Abrasives Market

Abrasives Market - Size, Share, Outlook, and
Opportunity Analysis, 2018 – 2025
Abrasives are hard materials used for wearing/shaping the soft surfaces of the work
piece. Here, the friction between the abrasive materials when rubbed against the
work piece, is used to obtain a smooth final product. Abrasives are hard and brittle
and are found naturally or can be produced synthetically. Calcium carbonate
(calcite), diamond dust, and emery are some naturally occurring abrasives. These
abrasives are useful for processes such as polishing, grinding, sharpening, drilling,
sanding, buffing, and cutting.
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Market Dynamics
Properties such as hardness (harder than the surface to be rubbed), durability,
flexibility, and brittleness are major factors that boost demand for abrasives during
the forecast period. These properties are of utmost use in case of end-user
industries such as automotive, machinery, and metal fabrication.
However, volatile prices of raw materials required for production of abrasives like
silica sand and carbon is one of the major factors restraining growth of the market.
Moreover, low availability of natural abrasives as compared to their synthetic
substitutes and various health hazards like silicosis lung cancer and breathing
problems when exposed to silica sand (a type of abrasive) are some challenges that
are expected to hinder the market growth during the forecast period.
Market Outlook
Among material type, the synthetic segment accounts for a major market share.
Synthetic abrasives are easily available as compared to naturally occurring ones. An
alternative for emery is silicon carbide.
Although synthetic abrasives consist of certain impurities, these abrasives are
preferred against natural abrasives such as emery and corundum due to their higher
grain sizes.

Among end-use industry, automotive segment is expected to witness a major market
share over the forecast period due to the emerging technological innovations in
terms of this segment. Some innovations like Tesla, driverless tractors, etc. are
examples of emerging technologies which will continue to develop during the
forecast period owing the growing digital era.
According to Indian Brand Equity Foundation (IBEF), in 2017, Indian infrastructure
sector witnessed 91 mergers and acquisitions deals worth US$ 5.4 billion. This will
have an impact on the logistics industry of the region.
In 2016, as per the World Bank's Logistics Performance Index, India ranked 35th
among 160 countries. This is due to the growing industrialization, construction and
automation in emerging Asian economies like China and India. Since then, the Asia
Pacific abrasives market is expected to dominate the market positioning followed by
Europe and North America. Major players like Robert Bosch, Saint-Gobain and 3M
have their headquarters in Europe and North America respectively owing to the
increasing market share from these players during the forecast period.
Key Players
Key players operating in the global abrasives market include, Robert Bosch, 3M,
Saint-Gobain, Henkel, Fujimi, Asahi Diamond Industrial, and others.
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