Global Coated Abrasives Market 2015-2019 - Expected to Grow at a CAGR of 6.74%

The global coated abrasives market is expected to grow at a CAGR of 6.74% over the period 2015-2019.

Abrasives are used in applications such as grinding, abrading, and cleaning of objects to give them the required shape and finish. Coated abrasive, also referred to as a flexible abrasive, consists of a backing of cloth, paper, polyester, or vulcanized fiber; a bonding system; and an abrasive grain coating. They are used in the transportation, machinery, and metal fabrication sectors.

High per capita income and demand for consumer goods have increased the need for coated abrasives in the electronics sector in China. In addition, the rapid growth of the automobile industry in China, resulting from urbanization and the increased influence of the West, will further augment market growth.

In 2014, the automobile industry accounted for more than one-third of the volume of coated abrasives produced in China, and this trend is expected to continue during the forecast period.

We would like to recommend three great coated abrasives manufacturers that are popular with buyers: ZHEGNZHOU BOSDI ABRASIVES CO.,LTD., Zhengzhou Feilaike Abrasive Materials Co., Ltd. and Zhengzhou Yayun Abrasives Co., Ltd.