The global Grinding Wheels market is valued at 4080 million US$ in 2018 is expected to reach 5100 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2019-2025.

Los Angeles, CA -- (SBWire) -- 02/19/2019 --A grinding wheel is a wheel composed of an abrasive compound and used for various grinding (abrasive cutting) and abrasive machining operations. Such wheels are used in grinding machines.

The wheels are generally made from a composite material consisting of coarse-particle aggregate pressed and bonded together by a cementing matrix (called the bond in grinding wheel terminology) to form a solid, circular shape. Various profiles and cross sections are available depending on the intended usage for the wheel. They may also be made from a solid steel or aluminium disc with particles bonded to the surface. Today most grinding wheels are artificial composites made with artificial aggregates, but the history of grinding wheels began with natural composite stones, such as those used for millstones.

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Geographically, the consumption market is leading by Europe, Greater China and United States. In terms of year 2017, Europe holds the largest market share, with about 1106.06 Million USD sales revenue, followed by United States, with about 12.7% market share in 2017. China will keep playing important role in Global market. APAC will be the major revenue contributor to the grinding wheel market throughout the forecast period. The rising industrial and economic development along with the growth in the number of companies planning to integrate the grinding wheel technology will drive the growth of the market in this region.

Grinding wheels find application in almost every manufacturing industry. The key users of grinding wheels are automotive, aerospace, ship building, oil and gas, and semiconductor industries. Each of the Grinding Wheels manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those Grinding Wheels manufacturers keep keen on expanding their Grinding Wheels sales. To achieve better sales businesses, Grinding Wheels manufacturers usually invest on their marketing channel infrastructure every year.

This report focuses on Grinding Wheels volume and value at global level, regional level and company level. From a global perspective, this report represents overall Grinding Wheels market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

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

Segment by Regions:

North America

Europe

China

Japan

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Segment by Type:

Resinoid Bond Grinding Wheels
Vitrified Bond Grinding Wheels
Other

Segment by Application:

Transport Industry
Construction
Bearing & Machinery
Steel Industry
Other

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