Market Overview:
The global sanding sponges 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 automotive, industrial, and household applications. In terms of type, the fine sanding sponge segment is expected to hold a major share in the global market during the forecast period. This can be attributed to its high demand from automotive and industrial applications owing to its superior finish quality as compared with other types of sanding sponges available in the market.
Product Definition:
A sanding sponge is a tool used to smooth and polish surfaces. They are made of a tough, open-cell foam that can be wetted or dry.
Fine:
The Fine is a type of sanding sponge that is used to remove dust and loose particles from the workpiece. It has a higher density than the coarser grades, which enables it to collect more debris. The fine grade offers better results when used with water or wet-dry sanders as it acts as an efficient filter, catching larger pieces of debris before they reach your air filter.
Superfine:
Superfine is a type of sanding sponge that exhibits superior characteristics such as high abrasive efficiency, durability and flexibility. It is used in various applications including wood, metal and plastic furniture finishing, automotive OEM & Aftermarket parts sanding. The growing demand for super-efficient tools with higher durability has led to the development of super fine grade sponges which are expected to gain traction over the forecast period owing to its increasing application scope across end-use industries.
Application Insights:
The automotive application segment accounted for the largest share of over 30.0% in 2017. The growing automobile industry, especially in Asia Pacific and Middle East & Africa is expected to be a key factor driving the demand for sanding sponges from the automotive sector. In addition, increasing production levels of passenger cars and LCVs across various regions is anticipated to further fuel product demand from the automotive sector over the forecast period.
Household application segment was valued at USD 120 million in 2017 owing to rising use of natural wood finishing techniques such as hand-sanding and using orbital or power sander for smoothening raw wood surfaces before painting or varnishing operations are carried out on them. Increasing preference towards natural wooden furniture coupled with an increase in DIY culture has led many consumers toward hand-sanding their own furniture pieces, which will further boost product penetration into this end-use market niche over next eight years.
Regional Analysis:
Asia Pacific dominated the global sanding sponges market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing demand for automotive spas and industrial facilities in countries such as China, India, Japan, and South Korea are anticipated to drive the regional market growth over the forecast period.
The growing construction industry due to increasing urbanization across Asia Pacific countries such as China and India is also expected to have a positive impact on product demand during the same period. Furthermore, rising disposable income coupled with an increase in spending power among consumers will further boost product consumption across various application segments including household usage for smoothening woodworking operations or metal working processes respectively.
Growth Factors:
- Increasing demand for sanding sponges in the automotive and furniture industries as a result of rising consumer spending on these products.
- Growing popularity of DIY projects, which is driving consumers to purchase sanding sponges for home improvement purposes.
- Rising demand from emerging markets, where the growth of the construction and automotive industries is fueling growth in the sanding sponge market.
- Innovation in design and functionality of sanding sponges, which is attracting new users to this product category. 5) increasing awareness about the benefits of using sanding sponges over other types of abrasives among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Sanding Sponges Market Research Report
By Type
Fine, Superfine, Medium, Coarse
By Application
Automotive, Industrial, Household, Others
By Companies
M, FEECO, Ace Hardware, Gekatex, Saint Gobain, Dongguan Karlux, Zhengzhou BOSDI, Smirdex, MartinCox, KRAUSS, Abrapower
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Sanding Sponges Market Report Segments:
The global Sanding Sponges market is segmented on the basis of:
Types
Fine, Superfine, Medium, Coarse
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
Automotive, Industrial, Household, 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:
- M
- FEECO
- Ace Hardware
- Gekatex
- Saint Gobain
- Dongguan Karlux
- Zhengzhou BOSDI
- Smirdex
- MartinCox
- KRAUSS
- Abrapower
Highlights of The Sanding Sponges 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:
- Fine
- Superfine
- Medium
- Coarse
- By Application:
- Automotive
- Industrial
- Household
- 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 Sanding Sponges 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?
Sanding sponges are a type of sandpaper that is made from a dense, hard paper. They are often used to smooth surfaces before painting or finishing.
Some of the key players operating in the sanding sponges market are M, FEECO, Ace Hardware, Gekatex, Saint Gobain, Dongguan Karlux, Zhengzhou BOSDI, Smirdex, MartinCox, KRAUSS, Abrapower.
The sanding sponges 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 Sanding Sponges 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 Sanding Sponges Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sanding Sponges 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 Sanding Sponges 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 Sanding Sponges Market Size & Forecast, 2020-2028 4.5.1 Sanding Sponges Market Size and Y-o-Y Growth 4.5.2 Sanding Sponges 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 Fine
5.2.2 Superfine
5.2.3 Medium
5.2.4 Coarse
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 Automotive
6.2.2 Industrial
6.2.3 Household
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sanding Sponges 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 Sanding Sponges 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 Fine
9.6.2 Superfine
9.6.3 Medium
9.6.4 Coarse
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 Automotive
9.10.2 Industrial
9.10.3 Household
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 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 Fine
10.6.2 Superfine
10.6.3 Medium
10.6.4 Coarse
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 Automotive
10.10.2 Industrial
10.10.3 Household
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 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 Fine
11.6.2 Superfine
11.6.3 Medium
11.6.4 Coarse
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 Automotive
11.10.2 Industrial
11.10.3 Household
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 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 Fine
12.6.2 Superfine
12.6.3 Medium
12.6.4 Coarse
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 Automotive
12.10.2 Industrial
12.10.3 Household
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) 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 Fine
13.6.2 Superfine
13.6.3 Medium
13.6.4 Coarse
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 Automotive
13.10.2 Industrial
13.10.3 Household
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 Sanding Sponges Market: Competitive Dashboard
14.2 Global Sanding Sponges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 FEECO
14.3.3 Ace Hardware
14.3.4 Gekatex
14.3.5 Saint Gobain
14.3.6 Dongguan Karlux
14.3.7 Zhengzhou BOSDI
14.3.8 Smirdex
14.3.9 MartinCox
14.3.10 KRAUSS
14.3.11 Abrapower