Leading Top 7 Companies in the Global Abrasives Market, Driven by Increase in the Demand for Metal

3M, ARC ABRASIVES, INC., Abrasive Technology, Fujimi Incorporated., Saint-Gobain, Pan Abrasives, and Robert Bosch Power Tools GmbH among others are the major players in the global abrasives market.

The global abrasives market size reached approximately USD 49.74 billion in 2023. The market is projected to grow at a CAGR of 4.9% between 2024 and 2032, reaching a value of around USD 76.34 billion by 2032. As per the analysis by Expert Market Research, the market is driven by the global increase in the demand for metal owing to the expansion of various end-use sectors.

The abrasives are used for cleaning the exterior and inside of vehicles, repairing vehicle bodies, and measuring engine parts. In addition to cleaning surfaces that are going to be painted, polished, oiled, or weld, these solutions are also used to clean the interiors of pipes. The substantial demand from a variety of uses is increasing the demand for abrasives.

Additionally, the growing need for pre-engineered metal goods is expected to propel the abrasives market growth. Businesses are spending money on R&D and innovation to bring high-performance, long-lasting, and sustainable abrasives to market. The goals of reducing environmental impact, improving operational efficiency, and meeting changing consumer demands are the main concerns of cutting edge, environmentally conscious abrasives technology.

In August 2023, the Indian entity of 3M, 3M India, inaugurated its first abrasive robotics lab at its Bengaluru centre in India. This initiation takes the total count of such labs to 17 for 3M. The company has close to 1100 employees in India and the inauguration comes following 3M’s plans to capture a larger share of potential customers seeking automation solutions in the Indian subcontinent.

A leader in abrasive solutions globally, The Tyrolit Group announced in October 2023, the acquisition of Acme Abrasives, a manufacturer and supplier of speciality abrasives solutions which is based out of Michigan in the United States. This comes as a strategic move for The Tyrolit Group to enhance its product offerings to cater to the railways and the steel & foundry industry given that Acme Abrasives is an industry leader for hot pressed grinding wheels in the North American region.

Top 7 Abrasives Companies in the World:

3M Company

3M is a multinational conglomerate, and its operations span a wide range of industries providing solutions and products that cater to clients in multifarious domains such as automotive, healthcare and consumer goods. 3M has a very diversified product portfolio as they manufacture, market and sell products like lubricants, adhesives, electronics components, cleaning supplies, tools and medical supplies among other products which they market under brand names like Post-it, Nexcare, Scotch-Brite, Ace, Command, Filtrete, and Futuro, among others.

ARC ABRASIVES, INC.

The company is a manufacturer and designer of abrasives for metal fabrications and finishing for various industries such as aerospace and automobile. It claims to be one of the few companies in the abrasives industry which are ISO 9001:2015 certified. The company also provides a wide range of customized solutions that cater to the specific needs of customers ranging from abrasives of various sizes, shapes and backing materials. Among the diverse portfolio of products that the company has are cut-off wheels, resin fibre discs, grinding wheels, flap discs, quick lock discs, cartridge rolls and sheets among others.

Abrasive Technology

The company is a leader in abrasive grinding and tooling with more than 140 patents and trademarks throughout its existence. Abrasive Technology also provides tailored engineering solutions which help them cater specifically to the needs of their customers. Their innovative product range spans across a wide range from polycrystalline diamond tooling to diamond and cubic boron nitride grinding solutions which help them accommodate clients from a wide range of industries like aerospace, defence, manufacturing, automobile, and healthcare.

Fujimi Incorporated.

Fujimi Incorporated. is a pioneer in abrasive and polishing materials with products that span multifarious industries. The company as per its annual report for the financial year 2024 recorded sales of JPY 37,604 million for the year ended 31 March 2024. Among the many different products that the company sells are products like abrasive powders and slurries, supplies for grinding and polishing, thermal spray materials and CMP slurries.

Saint-Gobain

Saint-Gobain has a major presence in over 76 countries across the globe with more than 160,000 employees dedicated to manufacturing, marketing and selling products and services in the domain of construction and industrial markets. With sales of over EUR 47.9 billion in 2023, the company provides a wide range of products such as coated abrasives for belts, rolls & discs, bonded abrasives, cutting discs & wheels, and super abrasives tools which use diamond and cubic boron nitride (cBN) super abrasive materials.

Pan Abrasives

The company plays a major role in providing products and solutions concerning requirements relating to surface preparation and finishing in both local and international markets. The company provides various products and solutions such as blast cabinets, operator protection gear, accessories & parts, replica tape gauges, coating thickness meters and cube bench-type blasters. It provides a variety of abrasive grains and coated abrasives such as belts, discs and sheets along with bonded abrasives which are used for grinding polishing and cutting.

Robert Bosch Power Tools GmbH

Robert Bosch Power Tools GmbH is a division of the Bosch Group that deals in products like power tools and garden tools among accessories like various measuring tools. The company reported a revenue of over EUR 5.6 billion for the year 2023 with more than 21 manufacturing facilities across the globe. It sells a wide assortment of abrasives such as paper rolls, standard sheets, wide belts and ‘siafast’ discs through its brand Sia Abrasives Industries AG.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.