Finely polished: Although growth is expected to slow, the industry has expanded well overall

The Abrasive Product Manufacturing Industry produces a range of abrasives (coated, bonded, grain and superabrasives) for a range of applications. Demand is heavily dependent on downstream construction and manufacturing activity. The industry comprises a few large players operating alongside more numerous small and medium-size businesses. The industry’s four largest players are: Saint-Gobain Abrasives, 3M, Sia Abrasives and Washington Mills Electro Minerals, which together account for an estimated 38.5% of industry revenue.Over the five years through 2017-18, industry revenue is estimated to increase at a compound annual rate of 4.7%. Subdued economic conditions and stagnant construction and manufacturing activity negatively affected demand for abrasive products through more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • Prevailing uncertainty is expected to slow downstream demand and constrain growth
  • Demand from industrial markets has been mixed, with mining activity having been particularly weak
  • Rising national defence spending is expected to support industry demand
  • Industry Report - Starting a New Business Chapter

    The Abrasive Product Manufacturing industry exhibits high barriers to entry, although these vary somewhat across various different product segments. Barriers to entry are higher for more sophisticated products, such as bonded abrasives and superabrasives as the technology requirements are greater and there is a greater focus on the development of new products. The manufacture of abrasive grains has moderately high barriers to entry, consisting primarily of technological expertise and established links with raw material suppliers. Barriers to entry for coated products such as sandpaper are lower, reflecting the simpler production processes. New...purchase to read more.

    Additional Insights for the Abrasive Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Abrasive Product Manufacturing Industry are

  • Ability to provide goods/services in diverse locations
  • Effective quality control
  • Establishment of brand names
  • IBISWorld analysts also discuss how external factors such as Demand from motor vehicle manufacturing and Industrial production index in the Abrasive Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Abrasive Product Manufacturing Industry?

    Firms in this industry manufacture abrasive products such as sanding and grinding discs, coated sanding blocs and sandpaper.

    Industry Products
  • Abrasive grains
  • Bonded abrasives
  • Coated abrasives
  • Superabrasives
  • Industry Activities
  • Coated abrasives
  • Abrasive grains
  • Bonded abrasives
  • Superabrasives
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from motor vehicle manufacturing
  • Industrial production index
  • Total value of construction
  • Real effective exchange rate

  • Current Performance
  • Construction markets
  • Industrial output
  • International trade
  • Current concerns
  • Profit and market structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Construction
  • Other industrial output
  • Concerns
  • Market structure
  • Table: Abrasive Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Abrasive Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Motor Vehicle Manufacturing
  • Aircraft, Engine & Parts Manufacturing
  • Commercial Building Construction
  • Construction Supplies Wholesaling

  • Key Selling Industries
  • Electricity Supply
  • Paper & Paperboard Manufacturing
  • Primary Form Plastics Manufacturing

  • Products & Services
  • Coated abrasives
  • Bonded abrasives
  • Abrasive grains
  • Superabrasives
  • Chart: Abrasive Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • General manufacturers
  • Construction sector
  • Motor vehicle manufacturers
  • Aerospace manufacturers
  • Retailers
  • Chart: Major Market Segmentation for the Abrasive Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Abrasive Product Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Abrasive Product Manufacturing Industry

  • Industry Globalization
    Saint-Gobain Abrasives Ltd, 3M United Kingdom plc, Sia Abrasives (GB) Ltd, Washington Mills Electro Minerals Ltd,
  • Table: Saint-Gobain Abrasives Ltd - financial performance
  • Table: 3M United Kingdom plc - financial performance
  • Table: Sia Abrasives (GB) Ltd - financial performance
  • Table: Washington Mills Electro Minerals Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Abrasive Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Abrasive Product Manufacturing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Removing unwanted edges or pieces of material from a workpiece.
  • Electroplated Products
  • Electroplated products consist of a single layer of diamond or cubic boron nitride (CBN) superabrasive particles that have been bonded to a metal surface in a nickel electroplated bath.
  • Grit
  • A dominant component to abrasive products. The small, coarse abrasive particles or granules, such as of sand.
  • Superabrasive
  • An abrasive that is manufactured using diamond or cubic boron nitride (CBN), and is used to machine a broad range of materials, especially those otherwise difficult to handle.
  • Vitrified
  • Glass-based; made via vitrification of clays and feldspar (rock).
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Abrasive Product Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
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    This report on Abrasive Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Abrasive Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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