What is Global Non-Woven Abrasive Locking Discs Market?
The Global Non-Woven Abrasive Locking Discs Market is a specialized sector that focuses on the production and distribution of non-woven abrasive locking discs. These discs are primarily used in various industries for grinding, finishing, and polishing applications. The non-woven abrasive locking discs are made from a non-woven synthetic fabric, impregnated with abrasive grains, and then bonded together. The unique construction of these discs allows for cool, efficient, and contaminate-free grinding and finishing. The global market for these discs is growing steadily, driven by the increasing demand from various end-use industries such as automotive, furniture, machinery, and electronics among others. However, the market is also facing challenges such as the high cost of raw materials and stringent environmental regulations. Despite these challenges, the market is expected to continue its growth trajectory in the coming years, thanks to the continuous advancements in the manufacturing technologies and the expanding applications of non-woven abrasive locking discs.
Quick Change, Arbor Hole, Others in the Global Non-Woven Abrasive Locking Discs Market:
The Global Non-Woven Abrasive Locking Discs Market is segmented based on the type of discs into Quick Change, Arbor Hole, and Others. The Quick Change type is the most popular and widely used type in the market, accounting for over 70% of the market share. These discs are known for their easy and quick changeability, which significantly reduces the downtime and increases the productivity in various industrial applications. The Arbor Hole type, on the other hand, is used for more heavy-duty applications and requires a special tool for changing the disc. The Others category includes various other types of non-woven abrasive locking discs that are used for specific applications. Each type of disc has its own unique features and advantages, and their demand varies based on the specific requirements of the end-use industries.
Automotive, Furniture, Machinery, Electronics, Others in the Global Non-Woven Abrasive Locking Discs Market:
The Global Non-Woven Abrasive Locking Discs Market finds its usage in various areas such as Automotive, Furniture, Machinery, Electronics, and Others. In the automotive industry, these discs are used for various applications such as surface preparation, paint removal, rust removal, and finishing. The furniture industry uses these discs for sanding and finishing wooden furniture. In the machinery industry, the discs are used for grinding and finishing various machine parts. The electronics industry uses these discs for surface preparation and finishing of electronic components. The Others category includes various other industries such as construction, aerospace, and shipbuilding among others, where these discs are used for a variety of grinding and finishing applications.
Global Non-Woven Abrasive Locking Discs Market Outlook:
The global Non-Woven Abrasive Locking Discs market, valued at US$ 85 million in 2022, is projected to reach US$ 116.9 million by 2029, growing at a CAGR of 4.6% during the forecast period 2023-2029. The market is dominated by a few major players, with the top 10 companies accounting for over 60% of the global market share. Saint-Gobain and 3M are the leading players in this industry, contributing to more than 30% of the global production. The automotive industry is the largest consumer of non-woven abrasive locking discs, accounting for more than 30% of the total consumption market share, followed by the machinery industry with about 25% consumption market share.
| Report Metric | Details |
| Report Name | Non-Woven Abrasive Locking Discs Market |
| Accounted market size in 2022 | US$ 85 in million |
| Forecasted market size in 2029 | US$ 116.9 million |
| CAGR | 4.6% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Saint-Gobain, 3M, SIA Abrasives (Bosch), PFERD, Osborn, Mirka, Klingspor, Bibielle, Hermes Abrasives, Nihon Kenshi, ARC Abrasives, Dewalt, The LBA Innovation Way, Zhengzhou KINGSHARK Abrasives, Ampol |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
