0
2020
U.s. And Canada Abrasives Market

U.S. and Canada Abrasives Market

by Type (Bonded Abrasives, Coated Abrasives, and Super Abrasives), Application (Cutting, Sanding, Grinding, Blending, Finishing, Brushing, and Others), Industry Verticals (Automotive (Only Cars), Automotive Aftermarket Service, Construction, Oil & Gas and Petrochemicals, Aerospace, Food Processing, Pharmaceuticals, Transportation Equipment (Except Cars), Metal Fabrication, Mining, Shipyards, Cannabis, and Others), and Material (Natural Abrasives and Synthetic Abrasives): Opportunity Analysis and Industry Forecast, 2019-2026

Report Code: A06110
Pages: 185
Mar 2020 | 5750 Views
Author(s) : Amit N , Eswara P
Tables: 85
Charts: 40
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the U.s. And Canada Abrasives Market

Request Now !

The U.S. and Canada abrasives market was valued at $7.4 billion in 2018, and is expected to reach $11.9 billion by 2026, registering a CAGR of 6.2% from 2019 to 2026. An abrasive is a type of hard metal commonly used across various industries for cleaning, grinding, and polishing hard surfaces. They work by scraping the outer layers or surfaces for the removal of unwanted substances or roughness.

The presence of a large consumer base such as the aerospace industry in the U.S. is one of the major factors that boost the demand for abrasives, as abrasives are used for numerous applications such as cutting, sanding, and shaping turbine blades for aerospace engines and gas turbines. Moreover, rise in demand for abrasives from the medical and biotechnology sector drives the market growth, as it used in dentistry for grinding, polishing, and others. However, decrease in the demand for automobiles is expected to restrain the U.S. and Canada abrasives market growth.

US and Canada Abrasives Market

The U.S. and Canada abrasives market is segmented on the basis of type, application, industry vertical, material, and country. By type, the market is divided into bonded abrasives, coated abrasives, and super abrasives. Various types of application analyzed in the market include cutting, sanding, grinding, blending, finishing, brushing, and others. Based on the industry vertical, the market is classified into automotive (only cars), automotive aftermarket service, construction, oil & gas and petrochemicals, aerospace, food processing, pharmaceuticals, transportation equipment (except cars), metal fabrication, mining, shipyards, cannabis, and others. By material type, it is categorized into natural abrasives and synthetic abrasives.

The U.S. and Canada abrasives market analysis covers in-depth information of the major industry participants. Some of the major players in the U.S. and Canada abrasives market include Avery Abrasives Inc., Hermes Schleifmittel GmbH, Robert Bosch GmbH, Carborundum Universal Limited (CUMI), Compagnie de Saint-Gobain S.A., Vereinigte Schmirgel-und Maschinen-Fabriken AG (VSM), Klingspor AG, Pearl Abrasive, Stanley Black & Decker, Sait Abrasive S.p.A. (United Abrasives, Inc.), Flexovit 3M Inc, Rapid Abrasives & Accessories Inc., Extreme Abrasives, Makita Corporation (Makita Canada Inc.) Gemtex Abrasives and Günter Wendt GmbH.

Other players in the value chain of the U.S. and Canada abrasives market include Opta Minerals, Dualflex Co. Ltd., Royal Abrasives Inc., and others.

The key players are adopting numerous strategies such as product launch, partnership, and others to stay competitive in the U.S. and Canada abrasives market. For instance, Extreme Abrasives launched a new series of abrasives named Alugrind. It is used for aluminum grinding and finishing. It is a 3-inch flap discs that can be used with three different types of quick-change attachments. The new product expanded its product offerings.

In addition, VSM launched new long-term abrasive. Ilumeron for grinding and polishing applications. Ilumeron offers consistent surfaces, low tolerance, and high gloss as compared to conventional grain. This new abrasive helped VSM expand its market reach.

U.S. and Canada Abrasives Market
By Type

Your browser does not support the canvas element.

Super Abrasives is projected as the most lucrative segment.

By type, the super abrasives segment is anticipated to grow at fastest growth rate. This is attributed to increase in demand from numerous industries such as automobiles, heavy machinery, and metal fabrication, owing to its beneficial characteristics such as excellent surface finishes with higher productivity.

U.S. and Canada Abrasives Market
By Application

Your browser does not support the canvas element.

Grinding is projected as the most lucrative segment.

By application, the grinding segment has gained highest market share in 2018 and is anticipated to maintain its dominance throughout the forecast period. The advantages of abrasives in grinding application are it can cut hardened steel, it can produce smooth finishes, the time taken is less, it can maintain accuracy in each case, it requires very little pressure, and others.

U.S. and Canada Abrasives Market
By Industry Verticals

Your browser does not support the canvas element.

Aerospace is projected as the most lucrative segment.

