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Global Abrasives Market Outlook 2017-2026, With an Expected CAGR of 7.7% – ResearchAndMarkets.com

The “Abrasives
– Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s
offering.

According to the publisher, the Global Abrasives market is accounted for
$40.50 billion in 2017 and is expected to reach $78.65 billion by 2026
growing at a CAGR of 7.7% during the forecast period.

Some of the factors that are fuelling the market are rapid expansion of
automotive production, establishments of metal fabrication industries
and huge production of electric components, increasing medical devices
market. On the other hand, restricted use of silica-based abrasives,
growing environmental concerns and high cost of raw materials used are
hampering the market.

Abrasives are otherwise called as minerals, which are used to shape work
piece on rubbing. It is a process involves roughening as in satin, matte
or beaded finishes. On the basis of types, bonded abrasives is expected
to hold the largest market value due to rise in per capita disposable
incomes and increase in demand for passenger and commercial vehicles. On
the other hand, synthetic abrasives segment of materials is expected to
remain largest market due to durability, high efficiency and physical
properties.

By Geography, Asia Pacific region has dominated the market during the
forecast period due to expansion in end-use segments and increasing
demand for high quality electronics followed by North America and Europe.

Companies Mentioned

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Abrasives Market, By Product

6 Global Abrasives Market, By Type

7 Global Abrasives Market, By Material

8 Global Abrasives Market, By End-User

9 Global Abrasives Market, By Geography

10 Key Developments

11 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/84mk8m/global_abrasives?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180619005635/en/