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市場調查報告書
商品編碼
1597461

砂輪市場 - 全球產業規模、佔有率、趨勢、機會和預測,按產品、材料類型、地區和競爭細分,2019-2029F

Abrasive Wheels Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product, By Material Type, By Region & Competition, 2019-2029F

出版日期: | 出版商: TechSci Research | 英文 180 Pages | 商品交期: 2-3個工作天內

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簡介目錄

2023 年全球砂輪市場估值為112 億美元,預計在預測期內將強勁成長,到2029 年複合年成長率為5.90%。化應用推動、建築、汽車和航太。砂輪是用於切割、研磨和拋光操作的重要工具,可提供材料加工的精度和效率。

市場概況
預測期 2025-2029
2023 年市場規模 112億美元
2029 年市場規模 157.4億美元
2024-2029 年複合年成長率 5.90%
成長最快的細分市場 氧化鋁
最大的市場 亞太

這些砂輪通常由氧化鋁、碳化矽、鑽石和立方氮化硼等磨料製成。根據應用要求,每種材料類型都具有特定的優勢,例如硬度、耐用性和耐熱性。

砂輪市場受到多種因素的影響,包括製造流程的技術進步、對高精度工具的需求不斷增加以及最終用途產業的擴張。製造商不斷創新,以提高砂輪的性能和耐用性,滿足各個工業領域不斷變化的需求。

例如,汽車產業嚴重依賴砂輪對引擎零件、齒輪和煞車片進行精密磨削和拋光。同樣,在建築領域,這些輪子對於切割和成型混凝土、瓷磚和金屬結構至關重要。

城市化和基礎設施發展等全球趨勢也在推動砂輪需求方面發揮重要作用。隨著全球建設項目的增加,對高效切削和磨削工具的需求也相應增加,從而推動了市場成長。

環境因素和監管標準日益影響砂輪的市場動態。製造商專注於開發環保產品,並在生產過程中採用永續實踐,以符合全球環境法規。

製造過程中自動化和機器人技術的採用正在改變砂輪市場。自動化系統提高了研磨和拋光操作的精度、一致性和效率,推動了對先進砂輪技術的需求。

該市場的特點是競爭激烈,注重產品差異化和創新。公司正在投資研發,引入新穎的材料和技術,提高性能和耐用性,從而獲得競爭優勢。

主要市場促進因素

不斷成長的建築和基礎設施發展

擴大製造和工業活動

砂輪技術的進步

金屬製造活動的興起

越來越多採用CNC工具機

主要市場挑戰

技術限制和材料限制

原料成本上升和供應鏈中斷

嚴格的環境和安全法規

激烈的市場競爭與價格壓力

技術顛覆和工業 4.0 整合

主要市場趨勢

超級磨料輪的興起

專注於永續發展和環保解決方案

客製化和客製化解決方案

智慧科技整合

3D 列印在車輪製造的應用

細分市場洞察

產品分析

區域洞察

目錄

第 1 章:簡介

第 2 章:研究方法

第 3 章:執行摘要

第 4 章:COVID-19 對全球砂輪市場的影響

第 5 章:全球砂輪市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品(黏結砂輪、超硬砂輪)
    • 依材料類型(氧化鋁、氧化鋯氧化鋁、碳化矽和陶瓷氧化鋁)
    • 按地區分類
    • 按公司分類(前 5 名公司、其他 - 按價值,2023 年)
  • 全球砂輪市場測繪與機會評估
    • 按產品分類
    • 依材料類型
    • 按地區分類

第 6 章:亞太地區砂輪市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按產品分類
    • 依材料類型
    • 按國家/地區
  • 亞太地區:國家分析
    • 中國
    • 印度
    • 日本
    • 印尼
    • 泰國
    • 韓國
    • 澳洲

第 7 章:歐洲與獨立國協砂輪市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按產品分類
    • 依材料類型
    • 按國家/地區
  • 歐洲與獨立國協:國家分析
    • 德國
    • 西班牙
    • 法國
    • 俄羅斯
    • 義大利
    • 英國
    • 比利時

第 8 章:北美砂輪市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按產品分類
    • 依材料類型
    • 按國家/地區
  • 北美:國家分析
    • 美國
    • 墨西哥
    • 加拿大

第 9 章:南美洲砂輪市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按產品分類
    • 依材料類型
    • 按國家/地區
  • 南美洲:國家分析
    • 巴西
    • 哥倫比亞
    • 阿根廷

第 10 章:中東和非洲砂輪市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按產品分類
    • 依材料類型
    • 按國家/地區
  • 中東和非洲:國家分析
    • 南非
    • 土耳其
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國

第 11 章:SWOT 分析

  • 力量
  • 弱點
  • 機會
  • 威脅

第 12 章:市場動態

  • 市場促進因素
  • 市場挑戰

第 13 章:市場趨勢與發展

第14章:競爭格局

  • 公司簡介(最多10家主要公司)
    • Compagnie de Saint-Gobain
    • Tyrolit - Schleifmittelwerke Swarovski AG & Co KG
    • Pferd Inc.
    • The 3M Company
    • RHODIUS Abrasives GmbH
    • Klingspor AG
    • WEILER Abrasives doo
    • Robert Bosch GmbH
    • Hermes Schleifmittel GmbH
    • Noritake Co., Limited

第 15 章:策略建議

  • 重點關注領域
    • 目標地區
    • 目標產品
    • 目標材料類型

第16章調查會社について,免責事項

簡介目錄
Product Code: 22075

Global Abrasive Wheels Market was valued at USD 11.2 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 5.90% through 2029. The global abrasive wheels market is a dynamic sector driven by diverse applications across industries such as manufacturing, construction, automotive, and aerospace. Abrasive wheels are essential tools used for cutting, grinding, and polishing operations, offering precision and efficiency in material processing.