By industry verticals, the aerospace industry is expected to grow at a fastest rate. The U.S. is one of the potential markets for aircraft components manufacturing. This is attributed to presence of a well-developed aircraft manufacturing base along with huge potential for aerospace maintenance and repair activities. In addition, advanced technological developments in a developed country such as the U.S. for the production of high-quality products such as wings and turbine is expected to surge the adoption of abrasives. Furthermore, rise in investment in the aerospace sector in the U.S. increase the demand for aerospace components manufacturing, which in turn boost the demand for abrasives.

U.S. and Canada Abrasives Market
By Material

Your browser does not support the canvas element.

Synthetic Abrasives is projected as the most lucrative segment.

By material, the synthetic abrasives segment is anticipated to grow at fastest rate. Synthetic abrasives are anticipated to register a growth rate of 6.5%, during the analysis period. This is attributed to increase in demand for fused aluminum oxide, silicon carbide abrasives, and ceramic grain abrasives.

U.S. and Canada Abrasives Market
By Country

2026
U.s. 
Canada

U.S. holds a dominant position in 2018 and would continue to maintain the lead over the forecast period.

By country, the U.S. has garnered highest market share in 2018, and anticipated to maintain its dominance throughout the analysis period. The U.S. has garnered the highest market share in terms of revenue. This is attributed to factors such as presence of key players and huge consumer bases such as aerospace and automobile.

Key Benefits for Stakeholders:

  • The report provides an in-depth analysis of the forecast along with the current and future market trends.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the industry for strategy building.
  • The qualitative data in this report aims on market dynamics, U.S. and Canada abrasives market trends, and developments.
  • A comprehensive analysis of the factors that drive and restrain the market growth is provided.
  • The U.S. and Canada abrasives market size is provided in terms of revenue.

U.S. and Canada Abrasives Market Report Highlights

Aspects Details
By Type
  • Bonded Abrasives
  • Coated Abrasives
  • Super Abrasives
By Application
  • Cutting
  • Sanding
  • Grinding
  • Blending
  • Finishing
  • Brushing
  • Others
By Industry Vertical
  • Automotive (Only Cars)
  • Automotive Aftermarket Service
  • Construction
  • Oil & Gas and Petrochemicals
  • Aerospace
  • Food Processing
  • Pharmaceuticals
  • Transportation Equipment (Except Cars)
  • Metal Fabrication
  • Mining
  • Shipyards
  • Cannabis
  • Others
By Material Type
  • Natural Abrasives
  • Synthetic Abrasives
By Country
  • U.S.
  • Canada
Key Market Players AVERY ABRASIVES INC., HERMES SCHLEIFMITTEL GmbH, ROBERT BOSCH GmbH, CARBORUNDUM UNIVERSAL LIMITED, COMPAGNIE DE SAINT-GOBAIN S.A., VEREINIGTE SCHMIRGEL UND MASCHINEN-FABRIKEN AG, THE 3M COMPANY, RAPID ABRASIVES & ACCESSORIES INC., EXTREME ABRASIVES, GÜNTER WENDT GmbH
 

Loading Table Of Content...


 
 

The U.S. and Canada abrasives market is witnessing significant growth, owing to numerous factors such as increase in adoption of abrasives from the aerospace sector and rise in demand for abrasives from the de-burring tool market. The U.S. is one of the largest suppliers for de-burring tools. There is a surge in the demand for abrasives from the U.S. aerospace industry, owing to increase in private players in the sector, rise in export of aircraft parts to developing countries such as China, Mexico, and Japan, and others. In addition, there is an increase in the demand for abrasives from the food processing industry due to increase in adoption of food equipment from the food processing industry in the U.S., owing to a rise in focus on production & operational efficiency, processing time, and others. Moreover, some of the automakers in the U.S. are reducing the capacity of manufacturing cars at plants, owing to decreased revenues and profits. This factor has somewhere negatively impacted the demand for abrasives in the automotive industry. Furthermore, the penetration of electric vehicles in the U.S. and Canada has balanced the fallen demand for abrasives in the automobile sector. However, the demand for abrasives has decreased in the automotive aftermarket service, owing to decrease in demand for automobiles in the U.S.         

 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The U.S. Abrasives market is anticipated to grow at a CAGR of 6.1%.

A. The penetration of electric vehicles in the automotive market, considerable growth of the aerospace sector are some of the factors propelling the U.S. and Canada abrasives market.

A. Potential customers of abrasives in the U.S. and Canada are deburring tool manufacturers, the aerospace sector, and others.

A. On the basis of industry verticals, the aerospace segment is anticipated to drive the market growth.

A. Application studied in the U.S. and Canada abrasives market are cutting, sanding, grinding, blending, finishing, brushing, and others.

A. 3M, Norton, Saint-Gobain, Walter Surface Technologies are some of the major key players in the U.S. and Canada Abrasives market.

A. The Canada Abrasives market is anticipated to grow at a CAGR of 7.9%.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
U.s. And Canada Abrasives Market

Start reading instantly.
This Report and over 19,614+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $2,542
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Data Pack
  • $2,824
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Single User
  • $3,950
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Five Users
  • $4,744
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Enterprise
    License/PDF

  • $7,616
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers