Abrasive Market Report 2025 (Global Edition)

Global Abrasive Market Report 2025 Market Size Split by Raw material (Natural, Synthetic), by Product type (Coated, Bonded, Super), by End-use Industry (Automotive, Machinery, Aerospace, Metal fabrica...

Abrasive Market Report Description

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Competitive Landscape of the Abrasive market

The Abrasive market is characterized by intense competition among key players striving for market dominance. Leading companies focus on strategic initiatives, such as mergers, acquisitions, and collaborations, to enhance their product portfolios and expand their global reach.

Abrasive Industry News

September 2018 - Mirka launched two new families of abrasives with its new coating technology. The two families, Mirka Iridium and Novastar, are new paper and film-backed abrasives, which are the finest products designed for wood, automotive refinishing, and manufacturing industries, including vehicle and marin.

Source-www.mirka.com/sg/sg/top/SG-News/iridium-and-novastar-change-the-game-of-sanding/

May 2023 - Sak Abrasives Inc., a wholly owned subsidiary of Sak Industries Private Ltd acquired Jowitt & Rodgers Co located in Philadelphia, Pennsylvania, USA. Jowitt & Rodgers is a leading US based manufacturer of resin bonded grinding wheels, discs and segments.
(Source: - https://www.sakabrasives.com/sak-abrasives-acquires-jowitt-rodgers-co/ )
 

Top Companies Market Share in Abrasive Industry: (In no particular order of Rank)

• 3M
• Asahi Diamond Industrial Co. Ltd.
• Bosch Limited
• Deerfos
• CUMI
• Henkel AG & Co KGaA
• sia Abrasives Industries AG
• Saint-Gobain
• SAK ABRASIVES LIMITED
• TYROLIT Group
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, the North America Abrasive market share was 40% of the total market

According to Cognitive Market Research, the global Abrasive market size was estimated at USD 51215.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 20486.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2030, North America dominates because of its sophisticated production system, technological superiority, and wide range of uses in many sectors. This region's expanding metal fabrication, aerospace, and automotive sectors are the main drivers of the abrasive market's expansion. Super abrasives, bonded abrasives, and coated abrasives are all often utilised to meet the various demands of end-use sectors including electronics and equipment. North America's continued leadership in the abrasive industry is ensured by a strong emphasis on innovation, sustainability, and research and development, all of which highlight the region's superiority.

According to Cognitive Market Research, the global Abrasive market size was estimated at USD 51215.2 Million out of which Asia-Pacific emerges as the fastest-growing market of more than 23% of the global revenue with a market size of USD 11779.50 million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. The region's fast urbanisation, growing industrialization, and rise in manufacturing activity are all blamed for this expansion. There is a strong demand for abrasives in the automotive, industrial, and electronics sectors of the Asia-Pacific market. Super abrasives, bonded abrasives, and coated abrasives are widely used to satisfy the various demands of these industries. Because of its booming automotive industry, expanding infrastructure projects, and dynamic economic environment, the area has a sizable market share and is positioned as the abrasive market's fastest-growing centre.

The current report Scope analyzes Abrasive Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Abrasive

According to Cognitive Market Research, the global Abrasive market size was estimated at USD 51215.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 20486.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2030, North America dominates due to its advanced manufacturing infrastructure, technological prowess, and extensive applications across various industries. In this region, the abrasive market's growth is fuelled by the burgeoning automotive sector, metal fabrication, and aerospace industries. Coated abrasives, bonded abrasives, and super abrasives are widely used, catering to the diverse needs of end-use industries like machinery and electronics. North America's dominance is further underscored by a strong focus on research and development, innovation, and sustainability initiatives, ensuring its sustained leadership in the abrasive market.

• According to Cognitive Market Research, the US had a major share in the Abrasives market with a market size of USD16163.52million in 2023 and is projected to grow at a CAGR of 3.1% during the forecast period. This is majorly due to its advanced manufacturing infrastructure, and inclusivity also play key roles in sustaining market growth and demand. 
• The Canada Abrasives market had a market share of USD 2458.33million in 2023 and is projected to grow at a CAGR of 4.1% during the forecast period. This is due to the increased technological prowess in the country. 
• The Mexico Abrasives market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD 1864.23million in 2023.

Europe Abrasive Market

According to Cognitive Market Research, the global Abrasive market size was estimated at USD 51215.2 Million out of which Europe market of more than 30% of the global revenue with a market size of USD 15364.56 million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2023 to 2030. The region boasts a diverse industrial landscape, including automotive, aerospace, machinery, and metal fabrication, driving the demand for various abrasive products. Coated, bonded, and super abrasives witness extensive utilization across these sectors, contributing to the region's substantial market share. Europe's commitment to technological advancements, stringent quality standards, and a robust manufacturing sector enhances its position in the abrasive market. With ongoing infrastructure developments and a focus on sustainable manufacturing practices, Europe remains a key player, ensuring its continued influence in the global abrasive market. 

