The Global Grinding Wheel Market is likely to ascend at a CAGR of 4% over the forecast period. The growth of the grinding wheel market is primarily attributed to high demand from the metalworking industry. Moreover, increasing demand for Specialty grinding wheels is also projected to drive the growth of the market during 2021-2027. However, the emergence of alternative grinding methods may hamper the market growth to some extent.
Grinding wheels are used to shape other materials, and are made by bonding together abrasive minerals in the form of a wheel. The abrasive material may be natural or synthetic, hardest or softest depending upon its use. The most common material used in the grinding wheels is aluminum oxide. Super-abrasives like diamond and cubic boron nitride are also used as abrasive agents in the grinding wheel.
With the rise in demand for high degree of precision in manufacturing, the demand for custom made specialty grinding wheels have witnessed an upward surge. These wheels are generally made of diamond and cubic boron nitride, and are applied in the cutting and shaping of engine parts in planes, ships and automobiles among others.
The precision grinding wheels are also used in medical industry in a number of applications. Diamond plated wheels are used in bone sawing, and a lot of other modern medical equipment are designed with the use of a grinding wheel. Moreover, Advanced technological applications in healthcare and aerospace industry have also led to the development of nanostructured grinding wheels.
Segment overview
On the basis of Abrasive Material, Aluminum Oxide is the most commonly used material. The Super Abrasives material segment is projected to grow at the high rate during the forecast period.
On the basis of region, The Asia-Pacific grinding wheel market is projected to grow at the high rate owing to increasing industrial and construction activities in the region. The Europe and North America market will witness increasing demand for Specialty grinding wheels during the forecast period.
The report provides detailed market outlook, and forecast of the “Global Grinding Wheel Market” based on Type, Bond Type, Abrasive Material, End-Use and Region. The grinding wheel report provides market outlook, revenue, sales, market trends, opportunities for growth in the market, strategic decisions by the key market players, and market shares among other details. Value chain analysis, SWOT analysis & PESTEL analysis of the grinding wheel market are provided in the report which can help formulate strategies for market entry and product expansion. The report also covers the impact of COVID-19 pandemic on the grinding wheel market.
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017, 2018, 2019 |
| Base Year | 2020 |
| Forecast Period | 2021-2027 |
| Units Considered | USD Million |
| Segmentation By Type |
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| Segmentation by Bond Type |
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| Segmentation by Abrasive Material |
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| Segmentation by End-Use |
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| Regions Covered |
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| Key Company Profiles | 3M Corporation, Saint-Gobain, KLINGSPOR Abrasives, ATLANTIC GMBH, Carborundum Universal Ltd, DEERFOS Co. Ltd., Robert Bosch, TYROLIT Group, Mirka Ltd., Hindustan Abrasives, NORITAKE CO.,LIMITED, Weiler Abrasives, August Rüggeberg among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Grinding Wheel Market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.3.1. Raw material trends
3.3.2. Manufacturing trends
3.4. Grinding Wheel Market: developed v/s developing countries
3.5. Market opportunities & trends
3.6. Market driver analysis
3.7. Market restraint analysis
3.8. Industry analysis - Porter's
3.8.1. Bargaining power of suppliers
3.8.2. Bargaining power of buyers
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Competitive rivalry
3.9. PESTEL analysis
3.10. SWOT analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. COVID-19 Implications
5.1. Industry impact of COVID-19 pandemic
5.1.1. Strategic decisions by market players due to COVID-1
5.1.2. Impact on supply chain
5.1.3. Conclusion
CHAPTER 6. Grinding Wheel Market Size and Forecast (2021 - 2027)
6.1. Grinding Wheel, By Type
