Market Overview:
The global waterjet cutting abrasive market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for waterjet cutting technology in various end-use industries such as automotive, stone and tiles, metal processing, aerospace and defense, among others. In addition, the growing awareness about the benefits of using waterjet cutting technology over traditional methods is also propelling the growth of this market. On the basis of type, silica accounted for a major share of the global waterjet cutting abrasive market in 2017. This can be attributed to its high abrasion resistance and durability properties as compared to other types of abrasives available in this market.
Product Definition:
Waterjet Cutting Abrasive is a material that is used in the waterjet cutting process. It is a very fine powder that helps to cut through metal and other materials.
Silica:
Silica is a chemical compound of silicon and oxygen, with the formula SiO2. It is mainly used as an abrasive in waterjet cutting systems. Silica has a high rate of absorption for water and can cut through most materials including ceramics, glass, plastics and concrete with ease. The abrasive particles are made from silica sand which ranges in particle size from 0.5 to 2 microns depending on the application requirements.
Alumina:
Alumina is a type of mineral, which contains aluminum and oxygen. It occurs in crystalline form having three-dimensional framework structures. The chemical formula for alumina is Al2O3. It has high abrasive quality due to the presence of hardness and low density along with being lightweight as compared to other abrasives such as zirconia or silicon carbide.
Application Insights:
Automotive industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Factors such as rising disposable income, rapid urbanization, and increasing number of car owners are anticipated to drive the demand for waterjet cutting abrasives in this sector.
The stone and tiles segment is also estimated to witness significant growth owing to growing construction activities across several developing countries including India, China, Brazil etc. In addition, increasing investments by foreign players are expected to boost product penetration over the coming years. For instance; In 2015; Rio Tinto Group invested USD 200 million for expanding its iron ore production at Carajas Mine in Brazil which will increase steel production by around 50%. As a result of this expansion project; Waterjet Cutting Abrasive Ltd has signed an agreement with Rio Tinto Group for providing diamond discs & pads along with other products through long-term supply agreement.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Rapid industrialization coupled with increasing per capita income in these countries has resulted in a growing demand for energy-efficient technologies across numerous industries. Waterjet cutting abrasives are thus projected to witness significant growth over the coming years due to their superior characteristics as compared to other conventional abrasive techniques such as dry cut or wet machining methods.
Europe accounted for more than 20% of global waterjet cutting abrasives market share owing high consumption of metal processing industry on account of automotive production base located throughout Europe especially Germany, UK.
Growth Factors:
- Increasing demand for high precision and customized waterjet cutting abrasive products from various industrial sectors.
- Growing popularity of waterjet cutting technology among small and medium enterprises due to its low cost and easy operability.
- Rising investments by leading players in research and development activities to develop new and innovative waterjet cutting abrasive products.
- Proliferation of online shopping portals that offer a wide range of waterjet cutting abrasives at competitive prices, which is aiding the growth of this market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterjet Cutting Abrasive Market Research Report
By Type
Silica, Alumina, Garnet, Other
By Application
Automobile Industry, Stone and Tiles, Metal Processing, Aerospace and Defense, Others
By Companies
GMA Garnet, Indian Ocean Garnet Sands Company, Barton International, Opta Minerals, V.V. Mineral, Industrial Mineral Company, Indian Rare Earths Limited, Zircon Mineral Company, Trimex Sands, Dev International, GMA Garnet, Rizhao Garnet, Lianyungang Jinhong Mining, Jiangsu LM Mining
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 Waterjet Cutting Abrasive Market Report Segments:
The global Waterjet Cutting Abrasive market is segmented on the basis of:
Types
Silica, Alumina, Garnet, 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
Automobile Industry, Stone and Tiles, Metal Processing, Aerospace and Defense, 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:
- GMA Garnet
- Indian Ocean Garnet Sands Company
- Barton International
- Opta Minerals
- V.V. Mineral
- Industrial Mineral Company
- Indian Rare Earths Limited
- Zircon Mineral Company
- Trimex Sands
- Dev International
- GMA Garnet
- Rizhao Garnet
- Lianyungang Jinhong Mining
- Jiangsu LM Mining
Highlights of The Waterjet Cutting 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:
- Silica
- Alumina
- Garnet
- Other
- By Application:
- Automobile Industry
- Stone and Tiles
- Metal Processing
- Aerospace and Defense
- 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 Waterjet Cutting 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
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- 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?
