What is Polishing Powder Market?
Polishing powder with high, middle, and low cerium are used for polishing the material, like marble polishing, display panels, flat glass, optical glass, consumer electronics, etc. The main product like alumina powder, diamond powder, silicon carbide powder SiC, boron carbide powder (B4C), and aluminum oxide powder – Al2O are used in the polishing applications. The polishing provides better strength, and longer durability to the object and enhances the surface quality.
The market study is being classified by Type (High Cerium, Middle Cerium and Low Cerium), by Application (Marble Polishing, Display Panels, Flat Glass, Optical Glass, Consumer Electronics and Others) and major geographies with country level break-up.
Solvay (Belgium), Universal Photonics, Inc. (United States), Showa Chemical (Japan), AMG Advanced Metallurgical Group (United Kingdom), RCMPA Polishing Technologies Pvt. Ltd. (India), Celanese Corporation (United States), GRISH Inc. (China), Baotou Hailiang Technology Co., Ltd (China), AGC Seimi Chemical Co. Ltd. (Japan) and Hua Ming Gaona Rare Earth New Materials Co., Ltd. (China) are some of the key players profiled in the study.
Segment Analysis
Analyst at AMA have segmented the market study of Global Polishing Powder market by Type, Application and Region.
On the basis of geography, the market of Polishing Powder 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Building and Construction Industry
- Increasing Demand for the Marble Policing to Enhance Appearance and Durability
Market Trend
- Emerging Usage of Polishing Powder in Optical Glass
Restraints
- Risk of Adverse Impact of Polishing Powder on Environment
Opportunities
- Surging Demand for Polishing Powder for Consumer Electronics Applications
Challenges
- Strength Regulatory Standards on the Production and Application of Polishing Powder
On 4th June 2020, Celanese Corporation announced it completed the acquisition of Nouryon’s re-dispersible polymer powders business offered under the Elotex brand. With the completion of the acquisition – having cleared all necessary closing conditions, regulatory and works council requirements – Celanese takes ownership of Nouryon’s global production facilities for re-dispersible polymer powders across Europe and Asia, all products under the Elotex portfolio, and all customer agreements, technology, and commercial facilities globally.
Key Target Audience
Polishing Powder Manufacturers, Polishing Powder International Traders, Polishing Powder Distributors ad Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others