are some of the key participants involved in the non-woven abrasives market. These firms are focusing on strategic acquisitions and partnerships to attain a competitive edge.
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.