Market Overview:
The global sponge abrasive paper 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 sponge abrasive paper in various applications such as wood, metal, and varnishing. In addition, the growing demand for sponge abrasive paper from emerging economies is also contributing to the growth of this market. However, factors such as environmental concerns and health hazards associated with use of these papers may restrain the growth of this market during the forecast period.
Product Definition:
Sponge abrasive paper is a type of sandpaper that uses a foam pad as the abrasive material. This type of sandpaper is generally used for finishing work, such as polishing or buffing. The foam pad makes it easy to achieve a smooth finish on surfaces and can be used on both curved and flat surfaces.
Dry-Abrasive Paper:
Dry-Abrasive Paper is a special type of paper made from wood pulp and contains no water. It acts as an abrasive material, which helps in removing unwanted paint & surface without any risk of getting wet. The major advantage offered by this product is that it can be used on both smooth as well as rough surfaces.
The global Dry-Abrasive Paper market size was valued at USD 537 million in 2016.
Wet-Abrasive Paper:
Wet-abrasive paper is a type of abrasive material used in the preparation of glass sponges for polishing applications. The product consists of an abrasive compound, usually made up of calcium carbonate, silicon carbide or aluminum oxide and wetting agents such as water or oil. These are then laminated with backing paper to form a flexible sheet which can be cut to shape and size as required by the end user.
Application Insights:
The wood application segment led the market and accounted for more than 35.0% share of the global revenue in 2017. The product is widely used in woodworking as it helps to smoothen, polish and remove scratches from wooden surfaces. Moreover, increasing demand for natural-finish wooden products including furniture is expected to propel the growth over the forecast period.
The metal application segment was valued at USD 23 million in 2017 owing to high demand from various industries including automotive, construction and medical equipment among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for abrasives from various applications such as wood, metal, varnishing and others. China is one of the largest producers of steel in this region owing to availability of raw materials such as iron ore and coal which are required for production of steel. In addition, rapid industrialization coupled with presence of a large number rising population has led to increased demand for household products including furniture polishers which further drives product consumption in Asia Pacific.
North America accounted for a significant share due to high consumption levels from end-use industries such as automotive polishing operations that generate high heat during operation resulting into greater energy requirements along with other factors affecting regional market growth positively or negatively.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and marine
- Growing popularity of sponge abrasive paper in the metalworking industry
- Rising demand for low-cost and high-quality abrasives products
- Technological advancements in the manufacturing process of sponge abrasive paper
- Growing awareness about the benefits of using sponge abrasive paper among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Sponge Abrasive Paper Market Research Report
By Type
Dry-Abrasive Paper, Wet-Abrasive Paper, Others
By Application
Wood, Metal, Varnishing, Others
By Companies
Saint-Gobain, Klingspor, M, Mirka, Hermes, SIA, Ekamant, Nihon Kenshi, Gator, Sankyo-Rikagaku, Saint-Gobain, Keystone, Carborundum Universal, Uneeda, Kovax, Awuko, Tung Jinn, TOA-Sankyo
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Sponge Abrasive Paper Market Report Segments:
The global Sponge Abrasive Paper market is segmented on the basis of:
Types
Dry-Abrasive Paper, Wet-Abrasive Paper, 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
Wood, Metal, Varnishing, 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:
- Saint-Gobain
- Klingspor
- M
- Mirka
- Hermes
- SIA
- Ekamant
- Nihon Kenshi
- Gator
- Sankyo-Rikagaku
- Saint-Gobain
- Keystone
- Carborundum Universal
- Uneeda
- Kovax
- Awuko
- Tung Jinn
- TOA-Sankyo
Highlights of The Sponge Abrasive Paper 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:
- Dry-Abrasive Paper
- Wet-Abrasive Paper
- Others
- By Application:
- Wood
- Metal
- Varnishing
- 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 Sponge Abrasive Paper 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Sponge abrasive paper is a type of paper that is made from sponge. It is used to remove paint, wax, and other materials from surfaces.
Some of the major companies in the sponge abrasive paper market are Saint-Gobain, Klingspor, M, Mirka, Hermes, SIA, Ekamant, Nihon Kenshi, Gator, Sankyo-Rikagaku, Saint-Gobain, Keystone, Carborundum Universal, Uneeda, Kovax, Awuko, Tung Jinn, TOA-Sankyo.
The sponge abrasive paper 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 Sponge Abrasive Paper 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 Sponge Abrasive Paper Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sponge Abrasive Paper 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 Sponge Abrasive Paper 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 Sponge Abrasive Paper Market Size & Forecast, 2020-2028
4.5.1 Sponge Abrasive Paper Market Size and Y-o-Y Growth
4.5.2 Sponge Abrasive Paper 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 Dry-Abrasive Paper
5.2.2 Wet-Abrasive Paper
5.2.3 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 Wood
6.2.2 Metal
6.2.3 Varnishing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sponge Abrasive Paper 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 Sponge Abrasive Paper 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 Dry-Abrasive Paper
9.6.2 Wet-Abrasive Paper
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 Market Size Forecast by Applications
9.10.1 Wood
9.10.2 Metal
9.10.3 Varnishing
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 Dry-Abrasive Paper
10.6.2 Wet-Abrasive Paper
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 Market Size Forecast by Applications
10.10.1 Wood
10.10.2 Metal
10.10.3 Varnishing
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 Dry-Abrasive Paper
11.6.2 Wet-Abrasive Paper
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 Market Size Forecast by Applications
11.10.1 Wood
11.10.2 Metal
11.10.3 Varnishing
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 Dry-Abrasive Paper
12.6.2 Wet-Abrasive Paper
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 Market Size Forecast by Applications
12.10.1 Wood
12.10.2 Metal
12.10.3 Varnishing
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 Dry-Abrasive Paper
13.6.2 Wet-Abrasive Paper
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) Market Size Forecast by Applications
13.10.1 Wood
13.10.2 Metal
13.10.3 Varnishing
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 Sponge Abrasive Paper Market: Competitive Dashboard
14.2 Global Sponge Abrasive Paper Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Saint-Gobain
14.3.2 Klingspor
14.3.3 M
14.3.4 Mirka
14.3.5 Hermes
14.3.6 SIA
14.3.7 Ekamant
14.3.8 Nihon Kenshi
14.3.9 Gator
14.3.10 Sankyo-Rikagaku
14.3.11 Saint-Gobain
14.3.12 Keystone
14.3.13 Carborundum Universal
14.3.14 Uneeda
14.3.15 Kovax
14.3.16 Awuko
14.3.17 Tung Jinn
14.3.18 TOA-Sankyo
