Steel Abrasives Market

Steel Abrasives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

Steel abrasives can be defined as particles of steel with high carbon content, which are used across various industries for grinding, cleaning the hard surface, abrading, scouring, polishing, and to remove solid materials by the action of rubbing. Steel abrasives help to provide shape and surface finish to the material. They are available in different shapes and sizes depending upon the need. Key attributes of steel abrasives are grain size, hardness, toughness, and purity in terms of absence of oxides. Steel abrasives are used in construction, automotive, electronics, and manufacturing industries to prepare a superior polished surface finish. Some of the key industrial applications of the abrasives material market are de-flashing, peening, blast cleaning, paint stripping, and de-burring. Steel abrasives have high carbon steel composition for more durability and hardness. The important advantage of using steel abrasives is their high recyclability, which helps to reduce waste when compared to other abrasives such as glass powder, iron abrasives, ceramic, boron carbide, silicon carbide etc. Steel abrasives are classified as high carbon abrasives and low carbon abrasives. Their cleaning performance is comparable, but there are some differences in their characteristics. Low carbon steel abrasives offer longer durability compared to high carbon steel abrasives due to their tendency not to crack and their relative softness.

The steel abrasives market is expected to grow at a good rate in the coming years. Rapid industrialization and expansion of automotive production are the key trends stoking market growth. To decrease environmental issues, leading manufacturers in the automobile sector are manufacturing low-weight products, which emit low carbon dioxide, which are economical and yet provide superior performance. Leading abrasive manufacturers look to capitalize on this trend by offering products that provide high quality auto components with a polished surface finish. The environment friendly nature of steel abrasives in terms of more recyclability and low waste generation is a driving factor for adoption of steel abrasives over a wide range of other similar abrasives. Demand for manufactured industrial products with high precision finish in end use industries is likely to trigger the sales of steel abrasives. Also, robust growth of the construction sector worldwide is expected to drive the steel abrasives market. Asia Pacific is expected to be the largest market for steel abrasives as it has shown significant growth in industrial application in the last five years. Some of the major economies with high growth potential for the market include India, China, Russia, Brazil, and South America.

The steel abrasives market has been segmented based on shape, application, and region. Based on shape, the steel abrasives market has been segmented into steel shots and steel grit. The differentiating factor between steel grit and shot is their shape. Steel grits are angular shape crushed steel shots and steel shots are spheroidal grains of molten steel produced through the automation process in requisite sizes. In terms of application, the market has been segmented into construction, automotive & transportation, equipment goods, and others including energy, machine and tools, etc. The steel abrasives market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America based on region.

Some of the key players in the steel abrasives market are Abrasive Technology, Inc., Fairmount Santrol, sia Abrasives Industries AG., Rex-Cut Abrasives, KWH Mirka, Hermes Schleifmittel GmbH, DEWALT, Walter Surface Technologies Inc., United Steel Abrasives, ARC ABRASIVES, INC., NCA Co., Limited, 3M, Zhengzhou KINGSHARK Abrasives, KLINGSPOR, SAIT ABRASIVI, Tailin Abrasives, Winoa, and Osborn. Key players in the steel abrasives market focus on mergers & acquisitions, business alliances, innovation and new product development. Manufacturers also focus on advancement in technology. Furthermore, the companies adopt innovative marketing strategies to attract customers.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
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The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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  • A complete backdrop analysis, which includes an assessment of the parent market
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  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
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  • Emerging niche segments and regional markets
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