Abrasives Industry Outlook: Global Abrasives Demand Increases

Abstract In China and the United States, the demand for abrasives and their products continues to increase, and for other countries, such as those in Western Europe that have just recovered from the financial crisis, the situation is the same. From the situation of China, the United States and other countries, the abrasive abrasive industry...
In China and the United States, the demand for abrasives and their products continues to increase, and for other countries, such as those in Western Europe that have just recovered from the financial crisis, the situation is the same. From the perspective of China, the United States and other countries, the prospects for the abrasives industry are optimistic and demand continues to increase. The macro-level grasp of the development trend of the industry plays a vital role in the strategic adjustment of the enterprise. Therefore, Ai Rui will sort out the relevant information of the domestic and international abrasives industry that has been collected for a long time, hoping to develop the domestic abrasives and abrasives enterprises. The next strategy provides a reference. Next, follow Ai Rui.com to review and look forward to the development of the abrasives industry.

Global demand for abrasives is on the rise

It is expected that until 2017, global abrasive demand will increase by 6% per year. In the Western European market, North America, Eastern Europe, Central and South America, and the African continent, sales of abrasives are expected to continue to improve. While the demand for abrasives in the Asia-Pacific region has experienced rapid growth, the growth rate will decline as of 2017. However, the impact of the slowdown in demand growth in the Asia-Pacific region will be offset by increases in regions outside Asia. In the industry, the fastest growth in demand is paper-based and coated abrasives, followed by metal and superhard abrasives.

More than half of the demand comes from China

Whether in the field of abrasives or manufacturing or manufacturing, before 2017, China is in a leading position internationally. The annual growth rate of China's abrasives is 10%. At present, the total demand for abrasives in other countries accounts for 55% of the total demand in China. The continuous development of the manufacturing industry, foreign investment and rising living standards have all had a positive impact on China's demand for abrasives. In addition to China, the demand for abrasives in the US manufacturing industry also accounts for a large proportion. The aviation, real estate, furniture, steel and automotive industries all have great demand for abrasive grinding, and these industries themselves continue to grow.

Coated abrasives, metal grinders and superhard abrasives are still very popular

According to forecasts, as of 2017, the largest demand is coated abrasives. The demand for paper-based abrasives and other coated abrasives has also increased due to the growth of manufacturing and construction. Due to the development of metal processing plants, machinery manufacturing plants and the foundry industry, the demand for metal abrasive tools is closely followed.

The above is the development trend and prospects of the abrasives industry. From this we can see the development of abrasive abrasives and find the most popular abrasive products to help buyers and suppliers better develop strategies.

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