Abrasive Disc Market size is estimated to be USD 5.8 Billion in 2024 and is expected to reach USD 8.9 Billion by 2033 at a CAGR of 5.2% from 2026 to 2033.
The global abrasive disc market was valued at USD 7.3 billion in 2022 and is expected to register a Compound Annual Growth Rate (CAGR) of 5.4% from 2023 to 2030. The demand for abrasive discs has surged due to their essential role in manufacturing, automotive, metalworking, and construction industries. The rise of automation and advancements in machinery and tools have significantly contributed to the market’s growth. North America dominated the market in 2022, accounting for approximately 32% of the total market share, followed by Europe, which held around 28%. These regions benefit from a well established industrial base and the increasing demand for high performance abrasive discs in precision applications.
The Asia Pacific region is expected to exhibit the highest CAGR of 6.2% during the forecast period, driven by rapid industrialization and increasing investments in manufacturing sectors in countries such as China, India, and Japan. The growing automotive and construction industries in these regions are particularly boosting the demand for abrasive discs. In terms of product type, resin bonded abrasive discs are expected to hold the largest market share due to their versatility and high durability. Emerging markets in Latin America and the Middle East & Africa are also expected to present significant opportunities for market expansion, with increasing construction and manufacturing activities in these regions.
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Saint-Gobain
Tyrolit
Pferd
3M
Rhodius
KLINGSPOR
SWATY COMET
Bosch
Hermes Schleifmittel
Noritake
CGW
DRONCO
FUJI Grinding Wheel
Abmast
MABTOOLS
Abracs
METABO
Zhuhai Elephant
WINKING
Shengsen Abrasive
BWS INDUSTRIAL
Yongtai (Zhengzhou)
Zhejiang YIDA
BONDFLEX
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Abrasive Disc Market
Ceramic Abrasive Discs
Aluminum Oxide Abrasive Discs
Silicon Carbide Abrasive Discs
Diamond Abrasive Discs
Padded Backed Abrasive Discs
Metalworking
Woodworking
Automotive Refinishing
Construction
General Manufacturing
Flexible Abrasive Discs
Rigid Abrasive Discs
Hook and Loop Abrasive Discs
Fiber Discs
Grind Metal Discs
Coarse Grit (24-60)
Medium Grit (80-120)
Fine Grit (150-220)
Very Fine Grit (240-400)
Super Fine Grit (600+)
Construction Industry
Automotive Sector
Aerospace Industry
Electronics Industry
Furniture Manufacturing
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Abrasive Disc Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Abrasive Disc Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Abrasive Disc Market, By Type
6. Global Abrasive Disc Market, By Application
7. Global Abrasive Disc Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Abrasive Disc Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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