Market Overview:
The global resinoid bond grinding wheel 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 resinoid bond grinding wheels from various end-use industries, such as transport, construction, bearing & machinery, steel industry and others. In terms of type, the Al2O3 phenolic resin grinding wheel segment is expected to lead the global resinoid bond grinding wheel market during the forecast period. This can be attributed to its properties such as high wear resistance and toughness which make it suitable for use in various applications.
Product Definition:
Resinoid Bond Grinding Wheels are bonded with a resin that is cured under pressure. This type of bond results in a very tough wheel that can withstand high temperatures and extreme wear. Resinoid Bond Grinding Wheels are used for grinding high-temperature alloys, such as titanium and nickel alloys, as well as hard materials, such as carbide.
Al2O3 Phenolic Resin Grinding Wheel:
Al2O3 is a white crystalline powder, which has good electrical and thermal conductivity. It also has high heat resistance property. Al2O3 is used as an insulating material in the production of ceramic bodies for various applications such as kitchenware, tableware and sanitary ware and tiles.
SiC Phenolic Resin Grinding Wheel:
The SiC phenolic resin grinding wheel is used to grind the solid or liquid feedstock in the production of high-purity silica, which is a key ingredient for producing glass and ceramics. The product consists of two main components namely motor & gearbox with flywheel that can be mounted on a shaft.
SiC Phenolic Resin Grinding Wheel has applications in both ceramic.
Application Insights:
The construction industry was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. The product has a wide range of applications in this industry, including concrete polishing, grinding & crushing for recycling purposes and for producing ready-mixed concrete. Ready-mixed Concrete (RMC) is used across various industries owing to its low cost as compared to conventional methods of mixing cement such as batching systems.
Resinoid bond wheels are also used extensively in steel manufacturing process due to their ability to remove scale formations from water worn particles without any damage or alteration done towards the original properties of steel particles. In addition, these products help improve surface finish quality and reduce iron oxide formation during cooling processes which further improves the overall efficiency of steel production line at reduced costs. These factors are anticipated to drive product demand over the forecast period thereby contributing towards market growth on a positive note during future years.
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 per capita income in emerging economies, such as China and India. The region has witnessed significant growth in end-use industries including steel, transport equipment, construction materials, machinery & electronics over the past few years.
The European market was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for resinoid bond grinding wheels from the automotive and aerospace industries due to their superior performance characteristics over conventional grinding wheels.
- Growing popularity of resinoid bond grinding wheels among small and medium-sized enterprises due to their low cost and easy availability.
- Rising demand for resinoid bond grinding wheels in the medical device industry as they offer better surface finish, accuracy, and consistency as compared to other types of grinding wheel materials.
- Technological advancements in the manufacturing process of resinoid bond grinding wheels that has resulted in improved quality, performance, and durability of these products.
- Growing awareness about the benefits of using resinoid bond grinding Wheels among end users which is likely to boost market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Resinoid Bond Grinding Wheels Market Research Report
By Type
Al2O3 Phenolic Resin Grinding Wheel, SiC Phenolic Resin Grinding Wheel, MBD & CBN Phenolic Resin Grinding Wheel, Others
By Application
Transport Industry, Construction, Bearing & Machinery, Steel Industry, Other
By Companies
Klingspor, M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel, Camel Grinding Wheels, Tyrolit Group, SHIN-EI Grinding Wheels, DSA Products, Klingspor, DK Holdings, Elka, Keihin Kogyosho, Northern Grinding Wheels
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Resinoid Bond Grinding Wheels Market Report Segments:
The global Resinoid Bond Grinding Wheels market is segmented on the basis of:
Types
Al2O3 Phenolic Resin Grinding Wheel, SiC Phenolic Resin Grinding Wheel, MBD & CBN Phenolic Resin Grinding Wheel, 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
Transport Industry, Construction, Bearing & Machinery, Steel Industry, 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:
- Klingspor
- M
- Mirka
- Noritake
- Saint-Gobain
- Kure Grinding Wheel
- Camel Grinding Wheels
- Tyrolit Group
- SHIN-EI Grinding Wheels
- DSA Products
- Klingspor
- DK Holdings
- Elka
- Keihin Kogyosho
- Northern Grinding Wheels
Highlights of The Resinoid Bond Grinding Wheels 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:
- Al2O3 Phenolic Resin Grinding Wheel
- SiC Phenolic Resin Grinding Wheel
- MBD & CBN Phenolic Resin Grinding Wheel
- Others
- By Application:
- Transport Industry
- Construction
- Bearing & Machinery
- Steel Industry
- 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 Resinoid Bond Grinding Wheels 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?