Market Overview
Forecast Period2025-2029
Market Size 2023USD 11.2 Billion
Market Size 2029USD 15.74 Billion
CAGR 2024-20295.90%
Fastest Growing SegmentAluminum Oxide
Largest MarketAsia-Pacific

These wheels are typically made from abrasive materials such as aluminum oxide, silicon carbide, diamond, and cubic boron nitride. Each material type offers specific advantages depending on the application requirements, such as hardness, durability, and heat resistance.

The market for abrasive wheels is influenced by several factors, including technological advancements in manufacturing processes, increasing demand for high-precision tools, and the expansion of end-use industries. Manufacturers are continually innovating to enhance the performance and durability of abrasive wheels, meeting the evolving needs of various industrial sectors.

The automotive industry, for instance, relies heavily on abrasive wheels for precision grinding and polishing of engine components, gears, and brake pads. Similarly, in the construction sector, these wheels are crucial for cutting and shaping concrete, tiles, and metal structures.

Global trends such as urbanization and infrastructure development also play a significant role in driving demand for abrasive wheels. As construction projects increase worldwide, there is a corresponding rise in the need for efficient cutting and grinding tools, boosting market growth.

Environmental considerations and regulatory standards are increasingly influencing the market dynamics of abrasive wheels. Manufacturers are focusing on developing eco-friendly products and adopting sustainable practices in production processes to align with global environmental regulations.

The adoption of automation and robotics in manufacturing processes is transforming the abrasive wheels market. Automated systems offer enhanced precision, consistency, and efficiency in grinding and polishing operations, driving the demand for advanced abrasive wheel technologies.

The market is characterized by intense competition and a focus on product differentiation and innovation. Companies are investing in research and development to introduce novel materials and technologies that improve performance and durability, thereby gaining a competitive edge.

Key Market Drivers

Growing Construction and Infrastructure Development

One of the primary drivers of the Global Abrasive Wheels Market is the robust growth in construction and infrastructure development worldwide. As economies expand and urbanization accelerates, there is an increasing demand for construction materials, leading to a surge in cutting and grinding applications. Abrasive wheels, with their precision and efficiency, are indispensable tools in the construction sector for tasks such as shaping, finishing, and cutting a variety of materials, including concrete, metal, and stone.

The construction industry relies heavily on abrasive wheels for tasks such as cutting concrete slabs, shaping metal components, and polishing surfaces. The market experiences a direct correlation with construction activities, and as infrastructure projects multiply globally, the demand for abrasive wheels continues to rise. From residential buildings to large-scale infrastructure projects, abrasive wheels play a crucial role in achieving precision and quality in construction applications.

Expanding Manufacturing and Industrial Activities

The Global Abrasive Wheels Market is significantly influenced by the expansion of manufacturing and industrial activities across diverse sectors. Abrasive wheels are fundamental tools in the manufacturing process, contributing to tasks such as metal fabrication, surface preparation, and precision cutting. Industries such as automotive, aerospace, and machinery manufacturing rely on abrasive wheels for shaping and finishing components with accuracy and efficiency.

In manufacturing, the demand for abrasive wheels is driven by the need for precise machining and finishing of materials like metals and composites. These wheels are employed in operations such as grinding, deburring, and polishing, ensuring the production of high-quality components. The increasing complexity of manufacturing processes and the pursuit of tighter tolerances contribute to the growing reliance on advanced abrasive wheel technologies, boosting market expansion in tandem with industrial growth.

Advancements in Abrasive Wheel Technology

The continual evolution of abrasive wheel technology stands out as a key driver shaping the Global Abrasive Wheels Market. Manufacturers are investing in research and development to introduce innovative materials, designs, and manufacturing processes that enhance the performance, durability, and precision of abrasive wheels. Advancements include the use of new abrasives, bonding agents, and reinforcement materials to create wheels with superior cutting efficiency and extended lifespan.

Innovations in abrasive wheel technology also address environmental considerations, leading to the development of eco-friendly and sustainable wheel options. Diamond abrasive wheels, for instance, are gaining popularity for their exceptional hardness and durability, particularly in applications requiring precision cutting of hard materials. As technology continues to push the boundaries of what abrasive wheels can achieve, the market experiences a continuous influx of advanced solutions that cater to the evolving needs of end-users.

