A grinding wheel is a wheel composed of an abrasive compound and used for various grinding (abrasive cutting) and abrasive machining operations. Such wheels are used in grinding machines. The wheels are generally made from a composite material consisting of coarse-particle aggregate pressed and bonded together by a cementing matrix (called the bond in grinding wheel terminology) to form a solid, circular shape. Various profiles and cross sections are available depending on the intended usage for the wheel. They may also be made from a solid steel or aluminium disc with particles bonded to the surface. Today most grinding wheels are artificial composites made with artificial aggregates, but the history of grinding wheels began with natural composite stones, such as those used for millstones. According to our (Global Info Research) latest study, the global Grinding Wheels market size was valued at USD 5806.8 million in 2022 and is forecast to a readjusted size of USD 7524.1 million by 2029 with a CAGR of 3.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global key players of grinding wheels include Saint-Gobain, 3M, Tyrolit Group, Noritake, Klingspor, etc. The top five players hold a share about 22%. Europe is the largest market, has a share about 32%, followed by United States and China, with share 24% and 16%, separately. This report is a detailed and comprehensive analysis for global Grinding Wheels market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Materials and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Grinding Wheels market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (Europe), 2018-2029 Global Grinding Wheels market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (Europe), 2018-2029 Global Grinding Wheels market size and forecasts, by Materials and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (Europe), 2018-2029 Global Grinding Wheels market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (Europe), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Grinding Wheels To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Grinding Wheels market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Klingspor, 3M, Mirka Abrasives, Noritake and Saint-Gobain, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Grinding Wheels market is split by Materials and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Materials, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Materials Resinoid Bond Vitrified Bond Others Market segment by Application Transport Industry Bearing & Machinery Construction Steel Industry Others Major players covered Klingspor 3M Mirka Abrasives Noritake Saint-Gobain Kure Grinding Wheel Camel Grinding Wheels Tyrolit Group SHIN-EI Grinding Wheels DSA Products Andre Abrasive DK Holdings ELKA-Elastic Keihin Kogyosho Co., Ltd Northern Grinding Wheels Hebei Sanfeng Abrasives Hindustan Abrasives GRANIT Grinding Wheel Ltd Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Grinding Wheels product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Grinding Wheels, with price, sales, revenue and global market share of Grinding Wheels from 2018 to 2023. Chapter 3, the Grinding Wheels competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Grinding Wheels breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Materials and application, with sales market share and growth rate by materials, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Grinding Wheels market forecast, by regions, materials and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Grinding Wheels. Chapter 14 and 15, to describe Grinding Wheels sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Grinding Wheels 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Materials 1.3.1 Overview: Global Grinding Wheels Consumption Value by Materials: 2018 Versus 2022 Versus 2029 1.3.2 Resinoid Bond 1.3.3 Vitrified Bond 1.3.4 Others 1.4 Market Analysis by Application 1.4.1 Over
