gobain, Saint-Gobain Abrasives, KLINGSPOR Abrasives, Sparky Abrasives, TYROLIT, Gemtex, PFERD, Wurth Group, LUKAS, RHODIUS, Huixin Abrasive
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Fibre Disc Market Report Segments:
The global Fibre Disc market is segmented on the basis of:
Types
Resin, Silicon Carbide, Ceramic
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
Grinding, Polishing
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:
- 3M
- Saint-Gobain
- Saint-Gobain Abrasives
- KLINGSPOR Abrasives
- Sparky Abrasives
- TYROLIT
- Gemtex
- PFERD
- Wurth Group
- LUKAS
- RHODIUS
- Huixin Abrasive
Highlights of The Fibre Disc 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:
- Resin
- Silicon Carbide
- Ceramic
- By Application:
- Grinding
- Polishing
- 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 Fibre Disc 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?
Fibre Disc is a type of optical storage medium that uses a thin film of glass or plastic to store digital information. Fibre Discs are often used in portable devices, such as digital cameras and MP3 players, because they have a fast read speed and long data storage capacity.
Some of the key players operating in the fibre disc market are 3M, Saint-Gobain, Saint-Gobain Abrasives, KLINGSPOR Abrasives, Sparky Abrasives, TYROLIT, Gemtex, PFERD, Wurth Group, LUKAS, RHODIUS, Huixin Abrasive.
The fibre disc 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 Fibre Disc 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 Fibre Disc Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fibre Disc 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 Fibre Disc 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 Fibre Disc Market Size & Forecast, 2018-2028
4.5.1 Fibre Disc Market Size and Y-o-Y Growth
4.5.2 Fibre Disc Market Absolute $ Opportunity
Chapter 5 Global Fibre Disc 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 Fibre Disc Market Size Forecast by Type
5.2.1 Resin
5.2.2 Silicon Carbide
5.2.3 Ceramic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fibre Disc 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 Fibre Disc Market Size Forecast by Applications
6.2.1 Grinding
6.2.2 Polishing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fibre Disc 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 Fibre Disc 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 Fibre Disc Analysis and Forecast
9.1 Introduction
9.2 North America Fibre Disc 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 Fibre Disc Market Size Forecast by Type
9.6.1 Resin
9.6.2 Silicon Carbide
9.6.3 Ceramic
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 Fibre Disc Market Size Forecast by Applications
9.10.1 Grinding
9.10.2 Polishing
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 Fibre Disc Analysis and Forecast
10.1 Introduction
10.2 Europe Fibre Disc 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 Fibre Disc Market Size Forecast by Type
10.6.1 Resin
10.6.2 Silicon Carbide
10.6.3 Ceramic
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 Fibre Disc Market Size Forecast by Applications
10.10.1 Grinding
10.10.2 Polishing
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 Fibre Disc Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fibre Disc 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 Fibre Disc Market Size Forecast by Type
11.6.1 Resin
11.6.2 Silicon Carbide
11.6.3 Ceramic
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 Fibre Disc Market Size Forecast by Applications
11.10.1 Grinding
11.10.2 Polishing
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 Fibre Disc Analysis and Forecast
12.1 Introduction
12.2 Latin America Fibre Disc 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 Fibre Disc Market Size Forecast by Type
12.6.1 Resin
12.6.2 Silicon Carbide
12.6.3 Ceramic
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 Fibre Disc Market Size Forecast by Applications
12.10.1 Grinding
12.10.2 Polishing
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) Fibre Disc Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fibre Disc 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) Fibre Disc Market Size Forecast by Type
13.6.1 Resin
13.6.2 Silicon Carbide
13.6.3 Ceramic
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) Fibre Disc Market Size Forecast by Applications
13.10.1 Grinding
13.10.2 Polishing
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 Fibre Disc Market: Competitive Dashboard
14.2 Global Fibre Disc Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Saint-Gobain
14.3.3 Saint-Gobain Abrasives
14.3.4 KLINGSPOR Abrasives
14.3.5 Sparky Abrasives
14.3.6 TYROLIT
14.3.7 Gemtex
14.3.8 PFERD
14.3.9 Wurth Group
14.3.10 LUKAS
14.3.11 RHODIUS
14.3.12 Huixin Abrasive
