A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Rubber
Bonded Abrasives Market.
The study, titled “Rubber
Bonded Abrasives Market - Global Industry Analysis, Size, Share,
Trends, Analysis, Growth and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Global
Rubber Bonded Abrasives Market: Overview
Rubber
bonded abrasives find extensive utilization across several industries
such as transportation, medical, metal, steel, heavy industries, and
electrical and electronics. Rubber bonded abrasives are predominantly
used across fabrication, floor polishing, precision grinding, and
off-had tool grinding applications.
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PDF Brochure for more Professional and Technical insights :
The
global market for rubber bonded abrasives market can be segmented on
the basis of application and region. In terms of application, heavy
industries, electrical and electronic equipment, transportation
components, medical components, and others are the segments of this
market. Amongst these, heavy industries account for the largest share
of the overall market and is expected to retain its dominance during
the forecast period.
The
report uses both top-down and bottom-up approaches to estimate the
size of the rubber bonded abrasives market until the end of the
forecast period. The market study involves extensive use of
industry-centric databases, secondary sources, and other government
websites for data collection. Extensive interviews were carried out
with opinion leaders for their viewpoint on the industry’s growth
and for endorsement of the growth analysis of this market.
Global
Rubber Bonded Abrasives Market: Drivers and Restraints
The
increasing demand for rubber bonded abrasives across various end-use
industries is the major factor driving the global rubber bonded
abrasives market. In particular, the use of rubber bonded abrasives
in heavy industries and transportation components is the key growth
driver of this market. Moreover, they are increasingly being utilized
in medical equipment and various other medical applications such as
medical scissors, polishing of medical tweezers, and surface
polishing of artificial joints among others.
However,
the growth of this market is hampered due to certain factors. Machine
constraints due to the heavy weight of rubber bonded abrasives over
other abrasives and environmental pollution in their production are
hampering the market’s growth. Nevertheless, the soft surface
of rubber bonded abrasives and their attribute of saving metal
quality has led to their increased preference over other bonded
abrasives.
Global
Rubber Bonded Abrasives Market: Regional Overview
The
global market for rubber bonded abrasives can be segmented into the
regional markets of North America, Europe, Asia Pacific, Latin
America, and the Middle East and Africa. Amongst these, Asia Pacific
stood as the leading regional market in the recent years and is
expected to display the highest growth rate in the coming years.
China is expected to dominate the Asia Pacific rubber bonded
abrasives market in the coming years. India is expected to display
the highest growth rate owing to the large-scale industrialization
and the increasing demand for rubber bonded abrasives across several
end-use industries.
Europe
is also a significant market for rubber bonded abrasives.
Global
Rubber Bonded Abrasives Market: Competitive Outlook
Some
of the leading companies in the global market for rubber bonded
abrasives are Saint Gobain, Schwarzhaupt GmbH & Co., Abrasivos
Manhattan SA, Lowton Abrasive Ltd., Atto Abrasive Ltd., PFERD Inc.,
Artifex Dr Lohmann GmbH & Co, Marrose Abrasives, and Tyrolit
Group. Each of the companies are profiled for their key attributes of
business positioning, product portfolio and specification, recent
developments, and SWOTs.
Browse Market Research Report with ToC & Analysis :
Companies
in this market are focused on expanding their product portfolio to
receive an edge over competitors. For instance, Saint Gobain
Abrasives introduced a new type of centerless grinding wheels that
offers an array of advantages. This includes improved wheel life,
reducing cycle time by as much as 50 percent, and improving stock
removal as much as 30 percent.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
-
Market segments and sub-segments
-
Market trends and dynamics
-
Supply and demand
-
Market size
-
Current trends/opportunities/challenges
-
Competitive landscape
-
Technological breakthroughs
-
Value chain and stakeholder analysis
The
regional analysis covers:
-
North America (U.S. and Canada)
-
Latin America (Mexico, Brazil, Peru, Chile, and others)
-
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
-
Eastern Europe (Poland and Russia)
-
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
-
Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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Market Research
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