Global Bonded Abrasives Market Size & Outlook, 2025-2030
Global bonded abrasives market, 2018-2030 (US$M)
Related Markets
Global bonded abrasives market highlights
- The global bonded abrasives market generated a revenue of USD 16,978.8 million in 2024 and is expected to reach USD 22,343.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4.8% by 2030.
- In terms of segment, grinding wheels accounted for a revenue of USD 9,040.8 million in 2024.
- Other Product Types is the most lucrative product type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 16,978.8 million |
| Market revenue in 2030 | USD 22,343.9 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Grinding wheels |
| Fastest growing segment | Other Product Types |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Grinding Wheels, Cutting Wheels, Polishing Wheels, Other Product Types |
Other key industry trends
- In terms of revenue, the North America accounted for 15.3% of the global bonded abrasives market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 239.0 million by 2030.
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Bonded Abrasives Market Scope
Bonded Abrasives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Flexovit | View profile | 51-100 | Angola, New York, United States, North America | http://www.flexovitabrasives.com/ |
| Sak Abrasives | View profile | 101-250 | Chennai, Tamil Nadu, India, Asia | https://www.sakabrasives.com/ |
| Grinding Techniques | View profile | 11-50 | Gauteng, NA - South Africa, South Africa, Africa | https://www.grindtech.com |
| Marrose Abrasives | View profile | 11-50 | Keighley, Bradford, United Kingdom, Europe | https://marrose.com |
| Buffalo Abrasives, Inc. | View profile | 11-50 | North Tonawanda, New York, United States, North America | https://www.buffaloabrasives.com/ |
| Nippon Resibon | View profile | - | Osaka, Osaka, Japan, Asia | https://www.resibon.co.jp/ |
| Glassolutions Saint Gobain | View profile | 10001+ | https://glassolutions.co.uk/en-gb | |
| Saint-Gobain | View profile | 10001+ | La Défense, Ile-de-France, France, Europe | http://www.saint-gobain.com |
| Carborundum Universal | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | https://www.cumi-murugappa.com/ |
| sia Abrasives Holding | View profile | 1001-5000 | Frauenfeld, Thurgau, Switzerland, Europe | https://www.siaabrasives.com/ |
Global bonded 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 bonded abrasives market will help companies and investors design strategic landscapes.
Grinding wheels was the largest segment with a revenue share of 53.25% in 2024. Horizon Databook has segmented the Global bonded abrasives market based on grinding wheels, cutting wheels, polishing wheels, other product types covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bonded Abrasives Product Type Outlook (Revenue, USD Million, 2018-2030)
- Grinding Wheels
- Cutting Wheels
- Polishing Wheels
- Other Product Types
- Global Bonded Abrasives End Use Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Building & Construction
- Fashion & Clothing
- Other End Uses
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bonded abrasives market , including forecasts for subscribers. This global databook contains high-level insights into Global bonded abrasives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bonded abrasives market size, by regions, 2018-2030 (US$M)
Top 10 countries: Bonded abrasives market size, 2024 (US$M)
Global bonded abrasives market share, by product type, 2024 & 2030 (%, US$M)
Bonded abrasives market: Opportunity assessment by country
Global bonded abrasives market, by region, 2024 (US$M)
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