研磨材の世界市場: 材料、製品、用途

Report Overview

The global market for abrasives was valued at $55.0 billion in 2022. The market is estimated to grow from $57.8 billion in 2023 to reach $74.0 billion by 2028, at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2028.

Summary:

The refined abrasive grains segment is well concentrated globally, with a limited number of large companies that have grown successfully in the mass manufacture of grains with economies of scale. The products as such can be natural or synthetic, with natural referring to mined or to mined and processed products.

The users of abrasive grains, which manufacture products such as bonded grinding wheels or coated discs, far outnumber those that manufacture the grains. This user segment is more diverse in terms of regional diversity, and the companies are typically smaller in size than the grain manufacturers themselves.

Some global companies have operating divisions in both segments, and they are vertically integrated in this manner. However, even these companies often sell their grains to other product manufacturers.

End users of the abrasive industry are diverse. Automotive, metal manufacturing, , and building and construction are the main users of abrasives and abrasive products. Niche segments that are smaller in terms of volumes but with relatively higher value include the medical, energy, and electronics industry, where abrasives are used for wafer slicing and cutting.

Market trends in the abrasive industry are closely tied to specific industries and overall economic climates in various countries. Industries can grow or contract drastically, as was seen during the housing (i.e., construction) boom in the U.S. during the early 2000s and the collapse that followed between 2007 and 2009. Such swings also provide opportunities for mergers and acquisitions for investors and companies with longer visions and more significant financial wherewithal.

The abrasive industry’s growth is close to global GDP growth, with higher GDP growth in developing countries and slower rates in developed countries. This is partly because the abrasive industry is closely tied to the manufacturing industry, yet it is disconnected from the service sector industry and only loosely tied to agrarian industries. Thus, the abrasive industry tends to play a greater role in a country’s total GDP when the country is going through a mechanization manufacturing–driven growth phase.

The GDPs of oil economies have a disproportionate dependence on industrial production. Countries such as Qatar, Iraq, the United Arab Emirates (UAE), Saudi Arabia, Oman, and Kuwait all have more than 50% of the country’s GDP coming from the industrial sector. Revival of the oil economies helps the abrasive industry, although, on a global basis, the GDPs of these countries have only modest shares.

Report Scope:

The report contains comprehensive information regarding the abrasive industry and the users thereof. It includes details about various types of abrasives; materials used as abrasives; abrasive manufacturers’ most commonly used grains; manufacturers’ production with values; manufacturers of products using abrasive materials primarily for machine tools; users of abrasive tools and other applications; and users of loose abrasives. Estimated values are based on manufacturers’ total revenues. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.

The abrasive market is segmented into the follow categories –

• Type (abrasive grains and abrasive products).
• Application (buffing, honing, drilling, grinding, polishing, cutting, and sharpening).
• End use (metal manufacturing, automotive, electronics, medical, energy, building and construction, and wood and composites).
• Region: North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW).

Report Synopsis

Report includes:

• 45 data tables and 53 additional tables
• Overview and an up-to-date analysis of the global abrasives market with emphasis on materials, products and applications
• Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2027, and projections of compound annual growth rates (CAGRs) through 2028
• Estimate of the actual market size and revenue forecast for the global abrasives market in USD millions, and a corresponding market share analysis based on type, application, end-use industry, and region
• In-depth information (facts and figures) pertaining to the market growth drivers, challenges, opportunities and prospects; the technologies and regulatory scenarios; and the impacts of COVID-19 and the Russia-Ukraine war on the market
• Discussion of the importance of ESG in the global abrasives market, including consumer attitudes, an assessment of risks and opportunities, and the ESG practices followed by manufacturers and suppliers of abrasives
• Review of new and existing U.S. patents issued for abrasive technologies
• A look at the major vendors in the global market for abrasives, and an analysis of the structure of this industry with respect to company market shares, venture fundings, and recent mergers and acquisitions (M&A) activity
• Identification of the major stakeholders and analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
• Profiles of the leading market players

