Sanding Discs Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.1 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The global abrasive sanding discs market has experienced significant growth from 2018 to 2022, driven by rapid industrialization and increased demand in sectors such as automotive and construction. Valued at USD 17.3 billion in 2021, the market is projected to reach USD 28.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030.
Key factors contributing to this growth include the booming manufacturing and construction sectors, which rely heavily on abrasive sanding discs for surface preparation and finishing. Additionally, the automotive industry utilizes these discs extensively in refinishing processes to achieve high-quality paint and surface finishes. The metal fabrication sector also depends on abrasive sanding discs for tasks like deburring, weld blending, and surface cleaning.
Geographically, North America, particularly the United States and Canada, represents a significant market due to robust manufacturing and construction activities. Europe, with countries like Germany, the United Kingdom, and France, has seen increased adoption in automotive refinishing and metalworking applications. Rapid industrialization in Asia-Pacific countries, including China and India, is further contributing to market expansion.
Looking ahead, the market is poised for continued growth as industries emphasize quality surface finishing and preparation. Companies are expected to invest in research and development, expand product portfolios, and enhance distribution networks to capitalize on emerging opportunities.
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3M
PFERD Australia
Norton Abrasives
United Abrasives
Gemtex Abrasives
Shark Industries
Seearco
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Sanding Discs Market
Automotive
Aviation
Machinery Manufacturing
Construction
Others
Based on Types the Market is categorized into Below types that held the largest Sanding Discs market share In 2023.
Resin Fiber Discs
Flap Discs
Hook and Loop Discs
Quick Change Discs
Others
Global (United States, Global 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 Sanding Discs 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 Sanding Discs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Sanding Discs Market, By Type
6. Global Sanding Discs Market, By Application
7. Global Sanding Discs Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Sanding Discs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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