India Abrasive Market is valued at USD362.26 million in 2021 and is anticipated to project a robust growth in the forecast period with a CAGR of 6.61%. Initiatives such as ‘Smart Cities Mission’ and ‘Housing for All’ along with rising demand for electronic gadgets and growing demands for automobile are driving the growth of the India abrasive market.

Abrasive is a material, often a mineral, that is used to shape or finish a workpiece through rubbing which leads to part of the workpiece being worn away by friction. It is categorized into two sub-segments on the basis of origin namely natural and synthesis abrasive.

Rise in Competition with Entry of New Players

It has been observed that there has been a rise in the new abrasive companies which are inclining towards providing complete set of products across the country. Major players are increasingly focusing on extending their product portfolios, which is leading towards the rise in a large number of new players in the market. The new emerging manufacturers and suppliers are also offering post sale maintenance activities as part of their integrated product solution package for a longer duration of period. This has led to a greater competition in the market. Hence, the rising rivalry in the market is expected to contribute to the demand for abrasives in the country in the upcoming years.

End-User Landscape

Abrasives are applied to grinding wheels that are utilized as cutting tools in the general engineering industry. Abrasive jet machining, pencil blasting, and abrasive micro blasting are common applications. These technologies do not generate heat and can be used in major applications such as blasting and manufacturing tools. Abrasives are applied to buffs, which are multipurpose instruments that can be used for everything from cutting to polishing. Buffing is suitable for finishing pots and pans, alloy ware, and flat pans. Meter buffs, wavering buffs, and classic airway buffs are some types of buffs used in such applications.

Focus towards Southern Region

Due to the increasing construction activities in states like Telangana and Andhra Pradesh, the market in South is likely to rise rapidly during the forecast period. Increased progress and urbanization are likely to have an impact on the reginal market’s healthy expansion. The growing electronic industries in Karnataka will help in the market's expansion in forecast period. Due to increased vehicle manufacturing and consumption, Tamil Naidu is predicted to grow at a significant rate during the forecast period. The expanding trend of cleaning and maintaining autos will open up new chances for the market.

Market Segmentation

The India Abrasive Market is segmented on the basis of Type, Material, End-user Industry, Region. Based on type, the market is further bifurcated into Bonded, Coated, and Super. On the basis of Material, the market is fragmented into Natural and Synthetic. Based on End-user Industry, the market is divided into Automotive, Metal Fabrication, Machinery, Electronic, Construction and Others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North, East, West, and South.


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Company Profiles

Carborundum Universal Ltd., Grindwell Norton Ltd., Wendt India Ltd., Hindustan Abrasives, Sterling Abrasives Limited, Orient Abrasives Limited, Welcast Steels Ltd., Asahi Diamond Industrial India Private Limited, Bosch Limited, Henkel Anand India Private Limited.

Attribute

Details

Market Size Value in 2021

USD362.26 million

Revenue Forecast in 2027

USD541.84 million

Growth Rate

6.61%

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F– 2027F

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         By Material

·         By End-user

Regional Scope

North; East; West; South

Key Companies Profiled

Carborundum Universal Ltd., Grindwell Norton Ltd., Wendt India Ltd., Hindustan Abrasives, Sterling Abrasives Limited, Orient Abrasives Limited, Welcast Steels Ltd., Asahi Diamond Industrial India Private Limited, Bosch Limited, Henkel Anand India Private Limited

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, India Abrasive Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         India Abrasive Market, By Type:

    • Bonded
    • Coated
    • Super
  • India Abrasive Market, By Material:
    • Natural
    • Synthetic
  • India Abrasive Market, By End-User Industry:
    • Automotive
    • Metal Fabrication
    • Machinery
    • Electronic
    • Construction
    • Others
  • India Abrasive Market, By Region:
    • North
    • East
    • West
    • South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Abrasive Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Abrasive Market

