Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Grinding Wheels Market by Type (Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, Other), By Application (Transport Industry, Construction, Bearing & Machinery, Steel Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Grinding Wheels Market by Type (Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, Other), By Application (Transport Industry, Construction, Bearing & Machinery, Steel Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156408 3300 Machinery & Equipment 377 232 Pages 4.5 (43)

Market Overview:

The global grinding wheels 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 grinding wheels from various end-use industries, such as transport, construction, bearing & machinery, steel industry and others. In terms of type, the resinoid bond grinding wheel segment is expected to witness highest growth during the forecast period. This can be attributed to its properties such as high wear resistance and toughness which make it suitable for use in various applications.

Global Grinding Wheels Industry Outlook

Product Definition:

A grinding wheel is a wheel composed of an abrasive compound and used for various grinding (abrasive cutting) operations. Such wheels are used in the manufacture of tools, dies, and other precision parts.

Resinoid Bond Grinding Wheels:

Resinoid bond grinding wheels are used for reducing the overall wheel weight and increasing the efficiency of a grinding machine. The product is manufactured using high-grade resin material, which reduces wheel weight by around 15% to 30%.

The product also increases operational efficiency owing to its superior impact resistance property. Wheel manufacturers are increasingly incorporating these products into their offerings as they help in improving machining processes while saving on energy costs and floor space required during operations.

Vitrified Bond Grinding Wheels:

Vitrified bond grinding wheels are made up of very hard wearing material and they are used in the manufacturing process of cement, ceramics, glass and metallurgical industries. These wheels have a high resistance power to heat and they also have good corrosion resistance property. The main function of these wheels is to provide extremely high wear resistance while grinding & polishing the materials.

Application Insights:

The construction industry was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. The rising population across countries such as India, China and Brazil is anticipated to boost construction activities which will subsequently drive grinding wheels demand. In addition, increasing urbanization in developing economies such as Vietnam and Indonesia coupled with strong economic growth of around 7% has resulted in increased demand for building materials leading to an increase in construction activities. This trend is projected to continue over the next few years thereby driving market growth during the forecast period.

The bearing & machinery industry accounted for a share of 15% of global revenue in 2016 on account of high usage of ceramic products that provide long life without maintenance along with low friction levels which enhance productivity further driving product adoption across this sector globally.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing demand from end-use industries such as steel, construction, automotive, and industrial machinery. China is one of the largest producers of steel in this region owing to presence of large iron ore reserves there. In addition, rapid expansion in infrastructure sector due to rising population coupled with growing foreign investments are likely to drive product demand over the next eight years.

The European market held a share of more than 20% in terms of revenue for 2017 on account Vitrified Bond Grinding Wheels Resinoid Bond Grinding Wheels Other applications) bearing & Machinery Steel industry Other) other). Increasing use across several major sectors including aerospace manufacturing equipment production defense has contributed significantly towards regional growth over past few years (see figure below).

Growth Factors:

  • Increasing demand for grinding wheels from the automotive and aerospace industries due to the growing need for precision and accuracy in machining operations.
  • Rising demand for coated grinding wheels as they offer superior performance as compared to uncoated grinding wheels, resulting in longer tool life and higher productivity.
  • Growing popularity of surface grinders owing to their ability to produce high-quality finishes on workpieces with tight tolerances.
  • Technological advancements in the manufacturing of grinding wheels that have led to the development of new types of abrasives such as diamond, CBN (cubic boron nitride), and PCD (polycrystalline diamond) that offer better performance than conventional abrasives materials like alumina oxide or silicon carbide.
  • Rapid growth in emerging markets such as China, India, Brazil, Mexico, etc., which are expected to account for a significant share of global demand over the next few years

Scope Of The Report

Report Attributes

Report Details

Report Title

Grinding Wheels Market Research Report

By Type

Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, Other

By Application

Transport Industry, Construction, Bearing & Machinery, Steel Industry, Other

By Companies

Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel (JP), Camel Grinding Wheels (Israel), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (England), Andre Abrasive, DK Holdings (UK), Elka (DE), Keihin Kogyosho Co., Ltd (JP), Northern Grinding Wheels

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Grinding Wheels Market Report Segments:

The global Grinding Wheels market is segmented on the basis of:


Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, 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.


Transport Industry, Construction, Bearing & Machinery, Steel Industry, 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:

  1. Klingspor
  2. 3M
  3. Mirka
  4. Noritake
  5. Saint-Gobain
  6. Kure Grinding Wheel (JP)
  7. Camel Grinding Wheels (Israel)
  8. Tyrolit Group
  9. SHIN-EI Grinding Wheels (JP)
  10. DSA Products (England)
  11. Andre Abrasive
  12. DK Holdings (UK)
  13. Elka (DE)
  14. Keihin Kogyosho Co., Ltd (JP)
  15. Northern Grinding Wheels

Global Grinding Wheels Market Overview

Highlights of The Grinding Wheels Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Resinoid Bond Grinding Wheels
    2. Vitrified Bond Grinding Wheels
    3. Other
  1. By Application:

    1. Transport Industry
    2. Construction
    3. Bearing & Machinery
    4. Steel Industry
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Grinding Wheels 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
  • Identifying Appropriate Advertising Appeals

Global Grinding Wheels Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Grinding wheels are used in a variety of industrial and commercial applications to reduce the size or shape of objects.

