Global Grinding Wheel Market Insights, Forecast to 2025

Global Grinding Wheel Market Insights, Forecast to 2025

  • QYResearch
  • January 2018
  • Machinery
  • 126 pages

Report Description

Grinding wheels are generally composed of an abrasive compound and used in a variety of grinding and abrasive machining operations, and such wheels are widely used in grinding machines. The wheels are primarily made from a composite material that consists of a coarse-particle aggregate, pressed and bonded together by a cementing matrix to form a solid, generally a circular shape product.
The growth in the automotive industry will be one of the major factors that will have a positive impact on the growth of this market. Technavios market research analysts predict that this market will grow at a CAGR of more than 5% by 2021. The demand for grinding wheels in the automotive industry is high due to their ability to offer precise, improved quality, and well-finished products. These wheels offer better results with computer numerical control (CNC) driven grinding machines as the utilization of software can help in the manufacturing complex designs. Grinding wheels used in automobile applications include many vehicle systems, such as crankshafts, steering racks, valves, shock absorbers, steering parts, and wheels. Continuous growth of the automotive industry and new investments is estimated to positively impact the global grinding wheel market during the forecast period.
APAC will be the major revenue contributor to the grinding wheel market throughout the forecast period. The rising industrial and economic development along with the growth in the number of companies planning to integrate thegrinding wheel technologywill drive the growth of the market in this region.
The Grinding Wheel market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Grinding Wheel.

This report presents the worldwide Grinding Wheel market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Carborundum Universal Limited (CUMI)
Camel Grinding Wheels Works Sarid
SHIN-EI Grinding Wheels
DSA Products
Andre Abrasive Articles
DK Holdings
Thai GCI Resitop
Wendt (India)
Hitachi Koki

Grinding Wheel Breakdown Data by Type
Flat Wheel
Bevel Edge Grinding Wheel
Cylindrical Grinding Wheel
Cup Wheel
Disc Wheel
Grinding Wheel Breakdown Data by Application

Grinding Wheel Production by Region
United States
Other Regions

Grinding Wheel Consumption by Region
North America
United States
South Korea
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Grinding Wheel status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Grinding Wheel manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Grinding Wheel :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Grinding Wheel market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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Table of Contents
1 Study Coverage
1.1 Grinding Wheel Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
List of Tables and Figures
Figure Grinding Wheel Product Picture
Table Grinding Wheel Key Market Segments in This Study
Table Key Manufacturers Grinding Wheel Covered in This Study
Table Global Grinding Wheel Market Size Growth Rate by Type 2019-2025 (K Units) & (Million US$)
Figure Global Grinding Wheel Production Market Share 2014-2025

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