This report forecasts to 2023 abrasives demand and production in nominal US dollars at the manufacturer level in China. Total abrasives demand in yuan and abrasives raw materials demand in US dollars are also forecasted to 2023. Total demand in US dollars is segmented by product in terms of: coated, bonded, loose grains and powders, and metallic. Total demand in US dollars is also segmented by market as follows: machinery manufacturing; electrical and electronic equipment; transportation equipment; other durable goods such as fabricated metals, primary metals, and nonmetallic mineral products; cleaning and maintenance; and other markets such as construction, resource extraction, and nondurable goods manufacturing.
To illustrate historical trends, total demand in US dollars is provided in annual series from 2008 to 2018; total demand in yuan, total production, raw materials demand, and the various segments are reported at five-year intervals for 2008, 2013, and 2018.
Excluded from the scope of this report are abrasive-tipped cutting tools like drill bits, milling cutters, and saw blades. Also excluded are fracking materials (silica sand) and all other products that use abrasive materials for nonabrasive applications.
For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2018.
Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
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