• About us
  • Contact Us
  • Submit a Press Release
Thursday, June 19, 2025
South-Africana
No Result
View All Result
Submit PR
  • AFRICA
    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

    AfriSummit 2024: African Health Authorities and Industry Leaders Unite to Discuss Pharma Regulations and Innovations

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

  • Botswana

    Scatec reaches financial close for Botswana solar farm – Renewable Energy Magazine

    New study links Botswana’s 2022 elephant die-Off to toxic algal blooms – Tech Explorist

    Botswana – Democracy, Tribalism, Wildlife – Britannica

    BUAN Farmers Market Day thrives as a hub for local agriculture – Mmegi Online

  • Eswatini

    Eswatini AGOA trade benefits renewed for 2025 – VOA Asia

    Eswatini economy is stable to start a business — Minister of Finance – PressReader

    Dubai International Chamber Facilitates Farm To Plate's Expansion Into Eswatini For Sustainable Agriculture – OneArabia

    Qatar Embassy Delivers Medical Aid, Materials to Kingdom of Eswatini – وزارة الخارجية القطرية

  • Lesotho

    Enchanting Lesotho: The Kingdom in the Sky grounded in traditions – Business Daily

    StanChart, Standard Bank to Help Lesotho Develop Clean Energy Fund – Daba Finance

    inDrive Launches Its Services In Lesotho – Tech Labari

    Health Report: Reaching remote patients in Lesotho – VOA Africa

  • Namibia

    Data solutions enhance business efficiency – New Era

    World Bank Strategy Targets Jobs, Services in Namibia – Mirage News

    Empowering teams to embrace new technology – Namibia Economist

    Malaysia promotes health, tourism at first-ever expo in Namibia – The Star Online

  • South Africa

    Bringing black farmers into commercial agriculture in South Africa – Mail and Guardian

    South Africa faces critical skills gap, threatening business transformation by 2030: WEF report – MSN

    Good news for interest rate cuts in South Africa – BusinessTech

    Cybersecurity group Integrity360 acquires South African Nclose – Tech.eu

    ‘HMPV not mysterious or new virus’: NICD says virus not unique to China and has been present in South Africa – IOL

    South Africa’s agriculture to recover in 2025 – Mail and Guardian

  • Press releases
    Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

    Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

    4 Reasons Why One Needs to Invest Their Savings

    Maternity Coverage in Health Insurance

    Nfc Chips Market Growth Rate is expected to be around 14.62% during the forecast period 2025 to 2034

    Nfc Chips Market Growth Rate is expected to be around 14.62% during the forecast period 2025 to 2034

    Corporate Wellness Market Predicted to Reach USD 100 Billion by 2035, Advancing at a CAGR of 4.11%

    Corporate Wellness Market Predicted to Reach USD 100 Billion by 2035, Advancing at a CAGR of 4.11%

    Bearing Market forecast shows robust CAGR of 8.5% with valuation expected at USD 3,82,680.2 million by 2032

    Bearing Market forecast shows robust CAGR of 8.5% with valuation expected at USD 3,82,680.2 million by 2032

    Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%

    Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%

  • AFRICA
    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

    AfriSummit 2024: African Health Authorities and Industry Leaders Unite to Discuss Pharma Regulations and Innovations

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

  • Botswana

    Scatec reaches financial close for Botswana solar farm – Renewable Energy Magazine

    New study links Botswana’s 2022 elephant die-Off to toxic algal blooms – Tech Explorist

    Botswana – Democracy, Tribalism, Wildlife – Britannica

    BUAN Farmers Market Day thrives as a hub for local agriculture – Mmegi Online

  • Eswatini

    Eswatini AGOA trade benefits renewed for 2025 – VOA Asia

    Eswatini economy is stable to start a business — Minister of Finance – PressReader

    Dubai International Chamber Facilitates Farm To Plate's Expansion Into Eswatini For Sustainable Agriculture – OneArabia

    Qatar Embassy Delivers Medical Aid, Materials to Kingdom of Eswatini – وزارة الخارجية القطرية