In November 2022, IIT Madras unveiled a novel technology for manufacturing advanced superabrasive tools. This breakthrough enables the creation of cutting-edge multi-point/single-layer tools, enhancing grinding efficiency by increasing material removal rates and extending tool longevity. This advancement marks a notable leap in machining technology.

Rise in Metal Fabrication Activities

The surge in metal fabrication activities, driven by the automotive, construction, and manufacturing sectors, contributes significantly to the demand for abrasive wheels. Metal fabrication encompasses processes such as cutting, welding, and shaping metal components to create finished products. Abrasive wheels play a pivotal role in metal fabrication, enabling precise cutting, grinding, and finishing of various metals, including steel, aluminum, and alloys.

The automotive industry, in particular, relies on abrasive wheels for tasks such as precision cutting of sheet metal, shaping body components, and surface finishing. As the demand for lightweight and intricately designed automotive components grows, the role of abrasive wheels in metal fabrication becomes increasingly crucial. The market benefits from the expanding metal fabrication landscape, driven by diverse industrial applications and the quest for efficiency in manufacturing processes.

In September 2023, Saint-Gobain Abrasives revealed a new collaboration with Dedeco. The partnership is aimed at advancing Dedeco's SUNBURST range of abrasives, which feature thermoplastic bonding and consist of radial bristle discs and brushes. These abrasives are intended for a range of uses, including deburring, cleaning, and polishing in various fields.

Increasing Adoption of CNC Machines

The adoption of Computer Numerical Control (CNC) machines in various industries represents a significant driver for the Global Abrasive Wheels Market. CNC machines offer precision and automation in manufacturing processes, enabling intricate and complex machining operations. Abrasive wheels, when integrated into CNC machines, enhance the efficiency and accuracy of tasks such as grinding, cutting, and polishing.

CNC machining has become a standard in industries such as aerospace, medical devices, and electronics manufacturing, where precision is paramount. Abrasive wheels, as essential components of CNC machines, contribute to achieving tight tolerances and high-quality surface finishes. The widespread adoption of CNC technology across industries fuels the demand for compatible abrasive wheels, driving market growth as manufacturing processes become increasingly automated and digitally controlled.

Key Market Challenges

Technological Constraints and Material Limitations

Despite advancements in abrasive wheel technology, the market grapples with certain technological constraints and material limitations. Abrasive wheels are designed for specific applications based on the materials they are intended to cut, grind, or polish. Challenges arise when faced with newer or exotic materials that may be harder, more heat-resistant, or chemically resistant, requiring specialized abrasive compositions.

In high-precision industries like aerospace and electronics manufacturing, where materials such as hardened alloys and composites are prevalent, the need for advanced abrasive materials becomes crucial. Developing abrasives that can effectively and efficiently handle these challenging materials poses a significant technological challenge. Manufacturers must continually invest in research and development to explore novel abrasive formulations that address evolving material requirements across industries.

As industries seek sustainable solutions, there is a growing demand for eco-friendly abrasive materials. Balancing the need for high-performance with environmental considerations presents a technological challenge that necessitates the development of abrasive wheels with reduced environmental impact without compromising on efficiency.

Rising Raw Material Costs and Supply Chain Disruptions

The Global Abrasive Wheels Market is susceptible to fluctuations in raw material costs, particularly those associated with abrasive grains, bonding agents, and reinforcement materials. Abrasive grains, such as aluminum oxide and silicon carbide, are essential components of abrasive wheels, and any volatility in their prices can impact production costs for manufacturers. The market often faces challenges associated with securing a stable supply of quality raw materials at reasonable prices.

Supply chain disruptions, whether due to geopolitical factors, natural disasters, or global events, can further exacerbate these challenges. The COVID-19 pandemic, for instance, exposed vulnerabilities in global supply chains, disrupting the production and distribution of raw materials. Such disruptions not only result in increased costs for manufacturers but also lead to delays in production and delivery, affecting the overall market dynamics.

Navigating these challenges requires manufacturers to implement robust supply chain management strategies, explore alternative sourcing options, and invest in technologies that optimize material usage, minimizing waste and costs.

Stringent Environmental and Safety Regulations

The Global Abrasive Wheels Market operates in an environment characterized by increasingly stringent environmental and safety regulations. Governments and regulatory bodies worldwide are placing greater emphasis on workplace safety and environmental sustainability, driving the need for compliance within the abrasive wheels industry. Manufacturers must adhere to regulations that govern the composition of abrasive materials, manufacturing processes, and waste disposal practices.

Addressing environmental concerns requires the development of abrasives that minimize dust generation, emissions, and the use of hazardous substances. Compliance with safety regulations involves incorporating features into abrasive wheel designs that enhance operator safety, such as effective dust extraction systems and mechanisms to reduce vibration and noise.

Meeting these regulatory requirements often involves substantial investments in research and development to create environmentally friendly and safe abrasive wheel solutions. Manufacturers must also educate end-users on proper handling, storage, and disposal practices to ensure compliance throughout the product lifecycle.

