About Industrial Brushes
The Canadian industrial brushes market is expected to grow at a moderate pace during the forecast period, according to the AMA study. Advancements in industrial technologies & the requirement of periodic maintenance of industrial equipment and increasing demand from the sectors such as automotive, aerospace, & industrial manufacturing are expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 but it is again expected to rise at a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Industrial Brushes market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M (United States), Associated Industrial Brush Co Ltd (Canada), Robert Bosch (Germany), Fuller Industries LLC (United States), Gordon Brush Mfg. Co., Inc. (United States), Ibex Industrial Brushes Ltd (United Kingdom), Robert Bosch GmbH (Germany), Saint-Gobain (France), Spiral Brushes Inc. (United States), Tanis Brush (United States), The Industrial Brush Company, Inc. (United States), The Mill-Rose Company (United States) and Unimade Industry Co., Limited (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Industrial Brushes market by Type (Disc Brushes, Roller Brushes, Circular Brushes, Lath Brushes and Others), Application (Industrial Manufacturing, Automotive, Aerospace & Defense, Construction & Utility, Pharmaceutical, Packaging & Labeling, Lithography & Printing and Others) and Region.
On the basis of geography, the market of Industrial Brushes has been segmented into 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). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Industrial Brushes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Metal will boost the Industrial Brushes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Adoption of Online Sales Channel and Rising Consumer Shift Towards Composite Brushes Over Metal Brushes
Market Growth Drivers:
Advancements in Industrial Technologies Propelling the Demand for Industrial Brushes and Rising Consumer Shift Towards Composite Brushes Over Metal Brushes
Challenges:
Reduced Industrial Operations Due to COVID-19 Pandemic Across the Countries
Restraints:
Volatility in Raw Material Prices
Opportunities:
Expansion of Industries Across Canada is Expected to Generate Huge Opportunities for Market Vendors During the Forecast Period
Market Leaders and their expansionary development strategies
In May 2023, Gordon Brush Mfg. Co., Inc. has acquired Justman Brush Company located in Omaha, Nebraska. The Company’s manufacturing and operations will remain in its 45,000 sq. ft. building in Omaha while administrative procedures will be moved to Gordon Brush’s 183,000 sq. ft., City of Industry, California facility.
Galaxy Sivtek Pvt. Ltd., a leading manufacturer of industrial sifting & self-cleaning filter equipment announced today, the launch of SIVTEK Rotary Brush a new add-on/option for industrial screening equipment of any make, any design to eliminate one of the common concerns of low production capacity due to clogging of screening mesh.
Stringent Government Regulations Regarding Lock-Down of Cities & Shutting Down of Operations Across Different Industries Across the World Due to the COVID-19 Pandemic is Impacting the Demand for Industrial Brushes
Analyst View
Since the COVID-19 virus outbreak in December 2019, the disease has spread to more than 200 countries across the world along with the World Health Organization declaring it a public health emergency. The impact of the COVID-19 has already hit many industries and will affect the Canadian industrial brushes market in FY 2020. The outbreak of COVID-19 has brought effects on many aspects, like scheduled public transportation cancellations; downfall in the real estate sector; travel bans and quarantines; closed operations across hotels & restaurants; banning of public gatherings & events; large slow-down in the supply chain of different markets; stock market unpredictability; declining business assurance, and uncertainty in the future market dynamics.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.