Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc., released the latest version of its report on Industrial Abrasives Market . The study reveals that the demand for Industrial Abrasives is estimated at US$49.2 billion in 2024 and projected to reach US$67 billion by 2030 at a 2024-2030 CAGR of 5.3%. Some of the factors instrumental in driving demand for Industrial Abrasives include rising demand from end-use industries, technological advancements, automation and robotics integration, focus on sustainability and customization & specialization. Among the various applications where Industrial Abrasives are used, Grinding is the largest, with an estimated 2024 share of 38.9%, the major reasons for which are its versatility and high demand for precision in industrial production. Grinding finds extensive use in metalworking, automotive (engine components & gears), aerospace (turbine blades) and machinery manufacturing and involves material removal with abrasive wheels, belts or discs for achieving...

Monday 25 Jun 2012 Hyderabad – Industry Experts, a multi industry focused market research firm, unveiled a new market research report ‘ Industrial Abrasives – A Global Market Overview ’. As per this new global report, the market for industrial abrasives is projected to touch US$ 27.5 billion in 2012 and projected to reach US$ 36 billion by 2018. Asia-Pacific is estimated to be both largest and the fastest growing market for industrial abrasives with a CAGR of 6.5% between 2008 and 2018 to account 58% of global market share by 2018. The report reviews, analyses and projects the industrial abrasives market for global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World. The regional markets further analyzed for 15 independent countries across North America – the United States, Canada and Mexico; Europe – Germany, France, Italy, the United Kingdom, Spain, Russia and Rest of Europe; Asia-Pacific – China, Japan, South Korea, India and...