Australia Abrasives Market Size & Outlook, 2020-2028
- Materials
- Tools & Components
- Abrasives Market Outlook
- Tools & Components
Australia Abrasives Market, 2017-2028 (US$M)
Global Market
Related Markets
Ask Prism AI anything about the abrasives market
Get a cited answer from GVR research in seconds: segment shares, growth drivers, regulation and forecast assumptions.
Australia abrasives market highlights
- The Australia abrasives market generated a revenue of USD 419.7 million in 2020 and is expected to reach USD 510.3 million by 2028.
- The Australia market is expected to grow at a CAGR of 2.5% from 2021 to 2028.
- In terms of segment, coated was the largest revenue generating product in 2020.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
Abrasives market data book summary
| Market revenue in 2020 | USD 419.7 million |
| Market revenue in 2028 | USD 510.3 million |
| Growth rate | 2.5% (CAGR from 2020 to 2028) |
| Largest segment | Coated |
| Fastest growing segment | Other Products |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coated, Bonded, Other Products |
| Key market players worldwide | 3M Co, Bosch, Henkel AG & Co KGaA, Compagnie de Saint-Gobain SA, Asahi Diamond Industrial Europe, sia Abrasives Holding, Deerfos, CUMI America, TYROLIT Group |
Other key industry trends
- In terms of revenue, Australia accounted for 1.2% of the global abrasives market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China abrasives market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,919.3 million by 2028.
Australia accounts for a small share in the Asia Pacific abrasive market. The Australian abrasive market is primarily driven by the construction industry. Construction is one of the key industries in the Australian economy as it generates revenue worth around USD 360 billion and contributes nearly 9% to the country’s GDP.
In addition, in October 2020, the government had planned to invest USD 14 billion for the next four years to support and accelerate infrastructure projects.
No credit card required*
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
- Turnaround
- 5–10 working days
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Abrasives Market Scope
Abrasives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| 3M Co | View profile | 85,000 | 3M Center, St. Paul, MN, United States, 55144 | www.3m.com |
| Henkel AG & Co KGaA | View profile | 48,000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | www.henkel.com |
| Compagnie de Saint-Gobain SA | View profile | 168,508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | www.saint-gobain.com |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | www.bosch.com |
| Asahi Diamond Industrial Europe | View profile | 51-100 | Chartres, Centre, France, Europe | www.asahidia.eu |
| sia Abrasives Holding | View profile | 1001-5000 | Frauenfeld, Thurgau, Switzerland, Europe | www.siaabrasives.com/ |
| Deerfos | View profile | 11-50 | Santana, Sao Paulo, Brazil, South America | deerfos.com.br |
| CUMI America | View profile | 11-50 | Oakdale, Pennsylvania, United States, North America | www.cumiamericas.com |
| TYROLIT Group | View profile | 1001-5000 | Schwaz, Tirol, Austria, Europe | www.tyrolit.com |
Australia Abrasives Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Abrasives Market Outlook will help companies and investors design strategic landscapes.
Coated was the largest segment with a revenue share of 60.4% in 2020.
Horizon Databook has segmented the Australia abrasives market based on coated, bonded, other products covering the revenue growth of each sub-segment from 2017 to 2028.
Australia accounts for a small share in the Asia Pacific abrasive market. The Australian abrasive market is primarily driven by the construction industry. Construction is one of the key industries in the Australian economy as it generates revenue worth around USD 360 billion and contributes nearly 9% to the country’s GDP.
In addition, in October 2020, the government had planned to invest USD 14 billion for the next four years to support and accelerate infrastructure projects.
- Australia Abrasives Market Product Outlook (Revenue, USD Million , 2017-2028)
- Coated
- Bonded
- Other Products
- Australia Abrasives Market Application Outlook (Revenue, USD Million , 2017-2028)
- Automotive & Transportation
- Heavy Machinery
- Metal Fabrication
- Electrical & Electronics Equipment
- Other Applications
Reasons to subscribe to Abrasives Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Abrasives Market Outlook databook
- Our clientele includes a mix of Abrasives Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia Abrasives Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Australia Abrasives Market Outlook from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Australia Abrasives Market, 2017-2028 (US$M)
Australia abrasives market statistics, by product, 2017-2028 (US$M)