• According to Cognitive Market Research, the Germany Abrasives market size was valued at USD 3042.18million in 2023 and is projected to grow at a CAGR of 3.8% during the forecast period. This is majorly due to the growing automotive, aerospace, machinery, and metal fabrication, and inclusivity also play key roles in sustaining market growth and demand. 
• The United Kingdom Abrasives market had a market share of USD 2581.25million in 2023 and is projected to grow at a CAGR of 4.4% during the forecast period. This is due to the increased technological advancements in the country. 
• The France Abrasives market is projected to witness growth at a CAGR of 2.8% during the forecast period with a market size of USD 1413.54million in 2023.
• The Italy Abrasives market is projected to witness growth at a CAGR of 3.0% during the forecast period with a market size of USD 1321.35million in 2023.
• The Russia Abrasives market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 2381.51million in 2023.
• The Spain Abrasives market is projected to witness growth at a CAGR of 2.7% during the forecast period with a market size of USD 1259.89million in 2023.
• The Portugal Abrasives market is projected to witness growth at a CAGR of 3.4% during the forecast period with a market size of USD 322.66million in 2023.
• The Luxembourg Abrasives market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 476.30million in 2023.
• The Greece Abrasives market is projected to witness growth at a CAGR of 3.9% during the forecast period with a market size of USD 184.37million in 2023.
• The Rest of Europe Abrasives market is projected to witness growth at a CAGR of 2.3% during the forecast period with a market size of USD 2381.51million in 2023.

Asia Pacific Abrasive

According to Cognitive Market Research, the global Abrasive market size was estimated at USD 51215.2 Million out of which Asia-Pacific emerges as the fastest-growing market of more than 23% of the global revenue with a market size of USD 11779.50 million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. This growth is attributed to the region's burgeoning industrialization, rapid urbanization, and a surge in manufacturing activities. The Asia-Pacific market witnesses a robust demand for abrasives across various segments, including automotive, machinery, and electronics. Coated abrasives, bonded abrasives, and super abrasives find extensive applications, meeting the diverse needs of these industries. The region benefits from a dynamic economic landscape, increasing infrastructure projects, and a burgeoning automotive sector, contributing to its significant market share and positioning as the fastest-growing hub in the abrasive market.

• According to Cognitive Market Research, the China Abrasives market size was valued at USD 5300.77million in 2023 and is projected to grow at a CAGR of XX% during the forecast period. This is majorly due to the burgeoning industrialization, and a surge in manufacturing activities and inclusivity also play key roles in sustaining market growth and demand. 
• The India Abrasives market had a market share of USD 1413.54million in 2023 and is projected to grow at a CAGR of XX% during the forecast period. This is due to the rapid urbanization, and a surge in manufacturing activities in the country. 
• The Japan Abrasives market is projected to witness growth at a CAGR of 1625.57 during the forecast period with a market size of USD XX million in 2023.
• The South Korea Abrasives market is projected to witness growth at a CAGR of 1177.95 during the forecast period with a market size of USD XX million in 2023.
• The Australia Abrasives market is projected to witness growth at a CAGR of 612.53 during the forecast period with a market size of USD XX million in 2023.
• The South East Asia Abrasives market is projected to witness growth at a CAGR of 812.79 during the forecast period with a market size of USD XX million in 2023.
• The Rest of Asia Pacific Abrasives market is projected to witness growth at a CAGR of 836.34 during the forecast period with a market size of USD XX million in 2023.

South America Abrasive

According to Cognitive Market Research, the global Abrasive market size was estimated at USD 51215.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 2560.76 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. The region witnesses substantial demand for abrasives across diverse end-use industries such as automotive, metal fabrication, and machinery. Coated and bonded abrasives dominate the market landscape, catering to the region's manufacturing needs. Latin America's emerging economies, coupled with industrialization initiatives, contribute to the demand for abrasives. As the region focuses on infrastructure development and economic growth, the abrasive market in Latin America is anticipated to experience steady expansion. Though holding a smaller share, Latin America remains an integral part of the global abrasive market landscape.

• According to Cognitive Market Research, the Brazil Abrasives market size was valued at USD 1096.01million in 2023 and is projected to grow at a CAGR of 9.2% during the forecast period. This is majorly due to the growing economies, coupled with industrialization initiatives; contribute to the demand for abrasives, and inclusivity also play key roles in sustaining market growth and demand. 
• The Argentina Abrasives market had a market share of USD 430.21million in 2023 and is projected to grow at a CAGR of 5.4% during the forecast period. This is due to the infrastructure development and economic growth in the country. 
• The Colombia Abrasives market is projected to witness growth at a CAGR of 4.3% during the forecast period with a market size of USD 227.91million in 2023.
• The Peru Abrasives market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD 209.98million in 2023.
• The Chile Abrasives market is projected to witness growth at a CAGR of 4.8% during the forecast period with a market size of USD 184.37million in 2023.
• The Rest of Latin America Abrasives market is projected to witness growth at a CAGR of 3.6% during the forecast period with a market size of USD 412.28million in 2023.

