Market Overview:
The global metallic abrasives 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 metallic abrasives from general industry, automotive, and machinery applications. In terms of type, the carbon steel segment is expected to lead the global metallic abrasives market during the forecast period. This can be attributed to its high durability and resistance against wear and tear as compared to other types of metals.
Product Definition:
Metallic abrasives are small, hard particles of metal that are used to wear away the surface of another material. They are often used in grinding and sanding operations to remove small amounts of material from a workpiece. Metallic abrasives can be made from a variety of metals, including aluminum, brass, bronze, copper, iron, and steel.
Carbon Steel:
Carbon steel is a form of carbon-rich steel. It contains carbon in the alloying element, which makes it different from normal (high temperature) and low carbon (low temperature) iron. The global demand for metal abrasives has witnessed significant growth over the past few years on account of rapid industrialization and urbanization in emerging economies such as India, China, Vietnam and South Korea.
Iron:
Iron is a metal and it's main group is Group 2 (iron group) of periodic table. It has been used as an abrasive material in the form of ferrous alloys. The most common type of iron ore mined and processed for iron extraction is known as hematite which consists mainly of iron & oxygen mixture. Hematite can be categorized into two types, namely basic hematite and acidic hematite depending upon its treatment conditions & application usage respectively.
Application Insights:
The general industry segment led the market and accounted for more than 40% share of the global revenue in 2017. The growth can be attributed to increasing demand for metal cutting tools from construction, infrastructure, mining and others industries. In addition, rising demand for high-precision components in aerospace & defense is expected to drive product demand over the forecast period.
Automotive was one of the prominent applications accounting for a significant share of industry revenues in 2017 owing to rapid industrialization and growing automotive sector across developing countries including India, China and Brazil. In addition, stringent regulations regarding vehicle safety are expected to increase product penetration further driving metallic abrasion products over next seven years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing metal production in China, India, Japan, and South Korea coupled with growing automotive industry in countries such as India and China.
The demand for steel products across various industries including construction has witnessed significant growth due to rising population coupled with rapid urbanization across emerging economies such as India and China which has led the demand for metallic abrasion products over the past few years.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and general engineering
- Growing awareness about the benefits of metallic abrasives over traditional abrasives
- Rising investments in research and development to develop new and innovative products
- Growing popularity of metallic abrasives among DIY enthusiasts and hobbyists
- Increasing number of mergers and acquisitions among leading players to strengthen their market position
Scope Of The Report
Report Attributes
Report Details
Report Title
Metallic Abrasives Market Research Report
By Type
Carbon Steel, Iron, Others
By Application
General Industry, Automotive, Machinery, Others
By Companies
Toyo Seiko, W Abrasives(Winoa), Ervin Industries, FROHN(Sinto), Chircu Prod-Impex, KrampeHarex, Shandong Kaitai, TAA Metal, Shandong Chuanyang, Pellets, Toyo Seiko, Trenchdare Engineering, Shandong Yongshun, Suntec Enterprises, Shandong Yafeite, Shandong Sea Mountain, Fengerda
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Metallic Abrasives Market Report Segments:
The global Metallic Abrasives market is segmented on the basis of:
Types
Carbon Steel, Iron, 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
General Industry, Automotive, Machinery, 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:
- Toyo Seiko
- W Abrasives(Winoa)
- Ervin Industries
- FROHN(Sinto)
- Chircu Prod-Impex
- KrampeHarex
- Shandong Kaitai
- TAA Metal
- Shandong Chuanyang
- Pellets
- Toyo Seiko
- Trenchdare Engineering
- Shandong Yongshun
- Suntec Enterprises
- Shandong Yafeite
- Shandong Sea Mountain
- Fengerda
Highlights of The Metallic 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:
- Carbon Steel
- Iron
- Others
- By Application:
- General Industry
- Automotive
- Machinery
- 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 Metallic 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.
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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?
