India Abrasive Market is expected to grow at a CAGR of 6.61% through 2030
Export Potential & Global Market Integration are factors
driving the India Abrasive Market in the forecast period 2026-2030.
According
to TechSci Research report, “India Abrasive
Market - Industry Size, Share, Trends, Opportunity, and Forecast 2020-2030F”,
the India Abrasive Market is expected to register robust growth during the
forecast period. India’s rapid industrial growth and ongoing infrastructure
development present significant opportunities for the abrasive market. The
expansion of industries such as automotive, aerospace, construction, and metal
fabrication drives the demand for a wide range of abrasive products. Key
infrastructure projects, including highways, airports, and smart cities,
require high-quality abrasives for cutting, grinding, and polishing materials.
This growing demand is supported by government initiatives like "Make in
India" and increased foreign direct investment (FDI) in manufacturing and
infrastructure sectors.
There
is a rising opportunity for the development and adoption of advanced abrasive
technologies. Innovations such as super abrasives, nano-abrasives, and
high-performance abrasive materials can meet the stringent requirements of
modern manufacturing processes. Automation and robotics in manufacturing
further drive the need for precision abrasives. Companies investing in research
and development (R&D) to create innovative, efficient, and sustainable
abrasive solutions can capture a larger market share and address evolving
industrial needs.
Browse
over XX market data Figures spread through 86 Pages and an in-depth TOC on the "India Abrasive Market"
Based
on Type, the
Coated segment is expected to dominate the market during the forecast period. The
coated abrasives segment is a significant part of the India abrasive market,
encompassing products used in various industrial and consumer applications.
Coated abrasives consist of abrasive grains bonded to a backing material such
as paper, cloth, or fiber. The industrial sector is a major consumer of coated
abrasives, particularly in metalworking, woodworking, and automotive
industries. Coated abrasives are essential for surface finishing, deburring,
polishing, and sanding operations. The growth of these industries, fueled by
infrastructure development and manufacturing activities, drives the demand for
coated abrasives. The automotive industry relies heavily on coated abrasives
for various applications, including surface preparation, finishing, and
paintwork. Coated abrasives are widely used in consumer goods such as DIY tools
and home improvement products. Coated abrasives come in various forms,
including belts, discs, sheets, and rolls, catering to different applications
and user preferences. Manufacturers are investing in research and development
to create coated abrasives with improved performance and durability.
Fluctuations in the prices of raw materials, such as abrasive grains and
backing materials, impact production costs. The coated abrasives segment in the
India abrasive market is poised for steady growth, driven by industrial demand,
technological advancements, and the increasing popularity of DIY activities.
Innovations in product development and a focus on sustainability will play a
crucial role in shaping the future of this market. Manufacturers that can
balance cost management, regulatory compliance, and product innovation will be
well-positioned to capitalize on the opportunities in this dynamic segment. for
Key
market players in the India Abrasive Market are:-
- Carborundum
Universal Limited
- Grindwell
Norton Limited
- Wendt (India)
Ltd.
- Hindustan
Abrasives
- Sterling
Abrasives Limited
- Orient Ceratech
Limited
- Welcast India
Pvt. Ltd.
- Asahi Diamond
industrial Co., Ltd.
- Bosch Limited
- Henkel
Adhesives Technologies India Private Limited
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“The
Abrasive market in India is expected to grow owing to the rise of electric
vehicles (EVs) and the adoption of lightweight materials create new
opportunities for specialized abrasives. The
metal fabrication industry relies heavily on abrasives for cutting, shaping,
and finishing metal parts. The
integration of automation and robotics in manufacturing processes requires
precision abrasives for consistent high-quality results.” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based India
management consulting firm.
“India Abrasive Market Segmented By
Type (Bonded, Coated, and Super), By Material (Natural and Synthetic), By
End-user Industry (Automotive, Metal Fabrication, Machinery, Electronic,
Construction and Others), By Region, Competition, Forecast and Opportunities
2020-2030F”
has evaluated the future growth potential of India 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 India Abrasive Market.
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