Grinding Wheels market

Grinding Wheels Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • Machines
  • 114 Pages
  • Report code : PMR-6800066

  • 4.7 (158)

Grinding Wheels Market

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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.

The Grinding Wheels industry can be broken down into several segments, Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, Other, etc.

Across the world, the major players cover Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel (JP), Camel Grinding Wheels (Israel), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (England), etc.

Grinding Wheels Market contains market size and forecasts of Grinding Wheels in global, including the following market information:

Global Grinding Wheels Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Grinding Wheels Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Grinding Wheels companies in 2021 (%)

The global Grinding Wheels market was valued at 9402.5 million in 2021 and is projected to reach US$ 11170 million by 2028, at a CAGR of 2.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Resinoid Bond Grinding Wheels Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Grinding Wheels include Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel, Camel Grinding Wheels, Tyrolit Group and SHIN-EI Grinding Wheels, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Grinding Wheels 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:

Global Grinding Wheels Market, by Materials, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Grinding Wheels Market Segment Percentages, by Materials, 2021 (%)

Resinoid Bond Grinding Wheels

Vitrified Bond Grinding Wheels

Global Grinding Wheels Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Grinding Wheels Market Segment Percentages, by Application, 2021 (%)

Transport Industry

Construction

Bearing & Machinery

Steel Industry

Other

Global Grinding Wheels Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Grinding Wheels Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Grinding Wheels revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Grinding Wheels revenues share in global market, 2021 (%)

Key companies Grinding Wheels sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Grinding Wheels sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Klingspor

3M

Mirka

Noritake

Saint-Gobain

Kure Grinding Wheel

Camel Grinding Wheels

Tyrolit Group

SHIN-EI Grinding Wheels

DSA Products

Andre Abrasive

DK Holdings

Elka

Keihin Kogyosho Co., Ltd

Northern Grinding Wheels

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