Italy Abrasives Market Size & Outlook, 2020-2028
Italy abrasives market, 2017-2028 (US$M)
Related Markets
Italy abrasives market highlights
- The Italy abrasives market generated a revenue of USD 456.9 million in 2020 and is expected to reach USD 616.3 million by 2028.
- The Italy market is expected to grow at a CAGR of 3.8% from 2021 to 2028.
- In terms of segment, bonded was the largest revenue generating product in 2020.
- Coated is the most lucrative product segment registering the fastest growth during the forecast period.
Abrasives market data book summary
| Market revenue in 2020 | USD 456.9 million |
| Market revenue in 2028 | USD 616.3 million |
| Growth rate | 3.8% (CAGR from 2020 to 2028) |
| Largest segment | Bonded |
| Fastest growing segment | Coated |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coated, Bonded, Other Products |
| Key market players worldwide | 3M Co, Bosch, Henkel AG & Co KGaA, Compagnie de Saint-Gobain SA, Asahi Diamond Industrial Europe, sia Abrasives Holding, Deerfos, CUMI America, TYROLIT Group |
Other key industry trends
- In terms of revenue, Italy accounted for 1.3% of the global abrasives market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany abrasives market is projected to lead the regional market in terms of revenue in 2028.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 616.3 million by 2028.
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Abrasives Market Scope
Abrasives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy abrasives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to abrasives market will help companies and investors design strategic landscapes.
Bonded was the largest segment with a revenue share of 43.93% in 2020. Horizon Databook has segmented the Italy abrasives market based on coated, bonded, other products covering the revenue growth of each sub-segment from 2017 to 2028.
Italy is the home to motorsport racing with the presence of giants such as Ferrari, Lamborghini, Maserati, and Alfa Romeo. The growth of the abrasive market in Italy can largely be attributed to the transportation segment. Also, the country boasts of a large aerospace & defense industry, which is among the top 10 in the world and the 4th largest in Europe.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy abrasives market , including forecasts for subscribers. This country databook contains high-level insights into Italy abrasives market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Italy abrasives market size, by product, 2017-2028 (US$M)
Italy Abrasives Market Outlook Share, 2020 & 2028 (US$M)
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