Northern India Herald

Key Driving Factors Of The Rubber Bonded Abrasives Market

 Breaking News
  • No posts were found

Key Driving Factors Of The Rubber Bonded Abrasives Market

January 25
20:51 2020
Key Driving Factors Of The Rubber Bonded Abrasives Market

Browse 80 market data tables and 43 figures spread through 130 pages and in-depth TOC on “Rubber Bonded Abrasives Market”
Rubber Bonded Abrasives Market by Application (Heavy Industries, Transportation Components, Electrical & Electronic Equipment, Medical Equipment), and Region

The rubber bonded abrasives market is estimated to reach USD 1.47 billion by 2026, at a CAGR of 3.1% from 2016 to 2026. Rubber bonded abrasives are used in floor polishing, fabrication, off-hand tool grinding, and precision grinding applications. It finds usage in industries such as metal, steel, transportation, electrical & electronic, medical, and other heavy industries. Rubber bonded abrasives do not hamper the quality of metals and are softer as compared to the other types of bonded abrasives. The growing demand for rubber bonded abrasives from industries such as metal, steel, transportation, electrical & electronic, medical, and other heavy industries has fueled the growth of the rubber bonded abrasives market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=21093606

Rubber bonded abrasive is used in heavy industries application for specific needs that range from initial processing of metal to manufacturing of finished products. Rubber bonded abrasives are used in foundries where fixed points are utilized, and for general precision in cutting and grinding of the extremely minute details of tools as they are very flexible. In addition, the steel industry has widespread application of rubber bonded abrasives, mainly for the purpose of removing scale or defects from the surface of slabs. Therefore, the growing heavy industries application drives the growth of rubber bonded abrasive market.

Asia-Pacific accounted for the largest share of the rubber bonded abrasives market and is expected to grow at the highest rate from 2016 to 2026. China is currently the largest market in Asia-Pacific region for rubber bonded abrasives and is expected to lead the market during the forecast period. India is the fastest-growing market for rubber bonded abrasives. Increasing demand for rubber bonded abrasives from auto ancillaries, aerospace, metal, construction, cleaning & maintenance, medical, food packaging, and heavy industries for precision cutting and grinding of tools such as screwdrivers, plumbing tools, and other specialty tools is expected to drive the rubber bonded abrasives market in these countries.

Request for sample report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=21093606

Market players are expected to employ organic and inorganic growth strategies such as new product launches, research & development, mergers & acquisitions, and partnerships to expand their overall business worldwide. Key companies operating in this market are enhancing their presence in emerging markets and strengthening their distribution network globally. Growth strategies adopted by the market players are expected to lead to sustainable growth of the rubber bonded abrasives market in the future.

3M Company (U.S.), Tyrolit Group (Austria), PFERD INC (Germany), Y.IKEMURA Co. LTD. (Japan), Abrasivos Manhattan SA (Spain), PACER Industries Inc. (U.S.), Buffalo Abrasives Inc. (U.S.), Schwarzhaupt GmbH & Co. (Germany), Saint Gobain (France), Cratex Manufacturing Co. (U.S.), Marrose Abrasives (U.K.), Atto Abrasive Ltd (Ireland), Lowton Abrasive Ltd (U.K.), Buehler (U.S.), and Artifex Dr Lohmann Gmbh & Co KG (Germany) are the key companies manufacturing rubber bonded abrasives.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/rubber-bonded-abrasive-market-21093606.html

Related Articles