Intense Market Competition and Price Pressures

The Global Abrasive Wheels Market is characterized by intense competition among manufacturers vying for market share. The presence of numerous players, ranging from large multinational corporations to regional and local suppliers, creates a competitive landscape where price becomes a significant differentiator. Price pressures, driven by factors such as market saturation and the commoditization of certain abrasive wheel products, pose a challenge for manufacturers aiming to maintain profitability.

To stay competitive, manufacturers often face the dilemma of balancing cost-effective production with maintaining product quality. This challenge is particularly acute for standard abrasive wheel products where differentiation is limited. Innovations in product design, advanced materials, and manufacturing processes become essential for manufacturers to carve a niche in the market and command premium pricing.

The influx of low-cost alternatives from emerging markets further intensifies competition. Manufacturers must focus on value-added features, such as longer lifespan, faster cutting speeds, and enhanced safety features, to differentiate their products in a crowded marketplace.

Technological Disruptions and Industry 4.0 Integration

The ongoing wave of technological disruptions and the advent of Industry 4.0 present both opportunities and challenges for the Global Abrasive Wheels Market. Industry 4.0, characterized by the integration of digital technologies, automation, and data analytics into manufacturing processes, is transforming the way industries operate. While this presents opportunities for efficiency gains and product innovation, it also poses challenges for traditional manufacturing practices within the abrasive wheels industry.

The integration of smart technologies, sensors, and data analytics into manufacturing equipment and processes necessitates a shift toward connected and intelligent manufacturing systems. For manufacturers in the abrasive wheels sector, adapting to Industry 4.0 requires significant investments in upgrading machinery, implementing data-driven quality control measures, and training the workforce in digital skills.

The rise of additive manufacturing, commonly known as 3D printing, introduces the potential for disruptive changes in the production of certain abrasive wheel components. Traditional manufacturing methods may face competition from additive manufacturing techniques, challenging established norms within the industry.

Key Market Trends

Rise of Superabrasive Wheels

One of the prominent trends in the Global Abrasive Wheels Market is the increasing adoption of superabrasive wheels. Superabrasives, which include materials like diamond and cubic boron nitride (CBN), offer unparalleled hardness and cutting efficiency compared to traditional abrasive materials like aluminum oxide and silicon carbide. This trend is particularly evident in high-precision industries such as aerospace, automotive, and electronics manufacturing.

Superabrasive wheels are capable of cutting and grinding exceptionally hard materials, including hardened steel, ceramics, and composites. In the aerospace industry, for instance, where components are often made from advanced materials with stringent tolerances, superabrasive wheels have become indispensable for achieving precision and surface quality. The trend toward superabrasive wheels aligns with the industry's pursuit of higher efficiency, longer tool life, and superior performance in various cutting and grinding applications.

Manufacturers are investing in research and development to optimize the use of superabrasives in wheel formulations, resulting in enhanced durability, improved heat dissipation, and overall superior cutting capabilities. As the demand for precision machining grows across industries, the adoption of superabrasive wheels is expected to continue rising.

Focus on Sustainability and Eco-Friendly Solutions

Sustainability has emerged as a significant trend in the Global Abrasive Wheels Market, driven by increasing environmental awareness and regulatory pressures. Manufacturers are actively seeking eco-friendly solutions, not only to align with environmental standards but also to meet the preferences of environmentally conscious end-users. This trend is manifested in the development of abrasive wheels with reduced environmental impact across their entire lifecycle.

The industry is exploring alternative bonding agents and abrasive materials that minimize the use of hazardous substances and reduce the generation of dust and emissions during cutting and grinding operations. Additionally, there is a growing emphasis on creating abrasive wheels that are recyclable or biodegradable, addressing concerns related to waste disposal. These eco-friendly solutions contribute to a more sustainable manufacturing environment and resonate with the broader movement toward greener practices in the abrasives industry.

Manufacturers are also adopting energy-efficient manufacturing processes, incorporating sustainable packaging, and promoting responsible waste management practices. This trend reflects a holistic approach to sustainability, where every aspect of abrasive wheel production and usage is considered in the context of environmental responsibility.

Customization and Tailored Solutions

The Global Abrasive Wheels Market is witnessing a trend toward customization and the provision of tailored solutions to meet the diverse needs of end-users. Industries such as automotive, aerospace, and medical devices often require abrasive wheels with specific characteristics to address unique machining challenges. Customization includes considerations such as the type of abrasive material, wheel shape, bonding agent, and porosity, among other factors.

Customized abrasive wheels allow end-users to optimize their machining processes, achieve higher precision, and enhance overall efficiency. Manufacturers are engaging in close collaborations with end-users to understand their specific requirements and develop abrasive wheel solutions that cater to their distinct applications. This trend is particularly relevant in industries where standard abrasive wheels may not fully address the intricacies of complex machining tasks.

The customization trend extends beyond the physical attributes of abrasive wheels to encompass the development of application-specific wheels designed for tasks such as gear grinding, thread grinding, and precision surface finishing. By offering tailored solutions, manufacturers are enabling end-users to achieve optimal results, reducing downtime, and enhancing the overall productivity of their operations.

