PUBLISHER: KBV Research | PRODUCT CODE: 1519553
PUBLISHER: KBV Research | PRODUCT CODE: 1519553
The Europe Abrasive Paper Market would witness market growth of 3.7% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 1,054.62 kilo tonnes showcasing a growth of 19.05% (2020-2023).
Abrasive paper tailored for painting and finishing is designed to efficiently remove imperfections, blemishes, and old paint layers from various surfaces, including wood, metal, and plastic. By providing a uniform and textured surface, abrasive paper ensures optimal adhesion of paint and coatings, resulting in durable and aesthetically pleasing finishes. Thus, the Germany market is expected to utilize 6 61.07 kilo tonnes of abrasive paper in painting and finishing application by 2031.
The Germany market dominated the Europe Abrasive Paper Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $346.9 million by 2031. The UK market is exhibiting a CAGR of 2.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 4.6% during (2024 - 2031).
The automotive industry relies heavily on this for paint preparation, surface blending, and refinishing. Whether in collision repair shops or automotive manufacturing facilities, it is instrumental in achieving flawless paint finishes, removing imperfections, and restoring damaged surfaces to their original condition. Its versatility and effectiveness make it essential to the automotive refinishing process.
Likewise, electronics manufacturing represents another key sector where it finds application. From semiconductor fabrication to printed circuit board (PCB) assembly, it is used for surface preparation, cleaning, and polishing electronic components. Its ability to remove oxides, contaminants, and sensureirregularities ensures optimal performance and reliability of electronic devices, making it indispensable in the high precision of electronics manufacturing.
As the wood-related industry expands in Europe, there is an increasing demand for its products used in surface preparation and finishing tasks. This is essential for sanding, smoothing, and shaping wood surfaces in furniture manufacturing, cabinetry, flooring, woodworking, and construction. The higher demand for wood surface preparation drives the consumption of abrasive paper products in the European market. According to Eurostat, the EU has been a net exporter of roundwood in the past four years; exports to non-EU countries surpass imports by 12.5 million in 2022. 25% of the EU's roundwood production in 2022 was used as fuelwood, the rest was used for sawn wood and veneers, pulp, and paper production.
Based on Application, the market is segmented into Wood Processing, Metal Polishing, Automotive Polishing, Painting & Finishing, Electronic Product, and Others. Based on Abrasive Grain, the market is segmented into Aluminium Oxide, Silicon Carbide, Diamond, Zirconia Alumina, and Others. Based on Type, the market is segmented into Dry Abrasive Paper, Wet Abrasive Paper, Sponge Abrasive Paper, Dust Free, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Abrasive Paper Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Abrasive Grain (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)