Non-Woven Abrasive Market Revenue - Analysis, Growth, Size, Share, Company Profiles and Overview 2023

Market Segmentation:

Global Non-Woven Abrasive Market Revenue has been segmented based on Target Substrate and End Use.

Based on Target Substrate, the Non-Woven Abrasive Market is segmented into metal, glass, plastic, composite, and wood.

Based on End Use, the Global Non-Woven Abrasive Market is segmented into transportation, building & construction, electrical & electronics, industrial machinery, and others. The transportation segment is anticipated to project fastest growth in the Global Non-Woven Abrasive Market during the forecast period.

Competitive Dashboard:

The Global Non-Woven Abrasive Market is highly competitive due to the presence of large number of players that are focusing on business expansion through innovative product launch by increasing the research and development expenditure. The strategic mergers and acquisitions are aiding the players to sustain the competitive environment of the Global Non-Woven Abrasive Market.

The prominent players profiled by MRFR in the report on the Global Non-Woven Abrasive Market 3M (the U.S.), Saint-Gobain 1998-2017 (the U.S.), Mirka Ltd. (Canada), Sia Abrasives Industries AG (the U.K.), DEWALT (the U.S.), Hermes Schleifmittel GmbH (Germany), ARC ABRASIVES, INC. (the U.S.), Zhengzhou Kingshark Abrasives Co., Ltd. (China), NIHON KENSHI Co., LTD (Japan), Kanai Juyo Kogyo Co. Ltd. (Japan), Jiangsu Sanling Abrasive Co., Ltd. (China), Tailin (Philippines) and others.

Market Overview:

Non-Woven Abrasives are primarily used for surface finishing of metal parts and for cleaning. These abrasives are made of open nylon filament web that is embedded with the grains of aluminum oxides, diamond, zircon and carbon. According to the recently published report by Market Research Future (MRFR), the Global Non-Woven Abrasive Market is registered to expand at a notable CAGR of 6.5% during the forecast period of 2017-2023.

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Market Drivers and Restraints:

The extensive use of Non-Woven Abrasives for performing various operations such as deburring and cleaning to provide finishing on different metallic and non-metallic surfaces is majorly driving the Global Non-Woven Abrasive Market. Non-Woven Abrasives can be used on wide range of metals such as brass, copper, nickel, aluminum, stainless steel, titanium and others, and are also used on hard-to-grind materials such as glass, plastic and ceramic. This wide application range of Non-Woven Abrasives is inducing high demand for these abrasives in various industrial sectors, which in turn is fueling the growth of the Global Non-Woven Abrasive Market.

Non-Woven Abrasives are being used in various end-use industries such as building and construction, transportation, electrical and electronics, industrial machinery and others. Rapid infrastructural development and expansion of transportation and electronics industries are generating demand for Non-Woven Abrasives in the global market, leading to the expansion of the Global Non-Woven Abrasive Market. However, the raw materials that are used for making Non-Woven Abrasives are derived from crude oil. Hence, the fluctuation in the price of crude oil is majorly restraining the growth of the Global Non-Woven Abrasive Market. 

Regional Analysis:

Geographically, the Global Non-Woven Abrasive Market has been segmented into five major regions such as Asia-Pacific, North America, Europe, Middle East and Africa and Latin America. The Non-Woven Abrasive Market in the Asia-Pacific region is both largest and fastest growing market and it accounts for the major share of over 40% in the Global Non-Woven Abrasive Market. The upsurge in demand for the Non-Woven Abrasives by major end-use industries such as electrical and electronics, automotive, building and construction and others are fueling the growth of the Non-Woven Abrasive Market in this region.

Rapid expansion of transportation industry and increasing construction activities in the North America region are leading to the significant expansion of the Non-Woven Abrasive Market in this region. Europe, being the leading region in automobile production, is projecting noteworthy growth in the Global Non-Woven Abrasive Market.

The Non-Woven Abrasive Market in the Middle East and Africa region is anticipated to expand at a steady pace during the forecast period. Whereas, pacifying political and economic instabilities are impacting positively on the expansion of Non-Woven Abrasives Market in the Latin America region. 

