“Usage of bonded abrasive materials is growing in the building industry for residential, commercial, and infrastructure projects.”
An abrasive is a material that when rubbed against a surface, produces the desired surface finish and shape. Abrasives are usually minerals that are often available in a wide range of shapes, sizes and types.
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They are usually used to clean, grind, scour, abrade or remove the solid material usually by using impact or by the rubbing action. Abrasives are mainly classified as bonded abrasives, steel abrasives, coated abrasives, rubber bonded abrasive wheel, loose abrasives grain, resin grinding wheel and raw super abrasives, among others.
The abrasives material or the abrasives product finds various applications in industries such as electrical & electronics, machinery, metal fabrication and transportation among others.
Attributes | Details |
Bonded Abrasives Market Value in 2020 | Over US$ 20 Bn |
Bonded Abrasives Market CAGR (2022-2032) | 5% |
What Factors Determine the Growth of the Bonded Abrasives Market?
“The increasing demands for advanced technology-based pieces of machinery will boost the demand for bonded abrasives market.”
The growing automobile industry is expected to boost the overall growth of the bonded abrasives market. Resin grinding wheels are widely used in giving the required surface finish as well as the desired design to the automobiles.
Bonded abrasives are natural or synthetic abrasive grains that are usually bonded into a solid form. Bonded abrasives are usually made of abrasive grains that are closely sized and moulded or pressed to produce a wide variety of products.
Resin-bonded grinding wheels are usually in the shape of a wheel. The products range of the resin bonded grinding wheels also includes the snagging wheel, mounted wheel, grinding and the cut-off wheel, cones and plugs. Resin grinding wheels are mainly used for precision grinding, cutting, rough grinding, lapping, sharpening and light grinding among others.
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What is the Segment Outlook for the Global Bonded Abrasives Market?
“The increasing use of vitrified bonded grinding wheels for de-scaling and dust removal will upkeep the overall growth of the bonded abrasives market.”
The rubber bonded abrasive wheel helps in the superfinishing of the machine shaft to achieve the required roughness. The resin grinding wheels are used in providing a smooth finish to the various tools and the pieces of machinery that are manufactured.
The rubber bonded abrasive wheel is used in the polishing as well as deburring of the boreholes on the machine blocks. Regular maintenances of the workshops further boost the overall demand for the bonded abrasives market.
Vitrified bonded grinding wheels are also widely used in the medical sector. Vitrified bonded grinding wheels are used to sharpen dental tools.
The bonded abrasives are also used for smoothening the edges of the dental tools such that it is extremely convenient for doctors to use the dental tools on patients. The bonded abrasives market segment accounts for the largest share within the global abrasives market.
What is the Regional Outlook of the Bonded Abrasives Market?
“Asia-Pacific has the largest construction market, followed by India, China, and several Southeast Asian countries. Housing for All by 2022, a programme announced by the Indian government, is likely to have a substantial influence on the residential building bonded abrasives market in India throughout the forecast period.”
North America is expected to be the largest shareholder for the bonded abrasives market. The growing demand especially in the U.S is expected to boost the growth of the global bonded abrasives market.
Europe is expected to be the next largest consumer of bonded abrasives market especially due to the growing demand, especially in Germany.
The Asia Pacific is expected to be the fastest-growing market for the bonded abrasives market mainly due to the presence of various end-use industries, especially in China and India.
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Attributes | Details |
Forecast Period | 2022-2032 |
Historical Data Available for | 2015-2020 |
Market Analysis | US$ Bn for Value |
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