Market Overview:
The Global Resin Bond Diamond Powder 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 resin bond diamond powder from various applications such as tungsten carbide, glass, ceramic and other applications. Additionally, the growing demand for resin bond diamond powder in emerging economies is also contributing to the growth of this market. However, fluctuations in raw material prices may hamper the growth of this market during the forecast period.
Product Definition:
Resin Bond Diamond Powder is a synthetic diamond powder that is used as an abrasive. It can be used for grinding and polishing both hard and soft materials.
Coated Type:
Coated type is a new concept in the resin bond diamond powder market. It has been used for coating applications such as metal or plastic sheets, fiberglass, and even some ceramics. Coated type can be easily distinguished from non-coated type because it has an additional layer of wear resistant material on top of the base material which increases its durability and toughness.
Uncoated Type:
Uncoated type is also known as basic or raw steel powder. It has a high demand in the global market due to its low cost and easy availability. Uncoated steel powder is used for manufacturing resin bond diamond powders by mixing it with plasticizers, lubricants, fillers and other additives which are used in paints & coatings industry.
The global resin bond diamond powders market was valued at USD 2,49 billion in 2016.
Application Insights:
Tungsten carbide application segment led the global resin bond diamond powder market in 2017. The product is widely used in tungsten carbide manufacturing as it provides high hardness and wear resistance. It is also used for increasing the life of cutting edges on saws and other tools, which are mainly employed in woodworking, construction and mining industries.
Ceramic was the second-largest application segment of the global market with a revenue share of over 11% in 2017. Diamond powders are added to ceramic formulations to increase hardness, wear resistance and thermal stability at low temperatures without compromising on porosity or microstructure like steel does.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for industrial tools from various end-use industries, such as automotive, aerospace and defense, electrical and electronics. In addition, rising disposable income levels are anticipated to fuel the product demand further.
The growing manufacturing sector in emerging economies of Asia Pacific has led to an increase in investments from multinational companies operating across multiple industry verticals including automotive and transportation; consumer goods; machinery; energy; construction materials among others. This trend is projected to propel market growth over the forecast period.
Europe accounted for a major share of revenue due with Germany being one of its key markets along with U.K.
Growth Factors:
- Increasing demand for diamond powder in the manufacturing of cutting tools and abrasives owing to its superior properties such as hardness, toughness and thermal conductivity.
- Rising demand for resin bonded diamond powder from the automotive and aerospace industries due to its ability to withstand high temperatures and corrosion.
- Growing popularity of resin bonded diamond powder among jewelry makers for polishing diamonds, gemstones and other precious stones.
- Increasing research & development activities by manufacturers to develop new applications of resin bonded diamond powder in various end-use industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Resin Bond Diamond Powder Market Research Report
By Type
Coated Type, Uncoated Type
By Application
Tungsten Carbide, Glass, Ceramic, Other
By Companies
L.M. Van Moppes & Sons, E-Grind Abrasives, Hyperion, Gem Diamond Products, Henan Mochen Superabrasives, Tomei Diamond, Changsha Shili Superhard Material
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 Resin Bond Diamond Powder Market Report Segments:
The global Resin Bond Diamond Powder market is segmented on the basis of:
Types
Coated Type, Uncoated Type
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
Tungsten Carbide, Glass, Ceramic, Other
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:
- L.M. Van Moppes & Sons
- E-Grind Abrasives
- Hyperion
- Gem Diamond Products
- Henan Mochen Superabrasives
- Tomei Diamond
- Changsha Shili Superhard Material
Highlights of The Resin Bond Diamond Powder 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:
- Coated Type
- Uncoated Type
- By Application:
- Tungsten Carbide
- Glass
- Ceramic
- Other
- 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 Resin Bond Diamond Powder 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?
Resin Bond Diamond Powder is a type of diamond powder that is used to create diamonds. It is made up of small, uniform diamonds that are bonded together with a resin. This makes the diamond powder harder and more durable than regular diamond powder.
Some of the major players in the resin bond diamond powder market are L.M. Van Moppes & Sons, E-Grind Abrasives, Hyperion, Gem Diamond Products, Henan Mochen Superabrasives, Tomei Diamond, Changsha Shili Superhard Material.
The resin bond diamond powder 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 Resin Bond Diamond Powder 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 Resin Bond Diamond Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Resin Bond Diamond Powder 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 Resin Bond Diamond Powder 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 Resin Bond Diamond Powder Market Size & Forecast, 2020-2028
4.5.1 Resin Bond Diamond Powder Market Size and Y-o-Y Growth
4.5.2 Resin Bond Diamond Powder 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 Coated Type
5.2.2 Uncoated Type
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 Tungsten Carbide
6.2.2 Glass
6.2.3 Ceramic
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resin Bond Diamond Powder 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 Resin Bond Diamond Powder 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 Coated Type
9.6.2 Uncoated Type
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 Tungsten Carbide
9.10.2 Glass
9.10.3 Ceramic
9.10.4 Other
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 Coated Type
10.6.2 Uncoated Type
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 Tungsten Carbide
10.10.2 Glass
10.10.3 Ceramic
10.10.4 Other
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 Coated Type
11.6.2 Uncoated Type
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 Tungsten Carbide
11.10.2 Glass
11.10.3 Ceramic
11.10.4 Other
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 Coated Type
12.6.2 Uncoated Type
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 Tungsten Carbide
12.10.2 Glass
12.10.3 Ceramic
12.10.4 Other
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 Coated Type
13.6.2 Uncoated Type
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 Tungsten Carbide
13.10.2 Glass
13.10.3 Ceramic
13.10.4 Other
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 Resin Bond Diamond Powder Market: Competitive Dashboard
14.2 Global Resin Bond Diamond Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L.M. Van Moppes & Sons
14.3.2 E-Grind Abrasives
14.3.3 Hyperion
14.3.4 Gem Diamond Products
14.3.5 Henan Mochen Superabrasives
14.3.6 Tomei Diamond
14.3.7 Changsha Shili Superhard Material