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Non-Woven Abrasive Market 2018 | Industry Sales, Supply and Consumption Analysis and Forecasts to 2023

Market Overview:

Non-Woven Abrasives are primarily used for surface finishing of metal parts and for cleaning. These abrasives are made of open nylon filament web that is embedded with the grains of aluminum oxides, diamond, zircon and carbon. According to the recently published report by Market Research Future (MRFR), the Global Non-Woven Abrasive Market is registered to expand at a notable CAGR of 6.5% during the forecast period of 2017-2023.

Market Drivers and Restraints:

The extensive use of Non-Woven Abrasives for performing various operations such as deburring and cleaning to provide finishing on different metallic and non-metallic surfaces is majorly driving the Global Non-Woven Abrasive Market. Non-Woven Abrasives can be used on wide range of metals such as brass, copper, nickel, aluminum, stainless steel, titanium and others, and are also used on hard-to-grind materials such as glass, plastic and ceramic. This wide application range of Non-Woven Abrasives is inducing high demand for these abrasives in various industrial sectors, which in turn is fueling the growth of the Global Non-Woven Abrasive Market.

Non-Woven Abrasives are being used in various end-use industries such as building and construction, transportation, electrical and electronics, industrial machinery and others. Rapid infrastructural development and expansion of transportation and electronics industries are generating demand for Non-Woven Abrasives in the global market, leading to the expansion of the Global Non-Woven Abrasive Market. However, the raw materials that are used for making Non-Woven Abrasives are derived from crude oil. Hence, the fluctuation in the price of crude oil is majorly restraining the growth of the Global Non-Woven Abrasive Market.

Market Segmentation:

The Global Non-Woven Abrasive Market has been segmented on the basis of Target Substrate and End Use. Based on Target Substrate, the non-woven abrasive market is segmented into metal, glass, plastic, composite, and wood. Based on End Use, the Global Non-Woven Abrasive Market is segmented into transportation, building & construction, electrical & electronics, industrial machinery, and others. The transportation segment is anticipated to project fastest growth in the global non-woven abrasive market during the forecast period.

Regional Analysis:

Geographically, the Global Non-Woven Abrasive Market has been segmented into five major regions such as Asia-Pacific, North America, Europe, Middle East and Africa and Latin America. The Non-Woven Abrasive Market in the Asia-Pacific region is considered to be both largest and fastest growing market and it accounts for the major share of over 40% in the Global Non-Woven Abrasive Market. The upsurge in demand for the Non-Woven Abrasives by major end-use industries such as electrical and electronics, automotive, building and construction and others are fueling the growth of the non-woven abrasive market in this region.

Rapid expansion of transportation industry and increasing construction activities in the North America region are leading to the significant expansion of the Non-Woven Abrasive Market in this region. Europe, being the leading region in automobile production, is projecting noteworthy growth in the Global Non-Woven Abrasive Market.

The Non-Woven Abrasive Market in the Middle East and Africa region is anticipated to expand at a steady pace during the forecast period. Whereas, pacifying political and economic instabilities are impacting positively on the expansion of Non-Woven Abrasives Market in the Latin America region.

Competitive Dashboard:

The Global Non-Woven Abrasive Market is highly competitive due to the presence of large number of players that are focusing on business expansion through innovative product launch by increasing the research and development expenditure. The strategic mergers and acquisitions are aiding the players to sustain the competitive environment of the Global Non-Woven Abrasive Market.

The prominent players profiled by MRFR in the report on the Global Non-Woven Abrasive Market 3M (the U.S.), Saint-Gobain 1998-2017 (the U.S.), Mirka Ltd. (Canada), Sia Abrasives Industries AG (the U.K.), DEWALT (the U.S.), Hermes Schleifmittel GmbH (Germany), ARC ABRASIVES, INC. (the U.S.), Zhengzhou Kingshark Abrasives Co., Ltd. (China), NIHON KENSHI Co., LTD (Japan), Kanai Juyo Kogyo Co. Ltd. (Japan), Jiangsu Sanling Abrasive Co., Ltd. (China), Tailin (Philippines) and others.

