Super Abrasives Market_PPT
                     Super Abrasives MARKET 2020
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Super Abrasives MARKET 2020
Super Abrasives Market 2020: Industry Survey, Growth, Competitive
Landscape and Forecasts to 2023
Global super abrasives market is estimated to reach USD 14,681.1 million by the end of the year 2023 on account of increasing 
production and sale of automotive across the globe. Moreover, the extensive use of super abrasives in high-tech electronic devices 
coupled with the changing lifestyle has augmented the product demand.
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Super Abrasives MARKET 2020
Market Segmentation:
The super abrasives market is segmented on the basis of product type, application, and region. Based on the product type, the 
market is segmented into vitrified diamond, vitrified CBN, resin bond diamond, resin bond CBN, metal/ hybrid bond CBN, metal/ 
hybrid bond diamond, electroplated diamond, electroplated CBN, rotary dressers, and stationary dressers. The vitrified diamond 
by product type accounted for 16.00% market share in overall sales revenue in 2016. The demand for vitrified diamond is 
increasing due to its superior edge quality and thermal stability over conventional abrasives. The global super abrasives market is 
segregated on the basis of its application as cutting tools, tool industry, machinery, electronics/ smartphones, bearings, 
powertrain, turbines, gear, medical, primary metal, and others. Cutting tools segment was the dominating segment with a share of 
15.90% in 2016 and value of USD 1,505.9 million. The segment is projected to grow at a CAGR of 6.97% during the forecast period. 
Tool Industry was the second-largest market by application in 2016 and is projected to grow at a CAGR of 7.47% over the forecast 
period.
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Super Abrasives MARKET 2020
Regional Analysis
Regionally, super abrasives market is spanned across five regions namely North America, Europe, Asia Pacific, Latin America, and 
the Middle East & Africa. Asia Pacific dominated the global super abrasives market in 2016 by accounting for more than 57% share 
of the global super abrasives market, in terms of value. This regional growth is attributed to the high production and sales of 
automotive in China, India, and Japan. The reviving automotive sector in North America and the manufacturing and trade of 
automotive parts in Europe are likely to augment the market growth over the review period. The other emerging markets such as 
Latin America and the Middle East & Africa seems to observe a healthy market trend.
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Super Abrasives MARKET 2020
Application & Major Players in this Research:
Super Abrasives Market Prominent Players:
Market Research Future (MRFR) recognizes the following companies as the key players in the global super abrasives market: Saint 
Gobain (France), 3M (U.S.), Carborundum Universal Limited (France), Noritake (Japan), Meister Abrasives (U.S.), KREBA & RIEDEL 
(Germany), Tyrolit Schleifmittelwerke Swarovski K.G. (Austria), TOYODA VAN MOPPES LTD. (Tokyo), SUPER ABRASIVES (India), 
Zhengzhou Hongtuo Super Abrasive Products Co., Ltd (China), VSM Abrasives Corporation (Germany), and others.
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