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The grinding wheel market is forecasted to grow by USD 5.01 billion during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the grinding wheel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by constant demand from oil and gas industries, growing aerospace and defense industries in developing economies, and rising demand for fabricated metal products.
The grinding wheel market is segmented as below:
By Type
- Straight wheels
- Cylindrical wheels
- Diamond wheels
- Others
By Material
- Artificial abrasives
- Natural abrasives
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the grinding wheel market covers the following areas:
- Grinding wheel market sizing
- Grinding wheel market forecast
- Grinding wheel market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Material
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global grinding wheel market: 3M Co., Andre Abrasive Articles, ATLANTIC GmbH, AWUKO Abrasives Wandmacher GmbH & Co. KG, Camel Grinding Wheels Works Sarid Ltd., Compagnie de Saint Gobain, DEERFOS Co. Ltd., DK Holdings Ltd., DSA Products Ltd., Ekamant, KLINGSPOR Abrasives Inc., Koki Holdings Co Ltd, KOVAX, Murugappa Group, NORITAKE Co. Ltd., Robert Bosch GmbH, SHIN-EI Grinding Wheels MFG. Co. Ltd.‚ , Thai GCI Resitop Co. Ltd., Tyrolit KG, and Wendt India Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is application of artificial intelligence and system integration."
According to the report, one of the major drivers for this market is the constant demand from oil and gas industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Co.
- Andre Abrasive Articles
- ATLANTIC GmbH
- AWUKO Abrasives Wandmacher GmbH & Co. KG
- Camel Grinding Wheels Works Sarid Ltd.
- Compagnie de Saint Gobain
- DEERFOS Co. Ltd.
- DK Holdings Ltd.
- DSA Products Ltd.
- Ekamant
- KLINGSPOR Abrasives Inc.
- Koki Holdings Co Ltd
- KOVAX
- Murugappa Group
- NORITAKE Co. Ltd.
- Robert Bosch GmbH
- SHIN-EI Grinding Wheels MFG. Co. Ltd.‚
- Thai GCI Resitop Co. Ltd.
- Tyrolit KG
- Wendt India Ltd.