Coated Abrasive Market is expected to grow at a CAGR of 5.9% through 2030F
The global Coated Abrasive Market is
expected to be led by North America, driven by Growth of the Furniture Industry
and Shift Towards Electric Vehicles (EVs) during the forecast period 2026-2030F
According to TechSci Research
report, “Coated Abrasive
Market - Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F, The Global Coated Abrasive Market was valued at USD
10.4 billion in 2024 and is expected to reach USD 14.8 billion by 2030 with a
CAGR of 5.9% through 2030. The integration of automation in manufacturing processes has elevated the
demand for coated abrasives designed for high-speed, precision machinery.
Automated systems in industries like automotive, aerospace, and electronics
rely heavily on high-performance abrasives for tasks such as grinding,
polishing, and finishing, driving consistent demand.
The
emergence of Industry 4.0 has further amplified the need for technologically
advanced abrasive solutions. With an emphasis on precision, efficiency, and
reduced downtime, manufacturers are increasingly seeking coated abrasives that
can meet stringent production standards and improve operational efficiency.
This trend has also fueled investments in research and development to create
abrasives capable of meeting the requirements of automated and digitally
integrated production lines.
Moreover,
the rapid growth of e-commerce has transformed the distribution and
accessibility of coated abrasives. Online platforms enable manufacturers and
consumers to access a wider variety of products, fostering market growth. The
convenience of purchasing abrasives online has opened new avenues for
small-scale users, such as DIY enthusiasts and independent contractors, further
expanding the market's reach and customer base.
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Based on Type, Silicon Carbide segment
dominated the Coated Abrasive Market in 2024 and maintain its leadership
throughout the forecast period, due to its exceptional properties, high
performance, and diverse applications across multiple industries. Silicon
carbide is highly valued for its extreme hardness, superior thermal
conductivity, and outstanding wear resistance, making it ideal for heavy-duty
and precision abrasive tasks. These attributes have made silicon carbide-coated
abrasives the preferred choice in sectors such as automotive, aerospace, metal
fabrication, construction, and electronics.
In the automotive industry, the demand
for silicon carbide abrasives is driven by the need for precise finishing and
surface preparation of components. The increasing adoption of lightweight
materials like aluminum and carbon composites in vehicle manufacturing has
further fueled the usage of silicon carbide abrasives, as they are highly
effective in achieving smooth surfaces and tight tolerances. Additionally, the
rise in electric vehicle (EV) production has amplified the need for advanced
abrasives to meet the specific requirements of EV components, further boosting
the growth of this segment.
The aerospace industry also relies
heavily on silicon carbide-coated abrasives for the production and maintenance
of critical components such as turbine blades, engine parts, and landing gear.
These abrasives ensure precision and durability, which are vital for aerospace
applications that demand high performance and reliability.
In the construction sector, silicon
carbide abrasives play a crucial role in cutting, grinding, and polishing hard
materials such as concrete, granite, marble, and glass. Their ability to
provide efficient and long-lasting performance under harsh conditions makes
them indispensable in construction projects. Furthermore, in the electronics
industry, silicon carbide abrasives are extensively used for fine polishing and
finishing of delicate components like semiconductors, optical devices, and
printed circuit boards, where high precision is essential.
The dominance of the silicon carbide
segment is also supported by growing advancements in abrasive technologies and
the development of eco-friendly products. Manufacturers are focusing on
creating sustainable and recyclable silicon carbide abrasives to align with
global environmental regulations, which has further strengthened the market
position of this segment.
In addition to its technical advantages,
silicon carbide's versatility across a wide range of applications has
solidified its leadership in the coated abrasive market. As industries
increasingly demand high-performance solutions for complex applications, the
silicon carbide segment continues to grow, catering to the evolving needs of
end-users while maintaining its position as a key driver of the global coated
abrasive market.
Based on region, Asia Pacific is emerging as the
fastest-growing region for the Coated Abrasive Market, driven by rapid
industrialization, urbanization, and increasing manufacturing activities across
key sectors. Countries such as China, India, Japan, and South Korea are at the
forefront of this growth, contributing significantly to the region's demand for
coated abrasives. The thriving automotive and aerospace industries in these
countries play a pivotal role, as coated abrasives are extensively used in
precision manufacturing processes, including grinding, polishing, and surface
finishing of components.
The construction and infrastructure
sectors in Asia-Pacific further bolster the demand for coated abrasives.
Massive investments in infrastructure development, particularly in emerging
economies like India and Southeast Asian countries, have created a surge in
demand for metal fabrication and woodworking, both of which rely heavily on
coated abrasives. Additionally, the growth of the electronics industry in
countries like Japan, China, and Taiwan has increased the need for advanced
abrasive solutions for delicate and precise finishing applications.
Moreover, the rise of the middle-class
population and disposable incomes in the region has led to a surge in consumer
spending on furniture, home improvement, and DIY activities, creating further
demand for coated abrasives. Asia-Pacific's low production costs, availability
of raw materials, and expanding manufacturing base make it an attractive region
for manufacturers to establish production facilities, driving innovation and
competition. Collectively, these factors position Asia-Pacific as a rapidly growing
and highly dynamic market for coated abrasives.
Key market players in the Coated
Abrasive Market are: -
- Saint-Gobain Abrasives, Inc.
- Fujimi Incorporated
- Asahi Diamond Industrial Co., Ltd
- Cabot Microelectronics Corporation
- Jason Incorporated
- Robert Bosch GmbH
- Sia Abrasives Industries AG
- Carborundum Universal Limited
- DowDuPont, Inc.
- VSM Abrasives Corporation
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“The coated abrasive market offers
significant opportunities driven by advancements in manufacturing technologies,
increasing demand for customized solutions, and expanding applications across
diverse industries. Another major opportunity stems from the
development of eco-friendly and sustainable abrasive products. With increasing
awareness of environmental issues, industries are seeking sustainable
manufacturing processes and recyclable materials. Coated abrasive manufacturers
can capitalize on this trend by introducing products that align with
environmental regulations and meet the sustainability goals of end-users. The
increasing focus on precision and high-performance applications also presents
opportunities for innovation in advanced materials such as zirconia alumina,
ceramic abrasives, and diamond-coated products. These materials offer improved
durability and efficiency, making them ideal for demanding applications in
aerospace, automotive, and electronics manufacturing. Furthermore, the growing
DIY (do-it-yourself) and home improvement trend offers a promising consumer
segment. User-friendly coated abrasives tailored for residential use provide
manufacturers an opportunity to diversify their product portfolios and capture
a broader market.” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based global management consulting firm.
“Coated Abrasive Market –
Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By
Type (Aluminum Oxide, Silicon Carbide, Zirconia Aluminum Oxide, Ceramic
Aluminum Oxide, Garnet, Emery), By Application (Metalworking, Woodworking,
Automotive, Electronic & Semiconductors, Aerospace & Defense, Others),
By Region, By Competition, 2020-2030F” has evaluated the future growth potential
of Coated Abrasive Market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Coated Abrasive
Market.
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