Integration of Smart Technologies

The integration of smart technologies into abrasive wheels is an emerging trend that aligns with the broader Industry 4.0 paradigm. Smart abrasive wheels leverage technologies such as sensors, connectivity, and data analytics to provide real-time insights into their performance and condition during machining operations. This trend reflects a shift toward intelligent manufacturing processes that prioritize efficiency, predictive maintenance, and data-driven decision-making.

Sensors embedded in abrasive wheels can monitor parameters such as temperature, vibration, and wear. This data is then transmitted to connected systems, allowing manufacturers to track the health of the wheels in real time. Predictive maintenance algorithms can analyze this data to anticipate potential issues and schedule maintenance proactively, minimizing downtime and optimizing tool life.

Smart abrasive wheels also contribute to quality control by providing data on machining parameters, enabling manufacturers to monitor and adjust processes for consistent and precise results. This trend is particularly relevant in industries where stringent quality standards are paramount, such as aerospace and medical device manufacturing.

In February 2024, Walter Surface Technologies launched three new technologies aimed at lengthening the life of its ceramic abrasives.The SMART RESIN technology, featured in ZIP XX and XCAVATOR XX, revitalizes ceramic grains as necessary. Additionally, the V-STRONG backing and MAX LIFE cold-curing adhesive improve the durability and extended use of the abrasives.

Adoption of 3D Printing in Wheel Manufacturing

The adoption of additive manufacturing, commonly known as 3D printing, is gaining traction in the production of abrasive wheels. This trend represents a departure from traditional manufacturing methods and introduces new possibilities for designing complex wheel geometries and structures. Additive manufacturing allows manufacturers to create intricate wheel shapes that were previously challenging or impossible to achieve with conventional processes.

The customization capabilities of 3D printing enable the production of abrasive wheels tailored to specific applications. This includes designing wheels with varying abrasive concentrations, shapes, and structures to optimize performance for different machining tasks. The flexibility of 3D printing also facilitates the incorporation of internal cooling channels, enhancing heat dissipation during high-speed machining operations.

While the adoption of 3D printing in abrasive wheel manufacturing is still in its early stages, it holds the potential to revolutionize the industry by offering unprecedented design flexibility, reduced material waste, and increased manufacturing efficiency. As technology continues to advance, manufacturers are likely to explore innovative ways to leverage additive manufacturing for the production of high-performance abrasive wheels.

Segmental Insights

Product Analysis

The global abrasive wheels market encompasses a diverse array of products designed for cutting, grinding, and polishing applications across various industries. Abrasive wheels are primarily categorized into bonded wheels and super abrasive wheels, each serving distinct purposes based on their composition and intended use.

Bonded wheels constitute a significant segment within the abrasive wheels market. These wheels are composed of abrasive grains held together by a bonding material such as resin, metal, or vitrified materials. They are widely utilized in industries ranging from manufacturing and construction to automotive and aerospace. Bonded wheels excel in tasks requiring precision cutting, grinding of metals, and surface finishing due to their ability to maintain consistent performance over extended use.

Super abrasive wheels represent another critical segment in the market, offering enhanced abrasive properties compared to bonded wheels. Typically manufactured using synthetic diamond or cubic boron nitride (CBN), these wheels are engineered to withstand high temperatures and pressures, making them suitable for grinding and shaping hard materials like ceramics, glass, and composites. Super abrasive wheels are valued for their durability, efficiency in material removal, and ability to achieve fine surface finishes, making them indispensable in advanced manufacturing processes.

The demand for abrasive wheels is driven by the growing industrialization and automation trends across the globe. Industries such as automotive, aerospace, construction, and electronics rely heavily on abrasive wheels for achieving precise machining and finishing operations. Technological advancements in materials and manufacturing processes continue to expand the application scope of abrasive wheels, further boosting market growth.

Innovation plays a pivotal role in shaping the abrasive wheels market landscape. Manufacturers are constantly introducing new materials, formulations, and designs to enhance performance, durability, and operational efficiency of abrasive wheels. This relentless pursuit of innovation is driven by the need to cater to evolving industry requirements for higher productivity, reduced downtime, and improved cost-effectiveness.

Stringent regulatory standards and increasing focus on workplace safety are influencing the design and manufacturing practices of abrasive wheels. Manufacturers are adopting advanced technologies to ensure compliance with safety regulations while maintaining high standards of product quality and performance.

Regional Insights

The global abrasive wheels market exhibits a varied landscape across different regions, each contributing uniquely to its dynamics and growth. North America, encompassing advanced economies such as the United States and Canada, plays a pivotal role in the market. The region benefits from a robust manufacturing sector, where abrasive wheels find extensive application in precision machining and industrial fabrication processes. Additionally, stringent quality standards and technological advancements drive innovation in abrasive wheel manufacturing in North America, catering to diverse industrial needs.

Europe & CIS (Commonwealth of Independent States) represent another significant region in the global abrasive wheels market. European countries, known for their strong automotive and aerospace industries, are major consumers of abrasive wheels for applications ranging from surface finishing to material cutting. The region's emphasis on sustainability and adherence to environmental regulations also influences market trends, encouraging manufacturers to develop eco-friendly abrasive wheel solutions.