Waterjet cutting is a type of abrasive machining that uses a high-velocity water jet to cut materials. The water jet creates a very fine, smooth surface on the material that can then be finished with other types of machining.
Some of the major players in the waterjet cutting abrasive market are GMA Garnet, Indian Ocean Garnet Sands Company, Barton International, Opta Minerals, V.V. Mineral, Industrial Mineral Company, Indian Rare Earths Limited, Zircon Mineral Company, Trimex Sands, Dev International, GMA Garnet, Rizhao Garnet, Lianyungang Jinhong Mining, Jiangsu LM Mining.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waterjet Cutting 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 Waterjet Cutting Abrasive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waterjet Cutting 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 Waterjet Cutting 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 Waterjet Cutting Abrasive Market Size & Forecast, 2018-2028
4.5.1 Waterjet Cutting Abrasive Market Size and Y-o-Y Growth
4.5.2 Waterjet Cutting Abrasive Market Absolute $ Opportunity
Chapter 5 Global Waterjet Cutting Abrasive 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 Waterjet Cutting Abrasive Market Size Forecast by Type
5.2.1 Silica
5.2.2 Alumina
5.2.3 Garnet
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Waterjet Cutting Abrasive 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 Waterjet Cutting Abrasive Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Stone and Tiles
6.2.3 Metal Processing
6.2.4 Aerospace and Defense
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waterjet Cutting 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 Waterjet Cutting 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 Waterjet Cutting Abrasive Analysis and Forecast
9.1 Introduction
9.2 North America Waterjet Cutting Abrasive 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 Waterjet Cutting Abrasive Market Size Forecast by Type
9.6.1 Silica
9.6.2 Alumina
9.6.3 Garnet
9.6.4 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 Waterjet Cutting Abrasive Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Stone and Tiles
9.10.3 Metal Processing
9.10.4 Aerospace and Defense
9.10.5 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 Waterjet Cutting Abrasive Analysis and Forecast
10.1 Introduction
10.2 Europe Waterjet Cutting Abrasive 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 Waterjet Cutting Abrasive Market Size Forecast by Type
10.6.1 Silica
10.6.2 Alumina
10.6.3 Garnet
10.6.4 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 Waterjet Cutting Abrasive Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Stone and Tiles
10.10.3 Metal Processing
10.10.4 Aerospace and Defense
10.10.5 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 Waterjet Cutting Abrasive Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Waterjet Cutting Abrasive 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 Waterjet Cutting Abrasive Market Size Forecast by Type
11.6.1 Silica
11.6.2 Alumina
11.6.3 Garnet
11.6.4 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 Waterjet Cutting Abrasive Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Stone and Tiles
11.10.3 Metal Processing
11.10.4 Aerospace and Defense
11.10.5 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 Waterjet Cutting Abrasive Analysis and Forecast
12.1 Introduction
12.2 Latin America Waterjet Cutting Abrasive 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 Waterjet Cutting Abrasive Market Size Forecast by Type
12.6.1 Silica
12.6.2 Alumina
12.6.3 Garnet
12.6.4 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 Waterjet Cutting Abrasive Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Stone and Tiles
12.10.3 Metal Processing
12.10.4 Aerospace and Defense
12.10.5 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) Waterjet Cutting Abrasive Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Waterjet Cutting Abrasive 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) Waterjet Cutting Abrasive Market Size Forecast by Type
13.6.1 Silica
13.6.2 Alumina
13.6.3 Garnet
13.6.4 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) Waterjet Cutting Abrasive Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Stone and Tiles
13.10.3 Metal Processing
13.10.4 Aerospace and Defense
13.10.5 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 Waterjet Cutting Abrasive Market: Competitive Dashboard
14.2 Global Waterjet Cutting Abrasive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GMA Garnet
14.3.2 Indian Ocean Garnet Sands Company
14.3.3 Barton International
14.3.4 Opta Minerals
14.3.5 V.V. Mineral
14.3.6 Industrial Mineral Company
14.3.7 Indian Rare Earths Limited
14.3.8 Zircon Mineral Company
14.3.9 Trimex Sands
14.3.10 Dev International
14.3.11 GMA Garnet
14.3.12 Rizhao Garnet
14.3.13 Lianyungang Jinhong Mining
14.3.14 Jiangsu LM Mining
