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Non-woven Abrasives Market Analysis

  • Report ID: GMI4703
  • Published Date: Mar 2023
  • Report Format: PDF

Non-woven Abrasives Market Analysis

The non-woven abrasives market from the transportation sector is predicted to reach USD 880 million by 2032. Many industrial production processes, such as automotive & transportation, home goods manufacturing, OEM parts & components for different machinery and equipment pieces, and so on heavily rely on metalworking & surface finishing operations. Favorable efforts by government bodies to propel the transportation sector are likely to bolster product adoption. For instance, in August 2022, the U.S. government awarded more than USD 49 million for innovative technologies grants to improve mobility and travel on America’s transit system.
 

Based on product, the discs segment is poised to register gains at around 6% through 2032 led by the efficient capability of discs to remove surface defects, light edge burs, flashing, rust, oxides, corrosion, parting lines scale, and paint as compared to counterparts such as hand pads & rolls, belts, rolls, and wheels. They remove rust deposits and other residuals easily, making them ideal for the preparation of plastics, concrete, metals, fiberglass, and wood. Additionally, the ease of cutting hardened steel with the help of abrasive discs is providing lucrative opportunities for product adoption.
 

Global Non-woven Abrasives Market By Region

APAC non-woven abrasives market is slated to cross USD 1.4 billion by 2032 attributed to the booming manufacturing industry in APAC countries. Favorable economic changes, supportive government policies, and improvements in surface finishing technology are fueling industrial sector. The majority of metal components & equipment are produced using subtractive manufacturing techniques based on the highly controlled removal of undesirable materials, which is foreseen to influence market progression.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of non-woven abrasives crossed USD 1.5 billion in 2022 and is primed to grow at over 5.5% CAGR from 2023 to 2032 propelled by the wide scope of application of these abrasives in various end-use industries including automotive & transportation, household goods manufacturing, and electronics & electric products manufacturing, among others.

The discs segment is projected to progress at a 6% CAGR between 2023 and 2032 as a result of the efficient capability of discs to remove surface defects, light edge burs, flashing, rust, oxides, corrosion, parting lines scale, and paint as compared to counterparts.

The transportation end-use segment size is poised to reach USD 880 million by 2032 owing to favorable efforts by public agencies to propel the transportation sector.

APAC market is slated to garner more than USD 1.4 billion by 2032 on account of supportive economic changes, government policies, and improvements in surface finishing technology in the region.

Non-woven Abrasives Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 353
  • Countries covered: 22
  • Pages: 265
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