Asia-Pacific emerges as a powerhouse in the abrasive wheels market, driven by rapid industrialization and infrastructure development across countries like China, India, Japan, and South Korea. The region's burgeoning manufacturing sector fuels demand for abrasive wheels in metalworking, construction, and automotive industries. Moreover, technological advancements and a growing focus on automation in manufacturing processes contribute to the increasing adoption of advanced abrasive wheel technologies in Asia-Pacific.

South America represents a growing market for abrasive wheels, supported by expanding construction activities and industrialization in countries such as Brazil, Argentina, and Chile. The region's mining sector also contributes to demand for specialized abrasive wheels used in mineral processing and extraction. Government initiatives aimed at infrastructure development further stimulate the market, creating opportunities for manufacturers to expand their footprint in South America.

In the Middle East & Africa (MEA), the abrasive wheels market is driven by infrastructure investments and the growing manufacturing sector in countries like Saudi Arabia, South Africa, and UAE. The construction boom in the region, coupled with investments in oil & gas projects, drives demand for abrasive wheels used in cutting, grinding, and surface preparation applications. Moreover, advancements in industrial technologies and increasing adoption of automation propel the market growth in MEA.

Key Market Players

  • Compagnie de Saint-Gobain
  • Tyrolit - Schleifmittelwerke Swarovski AG & Co K.G.
  • Pferd Inc.
  • The 3M Company
  • RHODIUS Abrasives GmbH
  • Klingspor AG
  • WEILER Abrasives d.o.o.
  • Robert Bosch GmbH
  • Hermes Schleifmittel GmbH
  • Noritake Co., Limited

Report Scope:

In this report, the Global Abrasive Wheels Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Abrasive Wheels Market, By Product:

  • Bonded Wheels
  • Super Abrasive Wheels

Abrasive Wheels Market, By Material Type:

  • Aluminum Oxide
  • Zirconia Alumina
  • Silicon Carbide
  • Ceramic Aluminum Oxide

Abrasive Wheels Market, By Region:

  • Asia-Pacific
    • China
    • India
    • Japan
    • Indonesia
    • Thailand
    • South Korea
    • Australia
  • Europe & CIS
    • Germany
    • Spain
    • France
    • Russia
    • Italy
    • United Kingdom
    • Belgium
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Turkey
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Abrasive Wheels Market.

Available Customizations:

Global Abrasive Wheels Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Introduction

  • 1.1. Product Overview
  • 1.2. Key Highlights of the Report
  • 1.3. Market Coverage
  • 1.4. Market Segments Covered
  • 1.5. Research Tenure Considered

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Market Overview
  • 3.2. Market Forecast
  • 3.3. Key Regions
  • 3.4. Key Segments

4. Impact of COVID-19 on Global Abrasive Wheels Market

5. Global Abrasive Wheels Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Product Market Share Analysis (Bonded Wheels, Super Abrasive Wheels)
    • 5.2.2. By Material Type Market Share Analysis (Aluminum Oxide, Zirconia Alumina, Silicon Carbide, and Ceramic Aluminum Oxide)
    • 5.2.3. By Regional Market Share Analysis
      • 5.2.3.1. Asia-Pacific Market Share Analysis
      • 5.2.3.2. Europe & CIS Market Share Analysis
      • 5.2.3.3. North America Market Share Analysis
      • 5.2.3.4. South America Market Share Analysis
      • 5.2.3.5. Middle East & Africa Market Share Analysis
    • 5.2.4. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)
  • 5.3. Global Abrasive Wheels Market Mapping & Opportunity Assessment
    • 5.3.1. By Product Market Mapping & Opportunity Assessment
    • 5.3.2. By Material Type Market Mapping & Opportunity Assessment
    • 5.3.3. By Regional Market Mapping & Opportunity Assessment