Some of the key players operating in the grinding wheels market are Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel (JP), Camel Grinding Wheels (Israel), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (England), Andre Abrasive, DK Holdings (UK), Elka (DE), Keihin Kogyosho Co., Ltd (JP), Northern Grinding Wheels.

The grinding wheels market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Grinding Wheels Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Grinding Wheels Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Grinding Wheels Market - Supply Chain
   4.5. Global Grinding Wheels Market Forecast
      4.5.1. Grinding Wheels Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Grinding Wheels Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Grinding Wheels Market Absolute $ Opportunity

5. Global Grinding Wheels Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Grinding Wheels Market Size and Volume Forecast by Type
      5.3.1. Resinoid Bond Grinding Wheels
      5.3.2. Vitrified Bond Grinding Wheels
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Grinding Wheels Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Grinding Wheels Market Size and Volume Forecast by Application
      6.3.1. Transport Industry
      6.3.2. Construction
      6.3.3. Bearing & Machinery
      6.3.4. Steel Industry
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Grinding Wheels Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Grinding Wheels Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Grinding Wheels Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Grinding Wheels Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Grinding Wheels Demand Share Forecast, 2019-2026

9. North America Grinding Wheels Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Grinding Wheels Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Grinding Wheels Market Size and Volume Forecast by Application
      9.4.1. Transport Industry
      9.4.2. Construction
      9.4.3. Bearing & Machinery
      9.4.4. Steel Industry
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Grinding Wheels Market Size and Volume Forecast by Type
      9.7.1. Resinoid Bond Grinding Wheels
      9.7.2. Vitrified Bond Grinding Wheels
      9.7.3. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Grinding Wheels Demand Share Forecast, 2019-2026

10. Latin America Grinding Wheels Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Grinding Wheels Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Grinding Wheels Market Size and Volume Forecast by Application
      10.4.1. Transport Industry
      10.4.2. Construction
      10.4.3. Bearing & Machinery
      10.4.4. Steel Industry
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Grinding Wheels Market Size and Volume Forecast by Type
      10.7.1. Resinoid Bond Grinding Wheels
      10.7.2. Vitrified Bond Grinding Wheels
      10.7.3. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Grinding Wheels Demand Share Forecast, 2019-2026

11. Europe Grinding Wheels Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Grinding Wheels Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Grinding Wheels Market Size and Volume Forecast by Application
      11.4.1. Transport Industry
      11.4.2. Construction
      11.4.3. Bearing & Machinery
      11.4.4. Steel Industry
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Grinding Wheels Market Size and Volume Forecast by Type
      11.7.1. Resinoid Bond Grinding Wheels
      11.7.2. Vitrified Bond Grinding Wheels
      11.7.3. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growh Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Grinding Wheels Demand Share, 2019-2026

12. Asia Pacific Grinding Wheels Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Grinding Wheels Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Grinding Wheels Market Size and Volume Forecast by Application
      12.4.1. Transport Industry
      12.4.2. Construction
      12.4.3. Bearing & Machinery
      12.4.4. Steel Industry
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Grinding Wheels Market Size and Volume Forecast by Type
      12.7.1. Resinoid Bond Grinding Wheels
      12.7.2. Vitrified Bond Grinding Wheels
      12.7.3. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Grinding Wheels Demand Share, 2019-2026

13. Middle East & Africa Grinding Wheels Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Grinding Wheels Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Grinding Wheels Market Size and Volume Forecast by Application
      13.4.1. Transport Industry
      13.4.2. Construction
      13.4.3. Bearing & Machinery
      13.4.4. Steel Industry
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Grinding Wheels Market Size and Volume Forecast by Type
      13.7.1. Resinoid Bond Grinding Wheels
      13.7.2. Vitrified Bond Grinding Wheels
      13.7.3. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Grinding Wheels Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Grinding Wheels Market: Market Share Analysis
   14.2. Grinding Wheels Distributors and Customers
   14.3. Grinding Wheels Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Klingspor Overview Financials Developments Strategic Outlook
      14.4.2. 3M Overview Financials Developments Strategic Outlook
      14.4.3. Mirka Overview Financials Developments Strategic Outlook
      14.4.4. Noritake Overview Financials Developments Strategic Outlook
      14.4.5. Saint-Gobain Overview Financials Developments Strategic Outlook
      14.4.6. Kure Grinding Wheel (JP) Overview Financials Developments Strategic Outlook
      14.4.7. Camel Grinding Wheels (Israel) Overview Financials Developments Strategic Outlook
      14.4.8. Tyrolit Group Overview Financials Developments Strategic Outlook
      14.4.9. SHIN-EI Grinding Wheels (JP) Overview Financials Developments Strategic Outlook
      14.4.10. DSA Products (England) Overview Financials Developments Strategic Outlook
      14.4.11. Andre Abrasive Overview Financials Developments Strategic Outlook
      14.4.12. DK Holdings (UK) Overview Financials Developments Strategic Outlook
      14.4.13. Elka (DE) Overview Financials Developments Strategic Outlook
      14.4.14. Keihin Kogyosho Co., Ltd (JP) Overview Financials Developments Strategic Outlook
      14.4.15. Northern Grinding Wheels Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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