Maharashtra, India -- (SBWire) -- 02/25/2019 --Paper-Backing Abrasive Adhesive Discs Market
Summary
Paper-backing abrasive adhesive discs is a kind of paper disc sandpaper used in polishing process.
First, the paper-backing abrasive adhesive discs industry is concentrated, top 10 companies takes more than 64% share of global market. Saint-Gobain, Klingspor and 3M are the leading players in this industry which takes more than 28% of global production. Regionally, China, Europe and USA are the main production base of sand paper, with Japan also well-known for the premier quality of products.
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Second, currently, the sand paper industry has been highly mature, especially in developed countries. The growth rate of sand paper production in Europe, USA and Japan has been under 4% for the past years, while growth rate in developing countries like China has been in rapid growth. Regionally, China, Europe (Western Europe, Northern Europe and Germany), USA and Japan are the major production area of paper-backing abrasive adhesive discs.
Third, as a kind of coated abrasive, paper-backing abrasive adhesive discs can be used to polish materials. The major applications of paper-backing abrasive adhesive discs are for wood, metal, paint, wall, etc., among which wood and metal abrasive are the major use. In 2015, metal hold about 40% application share.
Fourth, the import and export business of paper-backing abrasive adhesive discs industry is frequent. USA and Europe are the main exporter of sand paper, while USA is the major importer. The products of China are well-known for the stable quality and cheap price, while products of Europe and Japan are superior in performance.
Fifth, price of different kinds of sand paper differs from each other. The price of velvet backed sandpaper is more than 15% higher than price of adhesive backed sandpaper. Since the major factors affects price changes are raw material supply and labor cost, the price of paper-backing abrasive adhesive discs would be higher due to labor cost increasing.
Sixth, the production of paper-backing abrasive adhesive discs in the coming years would be in 2%~4% of annual growth, and the major increase would be in developing countries. Additionally, as the development in India has been in fast growth for the past years, it is estimating that India would be transforming as another major producer of sand paper in the future.
The global Paper-Backing Abrasive Adhesive Discs market was 350 million US$ in 2018 and is expected to 430 million US$ by the end of 2025, growing at a CAGR of 2.9% between 2019 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Paper-Backing Abrasive Adhesive Discs in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Saint-Gobain, 3M, Klingspor, Hermes Abrasives, Mirka, SIA Abrasives (Bosch), Nihon Kenshi, Ekamant, Awuko, Gator, Sankyo-Rikagaku, Carborundum Universal, Keystone Abrasives, Kovax, Dongguan Jinyang, Sunmight, Guangdong Shunhui
By the product type, the market is primarily split into
Adhesive backed sandpaper
Velvet backed sandpaper
Others
By the end users/application, this report covers the following segments
Wood
Metal
Varnishing
Others
In this study, the years considered to estimate the market size of Paper-Backing Abrasive Adhesive Discs are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Key Benefits:
1.The research report provides a detailed analysis of the Paper-Backing Abrasive Adhesive Discs Market along with the current and future growth prospects so as to shed light on the prominent investment pockets.
2.Information regarding key growth factors, constraints, and opportunities, along with their impact analysis on the Paper-Backing Abrasive Adhesive Discs Market is provided.
3.Porter's fives forces analysis elaborates the effectiveness of buyers and suppliers operating in the market, globally and regionally.
4.The qualitative and quantitative analysis of the market from 2019 to 2025 is provided to put forth the market potential.
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Key questions answered in the report include:
What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Paper-Backing Abrasive Adhesive Discs market?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for Paper-Backing Abrasive Adhesive Discs?
What are the key outcomes of Porter's five forces analysis of the Paper-Backing Abrasive Adhesive Discs market?
Conclusion:
The report concludes with the profiles of major players in the Paper-Backing Abrasive Adhesive Discs Market. The foremost market performers are accessed on the basis of various parameters such as company overview, product portfolio, and do on., as well as the latest development trends of the Market.
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