Resinoid Bond Grinding Wheels are a type of grinding wheel that is made from a resin material. They are often used to grind materials such as plastics and resins, which can be difficult to grind using other types of grinding wheels.
Some of the major companies in the resinoid bond grinding wheels market are Klingspor, M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel, Camel Grinding Wheels, Tyrolit Group, SHIN-EI Grinding Wheels, DSA Products, Klingspor, DK Holdings, Elka, Keihin Kogyosho, Northern Grinding Wheels.
The resinoid bond grinding wheels 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 Resinoid Bond Grinding Wheels 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 Resinoid Bond Grinding Wheels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Resinoid Bond Grinding Wheels 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 Resinoid Bond Grinding Wheels 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 Resinoid Bond Grinding Wheels Market Size & Forecast, 2020-2028
4.5.1 Resinoid Bond Grinding Wheels Market Size and Y-o-Y Growth
4.5.2 Resinoid Bond Grinding Wheels 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 Al2O3 Phenolic Resin Grinding Wheel
5.2.2 SiC Phenolic Resin Grinding Wheel
5.2.3 MBD & CBN Phenolic Resin Grinding Wheel
5.2.4 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 Transport Industry
6.2.2 Construction
6.2.3 Bearing & Machinery
6.2.4 Steel Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resinoid Bond Grinding Wheels 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 Resinoid Bond Grinding Wheels 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 Al2O3 Phenolic Resin Grinding Wheel
9.6.2 SiC Phenolic Resin Grinding Wheel
9.6.3 MBD & CBN Phenolic Resin Grinding Wheel
9.6.4 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 Transport Industry
9.10.2 Construction
9.10.3 Bearing & Machinery
9.10.4 Steel Industry
9.10.5 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 Al2O3 Phenolic Resin Grinding Wheel
10.6.2 SiC Phenolic Resin Grinding Wheel
10.6.3 MBD & CBN Phenolic Resin Grinding Wheel
10.6.4 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 Transport Industry
10.10.2 Construction
10.10.3 Bearing & Machinery
10.10.4 Steel Industry
10.10.5 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 Al2O3 Phenolic Resin Grinding Wheel
11.6.2 SiC Phenolic Resin Grinding Wheel
11.6.3 MBD & CBN Phenolic Resin Grinding Wheel
11.6.4 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 Transport Industry
11.10.2 Construction
11.10.3 Bearing & Machinery
11.10.4 Steel Industry
11.10.5 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 Al2O3 Phenolic Resin Grinding Wheel
12.6.2 SiC Phenolic Resin Grinding Wheel
12.6.3 MBD & CBN Phenolic Resin Grinding Wheel
12.6.4 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 Transport Industry
12.10.2 Construction
12.10.3 Bearing & Machinery
12.10.4 Steel Industry
12.10.5 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 Al2O3 Phenolic Resin Grinding Wheel
13.6.2 SiC Phenolic Resin Grinding Wheel
13.6.3 MBD & CBN Phenolic Resin Grinding Wheel
13.6.4 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 Transport Industry
13.10.2 Construction
13.10.3 Bearing & Machinery
13.10.4 Steel Industry
13.10.5 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 Resinoid Bond Grinding Wheels Market: Competitive Dashboard
14.2 Global Resinoid Bond Grinding Wheels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Klingspor
14.3.2 M
14.3.3 Mirka
14.3.4 Noritake
14.3.5 Saint-Gobain
14.3.6 Kure Grinding Wheel
14.3.7 Camel Grinding Wheels
14.3.8 Tyrolit Group
14.3.9 SHIN-EI Grinding Wheels
14.3.10 DSA Products
14.3.11 Klingspor
14.3.12 DK Holdings
14.3.13 Elka
14.3.14 Keihin Kogyosho
14.3.15 Northern Grinding Wheels
