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

UN finds 486 million in Asia still hungry, progress stalled

Dec 10, 2018

BANGKOK — A United Nations report says some 486 million people are malnourished in Asia and the Pacific and progress in alleviating hunger is stalling. The report by the Food and Agricultural Organization released Friday said more than half of all children in the world who are malnourished live in the region. It says hunger-related stunting that causes permanent damage is being worsened by food insecurity and inadequate sanitation, even in big cities in relatively affluent countries. It says the main reason people still go hungry is poverty and unequal access to good food, clean water and toilets. Many who...

Indonesian airline whose plane crashed a low-cost high flyer

Dec 10, 2018

BANGKOK — Lion Air, the airline whose plane crashed early Monday while traveling from Jakarta to an island off Indonesia's Sumatra with 189 people on board, is a fast-growing low cost airline with a mixed safety record. The privately-owned carrier was founded in 1999 to provide access to air travel to everyone. It offers dozens of flights a day both internationally and within the archipelago's more than 17,000 islands. The biggest airline in the country in terms of passenger numbers and one of the largest low-cost carriers after Malaysia-based AirAsia, it mostly flies Boeing 737s. Before Monday's crash the airline...

Former No. 1 Wozniacki has rheumatoid arthritis

Dec 10, 2018

SINGAPORE — Caroline Wozniacki was diagnosed with rheumatoid arthritis before the U.S. Open, the Danish tennis player revealed at the WTA Finals on Thursday. She made the announcement after being eliminated from the year-end competition following a 5-7, 7-5, 6-3 loss to Elina Svitolina in her third round-robin match. "It turns out that I have an autoimmune disease, rheumatoid arthritis, which goes in and attacks your joints," she said. "When the body has a lot of fluids in it and you swell up, you get tired, you get exhausted, all these things. "In the beginning, it was a shock. You...

Brit, Canadian face 10 years in jail for spraying Thai wall

Dec 10, 2018

BANGKOK — A Briton and Canadian face up to 10 years in prison on charges of spraying paint on an ancient wall in northern Thailand, police said Friday. Security camera footage purportedly showed Furlong Lee and Canadian Brittney Lorretta Katherine Schneider, both 23, spraying a message on the walls of the Tha Pae Gate in the northern province of Chiang Mai at around 4 a.m. Thursday. Pol Col. Teerasak Sriprasert, chief of the Chiang Mai police, said that the tourists are in custody and have been charged with vandalizing registered ancient artifacts, which carries a penalty of up to 10...

US defense secretary sees the enduring costs of Vietnam War

Dec 10, 2018

BIEN HOA, Vietnam — U.S. Defense Secretary Jim Mattis is getting a firsthand look at the enduring costs of fighting the Vietnam War. Mattis visited an air base north of Ho Chi Minh City that was heavily contaminated in the late 1960s and early 1970s by American forces through storage and spillage of the chemical defoliant Agent Orange. Four years ago the U.S. pledged to clean and restore the parts of Bien Hoa (bee-yen WAH') air base that were contaminated. The U.S. Agency for International Development soon will begin a soil restoration project at the base estimated to take several...

Sign up now!