Coated Abrasives Market Size to Grow by USD 2.81 bn, 3M Co. and Carborundum Universal Ltd. Among Key Vendors - Technavio

2023-02-27 10:23:02 By : Ms. Ivy Zhuang

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NEW YORK , July 26, 2022 /PRNewswire/ -- The growth of the coated abrasives market will be driven by factors such as the growing demand for PSA-backed coated abrasives. The popularity of pressure-sensitive adhesives is increasing, as they offer ease of mounting sanding discs, rolls, and sheets. Cloth and paper are widely used as backing materials in coated abrasives. Vendors such as Saint-Gobain and CUMI offer coated abrasives with PSA-backing. Key applications of these products include blending welds and defects in auto body shops, removal of paint and primer in the auto refinish shops and orbital sanding for the finishing of flat stock wood components. PSA-backed coated abrasives protect from dust and moisture and provide longer disc life. 

The coated abrasives market size is estimated to grow by USD 2.81 bn from 2019 to 2024. In addition, the growth momentum of the market will accelerate at a CAGR of 4.23% during the forecast period.

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The coated abrasives market report includes information on the product launches, sustainability, and prospects of leading vendors, including 3M Co., Carborundum Universal Ltd., Compagnie de Saint-Gobain SA, Hermes Schleifmittel GmbH, Jason Industries Inc., KWH Group Ltd., Robert Bosch GmbH, Swajit Abrasives Pvt. Ltd., VSM · Vereinigte Schmirgel- und Maschinen-Fabriken AG, and WEEM Abrasives. The key offerings of some of the vendors are listed below:

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Bonded Abrasives Market by End-user and Geography - Forecast and Analysis 2022-2026

Abrasives Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025

Accelerate at a CAGR of 4.23%

APAC, Europe, North America, South America, APAC, Europe, North America, South America, APAC, Europe, North America, and South America

China, US, Japan, Brazil, India, and Germany

Leading companies, competitive strategies, consumer engagement scope

3M Co., Carborundum Universal Ltd., Compagnie de Saint-Gobain SA, Hermes Schleifmittel GmbH, Jason Industries Inc., KWH Group Ltd., Robert Bosch GmbH, Swajit Abrasives Pvt. Ltd., VSM · Vereinigte Schmirgel- und Maschinen-Fabriken AG, and WEEM Abrasives

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period

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Market Segmentation by Grain type

Market Segmentation by Backing material

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/

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