4.    Executive Summary

5.       Voice of Customer

5.1.    Brand Awareness

5.2.    Customer Satisfaction Level

5.3.    Factors Considered While Selecting Supplier

5.4.    Challenges/Issues Faced Post Purchase

6.    India Abrasive Market Outlook, FY2017-FY2027F

6.1.  Market Size & Forecast

6.1.1.       By Value

6.2.  Market Share & Forecast

6.2.1.       By Type (Bonded, Coated, and Super)

6.2.2.       By Material (Natural and Synthetic)

6.2.3.       By End-user Industry (Automotive, Metal Fabrication, machinery, Electronic, Construction and Others)

6.2.4.       By Company (FY2021)

6.2.5.       By Region (East, West, North, South)

6.3.  Market Map

7.    India Bonded Abrasive Market Outlook, FY2017-FY2027F

7.1.  Market Size & Forecast

7.1.1.       By Value

7.2.  Market Share & Forecast

7.2.1.       By Material  

7.2.2.       By End-user Industry

8.    India Coated Abrasive Market Outlook, FY2017-FY2027F

8.1.  Market Size & Forecast

8.1.1.       By Value

8.2.  Market Share & Forecast

8.2.1.       By Material  

8.2.2.       By End-user Industry

9.    India Super Abrasive Market Outlook, FY2017-FY2027F

9.1.  Market Size & Forecast

9.1.1.       By Value

9.2.  Market Share & Forecast

9.2.1.       By Material  

9.2.2.       By End-user Industry

10.  Import Export Analysis

11.  Market Dynamics

11.1.        Drivers

11.2.        Challenges

12.  Market Trends and Developments

13.  Policy and Regulatory Landscape

14.  India Economic Profile

15.  Pricing Analysis

16.  Competitive Benchmarking

17.  Company Profiles

17.1.        Carborundum Universal Ltd

17.2.        Grindwell Norton Ltd

17.3.        Wendt India Ltd

17.4.        Hindustan Abrasives

17.5.        Sterling Abrasives Limited

17.6.        Orient Abrasives Limited

17.7.        Welcast Steels Ltd

17.8.        Asahi Diamond Industrial India Private Limited

17.9.        Bosch Limited

17.10.      Henkel Anand India Private Limited

18.  Strategic Recommendations

19.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

    Figure 1: India Abrasive Market Size, By Value (USD Million), 2017-2027F

    Figure 2: India Abrasive Market Share, By Type, By Value, 2017-2027F                                                    

    Figure 3: India Abrasive Market Share, By Material, By Value, 2017-2027F

    Figure 4: India Abrasive Market Share, By End-User, By Value, 2017-2027F

    Figure 5: India Abrasive Market Share, By Region, By Value, 2017-2027F                                                

    Figure 6: India Abrasive Market Share, By Company, By Value, 2017-2027F

    Figure 7: South India Abrasive Market Size, By Value (USD Million), 2017-2027F

    Figure 8: South India Abrasive Market Share, By Type, By Value, 2017-2027F

    Figure 9: South India Abrasive Market Share, By Material, By Value, 2017-2027F

    Figure 10: South India Abrasive Market Share, By End-User, By Value, 2017-2027F

    Figure 11: South India Abrasive Market Share, By Region, By Value, 2017-2027F

    Figure 12: West India Abrasive Market Size, By Value (USD Million), 2017-2027F

    Figure 13: West India Abrasive Market Share, By Type, By Value, 2017-2027F

    Figure 14: West India Abrasive Market Share, By Material, By Value, 2017-2027F

    Figure 15: West India Abrasive Market Share, By End-User, By Value, 2017-2027F

    Figure 16: West India Abrasive Market Share, By Region, By Value, 2017-2027F

    Figure 17: North India Abrasive Market Size, By Value (USD Million), 2017-2027F

    Figure 18: North India Abrasive Market Share, By Type, By Value, 2017-2027F

    Figure 19: North India Abrasive Market Share, By Material, By Value, 2017-2027F

    Figure 20: North India Abrasive Market Share, By End-User, By Value, 2017-2027F

    Figure 21: North India Abrasive Market Share, By Region, By Value, 2017-2027F

    Figure 22: East India Abrasive Market Size, By Value (USD Million), 2017-2027F

    Figure 23: East India Abrasive Market Share, By Type, By Value, 2017-2027F

    Figure 24: East India Abrasive Market Share, By Material, By Value, 2017-2027F

    Figure 25: East India Abrasive Market Share, By End-User, By Value, 2017-2027F

    Figure 26: East India Abrasive Market Share, By Region, By Value, 2017-2027F