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Non-woven Abrasives Market Size

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

Non-woven Abrasives Market Size

Non-Woven Abrasives Market size valued at USD 1.5 billion in 2022 and is anticipated to grow at over 5.5% CAGR from 2023 to 2032 driven by the wide scope of application of the product in various end-use industries, including automotive & transportation, household goods manufacturing, and electronics & electric products manufacturing, among others.

 

The rapidly growing manufacturing sector due to the increasing uptake of consumer goods and commodities creates lucrative growth opportunities for non-woven abrasives market. Furthermore, growing public and residential infrastructure construction as well as the automobile and transportation industries are playing a crucial role in the market's expansion. As per government organization Inegi’s production survey, Mexican construction companies witnessed sizable growth, indicating a linear expansion of the construction sector in the country.

 

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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