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Paper-Backing Abrasive Adhesive Discs Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The market is segmented by Abrasive Grain (Aluminium Oxide, Silicon Carbide, Zirconium, and Ceramic), Applicable Surface Type (Wood, Metal, Composite, Glass, and Other Applicable Surface Types), End-use Application (Metal Working, Wood Working, Glass Working, and Other End-use Applications), Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

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Market Snapshot

Paper-Backing Abrasive Adhesive Discs Market - Market Summary
Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: <4 %

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Market Overview

The market paper-backing abrasive adhesive discs is expected to grow at a CAGR of less than 4% during the forecast period. Major factors driving the market studied is increasing demand for furniture

  • Growing infrastructure sector is expected to act as an opportunity
  • Asia-Pacific dominated the market across the globe with the largest consumption in country such as China, India, etc.

Scope of the report

The paper-backing abrasive adhesive discs market report includes:

Abrasive Grain
Aluminum Oxide
Silicon Carbide
Zirconium
Ceramic
Applicable Surface Type
Wood
Metal
Composite
Glass
Other Applicable Surface Types
End-use Application
Metal Working
Wood Working
Glass Working
Other End-use Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Metal Working, the Fastest growing End-use Application

  • The global metalworking industry has been growing at a healthy rate in recent times. The ever-increasing global population, supported by their improved purchasing power is driving end-use factors for the metal industry growth.
  •  Moreover, infrastructure is being developed in many nations, especially the emerging nations in Asia-Pacific and Middle-East & Africa.
  •  The demands for better infrastructure, both, at the residential and commercial level, are expected to drive the use of abrasive discs in finishing and shaping applications. 
  • Abrasive adhesive discs are used in automotive weld shops, machine shops, automotive bodybuilding & press shops, paint shops, and re-finishing garages. 
  • Their metalworking applications include eliminating defects on surfaces and painted bodies, preparing primed and painted surfaced, rotary and orbital sanding, etc.
  • All the aforementioned factors are likely to increase the demand for the market.
Paper-Backing Abrasive Adhesive Discs Market Segmentation Trends

Asia-Pacific to Dominate the Market

  • Asia-Pacific is estimated to witness healthy growth over the assessment period in paper-backing abrasive adhesive discs market, due to the well-performing automotive and the infrastructure industries.
  •  Major players are identifying countries in Asia-Pacific as cheaper sources of raw material and labor, and are shifting their manufacturing bases to these regions. As a result, countries, such as China, Japan, South Korea, India, Taiwan, Malaysia, and Indonesia are growing as manufacturing hubs for many industries.
  •   High investments in residential and commercial construction may see increased demand for surface finishing and preparing applications, thereby, increasing the demand for abrasive adhesive discs. Asian countries, such as China, Taiwan, Japan, South Korea, and India are also major markets, as well as manufacturers of automotive parts for, both, primary market, as well as the aftermarket
  • Hence, their metal working applications would be done by abrasive adhesive discs. All of these factors are likely to be supported by the ever-increasing population in the region, urbanization, and their purchasing power.
  • Such factors are likely to increase the demand for the market
Paper-Backing Abrasive Adhesive Discs Market Regional Trends

Competitive Landscape

The paper-backing abrasive adhesive discs market is fragmented in nature. Some of the major players in the market include 3M, Saint-Gobain, sia Abrasives Industries AG, Sunmight USA Corporation, and Mirka Ltd., among others.

Paper-Backing Abrasive Adhesive Discs Market - Market Concentration.png

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand for Furniture

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Abrasive Grain

      1. 5.1.1 Aluminum Oxide

      2. 5.1.2 Silicon Carbide

      3. 5.1.3 Zirconium

      4. 5.1.4 Ceramic

    2. 5.2 Applicable Surface Type

      1. 5.2.1 Wood

      2. 5.2.2 Metal

      3. 5.2.3 Composite

      4. 5.2.4 Glass

      5. 5.2.5 Other Applicable Surface Types

    3. 5.3 End-use Application

      1. 5.3.1 Metal Working

      2. 5.3.2 Wood Working

      3. 5.3.3 Glass Working

      4. 5.3.4 Other End-use Applications

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. 5.4.1.1 China

        2. 5.4.1.2 India

        3. 5.4.1.3 Japan

        4. 5.4.1.4 South Korea

        5. 5.4.1.5 Rest of Asia-Pacific

      2. 5.4.2 North America

        1. 5.4.2.1 United States

        2. 5.4.2.2 Canada

        3. 5.4.2.3 Mexico

      3. 5.4.3 Europe

        1. 5.4.3.1 Germany

        2. 5.4.3.2 United Kingdom

        3. 5.4.3.3 Italy

        4. 5.4.3.4 France

        5. 5.4.3.5 Rest of Europe

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M

      2. 6.4.2 Carborundum Universal

      3. 6.4.3 Dev Abrasive

      4. 6.4.4 Hermes Abrasives

      5. 6.4.5 Klingspor Inc.

      6. 6.4.6 Mirka Ltd.

      7. 6.4.7 Saint-Gobain

      8. 6.4.8 sia Abrasives Industries AG

      9. 6.4.9 Sunmight USA Corporation

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Growing Infrastructure Sector

    2. 7.2 Other Opportunities

**Subject to Availability

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Frequently Asked Questions

The Paper-Backing Abrasive Adhesive Discs Market market is studied from 2016 - 2026.

The Paper-Backing Abrasive Adhesive Discs Market is growing at a CAGR of <4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2021.

3M, sia Abrasives Industries AG, Saint-Gobain, Sunmight USA Corporation, Mirka Ltd are the major companies operating in Paper-Backing Abrasive Adhesive Discs Market.

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