- The key vendors in the Global Abrasives Market are the 3M Co., Bosch Group, E.I. du Pont de Nemours and Co. and Saint-Gobain Abrasives Inc.
London, 20 August 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Abrasives Market 2014-2018. Increased economic development and the growth of the automotive sector in China are leading to an increase in demand for abrasives in China.
“The Global Abrasives market is expected to experience strong growth as a result of the growth of the Global Automobile market as well as the growing demand for electronic and electrical products worldwide,” says Faisal Ghaus, Vice President of TechNavio Research.
Augmented Use of Superabrasives
Superabrasives are harder than coated, bonded, and loose abrasive grains and are better than the latter for applications in various industries. They include diamond and CBN-based products used in commercial applications such as grinding, polishing, and dressing. The use of superabrasives has increased rapidly because of their superior hardness and lower wear and tear. Many industries favor superabrasives as using them reduces process time and maintenance costs.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