  • Lesotho

    Enchanting Lesotho: The Kingdom in the Sky grounded in traditions – Business Daily

    StanChart, Standard Bank to Help Lesotho Develop Clean Energy Fund – Daba Finance

    inDrive Launches Its Services In Lesotho – Tech Labari

    Health Report: Reaching remote patients in Lesotho – VOA Africa

  • Namibia

    Data solutions enhance business efficiency – New Era

    World Bank Strategy Targets Jobs, Services in Namibia – Mirage News

    Empowering teams to embrace new technology – Namibia Economist

    Malaysia promotes health, tourism at first-ever expo in Namibia – The Star Online

  • South Africa

    Bringing black farmers into commercial agriculture in South Africa – Mail and Guardian

    South Africa faces critical skills gap, threatening business transformation by 2030: WEF report – MSN

    Good news for interest rate cuts in South Africa – BusinessTech

    Cybersecurity group Integrity360 acquires South African Nclose – Tech.eu

    ‘HMPV not mysterious or new virus’: NICD says virus not unique to China and has been present in South Africa – IOL

    South Africa’s agriculture to recover in 2025 – Mail and Guardian

  • Press releases
    Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

    Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

    4 Reasons Why One Needs to Invest Their Savings

    Maternity Coverage in Health Insurance

    Nfc Chips Market Growth Rate is expected to be around 14.62% during the forecast period 2025 to 2034

    Nfc Chips Market Growth Rate is expected to be around 14.62% during the forecast period 2025 to 2034

    Corporate Wellness Market Predicted to Reach USD 100 Billion by 2035, Advancing at a CAGR of 4.11%

    Corporate Wellness Market Predicted to Reach USD 100 Billion by 2035, Advancing at a CAGR of 4.11%

    Bearing Market forecast shows robust CAGR of 8.5% with valuation expected at USD 3,82,680.2 million by 2032

    Bearing Market forecast shows robust CAGR of 8.5% with valuation expected at USD 3,82,680.2 million by 2032

    Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%

    Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%

Submit PR
No Result
View All Result
South-africana
Submit PR
Home Press Releases

Super Abrasives Market Size Expected to Reach $11.1 Billion by 2027

admin by admin
March 26, 2022
in Press Releases
Super Abrasives Market Size Expected to Reach $11.1 Billion by 2027
Share on FacebookShare on Twitter


 


Super Abrasives Market

(EMAILWIRE.COM, March 26, 2022 ) Super Abrasives Market size is expected to be valued at US$11.1 billion by the end of the year 2027 after growing at a CAGR of 6.2% during the forecast period from 2022-2027. The growth of the manufacturing sector is highly driving the super abrasives market. Another major driving factor of super abrasives market is the increase in demand for vitrified diamond tools in the manufacturing industry and the increase in precision & machining tools due to the rise in production of motor vehicles and construction activities. Super abrasives are also extensively used in the automobile industry for the injection systems. The growth in the construction industry is also fuelling the demand for super abrasives market, as it is required for the cutting tools technologies used in the construction industry. The increase in implementation of these manufacturing technologies such as cutting tools, precision tooling and machining tools is also driving the super abrasives industry.

Impact of Covid-19
The COVID-19 pandemic has disrupted the business of super abrasives market in terms of production and logistics. The economic slowdown globally has affected the operation of the business which has led to the decrease in the production and eventually disrupting the supply chain of the product. There are heavy restrictions on imports and exports, which will in turn take a toll on the super abrasives industry. The marketing activities came to a standstill as there was an economic lockdown, affecting the marketing programmers and events. However, the situation is set to become normal by the end of the year 2021.

Super Abrasives Market Segment Analysis By Material Type

Diamond segment held the largest share in the super abrasives market in the year 2021 and is expected to grow at a CAGR of 5.6% during the forecast period. The increase in demand for vitrified diamond tools comes from the growing demand for cutting and grinding equipment. Diamond provides various advantages such as anti-adhesion, wear resistance, low friction coefficient and chemical inertness, which contributes to the increase in demand for diamond in the super abrasives market. Verified diamond tools are extensively used in various cutting tools applications, precision tooling etc., therefore increasing the demand for diamond segment in the super abrasives market. Synthetic diamonds are preferred over natural diamonds owing to the high efficiency offered by synthetic diamonds. These properties and advantages attached to the diamonds is driving the diamond segment of the super abrasives market.

Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=503192

Report Price: $ 4500 (Single User License)

Super Abrasives Market Segment Analysis – By Form

Grinding Wheels segment held the largest share in the super abrasives market in the year 2021 and is expected to rise at the CAGR of 5.1% over the forecast period from 2022-2027. The increase in the use of grinding in construction sector for activities like smoothening steel bars, concrete surface grinding and tiles grinding is hugely driving the grinding wheels segment of the super abrasives market. Grinding wheels are also extensively used in sharpening tools, which is used in kitchen appliances and also medical appliances. The increase in need for precision tools is also driving the grinding wheels segment of the super abrasives market. According to Shake Deal, India’s largest procurement focused B2B e-commerce platform, grinding wheels are available at prices as low as US$6.17 (Rs.400 in India), which is used for commercial purposes and residential applications, such as for tool sharpening.

Super Abrasives Market Segment Analysis – By Application

Tool grinding segment held the largest share of more than 30% in the super abrasives market in the year 2021. Super abrasives are hugely used in tool grinding application, as tools require high precision smoothening and sharpening. Tool grinding is extremely versatile and can be used to perform various grinding activities. It is used for commercial purposes as well as for applications used in residential purposes. The increase in demand for machining and sharpening is increasing the need for tool grinding segment in the super abrasives market. The growth in the manufacturing sector in the present days is one of the significant factor driving the super abrasives market. According to Indian Brand Equity Foundation, the manufacturing sector’s gross value added (GVA) stood at US$397.14 billion in the year 2020 in India.

Super Abrasives Market Segment Analysis – By End-User

IndustryElectricals and electronics segment held the largest share in the super abrasives market in the year 2021. Super abrasives are capable of processing various materials such as semi-conductor materials, ceramics, carbide alloys, copper, copper alloys, aluminum, resin, and rubber. According to Indian Brand Equity Foundation, the market size of electronics and electrical industry stood at US$400 billion in India in the year 2020, which will further drive the demand for super abrasives market. Super abrasives are highly used for making printed circuit boards (PCBs) in electronics devices, like desktop computers, home theater systems, laptops, smartphones etc., This has led to the increase in use of super abrasives in the electrical and electronics industry.

Super Abrasives Market Segment Analysis – By Geography

Asia-Pacific region held the largest share of more than 35% in the super abrasives market in the year 2021. The increase in need for cost effective and innovative procedures (like automated systems, robotics, sensors etc.,) in the countries like India, China and South Korea has led to the increase in demand for super abrasives in the region. Increase in production and sales of electronic products in countries like China and India, owing to the growing middle-class income, change in lifestyles of the working class, and rapid urbanization is contributing to the growth of super abrasives in the market. The increase in production of electronics in the APAC region has contributed to the growth of super abrasives market. China is expected to reach US$152.7 billion in terms of value in the electronics products market in the year 2020.

Direct Purchase @ https://www.industryarc.com/purchasereport.php?id=503192

Super Abrasives Market Drivers

Growing demand in construction and manufacturing sector

The increase in demand for super abrasives in construction industry for precision and smoothening activities is driving the super abrasives market. For instance, according to Invest India (National Investment Promotion & Facilitation Agency), the construction sector in India is expected to record a CAGR of 15.7% from year 2020 to year 2022 and reach US$738.5 billion by 2022, which is expected to further drive the super abrasives market. Super abrasives are used for smoothening tiles, steel bars and concrete surfaces in the construction market. The increase in use of abrasives in manufacturing sector in various applications such as grinding, sharpening, reshaping etc., are also driving the super abrasives market.

Increase in automated systems

Super abrasives are used by automated systems and machining centres. This requires higher machining process operating speed for better and smooth surface finish. Such automated system requires super abrasives as they use precision tooling technology and other applications. The rise in demand and use of such applications is set to drive the growth for super abrasives industry. The increase in implementation of these industrial innovations is set to fuel the demand for super abrasives products and lead to the growth of super abrasives market.