Middle East Abrasive

According to Cognitive Market Research, the global Abrasive market size was estimated at USD 51215.2 Million out of which Middle East and Africa  market of more than 2.00% of the global revenue with a market size of USD 1024.30 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. In this region, abrasives find applications across various industries, including automotive, metal fabrication, and construction. Bonded abrasives, coated abrasives, and super abrasives are extensively used, catering to the region's manufacturing and infrastructure development needs. The demand for abrasives in the Middle East and Africa is driven by ongoing construction projects and the growing manufacturing sector. Despite holding a relatively smaller market share, this region is pivotal to the global abrasive market, with growth potential driven by industrialization efforts and economic development initiatives.

• According to Cognitive Market Research, the GCC Countries Abrasives market size was valued at USD 438.40million in 2023 and is projected to grow at a CAGR of 5.6% during the forecast period. This is majorly due to the growing industrialization efforts and economic development initiatives, and inclusivity also play key roles in sustaining market growth and demand. 
• The South Africa Abrasives market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 5.8% during the forecast period. This is due to the increased infrastructure development in the country. 
• The Egypt Abrasives market is projected to witness growth at a CAGR of 5.1% during the forecast period with a market size of USD 107.55million in 2023.
• The Turkey Abrasives market is projected to witness growth at a CAGR of 4.3% during the forecast period with a market size of USD 88.09million in 2023.
• The Nigeria Abrasives market is projected to witness growth at a CAGR of 3.9% during the forecast period with a market size of USD 107.55million in 2023.
• The Rest of MEA Abrasives market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD 120.87million in 2023.

Abrasive Market Analysis

Abrasive Market Raw material Segment Analysis

According to Cognitive Market Research, Natural abrasives represent the dominant category in the Abrasive market. Derived from naturally occurring minerals, such as quartz, emery, and garnet, natural abrasives have been historically significant in various industrial applications. Their hardness, durability, and availability make them suitable for cutting, grinding, and polishing operations. Industries like construction, metalworking, and woodworking often rely on natural abrasives for precision and efficiency. 

Synthetic abrasives emerge as the fastest-growing category in the Abrasive market. With advancements in material science and manufacturing technologies, synthetic abrasives offer tailored properties, consistent quality, and enhanced performance compared to their natural counterparts. Materials like fused alumina, silicon carbide, and cubic boron nitride fall under this category. The demand for synthetic abrasives is on the rise across industries such as automotive, electronics, and aerospace due to their precision, versatility, and ability to meet stringent manufacturing requirements. The continuous innovation and development of new synthetic abrasive materials contribute to the rapid growth of this market segment.

• Natural
• Synthetic

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Abrasive Industry. Request a Free Sample PDF!

Abrasive Market Product type Segment Analysis

According to Cognitive Market Research, Bonded abrasives establish themselves as the dominant category in the Abrasive market. These abrasives consist of abrasive grains held together by bonding materials like resin, vitrified glass, or rubber. Bonded abrasives find widespread use in applications such as grinding, cutting, and polishing across various industries. The strong bond ensures durability and precision, making bonded abrasives indispensable in metalworking, woodworking, and manufacturing processes. Their versatility, coupled with consistent performance, positions bonded abrasives as a staple choice for industrial operations, contributing significantly to their dominance in the market.

Super abrasives emerge as the fastest-growing category in the Abrasive market. This category includes advanced abrasive materials such as diamond and cubic boron nitride (CBN). Super abrasives offer exceptional hardness and wear resistance, making them ideal for precision grinding and cutting applications, especially in the automotive, aerospace, and electronics industries. The increasing demand for high-precision components and the need for superior surface finishes drive the growth of super abrasives. Technological advancements in manufacturing processes further propel the adoption of super abrasives, positioning them as the fastest-growing segment in the market.

• Coated
• Bonded
• Super

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Abrasive End-use Industry Segment Analysis

According to Cognitive Market Research, the automotive industry stands out as the dominant end-use category in the Abrasive market. Abrasives play a pivotal role in automotive manufacturing processes, contributing to the shaping, finishing, and polishing of various components. From precision grinding of engine parts to the preparation of surfaces for painting, abrasives are indispensable in achieving the desired quality and performance standards. The high demand for quality finishes and the continuous need for efficient production processes in the automotive sector establish it as the dominant end-use industry for abrasives.

The fastest-growing end-use category in the Abrasive market is the electrical and electronics equipment industry. As technology advances, there is an increasing demand for intricate and miniaturized electronic components. Abrasives play a crucial role in the fabrication and finishing of these components, ensuring precision and reliability. The growing reliance on electronic devices, coupled with the need for high-performance materials, drives the demand for abrasives in this sector. The pursuit of innovation and the constant evolution of electronic products contribute to the rapid growth of abrasives in the electrical and electronics equipment industry.

• Automotive
• Machinery
• Aerospace
• Metal fabrication
• Electrical & electronics equipment
• Others

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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