2013-2019 Global Coated Abrasives Market Report

June 9, 2014, iAbrasive.com report

Coated abrasives are made up of synthetic resin and natural abrasives, including aluminum oxide, silicon carbide, zirconia alumina, corundum, garnet and so on. Abrasives are attached to certain substrate materials, for instance: paper sheet, cloth, fiber and nylon film. Usually coated abrasives are made into large-diameter rolls for later process of different shapes, such as belt, disc, sheet and roll, for grinding and surface finishing.

Remaining the second largest market in abrasives products and expected to hit a new record in future growth momentum, coated abrasives are widely used in grinding, polishing and wiping off hard materials. The stable market demand for coated abrasives of welding, furniture, jewelry, auto manufacturing, casting and decoration (DIY) is expected to drive global abrasives market growth.

The high efficiency of coated abrasives has a direct influence on the increasing demand for relevant products. Due to the popularity and universal recognition of coated abrasives, cutting tools manufacturers attempt to design and develop equipments and machines to match coated abrasives application products. Besides traditional coated abrasives products, coated abrasives manufacturers will focus on new products. For example, non-woven nylon products, flexible sanding belt, polyester based abrasive products and wide sanding belt. The latest developed coated abrasives products will bring huge profits and more opportunities for development.

In terms of market shares, Asia-Pacific is the largest consuming market of global coated abrasives, which takes up nearly half of the whole. With the rapid development of Asia economy, especially China and India, the demand for coated abrasives is bound to increase. Fast growing industries like auto, machinery and assembling will accelerate Asia-Pacific coated abrasives market growth. However, other places including South America, Africa and the Middle East, only take up a small proportion of global coated abrasives market. As a result, these regions will see an increasing demand for coated abrasives product.