Resin Bonded Abrasive Discs Market

Latin America Resin Bonded Abrasive Discs market size was valued at US$ 187.4 million in 2024 and is projected to reach US$ 256.3 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.

Resin bonded abrasive discs are engineered grinding tools where abrasive grains are held together by synthetic resin binders, designed for material removal and surface finishing in metalworking and manufacturing applications.

The market demonstrates robust growth driven by expanding manufacturing and metalworking industries across Latin America. Brazil dominates with 42% market share, followed by Mexico at 28% and Argentina at 15%. The metal fabrication sector accounts for 45% of demand, with automotive applications growing fastest at 6.8% annually. Premium segment discs with advanced grain technology are showing 7.2% growth. Construction industry represents 25% of consumption, while aerospace sector is growing at 8.5% annually. R&D investments in improved resin formulations have increased by 15% annually.

Report Includes

Resin Bonded Abrasive Discs Market is an essential reference for who looks for detailed information on Latin America Resin Bonded Abrasive Discs. The report covers data on Latin America markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Latin America major vendors¡¯ information. In addition to the data part, the report also provides overview of Resin Bonded Abrasive Discs, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Resin Bonded Abrasive Discs Market aims to provide a comprehensive presentation of the Latin America Resin Bonded Abrasive Discs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Resin Bonded Abrasive Discs. Resin Bonded Abrasive Discs Market contains market size and forecasts of Resin Bonded Abrasive Discs in Latin America, including the following market information:

We surveyed the Resin Bonded Abrasive Discs manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Brazil

•    Mexico

•    Argentina

•    Chile

•    Colombia

•    Peru

•    Venezuela

by Products type:

•    Common Resin Bonded Abrasive Discs

•    Super Hard Resin Bonded Abrasive Discs

by Application:

•    Shipbuilding

•    Auto Industry

•    Petrochemical Industry

•    Other

key players include: (At least 8-10 companies included)

•    Saint-Gobain Abrasives

•    3M

•    Tyrolit

•    Weiler Abrasives

•    Carborundum Universal Limited (CUMI)

•    Hermes Schleifmittel

•    Klingspor

•    PFERD Inc.

•    Deerfos

•    CGW-Camel Grinding Wheels

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Resin Bonded Abrasive Discs revenues in Latin America market, 2019-2024 (Estimated), ($ millions)

•    Key companies Resin Bonded Abrasive Discs revenues share in Latin America market, 2023 (%)

•    Key companies Resin Bonded Abrasive Discs sales in Latin America market, 2019-2024 (Estimated),

•    Key companies Resin Bonded Abrasive Discs sales share in Latin America market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Latin America and country-wise market of Resin Bonded Abrasive Discs

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Resin Bonded Abrasive Discs capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Resin Bonded Abrasive Discs manufacturers

•    Resin Bonded Abrasive Discs forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.