The global metal abrasives market is experiencing growth due to several factors such as rise in demand for metal abrasives in the construction industry.

WILMINGTON, DE, UNITED STATES, January 15, 2025 /EINPresswire.com/ -- The global metal abrasives market is witnessing significant growth due to various factors such as the increasing demand in the construction industry and applications like surface preparation, cleaning, deburring, and finishing of metal surfaces.

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Allied Market Research Report Overview:-

Allied Market Research published a report titled, “Metal Abrasives Market By Material, Type (Steel and Others), By Type (Coated Abrasives, Bonded Abrasives, and Super Abrasives), By End-Use Industry (Automotive, Metalworking, Building and Constructions, Machinery and Equipment, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032.” According to the report:

- Market Valuation: The global metal abrasives market was valued at $6.2 billion in 2022 and is projected to reach $9.6 billion by 2032.

- Growth Rate: The market is anticipated to grow at a CAGR of 4.6% from 2023 to 2032.

Key Market Insights:-

Prime Growth Determinants:

- Increasing demand for energy-efficient and lightweight materials.

- Use of metal abrasives in abrasive blasting, grinding, polishing, and other processes.

Challenges such as health hazards and environmental impacts limit growth but are mitigated by opportunities in advanced manufacturing technologies like 3D printing.

Segment Analysis

By Material Type:

- Steel Segment: Dominated the market in 2022, accounting for more than four-fifths of global revenue, driven by applications in surface preparation and finishing.

- Others Segment: Expected to exhibit the highest CAGR of 5.1% from 2023 to 2032 due to growing usage of glass bead blasting and garnet abrasives in various industries.

By Type:

- Bonded Abrasives: Accounted for over two-fifths of market revenue in 2022, driven by demand in metalworking, automotive, aerospace, and construction industries.

- Super Abrasives: Expected to grow at the highest CAGR of 5.2% due to their applications in drilling and shaping components for oil and gas exploration.

By End-Use Industry:

- Metalworking Segment: Held the largest market share in 2022, attributed to its use in creating compressive stress layers on metal parts.

- Others Segment: Predicted to grow at the highest CAGR of 5.6%, supported by the rough texture of metal abrasives that enhances coating adhesion.

Regional Insights

- Asia-Pacific: Dominated the global market in 2022, contributing around two-fifths of total revenue. Factors such as extensive usage in construction, automotive, marine, and manufacturing industries drive growth in this region.

- CAGR Growth: Asia-Pacific is expected to experience the fastest growth, with a CAGR of 5.1% from 2023 to 2032, fueled by infrastructure projects requiring surface preparation and finishing.

Key Market Players

Leading players in the market include:

- Saint Gobain

- 3M Company

- Finishing Systems, Inc.

- Metaltec Steel Abrasive Co.

- W Abrasives

- Noritake Co., Ltd.

- Klingspor Abrasives, Inc.

- Camel Grinding Wheels Works Sarid Ltd

- Air Blast-Abrasives B.V.

- Ervin Industries

These companies are employing strategies such as new product launches, collaborations, expansions, joint ventures, and agreements to maintain their competitive edge and expand their market presence.

Opportunities and Challenges:-

Opportunities:

- Increasing adoption of metal abrasives in 3D printing and advanced manufacturing technologies.

Challenges:

- Health risks and environmental impacts associated with metal abrasives.

- Volatility in raw material prices.

The global metal abrasives market presents a lucrative opportunity for stakeholders, driven by technological advancements and increasing demand across various industries.

David Correa
Allied Market Research
+1 800-792-5285
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