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New report: High demand from the precious metal sector for global rubber bonded abrasives market during 2017 - 2024

New report: High demand from the precious metal sector for global rubber bonded abrasives market during 2017 - 2024

Top market players in Rubber Bonded Abrasives Market are 3M, Abrasivos Manhattan SA, Artifex DR Lohmann GmbH & Co Kg., Atto Abrasives Ltd., Buehler, Buffalo Abrasives, Inc., Cratex Manufacturing Co., Lowton Abrasive Ltd. Among Others. Global Rubber Bonded Abrasives Market accounted for USD 1.10 billion in 2016 and is projected to grow at a CAGR of 3.2% during the forecast period of 2017 to 2024.

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Data Bridge Market Research report focused on global and regional market, major manufacturers, as well as the segment market details on different classifications and applications. The global rubber bonded abrasives market accounted for USD 1.10 billion in 2016 and is projected to grow at a CAGR of 3.2% during the forecast period of 2017 to 2024.

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Years considered for this report:

  • Historical Years: 2014-2015
  • Base Year: 2016
  • Estimated Year: 2017
  • Forecast Period: 2017–2024

Global Rubber Bonded Abrasives Market, By Application (Heavy Industries, Transportation Components, Electrical & Electronic Equipment, Medical Equipment) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Global Rubber Bonded Abrasives Market - Major Market Competitors

Some of the major players in rubber bonded abrasives market 3M, Abrasivos Manhattan SA, Artifex DR Lohmann GmbH & Co Kg., Atto Abrasives Ltd., Buehler, Buffalo Abrasives, Inc., Cratex Manufacturing Co., Lowton Abrasive Ltd., Marrose Abrasives, Pacer Industries, Inc., Pferd Inc., Saint Gobain, Schwarzhaupt GmbH & Co. Kg, Tyrolit Group, Y. Ikemura& Co. Ltd., Abtex Corporation, VSM Abrasives Corporation, Cratexand many more.

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Global Rubber Bonded Abrasives Market - Market Definition: 

Bonded abrasives are natural abrasives which are fused to form a solid in the shape of a wheel. They are usually a combination of abrasive grains, bonding material, and fillers.

Examples of Bonded abrasives are flat reinforced cutting-off wheel, depressed center reinforced cutting off wheel, depressed center reinforced grinding wheel, coolie hat for grinding, flat reinforced for grinding wheel, flat unreinforced grinding wheel, rubber bond mounted points, vitrified bond mounted points, resinoid grinding cups, and resinoid bond mounted pointsThere is a growing demand for rubber bonded abrasives inheavy industries, transportation components, electrical & electronic equipment and medical equipmentactivates, which is expected to be one of the major drivers of the market over the next seven years.

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Global Rubber Bonded Abrasives Market - Market Segmentation: 

The rubber bonded abrasives market is segmented on the basis of application into heavy industries, transportation components, electrical & electronic equipment and medical equipment.

On the basis of geography, the rubber bonded abrasives market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Major market drivers: 

  • High demand from the precious metal sector
  • Operation flexibility with rubber bonded abrasives

Market restraint:                  

  • Manufacturers to shift base due to pollution by industries
  • Machine parameter constraints

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