Super Abrasives Market Challenges

Complexity and high initial cost

The increasing complexity of super abrasives is one of the biggest challenges of the super abrasives market. The initial cost of investing on super abrasives is also quite high which makes it difficult for small and medium size enterprises to use super abrasives. These small and medium size business does not have access to R&D resources and intelligence reports, which makes them less aware of super abrasives products which acts as one of the significant challenges of the super abrasives market.

Super Abrasives Market Industry Outlook

New product launches, acquisitions and mergers, expansions, collaborations and investments are some of the key strategies adopted by players in theSuper Abrasives Market.

Major players in the Super Abrasives Market are Sak Abrasives Inc., Saint-Gobain, Action Super Abrasive, Carborundum Industrial Co. Ltd, Eagles Superabrasives, Ehwa Diamond Industrial Co. Ltd, Klingspor, Mirka Ltd, Sia Abrasives Industries and 3M among others.

Acquisitions/Technology Launches

In February 2019, Sak Abrasives Inc., a subsidiary of Sak Industries Private Ltd., acquired Buffalo Abrasives Inc. to expand its production capabilities and international presence.

Key Takeaways

Asia-Pacific market held the largest share in the super abrasives market owing to the increase in focus on cost-effective and innovative procedures(such as industrial robotics, sensors etc.,) adopted in the region.

The increase in automated systems and machining centres are driving the super abrasives market as they are used for better surface finish by high operating speed of the machining process.

The increase in use of applications such as precision tooling, cutting tools, injection systems etc., in the manufacturing, automobile and construction industry is also driving the super abrasive market.

The extensive use of super abrasives in aerospace applications and other industrial applications is also driving the super abrasives market growth.

Related Report:

Global Abrasives Market
https://www.industryarc.com/Research/Global-Abrasives-Market-Research-503239

For more Chemicals and Materials Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



Source link

Previous Post

Nitrogen Trifluoride and Fluorine Gas Market Size Estimated to Reach $22.3 Billion by 2027

Next Post

The next 10 years to see the Organic Fertilizer Market riding on new-fangled chemical compositions at a CAGR of 6%

Related Posts

Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters
Press Releases

Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

June 18, 2025
4 Reasons Why One Needs to Invest Their Savings
Press Releases

Maternity Coverage in Health Insurance

June 18, 2025
Corporate Wellness Market Predicted to Reach USD 100 Billion by 2035, Advancing at a CAGR of 4.11%
Press Releases

Corporate Wellness Market Predicted to Reach USD 100 Billion by 2035, Advancing at a CAGR of 4.11%

June 17, 2025
Bearing Market forecast shows robust CAGR of 8.5% with valuation expected at USD 3,82,680.2 million by 2032
Press Releases

Bearing Market forecast shows robust CAGR of 8.5% with valuation expected at USD 3,82,680.2 million by 2032

June 17, 2025
Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%
Press Releases

Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%

June 17, 2025
Radiology Services Market Share Projected To Reach 65 Billion USD By 2035 | Technology, Trends and Outlook
Press Releases

Radiology Services Market Share Projected To Reach 65 Billion USD By 2035 | Technology, Trends and Outlook

June 17, 2025

LATEST NEWS

Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

June 18, 2025
4 Reasons Why One Needs to Invest Their Savings

Maternity Coverage in Health Insurance

June 18, 2025
Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

June 17, 2025
Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

June 17, 2025

About

South Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. To submit a press release today, contact us.

Categories

BOTSWANA

ESWATINI

LESOTHO

NAMIBIA

SOUTH AFRICA

PRESS RELEASES

Recent Post

Recent Posts
  • Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement
  • Maternity Coverage in Health Insurance
  • Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

Subscribe to Our Newsletter

    Share Us

    South Africana™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC

    No Result
    View All Result
    • AFRICA
    • Botswana
    • Eswatini
    • Lesotho
    • Namibia
    • South Africa
    • Press releases

    © 2024 Copyright SOUTH-AFRICANA