Metallic Abrasives are a type of abrasive that is made from metal. They are used to remove material by rubbing it against another surface.
Some of the major players in the metallic abrasives market are Toyo Seiko, W Abrasives(Winoa), Ervin Industries, FROHN(Sinto), Chircu Prod-Impex, KrampeHarex, Shandong Kaitai, TAA Metal, Shandong Chuanyang, Pellets, Toyo Seiko, Trenchdare Engineering, Shandong Yongshun, Suntec Enterprises, Shandong Yafeite, Shandong Sea Mountain, Fengerda.
The metallic abrasives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metallic Abrasives 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 Metallic Abrasives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metallic Abrasives 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 Metallic Abrasives 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 Metallic Abrasives Market Size & Forecast, 2018-2028
4.5.1 Metallic Abrasives Market Size and Y-o-Y Growth
4.5.2 Metallic Abrasives Market Absolute $ Opportunity
Chapter 5 Global Metallic Abrasives 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 Metallic Abrasives Market Size Forecast by Type
5.2.1 Carbon Steel
5.2.2 Iron
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metallic Abrasives 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 Metallic Abrasives Market Size Forecast by Applications
6.2.1 General Industry
6.2.2 Automotive
6.2.3 Machinery
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metallic Abrasives 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 Metallic Abrasives 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 Metallic Abrasives Analysis and Forecast
9.1 Introduction
9.2 North America Metallic Abrasives 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 Metallic Abrasives Market Size Forecast by Type
9.6.1 Carbon Steel
9.6.2 Iron
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 Metallic Abrasives Market Size Forecast by Applications
9.10.1 General Industry
9.10.2 Automotive
9.10.3 Machinery
9.10.4 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 Metallic Abrasives Analysis and Forecast
10.1 Introduction
10.2 Europe Metallic Abrasives 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 Metallic Abrasives Market Size Forecast by Type
10.6.1 Carbon Steel
10.6.2 Iron
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 Metallic Abrasives Market Size Forecast by Applications
10.10.1 General Industry
10.10.2 Automotive
10.10.3 Machinery
10.10.4 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 Metallic Abrasives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metallic Abrasives 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 Metallic Abrasives Market Size Forecast by Type
11.6.1 Carbon Steel
11.6.2 Iron
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 Metallic Abrasives Market Size Forecast by Applications
11.10.1 General Industry
11.10.2 Automotive
11.10.3 Machinery
11.10.4 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 Metallic Abrasives Analysis and Forecast
12.1 Introduction
12.2 Latin America Metallic Abrasives 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 Metallic Abrasives Market Size Forecast by Type
12.6.1 Carbon Steel
12.6.2 Iron
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 Metallic Abrasives Market Size Forecast by Applications
12.10.1 General Industry
12.10.2 Automotive
12.10.3 Machinery
12.10.4 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) Metallic Abrasives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metallic Abrasives 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) Metallic Abrasives Market Size Forecast by Type
13.6.1 Carbon Steel
13.6.2 Iron
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) Metallic Abrasives Market Size Forecast by Applications
13.10.1 General Industry
13.10.2 Automotive
13.10.3 Machinery
13.10.4 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 Metallic Abrasives Market: Competitive Dashboard
14.2 Global Metallic Abrasives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyo Seiko
14.3.2 W Abrasives(Winoa)
14.3.3 Ervin Industries
14.3.4 FROHN(Sinto)
14.3.5 Chircu Prod-Impex
14.3.6 KrampeHarex
14.3.7 Shandong Kaitai
14.3.8 TAA Metal
14.3.9 Shandong Chuanyang
14.3.10 Pellets
14.3.11 Toyo Seiko
14.3.12 Trenchdare Engineering
14.3.13 Shandong Yongshun
14.3.14 Suntec Enterprises
14.3.15 Shandong Yafeite
14.3.16 Shandong Sea Mountain
14.3.17 Fengerda