6.1.1. Straight Wheel
6.1.2. Cylinder Wheels
6.1.3. Straight Cup Wheels
6.1.4. Flaring Cup Wheels
6.1.5. Dish Wheels
6.1.6. Others
6.2. Grinding Wheel, By Bond Type
6.2.1. Vitrified Bond
6.2.2. Resinoid Bond
6.2.3. Rubber Bond
6.2.4. Others
6.3. Grinding Wheel Market, By Abrasive Material
6.3.1. Aluminum Oxide
6.3.2. Silicon Carbide
6.3.3. Ceramic
6.3.4. Zirconia
6.3.5. Super Abrasives
6.3.6. Others
6.4. Grinding Wheel Market, By End-Use
6.4.1. Metalworking
6.4.2. Energy
6.4.3. Construction
6.4.4. Automotive & Transportation
6.4.5. Medical
6.4.6. Electronics
6.4.7. Specialty
6.4.8. Others
CHAPTER 7. Global Grinding Wheel Market Size and Forecast, By Region (2021 - 2027)
7.1. North America Grinding Wheel Market (USD Million)
7.1.1. North America Grinding Wheel Market, By Country (USD Million)
7.1.2. North America Grinding Wheel Market, By Type (USD Million)
7.1.3. North America Grinding Wheel Market, By Bond Type (USD Million)
7.1.4. North America Grinding Wheel Market, By Abrasive Material (USD Million)
7.1.5. North America Grinding Wheel Market, By End-Use (USD Million)
7.1.6. The U.S. Grinding Wheel Market (USD Million)
7.1.6.1. The U.S. Grinding Wheel Market, By Type (USD Million)
7.1.6.2. The U.S. Grinding Wheel Market, By Bond Type (USD Million)
7.1.6.3. The U.S. Grinding Wheel Market, By Abrasive Material (USD Million)
7.1.6.4. The U.S. Grinding Wheel Market, By End-Use (USD Million)
7.1.7. Canada Grinding Wheel Market (USD Million)
7.1.7.1. Canada Grinding Wheel Market, By Type (USD Million)
7.1.7.2. Canada Grinding Wheel Market, By Bond Type (USD Million)
7.1.7.3. Canada Grinding Wheel Market, By Abrasive Material (USD Million)
7.1.7.4. Canada Grinding Wheel Market, By End-Use (USD Million)
7.1.8. Mexico Grinding Wheel Market (USD Million)
7.1.8.1. Mexico Grinding Wheel Market, By Type (USD Million)
7.1.8.2. Mexico Grinding Wheel Market, By Bond Type (USD Million)
7.1.8.3. Mexico Grinding Wheel Market, By Abrasive Material (USD Million)
7.1.8.4. Mexico Grinding Wheel Market, By End-Use (USD Million)
7.2. Europe Grinding Wheel Market (USD Million)
7.2.1. Europe Grinding Wheel Market, By Country (USD Million)
7.2.2. Europe Grinding Wheel Market, By Type (USD Million)
7.2.3. Europe Grinding Wheel Market, By Bond Type (USD Million)
7.2.4. Europe Grinding Wheel Market, By Abrasive Material (USD Million)
7.2.5. Europe Grinding Wheel Market, By End-Use (USD Million)
7.2.6. Germany Grinding Wheel Market (USD Million)
7.2.6.1. Germany Grinding Wheel Market, By Type (USD Million)
7.2.6.2. Germany Grinding Wheel Market, By Bond Type (USD Million)
7.2.6.3. Germany Grinding Wheel Market, By Abrasive Material (USD Million)
7.2.6.4. Germany Grinding Wheel Market, By End-Use (USD Million)
7.2.7. The U.K Grinding Wheel Market (USD Million)
7.2.7.1. The U.K Grinding Wheel Market, By Type (USD Million)
7.2.7.2. The U.K Grinding Wheel Market, By Bond Type (USD Million)
7.2.7.3. The U.K Grinding Wheel Market, By Abrasive Material (USD Million)
7.2.7.4. The U.K Grinding Wheel Market, By End-Use (USD Million)
7.2.8. France Grinding Wheel Market (USD Million)
7.2.8.1. France Grinding Wheel Market, By Type (USD Million)
7.2.8.2. France Grinding Wheel Market, By Bond Type (USD Million)
7.2.8.3. France Grinding Wheel Market, By Abrasive Material (USD Million)
7.2.8.4. France Grinding Wheel Market, By End-Use (USD Million)
7.3. Asia-Pacific Grinding Wheel Market (USD Million)
7.3.1. Asia-Pacific Grinding Wheel Market, By Country (USD Million)
7.3.2. Asia-Pacific Grinding Wheel Market, By Type (USD Million)
7.3.3. Asia-Pacific Grinding Wheel Market, By Bond Type (USD Million)
7.3.4. Asia-Pacific Grinding Wheel Market, By Abrasive Material (USD Million)
7.3.5. Asia-Pacific Grinding Wheel Market, By End-Use (USD Million)
7.3.6. Australia Grinding Wheel Market (USD Million)
7.3.6.1. Australia Grinding Wheel Market, By Type (USD Million)
7.3.6.2. Australia Grinding Wheel Market, By Bond Type (USD Million)
7.3.6.3. Australia Grinding Wheel Market, By Abrasive Material (USD Million)
7.3.6.4. Australia Grinding Wheel Market, By End-Use (USD Million)
7.3.7. China Grinding Wheel Market (USD Million)
7.3.7.1. China Grinding Wheel Market, By Type (USD Million)
7.3.7.2. China Grinding Wheel Market, By Bond Type (USD Million)
7.3.7.3. China Grinding Wheel Market, By Abrasive Material (USD Million)
7.3.7.4. China Grinding Wheel Market, By End-Use (USD Million)
