Article Title: Global Demand for Abrasives to Approach $45 Billion in 2015
Publication: GlassOnWeb, 3/9/2012
Freedonia Study: World Abrasives to 2015 (2837)
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Global demand for abrasives is projected to grow 6.3 percent annually to $44.8 billion in 2015. Advances will be driven by ongoing industrialization activity in developing areas, rising per capita incomes and consumer spending, growing durables manufacturing output and greater fixed investment activity, especially in the Asia/Pacific region. Such increases in construction and manufacturing activity and per capita incomes will also boost demand for abrasives-containing cleaning and maintenance products in the developing world.
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