China Metal Abrasives Market Size & Outlook, 2021-2030
China metal abrasives market, 2018-2030 (US$M)
Related Markets
China metal abrasives market highlights
- The China metal abrasives market generated a revenue of USD 1,770.2 million in 2021 and is expected to reach USD 2,885.9 million by 2030.
- The China market is expected to grow at a CAGR of 5.6% from 2022 to 2030.
- In terms of segment, steel was the largest revenue generating material in 2021.
- Steel is the most lucrative material segment registering the fastest growth during the forecast period.
Metal abrasives market data book summary
| Market revenue in 2021 | USD 1,770.2 million |
| Market revenue in 2030 | USD 2,885.9 million |
| Growth rate | 5.6% (CAGR from 2021 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Steel |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel |
| Key market players worldwide | Indus Holding AG, 3M Co, Compagnie de Saint-Gobain SA, Grindwell Norton, Marco International Group, W Abrasives, Metallurgical Supplies, Ervin Industries, Villa Scambiatori, Airblast |
Other key industry trends
- In terms of revenue, China accounted for 30.9% of the global metal abrasives market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China metal abrasives market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,082.8 million by 2030.
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Metal Abrasives Market Scope
Metal Abrasives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China metal 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 metal abrasives market will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 89.5% in 2021. Horizon Databook has segmented the China metal abrasives market based on steel covering the revenue growth of each sub-segment from 2018 to 2030.
- China Metal Abrasives Material Outlook (Revenue, USD Million, 2018-2030)
- Steel
- Others
- China Metal Abrasives Application Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Metalworking
- Machinery & equipment
- Construction
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the China metal abrasives market , including forecasts for subscribers. This country databook contains high-level insights into China metal abrasives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China metal abrasives market size, by material, 2018-2030 (US$M)
China Metal Abrasives Market Outlook Share, 2021 & 2030 (US$M)
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