7.3.8. India Grinding Wheel Market (USD Million)
7.3.8.1. India Grinding Wheel Market, By Type (USD Million)
7.3.8.2. India Grinding Wheel Market, By Bond Type (USD Million)
7.3.8.3. India Grinding Wheel Market, By Abrasive Material (USD Million)
7.3.8.4. India Grinding Wheel Market, By End-Use (USD Million)
7.3.9. Japan Grinding Wheel Market (USD Million)
7.3.9.1. Japan Grinding Wheel Market, By Type (USD Million)
7.3.9.2. Japan Grinding Wheel Market, By Bond Type (USD Million)
7.3.9.3. Japan Grinding Wheel Market, By Abrasive Material (USD Million)
7.3.9.4. Japan Grinding Wheel Market, By End-Use (USD Million)
7.3.10. South Korea Grinding Wheel Market (USD Million)
7.3.10.1. South Korea Grinding Wheel Market, By Type (USD Million)
7.3.10.2. South Korea Grinding Wheel Market, By Bond Type (USD Million)
7.3.10.3. South Korea Grinding Wheel Market, By Abrasive Material (USD Million)
7.3.10.4. South Korea Grinding Wheel Market, By End-Use (USD Million)
7.4. Central & South America (CSA) Grinding Wheel Market (USD Million)
7.4.1. Central & South America (CSA) Grinding Wheel Market, By Country (USD Million)
7.4.2. Central & South America (CSA) Grinding Wheel Market, By Type (USD Million)
7.4.3. Central & South America (CSA) Grinding Wheel Market, By Bond Type (USD Million)
7.4.4. Central & South America (CSA) Grinding Wheel Market, By Abrasive Material (USD Million)
7.4.5. Central & South America (CSA) Grinding Wheel Market, By End-Use (USD Million)
7.4.6. Brazil Grinding Wheel Market (USD Million)
7.4.6.1. Brazil Grinding Wheel Market, By Type (USD Million)
7.4.6.2. Brazil Grinding Wheel Market, By Bond Type (USD Million)
7.4.6.3. Brazil Grinding Wheel Market, By Abrasive Material (USD Million)
7.4.6.4. Brazil Grinding Wheel Market, By End-Use (USD Million)
7.5. Middle East & Africa (MEA) Grinding Wheel Market (USD Million)
7.5.1. Middle East & Africa (MEA) Grinding Wheel Market, By Country (USD Million)
7.5.2. Middle East & Africa (MEA) Grinding Wheel Market, By Type (USD Million)
7.5.3. Middle East & Africa (MEA) Grinding Wheel Market, By Bond Type (USD Million)
7.5.4. Middle East & Africa (MEA) Grinding Wheel Market, By Abrasive Material (USD Million)
7.5.5. Middle East & Africa (MEA) Grinding Wheel Market, By End-Use (USD Million)
7.5.6. Saudi Arabia Grinding Wheel Market (USD Million)
7.5.6.1. Saudi Arabia Grinding Wheel Market, By Type (USD Million)
7.5.6.2. Saudi Arabia Grinding Wheel Market, By Bond Type (USD Million)
7.5.6.3. Saudi Arabia Grinding Wheel Market, By Abrasive Material (USD Million)
7.5.6.4. Saudi Arabia Grinding Wheel Market, By End-Use (USD Million)
7.5.7. Egypt Grinding Wheel Market (USD Million)
7.5.7.1. Egypt Grinding Wheel Market, By Type (USD Million)
7.5.7.2. Egypt Grinding Wheel Market, By Bond Type (USD Million)
7.5.7.3. Egypt Grinding Wheel Market, By Abrasive Material (USD Million)
7.5.7.4. Egypt Grinding Wheel Market, By End-Use (USD Million)
7.5.8. Qatar Grinding Wheel Market (USD Million)
7.5.8.1. Qatar Grinding Wheel Market, By Type (USD Million)
7.5.8.2. Qatar Grinding Wheel Market, By Bond Type (USD Million)
7.5.8.3. Qatar Grinding Wheel Market, By Abrasive Material (USD Million)
7.5.8.4. Qatar Grinding Wheel Market, By End-Use (USD Million)
CHAPTER 8. Key Players and Strategic Developments
8.1. 3M Corporation
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. Saint-Gobain
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. KLINGSPOR Abrasives
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. ATLANTIC GMBH
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. Carborundum Universal Ltd
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. DEERFOS Co. Ltd.
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. Robert Bosch
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. TYROLIT Group
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. Mirka Ltd.
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. Hindustan Abrasives
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. NORITAKE CO.,LIMITED
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments
8.12. Weiler Abrasives
8.12.1. Business Overview
8.12.2. Product and Service Offering
8.12.3. Financial Overview
8.12.4. Strategic Developments
8.13. August Rüggeberg
8.13.1. Business Overview
8.13.2. Product and Service Offering
8.13.3. Financial Overview
8.13.4. Strategic Developments
