Global Abrasive Wheel Market 2018: Rapid Growth in Automotive Industry and Increase in the Demand for Higher Finished Parts

The Insight Partners Published, “Abrasive Wheels Market to 2025 – Global Analysis and Forecasts by Product (Bonded Wheels and Super Abrasive Wheels) and Material Type (Aluminum Oxide, Zirconia Alumina, Silicon Carbide, and Ceramic Aluminum Oxide)” report to their offering.

April 17, 2018 /MarketersMedia/ —

The market for abrasive wheels is at its growing phase in many developing countries owing to its applications in wide range of industries. The market is further expected to flourish in North America and Europe with the growing demand and production of automotive in this regions. Global abrasive wheels market is expected to grow from US$ 10,280.8 million in 2017 to US$ 16,400.0 million by 2025 growing at a CAGR of 6.1% from 2018 to 2025. One of the key factor propelling the market growth for abrasive wheels is the rapid growth in automotive industry and increase in the demand for higher finished parts. Further, increase in research & development activities is fostering the growth of the market.

FREE | Request Sample Copy is Available at http://www.theinsightpartners.com/sample/TIPTE100000863

The report focuses on in-depth segmentation of this market based by product, material type, and regions. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By product, bonded abrasive wheels accounted for the largest share of the abrasive wheels market in 2017, whereas Europe region is expected to grow at the highest CAGR during the forecast period.

The report aims to provide an overview of global abrasive wheels market with detailed market segmentation. Also, it analyzes the current abrasive wheels market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST along with the SWOT analysis for all company profiled in the report.

Inquire for Detail Facts and Figures at http://www.theinsightpartners.com/inquiry/TIPTE100000863

Asia-Pacific is one of the prominent regions in abrasive wheels market which is contributing highest revenue globally due to rapid growth in industrial sector, increase in urbanization, and availability of economical labor. Substantial growth in vehicle production in Europe and presence of wide range of companies is also propelling the market for abrasive wheels market. Also, Europe region is expected to grow with highest CAGR during the forecast period, with Germany contributing the major share.

Some of the major players operating in the market include 3M Company, Saint-Gobain, Super Abrasives, Noritake, Klingspor Abrasives, DSA Products Ltd., Andre Abrasive Articles, Deerfos, Camel Grinding Wheels, and Tyrolit Group.

Access Complete Report With TOC and Company Profiles at http://www.theinsightpartners.com/reports/abrasive-wheels-market

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Info:
Name: Sameer Joshi
Email: sales@theinsightpartners.com
Organization: The Insight Partners
Phone: +1-646-491-9876

Source URL: https://marketersmedia.com/global-abrasive-wheel-market-2018-rapid-growth-in-automotive-industry-and-increase-in-the-demand-for-higher-finished-parts/332063

For more information, please visit http://www.theinsightpartners.com/reports/abrasive-wheels-market

Source: MarketersMedia

Release ID: 332063

Latest News

New Thai party leaders report to police over online charge

Sep 20, 2018

BANGKOK — Leaders of a new Thai political party that strongly opposes military rule appeared before police Monday to hear charges over a Facebook video broadcast that authorities allege violated the law. Future Forward party leader Thanathorn Juangroongruangkit said he and the two other party members asked to submit written statements to police in 45 days and refused to provide statements because it was the first time they had seen details of the charge. Acting on a complaint filed by the ruling junta, police in August charged the three with violating a section of the law that makes it a...

Vietnam's capital urges residents to stop eating dog meat

Sep 20, 2018

HANOI, Vietnam — Authorities in Vietnam's capital are urging residents to stop eating dog meat because it hurts the city's image and improper raising and slaughtering of the animals could spread rabies. For many Vietnamese, dog meat is a delicacy that is thought to increase stamina. Hanoi Vice Mayor Nguyen Van Suu said in a message published Tuesday on the city's website that slaughtering and consuming dog and cat meat are disturbing to foreigners and "negatively impact the image of a civilized and modern capital." Suu instructed local governments to raise awareness of the risk of rabies when raising dog...

Wildlife group: Exotic pets trade activity rises on Facebook

Sep 20, 2018

BANGKOK — A wildlife monitoring group says research it has conducted since 2016 has found a sharp increase in the number of people belonging to Facebook groups in Thailand where endangered animals are bought and sold. The monitoring network TRAFFIC said its researchers found 1,521 animals for sale online in 12 Facebook groups in Thailand in less than a month of monitoring in 2016. Follow-up research on the same 12 groups showed that at least nine were still active in July this year, with one becoming secret, and their overall membership had increased to 203,445 from 106,111. Maethinee Phassaraudomsak, data...

Thai cave boys feted by prime minister in trip to capital

Sep 20, 2018

BANGKOK — It was show time Thursday for the 12 boys and their 25-year-old soccer coach who were trapped for almost three weeks in a flooded cave in northern Thailand as they spoke at a public exhibition in one of Bangkok's largest malls. That was just the start of the day for the small-town kids in the big-city capital. Later they were guests of honor at a gala outdoor reception hosted by Prime Minister Prayuth Chan-ocha and his wife that honored those involved in the dangerous and dramatic rescue of the members of the Wild Boars soccer team. The exhibition,...

Bach: No Olympic future for esports until 'violence' removed

Sep 20, 2018

JAKARTA, Indonesia — International Olympic Committee President Thomas Bach isn't certain if, or when, esports might be incorporated into the Olympic Games. But he was clear in an interview with The Associated Press at the Asian Games on Saturday about the need to meet some conditions before being considered. "We cannot have in the Olympic program a game which is promoting violence or discrimination," he told the AP. "So-called killer games. They, from our point of view, are contradictory to the Olympic values and cannot therefore be accepted." Esports is being held for the first time at the Asian Games...

Sign up now!