Market Overview:
The global phenolic resin grinding wheel 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 phenolic resin grinding wheels from various end-use industries, such as metal, stones, and steel. In addition, the growing demand for high-performance grinding wheels is also contributing to the growth of this market.
Product Definition:
Phenolic resin grinding wheel is a kind of abrasive tool which is widely used in grinding process. It has good performance in grinding ferrous metals and non-ferrous metals. Moreover, it also has the advantages of stable structure, good heat resistance and high efficiency. Therefore, phenolic resin grinding wheel is an important tool for metal processing industry.
Al2O3 Phenolic Resin Grinding Wheel:
Al2O3 is a white crystalline powder, which has good mechanical properties and thermal stability. It can be used as an alternative to pure calcium carbonate in many applications. Al2O3 has been replacing CaCO3 in commercial phenol production on account of its lower cost and ease of use.
SiC Phenolic Resin Grinding Wheel:
A SiC grinding wheel is used to grind the solidified resin into a fine powder. The product finds application in various industries including electrical, electronics, and automotive. It is also used as an additive for polymeric materials to improve their properties such as hardness and strength.
The global market for SiC phenolic resin grinding wheel was valued at USD 31 million in 2016.
Application Insights:
The metal, stones, and steel application segment led the global phenolic resin grinding wheel market in 2017. Phenolic resins are mainly used for grinding wheels for steel making as they offer superior abrasion resistance and longer life when compared to other materials. Phenolic resins also offer good heat resistance which is a major advantage over other materials used for this purpose such as glass beads or ceramics.
Phenolic resin grinding wheels are available in various sizes to suit different requirements of the industry players including mini, medium and heavy duty products respectively. The mini-grinding wheels are suitable for sharpening tools that require frequent sharpening due to their small size while the heavy-duty products cater to those applications where durability is not an issue but performance is required owing to high abrasive content present in these products leading them being more expensive than others of its kind.
Regional Analysis:
North America phenolic resin grinding wheel market is anticipated to witness significant growth over the forecast period owing to the presence of a large number of manufacturers in this region. The U.S., in particular, is one of the largest consumers and producers of phenolic resins across this region. Increasing demand for automobiles coupled with growing aerospace & defense industry in North America will drive product demand further.
Asia Pacific was estimated as the largest regional market for phenolic resin grinding wheels and accounted for 31% share by revenue in 2017 owing to high product utilization across end-use industries such as automotive, transportation equipment, electronics, etc.
Growth Factors:
- Increasing demand for phenolic resin grinding wheel in the automotive and aerospace industries due to its superior wear resistance and thermal stability.
- Rising demand from the construction sector for phenolic resin grinding wheel as a result of increasing infrastructure development activities across the globe.
- Growing use of phenolic resin grinding wheel in metalworking applications on account of its superior machining properties.
- Increasing penetration of phenolic resin grinding wheel in emerging economies owing to rising industrialization and modernization rates in these regions.
- Technological advancements that have led to the development of new and improved types of phenolic resin grinding wheels with better performance characteristics, which is expected to boost market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Phenolic Resin Grinding Wheel Market Research Report
By Type
Al2O3 Phenolic Resin Grinding Wheel, SiC Phenolic Resin Grinding Wheel, MBD & CBN Phenolic Resin Grinding Wheel, Others
By Application
Metal, Stones, Steel, Others
By Companies
Norton (Saint Gobain), 3M (US), Kuretoishi (JP), Camel grinding wheels discs and abrasives (US), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (US), Andre Abrasive, DK Holdings (UK), Elka (DE), Thai GCI Resitop Co (TH)
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Phenolic Resin Grinding Wheel Market Report Segments:
The global Phenolic Resin Grinding Wheel market is segmented on the basis of:
Types
Al2O3 Phenolic Resin Grinding Wheel, SiC Phenolic Resin Grinding Wheel, MBD & CBN Phenolic Resin Grinding Wheel, 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
Metal, Stones, Steel, 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:
- Norton (Saint Gobain)
- 3M (US)
- Kuretoishi (JP)
- Camel grinding wheels discs and abrasives (US)
- Tyrolit Group
- SHIN-EI Grinding Wheels (JP)
- DSA Products (US)
- Andre Abrasive
- DK Holdings (UK)
- Elka (DE)
- Thai GCI Resitop Co (TH)
Highlights of The Phenolic Resin Grinding Wheel 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:
- Al2O3 Phenolic Resin Grinding Wheel
- SiC Phenolic Resin Grinding Wheel
- MBD & CBN Phenolic Resin Grinding Wheel
- Others
- By Application:
- Metal
- Stones
- Steel
- 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 Phenolic Resin Grinding Wheel 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Phenolic resin grinding wheel is a special type of grinder used to grind phenolic resins. It has a series of sharp blades that cut the resin into small pieces. This allows the resin to be easily absorbed by other materials, making it easier for them to bond together.
