The research Analysis Report provides a clear picture of the global abrasive wheels market by dividing it into three distinct categories: products, material types, and geographic regions. From 2022 to 2028, the market for each segment has been estimated based on current and future trends.
The market for abrasive wheels is broken down into bonded and super abrasive wheels by product type. In the coming years, bonded wheels are expected to generate the most revenue. The abrasive grains can be held tightly in place on the bonded wheels, allowing them to perform the function of grinding the surface of the wheels within the wheels. In addition to being widely used in the automobile industry, bonded wheels are becoming increasingly popular due to their efficiency and low cost.
Aluminum oxide, zirconia alumina, silicon carbide and ceramic aluminium oxide are the four main types of abrasive wheels in the global market. In the future, aluminium oxide is expected to have the largest revenue share on the market. When combined with aluminium oxide’s high fracture resistance and low cost, this abrasive becomes one of the most popular options available. Since diamonds are expensive, aluminium oxide is an excellent substitute and will grow in demand in future years.
Globally, the abrasive wheels market in the Asia Pacific region is expected to hold the largest share in terms of revenue throughout this period. Automobile component manufacturers’ presence in China and South Korea, as well as rising demand, account for this regional dominance.
North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa are all part of the regional segment. The demand for major countries like the United States, the United Kingdom, Germany, China, India, Japan, and Brazil is also included in this segmentation.
3M, SuperAbrasives, DSA Products, Andre Abrasive Articles, DEERFOS, Saint-Gobain, NORITAKE, KLINGSPOR Abrasives, Camel Grinding Wheels Works, and Tyrolit Group are some of the major players in the global abrasive wheel market.
This report segments the global abrasive wheels market into:
Global Abrasive wheels Market: By Product
- Bonded wheels
- Super Abrasive Wheels
Global Abrasive wheels Market: By Material Type
- Aluminum Oxide
- Zirconia Alumina
- Silicon Carbide
- Ceramic Aluminum Oxide
Global Abrasive wheels Market: By Region
- North America
- The U.S.
- Asia Pacific
- Latin America
- Middle East and Africa
Abrasive wheels are made of an abrasive compound that is used for various grinding operations. These wheels are generally made of composite materials, which constitute coarse particles bonded and pressed together via bonding to form a solid circular shape. There has been an increase in the number of research and development activities along with with with technological advancements over the last few years to make the bonding process more efficient.
The major driver of the global abrasive wheels market is the flourishing automobile industry. The automobile industry uses abrasive grinding wheels in many processes, as these wheels give a better finish to the product and are easy to use. There is also a significant increase in the use of centerless grinders, which are newly developed advanced abrasive wheels. However, the various challenges faced during the grinding process, such as not getting the expected finish or dust particles being spread in the environment, are among some market restraints. Alternatively, ongoing research and development, to make the process of abrasive wheels more easy and efficient, is underway.