Global Grinding Wheel Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

Grinding wheels are generally composed of an abrasive compound and used in a variety of grinding and abrasive machining operations, and such wheels are widely used in grinding machines. The wheels are primarily made from a composite material that consists of a coarse-particle aggregate, pressed and bonded together by a cementing matrix to form a solid, generally a circular shape product.
The growth in the automotive industry will be one of the major factors that will have a positive impact on the growth of this market. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 5% by 2021. The demand for grinding wheels in the automotive industry is high due to their ability to offer precise, improved quality, and well-finished products. These wheels offer better results with computer numerical control (CNC) driven grinding machines as the utilization of software can help in the manufacturing complex designs. Grinding wheels used in automobile applications include many vehicle systems, such as crankshafts, steering racks, valves, shock absorbers, steering parts, and wheels. Continuous growth of the automotive industry and new investments is estimated to positively impact the global grinding wheel market during the forecast period.

Market Analysis and Insights: Global Grinding Wheel Market
The global Grinding Wheel market size is projected to reach US$ 5262 million by 2026, from US$ 4458.6 million in 2020, at a CAGR of 2.8% during 2021-2026.
Global Grinding Wheel Scope and Segment
The global Grinding Wheel market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Grinding Wheel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Grinding Wheel market is segmented into
Flat Wheel
Bevel Edge Grinding Wheel
Cylindrical Grinding Wheel
Cup Wheel
Disc Wheel
Others

Segment by Application, the Grinding Wheel market is segmented into
Cleaning
Grinding
Polishing

Grinding Wheel market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Grinding Wheel business, the date to enter into the Grinding Wheel market, Grinding Wheel product introduction, recent developments, etc.
The major vendors covered:
Saint-Gobain
NORITAKE
Ekamant
3M
DEERFOS
Carborundum Universal Limited (CUMI)
KOVAX
AWUKO ABRASIVES
Camel Grinding Wheels Works Sarid
TYROLIT
SHIN-EI Grinding Wheels
DSA Products
Andre Abrasive Articles
DK Holdings
Thai GCI Resitop
ATLANTIC
Wendt (India)
Hitachi Koki

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Grinding Wheel markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Grinding Wheel market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.

Frequently Asked Questions