Some of the key players operating in the phenolic resin grinding wheel market are Norton (Saint Gobain), 3M (US), Kuretoishi (JP), Camel grinding wheels discs and abrasives (US), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (US), Andre Abrasive, DK Holdings (UK), Elka (DE), Thai GCI Resitop Co (TH).
The phenolic resin grinding wheel market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Phenolic Resin Grinding Wheel 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. Phenolic Resin Grinding Wheel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Phenolic Resin Grinding Wheel Market - Supply Chain
4.5. Global Phenolic Resin Grinding Wheel Market Forecast
4.5.1. Phenolic Resin Grinding Wheel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Phenolic Resin Grinding Wheel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Phenolic Resin Grinding Wheel Market Absolute $ Opportunity
5. Global Phenolic Resin Grinding Wheel 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. Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Type
5.3.1. Al2O3 Phenolic Resin Grinding Wheel
5.3.2. SiC Phenolic Resin Grinding Wheel
5.3.3. MBD & CBN Phenolic Resin Grinding Wheel
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Phenolic Resin Grinding Wheel 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. Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Application
6.3.1. Metal
6.3.2. Stones
6.3.3. Steel
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Phenolic Resin Grinding Wheel 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. Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel 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. Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel Demand Share Forecast, 2019-2026
9. North America Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Application
9.4.1. Metal
9.4.2. Stones
9.4.3. Steel
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Type
9.7.1. Al2O3 Phenolic Resin Grinding Wheel
9.7.2. SiC Phenolic Resin Grinding Wheel
9.7.3. MBD & CBN Phenolic Resin Grinding Wheel
9.7.4. Others
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 Phenolic Resin Grinding Wheel Demand Share Forecast, 2019-2026
10. Latin America Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Application
10.4.1. Metal
10.4.2. Stones
10.4.3. Steel
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Type
10.7.1. Al2O3 Phenolic Resin Grinding Wheel
10.7.2. SiC Phenolic Resin Grinding Wheel
10.7.3. MBD & CBN Phenolic Resin Grinding Wheel
10.7.4. Others
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 Phenolic Resin Grinding Wheel Demand Share Forecast, 2019-2026
11. Europe Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Application
11.4.1. Metal
11.4.2. Stones
11.4.3. Steel
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Type
11.7.1. Al2O3 Phenolic Resin Grinding Wheel
11.7.2. SiC Phenolic Resin Grinding Wheel
11.7.3. MBD & CBN Phenolic Resin Grinding Wheel
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth 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 Phenolic Resin Grinding Wheel Demand Share, 2019-2026
12. Asia Pacific Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Application
12.4.1. Metal
12.4.2. Stones
12.4.3. Steel
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Type
12.7.1. Al2O3 Phenolic Resin Grinding Wheel
12.7.2. SiC Phenolic Resin Grinding Wheel
12.7.3. MBD & CBN Phenolic Resin Grinding Wheel
12.7.4. Others
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 Phenolic Resin Grinding Wheel Demand Share, 2019-2026
13. Middle East & Africa Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Application
13.4.1. Metal
13.4.2. Stones
13.4.3. Steel
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Phenolic Resin Grinding Wheel Market Size and Volume Forecast by Type
13.7.1. Al2O3 Phenolic Resin Grinding Wheel
13.7.2. SiC Phenolic Resin Grinding Wheel
13.7.3. MBD & CBN Phenolic Resin Grinding Wheel
13.7.4. Others
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 Phenolic Resin Grinding Wheel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Phenolic Resin Grinding Wheel Market: Market Share Analysis
14.2. Phenolic Resin Grinding Wheel Distributors and Customers
14.3. Phenolic Resin Grinding Wheel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Norton (Saint Gobain)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. 3M (US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kuretoishi (JP)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Camel grinding wheels discs and abrasives (US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tyrolit Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SHIN-EI Grinding Wheels (JP)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DSA Products (US)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Andre Abrasive
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DK Holdings (UK)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Elka (DE)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Thai GCI Resitop Co (TH)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
