Abrasives Market Report 2025

This Abrasives market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The abrasives market size has grown strongly in recent years. It will grow from $46.55 billion in 2024 to $50.72 billion in 2025 at a compound annual growth rate (CAGR) of 9%. The growth in the historic period can be attributed to construction and infrastructure development, increased urbanization, rise in industrialization, rise in disposable income, growing demand for sustainable and eco-friendly materials.

The abrasives market size is expected to see strong growth in the next few years. It will grow to $70.15 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to increasing demand for abrasives in heavy-duty applications, growing demand for abrasives in the aerospace industry, growing demand for coated abrasives in the electronic industry, increasing focus on safety and ergonomics in abrasives equipment design, growing adoption of green building standards. Major trends in the forecast period include advancements in abrasives technology, focus on sustainability, customization and specialization, digitalization in abrasives, application in 3d printing.

The expanding electric vehicle (EV) industry is anticipated to drive the growth of the abrasives market. Electric vehicles (EVs) utilize electric motors and are charged at electric stations rather than relying on internal combustion engines. This growth, along with the increasing need to develop a vast network of EV charging stations globally, highlights the sustained rise of electric cars, which is expected to continue well into the future. Consequently, the demand for stainless steel, and the abrasives required to finish it, for the construction of numerous EV charging stations is projected to increase for years to come. Stainless steel generally requires at least one abrasive treatment before it can be effectively used, with every weld involving a degree of grinding and polishing. For example, in April 2024, the International Energy Agency, a France-based intergovernmental organization, reported that nearly 14 million electric cars were sold globally in 2023, reflecting a 35% increase from 2022. Electric vehicles accounted for about 18% of all new car sales in 2023, compared to 14% in 2022. The total number of electric cars on the road reached 40 million by the end of 2023. Thus, the rise of the EV industry is fueling the growth of the abrasives market.

The increasing demand in the aerospace sector is poised to propel the growth of the abrasives market. Aerospace, encompassing the design, development, production, and operation of aircraft, spacecraft, and related systems, relies heavily on abrasives for manufacturing, maintenance, and repair processes. Abrasives play a crucial role in ensuring safety, efficiency, and cost-effectiveness while meeting the stringent standards of precision and quality in the aerospace industry. For example, data from Cadrex in August 2023 indicates that aerospace industry revenue reached $741 billion in 2022, marking a 3% increase from 2021. The growing demand in the aerospace sector is a significant driver for the expansion of the abrasives market.

Major companies in the abrasives market are adopting a strategic partnerships approach to enhance their market presence. Strategic partnerships involve leveraging the strengths and resources of partner companies for mutual benefits and success. For instance, in October 2023, Compagnie de Saint-Gobain S. A., a France-based company involved in the production of building materials and high-performance materials, entered into a partnership with Dedeco International Inc. This collaboration allows Saint-Gobain Abrasives to sell Dedeco's sunburst range of thermoplastic-bonded abrasives, including brushes and discs with radial bristles for polishing, deburring, cleaning, and finishing metals and other materials. The aim of this partnership is to broaden the selection of abrasives offered by Saint-Gobain Abrasives to its clientele in North America. Dedeco International Inc., based in the US, specializes in the manufacturing of specialty abrasives.

Leading companies in the abrasives market are prioritizing product innovations to boost their revenue streams. These innovations involve the creation of new abrasive materials, designs, or technologies that improve the efficiency and effectiveness of cutting, grinding, or polishing tasks. For example, in January 2023, Bosch Power Tools India, a company specializing in power tools for the construction, woodworking, and metalworking sectors, introduced the GWS 800 Professional Angle Grinder. This tool is tailored for various professionals such as fabricators, electricians, plumbers, masons, and carpenters, making it a versatile choice for construction sites. The GWS 800 Professional is designed to deliver high performance while meeting the specific needs of its users.

In September 2023, Summit Brands, a US-based consumer goods company, acquired US Pumice Company for an undisclosed amount. This strategic acquisition aligns with Summit Brands' commitment to delivering environmentally friendly and efficient cleaning solutions to clients and consumers. The acquisition is expected to expand Summit Brands' product selection, providing consumers with a broader range of cleaning options. US Pumice Company, operating in the abrasives sector, adds value to Summit Brands' portfolio.

Major companies operating in the abrasives market market include Robert Bosch GmbH, Minnesota Mining and Manufacturing Company, Saint-Gobain Abrasives Inc., Fujimi Incorporated, Henkel AG & CO. KGAA, Tyrolit India Tool Pvt. Ltd., Asahi Diamond Industrial Co. Ltd., Deerfos Co. Ltd., Carborundum Universal Limited, Nippon Resibon Corporation, Krebs & Riedel Schleifscheibenfabrik GmbH & Co. KG, Abrasiflex Pty Ltd., Noritake Co. Ltd., Sankyo-Rikagaku Co. Ltd., Sia Abrasives Industries AG, Jason Incorporated, Schaffner Manufacturing Company Inc., North Industries Group Red Arrow Co. Ltd., 3M Deutschland GmbH, SAK ABRASIVES Inc., ARC Abrasives Inc., Arconic Corporation, DowDuPont Inc., Fiven ASA, Henan Huanghe Whirlwind Co. Ltd., Hermes Schleifmittel GmbH & Co. KG, Imerys S. A, Jowitt & Rodgers Co., Klingspor AG, Grindwell Norton Ltd., Luossavaara-Kiirunavaara AktiebolagMinerals AB, Mirka Ltd., Pferd Pharmaceutical Private Limited, Suhner Holding AG, Vereinigte Schmirgel- und Maschinen-Fabriken AG., Wendt (India) Limited, WINOA IKK JAPAN Co. Ltd., Y. Ikemura & Co. Ltd., Zische Schleifwerkzeuge GmbH.

Abrasives are products employed in the finishing or shaping of workpieces through friction, typically involving minerals that induce wear and tear. This process is akin to polishing, where the surface is roughened to achieve matte or satin finishes, resulting in a reflective and smooth surface. Abrasives find widespread application in the production of automobiles, airplanes, space vehicles, as well as in the manufacturing of mechanical and electrical appliances, and various types of machinery.

There are two main categories of raw materials used in abrasives such as natural and synthetic. Natural abrasives utilize raw materials sourced directly from nature. Diamond, corundum, and emery are examples of natural abrasives found in natural deposits, which can be mined and processed with minimal modification. Abrasives come in different types, including bonded abrasives, coated abrasives, super precision abrasives, and super construction abrasives. They are available in various forms such as block and powdered forms. Abrasives serve diverse purposes, including grinding, cutting, polishing, drilling, finishing, and more. End-users of abrasives span a range of industries, including automotive, machinery, aerospace, electrical and electronics, construction, and furniture.

The abrasives market research report is one of a series of new reports that provides abrasives market statistics, including abrasives industry global abrasives market size, regional shares, competitors with an abrasives market share, detailed abrasives market segments, market trends and opportunities, and any further data you may need to thrive in the abrasives industry. This abrasives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Asia-Pacific was the largest region in the abrasives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the abrasives market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the abrasives market market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The abrasives market consists of sales of paper, fabric, films, grinding wheels, and sand disks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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