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Non-Woven Abrasive Market 2018 | Technology, Applications, Growth and Region Forecast 2023

Non-Woven Abrasives material is a three-dimensional abrasive, made from open nylon filament web with abrasive grain bonded to it. Non-Woven Abrasives are manufactured when abrasive grains are fused with nylon fibers and are bonded together with the help of synthetic resins such as phenolic, epoxy, and others. These abrasives are made up of aluminum oxide, carbides, diamonds, and zirconia. It comes with many advantages such as greater resilience, more comfort, water resistance, and non-rusting due to which it is majorly used in portable grinding, sanding and finishing operations. Non-Woven Abrasives are primarily used in a number of industrial applications such as cleaning and finishing the metal parts. It plays a vital role in giving surface finish and shape for the required material. They are broadly classified into bonded, coated, loose abrasive grains, super abrasives, non-woven, and others. Non-Woven Abrasives are used for commercial purposes in a number of major industries such as aerospace, automotive, construction, cookware, and medical industries, wherein it is used for polishing of surfaces, buffing, honing, and sanding of the substrate material. 

Global transportation market is growing at highest CAGR, among other end use industries in the Global Non-Woven Abrasive Market, during the forecast period, which is attributed to ever increasing trade around the world. During the forecast period electrical and electronics market is expected to flourish owing to the growing demand of portable and other electronic devices and rising applications of abrasives in electrical industry. This is turn is anticipated to fuel demand of the Non-Woven Abrasive in coming years. The developing countries along with developed economies are rapidly taking up infrastructural developments, wherein Non-Woven Abrasive is majorly used.
Automotive industry around the world is flourishing with increasing demand of vehicles mainly from developing countries. Electric vehicles market is witnessing a steady growth due to the growing environmental concern and regulatory norms against the conventional fuel based automobiles around the world. Moreover, the Global Abrasive Market has been estimated to grow at considerably higher CAGR of nearly 6.5% during 2017 to 2023 to drive demand of the products forward. However, the major bottlenecks in the growth trajectory of the Global Non-Woven Abrasive Market which is needed to be taken under consideration is, the continuous volatility in crude oil prices which may negatively affect resin prices and indirectly affects Non-Woven Abrasives Industry. 

Regional Analysis: 

There are five key regions in which the Global Non-Woven Abrasive Market is divided into. It includes Asia Pacific, Europe, North America, Europe, Middle East & Africa, and Latin America. Among them Asia Pacific is both the largest and the fastest growing region in the Global Non-Woven Abrasive Market. This region accounts for over 40% share of the overall Non-Woven Abrasive Market. India and China are the leading market in this region owing to the surge in demand of the product by major and emerging end use industries such as electrical & electronics and automotive, along with building & construction. North America is the second most substantial region in the Global Non-Woven Abrasive Market with U.S. leading the region. This is attributed to the growing transportation industry and reconstruction activities in this region. After North America, Europe is the significant region, in terms market size. Countries namely Germany, U.K., France and Italy are the major markets in this region. Europe is leading the overall production of vehicle and it is expected to increase even further during the forecast period to fuel the demand of non-woven abrasive in this region. The Middle East & Africa is projected to grow at significantly higher CAGR in coming years, due to the increasing construction activities to cater flourishing tourism industry. Lastly, Latin America is emerging out of political and economic unrest to join the mainstream with the leading regions in the Global Non-Woven Abrasive Market. 

Segmentation: 

The Non-Woven Abrasive Market has been segmented on the basis of Target Substrate, End Use, and Region.

Based on Target Substrate the market is divided into metal, glass, plastic, composite, and wood.
On the basis of End Use, the Global Non-Woven Abrasive Market is segmented into transportation, building & construction, electrical & electronics, industrial machinery, and others.

Geographically, the Global Non-Woven Abrasive Markets is divided into five key regions including Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. 

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Non-Woven Abrasive Market 2017: Trends, Size, Share, Growth and Forecast 2023

Market Segmentation:
The Global Non-Woven Abrasive Market is segmented on the target substrate, end use, and region. On the basis of target substrate the market is divided into metal, glass, plastic, composite, and wood. Among these types of substrate the metal segment is holding major share of market on account of an increasing demand of abrasives in shaping, smoothing, and cleaning of metal parts in vast number of industries. The major end users such as automotive, railway, construction and other industries are heavily dependent on use of non-woven abrasive during cleaning and maintenance operations. This is projected to boost growth of the Global Non-Woven Abrasive during the forecast period. Apart from metal substrate, glass and wood segments are also holding significant share of the market with an increasing demand of these materials in numerous industries.

