AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Grinding Disc market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Grinding Disc market to grow at a CAGR of %.
The End-User Industry, such as Automotive, is boosting the Grinding Disc market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Abrasive Grain Size, such as Coarse, is boosting the Grinding Disc market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Grade, such as Very Soft, is boosting the Grinding Disc market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Abrasive Type, such as Cubic Boron Nitride, is boosting the Grinding Disc market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Grinding Disc market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Advancement in Abrasive Technology.
Grinding disc or grinding wheel is used in grinding machines for cutting, grinding operations. These discs are typically made of abrasive particles bonded together. The main components that make up a grinding disc are abrasive grains and bonding materials. Grinding wheels are considered an efficient tool to shape and finish materials. The market for grinding discs is expected to grow in accordance with metal fabrication and machinery industries.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Grinding Disc market by Type (Cup Wheel, Straight, Cylinder, Tapered, Straight Cup, Dish Cup, Saucer Wheel, Diamond Wheel and Diamond Mandrels), by Application (Metal Grinding and Stone Grinding) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market