Table of Contents

Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
What’s New in This Update?
Scope of Report
Research Methodology
Information Sources
Geographic Breakdown
Chapter 2 Summary and Highlights
Market Outlook
Market Summary
Chapter 3 Market Overview
Market Definition
Industry History
Factors Affecting Choice of Abrasives
Importance of the Abrasive Industry
Chapter 4 Market Dynamics
Market Drivers
Increasing Demand for Abrasives from Automotive Industry
Growth in Demand for Abrasives from Construction Industry
Market Opportunities
Niche Applications of Abrasives in Dental, Medical, and Jewelry Manufacturing
Growing Demand for Super Abrasives
Market Challenges
Environmental Regulations
Rising Raw Material Costs
Chapter 5 Global Market for Abrasives by Type
Introduction
Abrasive Grains
Alumina Industry
Silicon Carbide Global Capacity and Usage
Diamond Market
Cubic Boron Nitride and Others
Metallic Abrasives
Cutting Tool Industry
Natural Abrasives
Abrasive Powder and Grains
Abrasive Products
Loose Abrasives
Bonded Abrasives
Coated Abrasives
Nonwoven Abrasives
Super Abrasives
Polishing Products
Chapter 6 Global Market for Abrasives by Application
Introduction
Buffing
Cutting
Grinding
Honing
Lapping
Machining
Polishing
Chapter 7 Global Market for Abrasives by End-use Industry
Introduction
Automotive
Metal Manufacturing
Building and Construction
Electronics
Wood and Composites
Energy
Medical
Chapter 8 Global Market for Abrasives by Region
Introduction
North American Region
European Region
Asia-Pacific Region
Rest of the World
Chapter 9 Sustainability in Abrasive Industry: An ESG Perspective
Importance of ESG in the Abrasive Industry
ESG Ratings and Metrics: Understanding the Data
ESG Practices in the Abrasive Industry
Current Status of ESG in the Abrasive Market
Risk Scale, Exposure Scale, and Management Scale
Case Study: Example of Successful ESG Implementation
Environmental Initiatives
Social Initiatives
Governance Initiatives
Outcomes
Investments
Future of ESG: Emerging Trends and Opportunities
Concluding Remarks from BCC
Chapter 10 Emerging Technologies and Developments
Key Highlights
Trends
Development of New Abrasive Materials and Abrasive Manufacturing Processes
Abrasive Recycling
Chapter 11 Patent Analysis
Significance of Patents
Importance of Patent Analysis
Patent Analysis Based on Country of Origin
Patent Analysis Based on Year Issued
Patent Analysis Based on Companies to Which Patents Were Issued
Chapter 12 Merger and Acquisition Outlook
Merger and Acquisition Analysis
Chapter 13 Competitive Intelligence
Industry Structure
Abrasive Industry Market Structure
Chapter 14 Company Profiles
3M CO.
ALMATIS GMBH
ARC ABRASIVES INC.
ASAHI DIAMOND INDUSTRIAL CO., LTD.
CARBORUNDUM UNIVERSAL LTD.
DUPONT DE NEMOURS INC.
EHWA DIAMOND INDUSTRIAL CO., LTD.
FUJIMI INC.
HENKEL AG & CO. KGAA
ROBERT BOSCH GMBH
SAK INDUSTRIES PVT. LTD.
SAINT-GOBAIN
TYROLIT-SCHLEIFMITTELWERKE SWAROVSKI AG & CO. KG
Chapter 15 Appendix: Acronyms

