Global Superabrasive Sales Market Report 2022
Superabrasives relates to grinding polishing or dressing tools manufactured using diamond or CBN as the abrasive. Due to their complementarity in the processing materials, diamond and CBN abrasives greatly expand the range of abrasive tools that can be used to cover almost all processed materials including high hardness, high brittle, high toughness materials.
Market Analysis and Insights: Global Superabrasive Market
Due to the COVID-19 pandemic, the global Superabrasive market size is estimated to be worth US$ 1343 million in 2021 and is forecast to a readjusted size of US$ 1343 million by 2028 with a CAGR of 3.5% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Superabrasive global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Superabrasive key players include Sandvik, Zhongnan Diamond, Huanghe Whirlwind, etc. Global top three manufacturers hold a share over 55%.
Asia-Pacific is the largest market, with a share over 45%, followed by North America and Europe, both have a share over 40 percent.
In terms of product, Diamond is the largest segment, with a share about 80%. And in terms of application, the largest application is Automotive, followed by Machinery.
Global Superabrasive Scope and Market Size
The global Superabrasive market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Superabrasive market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Diamond
Cubic Boron Nitride (CBN)
Others
Segment by Application
Automotive
Machinery
Metal Fabrication
Aerospace
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Element Six
Sandvik
ILJIN Diamond
Zhongnan Diamond
Huanghe Whirlwind
Sino-Crystal Diamond
JINQU Superhard
CR GEMS
Anhui HongJing
Yalong Superhard Materials
Saint-Gobain
Sumitomo Electric Industries
Tomei Diamond
FUNIK
Famous Diamond
Besco Superabrasives
Market Analysis and Insights: Global Superabrasive Market
Due to the COVID-19 pandemic, the global Superabrasive market size is estimated to be worth US$ 1343 million in 2021 and is forecast to a readjusted size of US$ 1343 million by 2028 with a CAGR of 3.5% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Superabrasive global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Superabrasive key players include Sandvik, Zhongnan Diamond, Huanghe Whirlwind, etc. Global top three manufacturers hold a share over 55%.
Asia-Pacific is the largest market, with a share over 45%, followed by North America and Europe, both have a share over 40 percent.
In terms of product, Diamond is the largest segment, with a share about 80%. And in terms of application, the largest application is Automotive, followed by Machinery.
Global Superabrasive Scope and Market Size
The global Superabrasive market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Superabrasive market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Diamond
Cubic Boron Nitride (CBN)
Others
Segment by Application
Automotive
Machinery
Metal Fabrication
Aerospace
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Element Six
Sandvik
ILJIN Diamond
Zhongnan Diamond
Huanghe Whirlwind
Sino-Crystal Diamond
JINQU Superhard
CR GEMS
Anhui HongJing
Yalong Superhard Materials
Saint-Gobain
Sumitomo Electric Industries
Tomei Diamond
FUNIK
Famous Diamond
Besco Superabrasives
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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