Grinding Wheels Market

Grinding Wheels: Introduction

• Grinding is a metal cutting operation which is performed by means of a rotating wheel. The tool used for this process is the grinding wheel. Grinding wheels cut metals with different sizes, shapes, and efficiency and are also used to remove rough surfaces and improve the surface finish of the work place.
• A grinding wheel is the most common equipment in the manufacturing industry. Grinding wheels are ideal for a wide range of materials and can perform hard grinding of tools (steels and other metals). For manufacturers, grinding wheels provide an efficient way to shape and finish metals and other materials. Today, grinding wheels appear in nearly every manufacturing company where they are used to cut steel and masonry blocks; to sharpen knives, drill bits, and many other tools; or to clean and prepare surfaces for painting or plating. The market of grinding wheels is thus expected to grow during the forecast period.

Key Drivers, Restraints, and Opportunities of the Global Grinding Wheels Market

• The production of machine tools has been influenced by their demand across automotive, industrial, and machinery industries. Expansion of various industries in emerging economies is due to rapid industrialization. Grinding wheels are a common sight in construction sites, tool shops, medical manufacturing industries, and automotive shops as important tools for work. Growing industrialization has created huge demand for grinding wheels in the market. Different sectors such as aerospace, steel manufacturing and fabricating plants, and oil & gas industry are the biggest users of grinding wheels which is expected to boost their demand during the forecast period.
• The major driver of the global grinding wheels market is the flourishing aerospace and automobile industry. Abrasive grinding wheels operations are used extensively in the automotive industry for manufacturing every major part from cylinder blocks, crankshaft, connecting rods, transmission cases, gearboxes, brakes, etc., as these wheels give a better finish to the product and are easy to use. These factors will drive the growth of the grinding wheels market.
• Wheels can explode if not operated as per the specified RPM due to the high stress produced on rotation. Hence, safety of wheels as well as the operator is at risk as some grinding wheels require manual operation. Lifespan of these wheels is very limited, besides its periodic maintenance are some operational challenges likely to hinder the market.
• Research and development activities along with technological advancements have increased over the last few years to make the bonding process more efficient. Advances in abrasive grinding materials/processes make it a cost-effective alternative to traditional machining processes in manufacturing sectors. With design upgrade as per specific application requirements, manufacturers are investing heavily in the grinding wheels market.

Asia Pacific to Hold Major Share of the Global Grinding Wheels Market

• In terms of region, the global grinding wheels market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
• Many domestic and international companies in the manufacturing sector are investing heavily owing to growing industrial and economic developments in the Asia Pacific region.
• Asia Pacific accounts for a prominent share of the global market due to the presence of numerous manufacturers, and huge development & production of automotive and heavy machinery, which is a key factor driving the grinding wheels market in this region.
• On the other hand, the market in North America is estimated to expand at a notable growth rate during the forecast period due to emerging economies and increasing investment in the manufacturing sector. North America is likely to be followed by markets in Europe, Middle East & Africa, and South America during the forecast period.

Key Players Operating in the Global Grinding Wheels Market Include:

• Belfortglass
• Camel Grinding Wheels
• DIPROTEX
• Norton Abrasives
• Rex-Cut Abrasives
• Saint Gobain Abrasives BV
• TYROLIT Schleifmittelwerke Swarovski
• WALTER
• Weiler Abrasives
• ZHENGZHOU BOSDI ABRASIVEs CO., LTD

Global Grinding Wheels Market: Research Scope

Global Grinding Wheels Market, by Type

• Straight
• Cylinder
• Tapered
• Recessed
• Others (dish, double-sided, etc.)

Global Grinding Wheels Market, by Material

• Natural Abrasives
• Artificial Abrasives

Global Grinding Wheels Market, by Diameter

• 00 mm to 100 mm
• 100 mm to 1000 mm
• 1000 mm and above

Global Grinding Wheels Market, by Applications

• Cutting
• Surface Treatment (grinding, sharpening, finishing, etc.)

 Global Grinding Wheels Market, by End-use Industries

• Construction
• Aerospace
• Automotive
• Medical
• Commercial Appliances
• Others (wood manufacturers, glass fabrication, etc.)

Global Grinding Wheels Market, by Price

• Low
• Medium
• High

Global Grinding Wheels Market, by Distribution Channel

• Direct
• Indirect

Global Grinding Wheels Market, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa
• South America
  • Brazil
  • Rest of South America