Demand for abrasives in the US is forecast to rise 3.8 percent annually through 2019 to $7.0 billion. Durable goods will remain the dominant market as well as one of the fastest growing. Market share gains for superabrasives will benefit the bonded, coated, and loose abrasives segments. Growth in metallic abrasives will lag the industry average.This study analyzes the $5.8 billion US abrasives industry. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by raw material (e.g., alumina-based materials, specialty silicas, superabrasives, silica sand, garnet), product (e.g., coated abrasives, bonded abrasives, loose abrasives grains and powders, steel wool and scouring pads) and market (e.g., durable goods manufacturing, cleaning and maintenance).The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 32 industry players, including 3M, Saint-Gobain, and TYROLIT Schleifmittelwerke.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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