List of Tables
Summary Table : Global Market for Abrasives, by Type, Through 2028
Table 1 : Mohs Hardness Scale of Various Minerals
Table 2 : Mohs Hardness List of Natural and Synthetic Materials
Table 3 : Factors Affecting Abrasives
Table 4 : Effect of Particle Size on Surface Finish of Processed Part
Table 5 : Recommended Abrasives for Various Materials
Table 6 : Worldwide Change in Car Production, 2011-2022
Table 7 : Application of Abrasive Materials in Dentistry
Table 8 : Comparison in Cost Summary for Conventional Versus Super Abrasives
Table 9 : Four-year Growth in Producer Price Index for Abrasive Products, 1991-2022
Table 10 : Global Market for Abrasives, by Type, Through 2028
Table 11 : Global Fused Aluminum Oxide Production Capacity, by Country, 2022
Table 12 : Major Producers of Alumina, by Company, 2022
Table 13 : Global Silicon Carbide Production Capacity, by Country, 2022
Table 14 : Global Industrial-grade Natural Diamond Production, by Country, 2022
Table 15 : Abrasive Tools and Applications
Table 16 : Abrasive Materials for Various Blasting Applications
Table 17 : Bonding Materials Used in Conventional Bonded Abrasives
Table 18 : Typical Composition of a Coated Abrasive
Table 19 : Typical Products in the Nonwoven Abrasives Product Category and Their Features
Table 20 : Recommended Super Abrasives for Various Substrates
Table 21 : Typical Abrasives Used in Polishing
Table 22 : Parameters Affecting Properties of Polishing-grade Alumina
Table 23 : Global Market for Abrasives, by Application, Through 2028
Table 24 : Abrasive Choices for the Honing of Various Materials
Table 25 : Honing Process Applications, by Industry
Table 26 : Advanced Machining Processes
Table 27 : Specific Energy Requirements for Machining of Various Materials
Table 28 : Major Polishing Agent Components
Table 29 : Global Market for Abrasives, by End-use Industry, Through 2028
Table 30 : Global Market for Abrasives, by Region, Through 2028
Table 31 : North American Gross Domestic Product Growth Rate, by Country, 2018-2022
Table 32 : North American Market for Abrasives, by Country, Through 2028
Table 33 : North American Market for Abrasives, by Type, Through 2028
Table 34 : North American Market for Abrasives, by Application, Through 2028
Table 35 : North American Market for Abrasives, by End-use Industry, Through 2028
Table 36 : European Gross Domestic Product Growth Rate, by Country, 2018-2022
Table 37 : European Market for Abrasives, by Country, Through 2028
Table 38 : European Market for Abrasives, by Type, Through 2028
Table 39 : European Market for Abrasives, by Application, Through 2028
Table 40 : European Market for Abrasives, by End-use Industry, Through 2028
Table 41 : Asia-Pacific Gross Domestic Product Growth Rate, by Country, 2018-2022
Table 42 : Asia-Pacific Market for Abrasives, by Country, Through 2028
Table 43 : Asia-Pacific Market for Abrasives, by Type, Through 2028
Table 44 : Asia-Pacific Market for Abrasives, by Application, Through 2028
Table 45 : Asia-Pacific Market for Abrasives, by End-use Industry, Through 2028
Table 46 : RoW Market for Abrasives, by Country/Region, Through 2028
Table 47 : RoW Market for Abrasives, by Type, Through 2028
Table 48 : RoW Market for Abrasives, by Application, Through 2028
Table 49 : RoW Market for Abrasives, by End-use Industry, Through 2028
Table 50 : ESG Ratings and Metrics
Table 51 : ESG Diversity Issue Analysis
Table 52 : ESG Employee Safety and Labor Practices Issue Analysis
Table 53 : ESG Resource Efficiency and Emissions Issue Analysis
Table 54 : ESG Waste Reduction Issue Analysis
Table 55 : ESG Sustainable Supply Chain Analysis
Table 56 : ESG Ethical Corporate Behavior Analysis
Table 57 : ESG Scores of Companies
Table 58 : Risk Scale, Exposure Scale, and Management Scale
Table 59 : Patents Related to Abrasives, by Country of Origin, January 2018–July 2023
Table 60 : Patents Related to Abrasives, by Year Issued, January 2018–July 2023
Table 61 : Patents Related to Abrasives, by Company, January 2018–July 2023
Table 62 : List of Patents in Abrasives, July 2022–July 2023
Table 63 : Mergers and Acquisitions, Global Market for Abrasives, January 2020–June 2023
Table 64 : Global Market Share Analysis of Abrasives, by Company, 2022
Table 65 : 3M Co.: Annual Revenue, 2022
Table 66 : 3M Co.: News/Developments, 2021-2023
Table 67 : 3M Co.: Abrasive Product Portfolio
Table 68 : Almatis GmbH: News/Developments, 2021 and 2022
Table 69 : Almatis GmbH: Abrasive Product Portfolio
Table 70 : ARC Abrasives Inc.: News/Developments, 2023
Table 71 : ARC Abrasives Inc.: Abrasives Product Portfolio
Table 72 : Asahi Diamond Industrial: News/Developments, 2023
Table 73 : Asahi Diamond Industrial: Annual Revenue, 2023
Table 74 : Asahi Diamond Industrial: Abrasive Product Portfolio
Table 75 : Carborundum Universal Ltd.: Annual Revenue, 2022
Table 76 : Carborundum Universal Ltd.: News/Developments, 2022
Table 77 : Carborundum Universal Ltd.: Abrasive Product Portfolio
Table 78 : DuPont de Nemours Inc.: Annual Revenue, 2023
Table 79 : DuPont de Nemours Inc.: Abrasive Product Portfolio
Table 80 : EHWA Diamond Industrial Co., Ltd.: Abrasive Product Portfolio
Table 81 : Fujimi Inc.: Annual Revenue, 2022
Table 82 : Fujimi Inc.: News/Developments, 2021 and 2022
Table 83 : Fujimi Inc.: Abrasive Product Portfolio
Table 84 : Henkel: Annual Revenue, 2022
Table 85 : Henkel: News/Developments, 2022 and 2023
Table 86 : Henkel: Abrasive Product Portfolio
Table 87 : Robert Bosch: Annual Revenue, 2022
Table 88 : Robert Bosch: News/Developments, 2020-2023
Table 89 : Robert Bosch: Abrasive Product Portfolio
Table 90 : Sak Abrasives: News/Developments, 2023
Table 91 : Sak Abrasives: Abrasive Product Portfolio
Table 92 : Saint-Gobain: Annual Revenue, 2022
Table 93 : Saint-Gobain: News/Developments, 2020-2023
Table 94 : Saint-Gobain: Abrasive Product Portfolio
Table 95 : Tyrolit: News/Developments, 2022 and 2023
Table 96 : Tyrolit: Abrasive Product Portfolio
Table 97 : Acronyms Used in This Report

