Pune, India -- (SBWIRE) -- 04/20/2018 -- Regional Analysis
Geographically, Asia-Pacific region leads the Global Bonded Abrasives Market. China being largest consumer of bonded abrasives dominates the market segment. Rapid industrialization and huge demand from automotive and construction activities is likely to drive the bonded abrasives market growth. Growing demand for precision grinding, fabrication, polishing facility and others industrial application in China, India, Thailand and Indonesia has boosted the Bonded Abrasives Market demand. The Second largest Global Bonded Abrasives Market is North America followed by Europe.
On the basis of geography, the Global Bonded Abrasives Market is segmented into Europe, Asia Pacific, North America, Europe, Middle East and Africa. Increasing market of metals such as steels and other due to urbanization countries including China, India, Japan, and South Korea, APAC region accounted for the maximum share in the Bonded Abrasives Market, additionally in all of these China led the global bonded abrasives market. Industrial applications such as cutting, grinding of tools as plumbing tools, and other tools is expected to drive the Bonded Abrasives Market in China, Japan and South Korea countries.
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After APAC region North America and Europe are presenting steady growth. Middle East and Africa are also witness positive growth due to the product's application in various industries.
Segmentation
The Global Bonded Abrasives Market is majorly segmented on the basis of types, application, end users and region. Based on types of bonded abrasives market is segmented into depressed center wheels, cup-shaped wheels, recessed or relieved, wheels, tapered body wheel. Based on application of bonded abrasives the market is segmented into precision grinding, cutting, rough grinding, fabrication, polishing, and others. Based on end user the market segmented into automobile, shipbuilding, construction, general metalworking, and others.
Intended Audience
Bonded Abrasives manufacturers
Traders and distributors of Bonded Abrasives
Production Process industries
Potential investors
Raw material suppliers
Nationalized laboratory
Global Bonded Abrasives market Key Players
Key players of the global bonded abrasives market are (Norton) Saint-Gobain Abrasives (US), 3M Manufacturing company (US), Buffalo Abrasives Inc(US), Abrasivos Manhattan SA (Spain), Marrose Abrasives (U.K), Grinding Techniques (Pty) Ltd (South Africa), SAK Abrasives Limited (India), sia Abrasives Industries AG (Switzerland), Flexovit (U.S), Carborundum Universal Limited (India) and Others.
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