This report forecasts to 2023 global demand for abrasives by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: coated, bonded, loose grains and powders, and metallic. Reported markets encompass: machinery manufacturing; transportation equipment; electrical and electronic 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. Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.
To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2008, 2013, and 2018. Finally, global production is segmented by major world region and provided for 2008, 2013, 2018, and 2023.
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.
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.
Related NAICS Code:
327910 Abrasive Product Manufacturing
Back to Top