List of Figures
Summary Figure : Global Market for Abrasives, by Type, 2022-2028
Figure 1 : Growth in Global Construction Industry, 2015-2030
Figure 2 : Producer Price Index Trend of Abrasive Products, 1991-2022
Figure 3 : Global Market Shares of Abrasives, by Type, 2022
Figure 4 : Global Fused Aluminum Oxide Production Capacity, by Country, 2022
Figure 5 : Global Silicon Carbide Production Capacity, by Country, 2022
Figure 6 : Global Industrial-grade Natural Diamond Production Share, by Country, 2022
Figure 7 : Abrasive Tools and Applications
Figure 8 : Global Market Shares of Abrasives, by Application, 2022
Figure 9 : Global Market Shares of Abrasives, by End-use Industry, 2022
Figure 10 : Global Market Shares of Abrasives, by Region, 2022
Figure 11 : North American Market Shares of Abrasives, by Country, 2022
Figure 12 : European Market Shares of Abrasives, by Country, 2022
Figure 13 : Asia-Pacific Market Shares of Abrasives, by Country, 2022
Figure 14 : RoW Market Shares of Abrasives, by Country/Region, 2022
Figure 15 : Overview of ESG Factors
Figure 16 : Share of Public and Private Companies in the Global Market for Abrasives, 2022
Figure 17 : 3M Co.: Annual Revenue, 2022 and 2023
Figure 18 : 3M Co.: Revenue Share, by Business Unit, 2023
Figure 19 : 3M Co.: Revenue Share, by Region, 2023
Figure 20 : Asahi Diamond Industrial: Annual Revenue, 2022 and 2023
Figure 21 : Asahi Diamond Industrial: Revenue Share, by Business Unit, 2023
Figure 22 : Asahi Diamond Industrial: Revenue Share, by Region/Country, 2023
Figure 23 : Carborundum Universal Ltd.: Annual Revenue, 2021 and 2022
Figure 24 : Carborundum Universal Ltd.: Revenue Share, by Business Unit, 2022
Figure 25 : Carborundum Universal Ltd.: Revenue Share, by Region/Country, 2022
Figure 26 : DuPont de Nemours Inc.: Annual Revenue, 2022 and 2023
Figure 27 : DuPont de Nemours Inc.: Revenue Share, by Business Unit, 2023
Figure 28 : DuPont de Nemours Inc.: Revenue Share, by Region/Country, 2023
Figure 29 : Fujimi Inc.: Annual Revenue, 2022 and 2023
Figure 30 : Fujimi Inc.: Revenue Share, by Business Unit, 2023
Figure 31 : Fujimi Inc.: Revenue Share, by Region/Country, 2023
Figure 32 : Henkel: Annual Revenue, 2021 and 2022
Figure 33 : Henkel: Revenue Share, by Business Unit, 2022
Figure 34 : Henkel: Revenue Share, by Region/Country, 2022
Figure 35 : Robert Bosch: Annual Revenue, 2021 and 2022
Figure 36 : Robert Bosch: Revenue Share, by Business Unit, 2022
Figure 37 : Robert Bosch: Revenue Share, by Region, 2022
Figure 38 : Saint-Gobain: Annual Revenue, 2021 and 2022
Figure 39 : Saint-Gobain: Revenue Share, by Business Unit, 20222