The India Non-Woven Abrasives Market was USD 167.8 Million in 2020 and is predicted to reach USD 235.2 Million by 2028, increasing at a 4.2% CAGR.India Non-Woven Abrasives Industry share By Product Type, Application, and End Use
The India Non-Woven Abrasives Market was accounted for USD 167.8 Million in 2020 and is expected to reach USD 235.2 Million by 2028, growing at a CAGR of around 4.2% between 2021 and 2028.
Non-Woven Abrasives material may be a three-dimensional abrasive, made up of open nylon filament web with abrasive grain bonded thereto. Non-Woven Abrasives are manufactured when abrasive grains are fused with nylon fibers and are bonded alongside the assistance of synthetic resins like phenolic, epoxy, and others. These abrasives are made from alumina, carbides, diamonds, and zirconia. It comes with many advantages like greater resilience, more comfort, water resistance, and non-rusting owing to which it's majorly utilized in portable grinding, sanding, and finishing operations.
Non-Woven Abrasives are primarily utilized in a variety of commercial applications like cleaning and finishing metal parts. It plays an important role in giving surface finish and shape for the specified material. Non-Woven Abrasives are used for commercial purposes during several major industries like aerospace, automotive, construction, cookware, and medical industries, wherein it's used for polishing of surfaces, buffing, honing, and sanding of the substrate material.
COVID-19 Impact Analysis
The COVID-19 outbreak has hit airports and other commercial platforms hard which could stall development in emerging markets. As a result, aviation, railways, and roadways have fallen sharply, which has prompted to chop capacity. Many are closed by governments to contain the spread of the virus. The result's a pointy fall in revenues of this market. Given the importance to all to the economic development of cities, countries, and regions, the broader impact of COVID-19 on the worldwide economy is enormous.
Growth Factors
Increasing population, rapidly growing urbanization, a better number of international airports, hotels, and hospitality are driving the expansion of the India Non-Woven Abrasives market. Non-woven abrasives are manufactured using different fibers like nylon fibers and artificial resins like phenolic, epoxy, and others. Petroleum is employed as a staple within the manufacturing of resins. Therefore, the continual volatility in petroleum prices affects resin prices and indirectly affects the non-woven abrasives industry negatively. Moreover, increasing applications of non-woven abrasives in aerospace and transportation is probably going to open new market avenues within the near future.
Report Scope:
Report Attributes | Report Details |
---|---|
Report Name | India Non-Woven Abrasives Market Size Report |
Market Size in 2020 | USD 167.8 Million |
Market Forecast in 2028 | USD 235.2 Million |
Compound Annual Growth Rate | CAGR of 4.2% |
Number of Pages | 180 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | AE Abrasives Edge Pvt. Ltd, Osborn, Steel Shine (Uppal India), Sia Abrasive (A Bosch Company), Samadhan Group, Stacke Abrasives India Pvt. Ltd, Saint-Gobain (Grindwell Norton), Wolcut Abrasives Private Limited, Scrubex Corporation, Amazon Brush Company, Humac Abrasives Private Limited and Mirka Ltd. |
Segments Covered | By Type,By end-user, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2021 |
Historical Year | 2016 to 2020 |
Forecast Year | 2022 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Segment Analysis Preview
Based on India Non-Woven Abrasives, the India Non-Woven Abrasives market can be categorized into major industries including construction, household, transportation, electronics & semiconductors, and other like industrial application i.e. machinery, medical devices, etc. Another segment was a serious end-user segment of the non-woven abrasives market and constituted a 36% share of the worldwide demand in 2016. It is predicted to continue its dominance within the global market over the forecast period thanks to the rapidly growing industrial, medical devices, and power generation sector among others. Transportation was the second largest end-user segment of the non-woven abrasives market. Non-woven abrasives have the variability of applications like maintenance and repair operations in rail transportation.
Regional Segment Analysis Preview
The non-woven abrasives market is predicted to witness significant growth owing to the increasing infrastructure development in the Asia Pacific. The rising population in the Asia Pacific increases the demand for expenditures on transportation, homes, etc. This simultaneously increases the demand for non-woven abrasives. the main driving factor for the non-woven abrasives market is increasing income in developing countries coupled with rising industrial and manufacturing activities under Central Governments like the ‘Make in India’ initiative. Additionally, construction is that the second-largest economic activity in India after agriculture and has been growing rapidly which leads the tremendous growth in non-woven abrasives demand.
Key Market Players & Competitive Landscape
The key players of non-woven abrasives market included in reports are AE Abrasives Edge Pvt. Ltd, Osborn, Steel Shine (Uppal India), Sia Abrasive (A Bosch Company), Samadhan Group, Stacke Abrasives India Pvt. Ltd, Saint-Gobain (Grindwell Norton), Wolcut Abrasives Private Limited, Scrubex Corporation, Amazon Brush Company, Humac Abrasives Private Limited and Mirka Ltd.
By End-User
By Region
FrequentlyAsked Questions
The India Non-Woven Abrasives Market was valued at USD 167.8 million in 2020.
The India Non-Woven Abrasives Market is expected to reach USD 235.2 million by 2028, growing at a CAGR of 4.2% between 2021 to 2028.
Some of the key factors driving the India Non-Woven Abrasives Market growth are Rapid urbanization, a rise ins the number of international airports, and an increase in the number of hotels is propelling demand for India Non-Woven Abrasives.
India held a substantial share of the India Non-Woven Abrasives Market in 2020.
The key players of non-woven abrasives market included in reports are AE Abrasives Edge Pvt. Ltd, Osborn, Steel Shine (Uppal India), Sia Abrasive (A Bosch Company), Samadhan Group, Stacke Abrasives India Pvt. Ltd, Saint-Gobain (Grindwell Norton), Wolcut Abrasives Private Limited, Scrubex Corporation, Amazon Brush Company, Humac Abrasives Private Limited and Mirka Ltd.
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