Report Code: A08148 | Pages: NA | Mar 2023 | 1117 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Super Abrasives Market
Request Now !Super abrasives are important materials used in the manufacturing industry. It manufactures different kinds of machining products. These super abrasives are generally used as a substrate to make machining products. Super abrasives are used in various forms, such as coarse particles, powders, and grits, to bind a tool. Variety of materials, such as wire dies, cubic boron nitride, and diamond, are used in the manufacturing industry as super abrasives materials. Besides the manufacturing industry, super abrasive materials are also used in other industries.
COVID-19 scenario analysis:
There are different products included in the super abrasives market. These products are used to shape the surfaces and grind materials for design. Work piece materials, wear parts, and tools are included in these product categories. Different products, such as wire dies, cubic boron nitride, and diamond, are known as super abrasive materials. Ultra precision machining of wires, such as stainless steel, nickel, aluminum, and bronze, which are non-ferrous wires is done by using wire dies. Synthetic diamond, which is a type of diamond, is also used as super abrasive materials.Â
Diamond is the hardest mineral amongst all minerals. It is a form of carbon. Diamond can be used in a variety of applications such as high precision grinding equipment, car body work, grinding wheels, and for cutting of stones & concrete. Along with industrial applications, diamond is also used in jewelry application. Diamond has cubic crystalline structure and can be used in a variety of applications. Therefore, the demand for diamond as a super abrasive material is expected to rise during the forecast period. Chemical vapor deposition (CVD) and high pressure high temperature (HPHT) are processes that are used to manufacture synthetic diamond. The wear rate of super abrasive material is very low and the requirement of wheel change is also less compared to conventional abrasives. This could be the important driving factor for the growth of the super abrasives market. Â Â
The number of manufacturing industries in countries from the Asia-Pacific region, such as India and China, are increasing rapidly. Proper finishing of the manufactured component is a crucial process for which grinding is required. Super abrasives are widely used in the grinding wheel. Therefore, the Asia-Pacific region is considered as an important region for the growth of the super abrasives market. Â
Manufacturing companies are increasing in different countries across the world. Super abrasives are very important for the manufacturing sector as these are used for various applications. This could be the key driving factor for the growth of the super abrasives market. Furthermore, the use of diamond as an abrasive material in manufacturing of grinding wheel provides additional advantage as diamond is a very strong mineral. Therefore, grinding wheels also become strong and the chances of wear of wheel get reduced. This is expected to increase the use of diamond as a super abrasive material during the forecast period.
The cost of diamond is high compared to other materials. When the diamond is used as super abrasive in the manufacturing of the grinding wheel, the cost of the wheel also increases. Therefore, many manufacturers prefer conventional abrasives. This could restrain the growth of the super abrasive market. Â Â
Key benefits of the report:
Super Abrasives Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights
Aspects | Details |
---|---|
By Product Type |
|
By Application |
|
By End-Use industry |
|
By Region |
|
Key Market Players | Element Six (UK) Limited, Henan Huanghe Whirlwind Co., Ltd., ILJIN DIAMOND CO., LTD, Saint-Gobain S.A., SHOWA DENKO K.K., Hyperion Materials & Technologies, Zhengzhou ZZDM SUPERABRASIVES CO., LTD., Asahi Diamond Industrial Co., Ltd., 3M Company |
Loading Table Of Content...
Start reading.
This Report and over 19,603+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers