Bonded Abrasives Market, Segments, Share, Growth, Trends, Demand, by 2024

Posted June 1, 2021 by chitradeo00777

Bonded Abrasives Market was valued at around USD 19.8 billion in 2018 and is expected to register a CAGR of approximately 5.8% during the forecast period, 2019–2025.

The Global Bonded Abrasives Market was valued at around USD 19.8 billion in 2018 and is expected to register a CAGR of approximately 5.8% during the forecast period, 2019–2025.

Bonded abrasives are abrasives grains and fillers bonded together through bonding materials such as vitreous, resin, rubber, shellac, epoxy, magnesite, and others. Numerous improvements in tools and machinery processes have been made with the help of new abrasive grains and bond advancements to increase the performance of bonded abrasive products. The prime role is played by the bonding agent that holds the structural abrasives in a specific array giving uniqueness to every bonded adhesive. The bond offers high-strength and thermal-resistance for grinding and cutting, or it can be weak and thermal sensitive for polishing. Each product is made to serve a specific purpose, such as giving a precise finish, cutting, rough grinding, stock removal, and others.

Moreover, they have a significant demand in the different hand-held machines like angle grinders, vertical grinders, and petrol saws for cutting and grinding purposes. Additionally, the continuous advancement in technology and using machines in the industries over human labor has increased the demand for these machines in the industrial segment. Hence, propelling the growth of the global bonded abrasives market.

Key Players

Some of the prominent players in the global bonded abrasives market are Saint-Gobain (US), 3M (US), Buffalo Abrasives Inc (US), Abrasives Manhattan, SA (Spain), Marrose Abrasives (UK), Grinding Techniques (Pty) Ltd (South Africa), SAK Abrasives Limited (India), Sia Abrasives Industries AG (Switzerland), Flexovit (US), Carborundum Universal Limited (India), Robert Bosch GmbH (Germany), NIPPON RESIBON CORPORATION (Japan), DRONCO GmbH (Germany), KWH Mirka (Finland), and Fujimi Incorporated (Japan).


The global bonded adhesive market report has been bifurcated into type, application, end-use industry, and region.

Based on type, the global bonded adhesive market has been divided into depressed center wheels, cup-shaped wheels, recessed or relieved wheels, and tapered body wheel.

Based on application, the global bonded adhesive market has been classified as precision grinding, cutting, rough grinding, fabrication, polishing, and others.

By end-use industry, the global bonded adhesive market has been segregated into automotive, marine, aerospace, construction, general metalworking, and others.


Regional Analysis

North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the region analyzed under the scope of the global bonded adhesive market.

Asia-Pacific holds the largest market share for bonded abrasives in 2018 and is expected to be the dominant region during the forecast period. This can be attributed to the rapid industrialization and booming automotive and construction industry there has been a massive demand of machinery for cutting, grinding, and polishing leading to high consumption of bonded adhesive in these industries. Hence, propelling the overall growth of bonded adhesive in the region.

Europe had the second-largest share in the global bonded adhesive market in 2018 and is expected to show positive growth during the forecast period. Europe has the largest automotive sector and needs machinery advancement for faster assembling of their products adding to the need of a significant quantity of bonded abrasives while manufacturing of their products, hence boosting the overall growth of the bonded adhesive in the regional market.

North America has a prominent market share in the global bonded adhesive market, driven by the automotive and aerospace segment. The applications of bonded abrasives in cutting, polishing, fabrication, and others it has a significant impact on the automotive and aerospace industry. According to the Aerospace Industries Association (AIA), the aerospace market was estimated at USD 865 million in 2017, which is further expected to propel the growth of bonded abrasives market in the regional market.

The Middle East and Africa are expected to witness a composed growth in the bonded abrasives market which is accounted to the growing industrialization in the region leading to the high demand for bonded abrasives in the construction and general metalworking industry.

The Latin America region is expected to have a steady growth in the bonded abrasives market during the forecast period, owing to the strong growth in the automotive and marine industry.
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Last Updated June 1, 2021