Based on end use, the Global Non-Woven Abrasive Market is segmented into transportation, building & construction, electrical & electronics, industrial machinery, and others. Global transportation industry is growing at highest rate among the other end users of Non-Woven Abrasive, which is attributed to an ever increasing demand of automotive and aircrafts from developing countries, along with the rising trading around the world. Construction activities are constantly heading north on account of increasing need of better infrastructure and shelter to the rapidly growing population, which may witness growth in demand of Non-Woven Abrasive during the review period There is a steady rise in penetration of electricity in hitherto untapped remote areas, which is expected to fuel the demand of the product in this sector. In coming years the use electric vehicle and portable electronics industry is anticipated to rise manifolds to propel growth of the Global Non-Woven Abrasive Market. Moreover, rapid industrialization in developing countries would increase the demand of non-woven abrasive in manufacturing and maintaining industrial machinery.

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Market Overview:
Non-Woven Abrasive are generally made up of an open nylon filament web to which abrasive grain is bonded. It exhibits many advantageous properties such as greater resilience, comfort, resistance to water, and non-rusting anility, which driving its use in portable grinding, sanding and finishing operations. Abrasives are used very extensively in a wide variety of industrial, domestic, and technological applications. Common uses for abrasives include grinding, polishing, buffing, honing, cutting, drilling, sharpening, smoothening, lapping, and sanding of the substrate. Non-Woven Abrasive are primarily used for cleaning and finishing the metal. It plays a major role to give surface finish and shape to the required material. The Global Abrasive Market is to growing at higher CAGR of nearly 6.5% during the review period, which is expected to fuel demand of the product. The Global transportation Industry is the largest consumer of Non-Woven Abrasive, as of 2016 and is estimated grow at the highest CAGR on account of ever increasing trade around the world during the forecast period. Increasing demand of electronic devise with an advent of digitization and handset penetration. In addition to this electrical industry is fetching significant share of overall demand of the product to help push growth of the market forward.

Regional Analysis:
Asia Pacific, Europe, North America, Europe, Middle East & Africa, and Latin America are the five key regions in which the Global Non-Woven Abrasive Market is divided. Among these regions, Asia Pacific is growing at the highest CAGR region in the Global Non-Woven Abrasive Market. It accounts for over 40% share of the overall Non-Woven Abrasive Market. India, Japan and China are the leading markets in this region due to growing demand of the product by emerging end use industries in this region such as electrical & electronics and automotive, along with building & construction. North America is the second largest region, in terms of market size, with U.S. holding major share of the regional market. Growth of the market in this region is attributed to the growing transportation industry and reconstruction activities in this region. Following North America, Europe is a significant region, in the Global Non-Woven Abrasive Market. Germany, U.K., France and Italy are the contributors to the regional market. The overall production of vehicle in the world is dominated by Europe and it is expected to increase further during the forecast period to boost demand of Non-Woven Abrasive in this region. The Middle East & Africa is projected to grow at a considerable CAGR owing to the increasing construction activities and rapidly growing sports industry during the forecast period. Lastly, Latin America is anticipated to gain momentum to join hands with leading regions in the Global Non-Woven Abrasive Market.

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Competitive Analysis:
Key players in the Global Non-Woven Abrasive Market are 3M (U.S.), Saint-Gobain 1998-2017 (U.S.), Mirka Ltd. (Canada), sia Abrasives Industries AG (U.K.), DEWALT (U.S.), Hermes Schleifmittel GmbH (Germany), ARC ABRASIVES, INC. (U.S.), Zhengzhou Kingshark Abrasives Co., Ltd. (China), NIHON KENSHI Co., LTD (Japan), Kanai Juyo Kogyo Co.,Ltd (Japan),  Jiangsu Sanling Abrasive Co., Ltd. (China),and Tailin (Philippines), among others.

Key Points from Table of Contents:

11.    Company Profiles   

11.1       3M
11.1.1    Company Overview
11.1.2    Target substrate/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Saint-Gobain 1998-2017
11.2.1    Company Overview
11.2.2    Target substrate/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Mirka Ltd
11.3.1    Company Overview
11.3.2    Target substrate/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       sia Abrasives Industries AG
11.4.1    Company Overview
11.4.2    Target substrate/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

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