Market Overview:
The global sponge sandpaper 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 sandpaper in wood, metal, and varnishing applications. In terms of type, the <500 grit segment is expected to dominate the market during the forecast period owing to its widespread use in various applications. However, with technological advancements and growing demand for finer finishes, the 500-1000 grit segment is projected to grow at a higher CAGR than other segments during 2018-2030.
Product Definition:
Sponge sandpaper is a sandpaper that has a sponge-like surface. This type of sandpaper is often used for polishing and finishing surfaces.
<500 Grit:
500 grit is the highest grade of sandpaper. It has a very rough surface and is used to remove paint, rust, and other coatings from metal or wood. The higher the number, the coarser the paper; 500 being extremely coarse compared to 300 which is considered extra fine. Sandpapers are available in various grades with different grains that indicate their effectiveness on different materials.
500-1000 Grit:
500-1000 grit is the roughness range of sandpaper. It has a coarseness of 500-1000 microns and is used for smoothening or refining the surface of any material. Sponge sand paper falls under this category as it has a coarseness between 400-600 microns.
Application Insights:
The wood application segment led the market and accounted for more than 54.0% share of the global revenue in 2017. The product is widely used in sanding applications on wood as it removes scratches from wooden surfaces quickly and easily while leaving a smooth finish behind. It can also be used to remove paint from wooden surfaces, which is expected to drive its demand over the forecast period owing to rising demand for such products by DIY enthusiasts globally.
The metal application segment is expected to witness significant growth over the forecast period due to rising use of sponges in sanding applications on various metals including aluminum, steel, copper and others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The regional market is majorly driven by growing construction industry, which has led to an increased demand for sand paper in this region. In addition, rising disposable income of consumers and rapid urbanization have contributed significantly to product demand in developing countries such as China and India.
The increasing number of manufacturing facilities along with rising investments from foreign players are some of the factors that are anticipated to boost industrial production across Asia Pacific economies including China, Japan, South Korea, Taiwan among others will drive product consumption further.
Europe accounted for a significant share owing to high import volumes generated from domestic sandpaper manufacturers coupled with rapidly expanding woodworking sector especially Germany has witnessed substantial growth over past few years which is projectededto positively impact regional market development through 2030 period.
Growth Factors:
- Increasing demand for sponge sandpaper in the automotive and construction industries due to its superior performance over traditional abrasives.
- Growing popularity of sponge sandpaper among DIY enthusiasts and hobbyists for various home improvement projects.
- Rising awareness about the benefits of using sponge sandpaper among consumers, which is resulting in an increase in its adoption across different applications.
- Continuous innovation by manufacturers to develop new and better products that can meet the specific needs of consumers across different industries.
- Expansion of distribution channels by key players to make this product more accessible to end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Sponge Sand Paper Market Research Report
By Type
<500 Grit, 500-1000 Grit, >1000 Grit
By Application
Wood, Metal, Varnishing, Others
By Companies
Saint-Gobain, Klingspor, 3M, Mirka, Hermes, SIA, Ekamant, Nihon Kenshi, Gator, Sankyo-Rikagaku, Saint-Gobain, Keystone, Luxin High-tech, Fengmang Group, Hubei Yuli, Changzhou Kingcattle, Tung Jinn, Hubei Pagoda Abrasive, Guangdong Shunhui, Huizhou Ruifeng Abrasive, Dongguan Golden Sun, Shandong Boss Abrasive, Guangdong Little Sun
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Sponge Sand Paper Market Report Segments:
The global Sponge Sand Paper market is segmented on the basis of:
Types
<500 Grit, 500-1000 Grit, >1000 Grit
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
- 3M
- Mirka
- Hermes
- SIA
- Ekamant
- Nihon Kenshi
- Gator
- Sankyo-Rikagaku
- Saint-Gobain
- Keystone
- Luxin High-tech
- Fengmang Group
- Hubei Yuli
- Changzhou Kingcattle
- Tung Jinn
- Hubei Pagoda Abrasive
- Guangdong Shunhui
- Huizhou Ruifeng Abrasive
- Dongguan Golden Sun
- Shandong Boss Abrasive
- Guangdong Little Sun
Highlights of The Sponge Sand 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:
- <500 Grit
- 500-1000 Grit
- >1000 Grit
- 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 Sand 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
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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 sandpaper is a type of sandpaper made from sponges. It is often used to smooth surfaces.
Some of the major companies in the sponge sand paper market are Saint-Gobain, Klingspor, 3M, Mirka, Hermes, SIA, Ekamant, Nihon Kenshi, Gator, Sankyo-Rikagaku, Saint-Gobain, Keystone, Luxin High-tech, Fengmang Group, Hubei Yuli, Changzhou Kingcattle, Tung Jinn, Hubei Pagoda Abrasive, Guangdong Shunhui, Huizhou Ruifeng Abrasive, Dongguan Golden Sun, Shandong Boss Abrasive, Guangdong Little Sun.
The sponge sand paper 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 Sponge Sand 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 Sand Paper Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sponge Sand 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 Sand 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 Sand Paper Market Size & Forecast, 2018-2028 4.5.1 Sponge Sand Paper Market Size and Y-o-Y Growth 4.5.2 Sponge Sand Paper Market Absolute $ Opportunity
Chapter 5 Global Sponge Sand Paper 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 Sponge Sand Paper Market Size Forecast by Type
5.2.1 <500 Grit
5.2.2 500-1000 Grit
5.2.3 >1000 Grit
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sponge Sand Paper 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 Sponge Sand Paper 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 Sand 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 Sand 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 Sponge Sand Paper Analysis and Forecast
9.1 Introduction
9.2 North America Sponge Sand Paper 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 Sponge Sand Paper Market Size Forecast by Type
9.6.1 <500 Grit
9.6.2 500-1000 Grit
9.6.3 >1000 Grit
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 Sponge Sand Paper 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 Sponge Sand Paper Analysis and Forecast
10.1 Introduction
10.2 Europe Sponge Sand Paper 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 Sponge Sand Paper Market Size Forecast by Type
10.6.1 <500 Grit
10.6.2 500-1000 Grit
10.6.3 >1000 Grit
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 Sponge Sand Paper 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 Sponge Sand Paper Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sponge Sand Paper 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 Sponge Sand Paper Market Size Forecast by Type
11.6.1 <500 Grit
11.6.2 500-1000 Grit
11.6.3 >1000 Grit
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 Sponge Sand Paper 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 Sponge Sand Paper Analysis and Forecast
12.1 Introduction
12.2 Latin America Sponge Sand Paper 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 Sponge Sand Paper Market Size Forecast by Type
12.6.1 <500 Grit
12.6.2 500-1000 Grit
12.6.3 >1000 Grit
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 Sponge Sand Paper 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) Sponge Sand Paper Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sponge Sand Paper 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) Sponge Sand Paper Market Size Forecast by Type
13.6.1 <500 Grit
13.6.2 500-1000 Grit
13.6.3 >1000 Grit
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) Sponge Sand Paper 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 Sand Paper Market: Competitive Dashboard
14.2 Global Sponge Sand 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 3M
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 Luxin High-tech
14.3.14 Fengmang Group
14.3.15 Hubei Yuli
14.3.16 Changzhou Kingcattle
14.3.17 Tung Jinn
14.3.18 Hubei Pagoda Abrasive
14.3.19 Guangdong Shunhui
14.3.20 Huizhou Ruifeng Abrasive
14.3.21 Dongguan Golden Sun
14.3.22 Shandong Boss Abrasive
14.3.23 Guangdong Little Sun