6. Asia-Pacific Abrasive Wheels Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Product Market Share Analysis
    • 6.2.2. By Material Type Market Share Analysis
    • 6.2.3. By Country Market Share Analysis
      • 6.2.3.1. China Market Share Analysis
      • 6.2.3.2. India Market Share Analysis
      • 6.2.3.3. Japan Market Share Analysis
      • 6.2.3.4. Indonesia Market Share Analysis
      • 6.2.3.5. Thailand Market Share Analysis
      • 6.2.3.6. South Korea Market Share Analysis
      • 6.2.3.7. Australia Market Share Analysis
      • 6.2.3.8. Rest of Asia-Pacific Market Share Analysis
  • 6.3. Asia-Pacific: Country Analysis
    • 6.3.1. China Abrasive Wheels Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Product Market Share Analysis
        • 6.3.1.2.2. By Material Type Market Share Analysis
    • 6.3.2. India Abrasive Wheels Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Product Market Share Analysis
        • 6.3.2.2.2. By Material Type Market Share Analysis
    • 6.3.3. Japan Abrasive Wheels Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Product Market Share Analysis
        • 6.3.3.2.2. By Material Type Market Share Analysis
    • 6.3.4. Indonesia Abrasive Wheels Market Outlook
      • 6.3.4.1. Market Size & Forecast
        • 6.3.4.1.1. By Value
      • 6.3.4.2. Market Share & Forecast
        • 6.3.4.2.1. By Product Market Share Analysis
        • 6.3.4.2.2. By Material Type Market Share Analysis
    • 6.3.5. Thailand Abrasive Wheels Market Outlook
      • 6.3.5.1. Market Size & Forecast
        • 6.3.5.1.1. By Value
      • 6.3.5.2. Market Share & Forecast
        • 6.3.5.2.1. By Product Market Share Analysis
        • 6.3.5.2.2. By Material Type Market Share Analysis
    • 6.3.6. South Korea Abrasive Wheels Market Outlook
      • 6.3.6.1. Market Size & Forecast
        • 6.3.6.1.1. By Value
      • 6.3.6.2. Market Share & Forecast
        • 6.3.6.2.1. By Product Market Share Analysis
        • 6.3.6.2.2. By Material Type Market Share Analysis
    • 6.3.7. Australia Abrasive Wheels Market Outlook
      • 6.3.7.1. Market Size & Forecast
        • 6.3.7.1.1. By Value
      • 6.3.7.2. Market Share & Forecast
        • 6.3.7.2.1. By Product Market Share Analysis
        • 6.3.7.2.2. By Material Type Market Share Analysis

7. Europe & CIS Abrasive Wheels Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Product Market Share Analysis
    • 7.2.2. By Material Type Market Share Analysis
    • 7.2.3. By Country Market Share Analysis
      • 7.2.3.1. Germany Market Share Analysis
      • 7.2.3.2. Spain Market Share Analysis
      • 7.2.3.3. France Market Share Analysis
      • 7.2.3.4. Russia Market Share Analysis
      • 7.2.3.5. Italy Market Share Analysis
      • 7.2.3.6. United Kingdom Market Share Analysis
      • 7.2.3.7. Belgium Market Share Analysis
      • 7.2.3.8. Rest of Europe & CIS Market Share Analysis
  • 7.3. Europe & CIS: Country Analysis
    • 7.3.1. Germany Abrasive Wheels Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Product Market Share Analysis
        • 7.3.1.2.2. By Material Type Market Share Analysis
    • 7.3.2. Spain Abrasive Wheels Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Product Market Share Analysis
        • 7.3.2.2.2. By Material Type Market Share Analysis
    • 7.3.3. France Abrasive Wheels Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Product Market Share Analysis
        • 7.3.3.2.2. By Material Type Market Share Analysis
    • 7.3.4. Russia Abrasive Wheels Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Product Market Share Analysis
        • 7.3.4.2.2. By Material Type Market Share Analysis
    • 7.3.5. Italy Abrasive Wheels Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Product Market Share Analysis
        • 7.3.5.2.2. By Material Type Market Share Analysis
    • 7.3.6. United Kingdom Abrasive Wheels Market Outlook
      • 7.3.6.1. Market Size & Forecast
        • 7.3.6.1.1. By Value
      • 7.3.6.2. Market Share & Forecast
        • 7.3.6.2.1. By Product Market Share Analysis
        • 7.3.6.2.2. By Material Type Market Share Analysis
    • 7.3.7. Belgium Abrasive Wheels Market Outlook
      • 7.3.7.1. Market Size & Forecast
        • 7.3.7.1.1. By Value
      • 7.3.7.2. Market Share & Forecast
        • 7.3.7.2.1. By Product Market Share Analysis
        • 7.3.7.2.2. By Material Type Market Share Analysis

8. North America Abrasive Wheels Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Product Market Share Analysis
    • 8.2.2. By Material Type Market Share Analysis
    • 8.2.3. By Country Market Share Analysis
      • 8.2.3.1. United States Market Share Analysis
      • 8.2.3.2. Mexico Market Share Analysis
      • 8.2.3.3. Canada Market Share Analysis
  • 8.3. North America: Country Analysis
    • 8.3.1. United States Abrasive Wheels Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Product Market Share Analysis
        • 8.3.1.2.2. By Material Type Market Share Analysis
    • 8.3.2. Mexico Abrasive Wheels Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Product Market Share Analysis
        • 8.3.2.2.2. By Material Type Market Share Analysis
    • 8.3.3. Canada Abrasive Wheels Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Product Market Share Analysis
        • 8.3.3.2.2. By Material Type Market Share Analysis

9. South America Abrasive Wheels Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Product Market Share Analysis
    • 9.2.2. By Material Type Market Share Analysis
    • 9.2.3. By Country Market Share Analysis
      • 9.2.3.1. Brazil Market Share Analysis
      • 9.2.3.2. Argentina Market Share Analysis
      • 9.2.3.3. Colombia Market Share Analysis
      • 9.2.3.4. Rest of South America Market Share Analysis
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Abrasive Wheels Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Product Market Share Analysis
        • 9.3.1.2.2. By Material Type Market Share Analysis
    • 9.3.2. Colombia Abrasive Wheels Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Product Market Share Analysis
        • 9.3.2.2.2. By Material Type Market Share Analysis
    • 9.3.3. Argentina Abrasive Wheels Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Product Market Share Analysis
        • 9.3.3.2.2. By Material Type Market Share Analysis

