Abrasive are the most used materials across the various industries for cleaning the hard surface, grinding and polishing. An abrasive helps to provide surface finish and shape for the material.Abrasives are mineral like materials available in different sizes, shapes and sizes depending upon the need. They are used to clean, abrade, scour, grind and remove solid materials by the action of rubbing. Two kinds of abrasives are available in global abrasives market as synthetic and natural. Most of the natural abrasives have been replaced by synthetic abrasives in the abrasives market due to their consistent properties as required in industrial applications. Apart from natural diamond most of the abrasives are variable with their properties. One of the basic properties an abrasive must possess is hardness and that it must be harder than the material to which is polished, grinded or removed.
In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.
With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Abrasives market is expected to witness in the upcoming decade.
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Impact of COVID-19 on Abrasives Market
The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.
The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Abrasives market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.
Abrasives Market: Key Segmentation
By Region
- North America
- Latin America
- Asia Pacific
- Japan
- Western Europe
- Eastern Europe
- Middle East & Africa
Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.
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Abrasives Market: Competitive Evaluation
The FMI’s Abrasives market report provides a comprehensive analysis on key players operating in the Abrasives market. Some of the key players are:
- I. du Pont de Nemours and Company
- Robert Bosch GmbH
- Cabot Microelectronics Corporation
- Saint Gobain S.A
- Tyrolit Schleifmittelewerke Swaroski K.G
- Fugimi Incorporated
- Jason Incorporated
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
Why Buy FMI’s Report?
- Extensive analysis on high growth niche markets across major regions
- Detailed assessment on key segments and sub-segments
- Recent and upcoming strategies tracked of manufacturers for the Abrasives market
- Reliable information on new product launches, technological advancements, and more
- Valuable insights on the impact of regulatory framework on the global Abrasives market
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