Global Coated Abrasives Market to Reach US$ 19.7 Billion by 2032, Fueled by Thriving Manufacturing Industry

According to the latest report by IMARC Group, titled “­­Coated Abrasives Market Report by Grain Type (Aluminum Oxide, Ceramic, Silicon Carbide, Alumina Zirconia, and Others), Backing Material (Fiber, Paper, Cloth, Polyester, and Others), Application (Transportation, Machinery, Metal Fabrication, Consumer Goods, and Others), and Region 2024-2032,” the global coated abrasives market size reached US$ 14.2 Billion in 2023. Coated abrasives refer to a category of abrasive products extensively employed across diverse industrial applications. These abrasives are composed of abrasive grains securely adhered onto a flexible or semi-flexible backing material, such as paper, cloth, or film. The abrasive grains can range from materials including aluminum oxide and silicon carbide, to newer synthetic options. This strategic arrangement of abrasive particles on the backing material allows for efficient cutting, grinding, polishing, and finishing operations on various surfaces. The coated abrasives are available in various shapes and sizes, catering to the specific requirements of industries such as metalworking, woodworking, automotive, aerospace, and construction. Their adaptability, precision, and ease of use make coated abrasives indispensable in achieving high-quality surface finishes and material removal, thus enhancing productivity and performance across a spectrum of manufacturing and maintenance processes.

Global Coated Abrasives Market Trends:

The burgeoning manufacturing sector's emphasis on precision and quality-driven outputs is primarily driving the global demand for coated abrasives. Besides this, various industries, such as automotive, aerospace, electronics, and construction, rely on these abrasives to achieve impeccable surface finishes during the production and refinement stages, creating a positive outlook for market growth. Moreover, the increasing adoption of automation in manufacturing processes further elevates the need for consistent and reliable abrasives, propelling the market forward. Concurrent with this, the global drive towards sustainability is fueling the use of coated abrasives in resource optimization, thereby aiding in market expansion. Additionally, the rising preference for these abrasives in environmentally conscious industries due to their extended operational life, reducing the need for frequent replacements and minimizing waste generation, is strengthening the market growth. In line with this, ongoing research and development (R&D) initiatives are introducing innovative abrasive materials and bonding technologies that enhance the overall efficiency and performance of coated abrasives, which is impelling product adoption. Furthermore, rapid urbanization, infrastructural development, and the burgeoning construction sector necessitate efficient material shaping and finishing processes, spurring the demand for high-quality abrasives. Apart from this, the expansion of the metalworking and woodworking industries, coupled with the surge in automotive production, is presenting remunerative opportunities for market expansion. Looking forward, the market value is projected to reach US$ 19.7 Billion by 2032, expanding at a CAGR of 3.6% during 2024-2032.

Market Summary:

• Based on the grain type, the market is divided into aluminum oxide, ceramic, silicon carbide, alumina zirconia, and others. Among these, aluminum oxide represented the largest segment.
• On the basis of the backing material, the market has been segregated into fiber, paper, cloth, polyester, and others. Currently, fiber accounts for the majority of the market share.
• Based on the application, the market is categorized into transportation, machinery, metal fabrication, consumer goods, and others. Presently, metal fabrication dominates the market.
• On a regional basis, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. Among these, Asia Pacific is the largest market for coated abrasives.
• The competitive landscape of the market has also been examined, with some of the key players being 3M Company, Fandeli International Corp., Gemtex Abrasives, Jiangsu Sanling Abrasive Co. Ltd., Mirka Ltd., Murugappa Group, Napoleon Abrasives S.p.a., Saint-Gobain Abrasives Inc., Sak Industries Pvt Ltd., Swajit Abrasives Pvt. Ltd., Tyrolit Group, etc.

Report Scope:

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800