10. Middle East & Africa Abrasive Wheels Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Product Market Share Analysis
    • 10.2.2. By Material Type Market Share Analysis
    • 10.2.3. By Country Market Share Analysis
      • 10.2.3.1. South Africa Market Share Analysis
      • 10.2.3.2. Turkey Market Share Analysis
      • 10.2.3.3. Saudi Arabia Market Share Analysis
      • 10.2.3.4. UAE Market Share Analysis
      • 10.2.3.5. Rest of Middle East & Africa Market Share Analysis
  • 10.3. Middle East & Africa: Country Analysis
    • 10.3.1. South Africa Abrasive Wheels Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Product Market Share Analysis
        • 10.3.1.2.2. By Material Type Market Share Analysis
    • 10.3.2. Turkey Abrasive Wheels Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Product Market Share Analysis
        • 10.3.2.2.2. By Material Type Market Share Analysis
    • 10.3.3. Saudi Arabia Abrasive Wheels Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Product Market Share Analysis
        • 10.3.3.2.2. By Material Type Market Share Analysis
    • 10.3.4. UAE Abrasive Wheels Market Outlook
      • 10.3.4.1. Market Size & Forecast
        • 10.3.4.1.1. By Value
      • 10.3.4.2. Market Share & Forecast
        • 10.3.4.2.1. By Product Market Share Analysis
        • 10.3.4.2.2. By Material Type Market Share Analysis

11. SWOT Analysis

  • 11.1. Strength
  • 11.2. Weakness
  • 11.3. Opportunities
  • 11.4. Threats

12. Market Dynamics

  • 12.1. Market Drivers
  • 12.2. Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

  • 14.1. Company Profiles (Up to 10 Major Companies)
    • 14.1.1. Compagnie de Saint-Gobain
      • 14.1.1.1. Company Details
      • 14.1.1.2. Key Product Offered
      • 14.1.1.3. Financials (As Per Availability)
      • 14.1.1.4. Recent Developments
      • 14.1.1.5. Key Management Personnel
    • 14.1.2. Tyrolit - Schleifmittelwerke Swarovski AG & Co K.G.
      • 14.1.2.1. Company Details
      • 14.1.2.2. Key Product Offered
      • 14.1.2.3. Financials (As Per Availability)
      • 14.1.2.4. Recent Developments
      • 14.1.2.5. Key Management Personnel
    • 14.1.3. Pferd Inc.
      • 14.1.3.1. Company Details
      • 14.1.3.2. Key Product Offered
      • 14.1.3.3. Financials (As Per Availability)
      • 14.1.3.4. Recent Developments
      • 14.1.3.5. Key Management Personnel
    • 14.1.4. The 3M Company
      • 14.1.4.1. Company Details
      • 14.1.4.2. Key Product Offered
      • 14.1.4.3. Financials (As Per Availability)
      • 14.1.4.4. Recent Developments
      • 14.1.4.5. Key Management Personnel
    • 14.1.5. RHODIUS Abrasives GmbH
      • 14.1.5.1. Company Details
      • 14.1.5.2. Key Product Offered
      • 14.1.5.3. Financials (As Per Availability)
      • 14.1.5.4. Recent Developments
      • 14.1.5.5. Key Management Personnel
    • 14.1.6. Klingspor AG
      • 14.1.6.1. Company Details
      • 14.1.6.2. Key Product Offered
      • 14.1.6.3. Financials (As Per Availability)
      • 14.1.6.4. Recent Developments
      • 14.1.6.5. Key Management Personnel
    • 14.1.7. WEILER Abrasives d.o.o.
      • 14.1.7.1. Company Details
      • 14.1.7.2. Key Product Offered
      • 14.1.7.3. Financials (As Per Availability)
      • 14.1.7.4. Recent Developments
      • 14.1.7.5. Key Management Personnel
    • 14.1.8. Robert Bosch GmbH
      • 14.1.8.1. Company Details
      • 14.1.8.2. Key Product Offered
      • 14.1.8.3. Financials (As Per Availability)
      • 14.1.8.4. Recent Developments
      • 14.1.8.5. Key Management Personnel
    • 14.1.9. Hermes Schleifmittel GmbH
      • 14.1.9.1. Company Details
      • 14.1.9.2. Key Product Offered
      • 14.1.9.3. Financials (As Per Availability)
      • 14.1.9.4. Recent Developments
      • 14.1.9.5. Key Management Personnel
    • 14.1.10. Noritake Co., Limited
      • 14.1.10.1. Company Details
      • 14.1.10.2. Key Product Offered
      • 14.1.10.3. Financials (As Per Availability)
      • 14.1.10.4. Recent Developments
      • 14.1.10.5. Key Management Personnel

15. Strategic Recommendations

  • 15.1. Key Focus Areas
    • 15.1.1. Target Regions
    • 15.1.2. Target Product
    • 15.1.3. Target Material Type

16. About Us & Disclaimer