Abrasive Paper Market Report: Trends, Forecast and Competitive Analysis to 2030

Abrasive Paper Trends and Forecast

The future of the global abrasive paper market looks promising with opportunities in the wood processing, automotive polishing, metal polishing, painting & finishing, and electronic product markets. The global abrasive paper market is expected to reach an estimated $3.1 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are significantly growing metal fabrication and metalworking industries and increasing emphasis on sustainable and eco-friendly practices.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Abrasive Paper by Segment

The study includes a forecast for the global abrasive paper by type, abrasive grain, application, and region.

Abrasive Paper Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Dust Free
• Dry Abrasive Paper
• Sponge Abrasive Paper
• Wet Abrasive Paper
• Others

Abrasive Paper Market by Abrasive Grain [Shipment Analysis by Value from 2018 to 2030]:

• Aluminum Oxide
• Silicon Carbide
• Zirconia Alumina
• Diamond
• Others

Abrasive Paper Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Wood Processing
• Automotive Polishing
• Metal Polishing
• Painting & Finishing
• Electronic Product
• Others

Abrasive Paper Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Abrasive Paper Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies abrasive paper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the abrasive paper companies profiled in this report include-

• Bosch
• 3M
• Mirka
• Saint-Gobain
• VSM
• HERMES Schleifmittel
• MISUMI
• Deerfos
• Klingspor
• Sia Abrasives Industries

Abrasive Paper Market Insights

Lucintel forecasts that dry abrasive paper will remain the largest segment over the forecast period due to ongoing advancements and creativity in manufacturing methodologies.

Within this market, wood processing will remain the largest segment.

APAC is expected to witness the highest growth over the forecast period due to rise in the utilization of cutting-edge technologies and automation in manufacturing processes within this region.

Features of the Global Abrasive Paper Market

Market Size Estimates: Abrasive paper market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Abrasive paper market size by type, abrasive grain, application, and region in terms of value ($B).

Regional Analysis: Abrasive paper market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, abrasive grain, applications, and regions for the abrasive paper market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the abrasive paper market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the abrasive paper market size?

Answer: The global abrasive paper market is expected to reach an estimated $3.1 billion by 2030.

Q2. What is the growth forecast for abrasive paper market?

Answer: The global abrasive paper market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the abrasive paper market?

Answer: The major drivers for this market are significantly growing metal fabrication and metalworking industries and increasing emphasis on sustainable and eco-friendly practices.

Q4. What are the major segments for abrasive paper market?

Answer: The future of the abrasive paper market looks promising with opportunities in the wood processing, automotive polishing, metal polishing, painting & finishing, and electronic product markets.

Q5. Who are the key abrasive paper market companies?

Answer: Some of the key abrasive paper companies are as follows:

• Bosch
• 3M
• Mirka
• Saint-Gobain
• VSM
• HERMES Schleifmittel
• MISUMI
• Deerfos
• Klingspor
• Sia Abrasives Industries

Q6. Which abrasive paper market segment will be the largest in future?

Answer: Lucintel forecasts that dry abrasive paper will remain the largest segment over the forecast period due to ongoing advancements and creativity in manufacturing methodologies.

Q7. In abrasive paper market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness the highest growth over the forecast period due to rise in the utilization of cutting-edge technologies and automation in manufacturing processes within this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the abrasive paper market by type (dust free, dry abrasive paper, sponge abrasive paper, wet abrasive paper, and others), abrasive grain (aluminum oxide, silicon carbide, zirconia alumina, diamond, and others), application (wood processing, automotive polishing, metal polishing, painting & finishing, electronic product, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?