According to data from the British Chamber of Commerce, a new market research report, Abrasives and Applications and Global Market Values, the global market value of abrasives in 2011 was $33.4 billion. The research report said that the market value is expected to grow to $43.8 billion in 2017, and the compound growth rate in 2011-2017 is 4.6%.
Abrasives, sanding discs, grinding wheels, sandpaper, polishing abrasive composite tools and deburring media are used to cut, polish and clean the surface of the product, or simply remove impurities and change the shape and size of the material and tools. The automotive, manufacturing, industrial, aerospace and construction industries are high volume users of abrasives. Although some industries use less, they are relatively valuable, such as chemical mechanical polishing, electronics industry and photovoltaic industry, mainly using abrasives for cutting and cutting.
Abrasives have established a very good global market, and the products and technologies of the industry have a long history, and gradually develop market applications. Several unique and innovative technologies are entering other common but mature product and technology markets. The British Chamber of Commerce study reports that in the coming decades, we will see the impact of those technologies on the market and create new industry blueprints for abrasive products.
The global market for abrasives is mainly defined as two parts: first, it consists of companies and companies, mainly producing and refining abrasives; second, the field of abrasives is used to produce abrasives, which have various uses, including grinding, Cutting and polishing. However, there are also some global companies that operate two production parts at the same time, often selling their abrasives to other abrasive manufacturers.
According to a comprehensive assessment of the technology market research report, the abrasive industry is closely related to the specific economic situation of specific industries and different countries. According to the British Chamber of Commerce research report, the global market value of abrasives in 2011 was 8.9 billion US dollars, and will reach 10.9 billion US dollars in 2017, with a compound growth rate of 3.4% in 2011-2017. The abrasives market grew slightly faster than abrasives, from $24.5 billion in 2011 to $32.9 billion in 2017, with a compound annual growth rate of 5.0%.
The research report deeply analyzes and predicts the future development of the global abrasives market, focusing on the detailed analysis of industry technologies, products and markets. On the basis of relevant analysis, from 2011 to 2017, the global abrasives industry has done Overall forecast. (Chinese abrasives net Ma Yanping translation)
Abrasives, sanding discs, grinding wheels, sandpaper, polishing abrasive composite tools and deburring media are used to cut, polish and clean the surface of the product, or simply remove impurities and change the shape and size of the material and tools. The automotive, manufacturing, industrial, aerospace and construction industries are high volume users of abrasives. Although some industries use less, they are relatively valuable, such as chemical mechanical polishing, electronics industry and photovoltaic industry, mainly using abrasives for cutting and cutting.
Abrasives have established a very good global market, and the products and technologies of the industry have a long history, and gradually develop market applications. Several unique and innovative technologies are entering other common but mature product and technology markets. The British Chamber of Commerce study reports that in the coming decades, we will see the impact of those technologies on the market and create new industry blueprints for abrasive products.
The global market for abrasives is mainly defined as two parts: first, it consists of companies and companies, mainly producing and refining abrasives; second, the field of abrasives is used to produce abrasives, which have various uses, including grinding, Cutting and polishing. However, there are also some global companies that operate two production parts at the same time, often selling their abrasives to other abrasive manufacturers.
According to a comprehensive assessment of the technology market research report, the abrasive industry is closely related to the specific economic situation of specific industries and different countries. According to the British Chamber of Commerce research report, the global market value of abrasives in 2011 was 8.9 billion US dollars, and will reach 10.9 billion US dollars in 2017, with a compound growth rate of 3.4% in 2011-2017. The abrasives market grew slightly faster than abrasives, from $24.5 billion in 2011 to $32.9 billion in 2017, with a compound annual growth rate of 5.0%.
The research report deeply analyzes and predicts the future development of the global abrasives market, focusing on the detailed analysis of industry technologies, products and markets. On the basis of relevant analysis, from 2011 to 2017, the global abrasives industry has done Overall forecast. (Chinese abrasives net Ma Yanping translation)
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