Market Overview:
The global super abrasive market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for super abrasives from various end-use industries, such as aerospace, automotive, medical and others. In terms of type, the diamond segment is expected to lead the global super abrasive market during the forecast period. This can be attributed to its high hardness and wear resistance properties as compared to other types of super abrasives.
Product Definition:
A superabrasive is an ultra-high-performance abrasive used in grinding and machining applications. It is a synthetic mineral that has been engineered to outperform traditional abrasives, such as silicon carbide (SiC) and aluminum oxide (Al2O3). Superabrasives are available in both bonded and coated form, and can be used on a wide range of materials, including metals, composites, plastics, and ceramics.
Diamond:
Diamond is a naturally occurring solid material, it has the highest refractive index of any natural substance. Diamond is made up of carbon atoms arranged in a tetrahedron-shaped structure. The most important property exhibited by diamond is its ability to withstand extremely high temperatures without being destroyed or changed in any way. This makes it the best possible abrasive material for use with super abrasives as they are used for very high temperature applications (up to about 400°C).
Cubic Boron Nitride (CBN):
Cubic boron nitride (CBN) is a stable compound of Boron, Nitrogen and Carbon. It has properties similar to Ortho-phosphoric acid. It can be used as an abrasive or in heat treatment industry for manufacturing steel components etc.
Application Insights:
The global super abrasives market has been segmented on the basis of application into aerospace, automotive and other applications. The aerospace sector accounted for a major share in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to increasing demand from countries, such as China, Japan and India for manufacturing commercial aircraft. In addition, companies such as Airbus have started producing in-house products like turbine blades using SABnzbd which demands high precision grinding products that are available only from specialty manufacturers till date.
The automotive sector is also anticipated to witness significant growth owing to increased production of vehicles across the globe especially in emerging markets including China, India & Brazil along with some parts of Europe and North America where heavy vehicle usage has ledto an increasein road construction activities over the past few years resultingin increased demandfor grinding wheels among others materials used for tire production like polyurethane or rubber (natural).
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 high-quality products from key industries, such as aerospace and automotive. In addition, rising disposable income levels and improving economic conditions are likely to contribute toward industry growth in Asia Pacific during the same period.
North America accounted for a major share of revenue in 2017 on account of growing demand for super abrasives from UHMWPE (Ultra High Molecular Weight Polyethylene) abrasion wear applications due to its excellent cutting properties and resistance against heat generated by machining operations. Moreover, presence of stringent regulations regarding environmental protection by various regulatory bodies is also anticipated favorably impact regional product demand over the forecast period.
Growth Factors:
- Increasing demand for high-performance products from end-use industries
- Rising adoption of super abrasives in grinding, cutting, and polishing applications
- Growing investments by key players in R&D to develop innovative products
- Proliferation of online retail platforms that offer a wide range of super abrasives at competitive prices
- rising awareness about the benefits of using super abrasives over conventional grinding and cutting tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Super Abrasive Market Research Report
By Type
Diamond, Cubic Boron Nitride (CBN), Other
By Application
Aerospace, Automotive, Medical, Other
By Companies
3M, Saint Gobain, Asahi, Elephant Abrasives, Eagles Superabrasives, Saily, Sia Abrasives, Hongtuo Superhard, Kure, Luxin, 3M, Noritake, Action Superabrasive, Shanghai Z&Y, Slip Naxos, Krebs & Riedel, Heger Gmbh Excellent Diamond Tools, Dr.Kaiser, Effgen, Ehwa, Husqvarna Construction Prod
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Super Abrasive Market Report Segments:
The global Super Abrasive market is segmented on the basis of:
Types
Diamond, Cubic Boron Nitride (CBN), Other
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
Aerospace, Automotive, Medical, 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:
- 3M
- Saint Gobain
- Asahi
- Elephant Abrasives
- Eagles Superabrasives
- Saily
- Sia Abrasives
- Hongtuo Superhard
- Kure
- Luxin
- 3M
- Noritake
- Action Superabrasive
- Shanghai Z&Y
- Slip Naxos
- Krebs & Riedel
- Heger Gmbh Excellent Diamond Tools
- Dr.Kaiser
- Effgen
- Ehwa
- Husqvarna Construction Prod
Highlights of The Super Abrasive 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:
- Diamond
- Cubic Boron Nitride (CBN)
- Other
- By Application:
- Aerospace
- Automotive
- Medical
- 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 Super Abrasive 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
Super Abrasive is a type of abrasive that is used to remove material. It has a higher grit than other abrasives, which means it can remove more material in less time.
Some of the major companies in the super abrasive market are 3M, Saint Gobain, Asahi, Elephant Abrasives, Eagles Superabrasives, Saily, Sia Abrasives, Hongtuo Superhard, Kure, Luxin, 3M, Noritake, Action Superabrasive, Shanghai Z&Y, Slip Naxos, Krebs & Riedel, Heger Gmbh Excellent Diamond Tools, Dr.Kaiser, Effgen, Ehwa, Husqvarna Construction Prod.
The super abrasive 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 Super Abrasive 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 Super Abrasive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Super Abrasive 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 Super Abrasive 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 Super Abrasive Market Size & Forecast, 2020-2028
4.5.1 Super Abrasive Market Size and Y-o-Y Growth
4.5.2 Super Abrasive 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 Diamond
5.2.2 Cubic Boron Nitride (CBN)
5.2.3 Other
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 Aerospace
6.2.2 Automotive
6.2.3 Medical
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Super Abrasive 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 Super Abrasive 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 Diamond
9.6.2 Cubic Boron Nitride (CBN)
9.6.3 Other
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 Aerospace
9.10.2 Automotive
9.10.3 Medical
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 Diamond
10.6.2 Cubic Boron Nitride (CBN)
10.6.3 Other
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 Aerospace
10.10.2 Automotive
10.10.3 Medical
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 Diamond
11.6.2 Cubic Boron Nitride (CBN)
11.6.3 Other
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 Aerospace
11.10.2 Automotive
11.10.3 Medical
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 Diamond
12.6.2 Cubic Boron Nitride (CBN)
12.6.3 Other
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 Aerospace
12.10.2 Automotive
12.10.3 Medical
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 Diamond
13.6.2 Cubic Boron Nitride (CBN)
13.6.3 Other
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 Aerospace
13.10.2 Automotive
13.10.3 Medical
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 Super Abrasive Market: Competitive Dashboard
14.2 Global Super Abrasive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Saint Gobain
14.3.3 Asahi
14.3.4 Elephant Abrasives
14.3.5 Eagles Superabrasives
14.3.6 Saily
14.3.7 Sia Abrasives
14.3.8 Hongtuo Superhard
14.3.9 Kure
14.3.10 Luxin
14.3.11 3M
14.3.12 Noritake
14.3.13 Action Superabrasive
14.3.14 Shanghai Z&Y
14.3.15 Slip Naxos
14.3.16 Krebs & Riedel
14.3.17 Heger Gmbh Excellent Diamond Tools
14.3.18 Dr.Kaiser
14.3.19 Effgen
14.3.20 Ehwa
14.3.21 Husqvarna Construction Prod
